|
Loans and Leases and Allowance for Credit Losses (Tables)
|
3 Months Ended |
|
Mar. 31, 2014
|
| Loans / Leases and Allowance for Credit Losses [Abstract] |
|
| Loan and Lease Portfolio |
The following table provides a detailed listing of Huntington's loan and lease portfolio at March 31, 2014 and December 31, 2013:
| |
|
|
|
|
March 31, |
|
|
December 31, |
| (dollar amounts in thousands) |
|
2014 |
|
|
2013 |
| |
|
|
|
|
|
|
|
|
| Loans and leases: |
|
|
|
|
|
| |
|
Commercial and industrial |
$ |
18,045,856 |
|
$ |
17,594,276 |
| |
|
Commercial real estate |
|
5,031,778 |
|
|
4,850,094 |
| |
|
Automobile |
|
6,998,792 |
|
|
6,638,713 |
| |
|
Home equity |
|
8,373,382 |
|
|
8,336,318 |
| |
|
Residential mortgage |
|
5,542,166 |
|
|
5,321,088 |
| |
|
Other consumer |
|
361,934 |
|
|
380,011 |
| |
Loans and leases |
|
44,353,908 |
|
|
43,120,500 |
| |
Allowance for loan and lease losses |
|
(631,918) |
|
|
(647,870) |
| Net loans and leases |
$ |
43,721,990 |
|
$ |
42,472,630 |
|
| Loans acquired with deteriorated credit quality |
| |
|
March 1, |
| (dollar amounts in thousands) |
|
2014 |
| Contractually required payments including interest |
$ |
14,363 |
| Less: nonaccretable difference |
|
(11,234) |
| Cash flows expected to be collected |
|
3,129 |
| Less: accretable yield |
|
(143) |
| Fair value of loans acquired |
$ |
2,986 |
The following table presents a rollforward of the accretable yield for purchased credit impaired loans by acquisition for three-month periods ended March 31, 2014 and 2013:
| |
|
|
|
|
|
|
| |
|
Three Months Ended March 31, |
| (dollar amounts in thousands) |
|
2014 |
|
2013 |
| |
|
|
|
|
|
|
| Camco Financial |
|
|
|
|
|
|
| Balance, beginning of period |
|
$ |
--- |
|
$ |
--- |
| Impact of acquisition/purchase on March 1, 2014 |
|
|
143 |
|
|
--- |
| Additions |
|
|
--- |
|
|
--- |
| Accretion |
|
|
(9) |
|
|
--- |
| Reclassification from nonaccretable difference |
|
|
--- |
|
|
--- |
| Balance, end of period |
|
$ |
134 |
|
$ |
--- |
| |
|
|
|
|
|
|
| Fidelity Bank |
|
|
|
|
|
|
| Balance, beginning of period |
|
$ |
27,995 |
|
$ |
23,251 |
| Additions |
|
|
--- |
|
|
--- |
| Accretion |
|
|
(4,004) |
|
|
(3,319) |
| Reclassification from nonaccretable difference |
|
|
767 |
|
|
15,228 |
| Balance, end of period |
|
$ |
24,758 |
|
$ |
35,160 |
| |
|
|
|
|
|
| |
March 31, 2014 |
|
December 31, 2013 |
| (dollar amounts in thousands) |
|
Ending Balance |
|
|
Unpaid Balance |
|
|
Ending Balance |
|
|
Unpaid Balance |
| |
|
|
|
|
|
|
|
|
|
|
|
| Camco Financial |
|
|
|
|
|
|
|
|
|
|
|
| Commercial and industrial |
$ |
709 |
|
$ |
1,717 |
|
$ |
--- |
|
$ |
--- |
| Commercial real estate |
|
2,286 |
|
|
11,820 |
|
|
--- |
|
|
--- |
| Total |
$ |
2,995 |
|
$ |
13,537 |
|
$ |
--- |
|
$ |
--- |
| |
|
|
|
|
|
|
|
|
|
|
|
| Fidelity Bank |
|
|
|
|
|
|
|
|
|
|
|
| Commercial and industrial |
$ |
35,688 |
|
$ |
50,876 |
|
$ |
35,526 |
|
$ |
50,798 |
| Commercial real estate |
|
74,434 |
|
|
144,676 |
|
|
82,073 |
|
|
154,869 |
| Residential mortgage |
|
2,258 |
|
|
3,197 |
|
|
2,498 |
|
|
3,681 |
| Other consumer |
|
128 |
|
|
213 |
|
|
129 |
|
|
219 |
| Total |
$ |
112,508 |
|
$ |
198,962 |
|
$ |
120,226 |
|
$ |
209,567 |
|
| Loan Purchases and Sales |
| |
|
|
Commercial and Industrial |
Commercial Real Estate |
Automobile |
Home Equity |
Residential Mortgage |
Other Consumer |
Total |
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(dollar amounts in thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Portfolio loans and leases purchased during the: |
| |
|
Three-month period ended March 31, 2014 |
$ |
40,121 |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
40,121 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three-month period ended March 31, 2013 |
$ |
21,541 |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
21,541 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Portfolio loans and leases sold or transferred to loans held for sale during the: |
| |
|
Three-month period ended March 31, 2014 |
$ |
54,258 |
$ |
39 |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
54,297 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three-month period ended March 31, 2013 |
$ |
27,602 |
$ |
3,903 |
$ |
--- |
$ |
--- |
$ |
4,391 |
$ |
--- |
$ |
35,896 |
|
| NALs and Past Due Loans |
The following table presents NALs by loan class at March 31, 2014 and December 31, 2013:
| |
|
2014 |
|
2013 |
| (dollar amounts in thousands) |
March 31, |
|
December 31, |
| |
|
|
|
|
|
|
| Commercial and industrial: |
|
|
|
|
|
| |
Owner occupied |
$ |
35,971 |
|
$ |
38,321 |
| |
Other commercial and industrial |
|
21,082 |
|
|
18,294 |
| Total commercial and industrial |
$ |
57,053 |
|
$ |
56,615 |
| |
|
|
|
|
|
|
| Commercial real estate: |
|
|
|
|
|
| |
Retail properties |
$ |
29,638 |
|
$ |
27,328 |
| |
Multi family |
|
12,884 |
|
|
9,289 |
| |
Office |
|
13,130 |
|
|
18,995 |
| |
Industrial and warehouse |
|
4,063 |
|
|
6,310 |
| |
Other commercial real estate |
|
11,629 |
|
|
11,495 |
| Total commercial real estate |
$ |
71,344 |
|
$ |
73,417 |
| |
|
|
|
|
|
|
| Automobile |
$ |
6,218 |
|
$ |
6,303 |
| |
|
|
|
|
|
|
| Home equity: |
|
|
|
|
|
| |
Secured by first-lien |
$ |
39,267 |
|
$ |
36,288 |
| |
Secured by junior-lien |
|
31,595 |
|
|
29,901 |
| Total home equity |
$ |
70,862 |
|
$ |
66,189 |
| |
|
|
|
|
|
|
| Residential mortgage: |
|
|
|
|
|
| Residential mortgage |
$ |
121,681 |
|
$ |
119,532 |
| Total residential mortgages |
$ |
121,681 |
|
$ |
119,532 |
| |
|
|
|
|
|
|
| Other consumer |
|
|
|
|
|
| Other consumer |
$ |
--- |
|
$ |
--- |
| Total nonaccrual loans |
$ |
327,158 |
|
$ |
322,056 |
| |
|
|
|
|
|
|
|
| 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, 2014 and December 31, 2013: (1)
|
March 31, 2014
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
90 or more
|
| (dollar amounts in thousands) |
Past Due |
|
|
|
Total Loans |
|
days past due
|
| |
30-59 Days |
60-89 Days |
90 or more days |
Total |
|
Current |
and Leases |
|
and accruing
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Owner occupied |
$ |
11,167 |
$ |
1,355 |
$ |
24,523 |
$ |
37,045 |
|
$ |
4,364,856 |
$ |
4,401,901 |
|
$ |
---
|
| |
Purchased credit-impaired |
|
2,799 |
|
163 |
|
11,554 |
|
14,516 |
|
|
21,881 |
|
36,397 |
|
|
11,554
|
| |
Other commercial and industrial |
|
21,666 |
|
1,487 |
|
12,266 |
|
35,419 |
|
|
13,572,139 |
|
13,607,558 |
|
|
---
|
| Total commercial and industrial |
$ |
35,632 |
$ |
3,005 |
$ |
48,343 |
$ |
86,980 |
|
$ |
17,958,876 |
$ |
18,045,856 |
|
$ |
11,554(2)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Commercial real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Retail properties |
$ |
2,317 |
$ |
2,523 |
$ |
8,098 |
$ |
12,938 |
|
$ |
1,402,485 |
$ |
1,415,423 |
|
$ |
---
|
| |
Multi family |
|
2,509 |
|
3,977 |
|
6,464 |
|
12,950 |
|
|
1,039,757 |
|
1,052,707 |
|
|
---
|
| |
Office |
|
2,532 |
|
62 |
|
5,801 |
|
8,395 |
|
|
944,575 |
|
952,970 |
|
|
---
|
| |
Industrial and warehouse |
|
211 |
|
225 |
|
1,012 |
|
1,448 |
|
|
486,567 |
|
488,015 |
|
|
---
|
| |
Purchased credit-impaired |
|
1,817 |
|
2,231 |
|
36,711 |
|
40,759 |
|
|
35,961 |
|
76,720 |
|
|
36,711
|
| |
Other commercial real estate |
|
6,247 |
|
331 |
|
6,584 |
|
13,162 |
|
|
1,032,781 |
|
1,045,943 |
|
|
---
|
| Total commercial real estate |
$ |
15,633 |
$ |
9,349 |
$ |
64,670 |
$ |
89,652 |
|
$ |
4,942,126 |
$ |
5,031,778 |
|
$ |
36,711(2)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Automobile |
$ |
34,281 |
$ |
5,993 |
$ |
4,347 |
$ |
44,621 |
|
$ |
6,954,171 |
$ |
6,998,792 |
|
$ |
4,252
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Home equity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Secured by first-lien |
$ |
16,346 |
$ |
8,098 |
$ |
32,357 |
$ |
56,801 |
|
$ |
4,829,556 |
$ |
4,886,357 |
|
$ |
7,778
|
| |
Secured by junior-lien |
|
31,693 |
|
13,261 |
|
31,969 |
|
76,923 |
|
|
3,410,102 |
|
3,487,025 |
|
|
7,716
|
| Total home equity |
$ |
48,039 |
$ |
21,359 |
$ |
64,326 |
$ |
133,724 |
|
$ |
8,239,658 |
$ |
8,373,382 |
|
$ |
15,494
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Residential mortgage: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Residential mortgage |
$ |
107,113 |
$ |
45,789 |
$ |
154,607 |
$ |
307,509 |
|
$ |
5,232,399 |
$ |
5,539,908 |
|
$ |
85,901(3)
|
| |
Purchased credit-impaired |
|
125 |
|
--- |
|
117 |
|
242 |
|
|
2,016 |
|
2,258 |
|
|
117
|
| Total residential mortgage |
$ |
107,238 |
$ |
45,789 |
$ |
154,724 |
$ |
307,751 |
|
$ |
5,234,415 |
$ |
5,542,166 |
|
$ |
86,018
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other consumer: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Other consumer |
$ |
4,757 |
$ |
793 |
$ |
867 |
$ |
6,417 |
|
$ |
355,389 |
$ |
361,806 |
|
$ |
867
|
| |
Purchased credit-impaired |
|
69 |
|
--- |
|
--- |
|
69 |
|
|
59 |
|
128 |
|
|
---
|
| Total other consumer |
$ |
4,826 |
$ |
793 |
$ |
867 |
$ |
6,486 |
|
$ |
355,448 |
$ |
361,934 |
|
$ |
867
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total loans and leases |
$ |
245,649 |
$ |
86,288 |
$ |
337,277 |
$ |
669,214 |
|
$ |
43,684,694 |
$ |
44,353,908 |
|
$ |
154,896
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2013
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
90 or more
|
| (dollar amounts in thousands) |
Past Due |
|
|
|
Total Loans |
|
days past due
|
| |
30-59 Days |
60-89 Days |
90 or more days |
Total |
|
Current |
and Leases |
|
and accruing
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Owner occupied |
$ |
5,935 |
$ |
1,879 |
$ |
25,658 |
$ |
33,472 |
|
$ |
4,314,400 |
$ |
4,347,872 |
|
$ |
---
|
| |
Purchased credit-impaired |
|
241 |
|
433 |
|
14,562 |
|
15,236 |
|
|
20,290 |
|
35,526 |
|
|
14,562
|
| |
Other commercial and industrial |
|
10,342 |
|
3,075 |
|
11,210 |
|
24,627 |
|
|
13,186,251 |
|
13,210,878 |
|
|
---
|
| Total commercial and industrial |
$ |
16,518 |
$ |
5,387 |
$ |
51,430 |
$ |
73,335 |
|
$ |
17,520,941 |
$ |
17,594,276 |
|
$ |
14,562(2)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Commercial real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Retail properties |
$ |
19,372 |
$ |
1,228 |
$ |
5,252 |
$ |
25,852 |
|
$ |
1,237,717 |
$ |
1,263,569 |
|
$ |
---
|
| |
Multi family |
|
2,425 |
|
943 |
|
6,726 |
|
10,094 |
|
|
1,015,497 |
|
1,025,591 |
|
|
---
|
| |
Office |
|
1,635 |
|
545 |
|
12,700 |
|
14,880 |
|
|
927,413 |
|
942,293 |
|
|
---
|
| |
Industrial and warehouse |
|
465 |
|
3,714 |
|
4,395 |
|
8,574 |
|
|
464,319 |
|
472,893 |
|
|
---
|
| |
Purchased credit-impaired |
|
1,311 |
|
--- |
|
39,142 |
|
40,453 |
|
|
41,620 |
|
82,073 |
|
|
39,142
|
| |
Other commercial real estate |
|
5,922 |
|
1,134 |
|
7,192 |
|
14,248 |
|
|
1,049,427 |
|
1,063,675 |
|
|
---
|
| Total commercial real estate |
$ |
31,130 |
$ |
7,564 |
$ |
75,407 |
$ |
114,101 |
|
$ |
4,735,993 |
$ |
4,850,094 |
|
$ |
39,142(2)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Automobile |
$ |
45,174 |
$ |
8,863 |
$ |
5,140 |
$ |
59,177 |
|
$ |
6,579,536 |
$ |
6,638,713 |
|
$ |
5,055
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Home equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Secured by first-lien |
$ |
20,551 |
$ |
8,746 |
$ |
28,472 |
$ |
57,769 |
|
$ |
4,784,375 |
$ |
4,842,144 |
|
$ |
6,338
|
| |
Secured by junior-lien |
|
28,965 |
|
13,071 |
|
31,392 |
|
73,428 |
|
|
3,420,746 |
|
3,494,174 |
|
|
7,645
|
| Total home equity |
$ |
49,516 |
$ |
21,817 |
$ |
59,864 |
$ |
131,197 |
|
$ |
8,205,121 |
$ |
8,336,318 |
|
$ |
13,983
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Residential mortgage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Residential mortgage |
$ |
101,584 |
$ |
41,784 |
$ |
158,956 |
$ |
302,324 |
|
$ |
5,016,266 |
$ |
5,318,590 |
|
$ |
90,115(4)
|
| |
Purchased credit-impaired |
|
194 |
|
--- |
|
339 |
|
533 |
|
|
1,965 |
|
2,498 |
|
|
339
|
| Total residential mortgage |
$ |
101,778 |
$ |
41,784 |
$ |
159,295 |
$ |
302,857 |
|
$ |
5,018,231 |
$ |
5,321,088 |
|
$ |
90,454
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other consumer |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Other consumer |
$ |
6,465 |
$ |
1,276 |
$ |
998 |
$ |
8,739 |
|
$ |
371,143 |
$ |
379,882 |
|
$ |
998
|
| |
Purchased credit-impaired |
|
69 |
|
--- |
|
--- |
|
69 |
|
|
60 |
|
129 |
|
|
---
|
| Total other consumer |
$ |
6,534 |
$ |
1,276 |
$ |
998 |
$ |
8,808 |
|
$ |
371,203 |
$ |
380,011 |
|
$ |
998
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total loans and leases |
$ |
250,650 |
$ |
86,691 |
$ |
352,134 |
$ |
689,475 |
|
$ |
42,431,025 |
$ |
43,120,500 |
|
$ |
164,194
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (1) |
NALs are included in this aging analysis based on the loan's past due status.
|
| (2) |
All 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) |
Includes $56,484 thousand guaranteed by the U.S. government.
|
| (4) |
Includes $87,985 thousand 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, 2014 and 2013:
| |
|
|
Commercial |
Commercial |
|
Home |
Residential |
Other |
|
|
| |
and Industrial |
Real Estate |
Automobile |
Equity |
Mortgage |
Consumer |
Total |
| (dollar amounts in thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Three-month period ended March 31, 2014: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
ALLL balance, beginning of period |
$ |
265,801 |
$ |
162,557 |
$ |
31,053 |
$ |
111,131 |
$ |
39,577 |
$ |
37,751 |
$ |
647,870 |
| |
|
Loan charge-offs |
|
(16,337) |
|
(10,110) |
|
(8,044) |
|
(21,059) |
|
(8,986) |
|
(8,475) |
|
(73,011) |
| |
|
Recoveries of loans previously charged-off |
|
7,731 |
|
11,097 |
|
3,402 |
|
5,372 |
|
1,127 |
|
1,296 |
|
30,025 |
| |
|
Provision for loan and lease losses |
|
9,784 |
|
(3,238) |
|
(1,233) |
|
17,733 |
|
7,350 |
|
(2,235) |
|
28,161 |
| |
|
Allowance for loans sold or transferred to loans held for sale |
|
--- |
|
--- |
|
--- |
|
--- |
|
--- |
|
(1,127) |
|
(1,127) |
| |
ALLL balance, end of period |
$ |
266,979 |
$ |
160,306 |
$ |
25,178 |
$ |
113,177 |
$ |
39,068 |
$ |
27,210 |
$ |
631,918 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
AULC balance, beginning of period |
$ |
49,596 |
$ |
9,891 |
$ |
--- |
$ |
1,763 |
$ |
9 |
$ |
1,640 |
$ |
62,899 |
| |
|
Provision for unfunded loan commitments and letters of credit |
|
(3,280) |
|
(764) |
|
--- |
|
28 |
|
(1) |
|
486 |
|
(3,531) |
| |
AULC balance, end of period |
$ |
46,316 |
$ |
9,127 |
$ |
--- |
$ |
1,791 |
$ |
8 |
$ |
2,126 |
$ |
59,368 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
ACL balance, end of period |
$ |
313,295 |
$ |
169,433 |
$ |
25,178 |
$ |
114,968 |
$ |
39,076 |
$ |
29,336 |
$ |
691,286 |
| |
|
|
Commercial |
Commercial |
|
Home |
Residential |
Other |
|
|
| |
and Industrial |
Real Estate |
Automobile |
Equity |
Mortgage |
Consumer |
Total |
| (dollar amounts in thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Three-month period ended March 31, 2013: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
ALLL balance, beginning of period |
$ |
241,051 |
$ |
285,369 |
$ |
34,979 |
$ |
118,764 |
$ |
61,658 |
$ |
27,254 |
$ |
769,075 |
| |
|
Loan charge-offs |
|
(13,013) |
|
(22,368) |
|
(5,688) |
|
(26,531) |
|
(7,901) |
|
(8,641) |
|
(84,142) |
| |
|
Recoveries of loans previously charged-off |
|
9,696 |
|
9,590 |
|
3,094 |
|
6,549 |
|
1,753 |
|
1,773 |
|
32,455 |
| |
|
Provision for loan and lease losses |
|
364 |
|
(5,155) |
|
3,588 |
|
17,076 |
|
7,559 |
|
5,956 |
|
29,388 |
| |
|
Allowance for loans sold or transferred to loans held for sale |
|
--- |
|
--- |
|
--- |
|
--- |
|
(7) |
|
--- |
|
(7) |
| |
ALLL balance, end of period |
$ |
238,098 |
$ |
267,436 |
$ |
35,973 |
$ |
115,858 |
$ |
63,062 |
$ |
26,342 |
$ |
746,769 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
AULC balance, beginning of period |
$ |
33,868 |
$ |
4,740 |
$ |
--- |
$ |
1,356 |
$ |
3 |
$ |
684 |
$ |
40,651 |
| |
|
Provision for unfunded loan commitments and letters of credit |
|
(33) |
|
(336) |
|
--- |
|
556 |
|
3 |
|
14 |
|
204 |
| |
AULC balance, end of period |
$ |
33,835 |
$ |
4,404 |
$ |
--- |
$ |
1,912 |
$ |
6 |
$ |
698 |
$ |
40,855 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
ACL balance, end of period |
$ |
271,933 |
$ |
271,840 |
$ |
35,973 |
$ |
117,770 |
$ |
63,068 |
$ |
27,040 |
$ |
787,624 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan and lease balances by credit quality indicator |
The following table presents each loan and lease class by credit quality indicator at March 31, 2014 and December 31, 2013:
| |
|
March 31, 2014 |
|
| |
Credit Risk Profile by UCS classification |
|
| (dollar amounts in thousands) |
Pass |
OLEM |
Substandard |
Doubtful |
Total |
|
| Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
| |
Owner occupied |
$ |
4,118,040 |
$ |
107,617 |
$ |
170,600 |
$ |
5,644 |
$ |
4,401,901 |
|
| |
Purchased credit-impaired |
|
4,933 |
|
642 |
|
27,420 |
|
3,402 |
|
36,397 |
|
| |
Other commercial and industrial |
|
13,045,701 |
|
216,139 |
|
341,836 |
|
3,882 |
|
13,607,558 |
|
| Total commercial and industrial |
$ |
17,168,674 |
$ |
324,398 |
$ |
539,856 |
$ |
12,928 |
$ |
18,045,856 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Commercial real estate: |
|
|
|
|
|
|
|
|
|
|
|
| |
Retail properties |
$ |
1,310,593 |
$ |
13,185 |
$ |
91,455 |
$ |
190 |
$ |
1,415,423 |
|
| |
Multi family |
|
987,389 |
|
23,051 |
|
42,150 |
|
117 |
|
1,052,707 |
|
| |
Office |
|
849,428 |
|
6,137 |
|
95,257 |
|
2,148 |
|
952,970 |
|
| |
Industrial and warehouse |
|
447,762 |
|
14,368 |
|
25,885 |
|
--- |
|
488,015 |
|
| |
Purchased credit-impaired |
|
8,378 |
|
1,088 |
|
64,561 |
|
2,693 |
|
76,720 |
|
| |
Other commercial real estate |
|
960,169 |
|
15,491 |
|
69,695 |
|
588 |
|
1,045,943 |
|
| Total commercial real estate |
$ |
4,563,719 |
$ |
73,320 |
$ |
389,003 |
$ |
5,736 |
$ |
5,031,778 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Credit Risk Profile by FICO score (1) |
|
| |
|
750+ |
650-749 |
<650 |
Other (2) |
Total |
|
| Automobile |
$ |
3,186,518 |
$ |
2,664,896 |
$ |
948,010 |
$ |
199,368 |
$ |
6,998,792 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Home equity: |
|
|
|
|
|
|
|
|
|
|
|
| |
Secured by first-lien |
$ |
3,047,848 |
$ |
1,412,622 |
$ |
285,738 |
$ |
140,149 |
$ |
4,886,357 |
|
| |
Secured by junior-lien |
|
1,802,250 |
|
1,169,131 |
|
413,056 |
|
102,588 |
|
3,487,025 |
|
| Total home equity |
$ |
4,850,098 |
$ |
2,581,753 |
$ |
698,794 |
$ |
242,737 |
$ |
8,373,382 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Residential mortgage: |
|
|
|
|
|
|
|
|
|
|
|
| |
Residential mortgage |
$ |
2,999,267 |
$ |
1,781,821 |
$ |
701,108 |
$ |
57,712 |
$ |
5,539,908 |
|
| |
Purchased credit-impaired |
|
630 |
|
1,034 |
|
594 |
|
--- |
|
2,258 |
|
| Total residential mortgage |
$ |
2,999,897 |
$ |
1,782,855 |
$ |
701,702 |
$ |
57,712 |
$ |
5,542,166 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Other consumer: |
|
|
|
|
|
|
|
|
|
|
|
| |
Other consumer |
$ |
159,113 |
$ |
161,376 |
$ |
41,007 |
$ |
310 |
$ |
361,806 |
|
| |
Purchased credit-impaired |
|
--- |
|
59 |
|
69 |
|
--- |
|
128 |
|
| Total other consumer |
$ |
159,113 |
$ |
161,435 |
$ |
41,076 |
$ |
310 |
$ |
361,934 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 31, 2013 |
|
| |
Credit Risk Profile by UCS classification |
|
| (dollar amounts in thousands) |
Pass |
OLEM |
Substandard |
Doubtful |
Total |
|
| Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
| |
Owner occupied |
$ |
4,052,579 |
$ |
130,645 |
$ |
155,994 |
$ |
8,654 |
$ |
4,347,872 |
|
| |
Purchased credit-impaired |
|
5,015 |
|
661 |
|
27,693 |
|
2,157 |
|
35,526 |
|
| |
Other commercial and industrial |
|
12,630,512 |
|
211,860 |
|
364,343 |
|
4,163 |
|
13,210,878 |
|
| Total commercial and industrial |
$ |
16,688,106 |
$ |
343,166 |
$ |
548,030 |
$ |
14,974 |
$ |
17,594,276 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Commercial real estate: |
|
|
|
|
|
|
|
|
|
|
|
| |
Retail properties |
$ |
1,153,747 |
$ |
16,003 |
$ |
93,819 |
$ |
--- |
$ |
1,263,569 |
|
| |
Multi family |
|
972,526 |
|
16,540 |
|
36,411 |
|
114 |
|
1,025,591 |
|
| |
Office |
|
847,411 |
|
4,866 |
|
87,722 |
|
2,294 |
|
942,293 |
|
| |
Industrial and warehouse |
|
431,057 |
|
14,138 |
|
27,698 |
|
--- |
|
472,893 |
|
| |
Purchased credit-impaired |
|
13,127 |
|
3,586 |
|
62,577 |
|
2,783 |
|
82,073 |
|
| |
Other commercial real estate |
|
977,987 |
|
16,270 |
|
68,653 |
|
765 |
|
1,063,675 |
|
| Total commercial real estate |
$ |
4,395,855 |
$ |
71,403 |
$ |
376,880 |
$ |
5,956 |
$ |
4,850,094 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Credit Risk Profile by FICO score (1) |
|
| |
|
750+ |
650-749 |
<650 |
Other (2) |
Total |
|
| Automobile |
$ |
2,987,323 |
$ |
2,517,756 |
$ |
945,604 |
$ |
188,030 |
$ |
6,638,713 |
(3) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Home equity: |
|
|
|
|
|
|
|
|
|
|
|
| |
Secured by first-lien |
$ |
3,018,784 |
$ |
1,412,445 |
$ |
299,681 |
$ |
111,234 |
$ |
4,842,144 |
|
| |
Secured by junior-lien |
|
1,811,102 |
|
1,213,024 |
|
413,695 |
|
56,353 |
|
3,494,174 |
|
| Total home equity |
$ |
4,829,886 |
$ |
2,625,469 |
$ |
713,376 |
$ |
167,587 |
$ |
8,336,318 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Residential mortgage |
|
|
|
|
|
|
|
|
|
|
|
| |
Residential mortgage |
$ |
2,837,590 |
$ |
1,710,183 |
$ |
699,541 |
$ |
71,276 |
$ |
5,318,590 |
|
| |
Purchased credit-impaired |
|
588 |
|
989 |
|
921 |
|
--- |
|
2,498 |
|
| Total residential mortgage |
$ |
2,838,178 |
$ |
1,711,172 |
$ |
700,462 |
$ |
71,276 |
$ |
5,321,088 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Other consumer |
|
|
|
|
|
|
|
|
|
|
|
| |
Other consumer |
$ |
161,858 |
$ |
157,675 |
$ |
45,370 |
$ |
14,979 |
$ |
379,882 |
|
| |
Purchased credit-impaired |
|
--- |
|
60 |
|
69 |
|
--- |
|
129 |
|
| Total other consumer |
$ |
161,858 |
$ |
157,735 |
$ |
45,439 |
$ |
14,979 |
$ |
380,011 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| (1) |
Reflects currently updated customer credit scores. |
|
| (2) |
Reflects deferred fees and costs, loans in process, loans to legal entities, etc. |
|
| (3) |
Included $0.3 billion of loans reflected as loans held for sale related to an automobile securitization expected to be completed in 2013. During the 2013 second quarter, this amount was transferred from loans held for sale to the automobile portfolio based on Management's intent and ability to hold these loans for the foreseeable future. |
|
|
| 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, 2014 and December 31, 2013:
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Commercial |
Commercial |
|
|
Residential |
Other |
|
| (dollar amounts in thousands) |
and Industrial |
Real Estate |
Automobile |
Home Equity |
Mortgage |
Consumer |
Total |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ALLL at March 31, 2014: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Portion of ALLL balance: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Attributable to purchased credit-impaired loans |
$ |
1,517 |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
119 |
$ |
--- |
$ |
1,636 |
| |
|
Attributable to loans individually evaluated for impairment |
|
11,985 |
|
32,673 |
|
597 |
|
8,209 |
|
9,876 |
|
34 |
|
63,374 |
| |
|
Attributable to loans collectively evaluated for impairment |
|
253,477 |
|
127,633 |
|
24,581 |
|
104,968 |
|
29,073 |
|
27,176 |
|
566,908 |
| |
Total ALLL balance |
$ |
266,979 |
$ |
160,306 |
$ |
25,178 |
$ |
113,177 |
$ |
39,068 |
$ |
27,210 |
$ |
631,918 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan and Lease Ending Balances at March 31, 2014: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Portion of loan and lease ending balance: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Attributable to purchased credit-impaired loans |
$ |
36,397 |
$ |
76,720 |
$ |
--- |
$ |
--- |
$ |
2,258 |
$ |
128 |
$ |
115,503 |
| |
|
Individually evaluated for impairment |
|
125,398 |
|
268,949 |
|
33,068 |
|
223,037 |
|
368,636 |
|
1,846 |
|
1,020,934 |
| |
|
Collectively evaluated for impairment |
|
17,884,061 |
|
4,686,109 |
|
6,965,724 |
|
8,150,345 |
|
5,171,272 |
|
359,960 |
|
43,217,471 |
| |
Total loans and leases evaluated for impairment |
$ |
18,045,856 |
$ |
5,031,778 |
$ |
6,998,792 |
$ |
8,373,382 |
$ |
5,542,166 |
$ |
361,934 |
$ |
44,353,908 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| (dollar amounts in thousands) |
Commercial and Industrial |
Commercial Real Estate |
Automobile |
Home Equity |
Residential Mortgage |
Other Consumer |
Total |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ALLL at December 31, 2013 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Portion of ALLL balance: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Attributable to purchased credit-impaired loans |
$ |
2,404 |
$ |
--- |
$ |
--- |
$ |
--- |
$ |
36 |
$ |
--- |
$ |
2,440 |
| |
|
Attributable to loans individually evaluated for impairment |
|
6,129 |
|
34,935 |
|
682 |
|
8,003 |
|
10,555 |
|
136 |
|
60,440 |
| |
|
Attributable to loans collectively evaluated for impairment |
|
257,268 |
|
127,622 |
|
30,371 |
|
103,128 |
|
28,986 |
|
37,615 |
|
584,990 |
| |
Total ALLL balance: |
$ |
265,801 |
$ |
162,557 |
$ |
31,053 |
$ |
111,131 |
$ |
39,577 |
$ |
37,751 |
$ |
647,870 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loan and Lease Ending Balances at December 31, 2013 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Portion of loan and lease ending balances: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Attributable to purchased credit-impaired loans |
$ |
35,526 |
$ |
82,073 |
$ |
--- |
$ |
--- |
$ |
2,498 |
$ |
129 |
$ |
120,226 |
| |
|
Individually evaluated for impairment |
|
108,316 |
|
268,362 |
|
37,084 |
|
208,981 |
|
387,937 |
|
1,041 |
|
1,011,721 |
| |
|
Collectively evaluated for impairment |
|
17,450,434 |
|
4,499,659 |
|
6,601,629 |
|
8,127,337 |
|
4,930,653 |
|
378,841 |
|
41,988,553 |
| |
Total loans and leases evaluated for impairment |
$ |
17,594,276 |
$ |
4,850,094 |
$ |
6,638,713 |
$ |
8,336,318 |
$ |
5,321,088 |
$ |
380,011 |
$ |
43,120,500 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 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)
| |
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
| |
|
March 31, 2014 |
|
March 31, 2014 |
| |
|
|
|
|
|
Unpaid |
|
|
|
|
|
Interest |
| |
|
|
|
Ending |
Principal |
Related |
|
Average |
Income |
| (dollar amounts in thousands) |
|
Balance |
Balance (5) |
Allowance |
|
Balance |
Recognized |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| With no related allowance recorded: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Owner occupied |
|
$ |
4,108 |
$ |
4,403 |
$ |
--- |
|
$ |
4,906 |
$ |
49 |
| |
|
Purchased credit-impaired |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
|
Other commercial and industrial |
|
|
8,548 |
|
16,944 |
|
--- |
|
|
7,610 |
|
97 |
| |
Total commercial and industrial |
|
$ |
12,656 |
$ |
21,347 |
$ |
--- |
|
$ |
12,516 |
$ |
146 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Commercial real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Retail properties |
|
$ |
59,637 |
$ |
71,718 |
$ |
--- |
|
$ |
54,290 |
$ |
605 |
| |
|
Multi family |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
|
Office |
|
|
1,167 |
|
3,647 |
|
--- |
|
|
6,406 |
|
189 |
| |
|
Industrial and warehouse |
|
|
7,990 |
|
8,070 |
|
--- |
|
|
9,087 |
|
108 |
| |
|
Purchased credit-impaired |
|
|
76,720 |
|
156,497 |
|
--- |
|
|
79,396 |
|
2,666 |
| |
|
Other commercial real estate |
|
|
5,650 |
|
5,715 |
|
--- |
|
|
5,827 |
|
57 |
| |
Total commercial real estate |
|
$ |
151,164 |
$ |
245,647 |
$ |
--- |
|
$ |
155,006 |
$ |
3,625 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Automobile |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Home equity: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Secured by first-lien |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
Secured by junior-lien |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
Total home equity |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Residential mortgage: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Residential mortgage |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
Purchased credit-impaired |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
Total residential mortgage |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Other consumer |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Other consumer |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
Purchased credit-impaired |
|
|
128 |
|
213 |
|
--- |
|
|
128 |
|
4 |
| |
Total other consumer |
|
$ |
128 |
$ |
213 |
$ |
--- |
|
$ |
128 |
$ |
4 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| With an allowance recorded: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Commercial and industrial: (3) |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Owner occupied |
|
$ |
41,046 |
$ |
45,658 |
$ |
3,811 |
|
$ |
39,229 |
$ |
399 |
| |
|
Purchased credit-impaired |
|
|
36,397 |
|
52,593 |
|
1,517 |
|
|
35,961 |
|
1,265 |
| |
|
Other commercial and industrial |
|
|
71,696 |
|
79,269 |
|
8,174 |
|
|
51,532 |
|
592 |
| |
Total commercial and industrial |
|
$ |
149,139 |
$ |
177,520 |
$ |
13,502 |
|
$ |
126,722 |
$ |
2,256 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Commercial real estate: (4) |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Retail properties |
|
$ |
62,338 |
$ |
81,106 |
$ |
5,740 |
|
$ |
68,637 |
$ |
577 |
| |
|
Multi family |
|
|
17,113 |
|
22,958 |
|
2,142 |
|
|
14,739 |
|
152 |
| |
|
Office |
|
|
56,148 |
|
58,645 |
|
13,192 |
|
|
51,189 |
|
536 |
| |
|
Industrial and warehouse |
|
|
8,875 |
|
10,320 |
|
763 |
|
|
9,196 |
|
48 |
| |
|
Purchased credit-impaired |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
|
Other commercial real estate |
|
|
50,031 |
|
61,614 |
|
10,836 |
|
|
44,090 |
|
474 |
| |
Total commercial real estate |
|
$ |
194,505 |
$ |
234,643 |
$ |
32,673 |
|
$ |
187,851 |
$ |
1,787 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Automobile |
|
$ |
33,068 |
$ |
34,797 |
$ |
597 |
|
$ |
35,076 |
$ |
683 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Home equity: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Secured by first-lien |
|
$ |
114,817 |
$ |
122,197 |
$ |
2,457 |
|
$ |
112,420 |
$ |
1,239 |
| |
|
Secured by junior-lien |
|
|
108,220 |
|
151,006 |
|
5,752 |
|
|
103,589 |
|
1,314 |
| |
Total home equity |
|
$ |
223,037 |
$ |
273,203 |
$ |
8,209 |
|
$ |
216,009 |
$ |
2,553 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Residential mortgage (6): |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Residential mortgage |
|
$ |
368,636 |
$ |
408,589 |
$ |
9,876 |
|
$ |
378,287 |
$ |
2,864 |
| |
|
Purchased credit-impaired |
|
|
2,258 |
|
3,197 |
|
119 |
|
|
2,378 |
|
78 |
| |
Total residential mortgage |
|
$ |
370,894 |
$ |
411,786 |
$ |
9,995 |
|
$ |
380,665 |
$ |
2,942 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Other consumer: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Other consumer |
|
$ |
1,846 |
$ |
1,908 |
$ |
34 |
|
$ |
1,444 |
$ |
33 |
| |
|
Purchased credit-impaired |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
Total other consumer |
|
$ |
1,846 |
$ |
1,908 |
$ |
34 |
|
$ |
1,444 |
$ |
33 |
| |
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
| |
|
December 31, 2013 |
|
March 31, 2013 |
| |
|
|
|
|
|
Unpaid |
|
|
|
|
|
Interest |
| |
|
|
|
Ending |
Principal |
Related |
|
Average |
Income |
| (dollar amounts in thousands) |
|
Balance |
Balance (5) |
Allowance |
|
Balance |
Recognized |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| With no related allowance recorded: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Owner occupied |
|
$ |
5,332 |
$ |
5,373 |
$ |
--- |
|
$ |
3,741 |
$ |
42 |
| |
|
Purchased credit-impaired |
|
|
--- |
|
--- |
|
--- |
|
|
53,900 |
|
1,017 |
| |
|
Other commercial and industrial |
|
|
11,884 |
|
15,031 |
|
--- |
|
|
16,310 |
|
234 |
| |
Total commercial and industrial |
|
$ |
17,216 |
$ |
20,404 |
$ |
--- |
|
$ |
73,951 |
$ |
1,293 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Commercial real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Retail properties |
|
$ |
55,773 |
$ |
64,780 |
$ |
--- |
|
$ |
54,237 |
$ |
704 |
| |
|
Multi family |
|
|
--- |
|
--- |
|
--- |
|
|
5,642 |
|
88 |
| |
|
Office |
|
|
9,069 |
|
13,721 |
|
--- |
|
|
17,849 |
|
220 |
| |
|
Industrial and warehouse |
|
|
9,682 |
|
10,803 |
|
--- |
|
|
14,496 |
|
197 |
| |
|
Purchased credit-impaired |
|
|
82,073 |
|
154,869 |
|
--- |
|
|
122,528 |
|
2,254 |
| |
|
Other commercial real estate |
|
|
6,002 |
|
6,924 |
|
--- |
|
|
10,277 |
|
97 |
| |
Total commercial real estate |
|
$ |
162,599 |
$ |
251,097 |
$ |
--- |
|
$ |
225,029 |
$ |
3,560 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Home equity: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Secured by first-lien |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
Secured by junior-lien |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
Total home equity |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Residential mortgage: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Residential mortgage |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
Purchased credit-impaired |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
Total residential mortgage |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Other consumer |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Other consumer |
|
$ |
--- |
$ |
--- |
$ |
--- |
|
$ |
--- |
$ |
--- |
| |
|
Purchased credit-impaired |
|
|
129 |
|
219 |
|
--- |
|
|
148 |
|
3 |
| |
Total other consumer |
|
$ |
129 |
$ |
219 |
$ |
--- |
|
$ |
148 |
$ |
3 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| With an allowance recorded: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Commercial and industrial: (3) |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Owner occupied |
|
$ |
40,271 |
$ |
52,810 |
$ |
3,421 |
|
$ |
44,251 |
$ |
351 |
| |
|
Purchased credit-impaired |
|
|
35,526 |
|
50,798 |
|
2,404 |
|
|
--- |
|
--- |
| |
|
Other commercial and industrial |
|
|
50,829 |
|
64,497 |
|
2,708 |
|
|
51,313 |
|
658 |
| |
Total commercial and industrial |
|
$ |
126,626 |
$ |
168,105 |
$ |
8,533 |
|
$ |
95,564 |
$ |
1,009 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Commercial real estate: (4) |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Retail properties |
|
$ |
72,339 |
$ |
93,395 |
$ |
5,984 |
|
$ |
55,818 |
$ |
456 |
| |
|
Multi family |
|
|
13,484 |
|
15,408 |
|
1,944 |
|
|
17,103 |
|
177 |
| |
|
Office |
|
|
50,307 |
|
54,921 |
|
9,927 |
|
|
41,787 |
|
384 |
| |
|
Industrial and warehouse |
|
|
9,162 |
|
10,561 |
|
808 |
|
|
20,166 |
|
186 |
| |
|
Purchased credit-impaired |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
|
Other commercial real estate |
|
|
42,544 |
|
50,960 |
|
16,272 |
|
|
44,980 |
|
379 |
| |
Total commercial real estate |
|
$ |
187,836 |
$ |
225,245 |
$ |
34,935 |
|
$ |
179,854 |
$ |
1,582 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Automobile |
|
$ |
37,084 |
$ |
38,758 |
$ |
682 |
|
$ |
42,378 |
$ |
437 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Home equity: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Secured by first-lien |
|
$ |
110,024 |
$ |
116,846 |
$ |
2,396 |
|
$ |
94,494 |
$ |
942 |
| |
|
Secured by junior-lien |
|
|
98,957 |
|
143,967 |
|
5,607 |
|
|
50,933 |
|
592 |
| |
Total home equity |
|
$ |
208,981 |
$ |
260,813 |
$ |
8,003 |
|
$ |
145,427 |
$ |
1,534 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Residential mortgage (6): |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Residential mortgage |
|
$ |
387,937 |
$ |
427,924 |
$ |
10,555 |
|
$ |
373,441 |
$ |
2,872 |
| |
|
Purchased credit-impaired |
|
|
2,498 |
|
3,681 |
|
36 |
|
|
2,296 |
|
45 |
| |
Total residential mortgage |
|
$ |
390,435 |
$ |
431,605 |
$ |
10,591 |
|
$ |
375,737 |
$ |
2,917 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Other consumer: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Other consumer |
|
$ |
1,041 |
$ |
1,041 |
$ |
136 |
|
$ |
2,585 |
$ |
23 |
| |
|
Purchased credit-impaired |
|
|
--- |
|
--- |
|
--- |
|
|
--- |
|
--- |
| |
Total other consumer |
|
$ |
1,041 |
$ |
1,041 |
$ |
136 |
|
$ |
2,585 |
$ |
23 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (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, 2014, $48,212 thousand of the $149,139 thousand commercial and industrial loans with an allowance recorded were considered impaired due to their status as a TDR. At December 31, 2013, $43,805 thousand of the $126,626 thousand commercial and industrial loans with an allowance recorded were considered impaired due to their status as a TDR. |
|
|
|
|
|
| (4) |
At March 31, 2014, $25,749 thousand of the $194,505 thousand commercial real estate loans with an allowance recorded were considered impaired due to their status as a TDR. At December 31, 2013, $24,805 thousand of the $187,836 thousand 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, 2014, $32,251 thousand of the $370,894 thousand residential mortgages loans with an allowance recorded were guaranteed by the U.S. government. At December 31, 2013, $49,225 thousand of the $390,435 thousand 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, 2014 and 2013:
| |
|
New Troubled Debt Restructurings During The Three-Month Period Ended(1)
|
| |
|
March 31, 2014
|
|
March 31, 2013
|
| |
|
|
Post-modification |
|
|
|
|
Post-modification |
|
|
| |
|
|
Outstanding |
|
|
|
Outstanding |
|
|
(dollar amounts in thousands)
|
Number of |
Ending |
Financial effects
|
|
Number of |
Ending |
Financial effects
|
|
|
Contracts |
Balance |
of modification(2)
|
|
Contracts |
Balance |
of modification(2)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| C&I - Owner occupied: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
6 |
$ |
924 |
$ |
(1)
|
|
9 |
$ |
4,668 |
$ |
(465)
|
| |
Amortization or maturity date change |
18 |
|
4,609 |
|
4
|
|
11 |
|
4,853 |
|
(25)
|
| |
Other |
2 |
|
840 |
|
(1)
|
|
5 |
|
1,673 |
|
(1)
|
| Total C&I - Owner occupied |
26 |
$ |
6,373 |
$ |
2
|
|
25 |
$ |
11,194 |
$ |
(491)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| C&I - Other commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
10 |
$ |
27,994 |
$ |
(147)
|
|
5 |
$ |
17,569 |
$ |
1
|
| |
Amortization or maturity date change |
54 |
|
32,600 |
|
937
|
|
35 |
|
22,060 |
|
2,705
|
| |
Other |
4 |
|
4,366 |
|
23
|
|
7 |
|
5,039 |
|
211
|
| Total C&I - Other commercial and industrial |
68 |
$ |
64,960 |
$ |
813
|
|
47 |
$ |
44,668 |
$ |
2,917
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| CRE - Retail properties: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
3 |
$ |
11,105 |
$ |
421
|
|
--- |
$ |
--- |
$ |
---
|
| |
Amortization or maturity date change |
5 |
|
12,238 |
|
52
|
|
4 |
|
499 |
|
(1)
|
| |
Other |
6 |
|
9,897 |
|
(91)
|
|
2 |
|
3,829 |
|
(19)
|
| Total CRE - Retail properties |
14 |
$ |
33,240 |
$ |
382
|
|
6 |
$ |
4,328 |
$ |
(20)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| CRE - Multi family: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
10 |
$ |
645 |
$ |
---
|
|
3 |
$ |
2,164 |
$ |
11
|
| |
Amortization or maturity date change |
4 |
|
203 |
|
(1)
|
|
2 |
|
742 |
|
(1)
|
| |
Other |
2 |
|
323 |
|
---
|
|
1 |
|
3,956 |
|
(33)
|
| Total CRE - Multi family |
16 |
$ |
1,171 |
$ |
(1)
|
|
6 |
$ |
6,862 |
$ |
(23)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| CRE - Office: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
2 |
$ |
120 |
$ |
(1)
|
|
--- |
$ |
--- |
$ |
---
|
| |
Amortization or maturity date change |
4 |
|
3,132 |
|
---
|
|
5 |
|
3,864 |
|
12
|
| |
Other |
1 |
|
10,784 |
|
---
|
|
--- |
|
--- |
|
---
|
| Total CRE - Office |
7 |
$ |
14,036 |
$ |
(1)
|
|
5 |
$ |
3,864 |
$ |
12
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| CRE - Industrial and warehouse: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
2 |
$ |
4,046 |
$ |
---
|
|
--- |
$ |
--- |
$ |
---
|
| |
Amortization or maturity date change |
3 |
|
1,173 |
|
(4)
|
|
3 |
|
641 |
|
1
|
| |
Other |
1 |
|
977 |
|
---
|
|
1 |
|
5,867 |
|
---
|
| Total CRE - Industrial and Warehouse |
6 |
$ |
6,196 |
$ |
(4)
|
|
4 |
$ |
6,508 |
$ |
1
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| CRE - Other commercial real estate: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
4 |
$ |
4,304 |
$ |
7
|
|
7 |
$ |
643 |
$ |
(1)
|
| |
Amortization or maturity date change |
21 |
|
46,536 |
|
126
|
|
--- |
|
--- |
|
---
|
| |
Other |
2 |
|
928 |
|
(1)
|
|
--- |
|
--- |
|
---
|
| Total CRE - Other commercial real estate |
27 |
$ |
51,768 |
$ |
132
|
|
7 |
$ |
643 |
$ |
(1)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Automobile: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction
|
1 |
$ |
2 |
$ |
---
|
|
4 |
$ |
42 |
$ |
---
|
| |
Amortization or maturity date change |
206 |
|
1,349 |
|
(7)
|
|
328 |
|
1,925 |
|
(20)
|
| |
Chapter 7 bankruptcy |
180 |
|
1,361 |
|
(26)
|
|
249 |
|
1,639 |
|
136
|
|
Total Automobile
|
387 |
$ |
2,712 |
$ |
(33)
|
|
581 |
$ |
3,606 |
$ |
116
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Residential mortgage: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction
|
8 |
$ |
788 |
$ |
18
|
|
6 |
$ |
6,417 |
$ |
(43)
|
| |
Amortization or maturity date change |
68 |
|
8,018 |
|
103
|
|
54 |
|
7,664 |
|
25
|
| |
Chapter 7 bankruptcy |
85 |
|
9,007 |
|
282
|
|
44 |
|
4,839 |
|
133
|
| |
Other |
1 |
|
105 |
|
---
|
|
6 |
|
708 |
|
16
|
|
Total Residential mortgage
|
162 |
$ |
17,918 |
$ |
403
|
|
110 |
$ |
19,628 |
$ |
131
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| First-lien home equity: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction
|
50 |
$ |
3,808 |
$ |
191
|
|
16 |
$ |
1,662 |
$ |
142
|
| |
Amortization or maturity date change |
40 |
|
2,590 |
|
(426)
|
|
335 |
|
34,990 |
|
(3,906)
|
| |
Chapter 7 bankruptcy |
21 |
|
1,389 |
|
3
|
|
42 |
|
2,467 |
|
577
|
|
Total First-lien home equity
|
111 |
$ |
7,787 |
$ |
(232)
|
|
393 |
$ |
39,119 |
$ |
(3,187)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Junior-lien home equity: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction
|
87 |
$ |
2,867 |
$ |
(50)
|
|
5 |
$ |
150 |
$ |
20
|
| |
Amortization or maturity date change |
241 |
|
9,660 |
|
(1,852)
|
|
534 |
|
21,924 |
|
(2,826)
|
| |
Chapter 7 bankruptcy |
59 |
|
925 |
|
536
|
|
125 |
|
1,689 |
|
1,770
|
|
Total Junior-lien home equity
|
387 |
$ |
13,452 |
$ |
(1,366)
|
|
664 |
$ |
23,763 |
$ |
(1,036)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Other consumer: |
|
|
|
|
|
|
|
|
|
|
|
| |
Interest rate reduction
|
--- |
$ |
--- |
$ |
---
|
|
1 |
$ |
24 |
$ |
1
|
| |
Amortization or maturity date change |
4 |
|
20 |
|
---
|
|
4 |
|
63 |
|
2
|
| |
Chapter 7 bankruptcy |
3 |
|
23 |
|
(1)
|
|
14 |
|
137 |
|
16
|
|
Total Other consumer
|
7 |
$ |
43 |
$ |
(1)
|
|
19 |
$ |
224 |
$ |
19
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total new troubled debt restructurings
|
1,218 |
$ |
219,656 |
$ |
94
|
|
1,867 |
$ |
164,407 |
$ |
(1,562)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| (1) |
TDRs may include multiple concessions and the disclosure classifications are based on the primary concession provided to the borrower.
|
| (2) |
Amounts represent the financial impact via provision for loan and lease losses as a result of the modification.
|
The following tables present TDRs that have defaulted within one year of modification during the three-month periods ended March 31, 2014 and 2013:
| |
|
|
Troubled Debt Restructurings That Have Redefaulted(1)
|
| |
|
|
Within One Year Of Modification During The Three Months Ended
|
| |
|
|
March 31, 2014 |
|
March 31, 2013
|
| |
|
|
|
|
|
|
|
|
|
| (dollar amounts in thousands) |
|
Number of |
Ending |
|
Number of |
Ending
|
| |
|
Contracts |
Balance |
|
Contracts |
Balance
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| C&I - Owner occupied: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
--- |
|
--- |
|
3 |
|
479
|
| |
Other |
|
1 |
|
230 |
|
3 |
|
484
|
| Total C&I - Owner occupied |
|
1 |
$ |
230 |
|
6 |
$ |
963
|
| |
|
|
|
|
|
|
|
|
|
| C&I - Other commercial and industrial: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
4 |
|
324 |
|
6 |
|
42
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total C&I - Other commercial and industrial |
|
4 |
$ |
324 |
|
6 |
$ |
42
|
| |
|
|
|
|
|
|
|
|
|
| CRE - Retail Properties: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
--- |
|
--- |
|
3 |
|
945
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total CRE - Retail properties |
|
--- |
$ |
--- |
|
3 |
$ |
945
|
| |
|
|
|
|
|
|
|
|
|
| CRE - Multi family: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
--- |
|
--- |
|
--- |
|
---
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total CRE - Multi family |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
|
|
|
|
|
|
|
|
|
| CRE - Office: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
--- |
|
--- |
|
--- |
|
---
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total CRE - Office |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
|
|
|
|
|
|
|
|
|
| CRE - Industrial and Warehouse: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
--- |
|
--- |
|
--- |
|
---
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total CRE - Industrial and Warehouse |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
|
|
|
|
|
|
|
|
|
| CRE - Other commercial real estate: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
1 |
|
561 |
|
--- |
|
---
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total CRE - Other commercial real estate |
|
1 |
$ |
561 |
|
--- |
$ |
---
|
| |
|
|
|
|
|
|
|
|
|
| Automobile: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
19 |
|
104 |
|
13 |
|
97
|
| |
Chapter 7 bankruptcy |
|
13 |
|
70 |
|
67 |
|
315
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total Automobile |
|
32 |
$ |
174 |
|
80 |
$ |
412
|
| |
|
|
|
|
|
|
|
|
|
| Residential mortgage: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
2 |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
29 |
|
3 |
|
22 |
|
2,758
|
| |
Chapter 7 bankruptcy |
|
15 |
|
2 |
|
17 |
|
1,864
|
| |
Other |
|
--- |
|
--- |
|
1 |
|
101
|
| Total Residential mortgage |
|
46 |
$ |
5 |
|
40 |
$ |
4,723
|
| |
|
|
|
|
|
|
|
|
|
| First-lien home equity: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
1 |
$ |
113 |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
4 |
|
615 |
|
--- |
|
---
|
| |
Chapter 7 bankruptcy |
|
3 |
|
201 |
|
4 |
|
731
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total First-lien home equity |
|
8 |
$ |
929 |
|
4 |
$ |
731
|
| |
|
|
|
|
|
|
|
|
|
| Junior-lien home equity: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
6 |
|
330 |
|
--- |
|
---
|
| |
Chapter 7 bankruptcy |
|
16 |
|
570 |
|
14 |
|
409
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total Junior-lien home equity |
|
22 |
$ |
900 |
|
14 |
$ |
409
|
| |
|
|
|
|
|
|
|
|
|
| Other consumer: |
|
|
|
|
|
|
|
|
| |
Interest rate reduction |
|
--- |
$ |
--- |
|
--- |
$ |
---
|
| |
Amortization or maturity date change |
|
--- |
|
--- |
|
--- |
|
---
|
| |
Chapter 7 bankruptcy |
|
--- |
|
--- |
|
1 |
|
2
|
| |
Other |
|
--- |
|
--- |
|
--- |
|
---
|
| Total Other consumer |
|
--- |
$ |
--- |
|
1 |
$ |
2
|
| |
|
|
|
|
|
|
|
|
|
| Total troubled debt restructurings with subsequent redefault |
|
114 |
$ |
3,123 |
|
154 |
$ |
8,227
|
| |
|
|
|
|
|
|
|
|
|
| (1) |
Subsequent redefault is defined as a payment redefault within 12 months of the restructuring date. Payment redefault is defined as 90-days past due for any loan within any portfolio or class. Any loan may be considered to be in payment redefault prior to the guidelines noted above when collection of principal or interest is in doubt.
|
|