Quarterly report pursuant to Section 13 or 15(d)

LOANS / LEASES AND ALLOWANCE FOR CREDIT LOSSES (Tables)

v3.5.0.2
LOANS / LEASES AND ALLOWANCE FOR CREDIT LOSSES (Tables)
9 Months Ended
Sep. 30, 2016
Receivables [Abstract]  
Loan and Lease Portfolio
The following table provides a detailed listing of Huntington’s loan and lease portfolio at September 30, 2016 and December 31, 2015:
(dollar amounts in thousands)
September 30,
2016
 
December 31,
2015
Loans and leases:
 
 
 
Commercial and industrial
$
27,667,532

 
$
20,559,834

Commercial real estate
7,255,907

 
5,268,651

Automobile
10,791,351

 
9,480,678

Home equity
10,120,029

 
8,470,482

Residential mortgage
7,665,275

 
5,998,400

RV and marine finance
1,839,706

 

Other consumer
964,666

 
563,054

Loans and leases
66,304,466

 
50,341,099

Allowance for loan and lease losses
(616,898
)
 
(597,843
)
Net loans and leases
$
65,687,568

 
$
49,743,256

Loans Acquired with deteriorated credit quality during period
The following table reflects the contractually required payments receivable, cash flows expected to be collected, and fair value of the credit impaired FirstMerit loans at acquisition date:
(dollar amounts in thousands)
 
August 16,
2016
Contractually required payments including interest
 
$
283,947

Less: nonaccretable difference
 
(84,315
)
Cash flows expected to be collected
 
199,632

Less: accretable yield
 
(17,717
)
Fair value of loans acquired
 
$
181,915

Loans acquired with deteriorated credit quality
The following table presents a rollforward of the accretable yield for purchased credit impaired loans for the three-month and nine-month periods ended September 30, 2016: and 2015
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
(dollar amounts in thousands)
September 30,
2016
 
September 30,
2016
FirstMerit
 
 
 
Balance, beginning of period
$

 
$

Impact of acquisition/purchase on August 16, 2016
17,717

 
17,717

Accretion
(1,091
)
 
(1,091
)
Reclassification (to) from nonaccretable difference
3,308

 
3,308

Balance, end of period
$
19,934

 
$
19,934


There was no allowance for loan losses recorded on the purchased credit-impaired loan portfolio at September 30, 2016. The following table reflects the ending and unpaid balances of all contractually required payments and carrying amounts of the acquired loans by acquisition at September 30, 2016:
 
 
 
 
 
September 30, 2016
(dollar amounts in thousands)
Ending
Balance
 
Unpaid
Balance
FirstMerit
 
 
 
Commercial and industrial
$
104,560

 
$
148,243

Commercial real estate
49,135

 
64,146

Total
$
153,695

 
$
212,389

Schedule of financing receivable, subject to loss share arrangements
The following table presents additional information relating to FDIC acquired loans subject to loss sharing agreements at September 30, 2016:
(dollar amounts in thousands)
 
September 30,
2016
FirstMerit
 
 
Outstanding balance of FDIC acquired loans
 
$
117,316

Indemnification asset
 
7,267

Loss sharing liability
 
5,897

Loan Purchases and Sales
The following table summarizes significant portfolio loan purchase and sale activity for the three-month and nine-month periods ended September 30, 2016 and 2015. The table below excludes mortgage loans originated for sale.
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(dollar amounts in thousands)
2016
 
 
2015
 
2016
 
 
2015
 
Portfolio loans and leases purchased or transferred from held for sale:
Commercial and industrial
$
16,498

 
 
$
180,036

 
$
354,670

 
 
$
224,532

 
Commercial real estate

 
 

 

 
 

 
Automobile

 
 

 

 
 

 
Home equity
81,080

(1
)
 

 
81,080

(1
)
 

 
Residential mortgage
725

 
 
11,284

 
4,538

 
 
17,921

 
RV and marine finance

 
 

 

 
 

 
Other consumer

 
 

 

 
 

 
Total
$
98,303

 
 
$
191,320

 
$
440,288

 
 
$
242,453

 
 
 
 
 
 
 
 
 
 
 
 
Portfolio loans and leases sold or transferred to loans held for sale:
Commercial and industrial
$
1,140,096

 
 
$
98,117

 
$
1,380,893

 
 
$
284,019

 
Commercial real estate
124,231

 
 

 
124,231

 
 

 
Automobile
1,541,250

 
 

 
1,541,250

 
 
764,158

(2)
Home equity

 
 
96,786

 

 
 
96,786

 
Residential mortgage

 
 

 

 
 

 
RV and marine finance

 
 

 

 
 

 
Other consumer

 
 

 

 
 

 
Total
$
2,805,577

 
 
$
194,903

 
$
3,046,374

 
 
$
1,144,963

 
(1)
Reflects the transfer of approximately $81 million home equity loans transferred back to loans and leases in the 2016 third quarter.
(2)
Reflects the transfer of approximately $1.0 billion automobile loans to loans held for sale at March 31, 2015, net of approximately $262 million of automobile loans transferred back to loans and leases in the 2015 second quarter.
NALs and Past Due Loans
The following table presents NALs by loan class at September 30, 2016 and December 31, 2015:
(dollar amounts in thousands)
September 30,
2016
 
December 31,
2015
Commercial and industrial
$
220,862

 
$
175,195

Commercial real estate
21,300

 
28,984

Automobile
4,777

 
6,564

Home equity
69,044

 
66,278

Residential mortgage
88,155

 
94,560

RV and marine finance
96

 

Other consumer

 

Total nonaccrual loans
$
404,234

 
$
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 September 30, 2016 and December 31, 2015: (1)
 
September 30, 2016
 
Past Due
 
 
 
 
 
 Loans Accounted for Under the Fair Value Option
 
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
 
Purchased Credit
Impaired
 
 
 
 
Commercial and industrial
$
34,066

 
$
13,379

 
$
69,766

 
$
117,211

 
$
27,445,761

 
$
104,560

 
$

 
$
27,667,532

 
$
20,188

(2)
Commercial real estate
7,890

 
1,991

 
35,428

 
45,309

 
7,161,463

 
49,135

 

 
7,255,907

 
21,260

 
Automobile loans and leases
64,668

 
15,582

 
8,244

 
88,494

 
10,699,599

 

 
3,258

 
10,791,351

 
7,871

 
Home equity
36,728

 
20,799

 
53,279

 
110,806

 
10,005,280

 

 
3,943

 
10,120,029

 
12,997

 
Residential mortgage
113,184

 
38,867

 
111,540

 
263,591

 
7,322,416

 

 
79,268

 
7,665,275

 
68,329

(3)
RV and marine finance
6,754

 
2,042

 
1,048

 
9,844

 
1,827,721

 

 
2,141

 
1,839,706

 
1,043

 
Other consumer
8,731

 
3,284

 
2,997

 
15,012

 
949,074

 

 
580

 
964,666

 
2,988

 
Total loans and leases
$
272,021

 
$
95,944

 
$
282,302

 
$
650,267

 
$
65,411,314

 
$
153,695

 
$
89,190

 
$
66,304,466

 
$
134,676

 

 
December 31, 2015
 
Past Due
 
 
 
 
 
Loans Accounted for Under the Fair Value Option
 
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
 
Purchased
Credit Impaired
 
 
 
 
Commercial and industrial
44,715

 
13,580

 
46,978

 
105,273

 
20,454,561

 

 

 
20,559,834

 
8,724

(2)
Commercial real estate
9,232

 
5,721

 
21,666

 
36,619

 
5,232,032

 

 

 
5,268,651

 
9,549

 
Automobile loans and leases
69,553

 
14,965

 
7,346

 
91,864

 
9,388,814

 

 

 
9,480,678

 
7,162

 
Home equity
36,477

 
16,905

 
56,300

 
109,682

 
8,360,800

 

 

 
8,470,482

 
9,044

 
Residential mortgage
102,773

 
34,298

 
119,354

 
256,425

 
5,741,975

 

 

 
5,998,400

 
69,917

(4)
RV and marine finance

 

 

 

 

 

 

 

 

 
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 include Huntington Technology Finance administrative lease delinquencies.
(3)
Includes $53 million guaranteed by the U.S. government.
(4)
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 and nine-month periods ended September 30, 2016 and 2015:
(dollar amounts in thousands)
 
Commercial
 
Consumer
 
Total
Three-month period ended September 30, 2016:
ALLL balance, beginning of period
 
$
424,507

 
$
198,557

 
$
623,064

Loan charge-offs
 
(24,839
)
 
(34,429
)
 
(59,268
)
Recoveries of loans previously charged-off
 
8,312

 
10,891

 
19,203

Provision (reduction in allowance) for loan and lease losses
 
36,689

 
16,834

 
53,523

Allowance for loans sold or transferred to loans held for sale
 
(12,874
)
 
(6,750
)
 
(19,624
)
ALLL balance, end of period
 
$
431,795

 
$
185,103

 
$
616,898

AULC balance, beginning of period
 
$
63,717

 
$
10,031

 
$
73,748

Provision (reduction in allowance) for unfunded loan commitments and letters of credit
 
9,739

 
543

 
10,282

Fair value of acquired AULC
 
4,403

 

 
4,403

AULC balance, end of period
 
$
77,859

 
$
10,574

 
$
88,433

ACL balance, end of period
 
$
509,654

 
$
195,677

 
$
705,331

Nine-month period ended September 30, 2016:
ALLL balance, beginning of period
 
$
398,753

 
$
199,090

 
$
597,843

Loan charge-offs
 
(70,721
)
 
(91,784
)
 
(162,505
)
Recoveries of loans previously charged-off
 
62,127

 
35,006

 
97,133

Provision (reduction in allowance) for loan and lease losses
 
54,510

 
49,437

 
103,947

Allowance for loans sold or transferred to loans held for sale
 
(12,874
)
 
(6,646
)
 
(19,520
)
ALLL balance, end of period
 
$
431,795

 
$
185,103

 
$
616,898

AULC balance, beginning of period
 
$
63,448

 
$
8,633

 
$
72,081

Provision for (reduction in allowance) unfunded loan commitments and letters of credit
 
10,008

 
1,941

 
11,949

Fair value of acquired AULC
 
4,403

 

 
4,403

AULC balance, end of period
 
$
77,859

 
$
10,574

 
$
88,433

ACL balance, end of period
 
$
509,654

 
$
195,677

 
$
705,331

(dollar amounts in thousands)
 
Commercial
 
Consumer
 
Total
Three-month period ended September 30, 2015:
ALLL balance, beginning of period
 
$
377,101

 
$
222,441

 
$
599,542

Loan charge-offs
 
(29,992
)
 
(30,883
)
 
(60,875
)
Recoveries of loans previously charged-off
 
33,955

 
10,757

 
44,712

Provision for (reduction in allowance) loan and lease losses
 
13,232

 
392

 
13,624

Allowance for loans sold or transferred to loans held for sale
 

 
(5,065
)
 
(5,065
)
ALLL balance, end of period
 
$
394,296

 
$
197,642

 
$
591,938

AULC balance, beginning of period
 
$
47,627

 
$
7,744

 
$
55,371

Provision for (reduction in allowance) unfunded loan commitments and letters of credit
 
8,759

 
93

 
8,852

Fair value of acquired AULC
 

 

 

AULC balance, end of period
 
$
56,386

 
$
7,837

 
$
64,223

ACL balance, end of period
 
$
450,682

 
$
205,479

 
$
656,161

Nine-month period ended September 30, 2015:
ALLL balance, beginning of period
 
$
389,834

 
$
215,362

 
$
605,196

Loan charge-offs
 
(77,118
)
 
(85,802
)
 
(162,920
)
Recoveries of loans previously charged-off
 
63,754

 
33,196

 
96,950

Provision for (reduction in allowance) loan and lease losses
 
17,826

 
42,243

 
60,069

Allowance for loans sold or transferred to loans held for sale
 

 
(7,357
)
 
(7,357
)
ALLL balance, end of period
 
$
394,296

 
$
197,642

 
$
591,938

AULC balance, beginning of period
 
$
55,029

 
$
5,777

 
$
60,806

Provision for (reduction in allowance) unfunded loan commitments and letters of credit
 
1,357

 
2,060

 
3,417

Fair value of acquired AULC
 

 

 

AULC balance, end of period
 
$
56,386

 
$
7,837

 
$
64,223

ACL balance, end of period
 
$
450,682

 
$
205,479

 
$
656,161

Loan and lease balances by credit quality indicator
The following table presents each loan and lease class by credit quality indicator at September 30, 2016 and December 31, 2015:
 
September 30, 2016
 
Credit Risk Profile by UCS Classification
(dollar amounts in thousands)
Pass
 
OLEM
 
Substandard
 
Doubtful
 
Total
Commercial and industrial
$
25,922,981

 
$
591,927

 
$
1,128,765

 
$
23,859

 
$
27,667,532

Commercial real estate
6,977,718

 
120,371

 
155,607

 
2,211

 
7,255,907

 
 
 
 
 
 
 
 
 
 
 
Credit Risk Profile by FICO Score (1), (2)
 
750+
 
650-749
 
<650
 
Other (3)
 
Total
Automobile
$
5,430,033

 
$
3,933,502

 
$
1,229,856

 
$
194,702

 
$
10,788,093

Home equity
6,295,798

 
2,895,693

 
636,889

 
287,706

 
10,116,086

Residential mortgage
4,609,160

 
2,219,426

 
625,144

 
132,277

 
7,586,007

RV and marine finance
1,027,428

 
633,849

 
70,189

 
106,099

 
1,837,565

Other consumer
336,081

 
430,994

 
120,132

 
76,879

 
964,086


 
December 31, 2015
 
Credit Risk Profile by UCS Classification
(dollar amounts in thousands)
Pass
 
OLEM
 
Substandard
 
Doubtful
 
Total
Commercial and industrial
$
19,257,789

 
$
399,339

 
$
895,577

 
$
7,129

 
$
20,559,834

Commercial real estate
5,066,054

 
79,787

 
121,167

 
1,643

 
5,268,651

 
 
 
 
 
 
 
 
 
 
 
Credit Risk Profile by FICO Score (1), (2)
 
750+
 
650-749
 
<650
 
Other (3)
 
Total
Automobile
$
4,680,684

 
$
3,454,585

 
$
1,086,914

 
$
258,495

 
$
9,480,678

Home equity
5,210,741

 
2,466,425

 
582,326

 
210,990

 
8,470,482

Residential mortgage
3,564,064

 
1,813,779

 
567,984

 
52,573

 
5,998,400

RV and marine finance

 

 

 

 

Other consumer
233,969

 
269,746

 
49,650

 
9,689

 
563,054


(1)
Excludes loans accounted for under the fair value option.
(2)
Reflects most recent customer credit scores.
(3)
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 September 30, 2016 and December 31, 2015:
(dollar amounts in thousands)
 
Commercial
 
Consumer
 
Total
ALLL at September 30, 2016:
 
 
 
 
 
 
Portion of ALLL balance:
 
 
 
 
 
 
Purchased credit-impaired loans
 
$

 
$

 
$

Attributable to loans individually evaluated for impairment
 
17,246

 
11,603

 
28,849

Attributable to loans collectively evaluated for impairment
 
414,549

 
173,500

 
588,049

Total ALLL balance
 
$
431,795

 
$
185,103

 
$
616,898

Loan and Lease Ending Balances at September 30, 2016: (1)
 
 
 
 
 
 
Portion of loan and lease ending balance:
 
 
 
 
 
 
Purchased credit-impaired loans
 
$
153,695

 
$

 
$
153,695

Individually evaluated for impairment
 
470,134

 
476,422

 
946,556

Collectively evaluated for impairment
 
34,299,610

 
30,815,415

 
65,115,025

Total loans and leases evaluated for impairment
 
$
34,923,439

 
$
31,291,837

 
$
66,215,276

(dollar amounts in thousands)
 
Commercial
 
Consumer
 
Total
ALLL at December 31, 2015
 
 
 
 
 
 
Portion of ALLL balance:
 
 
 
 
 
 
Purchased credit-impaired loans
 
$
2,602

 
$
127

 
$
2,729

Attributable to loans individually evaluated for impairment
 
27,428

 
35,008

 
62,436

Attributable to loans collectively evaluated for impairment
 
368,723

 
163,955

 
532,678

Total ALLL balance:
 
$
398,753

 
$
199,090

 
$
597,843

Loan and Lease Ending Balances at December 31, 2015 (1)
 
 
 
 
 
 
Portion of loan and lease ending balances:
 
 
 
 
 
 
Purchased credit-impaired loans
 
$
34,775

 
$
1,506

 
$
36,281

Individually evaluated for impairment
 
626,010

 
651,778

 
1,277,788

Collectively evaluated for impairment
 
25,167,700

 
23,859,330

 
49,027,030

Total loans and leases evaluated for impairment
 
$
25,828,485

 
$
24,512,614

 
$
50,341,099



(1)
Excludes loans accounted for under the fair value option.
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)
 
September 30, 2016
 
Three Months Ended
September 30, 2016
 
Nine Months Ended
September 30,
(dollar amounts in thousands)
Ending
Balance
 
Unpaid
Principal
Balance (5)
 
Related
Allowance
 
Average
Balance
 
Interest
Income
Recognized
 
Average
Balance
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
356,398

 
$
418,304

 
$

 
$
305,956

 
$
2,235

 
$
290,163

 
$
4,858

Commercial real estate
103,705

 
133,670

 

 
80,000

 
907

 
58,666

 
2,257

Automobile

 

 

 

 

 

 

Home equity

 

 

 

 

 

 

Residential mortgage

 

 

 

 

 

 

RV and marine finance

 

 

 

 

 

 

Other consumer

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial (3)
255,894

 
270,828

 
25,850

 
281,934

 
1,631

 
274,262

 
5,460

Commercial real estate (4)
46,388

 
57,405

 
3,242

 
49,140

 
521

 
49,587

 
1,895

Automobile
32,279

 
32,644

 
1,802

 
31,540

 
541

 
31,912

 
1,643

Home equity
324,106

 
357,649

 
14,803

 
284,512

 
3,453

 
267,264

 
9,382

Residential mortgage (6)
341,063

 
378,500

 
14,818

 
344,237

 
2,978

 
353,259

 
9,041

RV and marine finance

 

 

 

 

 

 

Other consumer
4,244

 
4,244

 
302

 
4,454

 
58

 
4,627

 
178


 
December 31, 2015
 
Three Months Ended
September 30, 2015
 
Nine Months Ended
September 30,
(dollar amounts in thousands)
Ending
Balance
 
Unpaid
Principal
Balance (5)
 
Related
Allowance
 
Average
Balance
 
Interest
Income
Recognized
 
Average
Balance
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
255,801


$
279,551


$


$
133,022


$
710


$
93,256


$
1,694

Commercial real estate
68,260


125,814




56,927


590


61,767


1,734

Automobile

 

 

 

 

 

 

Home equity













Residential mortgage













RV and marine finance

 

 

 

 

 

 

Other consumer
52


101




50


3


51


11

 
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial (3)
246,249

 
274,203

 
21,916

 
298,417

 
3,420

 
260,987

 
9,688

Commercial real estate (4)
90,475

 
104,930

 
8,114

 
126,694

 
2,695

 
158,621

 
9,612

Automobile
31,304

 
31,878

 
1,779

 
29,371

 
554

 
29,878

 
1,659

Home equity
248,839

 
284,957

 
16,242

 
288,685

 
2,725

 
302,808

 
10,241

Residential mortgage (6)
368,449

 
411,114

 
16,938

 
376,026

 
3,303

 
374,854

 
9,630

RV and marine finance

 

 

 

 

 

 

Other consumer
4,640

 
4,649

 
176

 
4,801

 
64

 
4,683

 
191

(1)
These tables do not include loans fully charged-off.
(2)
All automobile, home equity, residential mortgage, RV and marine finance and other consumer impaired loans included in these tables are considered impaired due to their status as a TDR.
(3)
At September 30, 2016, $111 million of the $256 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 September 30, 2016, $28 million of the $46 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 September 30, 2016, $29 million of the $341 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 and nine-month periods ended September 30, 2016 an 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
New Troubled Debt Restructurings During The Three-Month Period Ended (1)
 
September 30, 2016
 
September 30, 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)
Commercial and industrial:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
2

 
$
122

 
$
6

 
2

 
$
89

 
$
(7
)
Amortization or maturity date change
246

 
89,100

 
(1,450
)
 
217

 
134,356

 
4,826

Other
6

 
711

 
(2
)
 
2

 
338

 
4

Total Commercial and industrial
254

 
89,933

 
(1,446
)
 
221

 
134,783

 
4,823

Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 
1

 
356

 
6

Amortization or maturity date change
30

 
11,183

 
(546
)
 
30

 
35,541

 
383

Other

 

 

 

 

 

Total commercial real estate:
30

 
11,183

 
(546
)
 
31

 
35,897

 
389

Automobile:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
4

 
26

 
3

 
5

 
6

 

Amortization or maturity date change
452

 
4,438

 
559

 
401

 
3,445

 
157

Chapter 7 bankruptcy
236

 
1,840

 
157

 
331

 
2,585

 
84

Other

 

 

 

 

 

Total Automobile
692

 
6,304

 
719

 
737

 
6,036

 
241

Home equity:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
14

 
352

 
10

 
18

 
1,101

 
60

Amortization or maturity date change
110

 
6,740

 
(574
)
 
421

 
18,842

 
(2,176
)
Chapter 7 bankruptcy
70

 
2,395

 
1,327

 
101

 
2,840

 
1,134

Other

 

 

 

 

 

Total Home equity
194

 
9,487

 
763

 
540

 
22,783

 
(982
)
Residential mortgage:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
2

 
134

 
(2
)
 
3

 
686

 
(4
)
Amortization or maturity date change
77

 
7,988

 
(220
)
 
261

 
27,553

 
(147
)
Chapter 7 bankruptcy
17

 
1,105

 
(63
)
 
37

 
3,888

 
5

Other
3

 
260

 

 
3

 
254

 

Total Residential mortgage
99

 
9,487

 
(285
)
 
304

 
32,381

 
(146
)
RV and marine finance:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 

 

 

Amortization or maturity date change

 

 

 

 

 

Chapter 7 bankruptcy

 

 

 

 

 

Other

 

 

 

 

 

Total RV and marine finance

 

 

 

 

 

Other consumer:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction

 

 

 
1

 
96

 
3

Amortization or maturity date change
1

 
16

 

 
1

 
2

 

Chapter 7 bankruptcy
1

 
6

 

 
2

 
13

 

Other

 

 

 

 

 

Total Other consumer
2

 
22

 

 
4

 
111

 
3

Total new troubled debt restructurings
1,271

 
$
126,416

 
$
(795
)
 
1,837

 
$
231,991

 
$
4,328

(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.

 
 
 
 
 
 
 
 
 
 
 
 
 
New Troubled Debt Restructurings During The Nine-Month Period Ended (1)
 
September 30, 2016
 
September 30, 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)
Commercial and industrial:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
4

 
$
161

 
$
5

 
10

 
$
759

 
$
1

Amortization or maturity date change
629

 
345,691

 
(4,368
)
 
588

 
417,548

 
(77,877
)
Other
16

 
1,801

 
(4
)
 
11

 
29,463

 
(459
)
Total Commercial and industrial
649

 
347,653

 
(4,367
)
 
609

 
447,770

 
(78,335
)
Commercial real estate:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
1

 
84

 

 
3

 
2,103

 
(4
)
Amortization or maturity date change
90

 
60,995

 
(1,828
)
 
106

 
97,940

 
(990
)
Other
4

 
315

 
16

 
11

 
480

 
(30
)
Total commercial real estate:
95

 
61,394

 
(1,812
)
 
120

 
100,523

 
(1,024
)
Automobile:
 
 
 
 
 
 
 
 
 
 
 
Interest rate reduction
11

 
132

 
10

 
30

 
48

 
2

Amortization or maturity date change
1,159

 
11,002