Quarterly report pursuant to Section 13 or 15(d)

Loans and Leases and Allowance for Credit Losses (Tables)

v2.4.1.9
Loans and Leases and Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2015
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, 2015 and December 31, 2014:

March 31, December 31,
(dollar amounts in thousands) 2015 2014
Loans and leases:
Commercial and industrial $ 20,108,742 $ 19,033,146
Commercial real estate 5,067,024 5,197,403
Automobile 7,802,542 8,689,902
Home equity 8,492,460 8,490,915
Residential mortgage 5,794,707 5,830,609
Other consumer 430,157 413,751
Loans and leases 47,695,632 47,655,726
Allowance for loan and lease losses (605,126) (605,196)
Net loans and leases $ 47,090,506 $ 47,050,530
Loans acquired with deteriorated credit quality

The following table presents a rollforward of the accretable yield for purchased credit impaired loans by acquisition for the three-month and three-month periods ended March 31, 2015 and 2014:

Three Months Ended
March 31, 2015
(dollar amounts in thousands) 2015 2014
Fidelity Bank
Balance, beginning of period $ 19,388 $ 27,995
Accretion (2,874) (4,004)
Reclassification from nonaccretable difference 3,677 767
Balance, end of period $ 20,191 $ 24,758
Camco Financial
Balance, beginning of period $ 824 $ ---
Impact of acquisition/purchase on March 1, 2014 --- 143
Accretion (336) (9)
Reclassification from nonaccretable difference 391 ---
Balance, end of period $ 879 $ 134

March 31, 2015 December 31, 2014
(dollar amounts in thousands) Ending Balance Unpaid Balance Ending Balance Unpaid Balance
Fidelity Bank
Commercial and industrial $ 20,522 $ 31,120 $ 22,405 $ 33,622
Commercial real estate 33,547 81,590 36,663 87,250
Residential mortgage 2,168 3,053 1,912 3,096
Other consumer 51 119 51 123
Total $ 56,288 $ 115,882 $ 61,031 $ 124,091
Camco Financial
Commercial and industrial $ 856 $ 1,674 $ 823 $ 1,685
Commercial real estate 1,797 2,624 1,708 3,826
Total $ 2,653 $ 4,298 $ 2,531 $ 5,511
Loan Purchases and Sales
Commercial and Industrial Commercial Real Estate Automobile Home Equity Residential Mortgage Other Consumer Total
(dollar amounts in thousands)
Portfolio loans and leases purchased during the:
Three-month period ended March 31, 2015 $ 12,591 $ --- $ --- $ --- $ 31,634 $ --- $ 44,225
Three-month period ended March 31, 2014 $ 40,121 $ --- $ --- $ --- $ --- $ --- $ 40,121
Portfolio loans and leases sold or transferred to loans held for sale during the:
Three-month period ended March 31, 2015 $ 85,700 $ --- $ 1,061,859 (1) $ --- $ --- $ --- $ 1,147,559
Three-month period ended March 31, 2014 $ 54,258 $ 39 $ --- $ --- $ --- $ --- $ 54,297
(1) Reflects the transfer of approximately $1.0 billion in automobile loans to loans held-for-sale at March 31, 2015.
NALs and Past Due Loans

The following table presents NALs by loan class at March 31, 2015 and December 31, 2014:

March 31, December 31,
(dollar amounts in thousands) 2015 2014
Commercial and industrial:
Owner occupied $ 43,540 $ 41,285
Other commercial and industrial 89,823 30,689
Total commercial and industrial $ 133,363 $ 71,974
Commercial real estate:
Retail properties $ 25,863 $ 21,385
Multi family 7,107 9,743
Office 7,193 7,707
Industrial and warehouse 2,195 3,928
Other commercial real estate 6,905 5,760
Total commercial real estate $ 49,263 $ 48,523
Automobile $ 4,448 $ 4,623
Home equity:
Secured by first-lien $ 44,101 $ 46,938
Secured by junior-lien 35,145 31,622
Total home equity $ 79,246 $ 78,560
Residential mortgage $ 98,093 $ 96,564
Other consumer $ --- $ ---
Total nonaccrual loans $ 364,413 $ 300,244
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, 2015 and December 31, 2014: (1)

March 31, 2015
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 $ 8,174 $ 3,016 $ 16,749 $ 27,939 $ 4,161,964 $ 4,189,903 $ ---
Purchased credit-impaired 879 10 3,861 4,750 16,628 21,378 3,861 (3)
Other commercial and industrial 25,176 2,315 11,427 38,918 15,858,543 15,897,461 2,074 (2)
Total commercial and industrial $ 34,229 $ 5,341 $ 32,037 $ 71,607 $ 20,037,135 $ 20,108,742 $ 5,935
Commercial real estate:
Retail properties $ 126 $ 23 $ 10,497 $ 10,646 $ 1,345,248 $ 1,355,894 $ ---
Multi family 1,068 630 4,063 5,761 1,023,952 1,029,713 ---
Office 780 405 1,240 2,425 945,988 948,413 ---
Industrial and warehouse 616 15 1,503 2,134 513,087 515,221 ---
Purchased credit-impaired 1,318 409 16,351 18,078 17,266 35,344 16,351 (3)
Other commercial real estate 384 117 5,249 5,750 1,176,689 1,182,439 ---
Total commercial real estate $ 4,292 $ 1,599 $ 38,903 $ 44,794 $ 5,022,230 $ 5,067,024 $ 16,351
Automobile $ 43,061 $ 6,971 $ 4,910 $ 54,942 $ 7,747,600 $ 7,802,542 $ 4,746
Home equity:
Secured by first-lien $ 14,382 $ 6,352 $ 31,197 $ 51,931 $ 5,102,806 $ 5,154,737 $ 4,367
Secured by junior-lien 19,414 10,463 7,033 36,910 3,300,813 3,337,723 6,765
Total home equity $ 33,796 $ 16,815 $ 38,230 $ 88,841 $ 8,403,619 $ 8,492,460 $ 11,132
Residential mortgage:
Residential mortgage $ 92,277 $ 37,179 $ 126,469 $ 255,925 $ 5,536,614 $ 5,792,539 $ 74,044
Purchased credit-impaired --- --- --- --- 2,168 2,168 ---
Total residential mortgage $ 92,277 $ 37,179 $ 126,469 $ 255,925 $ 5,538,782 $ 5,794,707 $ 74,044 (4)
Other consumer:
Other consumer $ 4,255 $ 1,032 $ 728 $ 6,015 $ 424,091 $ 430,106 $ 727
Purchased credit-impaired --- --- --- --- 51 51 ---
Total other consumer $ 4,255 $ 1,032 $ 728 $ 6,015 $ 424,142 $ 430,157 $ 727
Total loans and leases $ 211,910 $ 68,937 $ 241,277 $ 522,124 $ 47,173,508 $ 47,695,632 $ 112,935
December 31, 2014
90 or more
(dollar amounts in thousands) Past Due Total Loans days past due
30-59 Days 60-89 Days 90 or more days Total Current and Leases and accruing
Commercial and industrial:
Owner occupied $ 5,232 $ 2,981 $ 18,222 $ 26,435 $ 4,228,440 $ 4,254,875 $ ---
Purchased credit-impaired 846 - 4,937 5,783 17,445 23,228 4,937
Other commercial and industrial 15,330 1,536 9,101 25,967 14,729,076 14,755,043 ---
Total commercial and industrial $ 21,408 $ 4,517 $ 32,260 $ 58,185 $ 18,974,961 $ 19,033,146 $ 4,937 (3)
Commercial real estate:
Retail properties $ 7,866 $ - $ 4,021 $ 11,887 $ 1,345,859 $ 1,357,746 $ ---
Multi family 1,517 312 3,337 5,166 1,085,250 1,090,416 ---
Office 464 1,167 4,415 6,046 974,257 980,303 ---
Industrial and warehouse 688 - 2,649 3,337 510,064 513,401 ---
Purchased credit-impaired 89 289 18,793 19,171 19,200 38,371 18,793
Other commercial real estate 847 1,281 3,966 6,094 1,211,072 1,217,166 ---
Total commercial real estate $ 11,471 $ 3,049 $ 37,181 $ 51,701 $ 5,145,702 $ 5,197,403 $ 18,793 (3)
Automobile $ 56,272 $ 10,427 $ 5,963 $ 72,662 $ 8,617,240 $ 8,689,902 $ 5,703
Home equity
Secured by first-lien $ 15,036 $ 8,085 $ 33,014 $ 56,135 $ 5,072,669 $ 5,128,804 $ 4,471
Secured by junior-lien 22,473 12,297 33,406 68,176 3,293,935 3,362,111 7,688
Total home equity $ 37,509 $ 20,382 $ 66,420 $ 124,311 $ 8,366,604 $ 8,490,915 $ 12,159
Residential mortgage
Residential mortgage $ 102,702 $ 42,009 $ 139,379 $ 284,090 $ 5,544,607 $ 5,828,697 $ 88,052
Purchased credit-impaired - --- - - 1,912 1,912 -
Total residential mortgage $ 102,702 $ 42,009 $ 139,379 $ 284,090 $ 5,546,519 $ 5,830,609 $ 88,052 (5)
Other consumer
Other consumer $ 5,491 $ 1,086 $ 837 $ 7,414 $ 406,286 $ 413,700 $ 837
Purchased credit-impaired --- --- --- --- 51 51 ---
Total other consumer $ 5,491 $ 1,086 $ 837 $ 7,414 $ 406,337 $ 413,751 $ 837
Total loans and leases $ 234,853 $ 81,470 $ 282,040 $ 598,363 $ 47,057,363 $ 47,655,726 $ 130,481
(1) NALs are included in this aging analysis based on the loan's past due status.
(2) Amounts include leases acquired with the acquisition of Macquarie at March 31, 2015.
(3) Amounts represent accruing purchased impaired loans related to acquisitions. Under the applicable accounting guidance (ASC 310-30), the loans were recorded at fair value upon acquisition and remain in accruing status.
(4) Includes $53,010 thousand guaranteed by the U.S. government.
(5) Includes $55,012 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, 2015 and 2014:

Commercial
and Commercial Home Residential Other
Industrial Real Estate Automobile Equity Mortgage Consumer Total
(dollar amounts in thousands)
Three-month period ended March 31, 2015:
ALLL balance, beginning of period $ 286,995 $ 102,839 $ 33,466 $ 96,413 $ 47,211 $ 38,272 $ 605,196
Loan charge-offs (24,612) (2,013) (8,103) (8,586) (4,863) (6,898) (55,075)
Recoveries of loans previously charged-off 13,209 6,025 3,855 3,961 2,047 1,546 30,643
Provision (reduction in allowance) for loan and lease losses 8,981 (6,099) 10,200 18,492 10,985 (15,904) 26,655
Allowance for loans sold or transferred to loans held for sale --- --- (2,293) --- --- --- (2,293)
ALLL balance, end of period $ 284,573 $ 100,752 $ 37,125 $ 110,280 $ 55,380 $ 17,016 $ 605,126
AULC balance, beginning of period $ 48,988 $ 6,041 $ --- $ 1,924 $ 8 $ 3,845 $ 60,806
Provision for unfunded loan commitments and letters of credit (6,673) (510) --- 715 1 403 (6,064)
AULC balance, end of period $ 42,315 $ 5,531 $ --- $ 2,639 $ 9 $ 4,248 $ 54,742
ACL balance, end of period $ 326,888 $ 106,283 $ 37,125 $ 112,919 $ 55,389 $ 21,264 $ 659,868

Commercial
and Commercial Home Residential Other
Industrial Real Estate Automobile Equity Mortgage Consumer Total
(dollar amounts in thousands)
Three-month period ended March 31, 2014:
ALLL balance, beginning of period $ 265,801 $ 162,557 $ 31,053 $ 111,131 $ 39,577 $ 37,751 $ 647,870
Loan charge-offs (16,337) (10,110) (8,044) (21,059) (8,986) (8,475) (73,011)
Recoveries of loans previously charged-off 7,731 11,097 3,402 5,372 1,127 1,296 30,025
Provision for loan and lease losses 9,784 (3,238) (1,233) 17,733 7,350 (2,235) 28,161
Allowance for loans sold or transferred to loans held for sale --- --- --- --- --- (1,127) (1,127)
ALLL balance, end of period $ 266,979 $ 160,306 $ 25,178 $ 113,177 $ 39,068 $ 27,210 $ 631,918
AULC balance, beginning of period $ 49,596 $ 9,891 $ --- $ 1,763 $ 9 $ 1,640 $ 62,899
Provision for unfunded loan commitments and letters of credit (3,280) (764) --- 28 (1) 486 (3,531)
AULC balance, end of period $ 46,316 $ 9,127 $ --- $ 1,791 $ 8 $ 2,126 $ 59,368
ACL balance, end of period $ 313,295 $ 169,433 $ 25,178 $ 114,968 $ 39,076 $ 29,336 $ 691,286
Loan and lease balances by credit quality indicator

The following table presents each loan and lease class by credit quality indicator at March 31, 2015 and December 31, 2014:

March 31, 2015
Credit Risk Profile by UCS classification
(dollar amounts in thousands) Pass OLEM Substandard Doubtful Total
Commercial and industrial:
Owner occupied $ 3,863,529 $ 140,076 $ 183,947 $ 2,351 $ 4,189,903
Purchased credit-impaired 3,863 679 16,646 190 21,378
Other commercial and industrial 15,036,890 358,359 499,354 2,858 15,897,461
Total commercial and industrial $ 18,904,282 $ 499,114 $ 699,947 $ 5,399 $ 20,108,742
Commercial real estate:
Retail properties $ 1,282,684 $ 8,824 $ 63,828 $ 558 $ 1,355,894
Multi family 987,543 11,143 29,525 1,502 1,029,713
Office 847,635 50,513 48,210 2,055 948,413
Industrial and warehouse 498,941 277 15,720 283 515,221
Purchased credit-impaired 6,404 854 26,291 1,795 35,344
Other commercial real estate 1,138,062 7,387 35,956 1,034 1,182,439
Total commercial real estate $ 4,761,269 $ 78,998 $ 219,530 $ 7,227 $ 5,067,024
Credit Risk Profile by FICO score (1)
750+ 650-749 <650 Other (2) Total
Automobile $ 3,535,817 $ 2,985,426 $ 1,062,789 $ 218,510 $ 7,802,542
Home equity:
Secured by first-lien $ 3,314,292 $ 1,461,774 $ 290,562 $ 88,109 $ 5,154,737
Secured by junior-lien 1,834,445 1,091,570 364,519 47,189 3,337,723
Total home equity $ 5,148,737 $ 2,553,344 $ 655,081 $ 135,298 $ 8,492,460
Residential mortgage:
Residential mortgage $ 3,368,487 $ 1,740,335 $ 639,632 $ 44,085 $ 5,792,539
Purchased credit-impaired 636 1,219 313 --- 2,168
Total residential mortgage $ 3,369,123 $ 1,741,554 $ 639,945 $ 44,085 $ 5,794,707
Other consumer:
Other consumer $ 196,239 $ 196,102 $ 29,047 $ 8,718 $ 430,106
Purchased credit-impaired --- 51 --- --- 51
Total other consumer $ 196,239 $ 196,153 $ 29,047 $ 8,718 $ 430,157
December 31, 2014
Credit Risk Profile by UCS classification
(dollar amounts in thousands) Pass OLEM Substandard Doubtful Total
Commercial and industrial:
Owner occupied $ 3,959,046 $ 117,637 $ 175,767 $ 2,425 $ 4,254,875
Purchased credit-impaired 3,915 741 14,901 3,671 23,228
Other commercial and industrial 13,925,334 386,666 440,036 3,007 14,755,043
Total commercial and industrial $ 17,888,295 $ 505,044 $ 630,704 $ 9,103 $ 19,033,146
Commercial real estate:
Retail properties $ 1,279,064 $ 10,204 $ 67,911 $ 567 $ 1,357,746
Multi family 1,044,521 12,608 32,322 965 1,090,416
Office 902,474 33,107 42,578 2,144 980,303
Industrial and warehouse 487,454 7,877 17,781 289 513,401
Purchased credit-impaired 6,914 803 25,460 5,194 38,371
Other commercial real estate 1,166,293 9,635 40,019 1,219 1,217,166
Total commercial real estate $ 4,886,720 $ 74,234 $ 226,071 $ 10,378 $ 5,197,403
Credit Risk Profile by FICO score (1)
750+ 650-749 <650 Other (2) Total
Automobile $ 4,165,811 $ 3,249,141 $ 1,028,381 $ 246,569 $ 8,689,902
Home equity:
Secured by first-lien $ 3,255,088 $ 1,426,191 $ 283,152 $ 164,373 $ 5,128,804
Secured by junior-lien 1,832,663 1,095,332 348,825 85,291 3,362,111
Total home equity $ 5,087,751 $ 2,521,523 $ 631,977 $ 249,664 $ 8,490,915
Residential mortgage
Residential mortgage $ 3,285,310 $ 1,785,137 $ 666,562 $ 91,688 $ 5,828,697
Purchased credit-impaired 594 1,135 183 --- 1,912
Total residential mortgage $ 3,285,904 $ 1,786,272 $ 666,745 $ 91,688 $ 5,830,609
Other consumer
Other consumer $ 195,128 $ 187,781 $ 30,582 $ 209 $ 413,700
Purchased credit-impaired --- 51 - --- 51
Total other consumer $ 195,128 $ 187,832 $ 30,582 $ 209 $ 413,751
(1) Reflects currently updated customer credit scores.
(2) Reflects deferred fees and costs, loans in process, loans to legal entities, etc.
Summarized data for impaired loans and the related ALLL by portfolio segment

The following tables present the balance of the ALLL attributable to loans by portfolio segment individually and collectively evaluated for impairment and the related loan and lease balance at March 31, 2015 and December 31, 2014:

Commercial
and Commercial Home Residential Other
(dollar amounts in thousands) Industrial Real Estate Automobile Equity Mortgage Consumer Total
ALLL at March 31, 2015:
Portion of ALLL balance:
Attributable to purchased credit-impaired loans $ 2,103 $ --- $ --- $ --- $ 7 $ 259 $ 2,369
Attributable to loans individually evaluated for impairment 18,475 21,175 1,588 29,921 13,596 107 84,862
Attributable to loans collectively evaluated for impairment 263,995 79,577 35,537 80,359 41,777 16,650 517,895
Total ALLL balance $ 284,573 $ 100,752 $ 37,125 $ 110,280 $ 55,380 $ 17,016 $ 605,126
Loan and Lease Ending Balances at March 31, 2015:
Portion of loan and lease ending balance:
Attributable to purchased credit-impaired loans $ 21,378 $ 35,344 $ --- $ --- $ 2,168 $ 51 $ 58,941
Individually evaluated for impairment 320,088 205,452 30,159 323,416 373,709 5,045 1,257,869
Collectively evaluated for impairment 19,767,276 4,826,228 7,772,383 8,169,044 5,418,830 425,061 46,378,822
Total loans and leases evaluated for impairment $ 20,108,742 $ 5,067,024 $ 7,802,542 $ 8,492,460 $ 5,794,707 $ 430,157 $ 47,695,632

Commercial
and Commercial Home Residential Other
(dollar amounts in thousands) Industrial Real Estate Automobile Equity Mortgage Consumer Total
ALLL at December 31, 2014
Portion of ALLL balance:
Attributable to purchased credit-impaired loans $ 3,846 $ --- $ --- $ --- $ 8 $ 245 $ 4,099
Attributable to loans individually evaluated for impairment 11,049 18,887 1,531 26,027 16,535 214 74,243
Attributable to loans collectively evaluated for impairment 272,100 83,952 31,935 70,386 30,668 37,813 526,854
Total ALLL balance: $ 286,995 $ 102,839 $ 33,466 $ 96,413 $ 47,211 $ 38,272 $ 605,196
Loan and Lease Ending Balances at December 31, 2014
Portion of loan and lease ending balances:
Attributable to purchased credit-impaired loans $ 23,228 $ 38,371 $ --- $ --- $ 1,912 $ 51 $ 63,562
Individually evaluated for impairment 216,993 217,262 30,612 310,446 369,577 4,088 1,148,978
Collectively evaluated for impairment 18,792,925 4,941,770 8,659,290 8,180,469 5,459,120 409,612 46,443,186
Total loans and leases evaluated for impairment $ 19,033,146 $ 5,197,403 $ 8,689,902 $ 8,490,915 $ 5,830,609 $ 413,751 $ 47,655,726
Detailed impaired loan information by class

The following tables present by class the ending, unpaid principal balance, and the related ALLL, along with the average balance and interest income recognized only for loans and leases individually evaluated for impairment and purchased credit-impaired loans: (1), (2)

Three Months Ended
March 31, 2015 March 31, 2015
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 $ 9,893 $ 10,551 $ --- $ 12,264 $ 74
Purchased credit-impaired --- --- --- --- ---
Other commercial and industrial 73,861 91,609 --- 41,552 338
Total commercial and industrial $ 83,754 $ 102,160 $ --- $ 53,816 $ 412
Commercial real estate:
Retail properties $ 49,892 $ 79,980 $ --- $ 57,556 $ 496
Multi family --- --- --- --- ---
Office 2,793 5,967 --- 1,680 31
Industrial and warehouse --- --- --- 526 7
Purchased credit-impaired 35,344 84,214 --- 36,857 1,925
Other commercial real estate 1,484 2,119 --- 4,354 46
Total commercial real estate $ 89,513 $ 172,280 $ --- $ 100,973 $ 2,505
Automobile $ --- $ --- $ --- $ --- $ ---
Home equity:
Secured by first-lien $ --- $ --- $ --- $ --- $ ---
Secured by junior-lien --- --- --- --- ---
Total home equity $ --- $ --- $ --- $ --- $ ---
Residential mortgage:
Residential mortgage $ --- $ --- $ --- $ --- $ ---
Purchased credit-impaired --- --- --- --- ---
Total residential mortgage $ --- $ --- $ --- $ --- $ ---
Other consumer
Other consumer $ --- $ --- $ --- $ --- $ ---
Purchased credit-impaired --- --- --- --- ---
Total other consumer $ --- $ --- $ --- $ --- $ ---
With an allowance recorded:
Commercial and industrial: (3)
Owner occupied $ 62,926 $ 76,673 $ 4,642 $ 50,705 $ 440
Purchased credit-impaired 21,378 32,794 2,103 22,303 1,164
Other commercial and industrial 173,408 192,178 13,833 148,098 1,036
Total commercial and industrial $ 257,712 $ 301,645 $ 20,578 $ 221,106 $ 2,640
Commercial real estate: (4)
Retail properties $ 47,628 $ 51,976 $ 6,681 $ 40,572 $ 363
Multi family 16,173 22,365 2,506 15,625 170
Office 48,423 53,794 7,524 50,628 563
Industrial and warehouse 7,167 10,764 543 7,949 82
Purchased credit-impaired --- --- --- --- ---
Other commercial real estate 31,892 38,911 3,921 29,605 354
Total commercial real estate $ 151,283 $ 177,810 $ 21,175 $ 144,379 $ 1,532
Automobile $ 30,159 $ 30,328 $ 1,588 $ 30,385 $ 561
Home equity:
Secured by first-lien $ 147,524 $ 153,314 $ 10,635 $ 146,545 $ 1,584
Secured by junior-lien 175,892 209,537 19,286 170,386 1,985
Total home equity $ 323,416 $ 362,851 $ 29,921 $ 316,931 $ 3,569
Residential mortgage (6):
Residential mortgage $ 373,709 $ 418,661 $ 13,596 $ 371,643 $ 3,122
Purchased credit-impaired 2,168 3,053 7 2,040 3
Total residential mortgage $ 375,877 $ 421,714 $ 13,603 $ 373,683 $ 3,125
Other consumer:
Other consumer $ 5,045 $ 5,045 $ 107 $ 4,566 $ 62
Purchased credit-impaired 51 118 259 51 118
Total other consumer $ 5,096 $ 5,163 $ 366 $ 4,617 $ 180

Three Months Ended
December 31, 2014 March 31, 2014
Unpaid Interest
Ending Principal Related Average Income
(dollar amounts in thousands) Balance Balance (5) Allowance Balance Recognized
With no related allowance recorded:
Commercial and industrial:
Owner occupied $ 13,536 $ 13,536 $ --- $ 4,906 $ 49
Purchased credit-impaired --- --- --- --- ---
Other commercial and industrial 24,309 26,858 --- 7,610 97
Total commercial and industrial $ 37,845 $ 40,394 $ --- $ 12,516 $ 146
Commercial real estate:
Retail properties $ 61,915 $ 91,627 $ --- $ 54,290 $ 605
Multi family --- --- --- --- ---
Office 1,130 3,574 --- 6,406 189
Industrial and warehouse 3,447 3,506 --- 9,087 108
Purchased credit-impaired 38,371 91,075 --- 79,396 2,666
Other commercial real estate 6,608 6,815 --- 5,827 57
Total commercial real estate $ 111,471 $ 196,597 $ --- $ 155,006 $ 3,625
Automobile $ --- $ --- $ --- $ --- $ ---
Home equity:
Secured by first-lien $ --- $ --- $ --- $ --- $ ---
Secured by junior-lien --- --- --- --- ---
Total home equity $ --- $ --- $ --- $ --- $ ---
Residential mortgage:
Residential mortgage $ --- $ --- $ --- $ --- $ ---
Purchased credit-impaired --- --- --- --- ---
Total residential mortgage $ --- $ --- $ --- $ --- $ ---
Other consumer
Other consumer $ --- $ --- $ --- $ --- $ ---
Purchased credit-impaired --- --- --- --- ---
Total other consumer $ --- $ --- $ --- $ --- $ ---
With an allowance recorded:
Commercial and industrial: (3)
Owner occupied $ 44,869 $ 53,639 $ 4,220 $ 39,229 $ 399
Purchased credit-impaired 23,228 35,307 3,846 35,961 1,265
Other commercial and industrial 134,279 162,908 6,829 51,532 592
Total commercial and industrial $ 202,376 $ 251,854 $ 14,895 $ 126,722 $ 2,256
Commercial real estate: (4)
Retail properties $ 37,081 $ 38,397 $ 3,536 $ 68,637 $ 577
Multi family 17,277 23,725 2,339 14,739 152
Office 52,953 56,268 8,399 51,189 536
Industrial and warehouse 8,888 10,396 720 9,196 48
Purchased credit-impaired --- --- --- --- ---
Other commercial real estate 27,963 33,472 3,893 44,090 474
Total commercial real estate $ 144,162 $ 162,258 $ 18,887 $ 187,851 $ 1,787
Automobile $ 30,612 $ 32,483 $ 1,531 $ 35,076 $ 683
Home equity:
Secured by first-lien $ 145,566 $ 157,978 $ 8,296 $ 112,420 $ 1,239
Secured by junior-lien 164,880 208,118 17,731 103,589 1,314
Total home equity $ 310,446 $ 366,096 $ 26,027 $ 216,009 $ 2,553
Residential mortgage (6):
Residential mortgage $ 369,577 $ 415,280 $ 16,535 $ 378,287 $ 2,864
Purchased credit-impaired 1,912 3,096 8 2,378 78
Total residential mortgage $ 371,489 $ 418,376 $ 16,543 $ 380,665 $ 2,942
Other consumer:
Other consumer $ 4,088 $ 4,209 $ 214 $ 1,444 $ 33
Purchased credit-impaired 51 123 245 128 4
Total other consumer $ 4,139 $ 4,332 $ 459 $ 1,572 $ 37

(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, 2015, $70,957 thousand of the $257,712 thousand commercial and industrial loans with an allowance recorded were considered impaired due to their status as a TDR. At December 31, 2014, $62,737 thousand of the $202,376 thousand commercial and industrial loans with an allowance recorded were considered impaired due to their status as a TDR.
(4) At March 31, 2015, $29,126 thousand of the $151,283 thousand commercial real estate loans with an allowance recorded were considered impaired due to their status as a TDR. At December 31, 2014, $27,423 thousand of the $144,162 thousand commercial real estate loans with an allowance recorded were considered impaired due to their status as a TDR.
(5) The differences between the ending balance and unpaid principal balance amounts represent partial charge-offs.
(6) At March 31, 2015, $31,238 thousand of the $375,877 thousand residential mortgages loans with an allowance recorded were guaranteed by the U.S. government. At December 31, 2014, $24,470 thousand of the $371,489 thousand residential mortgage loans with an allowance recorded were guaranteed by the U.S. government.
Detailed troubled debt restructuring information by class

The following tables present by class and by the reason for the modification, the number of contracts, post-modification outstanding balance, and the financial effects of the modification for the three-month periods ended March 31, 2015 and 2014:

New Troubled Debt Restructurings During The Three-Month Period Ended (1)
March 31, 2015 March 31, 2014
Post-modification Post-modification
Outstanding Financial Outstanding Financial
(dollar amounts in thousands) Number of Ending effects of Number of Ending effects of
Contracts Balance modification (2) Contracts Balance modification (2)
C&I - Owner occupied:
Interest rate reduction 1 $ 46 $ (1) 6 $ 924 $ (1)
Amortization or maturity date change 46 10,461 (174) 18 4,609 4
Other 3 613 (29) 2 840 (1)
Total C&I - Owner occupied 50 $ 11,120 $ (204) 26 $ 6,373 $ 2
C&I - Other commercial and industrial:
Interest rate reduction 1 $ 30 $ --- 10 $ 27,994 $ (147)
Amortization or maturity date change 117 80,376 814 54 32,600 937
Other 5 28,388 (430) 4 4,366 23
Total C&I - Other commercial and industrial 123 $ 108,794 $ 384 68 $ 64,960 $ 813
CRE - Retail properties:
Interest rate reduction 1 $ 1,657 $ (11) 3 $ 11,105 $ 421
Amortization or maturity date change 11 4,577 (199) 5 12,238 52
Other --- --- --- 6 9,897 (91)
Total CRE - Retail properties 12 $ 6,234 $ (210) 14 $ 33,240 $ 382
CRE - Multi family:
Interest rate reduction --- $ --- $ --- 10 $ 645 $ ---
Amortization or maturity date change 19 5,045 (1) 4 203 (1)
Other --- --- --- 2 323 ---
Total CRE - Multi family 19 $ 5,045 $ (1) 16 $ 1,171 $ (1)
CRE - Office:
Interest rate reduction --- $ --- $ --- 2 $ 120 $ (1)
Amortization or maturity date change 5 26,085 (31) 4 3,132 ---
Other --- --- --- 1 10,784 ---
Total CRE - Office 5 $ 26,085 $ (31) 7 $ 14,036 $ (1)
CRE - Industrial and warehouse:
Interest rate reduction --- $ --- $ --- 2 $ 4,046 $ ---
Amortization or maturity date change 1 226 --- 3 1,173 (4)
Other --- --- --- 1 977 ---
Total CRE - Industrial and Warehouse 1 $ 226 $ --- 6 $ 6,196 $ (4)
CRE - Other commercial real estate:
Interest rate reduction --- $ --- $ --- 4 $ 4,304 $ 7
Amortization or maturity date change 7 3,659 10 21 46,536 126
Other 1 152 --- 2 928 (1)
Total CRE - Other commercial real estate 8 $ 3,811 $ 10 27 $ 51,768 $ 132
Automobile:
Interest rate reduction 13 $ 19 $ 1 1 $ 2 $ ---
Amortization or maturity date change 496 3,352 158 206 1,349 (7)
Chapter 7 bankruptcy 144 1,223 100 180 1,361 (26)
Other --- --- --- --- --- ---
Total Automobile 653 $ 4,594 $ 259 387 $ 2,712 $ (33)
Residential mortgage:
Interest rate reduction 5 $ 476 $ (4) 8 $ 788 $ 18
Amortization or maturity date change 123 13,858 (121) 68 8,018 103
Chapter 7 bankruptcy 34 4,176 (124) 85 9,007 282
Other 6 708 --- 1 105 ---
Total Residential mortgage 168 $ 19,218 $ (249) 162 $ 17,918 $ 403
First-lien home equity:
Interest rate reduction 10 $ 1,419 $ 26 50 $ 3,808 $ 191
Amortization or maturity date change 49 3,611 (303) 40 2,590 (426)
Chapter 7 bankruptcy 26 1,585 80 21 1,389 3
Other --- --- --- --- --- ---
Total First-lien home equity 85 $ 6,615 $ (197) 111 $ 7,787 $ (232)
Junior-lien home equity:
Interest rate reduction 4 $ 251 $ 15 87 $ 2,867 $ (50)
Amortization or maturity date change 347 16,507 (2,936) 241 9,660 (1,852)
Chapter 7 bankruptcy 51 775 887 59 925 536
Other --- --- --- --- --- ---
Total Junior-lien home equity 402 $ 17,533 $ (2,034) 387 $ 13,452 $ (1,366)
Other consumer:
Interest rate reduction --- $ --- $ --- --- $ --- $ ---
Amortization or maturity date change 4 95 4 4 20 ---
Chapter 7 bankruptcy 2 6 1 3 23 (1)
Other --- --- --- --- --- ---
Total Other consumer 6 $ 101 $ 5 7 $ 43 $ (1)
Total new troubled debt restructurings 1,532 $ 209,376 $ (2,268) 1,218 $ 219,656 $ 94
(1) TDRs may include multiple concessions and the disclosure classifications are based on the primary concession provided to the borrower.
(2) Amounts represent the financial impact via provision for loan and lease losses as a result of the modification.

The following tables present TDRs that have defaulted within one year of modification during the three-month periods ended March 31, 2015 and 2014:

Troubled Debt Restructurings That Have Redefaulted (1)
Within One Year Of Modification During The Three Months Ended
March 31, 2015 March 31, 2014
Number of Ending Number of Ending
(dollar amounts in thousands) Contracts Balance Contracts Balance
C&I - Owner occupied:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change 1 149 --- ---
Other --- --- 1 230
Total C&I - Owner occupied 1 $ 149 1 $ 230
C&I - Other commercial and industrial:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change 2 114 4 324
Other --- --- --- ---
Total C&I - Other commercial and industrial 2 $ 114 4 $ 324
CRE - Retail Properties:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change --- --- --- ---
Other 1 6,482 --- ---
Total CRE - Retail properties 1 $ 6,482 --- $ ---
CRE - Multi family:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change --- --- --- ---
Other 3 769 --- ---
Total CRE - Multi family 3 $ 769 --- $ ---
CRE - Office:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change --- --- --- ---
Other 1 996 --- ---
Total CRE - Office 1 $ 996 --- $ ---
CRE - Industrial and Warehouse:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change --- --- --- ---
Other --- --- --- ---
Total CRE - Industrial and Warehouse --- $ --- --- $ ---
CRE - Other commercial real estate:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change --- --- 1 561
Other --- --- --- ---
Total CRE - Other commercial real estate --- $ --- 1 $ 561
Automobile:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change 6 110 19 104
Chapter 7 bankruptcy 7 50 13 70
Other --- --- --- ---
Total Automobile 13 $ 160 32 $ 174
Residential mortgage:
Interest rate reduction 1 $ 61 2 $ ---
Amortization or maturity date change 16 1,776 29 3
Chapter 7 bankruptcy 2 250 15 2
Other --- --- --- ---
Total Residential mortgage 19 $ 2,087 46 $ 5
First-lien home equity:
Interest rate reduction 1 $ 155 1 $ 113
Amortization or maturity date change 2 78 4 615
Chapter 7 bankruptcy 19 1,723 3 201
Other --- --- --- ---
Total First-lien home equity 22 $ 1,956 8 $ 929
Junior-lien home equity:
Interest rate reduction 1 $ 37 --- $ ---
Amortization or maturity date change 12 459 6 330
Chapter 7 bankruptcy 9 214 16 570
Other --- --- --- ---
Total Junior-lien home equity 22 $ 710 22 $ 900
Other consumer:
Interest rate reduction --- $ --- --- $ ---
Amortization or maturity date change --- --- --- ---
Chapter 7 bankruptcy --- --- --- ---
Other --- --- --- ---
Total Other consumer --- $ --- --- $ ---
Total troubled debt restructurings with subsequent redefault 84 $ 13,423 114 $ 3,123
(1) Subsequent redefault is defined as a payment redefault within 12 months of the restructuring date. Payment redefault is defined as 90-days past due for any loan within any portfolio or class. Any loan may be considered to be in payment redefault prior to the guidelines noted above when collection of principal or interest is in doubt.