Quarterly report pursuant to Section 13 or 15(d)

LOANS / LEASES AND ALLOWANCE FOR CREDIT LOSSES (Tables)

v3.4.0.3
LOANS / LEASES AND ALLOWANCE FOR CREDIT LOSSES (Tables)
3 Months Ended
Mar. 31, 2016
Receivables [Abstract]  
Loan and Lease Portfolio
The following table provides a detailed listing of Huntington’s loan and lease portfolio at March 31, 2016 and December 31, 2015:
(dollar amounts in thousands)
March 31,
2016
 
December 31,
2015
Loans and leases:
 
 
 
Commercial and industrial
$
21,253,692

 
$
20,559,834

Commercial real estate
5,281,810

 
5,268,651

Automobile
9,919,921

 
9,480,678

Home equity
8,422,439

 
8,470,482

Residential mortgage
6,081,984

 
5,998,400

Other consumer
579,513

 
563,054

Loans and leases
51,539,359

 
50,341,099

Allowance for loan and lease losses
(613,719
)
 
(597,843
)
Net loans and leases
$
50,925,640

 
$
49,743,256

Loans acquired with deteriorated credit quality
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
Loan Purchases and Sales
The following table summarizes significant portfolio loan purchase and sale activity for the three-month periods ended March 31, 2016 and 2015. The table below excludes mortgage loans originated for sale.
(dollar amounts in thousands)
Commercial
and Industrial
 
Commercial
Real Estate
 
Automobile
 
 
Home
Equity
 
 
Residential
Mortgage
 
Other
Consumer
 
Total
Portfolio loans and leases purchased or transferred from held for sale during the:
Three-month period ended March 31, 2016
$
664,887

 
$

 
$


 
$


 
$
2,144

 
$

 
$
667,031

Three-month period ended March 31, 2015
12,591

 

 

 
 


 
3,883

 

 
16,474

Portfolio loans and leases sold or transferred to loans held for sale during the:
Three-month period ended March 31, 2016
$
144,519

 
$

 
$


 
$


 
$

 
$

 
$
144,519

Three-month period ended March 31, 2015
85,700

 

 
1,061,859

(1)
 


 

 

 
1,147,559

(1)
Reflects the transfer of approximately $1.0 billion automobile loans to loans held-for-sale at March 31, 2015.
NALs and Past Due Loans
The following table presents NALs by loan class at March 31, 2016 and December 31, 2015:
(dollar amounts in thousands)
March 31,
2016
 
December 31,
2015
Commercial and industrial:
 
 
 
Owner occupied
$
28,202

 
$
35,481

Other commercial and industrial
279,622

 
139,714

Total commercial and industrial
307,824

 
175,195

Commercial real estate:
 
 
 
Retail properties
4,087

 
7,217

Multi-family
4,501

 
5,819

Office
17,495

 
10,495

Industrial and warehouse
1,794

 
2,202

Other commercial real estate
2,924

 
3,251

Total commercial real estate
30,801

 
28,984

Automobile
7,598

 
6,564

Home equity:
 
 
 
Secured by first-lien
35,101

 
35,389

Secured by junior-lien
27,107

 
30,889

Total home equity
62,208

 
66,278

Residential mortgage
90,303

 
94,560

Other consumer

 

Total nonaccrual loans
$
498,734

 
$
371,581

Aging analysis of loans and leases
The following table presents an aging analysis of loans and leases, including past due loans, by loan class at March 31, 2016 and December 31, 2015: (1)
 
March 31, 2016
 
Past Due
 
 
 
Total Loans
and Leases
 
90 or more
days past due
and accruing
 
(dollar amounts in thousands)
30-59 Days
 
60-89 Days
 
90 or more days
Total
 
Current
 
 
 
Commercial and industrial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
$
2,841

 
$
1,399

 
$
10,952

 
$
15,192

 
$
3,991,359

 
$
4,006,551

 
$

 
Purchased credit-impaired
6

 
69

 
4,459

 
4,534

 
10,066

 
14,600

 
4,459

(2)
Other commercial and industrial
39,246

 
31,255

 
41,679

 
112,180

 
17,120,361

 
17,232,541

 
3,573

(3)
Total commercial and industrial
42,093

 
32,723

 
57,090

 
131,906

 
21,121,786

 
21,253,692

 
8,032

 
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Retail properties
204

 
530

 
2,782

 
3,516

 
1,570,318

 
1,573,834

 

 
Multi-family
624

 
567

 
1,811

 
3,002

 
1,085,120

 
1,088,122

 

 
Office

 
182

 
3,003

 
3,185

 
859,000

 
862,185

 

 
Industrial and warehouse
120

 

 
994

 
1,114

 
400,263

 
401,377

 

 
Purchased credit-impaired

 

 
12,694

 
12,694

 

 
12,694

 
12,694

(2)
Other commercial real estate
249

 
278

 
2,433

 
2,960

 
1,340,638

 
1,343,598

 

 
Total commercial real estate
1,197

 
1,557

 
23,717

 
26,471

 
5,255,339

 
5,281,810

 
12,694

 
Automobile
54,220

 
10,205

 
5,291

 
69,716

 
9,850,205

 
9,919,921

 
5,064

 
Home equity:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured by first-lien
11,570

 
5,148

 
25,854

 
42,572

 
5,146,801

 
5,189,373

 
4,606

 
Secured by junior-lien
14,156

 
8,025

 
25,066

 
47,247

 
3,185,819

 
3,233,066

 
3,965

 
Total home equity
25,726

 
13,173

 
50,920

 
89,819

 
8,332,620

 
8,422,439

 
8,571

 
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage
85,460

 
31,460

 
116,358

 
233,278

 
5,847,214

 
6,080,492

 
69,583

(4)
Purchased credit-impaired

 

 

 

 
1,492

 
1,492

 

 
Total residential mortgage
85,460

 
31,460

 
116,358

 
233,278

 
5,848,706

 
6,081,984

 
69,583

 
Other consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other consumer
4,987

 
1,393

 
1,868

 
8,248

 
571,226

 
579,474

 
1,868

 
Purchased credit-impaired

 

 

 

 
39

 
39

 

 
Total other consumer
4,987

 
1,393

 
1,868

 
8,248

 
571,265

 
579,513

 
1,868

 
Total loans and leases
$
213,683

 
$
90,511

 
$
255,244

 
$
559,438

 
$
50,979,921

 
$
51,539,359

 
$
105,812

 

 
December 31, 2015
 
Past Due
 
 
 
Total Loans
and Leases
 
90 or more
days past due
and accruing
 
(dollar amounts in thousands)
30-59 Days
 
60-89 Days
 
90 or more days
Total
 
Current
 
 
 
Commercial and industrial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied
$
11,947

 
$
3,613

 
$
13,793

 
$
29,353

 
$
3,983,447

 
$
4,012,800

 
$

 
Purchased credit-impaired
292

 
1,436

 
5,949

 
7,677

 
13,340

 
21,017

 
5,949

(2)
Other commercial and industrial
32,476

 
8,531

 
27,236

 
68,243

 
16,457,774

 
16,526,017

 
2,775

(3)
Total commercial and industrial
44,715

 
13,580

 
46,978

 
105,273

 
20,454,561

 
20,559,834

 
8,724


Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Retail properties
1,823

 
195

 
3,637

 
5,655

 
1,501,054

 
1,506,709

 

 
Multi family
961

 
1,137

 
2,691

 
4,789

 
1,073,429

 
1,078,218

 

 
Office
5,022

 
256

 
3,016

 
8,294

 
886,331

 
894,625

 

 
Industrial and warehouse
93

 

 
373

 
466

 
503,701

 
504,167

 

 
Purchased credit-impaired
102

 
3,818

 
9,549

 
13,469

 
289

 
13,758

 
9,549

(2)
Other commercial real estate
1,231

 
315

 
2,400

 
3,946

 
1,267,228

 
1,271,174

 

 
Total commercial real estate
9,232

 
5,721

 
21,666

 
36,619

 
5,232,032

 
5,268,651

 
9,549


Automobile
69,553

 
14,965

 
7,346

 
91,864

 
9,388,814

 
9,480,678

 
7,162

 
Home equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Secured by first-lien
18,349

 
7,576

 
26,304

 
52,229

 
5,139,256

 
5,191,485

 
4,499

 
Secured by junior-lien
18,128

 
9,329

 
29,996

 
57,453

 
3,221,544

 
3,278,997

 
4,545

 
Total home equity
36,477

 
16,905

 
56,300

 
109,682

 
8,360,800

 
8,470,482

 
9,044

 
Residential mortgage
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage
102,670

 
34,298

 
119,354

 
256,322

 
5,740,624

 
5,996,946

 
69,917

(5)
Purchased credit-impaired
103

 

 

 
103

 
1,351

 
1,454

 

 
Total residential mortgage
102,773

 
34,298

 
119,354

 
256,425

 
5,741,975

 
5,998,400

 
69,917


Other consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other consumer
6,469

 
1,852

 
1,395

 
9,716

 
553,286

 
563,002

 
1,394

 
Purchased credit-impaired

 

 

 

 
52

 
52

 

 
Total other consumer
6,469

 
1,852

 
1,395

 
9,716

 
553,338

 
563,054

 
1,394

 
Total loans and leases
$
269,219

 
$
87,321

 
$
253,039

 
$
609,579

 
$
49,731,520

 
$
50,341,099

 
$
105,790

 
(1)
NALs are included in this aging analysis based on the loan’s past due status.
(2)
Amounts represent accruing purchased impaired loans related to acquisitions. Under the applicable accounting guidance (ASC 310-30), the loans were recorded at fair value upon acquisition and remain in accruing status.
(3)
Amounts include Huntington Technology Finance administrative lease delinquencies.
(4)
Includes $58 million guaranteed by the U.S. government.
(5)
Includes $56 million guaranteed by the U.S. government.
ALLL and AULC activity by portfolio segment
The following table presents ALLL and AULC activity by portfolio segment for the three-month periods ended March 31, 2016 and 2015:
(dollar amounts in thousands)
Commercial
and Industrial
 
Commercial
Real Estate
 
Automobile
 
Home
Equity
 
Residential
Mortgage
 
Other
Consumer
 
Total
Three-month period ended March 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
ALLL balance, beginning of period
$
298,746

 
$
100,007

 
$
49,504

 
$
83,671

 
$
41,646

 
$
24,269

 
$
597,843

Loan charge-offs
(16,823
)
 
(12,126
)
 
(11,486
)
 
(7,710
)
 
(2,760
)
 
(8,787
)
 
(59,692
)
Recoveries of loans previously charged-off
10,309

 
29,602

 
4,716

 
4,029

 
1,113

 
1,371

 
51,140

Provision (reduction in allowance) for loan and lease losses
28,135

 
(15,409
)
 
5,298

 
(1,888
)
 
753

 
7,449

 
24,338

Write-downs of loans sold or transferred to loans held for sale

 

 

 

 
90

 

 
90

ALLL balance, end of period
$
320,367

 
$
102,074

 
$
48,032

 
$
78,102

 
$
40,842

 
$
24,302

 
$
613,719

AULC balance, beginning of period
$
55,886

 
$
7,562

 
$

 
$
2,068

 
$
18

 
$
6,547

 
$
72,081

Provision for (reduction in allowance) unfunded loan commitments and letters of credit
2,499

 
(75
)
 

 
42

 
2

 
776

 
3,244

AULC balance, end of period
$
58,385

 
$
7,487

 
$

 
$
2,110

 
$
20

 
$
7,323

 
$
75,325

ACL balance, end of period
$
378,752

 
$
109,561

 
$
48,032

 
$
80,212

 
$
40,862

 
$
31,625

 
$
689,044

(dollar amounts in thousands)
Commercial
and Industrial
 
Commercial
Real Estate
 
Automobile
 
Home
Equity
 
Residential
Mortgage
 
Other
Consumer
 
Total
Three-month period ended March 31, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
ALLL balance, beginning of period
$
286,995

 
$
102,839

 
$
33,466

 
$
96,413

 
$
47,211

 
$
38,272

 
$
605,196

Loan charge-offs
(24,612
)
 
(2,013
)
 
(8,103
)
 
(8,586
)
 
(4,863
)
 
(6,898
)
 
(55,075
)
Recoveries of loans previously charged-off
13,209

 
6,025

 
3,855

 
3,961

 
2,047

 
1,546

 
30,643

Provision for (reduction in allowance) loan and lease losses
8,981

 
(6,099
)
 
10,200

 
18,492

 
10,985

 
(15,904
)
 
26,655

Allowance for loans sold or transferred to loans held for sale

 

 
(2,293
)
 

 

 

 
(2,293
)
ALLL balance, end of period
$
284,573

 
$
100,752

 
$
37,125

 
$
110,280

 
$
55,380

 
$
17,016

 
$
605,126

AULC balance, beginning of period
$
48,988

 
$
6,041

 
$

 
$
1,924

 
$
8

 
$
3,845

 
$
60,806

Provision for (reduction in allowance) unfunded loan commitments and letters of credit
(6,673
)
 
(510
)
 

 
715

 
1

 
403

 
(6,064
)
AULC balance, end of period
$
42,315

 
$
5,531

 
$

 
$
2,639

 
$
9

 
$
4,248

 
$
54,742

ACL balance, end of period
$
326,888

 
$
106,283

 
$
37,125

 
$
112,919

 
$
55,389

 
$
21,264

 
$
659,868

Loan and lease balances by credit quality indicator
The following table presents each loan and lease class by credit quality indicator at March 31, 2016 and December 31, 2015:
 
March 31, 2016
 
Credit Risk Profile by UCS Classification
(dollar amounts in thousands)
Pass
 
OLEM
 
Substandard
 
Doubtful
 
Total
Commercial and industrial:
 
 
 
 
 
 
 
 
 
Owner occupied
$
3,747,191

 
$
85,644

 
$
173,241

 
$
475

 
$
4,006,551

Purchased credit-impaired
3,013

 
670

 
10,917

 

 
14,600

Other commercial and industrial
16,138,472

 
308,603

 
778,423

 
7,043

 
17,232,541

Total commercial and industrial
19,888,676

 
394,917

 
962,581

 
7,518

 
21,253,692

Commercial real estate:
 
 
 
 
 
 
 
 
 
Retail properties
1,555,093

 
8,240

 
10,501

 

 
1,573,834

Multi-family
1,042,495

 
28,005

 
17,218

 
404

 
1,088,122

Office
806,473

 
15,129

 
40,161

 
422

 
862,185

Industrial and warehouse
376,898

 
20,588

 
3,837

 
54

 
401,377

Purchased credit-impaired
7,115

 
447

 
5,132

 

 
12,694

Other commercial real estate
1,308,447

 
3,622

 
30,898

 
631

 
1,343,598

Total commercial real estate
5,096,521

 
76,031

 
107,747

 
1,511

 
5,281,810

 
 
 
 
 
 
 
 
 
 
 
Credit Risk Profile by FICO Score (1)
 
750+
 
650-749
 
<650
 
Other (2)
 
Total
Automobile
4,894,441

 
3,618,491

 
1,140,522

 
266,467

 
9,919,921

Home equity:
 
 
 
 
 
 
 
 
 
Secured by first-lien
3,346,422

 
1,463,054

 
264,024

 
115,873

 
5,189,373

Secured by junior-lien
1,812,484

 
1,018,134

 
309,979

 
92,469

 
3,233,066

Total home equity
5,158,906

 
2,481,188

 
574,003

 
208,342

 
8,422,439

Residential mortgage:
 
 
 
 
 
 
 
 
 
Residential mortgage
3,652,557

 
1,790,319

 
550,229

 
87,387

 
6,080,492

Purchased credit-impaired
278

 
737

 
477

 

 
1,492

Total residential mortgage
3,652,835

 
1,791,056

 
550,706

 
87,387

 
6,081,984

Other consumer:
 
 
 
 
 
 
 
 
 
Other consumer
216,875

 
263,341

 
54,790

 
44,468

 
579,474

Purchased credit-impaired

 
39

 

 

 
39

Total other consumer
$
216,875

 
$
263,380

 
$
54,790

 
$
44,468

 
$
579,513


 
December 31, 2015
 
Credit Risk Profile by UCS Classification
(dollar amounts in thousands)
Pass
 
OLEM
 
Substandard
 
Doubtful
 
Total
Commercial and industrial:
 
 
 
 
 
 
 
 
 
Owner occupied
$
3,731,113

 
$
114,490

 
$
165,301

 
$
1,896

 
$
4,012,800

Purchased credit-impaired
3,051

 
674

 
15,661

 
1,631

 
21,017

Other commercial and industrial
15,523,625

 
284,175

 
714,615

 
3,602

 
16,526,017

Total commercial and industrial
19,257,789

 
399,339

 
895,577

 
7,129

 
20,559,834

Commercial real estate:
 
 
 
 
 
 
 
 
 
Retail properties
1,473,014

 
10,865

 
22,830

 

 
1,506,709

Multi-family
1,029,138

 
28,862

 
19,898

 
320

 
1,078,218

Office
822,824

 
35,350

 
36,011

 
440

 
894,625

Industrial and warehouse
493,402

 
259

 
10,450

 
56

 
504,167

Purchased credit-impaired
7,194

 
397

 
6,167

 

 
13,758

Other commercial real estate
1,240,482

 
4,054

 
25,811

 
827

 
1,271,174

Total commercial real estate
5,066,054

 
79,787

 
121,167

 
1,643

 
5,268,651

 
 
 
 
 
 
 
 
 
 
 
Credit Risk Profile by FICO Score (1)
 
750+
 
650-749
 
<650
 
Other (2)
 
Total
Automobile
4,680,684

 
3,454,585

 
1,086,914

 
258,495

 
9,480,678

Home equity:
 
 
 
 
 
 
 
 
 
Secured by first-lien
3,369,657

 
1,441,574

 
258,328

 
121,926

 
5,191,485

Secured by junior-lien
1,841,084

 
1,024,851

 
323,998

 
89,064

 
3,278,997

Total home equity
5,210,741

 
2,466,425

 
582,326

 
210,990

 
8,470,482

Residential mortgage
 
 
 
 
 
 
 
 
 
Residential mortgage
3,563,683

 
1,813,002

 
567,688

 
52,573

 
5,996,946

Purchased credit-impaired
381

 
777

 
296

 

 
1,454

Total residential mortgage
3,564,064

 
1,813,779

 
567,984

 
52,573

 
5,998,400

Other consumer
 
 
 
 
 
 
 
 
 
Other consumer
233,969

 
269,694

 
49,650

 
9,689

 
563,002

Purchased credit-impaired

 
52

 

 

 
52

Total other consumer
$
233,969

 
$
269,746

 
$
49,650

 
$
9,689

 
$
563,054


(1)
Reflects most recent customer credit scores.
(2)
Reflects deferred fees and costs, loans in process, loans to legal entities, etc.
Summarized data for impaired loans and the related ALLL by portfolio segment
The following tables present the balance of the ALLL attributable to loans by portfolio segment individually and collectively evaluated for impairment and the related loan and lease balance at March 31, 2016 and December 31, 2015:
(dollar amounts in thousands)
Commercial
and
Industrial
 
Commercial
Real Estate
 
Automobile
 
Home
Equity
 
Residential
Mortgage
 
Other
Consumer
 
Total
ALL at March 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
Portion of ALLL balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
Attributable to purchased credit-impaired loans
$
799

 
$

 
$

 
$

 
$

 
$

 
$
799

Attributable to loans individually evaluated for impairment
24,557

 
7,180

 
1,853

 
13,894

 
16,335

 
340

 
64,159

Attributable to loans collectively evaluated for impairment
295,011

 
94,894

 
46,179

 
64,208

 
24,507

 
23,962

 
548,761

Total ALLL balance
$
320,367

 
$
102,074

 
$
48,032

 
$
78,102

 
$
40,842

 
$
24,302

 
$
613,719

Loan and Lease Ending Balances at March 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
 
Portion of loan and lease ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
Attributable to purchased credit-impaired loans
$
14,600

 
$
12,694

 
$

 
$

 
$
1,492

 
$
39

 
$
28,825

Individually evaluated for impairment
587,810

 
139,938

 
33,264

 
251,194

 
357,565

 
4,959

 
1,374,730

Collectively evaluated for impairment
20,651,282

 
5,129,178

 
9,886,657

 
8,171,245

 
5,722,927

 
574,515

 
50,135,804

Total loans and leases evaluated for impairment
$
21,253,692


$
5,281,810


$
9,919,921


$
8,422,439


$
6,081,984


$
579,513


$
51,539,359

(dollar amounts in thousands)
Commercial
and
Industrial
 
Commercial
Real Estate
 
Automobile
 
Home
Equity
 
Residential
Mortgage
 
Other
Consumer
 
Total
ALLL at December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Portion of ALLL balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
Attributable to purchased credit-impaired loans
$
2,602

 
$

 
$

 
$

 
$
127

 
$

 
$
2,729

Attributable to loans individually evaluated for impairment
19,314

 
8,114

 
1,779

 
16,242

 
16,811

 
176

 
62,436

Attributable to loans collectively evaluated for impairment
276,830

 
91,893

 
47,725

 
67,429

 
24,708

 
24,093

 
532,678

Total ALLL balance:
$
298,746

 
$
100,007

 
$
49,504

 
$
83,671

 
$
41,646

 
$
24,269

 
$
597,843

Loan and Lease Ending Balances at December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Portion of loan and lease ending balances:
 
 
 
 
 
 
 
 
 
 
 
 
 
Attributable to purchased credit-impaired loans
$
21,017

 
$
13,758

 
$

 
$

 
$
1,454

 
$
52

 
$
36,281

Individually evaluated for impairment
481,033

 
144,977

 
31,304

 
248,839

 
366,995

 
4,640

 
1,277,788

Collectively evaluated for impairment
20,057,784

 
5,109,916

 
9,449,374

 
8,221,643

 
5,629,951

 
558,362

 
49,027,030

Total loans and leases evaluated for impairment
$
20,559,834

 
$
5,268,651

 
$
9,480,678

 
$
8,470,482

 
$
5,998,400

 
$
563,054

 
$
50,341,099

Detailed impaired loan information by class
The following tables present by class the ending, unpaid principal balance, and the related ALLL, along with the average balance and interest income recognized only for loans and leases individually evaluated for impairment and purchased credit-impaired loans: (1), (2)
 
 
March 31, 2016
 
Three months ended March 31, 2016
(dollar amounts in thousands)
 
Ending
Balance
 
Unpaid
Principal
Balance (5)
 
Related
Allowance
 
Average
Balance
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial:
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
$
40,757

 
$
47,876

 
$

 
$
50,604

 
$
291

Purchased credit-impaired
 

 

 

 

 

Other commercial and industrial
 
240,790

 
243,042

 

 
210,540

 
942

Total commercial and industrial
 
281,547


290,918




261,144


1,233

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
Retail properties
 
31,499

 
32,517

 

 
36,673

 
485

Multi-family
 
20,325

 
20,325

 

 
6,775

 
57

Office
 
16,360

 
30,330

 

 
10,671

 
141

Industrial and warehouse
 

 

 

 
1,143

 
19

Purchased credit-impaired
 
12,694

 
53,108

 

 
13,226

 
867

Other commercial real estate
 
6,479

 
6,645

 

 
3,319

 
47

Total commercial real estate
 
87,357


142,925




71,807


1,616

Residential mortgage:
 
 
 
 
 
 
 
 
 
 
Residential mortgage
 

 

 

 

 

Purchased credit-impaired
 
1,492

 
2,074

 

 
1,473

 
2

Total residential mortgage
 
1,492


2,074




1,473


2

Other consumer
 
 
 
 
 
 
 
 
 
 
Other consumer
 

 

 

 

 

Purchased credit-impaired
 
39

 
96

 

 
45

 
102

Total other consumer
 
$
39


$
96


$


$
45


$
102

 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial: (3)
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
$
66,342

 
$
74,899

 
$
4,086

 
$
57,815

 
$
584

Purchased credit-impaired
 
14,600

 
22,636

 
799

 
17,808

 
997

Other commercial and industrial
 
239,921

 
267,857

 
20,471

 
188,461

 
1,505

Total commercial and industrial
 
320,863

 
365,392

 
25,356

 
264,084

 
3,086

Commercial real estate: (4)
 
 
 
 
 
 
 
 
 
 
Retail properties
 
7,128

 
8,038

 
252

 
8,385

 
84

Multi-family
 
16,284

 
18,663

 
1,441

 
28,461

 
297

Office
 
11,798

 
14,949

 
1,496

 
11,727

 
52

Industrial and warehouse
 
3,108

 
3,642

 
259

 
6,411

 
20

Purchased credit-impaired
 

 

 

 

 

Other commercial real estate
 
26,957

 
30,472

 
3,732

 
24,873

 
305

Total commercial real estate
 
65,275

 
75,764

 
7,180

 
79,857

 
758

Automobile
 
33,264

 
33,962

 
1,853

 
32,284

 
578

Home equity:
 
 
 
 
 
 
 
 
 
 
Secured by first-lien
 
55,830

 
59,880

 
4,294

 
54,251

 
500

Secured by junior-lien
 
195,364

 
226,846

 
9,600

 
195,765

 
2,468

Total home equity
 
251,194

 
286,726

 
13,894

 
250,016

 
2,968

Residential mortgage (6):
 
 
 
 
 
 
 
 
 
 
Residential mortgage
 
357,565

 
399,284

 
16,335

 
362,280

 
3,036

Purchased credit-impaired
 

 

 

 

 

Total residential mortgage
 
357,565

 
399,284

 
16,335

 
362,280

 
3,036

Other consumer:
 
 
 
 
 
 
 
 
 
 
Other consumer
 
4,959

 
4,979

 
340

 
4,799

 
66

Purchased credit-impaired
 

 

 

 

 

Total other consumer
 
$
4,959

 
$
4,979

 
$
340

 
$
4,799

 
$
66


 
 
December 31, 2015
 
Three months ended
March 31, 2015
(dollar amounts in thousands)
 
Ending
Balance
 
Unpaid
Principal
Balance (5)
 
Related
Allowance
 
Average
Balance
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial:
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
$
57,832

 
$
65,812

 
$

 
$
12,264

 
$
74

Purchased credit-impaired
 

 

 

 

 

Other commercial and industrial
 
197,969

 
213,739

 

 
41,552

 
338

Total commercial and industrial
 
255,801


279,551




53,816


412

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
Retail properties
 
42,009

 
54,021

 

 
57,556

 
496

Multi-family
 

 

 

 

 

Office
 
9,030

 
12,919

 

 
1,680

 
31

Industrial and warehouse
 
1,720

 
1,741

 

 
526

 
7

Purchased credit-impaired
 
13,758

 
55,358

 

 
36,857

 
1,925

Other commercial real estate
 
1,743

 
1,775

 

 
4,354

 
46

Total commercial real estate
 
68,260


125,814




100,973


2,505

Other consumer
 

 

 

 

 

Purchased credit-impaired
 
52

 
101

 

 

 

Total other consumer
 
$
52


$
101


$


$


$

 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial: (3)
 
 
 
 
 
 
 
 
 
 
Owner occupied
 
$
54,092

 
$
62,527

 
$
4,171

 
$
50,705

 
$
440

Purchased credit-impaired
 
21,017

 
30,676

 
2,602

 
22,303

 
1,164

Other commercial and industrial
 
171,140

 
181,000

 
15,143

 
148,098

 
1,036

Total commercial and industrial
 
246,249

 
274,203

 
21,916

 
221,106

 
2,640

Commercial real estate: (4)
 
 
 
 
 
 
 
 
 
 
Retail properties
 
9,096

 
11,121

 
1,190

 
40,572

 
363

Multi-family
 
34,349

 
37,208

 
1,593

 
15,625

 
170

Office
 
14,365

 
17,350

 
1,177

 
50,628

 
563

Industrial and warehouse
 
9,721

 
10,550

 
1,540

 
7,949

 
82

Purchased credit-impaired
 

 

 

 

 

Other commercial real estate
 
22,944

 
28,701

 
2,614

 
29,605

 
354

Total commercial real estate
 
90,475

 
104,930

 
8,114

 
144,379

 
1,532

Automobile
 
31,304

 
31,878

 
1,779

 
30,385

 
561

Home equity:
 
 
 
 
 
 
 
 
 
 
Secured by first-lien
 
52,672

 
57,224

 
4,359

 
146,545

 
1,584

Secured by junior-lien
 
196,167

 
227,733

 
11,883

 
170,386

 
1,985

Total home equity
 
248,839

 
284,957

 
16,242

 
316,931

 
3,569

Residential mortgage (6):
 
 
 
 
 
 
 
 
 
 
Residential mortgage
 
366,995

 
408,925

 
16,811

 
371,643

 
3,122

Purchased credit-impaired
 
1,454

 
2,189

 
127

 
2,040

 
3

Total residential mortgage
 
368,449

 
411,114

 
16,938

 
373,683

 
3,125

Other consumer:
 
 
 
 
 
 
 
 
 
 
Other consumer
 
4,640

 
4,649

 
176

 
4,566

 
62

Purchased credit-impaired
 

 

 

 
51

 
118

Total other consumer
 
$
4,640

 
$
4,649

 
$
176

 
$
4,617

 
$
180

(1)
These tables do not include loans fully charged-off.
(2)
All automobile, home equity, residential mortgage, and other consumer impaired loans included in these tables are considered impaired due to their status as a TDR.
(3)
At March 31, 2016, $92 million of the $321 million commercial and industrial loans with an allowance recorded were considered impaired due to their status as a TDR. At December 31, 2015, $91 million of the $246 million commercial and industrial loans with an allowance recorded were considered impaired due to their status as a TDR.
(4)
At March 31, 2016, $30 million of the $65 million commercial real estate loans with an allowance recorded were considered impaired due to their status as a TDR. At December 31, 2015, $35 million of the $90 million commercial real estate loans with an allowance recorded were considered impaired due to their status as a TDR.
(5)
The differences between the ending balance and unpaid principal balance amounts represent partial charge-offs.
(6)
At March 31, 2016, $29 million of the $358 million residential mortgages loans with an allowance recorded were guaranteed by the U.S. government. At December 31, 2015, $29 million of the $368 million residential mortgage loans with an allowance recorded were guaranteed by the U.S. government.
Detailed troubled debt restructuring information by class
The following tables present by class and by the reason for the modification, the number of contracts, post-modification outstanding balance, and the financial effects of the modification for the three-month periods ended March 31, 2016 an 2015:
 
 
 
 
 
 
 
 
 
 
 
 




 
 
 
 
 
 
 
 
 
 
 
 
 
New Troubled Debt Restructurings During The Three-Month Period Ended (1)
 
March 31, 2016
 
March 31, 2015
(dollar amounts in thousands)
Number of
Contracts
 
Post-modification
Outstanding
Ending Balance
 
Financial effects
of modification (2)
 
Number of
Contracts
 
Post-modification
Outstanding
Ending Balance
 
Financial effects
of modification (2)
C&I—Owner occupied:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
1

 
$
17

 
$
(1
)
 
1

 
$
46

 
$
(1
)
Amortization or maturity date change
52

 
36,509

 
480

 
46

 
10,461

 
(174
)
Other
2

 
223

 
(17
)
 
3

 
613

 
(29
)
Total C&I—Owner occupied
55

 
36,749

 
462

 
50

 
11,120

 
(204
)
C&I—Other commercial and industrial:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 
1

 
30

 

Amortization or maturity date change
132

 
86,149

 
92

 
117

 
80,376

 
814

Other
6

 
635

 
13

 
5

 
28,388

 
(430
)
Total C&I—Other commercial and industrial
138

 
86,784

 
105

 
123

 
108,794

 
384

CRE—Retail properties:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 
1

 
1,657

 
(11
)
Amortization or maturity date change
4

 
523

 
(38
)
 
11

 
4,577

 
(199
)
Other

 

 

 

 

 

Total CRE—Retail properties
4

 
523

 
(38
)
 
12

 
6,234

 
(210
)
CRE—Multi family:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 

 

 

Amortization or maturity date change
9

 
22,509

 
(105
)
 
19

 
5,045

 
(1
)
Other

 

 

 

 

 

Total CRE—Multi family
9

 
22,509

 
(105
)
 
19

 
5,045

 
(1
)
CRE—Office:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 

 

 

Amortization or maturity date change
6

 
8,361

 
431

 
5

 
26,085

 
(31
)
Other
1

 
139

 
(19
)
 

 

 

Total CRE—Office
7

 
8,500

 
412

 
5

 
26,085

 
(31
)
CRE—Industrial and warehouse:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 

 

 

Amortization or maturity date change
2

 
372

 
(879
)
 
1

 
226

 

Other

 

 

 

 

 

Total CRE—Industrial and Warehouse
2

 
372

 
(879
)
 
1

 
226

 

CRE—Other commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 

 

 

Amortization or maturity date change
3

 
2,030

 
32

 
7

 
3,659

 
10

Other
1

 
124

 
35

 
1

 
152

 

Total CRE—Other commercial real estate
4

 
2,154

 
67

 
8

 
3,811

 
10

Automobile:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
4

 
42

 
2

 
13

 
19

 
1

Amortization or maturity date change
421

 
3,901

 
220

 
496

 
3,352

 
158

Chapter 7 bankruptcy
317

 
2,562

 
115

 
144

 
1,223

 
100

Other

 

 

 

 

 

Total Automobile
742

 
6,505

 
337

 
653

 
4,594

 
259

Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
5

 
657

 
(32
)
 
5

 
476

 
(4
)
Amortization or maturity date change
92

 
10,759

 
(577
)
 
123

 
13,858

 
(121
)
Chapter 7 bankruptcy
17

 
1,505

 
70

 
34

 
4,176

 
(124
)
Other

 

 

 
6

 
708

 

Total Residential mortgage
114

 
12,921

 
(539
)
 
168

 
19,218

 
(249
)
First-lien home equity:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
12

 
971

 
33

 
10

 
1,419

 
26

Amortization or maturity date change
25

 
2,050

 
(28
)
 
49

 
3,611

 
(303
)
Chapter 7 bankruptcy
39

 
2,866

 
122

 
26

 
1,585

 
80

Other

 

 

 

 

 

Total First-lien home equity
76

 
5,887

 
127

 
85

 
6,615

 
(197
)
Junior-lien home equity:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
8

 
413

 
34

 
4

 
251

 
15

Amortization or maturity date change
204

 
9,840

 
(1,254
)
 
347

 
16,507

 
(2,936
)
Chapter 7 bankruptcy
60

 
731

 
611

 
51

 
775

 
887

Other

 

 

 

 

 

Total Junior-lien home equity
272

 
10,984

 
(609
)
 
402

 
17,533

 
(2,034
)
Other consumer:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 

 

 

Amortization or maturity date change
4

 
555

 
24

 
4

 
95

 
4

Chapter 7 bankruptcy
7

 
66

 
7

 
2

 
6

 
1

Other

 

 

 

 

 

Total Other consumer
11

 
621

 
31

 
6

 
101

 
5

Total new troubled debt restructurings
1,434

 
$
194,509

 
$
(629
)
 
1,532

 
$
209,376

 
$
(2,268
)
(1)
TDRs may include multiple concessions and the disclosure classifications are based on the primary concession provided to the borrower.
(2)
Amount represents the financial impact via provision for loan and lease losses as a result of the modification.