Annual report pursuant to Section 13 and 15(d)

Loans and Leases and Allowance for Credit Losses (Tables)

v2.4.0.6
Loans and Leases and Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2012
Loans / Leases and Allowance for Credit Losses [Abstract]  
Loan Purchases and Sales

The following table summarizes significant portfolio loan purchase and sale activity for the years ended December 31, 2012, and 2011.

      Commercial Commercial   Home Residential Other  
  and Industrial Real Estate Automobile Equity Mortgage Consumer Total
  (dollar amounts in thousands)                            
                                 
  Portfolio loans purchased during the:                            
    Year ended December 31, 2012 $ 568,467 $ 378,122 $ --- $ 13,025 $ 62,324 $ 85 $ 1,022,023
    Year ended December 31, 2011   ---   ---   59,578   ---   ---   ---   59,578
                                 
  Portfolio loans sold or transferred to loans held for sale during the:                            
    Year ended December 31, 2012   238,121   74,703   2,783,748   ---   389,603   ---   3,486,175
    Year ended December 31, 2011   256,313   56,123   2,250,033   ---   257,100   ---   2,819,569
NALs and Past Due Loans

The following table presents NALs by loan class for the years ended December 31, 2012 and 2011 (1):

      December 31,
(dollar amounts in thousands)   2012   2011
           
Commercial and industrial:        
  Owner occupied $ 53,009 $ 88,415
  Other commercial and industrial   37,696   113,431
Total commercial and industrial $ 90,705 $ 201,846
           
Commercial real estate:        
  Retail properties $ 31,791 $ 58,415
  Multi family   19,765   39,921
  Office   30,341   33,202
  Industrial and warehouse   6,841   30,119
  Other commercial real estate   38,390   68,232
Total commercial real estate $ 127,128 $ 229,889
           
Automobile $ 7,823 $ ---
           
Home equity:        
  Secured by first-lien $ 27,091 $ 20,012
  Secured by junior-lien   32,434   20,675
Total home equity $ 59,525 $ 40,687
           
Residential mortgage $ 122,452 $ 68,658
           
Other consumer $ --- $ ---
Total nonaccrual loans $ 407,633 $ 541,080
           
(1) December 31, 2012, amounts included $60.1 million related to Chapter 7 bankruptcy loans.
Aging analysis of loans and leases

The following table presents an aging analysis of loans and leases for the years ended December 31, 2012 and 2011 (1):

 

December 31, 2012
                              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 $ 11,409 $ 6,302 $ 31,997 $ 49,708   $ 4,236,211 $ 4,285,919   $ ---
  Purchased credit-impaired   986   3,533   26,648   31,167     23,305   54,472     26,648(2)
  Other commercial and industrial   20,273   4,211   14,786   39,270     12,591,028   12,630,298     ---
Total commercial and industrial $ 32,668 $ 14,046 $ 73,431 $ 120,145   $ 16,850,544 $ 16,970,689   $ 26,648
                                   
Commercial real estate:                                
  Retail properties $ 3,459 $ 4,203 $ 9,677 $ 17,339   $ 1,413,520 $ 1,430,859   $ ---
  Multi family   7,961   1,314   12,062   21,337     963,063   984,400     ---
  Office   1,054   2,415   23,335   26,804     909,310   936,114     ---
  Industrial and warehouse   6,597   118   5,433   12,148     584,754   596,902     ---
  Purchased credit-impaired   556   1,751   56,660   58,967     67,956   126,923     56,660(2)
  Other commercial real estate   2,725   2,192   25,463   30,380     1,293,662   1,324,042     ---
Total commercial real estate $ 22,352 $ 11,993 $ 132,630 $ 166,975   $ 5,232,265 $ 5,399,240   $ 56,660
                                   
Automobile $ 36,267 $ 7,803 $ 4,438 $ 48,508   $ 4,585,312 $ 4,633,820   $ 4,418
                                   
Home equity:                                
  Secured by first-lien $ 26,288 $ 9,992 $ 28,322 $ 64,602   $ 4,315,985 $ 4,380,587   $ 5,202
  Secured by junior-lien   34,365   16,553   35,150   86,068     3,868,687   3,954,755     12,998
Total home equity $ 60,653 $ 26,545 $ 63,472 $ 150,670   $ 8,184,672 $ 8,335,342   $ 18,200
                                   
Residential mortgage                                
  Residential mortgage $ 118,582 $ 44,747 $ 164,035 $ 327,364   $ 4,640,065 $ 4,967,429   $ 92,925(3)
  Purchased credit-impaired   58   ---   609   667     1,576   2,243     609(2)
Total residential mortgage $ 118,640 $ 44,747 $ 164,644 $ 328,031   $ 4,641,641 $ 4,969,672   $ 93,534
                                   
Other consumer                                
  Other consumer $ 7,431 $ 2,117 $ 1,672 $ 11,220   $ 408,302 $ 419,522   $ 1,672
  Purchased credit-impaired   ---   76   ---   76     64   140     ---(2)
Total other consumer $ 7,431 $ 2,193 $ 1,672 $ 11,296   $ 408,366 $ 419,662   $ 1,672
                                   
Total loans and leases $ 278,011 $ 107,327 $ 440,287 $ 825,625   $ 39,902,800 $ 40,728,425   $ 201,132
                                   
December 31, 2011
                              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 $ 10,607 $ 7,433 $ 58,513 $ 76,553   $ 3,936,203 $ 4,012,756   $ ---
  Other commercial and industrial   32,962   7,579   60,833   101,374     10,585,241   10,686,615     ---
Total commercial and industrial $ 43,569 $ 15,012 $ 119,346 $ 177,927   $ 14,521,444 $ 14,699,371   $ ---
                                   
Commercial real estate:                                
  Retail properties $ 3,090 $ 823 $ 33,952 $ 37,865   $ 1,547,618 $ 1,585,483   $ ---
  Multi family   5,022   1,768   28,317   35,107     908,438   943,545     ---
  Office   3,134   792   30,041   33,967     990,897   1,024,864     ---
  Industrial and warehouse   2,834   115   18,203   21,152     708,390   729,542     ---
  Other commercial real estate   6,894   3,625   48,739   59,258     1,483,017   1,542,275     ---
Total commercial real estate $ 20,974 $ 7,123 $ 159,252 $ 187,349   $ 5,638,360 $ 5,825,709   $ ---
                                   
Automobile $ 42,162 $ 9,046 $ 6,265 $ 57,473   $ 4,399,973 $ 4,457,446   $ 6,265
                                   
Home equity:                                
  Secured by first-lien $ 17,260 $ 8,822 $ 29,259 $ 55,341   $ 3,760,238 $ 3,815,579   $ 9,247
  Secured by junior-lien   32,334   18,357   31,626   82,317     4,317,517   4,399,834     10,951
                                   
Residential mortgage $ 134,228 $ 45,774 $ 204,648 $ 384,650   $ 4,843,626 $ 5,228,276   $ 141,901(4)
                                   
Other consumer $ 7,655 $ 1,502 $ 1,988 $ 11,145   $ 486,423 $ 497,568   $ 1,988
                                   
Total loans and leases $ 298,182 $ 105,636 $ 552,384 $ 956,202   $ 37,967,581 $ 38,923,783   $ 170,352
                                   
(1) NALs are included in this aging analysis based on the loan's past due status.
(2) All amounts represent accruing purchased credit-impaired loans related to the FDIC-assisted Fidelity Bank acquisition. Under the applicable accounting guidance (ASC-310-30), the loans were recorded at fair value upon acquisition and remain in accruing status.
(3) Includes $90,816 thousand guaranteed by the U.S. government.
(4) Includes $96,703 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 years ended December 31, 2012, 2011, and 2010:

      Commercial Commercial   Home Residential Other    
  and Industrial Real Estate Automobile Equity Mortgage Consumer Total
(dollar amounts in thousands)                            
                                 
Year ended December 31, 2012:                            
                                 
  ALLL balance, beginning of period $ 275,367 $ 388,706 $ 38,282 $ 143,873 $ 87,194 $ 31,406 $ 964,828
    Loan charge-offs   (101,475)   (118,051)   (26,070)   (124,286)   (52,228)   (33,090)   (455,200)
    Recoveries of loans previously charged-off   37,227   39,622   16,628   7,907   4,305   7,049   112,738
    Provision for loan and lease losses   29,932   (24,908)   12,964   91,270   24,046   21,889   155,193
    Allowance for loans sold or transferred to loans held for sale   ---   ---   (6,825)   ---   (1,659)   ---   (8,484)
  ALLL balance, end of period $ 241,051 $ 285,369 $ 34,979 $ 118,764 $ 61,658 $ 27,254 $ 769,075
                                 
  AULC balance, beginning of period $ 39,658 $ 5,852 $ --- $ 2,134 $ 1 $ 811 $ 48,456
    Provision for unfunded loan commitments and letters of credit   (5,790)   (1,112)   ---   (778)   2   (127)   (7,805)
  AULC balance, end of period $ 33,868 $ 4,740 $ --- $ 1,356 $ 3 $ 684 $ 40,651
  ACL balance, end of period $ 274,919 $ 290,109 $ 34,979 $ 120,120 $ 61,661 $ 27,938 $ 809,726

(dollar amounts in thousands)                            
                                 
Year ended December 31, 2011:                            
                                 
  ALLL balance, beginning of period $ 340,614 $ 588,251 $ 49,488 $ 150,630 $ 93,289 $ 26,736 $ 1,249,008
    Loan charge-offs   (134,385)   (182,759)   (33,593)   (109,427)   (65,069)   (32,520)   (557,753)
    Recoveries of loans previously charged-off   44,686   34,658   18,526   7,630   8,388   6,776   120,664
    Provision for loan and lease losses   24,452   (51,444)   17,042   95,040   52,226   30,414   167,730
    Allowance for loans sold or transferred to loans held for sale   ---   ---   (13,181)   ---   (1,640)   ---   (14,821)
  ALLL balance, end of period $ 275,367 $ 388,706 $ 38,282 $ 143,873 $ 87,194 $ 31,406 $ 964,828
                                 
  AULC balance, beginning of period $ 32,726 $ 6,158 $ --- $ 2,348 $ 1 $ 894 $ 42,127
    Provision for unfunded loan commitments and letters of credit   6,932   (306)   ---   (214)   ---   (83)   6,329
  AULC balance, end of period $ 39,658 $ 5,852 $ --- $ 2,134 $ 1 $ 811 $ 48,456
  ACL balance, end of period $ 315,025 $ 394,558 $ 38,282 $ 146,007 $ 87,195 $ 32,217 $ 1,013,284

(dollar amounts in thousands)                            
Year Ended December 31, 2010:                            
                                 
  ALLL balance, beginning of period $ 492,205 $ 751,875 $ 57,951 $ 102,039 $ 55,903 $ 22,506 $ 1,482,479
    Loan charge-offs   (316,771)   (303,995)   (46,308)   (140,831)(1)   (163,427)(2)   (32,575)   (1,003,907)
    Recoveries of loans previously charged-off   61,839   28,433   19,736   1,458   10,532   7,435   129,433
    Provision for loan and lease losses   103,341   111,938   18,109   187,964   190,577   29,370   641,299
    Allowance for loans sold or transferred to loans held for sale   ---   ---   ---   ---   (296)   ---   (296)
  ALLL balance, end of period $ 340,614 $ 588,251 $ 49,488 $ 150,630 $ 93,289 $ 26,736 $ 1,249,008
  AULC balance, beginning of period $ 34,555 $ 12,194 $ --- $ 1,179 $ 2 $ 949 $ 48,879
    Provision for unfunded loan commitments and letters-of-credit   (1,829)   (6,036)   ---   1,169   (1)   (55)   (6,752)
  AULC balance, end of period   32,726   6,158   ---   2,348   1   894   42,127
  ACL balance, end of period $ 373,340 $ 594,409 $ 49,488 $ 152,978 $ 93,290 $ 27,630 $ 1,291,135
                                 
(1) Reflects $21 million of Franklin-related charge-offs.
(2) Reflects $71 million of Franklin-related charge-offs.
Loan and lease balances by credit quality indicator

The following table presents each loan and lease class by credit quality indicator for the years ended December 31, 2012 and 2011:

 

    December 31, 2012
  Credit Risk Profile by UCS classification
(dollar amounts in thousands) Pass OLEM Substandard Doubtful Total
Commercial and industrial:                    
  Owner occupied $ 3,970,597 $ 108,731 $ 205,822 $ 769 $ 4,285,919
  Purchased impaired   1,663   6,555   46,254   ---   54,472
  Other commercial and industrial   12,146,017   145,111   337,805   1,365   12,630,298
Total commercial and industrial $ 16,118,277 $ 260,397 $ 589,881 $ 2,134 $ 16,970,689
                       
Commercial real estate:                    
  Retail properties $ 1,184,987 $ 63,976 $ 181,896 $ --- $ 1,430,859
  Multi family   902,616   24,098   57,548   138   984,400
  Office   826,533   26,488   83,093   ---   936,114
  Industrial and warehouse   540,484   15,132   41,286   ---   596,902
  Purchased impaired   10,052   18,085   98,786   ---   126,923
  Other commercial real estate   1,177,213   43,454   103,262   113   1,324,042
Total commercial real estate $ 4,641,885 $ 191,233 $ 565,871 $ 251 $ 5,399,240
                       
    Credit Risk Profile by FICO score (1)
    750+ 650-749 <650 Other (2) Total
Automobile $ 2,233,439 $ 1,900,824 $ 682,518 $ 117,039 $ 4,933,820(3)
                       
Home equity:                    
  Secured by first-lien $ 2,618,888 $ 1,345,621 $ 357,019 $ 59,059 $ 4,380,587
  Secured by junior-lien   2,046,143   1,375,636   491,226   41,750   3,954,755
Total home equity $ 4,665,031 $ 2,721,257 $ 848,245 $ 100,809 $ 8,335,342
                       
Residential mortgage:                    
  Residential mortgage $ 2,561,210 $ 1,673,485 $ 711,750 $ 20,984 $ 4,967,429
  Purchased impaired   373   1,303   567   ---   2,243
Total residential mortgage $ 2,561,583 $ 1,674,788 $ 712,317 $ 20,984 $ 4,969,672
                       
Other consumer                    
  Other consumer $ 169,792 $ 167,389 $ 59,815 $ 22,526 $ 419,522
  Purchased impaired   ---   93   47   ---   140
Total other consumer loans $ 169,792 $ 167,482 $ 59,862 $ 22,526 $ 419,662
                       
    December 31, 2011
  Credit Risk Profile by UCS classification
(dollar amounts in thousands) Pass OLEM Substandard Doubtful Total
Commercial and industrial:                    
  Owner occupied $ 3,624,103 $ 101,897 $ 285,561 $ 1,195 $ 4,012,756
  Other commercial and industrial   10,108,946   145,963   425,882   5,824   10,686,615
Total commercial and industrial $ 13,733,049 $ 247,860 $ 711,443 $ 7,019 $ 14,699,371
                       
Commercial real estate:                    
  Retail properties $ 1,191,471 $ 122,337 $ 271,675 $ --- $ 1,585,483
  Multi family   801,717   48,094   93,449   285   943,545
  Office   896,230   67,050   61,476   108   1,024,864
  Industrial and warehouse   649,165   9,688   70,621   68   729,542
  Other commercial real estate   1,112,751   110,276   318,479   769   1,542,275
Total commercial real estate $ 4,651,334 $ 357,445 $ 815,700 $ 1,230 $ 5,825,709
                       
    Credit Risk Profile by FICO score (1)
    750+ 650-749 <650 Other (2) Total
Automobile $ 2,635,082 $ 2,276,990 $ 707,141 $ 88,233 $ 5,707,446(4)
Home equity:                    
  Secured by first-lien   2,196,566   1,287,444   329,670   1,899   3,815,579
  Secured by junior-lien   2,119,292   1,646,117   625,298   9,127   4,399,834
Residential mortgage   2,454,401   1,752,409   723,377   298,089   5,228,276
Other consumer   185,333   206,749   83,431   22,055   497,568
                       
(1) Reflects currently updated customer credit scores.
(2) Reflects deferred fees and costs, loans in process, loans to legal entities, etc.
(3) Includes $0.3 billion of loans reflected as loans held for sale related to an automobile securitization expected to be completed in 2013.
(4) Includes $1.25 billion of loans reflected as loans held for sale related to an automobile securitization completed in 2012.
Summarized data for impaired loans and the related ALLL by portfolio segment

A loan is considered to be impaired when, based on current information and events, it is probable that not all amounts due according to the contractual terms of the loan agreement will be collected. 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 for the years ended December 31, 2012, 2011, and 2010 (1):

      Commercial Commercial     Residential Other  
  and Industrial Real Estate Automobile Home Equity Mortgage Consumer Total
                                 
ALLL at December 31, 2012:                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Attributable to purchased credit-impaired loans $ --- $ --- $ --- $ --- $ --- $ --- $ ---
    Attributable to loans individually evaluated for impairment   11,694   31,133   1,446   4,783   14,176   213   63,445
    Attributable to loans collectively evaluated for impairment   229,357   254,236   33,533   113,981   47,482   27,041   705,630
  Total ALLL balance $ 241,051 $ 285,369 $ 34,979 $ 118,764 $ 61,658 $ 27,254 $ 769,075
                                 
Loans and Leases at December 31, 2012:                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Attributable to purchased credit-impaired loans $ 54,472 $ 126,923 $ --- $ --- $ 2,243 $ 140 $ 183,778
    Individually evaluated for impairment   119,535   298,891   43,607   117,532   374,526   2,657   956,748
    Collectively evaluated for impairment   16,796,682   4,973,426   4,590,213   8,217,810   4,592,903   416,865   39,587,899
  Total loans evaluated for impairment $ 16,970,689 $ 5,399,240 $ 4,633,820 $ 8,335,342 $ 4,969,672 $ 419,662 $ 40,728,425
                                 
  Portion of ending balance:                            
    With allowance assigned to the loan and lease balances $ 86,644 $ 193,413 $ 43,607 $ 117,532 $ 374,526 $ 2,657 $ 818,379
    With no allowance assigned to the loan and lease balances   87,363   232,401   ---   ---   2,243   140   322,147
  Total $ 174,007 $ 425,814 $ 43,607 $ 117,532 $ 376,769 $ 2,797 $ 1,140,526
                                 
  Average balance of impaired loans $ 179,692 $ 474,362 $ 39,139 $ 79,523 $ 348,727 $ 4,448 $ 1,125,891
  ALLL on impaired loans   11,694   31,133   1,446   4,783   14,176   213   63,445

      Commercial Commercial     Residential Other  
  and Industrial Real Estate Automobile Home Equity Mortgage Consumer Total
                                 
ALLL at December 31, 2011:                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Attributable to loans individually evaluated for impairment   30,613   55,306   1,393   1,619   16,091   530   105,552
    Attributable to loans collectively evaluated for impairment   244,754   333,400   36,889   142,254   71,103   30,876   859,276
  Total ALLL balance at December 31, 2011 $ 275,367 $ 388,706 $ 38,282 $ 143,873 $ 87,194 $ 31,406 $ 964,828
                                 
Loans and Leases at December 31, 2011:                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Individually evaluated for impairment   153,724   387,402   36,574   52,593   335,768   6,220   972,281
    Collectively evaluated for impairment   14,545,647   5,438,307   4,420,872   8,162,820   4,892,508   491,348   37,951,502
  Total loans evaluated for impairment $ 14,699,371 $ 5,825,709 $ 4,457,446 $ 8,215,413 $ 5,228,276 $ 497,568 $ 38,923,783
                                 
  Portion of ending balance:                            
    With allowance assigned to the loan and lease balances $ 153,724 $ 305,390 $ 36,574 $ 52,593 $ 335,768 $ 6,220 $ 890,269
    With no allowance assigned to the loan and lease balances   ---   82,012   ---   ---   ---   ---   82,012
  Total $ 153,724 $ 387,402 $ 36,574 $ 52,593 $ 335,768 $ 6,220 $ 972,281
                                 
  Average balance of impaired loans $ 165,179 $ 358,429 $ 32,476 $ 42,903 $ 335,549 $ 7,699 $ 942,235
  ALLL on impaired loans   30,613   55,306   1,393   1,619   16,091   530   105,552

  Commercial and Industrial Commercial Real Estate Automobile Home Equity Residential Mortgage Other Consumer Total
                                 
ALLL at December 31, 2010                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Attributable to loans individually evaluated for impairment   63,307   65,130   1,477   1,498   11,780   668   143,860
    Attributable to loans collectively evaluated for impairment   277,307   523,121   48,011   149,132   81,509   26,068   1,105,148
  ALLL balance at December 31, 2010: $ 340,614 $ 588,251 $ 49,488 $ 150,630 $ 93,289 $ 26,736 $ 1,249,008
                                 
Loans and Leases at December 31, 2010:                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
    Individually evaluated for impairment   198,120   310,668   29,764   37,257   334,207   9,565   919,581
    Collectively evaluated for impairment   12,865,173   6,340,488   5,584,947   7,675,897   4,166,159   554,262   37,186,926
  Total loans evaluated for impairment $ 13,063,293 $ 6,651,156 $ 5,614,711 $ 7,713,154 $ 4,500,366 $ 563,827 $ 38,106,507
                                 
  Portion of ending balance:                            
    With allowance assigned to the loan and lease balances $ 173,243 $ 241,256 $ 29,764 $ 37,257 $ 334,207 $ 9,565 $ 825,292
    With no allowance assigned to the loan and lease balances   24,877   69,412   ---   ---   ---   ---   94,289
  Total $ 198,120 $ 310,668 $ 29,764 $ 37,257 $ 334,207 $ 9,565 $ 919,581
                                 
  Average balance of impaired loans $ 230,647 $ 471,080 $ 26,281 $ 33,808 $ 293,256 $ 9,163 $ 1,064,235
  ALLL on impaired loans   63,308   65,129   1,477   1,498   11,780   668   143,860
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 for the years ended December 31, 2012 and 2011 (1), (2):

                    Year Ended
  December 31, 2012   December 31, 2012
          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 $ 1,050 $ 1,091 $ ---   $ 4,246 $ 77
    Purchased credit-impaired   54,472   80,294   ---     57,602   2,359
    Other commercial and industrial   31,841   54,520   ---     11,922   555
  Total commercial and industrial $ 87,363 $ 135,905 $ ---   $ 73,770 $ 2,991
                           
  Commercial real estate:                      
    Retail properties $ 54,216 $ 56,569 $ ---   $ 51,939 $ 2,758
    Multi family   5,719   5,862   ---     5,631   353
    Office   20,051   24,843   ---     6,734   405
    Industrial and warehouse   15,013   17,476   ---     9,877   501
    Purchased credit-impaired   126,923   226,093   ---     141,278   5,497
    Other commercial real estate   10,479   10,728   ---     15,125   501
  Total commercial real estate $ 232,401 $ 341,571 $ ---   $ 230,584 $ 10,015
                           
  Automobile $ --- $ --- $ ---   $ --- $ ---
                           
  Home equity:                      
    Secured by first-lien $ --- $ --- $ ---   $ --- $ ---
    Secured by junior-lien   ---   ---   ---     ---   ---
  Total home equity $ --- $ --- $ ---   $ --- $ ---
                           
  Residential mortgage:                      
    Residential mortgage $ --- $ --- $ ---   $ --- $ ---
    Purchased credit-impaired   2,243   4,104   ---     3,521   97
  Total residential mortgage $ 2,243 $ 4,104 $ ---   $ 3,521 $ 97
                           
  Other consumer:                      
    Other consumer $ --- $ --- $ ---   $ --- $ ---
    Purchased credit-impaired   140   245   ---     622   6
  Total other consumer $ 140 $ 245 $ ---   $ 622 $ 6
                           
With an allowance recorded:                      
  Commercial and industrial: (3)                      
    Owner occupied $ 46,266 $ 56,925 $ 5,730   $ 40,029 $ 1,327
    Purchased credit-impaired   ---   ---   ---     ---   ---
    Other commercial and industrial   40,378   52,996   5,964     65,893   2,304
  Total commercial and industrial $ 86,644 $ 109,921 $ 11,694   $ 105,922 $ 3,631
                           
  Commercial real estate: (4)                      
    Retail properties $ 65,004 $ 73,000 $ 8,144   $ 107,842 $ 4,730
    Multi family   17,410   18,531   2,662     27,953   1,371
    Office   40,375   45,164   9,214     18,751   379
    Industrial and warehouse   22,450   25,374   1,092     24,454   717
    Purchased credit-impaired   ---   ---   ---     ---   ---
    Other commercial real estate   48,174   63,148   10,021     64,778   2,413
  Total commercial real estate $ 193,413 $ 225,217 $ 31,133   $ 243,778 $ 9,610
                           
  Automobile $ 43,607 $ 44,790 $ 1,446   $ 39,139 $ 3,382
                           
  Home equity:                      
    Secured by first-lien $ 76,258 $ 80,831 $ 1,329   $ 54,898 $ 2,651
    Secured by junior-lien   41,274   63,390   3,454     24,625   1,382
  Total home equity $ 117,532 $ 144,221 $ 4,783   $ 79,523 $ 4,033
                           
  Residential mortgage: (6)                      
    Residential mortgage $ 374,526 $ 413,583 $ 14,176   $ 345,206 $ 11,420
    Purchased credit-impaired   ---   ---   ---     ---   ---
  Total residential mortgage $ 374,526 $ 413,583 $ 14,176   $ 345,206 $ 11,420
                           
  Other consumer:                      
    Other consumer $ 2,657 $ 2,657 $ 213   $ 3,826 $ 126
    Purchased credit-impaired   ---   ---   ---     ---   ---
  Total other consumer $ 2,657 $ 2,657 $ 213   $ 3,826 $ 126

(dollar amounts in thousands)               Year Ended
  December 31, 2011   December 31, 2011
          Unpaid           Interest
      Ending Principal Related   Average Income
      Balance Balance (5) Allowance   Balance Recognized
                           
With no related allowance recorded:                      
  Commercial and Industrial:                      
    Owner occupied $ --- $ --- $ ---   $ 6,285 $ 169
    Other commercial and industrial   ---   ---   ---     5,040   162
  Total commercial and industrial $ --- $ --- $ ---   $ 11,325 $ 331
                           
  Commercial real estate:                      
    Retail properties $ 43,970 $ 45,192 $ ---   $ 26,717 $ 1,082
    Multi family   6,292   6,435   ---     13,757   701
    Office   1,191   1,261   ---     1,624   9
    Industrial and warehouse   8,163   9,945   ---     3,961   131
    Other commercial real estate   22,396   38,401   ---     25,077   796
  Total commercial real estate $ 82,012 $ 101,234 $ ---   $ 71,136 $ 2,719
                           
  Automobile $ --- $ --- $ ---   $ --- $ ---
  Home equity loans and lines-of-credit:                      
    Secured by first-lien   ---   ---   ---     ---   ---
    Secured by junior-lien   ---   ---   ---     ---   ---
  Residential mortgage   ---   ---   ---     ---   ---
  Other consumer loans   ---   ---   ---     ---   ---
                           
With an allowance recorded:                      
  Commercial and Industrial:                      
    Owner occupied $ 53,613 $ 77,205 $ 7,377   $ 53,219 $ 1,633
    Other commercial and industrial   100,111   117,469   23,236     100,635   2,952
  Total commercial and industrial $ 153,724 $ 194,674 $ 30,613   $ 153,854 $ 4,585
                           
  Commercial real estate:                      
    Retail properties $ 129,396 $ 161,596 $ 30,363   $ 102,384 $ 2,897
    Multi family   38,154   45,138   4,753     28,847   829
    Office   23,568   42,287   2,832     26,589   228
    Industrial and warehouse   29,435   47,373   3,136     42,862   740
    Other commercial real estate   84,837   119,212   14,222     86,611   2,326
  Total commercial real estate $ 305,390 $ 415,606 $ 55,306   $ 287,293 $ 7,020
                           
  Automobile $ 36,574 $ 36,574 $ 1,393   $ 32,476 $ 2,982
  Home equity loans and lines-of-credit:                      
    Secured by first-lien   35,842   35,842   626     26,956   1,201
    Secured by junior-lien   16,751   16,751   993     15,947   751
  Residential mortgage   335,768   361,161   16,091     335,549   12,894
  Other consumer loans   6,220   6,220   530     7,699   478
                           
(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 December 31, 2012, $44,265 thousand of the $86,644 thousand commercial and industrial loans with an allowance recorded were considered impaired due to their status as a TDR.
(4) At December 31, 2012, $31,605 thousand of the $193,413 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 December 31, 2012, $28,695 thousand of the $374,526 thousand residential mortgage loans with an allowance recorded were guaranteed by the U.S. government.
Detailed troubled debt restructuring information by class

The following table presents 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 years ended December 31, 2012 and 2011:

    New Troubled Debt Restructurings During The Year Ended(1)
    December 31, 2012   December 31, 2011
      Post-modification            
      Outstanding       Post-modification  
(dollar amounts in thousands) Number of Ending Financial effects   Number of Outstanding Financial effects
  Contracts Balance of modification(2)   Contracts Balance of modification(2)
                         
C&I - Owner occupied:(3)                      
                         
  Interest rate reduction 28 $ 10,501 $ 145   40 $ 19,152 $ (531)
  Amortization or maturity date change 95   23,337   660   60   22,378   (1,838)
  Other 16   4,923   1,089   7   3,373   231
Total C&I - Owner occupied 139 $ 38,761 $ 1,894   107 $ 44,903 $ (2,138)
                         
C&I - Other commercial and industrial:(3)                      
                         
  Interest rate reduction 27 $ 7,436 $ (2)   28 $ 22,519 $ (74)
  Amortization or maturity date change 141   76,814   (3,037)   73   27,822   (176)
  Other 32   37,202   1,265   31   56,184   (3,131)
Total C&I - Other commercial and industrial 200 $ 121,452 $ (1,774)   132 $ 106,525 $ (3,381)
                         
CRE - Retail properties:(3)                      
                         
  Interest rate reduction 9 $ 6,883 $ 957   9 $ 47,473 $ 4,242
  Amortization or maturity date change 15   4,472   (25)   20   31,521   6,112
  Other 3   1,680   (1)   7   15,672   1,267
Total CRE - Retail properties 27 $ 13,035 $ 931   36 $ 94,666 $ 11,621
                         
CRE - Multi family:(3)                      
                         
  Interest rate reduction 11 $ 1,288 $ (27)   13 $ 6,601 $ (208)
  Amortization or maturity date change 32   3,554   (1)   10   2,744   22
  Other 7   7,961   668   3   869   388
Total CRE - Multi family 50 $ 12,803 $ 640   26 $ 10,214 $ 202
                         
CRE - Office:(3)                      
                         
  Interest rate reduction 4 $ 4,155 $ (236)   5 $ 1,923 $ 212
  Amortization or maturity date change 12   40,152   4,199   2   1,238   83
  Other 6   1,637   276   3   ---   (408)
Total CRE - Office 22 $ 45,944 $ 4,239   10 $ 3,161 $ (113)
                         
CRE - Industrial and warehouse:(3)                      
                         
  Interest rate reduction 3 $ 7,470 $ (296)   1 $ 2,165 $ (299)
  Amortization or maturity date change 16   34,613   (3,857)   7   19,448   (5,446)
  Other 1   1,047   (30)   1   2,147   (937)
Total CRE - Industrial and Warehouse 20 $ 43,130 $ (4,183)   9 $ 23,760 $ (6,682)
                         
CRE - Other commercial real estate:(3)                      
                         
  Interest rate reduction 10 $ 2,944 $ (288)   18 $ 18,620 $ (1,180)
  Amortization or maturity date change 48   80,672   4,090   64   106,532   (2,288)
  Other 6   10,030   (2,024)   5   8,199   19
Total CRE - Other commercial real estate 64 $ 93,646 $ 1,778   87 $ 133,351 $ (3,449)
                         
Automobile:(4)                      
                         
  Interest rate reduction 40 $ 368 $ 4   38 $ 554 $ 4
  Amortization or maturity date change 1,910   13,186   (103)   2,010   17,221   (143)
  Chapter 7 bankruptcy 2,104   12,423   1,866   ---   ---   ---
  Other ---   ---   ---   ---   ---   ---
Total Automobile 4,054 $ 25,977 $ 1,767   2,048 $ 17,775 $ (139)
                         
Residential mortgage:(5)                      
                         
  Interest rate reduction 25 $ 8,795 $ (40)   10 $ 12,637 $ (567)
  Amortization or maturity date change 482   65,336   1,394   655   91,979   1,988
  Chapter 7 bankruptcy 583   45,193   4,854   ---   ---   ---
  Other 15   1,836   81   26   4,391   108
Total Residential mortgage 1,105 $ 121,160 $ 6,289   691 $ 109,007 $ 1,529
                         
First-lien home equity:(6)                      
                         
  Interest rate reduction 222 $ 28,381 $ 4,424   142 $ 17,275 $ 2,722
  Amortization or maturity date change 130   10,468   (49)   89   10,636   616
  Chapter 7 bankruptcy 188   8,317   4,244   ---   ---   ---
  Other ---   ---   ---   ---   ---   ---
Total First-lien home equity 540 $ 47,166 $ 8,619   231 $ 27,911 $ 3,338
                         
Junior-lien home equity:(7)                      
                         
  Interest rate reduction 60 $ 3,023 $ 494   127 $ 6,521 $ 430
  Amortization or maturity date change 390   15,040   (432)   117   4,096   39
  Chapter 7 bankruptcy 1,241   13,347   18,564   ---   ---   ---
  Other 7   288   ---   ---   ---   ---
Total Junior-lien home equity 1,698 $ 31,698 $ 18,626   244 $ 10,617 $ 469
                         
Other consumer:(8)                      
                         
  Interest rate reduction 14 $ 305 $ 32   14 $ 1,104 $ 74
  Amortization or maturity date change 27   2,150   (111)   63   445   (21)
  Chapter 7 bankruptcy 14   198   ---   ---   ---   ---
  Other ---   ---   ---   ---   ---   ---
Total Other consumer 55 $ 2,653 $ (79)   77 $ 1,549 $ 53
Total new troubled debt restructurings 7,974 $ 597,425 $ 38,747   3,698 $ 583,439 $ 1,310
                         
(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.
(3) Post-modification balances approximate pre-modification balances. The aggregate amount of charge-offs as a result of a restructuring are not significant.
(4) Chapter 7 bankruptcy pre-modification balances were impacted by $1.3 million of net charge-offs in 2012.
(5) Chapter 7 bankruptcy pre-modification balances were impacted by $7.9 million of net charge-offs in 2012.
(6) Chapter 7 bankruptcy pre-modification balances were impacted by $3.9 million of net charge-offs in 2012.
(7) Chapter 7 bankruptcy pre-modification balances were impacted by $21.5 million of net charge-offs in 2012.
(8) Chapter 7 bankruptcy pre-modification balances were not significantly impacted by net charge-offs in 2012.

The following table presents TDRs that have redefaulted within one year of modification during the years ended December 31, 2012 and 2011:

    Troubled Debt Restructurings That Have Redefaulted
    Within One Year of Modification During The Year Ended
    December 31, 2012(1) December 31, 2011(1)
(dollar amounts in thousands) Number of Ending Number of Ending
  Contracts Balance Contracts Balance
               
C&I - Owner occupied:            
               
  Interest rate reduction 4 $ 1,390 13 $ 6,173
  Amortization or maturity date change 13   2,380 10   5,201
  Other ---   --- 2   2,352
Total C&I - Owner occupied 17 $ 3,770 25 $ 13,726
               
C&I - Other commercial and industrial:            
               
  Interest rate reduction 3 $ 401 1 $ 98
  Amortization or maturity date change 14   609 12   10,140
  Other 3   387 ---   ---
Total C&I - Other commercial and industrial 20 $ 1,397 13 $ 10,238
               
CRE - Retail Properties:            
               
  Interest rate reduction --- $ --- --- $ ---
  Amortization or maturity date change 3   372 ---   ---
  Other ---   --- ---   ---
Total CRE - Retail properties 3 $ 372 --- $ ---
               
CRE - Multi family:            
               
  Interest rate reduction 2 $ 1,236 4 $ 1,102
  Amortization or maturity date change 2   343 2   456
  Other ---   --- ---   ---
Total CRE - Multi family 4 $ 1,579 6 $ 1,558
               
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 1   413 8   3,665
  Other ---   --- ---   ---
Total CRE - Industrial and Warehouse 1 $ 413 8 $ 3,665
               
CRE - Other commercial real estate:            
               
  Interest rate reduction 1 $ 898 3 $ 648
  Amortization or maturity date change 4   646 10   2,014
  Other ---   --- ---   ---
Total CRE - Other commercial real estate 5 $ 1,544 13 $ 2,662
               
Automobile:            
               
  Interest rate reduction 4 $ --- 1 $ ---
  Amortization or maturity date change 132   69 198   ---
  Chapter 7 bankruptcy 34   149 ---   ---
  Other ---   --- ---   ---
Total Automobile 170 $ 218 199 $ ---
               
Residential mortgage:            
               
  Interest rate reduction 2 $ 61 2 $ 148
  Amortization or maturity date change 100   13,574 57   6,900
  Chapter 7 bankruptcy 30   4,085 ---   ---
  Other 7   804 4   531
Total Residential mortgage 139 $ 18,524 63 $ 7,579
               
First-lien home equity:            
               
  Interest rate reduction 11 $ 932 2 $ 692
  Amortization or maturity date change 5   503 7   436
  Chapter 7 bankruptcy 2   124 ---   ---
  Other ---   --- ---   ---
Total First-lien home equity 18 $ 1,559 9 $ 1,128
               
Junior-lien home equity:            
               
  Interest rate reduction 2 $ 112 3 $ 272
  Amortization or maturity date change 3   99 8   614
  Chapter 7 bankruptcy 7   30 ---   ---
  Other ---   --- ---   ---
Total Junior-lien home equity 12 $ 241 11 $ 886
               
Other consumer:            
               
  Interest rate reduction 1 $ --- 1 $ ---
  Amortization or maturity date change 3   --- 11   ---
  Chapter 7 bankruptcy ---   --- ---   ---
  Other ---   --- ---   ---
Total Other consumer 4 $ --- 12 $ ---
               
Total troubled debt restructurings with subsequent redefault 393 $ 29,617 359 $ 41,442
               
(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 in any portfolio or class. Any loan in any portfolio may be considered to be in payment redefault prior to the guidelines noted above when collection of principal or interest is in doubt.
Lease financing receivables

Net investments in lease financing receivables by category at December 31, 2012 and 2011 were as follows:

      At December 31,
(dollar amounts in thousands)     2012     2011
             
Commercial and industrial:            
Lease payments receivable   $ 1,477,296   $ 1,001,939
Estimated residual value of leased assets     332,369     201,663
Gross investment in commercial lease financing receivables     1,809,665     1,203,602
Net deferred origination costs     2,805     3,034
Unearned income     (142,904)     (109,820)
Total net investment in commercial lease financing receivables   $ 1,669,566   $ 1,096,816
             
Consumer - Automobile:            
Lease payments receivable   $ (299)   $ 2,562
Estimated residual value of leased assets     921     10,843
Gross investment in consumer lease financing receivables     622     13,405
Net deferred origination fees     (2)     (18)
Unearned income     (5)     (497)
Total net investment in consumer lease financing receivables   $ 615   $ 12,890
Loans acquired with deteriorated credit quality

The following table presents a rollforward of the accretable yield for the year ended December 31, 2012:

 

     
(dollar amounts in thousands) 2012
Balance at January 1, $ ---
Impact of acquisition on March 30,   27,586
Adjustments resulting from changes in purchase price allocation   3,625
Accretion   (7,960)
Balance at December 31, $ 23,251
     

The following table reflects the ending and unpaid balances of all contractually required payments and carrying amounts of the acquired loans at December 31, 2012:

    December 31, 2012
(in thousands)   Ending Balance     Unpaid Balance
Commercial and industrial $ 54,472   $ 80,294
Commercial real estate   126,923     226,093
Residential mortgage   2,243     4,104
Other consumer   140     245
Total $ 183,778   $ 310,736