Quarterly report pursuant to Section 13 or 15(d)

Loans and Leases and Allowance for Credit Losses (Tables)

v2.4.0.6
Loans and Leases and Allowance for Credit Losses (Tables)
3 Months Ended
Mar. 31, 2012
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, 2012, December 31, 2011, and March 31, 2011:

 

          March 31,     December 31,     March 31,
(dollar amounts in thousands)   2012     2011     2011
                       
Loans and leases: (1)                
    Commercial and industrial $ 15,838,045   $ 14,699,371   $ 13,298,855
    Commercial real estate   6,039,945     5,825,709     6,298,255
    Automobile   4,786,842     4,457,446     5,802,597
    Home equity   8,261,402     8,215,413     7,783,370
    Residential mortgage   5,284,437     5,228,276     4,517,047
    Other consumer   467,871     497,568     545,712
  Loans and leases   40,678,542     38,923,783     38,245,836
  Allowance for loan and lease losses   (913,069)     (964,828)     (1,133,226)
Net loans and leases $ 39,765,473   $ 37,958,955   $ 37,112,610
                       
(1) March 31, 2012, includes $520,564 thousand of loans and leases recorded at fair value acquired in the FDIC-assisted Fidelity Bank acquisition on March 30, 2012.
Loan Purchases and Sales

The following table summarizes significant portfolio loan and lease purchase and sale activity for the three-month periods ended March 31, 2012 and 2011:

 

                                 
      Commercial Commercial   Home Residential Other  
  and Industrial Real Estate Automobile Equity Mortgage Consumer Total
  (dollar amounts in thousands)                            
                                 
  Portfolio loans and leases purchased during the:                            
    Three-month period ended March 31, 2012 $ 477,501 $ 378,122 $ --- $ 13,025 $ 62,324 $ 85 $ 931,057
                                 
    Three-month period ended March 31, 2011 $ --- $ --- $ --- $ --- $ --- $ --- $ ---
                                 
  Portfolio loans and leases sold or transferred to loans held for sale during the:                            
    Three-month period ended March 31, 2012 $ 53,447 $ 21,469 $ 1,300,000 $ --- $ --- $ --- $ 1,374,916
                                 
    Three-month period ended March 31, 2011 $ 85,998 $ 47,794 $ --- $ --- $ 83,542 $ --- $ 217,334
NALs and Past Due Loans

The following table presents NALs by loan class at March 31, 2012, December 31, 2011, and March 31, 2011:

 

      2012   2011
(dollar amounts in thousands)   March 31,     December 31,   March 31,
                 
Commercial and industrial:              
  Owner occupied $ 71,165   $ 88,415 $ 141,042
  Other commercial and industrial   71,327     113,431   119,355
Total commercial and industrial   142,492     201,846   260,397
                 
Commercial real estate:              
  Retail properties   49,631     58,415   74,775
  Multi family   36,621     39,921   41,619
  Office   28,809     33,202   43,203
  Industrial and warehouse   17,862     30,119   37,188
  Other commercial real estate   72,182     68,232   109,008
Total commercial real estate   205,105     229,889   305,793
                 
Automobile   ---     ---   ---
Home equity:              
  Secured by first-lien   19,074     20,012   11,345
  Secured by second-lien   26,773     20,675   13,910
Residential mortgage   74,114     68,658   44,812
Other consumer   ---     ---   ---
Total nonaccrual loans (1) $ 467,558   $ 541,080 $ 636,257
                 
(1) All loans acquired as part of the FDIC-assisted Fidelity Bank acquisition accrue interest as performing loans or as purchase impaired loans in accordance with ASC 310-30; therefore, none of the acquired loans were reported as nonaccrual at March 31, 2012.
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, 2012, December 31, 2011, and March 31, 2011: (1), (2)

 

March 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 $ 12,820 $ 5,308 $ 50,524 $ 68,652   $ 4,052,841 $ 4,121,493   $ ---
  Other commercial and industrial   12,855   6,281   34,998   54,134     11,595,410   11,649,544     ---
Total commercial and industrial $ 25,675 $ 11,589 $ 85,522 $ 122,786   $ 15,648,251 $ 15,771,037   $ ---
                                   
Commercial real estate:                                
  Retail properties $ 35,793 $ 5,418 $ 37,480 $ 78,691   $ 1,471,619 $ 1,550,310   $ ---
  Multi family   4,609   2,769   26,111   33,489     866,152   899,641     ---
  Office   1,305   1,237   26,156   28,698     1,015,531   1,044,229     ---
  Industrial and warehouse   ---   ---   5,428   5,428     680,426   685,854     ---
  Other commercial real estate   5,408   2,926   35,039   43,373     1,438,416   1,481,789     ---
Total commercial real estate $ 47,115 $ 12,350 $ 130,214 $ 189,679   $ 5,472,144 $ 5,661,823   $ ---
                                   
Automobile $ 25,016   5,578 $ 3,873 $ 34,467   $ 4,752,375 $ 4,786,842   $ 3,873
Home equity:                                
  Secured by first-lien   16,117   7,120   27,856   51,093     3,915,782   3,966,875     8,782
  Secured by second-lien   28,384   13,209   29,135   70,728     4,210,774   4,281,502     11,080
Residential mortgage   145,459   50,463   198,401   394,323     4,827,790   5,222,113     130,164(3)
Other consumer   5,403   1,738   1,218   8,359     459,427   467,786     1,218
                                   
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 second-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
                                   
March 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 $ 16,595 $ 14,056 $ 70,871 $ 101,522   $ 3,759,155 $ 3,860,677   $ ---
  Other commercial and industrial   33,424   12,161   86,706   132,291     9,305,887   9,438,178     ---
Total commercial and industrial $ 50,019 $ 26,217 $ 157,577 $ 233,813   $ 13,065,042 $ 13,298,855   $ ---
                                   
Commercial real estate:                                
  Retail properties $ 35,644 $ 1,249 $ 48,919 $ 85,812   $ 1,608,701 $ 1,694,513   $ ---
  Multi family   9,393   2,804   30,978   43,175     1,028,971   1,072,146     ---
  Office   14,155   1,382   38,191   53,728     994,578   1,048,306     ---
  Industrial and warehouse   6,838   3,062   15,146   25,046     765,585   790,631     ---
  Other commercial real estate   26,966   13,905   83,356   124,227     1,568,432   1,692,659     ---
Total commercial real estate $ 92,996 $ 22,402 $ 216,590 $ 331,988   $ 5,966,267 $ 6,298,255   $ ---
                                   
Automobile $ 37,775 $ 8,374 $ 5,440 $ 51,589   $ 5,751,008 $ 5,802,597   $ 5,440
Home equity:                                
  Secured by first-lien   16,323   8,562   21,853   46,738     3,146,963   3,193,701     10,508
  Secured by second-lien   31,336   13,560   27,532   72,428     4,517,241   4,589,669     13,622
Residential mortgage   121,190   39,062   181,010   341,262     4,175,785   4,517,047     136,298(5)
Other consumer   7,067   1,985   2,038   11,090     534,622   545,712     2,138
                                   
(1) NALs are included in this aging analysis based on the loan's past due status.
(2) March 31, 2012, excludes $520,564 thousand of loans and leases acquired in the FDIC-assisted Fidelity Bank acquisition on March 30, 2012.
(3) Includes $94,560 thousand guaranteed by the U.S. government.
(4) Includes $96,703 thousand guaranteed by the U.S. government.
(5) Includes $94,440 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, 2012 and 2011:

 

      Commercial Commercial   Home Residential Other    
  and Industrial Real Estate Automobile Equity Mortgage Consumer Total
(dollar amounts in thousands)                            
                                 
Three-month period ended March 31, 2012: (1)                            
                                 
  ALLL balance, beginning of period $ 275,367 $ 388,706 $ 38,282 $ 143,873 $ 87,194 $ 31,406 $ 964,828
    Loan charge-offs   (33,506)   (21,402)   (7,610)   (25,265)   (11,745)   (8,432)   (107,960)
    Recoveries of loans previously charged-off   5,011   10,896   4,532   1,536   1,175   1,818   24,968
    Provision for loan and lease losses   (846)   (38,706)   2,043   48,754   12,505   8,178   31,928
    Allowance for loans sold or transferred to loans held for sale   ---   ---   (695)   ---   ---   ---   (695)
                                 
  ALLL balance, end of period $ 246,026 $ 339,494 $ 36,552 $ 168,898 $ 89,129 $ 32,970 $ 913,069
                                 
  AULC balance, beginning of period $ 39,658 $ 5,852 $ --- $ 2,134 $ 1 $ 811 $ 48,456
    Provision for unfunded loan commitments and letters of credit   2,618   (72)   ---   (26)   ---   (42)   2,478
                                 
  AULC balance, end of period $ 42,276 $ 5,780 $ --- $ 2,108 $ 1 $ 769 $ 50,934
                                 
  ACL balance, end of period $ 288,302 $ 345,274 $ 36,552 $ 171,006 $ 89,130 $ 33,739 $ 964,003
                                 
(1) In accordance with ASC 805, no allowance for credit losses was recorded for the loans acquired in the FDIC-assisted Fidelity Bank acquisition.

      Commercial Commercial   Home Residential Other    
  and Industrial Real Estate Automobile Equity Mortgage Consumer Total
(dollar amounts in thousands)                            
                                 
Three-month period ended March 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   (53,736)   (76,648)   (9,975)   (28,322)   (23,021)   (7,305)   (199,007)
    Recoveries of loans previously charged-off   11,544   8,965   5,263   1,608   4,089   2,455   33,924
    Provision for loan and lease losses   1,141   (9,500)   6,086   25,455   22,384   3,735   49,301
    Allowance for loans sold or transferred to loans held for sale   ---   ---   ---   ---   ---   ---   ---
                                 
  ALLL balance, end of period $ 299,563 $ 511,068 $ 50,862 $ 149,371 $ 96,741 $ 25,621 $ 1,133,226
                                 
  AULC balance, beginning of period $ 32,726 $ 6,158 $ --- $ 2,348 $ 1 $ 894 $ 42,127
    Provision for unfunded loan commitments and letters of credit   (2,020)   2,275   ---   (107)   ---   (64)   84
                                 
  AULC balance, end of period $ 30,706 $ 8,433 $ --- $ 2,241 $ 1 $ 830 $ 42,211
                                 
  ACL balance, end of period $ 330,269 $ 519,501 $ 50,862 $ 151,612 $ 96,742 $ 26,451 $ 1,175,437
Loan and lease balances by credit quality indicator

The following table presents each loan and lease class by credit quality indicator at March 31, 2012, December 31, 2011, and March 31, 2011:

 

    March 31, 2012 (1)  
  Credit Risk Profile by UCS classification  
(dollar amounts in thousands) Pass OLEM Substandard Doubtful Total  
Commercial and industrial:                      
  Owner occupied $ 3,754,875 $ 107,607 $ 257,853 $ 1,158 $ 4,121,493  
  Other commercial and industrial   11,077,669   144,019   424,117   3,739   11,649,544  
Total commercial and industrial $ 14,832,544 $ 251,626 $ 681,970 $ 4,897 $ 15,771,037  
                         
Commercial real estate:                      
  Retail properties $ 1,192,989 $ 82,923 $ 274,398 $ --- $ 1,550,310  
  Multi family   771,062   39,305   89,114   160   899,641  
  Office   945,555   32,253   66,418   3   1,044,229  
  Industrial and warehouse   614,394   8,611   62,758   91   685,854  
  Other commercial real estate   1,103,994   106,089   271,156   550   1,481,789  
Total commercial real estate $ 4,627,994 $ 269,181 $ 763,844 $ 804 $ 5,661,823  
                         
    Credit Risk Profile by FICO score (2)  
    750+ 650-749 <650 Other (3) Total  
Automobile $ 2,184,671 $ 1,865,203 $ 635,653 $ 101,315 $ 4,786,842  
Home equity:                      
  Secured by first-lien   2,268,832   1,352,583   338,310   7,150   3,966,875  
  Secured by second-lien   2,025,956   1,628,397   625,303   1,846   4,281,502  
Residential mortgage   2,505,638   1,835,951   741,243   139,281   5,222,113  
Other consumer   171,990   198,684   78,489   18,623   467,786  
                         
                         
    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 (2)  
    750+ 650-749 <650 Other (3) 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 second-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  
                         
                         
    March 31, 2011  
  Credit Risk Profile by UCS classification  
(dollar amounts in thousands) Pass OLEM Substandard Doubtful Total  
Commercial and industrial:                      
  Owner occupied $ 3,358,895 $ 143,534 $ 356,909 $ 1,340 $ 3,860,677  
  Other commercial and industrial   8,756,730   239,175   430,238   12,035   9,438,178  
Total commercial and industrial $ 12,115,625 $ 382,709 $ 787,147 $ 13,375 $ 13,298,855  
                         
Commercial real estate:                      
  Retail properties $ 1,292,614 $ 88,004 $ 313,895 $ --- $ 1,694,513  
  Multi family   865,378   71,898   134,486   384   1,072,146  
  Office   826,034   119,023   103,080   169   1,048,306  
  Industrial and warehouse   622,456   70,857   97,481   (163)   790,631  
  Other commercial real estate   1,214,139   81,255   395,895   1,370   1,692,659  
Total commercial real estate $ 4,820,621 $ 431,037 $ 1,044,837 $ 1,760 $ 6,298,255  
                         
    Credit Risk Profile by FICO score (2)  
    750+ 650-749 <650 Other (3) Total  
Automobile $ 2,605,609 $ 2,370,657 $ 717,090 $ 109,241 $ 5,802,597  
Home equity:                      
  Secured by first-lien   1,744,699   1,127,451   316,174   5,377   3,193,701  
  Secured by second-lien   2,159,005   1,751,943   678,202   519   4,589,669  
Residential mortgage   1,976,016   1,620,060   775,089   145,882   4,517,047  
Other consumer   199,614   226,940   99,608   19,550   545,712  
                         
(1) Excludes $520,564 thousand of loans and leases acquired in the FDIC-assisted Fidelity Bank acquisition on March 30, 2012.  
(2) Reflects currently updated customer credit scores.  
(3) Reflects deferred fees and costs, loans in process, loans to legal entities, etc.  
(4) Includes $1,250,000 thousand of loans reflected as loans held for sale related to the 2012 first quarter automobile securitization.  
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, 2012, December 31, 2011, and March 31, 2011:

                                 
      Commercial Commercial     Residential Other  
  and Industrial Real Estate Automobile Home Equity Mortgage Consumer Total
                                 
ALLL at March 31, 2012:                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Attributable to loans individually evaluated for impairment $ 21,205 $ 48,485 $ 943 $ 1,302 $ 12,660 $ 418 $ 85,013
    Attributable to loans collectively evaluated for impairment   224,821   291,009   35,609   167,596   76,469   32,552   828,056
  Total ALLL balance $ 246,026 $ 339,494 $ 36,552 $ 168,898 $ 89,129 $ 32,970 $ 913,069
                                 
                                 
Loans and Leases at March 31, 2012:                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Individually evaluated for impairment $ 151,463 $ 360,067 $ 35,521 $ 59,604 $ 324,385 $ 4,346 $ 935,386
    Collectively evaluated for impairment   15,619,574   5,301,756   4,751,321   8,188,773   4,897,728   463,440   39,222,592
  Total loans evaluated for impairment (1) $ 15,771,037 $ 5,661,823 $ 4,786,842 $ 8,248,377 $ 5,222,113 $ 467,786 $ 40,157,978
                                 
                                 
(1) Excludes $520,564 thousand of loans and leases acquired in the FDIC-assisted Fidelity Bank acquisition on March 30, 2012.

                                 
                   
  Commercial and Industrial Commercial Real Estate Automobile Home Equity Residential Mortgage Other 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: $ 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
                                 
                                 
  Commercial and Industrial Commercial Real Estate Automobile Home Equity Residential Mortgage Other Consumer Total
                                 
ALLL at March 31, 2011                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Attributable to loans individually evaluated for impairment $ 43,824 $ 62,161 $ 945 $ 1,780 $ 12,103 $ 483 $ 121,296
    Attributable to loans collectively evaluated for impairment   255,739   448,907   49,917   147,591   84,638   25,138   1,011,930
  Total ALLL balance: $ 299,563 $ 511,068 $ 50,862 $ 149,371 $ 96,741 $ 25,621 $ 1,133,226
                                 
                                 
Loans and Leases at March 31, 2011:                            
(dollar amounts in thousands)                            
                                 
  Portion of ending balance:                            
                                 
    Individually evaluated for impairment $ 187,339 $ 338,239 $ 29,611 $ 39,719 $ 342,015 $ 9,173 $ 946,096
    Collectively evaluated for impairment   13,111,516   5,960,016   5,772,986   7,743,651   4,175,032   536,539   37,299,740
  Total loans evaluated for impairment $ 13,298,855 $ 6,298,255 $ 5,802,597 $ 7,783,370 $ 4,517,047 $ 545,712 $ 38,245,836
                                 
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: (1), (2), (3)

                    Three Months Ended
  March 31, 2012   March 31, 2012
          Unpaid           Interest
      Ending Principal Related   Average Income
(dollar amounts in thousands) Balance Balance (6) Allowance   Balance Recognized
                           
With no related allowance recorded:                      
  Commercial and industrial:                      
    Owner occupied $ 9,567 $ 17,172 $ ---   $ 3,189 $ 24
    Other commercial and industrial   15,837   16,729   ---     5,279   93
  Total commercial and industrial $ 25,404 $ 33,901 $ ---   $ 8,468 $ 117
                           
  Commercial real estate:                      
    Retail properties $ 56,928 $ 58,237 $ ---   $ 48,202 $ 753
    Multi family   6,139   6,283   ---     6,191   97
    Office   1,185   1,254   ---     1,186   25
    Industrial and warehouse   6,473   7,574   ---     7,558   105
    Other commercial real estate   15,681   30,459   ---     20,022   148
  Total commercial real estate $ 86,406 $ 103,807 $ ---   $ 83,159 $ 1,128
                           
With an allowance recorded:                      
  Commercial and industrial: (4)                      
    Owner occupied $ 31,947 $ 40,932 $ 4,835   $ 43,322 $ 402
    Other commercial and industrial   94,112   109,779   16,370     89,095   856
  Total commercial and industrial $ 126,059 $ 150,711 $ 21,205   $ 132,417 $ 1,258
                           
  Commercial real estate: (5)                      
    Retail properties $ 114,960 $ 139,041 $ 27,583   $ 123,791 $ 2,276
    Multi family   36,687   44,501   4,423     37,566   622
    Office   22,294   37,146   2,905     23,077   107
    Industrial and warehouse   22,368   29,228   2,621     26,319   279
    Other commercial real estate   77,352   98,747   10,953     78,888   1,162
  Total commercial real estate $ 273,661 $ 348,663 $ 48,485   $ 289,641 $ 4,446
                           
  Automobile $ 35,521 $ 35,521 $ 943   $ 36,047 $ 822
  Home equity:                      
    Secured by first-lien   43,898   43,898   480     39,870   479
    Secured by second-lien   15,706   15,705   822     16,228   215
  Residential mortgage (7)   324,385   350,714   12,660     330,076   2,937
  Other consumer   4,346   4,346   418     5,283   33

                 
  December 31, 2011
          Unpaid    
      Ending Principal Related
(dollar amounts in thousands) Balance Balance (6) Allowance
                 
With no related allowance recorded:            
  Commercial and industrial:            
    Owner occupied $ --- $ --- $ ---
    Other commercial and industrial   ---   ---   ---
  Total commercial and industrial $ --- $ --- $ ---
                 
  Commercial real estate:            
    Retail properties $ 43,970 $ 45,192 $ ---
    Multi family   6,292   6,435   ---
    Office   1,191   1,261   ---
    Industrial and warehouse   8,163   9,945   ---
    Other commercial real estate   22,396   38,401   ---
  Total commercial real estate $ 82,012 $ 101,234 $ ---
                 
With an allowance recorded:            
  Commercial and industrial:            
    Owner occupied $ 53,613 $ 77,205 $ 7,377
    Other commercial and industrial   100,111   117,469   23,236
  Total commercial and industrial $ 153,724 $ 194,674 $ 30,613
                 
  Commercial real estate:            
    Retail properties $ 129,396 $ 161,596 $ 30,363
    Multi family   38,154   45,138   4,753
    Office   23,568   42,287   2,832
    Industrial and warehouse   29,435   47,373   3,136
    Other commercial real estate   84,837   119,212   14,222
  Total commercial real estate $ 305,390 $ 415,606 $ 55,306
                 
  Automobile $ 36,574 $ 36,574 $ 1,393
  Home equity:            
    Secured by first-lien   35,842   35,842   626
    Secured by second-lien   16,751   16,751   993
  Residential mortgage   335,768   361,161   16,091
  Other consumer   6,220   6,220   530

                    Three Months Ended
  March 31, 2011   March 31, 2011
          Unpaid           Interest
      Ending Principal Related   Average Income
(dollar amounts in thousands) Balance Balance (6) Allowance   Balance Recognized
                           
With no related allowance recorded:                      
  Commercial and industrial:                      
    Owner occupied $ 10,854 $ 23,302 $ ---   $ 12,216 $ 5
    Other commercial and industrial   8,968   19,266   ---     8,678   39
  Total commercial and industrial $ 19,822 $ 42,568 $ ---   $ 20,894 $ 44
                           
  Commercial real estate:                      
    Retail properties $ 8,637 $ 25,033 $ ---   $ 20,115 $ ---
    Multi family   14,808   15,461   ---     8,264   156
    Office   1,278   2,697   ---     1,934   ---
    Industrial and warehouse   2,192   6,296   ---     2,785   ---
    Other commercial real estate   23,384   46,928   ---     24,766   197
  Total commercial real estate $ 50,299 $ 96,415 $ ---   $ 57,864 $ 353
                           
With an allowance recorded:                      
  Commercial and industrial:                      
    Owner occupied $ 65,235 $ 82,045 $ 14,464   $ 72,106 $ 215
    Other commercial and industrial   102,282   141,460   29,360     115,969   476
  Total commercial and industrial $ 167,517 $ 223,505 $ 43,824   $ 188,075 $ 691
                           
  Commercial real estate:                      
    Retail properties $ 115,996 $ 178,765 $ 22,486   $ 87,596 $ 381
    Multi family   29,788   33,682   7,058     37,268   231
    Office   32,530   45,865   5,270     28,668   107
    Industrial and warehouse   36,927   48,015   12,677     36,138   171
    Other commercial real estate   72,699   94,021   14,671     69,778   95
  Total commercial real estate $ 287,940 $ 400,348 $ 62,162   $ 259,448 $ 985
                           
  Automobile $ 29,611 $ 29,611 $ 945   $ 29,687 $ 660
  Home equity:                      
    Secured by first-lien   22,867   22,867   657     21,710   226
    Secured by second-lien   16,852   16,852   1,122     16,778   186
  Residential mortgage   342,015   360,554   12,103     338,107   3,457
  Other consumer   9,173   9,173   483     9,369   172
                           
(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, 2012, the loans acquired in the FDIC-assisted Fidelity Bank acquisition were in process of assessment to determine if any of the loans are considered to be purchased impaired in accordance with ASC 310-30. As such, no loans related to this acquisition are included in this table.
(4) At March 31, 2012, $37,663 thousand of the $126,059 thousand commercial and industrial loans with an allowance recorded were considered impaired due to their status as a TDR.
(5) At March 31, 2012, $28,220 thousand of the $273,661 thousand commercial real estate loans with an allowance recorded were considered impaired due to their status as a TDR.
(6) The differences between the ending balance and unpaid principal balance amounts represent partial charge-offs.
(7) At March 31, 2012, $15,874 thousand of the $324,385 thousand residential mortgages 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 net change in ALLL resulting from the modification for the three-month period ending March 31, 2012:

      New Troubled Debt Restructurings During The
      Three-Month Period Ended March 31, 2012 (1)
               
        Post-modification Net change in  
(dollar amounts in thousands)   Number of Outstanding ALLL resulting  
    Contracts Balance (2) from modification  
                 
C&I - Owner occupied:              
                 
  Interest rate reduction   10 $ 3,781 $ (961)  
  Amortization or maturity date change   17   2,722   (92)  
  Other   4   1,511   230  
Total C&I - Owner occupied   31 $ 8,014 $ (823)  
                 
C&I - Other commercial and industrial:              
                 
  Interest rate reduction   6 $ 1,316 $ 45  
  Amortization or maturity date change   28   4,456   (8)  
  Other   15   29,502   (2,866)  
Total C&I - Other commercial and industrial   49 $ 35,274 $ (2,829)  
                 
CRE - Retail properties:              
                 
  Interest rate reduction   4 $ 2,795 $ (2)  
  Amortization or maturity date change   5   1,758   (18)  
  Other   ---   ---   ---  
Total CRE - Retail properties   9 $ 4,553 $ (20)  
                 
CRE - Multi family:              
                 
  Interest rate reduction   2 $ 334 $ (5)  
  Amortization or maturity date change   10   1,501   (73)  
  Other   4   2,032   (125)  
Total CRE - Multi family   16 $ 3,867 $ (203)  
                 
CRE - Office:              
                 
  Interest rate reduction   3 $ 2,116 $ 363  
  Amortization or maturity date change   ---   ---   ---  
  Other   3   306   ---  
Total CRE - Office   6 $ 2,422 $ 363  
                 
CRE - Industrial and warehouse:              
                 
  Interest rate reduction   1 $ 3,000 $ 4  
  Amortization or maturity date change   3   1,438   64  
  Other   ---   ---   ---  
Total CRE - Industrial and Warehouse   4 $ 4,438 $ 68  
                 
CRE - Other commercial real estate:              
                 
  Interest rate reduction   --- $ --- $ ---  
  Amortization or maturity date change   14   46,676   1,400  
  Other   2   9,435   (1,601)  
Total CRE - Other commercial real estate   16 $ 56,111 $ (201)  
                 
Automobile:              
                 
  Interest rate reduction   13 $ 129 $ 2  
  Amortization or maturity date change   472   3,376   (25)  
  Other   ---   ---   ---  
Total Automobile   485 $ 3,505 $ (23)  
                 
Residential mortgage:              
                 
  Interest rate reduction   1 $ 33 $ ---  
  Amortization or maturity date change   62   7,053   246  
  Other   ---   ---   ---  
Total Residential mortgage   63 $ 7,086 $ 246  
                 
First-lien home equity:              
                 
  Interest rate reduction   67 $ 7,614 $ 1,299  
  Amortization or maturity date change   15   1,635   (5)  
  Other   ---   ---   ---  
Total First-lien home equity   82 $ 9,249 $ 1,294  
                 
Second-lien home equity:              
                 
  Interest rate reduction   22 $ 932 $ 131  
  Amortization or maturity date change   14   608   (16)  
  Other   ---   ---   ---  
Total Second-lien home equity   36 $ 1,540 $ 115  
                 
Other consumer:              
                 
  Interest rate reduction   4 $ 119 $ 9  
  Amortization or maturity date change   5   60   4  
  Other   ---   ---   ---  
Total Other consumer   9 $ 179 $ 13  
                 
(1) No loans acquired in the FDIC-assisted Fidelity Bank acquisition are considered troubled debt restructured loans.  
(2) Post-modification balances approximate pre-modification balances. The aggregate amount of charge-offs as a result of a restructuring are not significant.  

The following table presents TDRs modified within the previous twelve months that have subsequently redefaulted during the three-month period ended March 31, 2012:

 

      Troubled Debt Restructurings Within
      The Previous Twelve Months That
      Have Subsequently Defaulted During
      The Three-Month Period Ended
      March 31, 2012 (1), (2)
           
(dollar amounts in thousands)   Number of Ending
    Contracts Balance
         
           
C&I - Owner occupied:        
           
  Interest rate reduction   1 $ 1,011
  Amortization or maturity date change   1   199
  Other   ---   ---
Total C&I - Owner occupied   2 $ 1,210
           
C&I - Other commercial and industrial:        
           
  Interest rate reduction   --- $ ---
  Amortization or maturity date change   2   144
  Other   2   770
Total C&I - Other commercial and industrial   4 $ 914
           
CRE - Retail Properties:        
           
  Interest rate reduction   --- $ ---
  Amortization or maturity date change   1   224
  Other   ---   ---
Total CRE - Retail properties   1 $ 224
           
CRE - Multi family:        
           
  Interest rate reduction   2 $ 1,998
  Amortization or maturity date change   ---   ---
  Other   ---   ---
Total CRE - Multi family   2 $ 1,998
           
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   3   572
  Other   ---   ---
Total CRE - Other commercial real estate   3 $ 572
           
Automobile:        
           
  Interest rate reduction   2 $ ---
  Amortization or maturity date change   60   ---
  Other   ---   ---
Total Automobile   62 $ ---(3)
           
Residential mortgage:        
           
  Interest rate reduction   --- $ ---
  Amortization or maturity date change   20   2,703
  Other   ---   ---
Total Residential mortgage   20 $ 2,703
           
First-lien home equity:        
           
  Interest rate reduction   8 $ 767
  Amortization or maturity date change   1   14
  Other   ---   ---
Total First-lien home equity   9 $ 781
           
Second-lien home equity:        
           
  Interest rate reduction   1 $ 14
  Amortization or maturity date change   1   15
  Other   ---