Allowance for Loan and Lease Losses | Allowance for Loan and Lease Losses The following tables present the changes in the allowance for loan and lease losses and the recorded investment in loans and leases by portfolio segment for the periods indicated: Year Ended December 31, 2019 Commercial Real Estate Commercial Consumer Total (In Thousands) Balance at December 31, 2018 $ 28,187 $ 25,283 $ 5,222 $ 58,692 Charge-offs — (8,911 ) (127 ) (9,038 ) Recoveries — 1,688 179 1,867 Provision for loan and lease losses 2,098 6,766 697 9,561 Balance at December 31, 2019 $ 30,285 $ 24,826 $ 5,971 $ 61,082 Year Ended December 31, 2018 Commercial Real Estate Commercial Consumer Total (In Thousands) Balance at December 31, 2017 $ 27,112 $ 26,333 $ 5,147 $ 58,592 Charge-offs (103 ) (6,585 ) (540 ) (7,228 ) Recoveries — 2,287 290 2,577 Provision for loan and lease losses 1,178 3,248 325 4,751 Balance at December 31, 2018 $ 28,187 $ 25,283 $ 5,222 $ 58,692 Year Ended December 31, 2017 Commercial Real Estate Commercial Consumer Total (In Thousands) Balance at December 31, 2016 $ 27,645 $ 20,906 $ 5,115 $ 53,666 Charge-offs (494 ) (14,914 ) (403 ) (15,811 ) Recoveries 476 1,158 319 1,953 (Credit) provision for loan and lease losses (515 ) 19,183 116 18,784 Balance at December 31, 2017 $ 27,112 $ 26,333 $ 5,147 $ 58,592 The liability for unfunded credit commitments, which is included in other liabilities, remained $1.9 million , at December 31, 2019 , and 2018 , respectively. The changes in the liability for unfunded credit commitments reflect changes in the estimate of loss exposure associated with certain unfunded credit commitments. No credit commitments were charged off against the liability account in the years ended December 31, 2019 , and 2018 . Provision for Credit Losses The provisions for credit losses are set forth below for the periods indicated: Originated Acquired Total Year Ended December 31, Year Ended December 31, Year Ended December 31, 2019 2018 2017 2019 2018 2017 2019 2018 2017 (In Thousands) Provision (credit) for loan and lease losses: Commercial real estate $ 1,798 $ 254 $ (343 ) $ 300 $ 924 $ (172 ) $ 2,098 $ 1,178 $ (515 ) Commercial 6,539 3,699 18,899 227 (451 ) 284 6,766 3,248 19,183 Consumer 713 556 273 (16 ) (231 ) (157 ) 697 325 116 Total provision (credit) for loan and lease losses 9,050 4,509 18,829 511 242 (45 ) 9,561 4,751 18,784 Unfunded credit commitments 22 200 204 — — — 22 200 204 Total provision (credit) for credit losses $ 9,072 $ 4,709 $ 19,033 $ 511 $ 242 $ (45 ) $ 9,583 $ 4,951 $ 18,988 Allowance for Loan and Lease Losses Methodology Management has established a methodology to determine the adequacy of the allowance for loan and lease losses that assesses the risks and losses inherent in the loan and lease portfolio. Additions to the allowance for loan and lease losses are made by charges to the provision for credit losses. Losses on loans and leases are charged off against the allowance when all or a portion of a loan or lease is considered uncollectible. Subsequent recoveries on loans previously charged off, if any, are credited to the allowance when realized. For each class of loan, management makes significant judgments in selecting the estimation method that fits the credit characteristics of its class and portfolio segment as set forth below. Also refer to Note 1, "Basis of Presentation," in the consolidated financial statements for more information on the Company's allowance of loan and lease losses methodology. As of December 31, 2019 , management believes that the methodology for calculating the allowance provides a reasonable basis for determining and reporting on probable losses in the Company’s loan portfolios. As of December 31, 2019 , the Company had a portfolio of approximately $10.3 million in loans secured by taxi medallions issued by the cities of Boston and Cambridge. As of December 31, 2018 , this portfolio was approximately $13.7 million . Application-based mobile ride services, such as Uber and Lyft, have generated increased competition in the transportation sector, resulting in a reduction in taxi utilization and, as a result, a reduction in the collateral value and credit quality of taxi medallion loans. This has increased the likelihood that loans secured by taxi medallions may default, or that the borrowers may be unable to repay these loans at maturity, resulting in an increase in past due loans, troubled debt restructurings, and charge-offs. Therefore, beginning with the three months ended September 30, 2015, the Company’s allowance calculation included an enhanced segmentation of the commercial loans and leases to reflect the increased risk in the Company’s taxi medallion portfolio. This allowance calculation segmentation represents management’s estimations of the special risks associated with the taxi portfolio. As of December 31, 2019 , the Company had an allowance for loan and lease losses associated with taxi medallion loans of $2.1 million of which $0.6 million were specific reserves and $1.5 million was a general reserve. As of December 31, 2018 , the Company had a reserve for loan and lease losses associated with taxi medallion loans of $2.5 million of which $1.9 million were specific reserves and $0.6 million was a general reserve. The decrease in the allowance for loans associated with taxi medallion loans was primarily driven by the decrease in specific reserves due to charge-offs, partially offset by the increase in the general reserve due to the downgrade of a taxi relationship. The total troubled debt restructured loans secured by taxi medallions decreased from $3.7 million at December 31, 2018 to $1.0 million at December 31, 2019 . The total loans secured by taxi medallions that were placed on nonaccrual decreased to $1.3 million at December 31, 2019 from $3.7 million at December 31, 2018 . The decrease in total loans secured by taxi medallions was primarily driven by the net charge-offs of $1.7 million and the pay down in taxi medallion loans. Further declines in demand for taxi services or further deterioration in the value of taxi medallions may result in higher delinquencies and losses beyond that provided for in the allowance for loan and lease losses. The general allowance for loan and lease losses was $59.3 million as of December 31, 2019 , compared to $55.6 million as of December 31, 2018 . The general portion of the allowance for loan and lease losses increased by $3.7 million during the year ended December 31, 2019 , as a result of the continued growth in the Company's loan portfolios, partly offset by decreases in historical loss factors applied to the commercial real estate and commercial loan portfolios. The specific allowance for loan and lease losses was $1.8 million as of December 31, 2019 , compared to $3.1 million as of December 31, 2018 . The specific allowance for loan and lease losses decreased by $1.3 million during the year ended December 31, 2019 , which was primarily driven by the charge-offs on the specific reserves for taxi medallion loans during the year. Credit Quality Assessment At the time of loan origination, a rating is assigned based on the capacity to pay and general financial strength of the borrower, the value of assets pledged as collateral, and the evaluation of third party support such as a guarantor. The Company periodically monitors the quality of the loan portfolio using all available information. The officer responsible for handling each loan is required to initiate changes to risk ratings when changes in facts and circumstances occur that warrant an upgrade or downgrade in a loan rating. Based on this information, loans demonstrating certain payment issues or other weaknesses may be categorized as delinquent, impaired, nonperforming and/or put on nonaccrual status. Additionally, in the course of resolving such loans, the Company may choose to restructure the contractual terms of certain loans to match the borrower's ability to repay the loan based on their current financial condition. If a restructured loan meets certain criteria, it may be categorized as a troubled debt restructuring. The Company reviews numerous credit quality indicators when assessing the risk in its loan portfolio. For all loans, the Company utilizes an eight-grade loan rating system, which assigns a risk rating to each borrower based on a number of quantitative and qualitative factors associated with a loan transaction. Factors considered include industry and market conditions; position within the industry; earnings trends; operating cash flow; asset/liability values; debt capacity; guarantor strength; management and controls; financial reporting; collateral; and other considerations. In addition, the Company's independent loan review group evaluates the credit quality and related risk ratings in all loan portfolios. The results of these reviews are reported to the Risk Committee of the Board of Directors on a periodic basis and annually to the Board of Directors. For the consumer loans, the Company heavily relies on payment status for calibrating credit risk. The ratings categories used for assessing credit risk in the commercial real estate, multi-family mortgage, construction, commercial, equipment financing, condominium association and other consumer loan and lease classes are defined as follows: 1 -4 Rating—Pass Loan rating grades "1" through "4" are classified as "Pass," which indicates borrowers are performing in accordance with the terms of the loan and are less likely to result in loss due to the capacity of the borrower to pay and the adequacy of the value of assets pledged as collateral. 5 Rating—Other Assets Especially Mentioned ("OAEM") Borrowers exhibit potential credit weaknesses or downward trends deserving management's attention. If not checked or corrected, these trends will weaken the Company's asset and position. While potentially weak, currently these borrowers are marginally acceptable; no loss of principal or interest is envisioned. 6 Rating—Substandard Borrowers exhibit well defined weaknesses that jeopardize the orderly liquidation of debt. Substandard loans may be inadequately protected by the current net worth and paying capacity of the obligors or by the collateral pledged, if any. Normal repayment from the borrower is in jeopardy. Although no loss of principal is envisioned, there is a distinct possibility that a partial loss of interest and/or principal will occur if the deficiencies are not corrected. Collateral coverage may be inadequate to cover the principal obligation. 7 Rating—Doubtful Borrowers exhibit well-defined weaknesses that jeopardize the orderly liquidation of debt with the added provision that the weaknesses make collection of the debt in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Serious problems exist to the point where partial loss of principal is likely. 8 Rating—Definite Loss Borrowers deemed incapable of repayment. Loans to such borrowers are considered uncollectible and of such little value that continuation as active assets of the Company is not warranted. Assets rated as "OAEM," "substandard" or "doubtful" based on criteria established under banking regulations are collectively referred to as "criticized" assets. Credit Quality Information The following tables present the recorded investment in loans in each class as of December 31, 2019 by credit quality indicator. At December 31, 2019 Commercial Real Estate Multi- Family Mortgage Construction Commercial Equipment Financing Condominium Association Other Consumer Total (In Thousands) Originated: Loan rating: Pass $ 2,379,925 $ 896,398 $ 239,015 $ 688,268 $ 1,038,793 $ 56,687 $ 38,673 $ 5,337,759 OAEM 17,006 — — 10,803 1,389 — — 29,198 Substandard 3,106 84 — 14,801 7,995 151 1 26,138 Doubtful — — — 3 1,820 — — 1,823 Total originated 2,400,037 896,482 239,015 713,875 1,049,997 56,838 38,674 5,394,918 Acquired: Loan rating: Pass 81,360 35,681 7,033 15,215 2,404 — 108 141,801 OAEM 597 — — 210 — — — 807 Substandard 9,017 — — 202 7 — — 9,226 Total acquired 90,974 35,681 7,033 15,627 2,411 — 108 151,834 Total loans $ 2,491,011 $ 932,163 $ 246,048 $ 729,502 $ 1,052,408 $ 56,838 $ 38,782 $ 5,546,752 As of December 31, 2019 , there were no loans categorized as definite loss. At December 31, 2019 Residential Mortgage Home Equity ($ In Thousands) Originated: Loan-to-value ratio: Less than 50% $ 184,628 22.7 % $ 132,736 35.2 % 50% - 69% 293,976 36.1 % 91,681 24.3 % 70% - 79% 204,600 25.1 % 81,459 21.6 % 80% and over 25,664 3.2 % 37,371 9.9 % Data not available* 2,654 0.3 % — — % Total originated 711,522 87.4 % 343,247 91.0 % Acquired: Loan-to-value ratio: Less than 50% 32,838 4.0 % 16,882 4.5 % 50%—69% 44,754 5.4 % 7,958 2.1 % 70%—79% 14,305 1.8 % 705 0.2 % 80% and over 4,608 0.6 % 4,726 1.3 % Data not available* 6,218 0.8 % 3,301 0.9 % Total acquired 102,723 12.6 % 33,572 9.0 % Total loans $ 814,245 100.0 % $ 376,819 100.0 % _______________________________________________________________________________ * Represents accounts for which data are not available. The following tables present the recorded investment in loans in each class as of December 31, 2018 by credit quality indicator. At December 31, 2018 Commercial Real Estate Multi- Family Mortgage Construction Commercial Equipment Financing Condominium Association Other Consumer Total (In Thousands) Originated: Loan rating: Pass $ 2,198,377 $ 799,483 $ 150,742 $ 685,773 $ 969,275 $ 50,186 $ 23,249 $ 4,877,085 OAEM 6,096 — — 3,726 52 — — 9,874 Substandard 4,431 330 396 22,870 6,895 265 11 35,198 Doubtful — — — 261 2,618 — — 2,879 Total originated 2,208,904 799,813 151,138 712,630 978,840 50,451 23,260 4,925,036 Acquired: Loan rating: Pass 111,919 47,715 22,162 23,250 3,240 — 110 208,396 OAEM 626 — — 236 — — — 862 Substandard 9,276 183 — 302 9 — — 9,770 Total acquired 121,821 47,898 22,162 23,788 3,249 — 110 219,028 Total loans $ 2,330,725 $ 847,711 $ 173,300 $ 736,418 $ 982,089 $ 50,451 $ 23,370 $ 5,144,064 As of December 31, 2018 , there were no loans categorized as definite loss. At December 31, 2018 Residential Mortgage Home Equity ($ In Thousands) Originated: Loan-to-value ratio: Less than 50% $ 171,523 21.9 % $ 142,534 37.9 % 50%—69% 287,337 36.7 % 84,423 22.4 % 70%—79% 173,870 22.2 % 73,898 19.6 % 80% and over 19,030 2.4 % 30,129 8.0 % Data not available* 1,299 0.2 % 30 — % Total originated 653,059 83.4 % 331,014 87.9 % Acquired: Loan-to-value ratio: Less than 50% 36,752 4.6 % 24,705 6.6 % 50%—69% 53,788 6.9 % 10,353 2.7 % 70%—79% 26,510 3.4 % 1,000 0.3 % 80% and over 6,701 0.9 % 4,348 1.2 % Data not available* 6,158 0.8 % 5,064 1.3 % Total acquired 129,909 16.6 % 45,470 12.1 % Total loans $ 782,968 100.0 % $ 376,484 100.0 % _______________________________________________________________________________ * Represents accounts for which data are not available. The following table presents information regarding foreclosed residential real estate property for the periods indicated: At December 31, 2019 At December 31, 2018 (In Thousands) Recorded investment in mortgage loans collateralized by residential real estate property that are in the process of foreclosure $ 110 $ 121 Age Analysis of Past Due Loans and Leases The following tables present an age analysis of the recorded investment in total loans and leases as of December 31, 2019 and 2018 . At December 31, 2019 Past Due Loans and Leases Past Due Greater Than 90 Days and Accruing 31-60 Days 61-90 Days Greater Than 90 Days Total Current Total Loans and Leases Nonaccrual Loans and Leases (In Thousands) Originated: Commercial real estate loans: Commercial real estate $ 3,330 $ 2,032 $ 1,606 $ 6,968 $ 2,393,069 $ 2,400,037 $ 51 $ 2,751 Multi-family mortgage 3,559 553 — 4,112 892,370 896,482 — 84 Construction — — — — 239,015 239,015 — — Total commercial real estate loans 6,889 2,585 1,606 11,080 3,524,454 3,535,534 51 2,835 Commercial loans and leases: Commercial 5,010 199 3,875 9,084 704,791 713,875 — 4,707 Equipment financing 3,098 1,558 7,246 11,902 1,038,095 1,049,997 — 9,822 Condominium association 458 — — 458 56,380 56,838 — 151 Total commercial loans and leases 8,566 1,757 11,121 21,444 1,799,266 1,820,710 — 14,680 Consumer loans: Residential mortgage 1,014 — 3 1,017 710,505 711,522 — 753 Home equity 794 501 139 1,434 341,813 343,247 2 276 Other consumer 46 1 1 48 38,626 38,674 — 1 Total consumer loans 1,854 502 143 2,499 1,090,944 1,093,443 2 1,030 Total originated loans and leases $ 17,309 $ 4,844 $ 12,870 $ 35,023 $ 6,414,664 $ 6,449,687 $ 53 $ 18,545 (Continued) At December 31, 2019 Past Due Loans and Leases Past Due Greater Than 90 Days and Accruing 31-60 Days 61-90 Days Greater Than 90 Days Total Current Total Loans and Leases Nonaccrual Loans and Leases (1) (In Thousands) Acquired: Commercial real estate loans: Commercial real estate $ 539 $ 59 $ 8,989 $ 9,587 $ 81,387 $ 90,974 $ 8,919 $ 94 Multi-family mortgage — — — — 35,681 35,681 — — Construction — — — — 7,033 7,033 — — Total commercial real estate loans 539 59 8,989 9,587 124,101 133,688 8,919 94 Commercial loans and leases: Commercial — — — — 15,627 15,627 — 202 Equipment financing — — 7 7 2,404 2,411 7 — Total commercial loans and leases — — 7 7 18,031 18,038 7 202 Consumer loans: Residential mortgage 35 75 1,090 1,200 101,523 102,723 1,090 — Home equity 430 — 42 472 33,100 33,572 40 620 Other consumer — — — — 108 108 — — Total consumer loans 465 75 1,132 1,672 134,731 136,403 1,130 620 Total acquired loans and leases 1,004 134 10,128 11,266 276,863 288,129 10,056 916 Total loans and leases $ 18,313 $ 4,978 $ 22,998 $ 46,289 $ 6,691,527 $ 6,737,816 $ 10,109 $ 19,461 (1) Loans and leases acquired with deteriorated credit quality are always accruing. At December 31, 2018 Past Due Loans and Leases Past Due Greater Than 90 Days and Accruing 31-60 Days 61-90 Days Greater Than 90 Days Total Current Total Loans and Leases Nonaccrual Loans and Leases (In Thousands) Originated: Commercial real estate loans: Commercial real estate $ 5,139 $ 896 $ 2,962 $ 8,997 $ 2,199,907 $ 2,208,904 $ 277 $ 3,806 Multi-family mortgage 893 — 145 1,038 798,775 799,813 — 330 Construction 297 — 396 693 150,445 151,138 — 396 Total commercial real estate loans 6,329 896 3,503 10,728 3,149,127 3,159,855 277 4,532 Commercial loans and leases: Commercial 2,021 582 6,244 8,847 703,783 712,630 1,962 6,421 Equipment financing 2,509 650 5,685 8,844 969,996 978,840 12 9,500 Condominium association 320 — — 320 50,131 50,451 — 265 Total commercial loans and leases 4,850 1,232 11,929 18,011 1,723,910 1,741,921 1,974 16,186 Consumer loans: Residential mortgage 400 — 1,597 1,997 651,062 653,059 — 1,842 Home equity 761 25 183 969 330,045 331,014 1 191 Other consumer 51 18 15 84 23,176 23,260 — 17 Total consumer loans 1,212 43 1,795 3,050 1,004,283 1,007,333 1 2,050 Total originated loans and leases $ 12,391 $ 2,171 $ 17,227 $ 31,789 $ 5,877,320 $ 5,909,109 $ 2,252 $ 22,768 (Continued) At December 31, 2018 Past Due Loans and Leases Past Due Greater Than 90 Days and Accruing 31-60 Days 61-90 Days Greater Than 90 Days Total Current Total Loans and Leases Nonaccrual Loans and Leases (In Thousands) Acquired: Commercial real estate loans: Commercial real estate $ — $ 215 $ 9,087 $ 9,302 $ 112,519 $ 121,821 $ 9,018 $ 122 Multi-family mortgage 348 — — 348 47,550 47,898 — — Construction 360 242 — 602 21,560 22,162 — — Total commercial real estate loans 708 457 9,087 10,252 181,629 191,881 9,018 122 Commercial loans and leases: Commercial 124 44 290 458 23,330 23,788 90 200 Equipment financing — — 9 9 3,240 3,249 9 — Total commercial loans and leases 124 44 299 467 26,570 27,037 99 200 Consumer loans: Residential mortgage — 371 2,113 2,484 127,425 129,909 2,113 290 Home equity 191 265 2 458 45,012 45,470 — 717 Other consumer — — — — 110 110 — — Total consumer loans 191 636 2,115 2,942 172,547 175,489 2,113 1,007 Total acquired loans and leases 1,023 1,137 11,501 13,661 380,746 394,407 11,230 1,329 Total loans and leases $ 13,414 $ 3,308 $ 28,728 $ 45,450 $ 6,258,066 $ 6,303,516 $ 13,482 $ 24,097 Impaired Loans and Leases Refer to Note 1, "Basis of Presentation", in the consolidated financial statements for more information on the Company's methodology over impaired loans and leases. The following tables include the recorded investment and unpaid principal balances of impaired loans and leases with the related allowance amount, if applicable, for the originated and acquired loan and lease portfolios at the dates indicated. Also presented are the average recorded investments in the impaired loans and leases and the related amount of interest recognized during the period that the impaired loans were impaired. At December 31, 2019 At December 31, 2018 Recorded (1) Unpaid Related Recorded Investment (2) Unpaid Related (In Thousands) Originated: With no related allowance recorded: Commercial real estate $ 3,899 $ 3,892 $ — $ 5,569 $ 5,545 $ — Commercial 28,539 28,533 — 30,927 31,053 — Consumer 2,237 2,223 — 2,989 2,978 — Total originated with no related allowance recorded 34,675 34,648 — 39,485 39,576 — With an allowance recorded: Commercial real estate 68 68 7 396 396 5 Commercial 5,980 6,055 1,672 8,224 8,208 2,961 Consumer 1,224 1,220 70 665 664 89 Total originated with an allowance recorded 7,272 7,343 1,749 9,285 9,268 3,055 Total originated impaired loans and leases 41,947 41,991 1,749 48,770 48,844 3,055 Acquired: With no related allowance recorded: Commercial real estate 12,365 12,366 — 9,538 9,538 — Commercial 437 437 — 531 531 — Consumer 3,516 3,516 — 4,772 4,772 — Total acquired with no related allowance recorded 16,318 16,319 — 14,841 14,841 — With an allowance recorded: Consumer 447 447 40 154 154 26 Total acquired with an allowance recorded 447 447 40 154 154 26 Total acquired impaired loans and leases 16,765 16,766 40 14,995 14,995 26 Total impaired loans and leases $ 58,712 $ 58,757 $ 1,789 $ 63,765 $ 63,839 $ 3,081 __________________________________________________________________________ (1) Includes originated and acquired nonaccrual loans of $18.5 million and $0.9 million , respectively as of December 31, 2019 . Includes originated loans individually and collectively evaluated for impairment of $27.3 million and $14.6 million , respectively as of December 31, 2019 . Includes acquired loans individually and collectively evaluated for impairment of $5.2 million and $11.6 million , respectively as of December 31, 2019 . (2) Includes originated and acquired nonaccrual loans of $22.7 million and $1.3 million , respectively as of December 31, 2018 . Includes originated loans individually and collectively evaluated for impairment of $41.2 million and $7.6 million , respectively as of December 31, 2018 . Includes acquired loans individually and collectively evaluated for impairment of $2.5 million and $12.5 million , respectively as of December 31, 2018 . Year Ended December 31, 2019 December 31, 2018 December 31, 2017 Average Interest Average Interest Average Interest (In Thousands) Originated: With no related allowance recorded: Commercial real estate $ 5,148 $ 110 $ 6,484 $ 87 $ 10,181 $ 277 Commercial 29,759 1,009 26,514 993 24,950 747 Consumer 2,662 42 2,801 54 4,330 58 Total originated with no related allowance recorded 37,569 1,161 35,799 1,134 39,461 1,082 With an allowance recorded: Commercial real estate 269 3 99 — 3,271 162 Commercial 7,125 76 9,026 96 18,382 1 Consumer 946 32 835 11 — — Total originated with an allowance recorded 8,340 111 9,960 107 21,653 163 Total originated impaired loans and leases 45,909 1,272 45,759 1,241 61,114 1,245 Acquired: With no related allowance recorded: Commercial real estate 11,409 163 9,868 7 4,005 55 Commercial 511 11 1,212 16 2,280 31 Consumer 4,298 39 5,061 61 5,295 69 Total acquired with no related allowance recorded 16,218 213 16,141 84 11,580 155 With an allowance recorded: Consumer 302 11 135 4 151 4 Total acquired with an allowance recorded 302 11 135 4 151 4 Total acquired impaired loans and leases 16,520 224 16,276 88 11,731 159 Total impaired loans and leases $ 62,429 $ 1,496 $ 62,035 $ 1,329 $ 72,845 $ 1,404 The following tables present information regarding impaired and non-impaired loans and leases at the dates indicated: At December 31, 2019 Commercial Real Estate Commercial Consumer Total (In Thousands) Allowance for Loan and Lease Losses: Originated: Individually evaluated for impairment $ 7 $ 1,672 $ 70 $ 1,749 Collectively evaluated for impairment 28,415 22,853 5,850 57,118 Total originated loans and leases 28,422 24,525 5,920 58,867 Acquired: Individually evaluated for impairment — — 40 40 Collectively evaluated for impairment 65 197 11 273 Acquired with deteriorated credit quality 1,798 104 — 1,902 Total acquired loans and leases 1,863 301 51 2,215 Total allowance for loan and lease losses $ 30,285 $ 24,826 $ 5,971 $ 61,082 Loans and Leases: Originated: Individually evaluated for impairment $ 3,956 $ 20,019 $ 3,326 $ 27,301 Collectively evaluated for impairment 3,531,578 1,800,691 1,090,117 6,422,386 Total originated loans and leases 3,535,534 1,820,710 1,093,443 6,449,687 Acquired: Individually evaluated for impairment 2,942 397 1,841 5,180 Collectively evaluated for impairment 79,465 15,465 110,758 205,688 Acquired with deteriorated credit quality 51,281 2,176 23,804 77,261 Total acquired loans and leases 133,688 18,038 136,403 288,129 Total loans and leases $ 3,669,222 $ 1,838,748 $ 1,229,846 $ 6,737,816 At December 31, 2018 Commercial Real Estate Commercial Consumer Total (In Thousands) Allowance for Loan and Lease Losses: Originated: Individually evaluated for impairment $ 5 $ 2,961 $ 89 $ 3,055 Collectively evaluated for impairment 26,617 22,131 5,075 53,823 Total originated loans and leases 26,622 25,092 5,164 56,878 Acquired: Individually evaluated for impairment — — 26 26 Collectively evaluated for impairment 32 83 20 135 Acquired with deteriorated credit quality 1,533 108 12 1,653 Total acquired loans and leases 1,565 191 58 1,814 Total allowance for loan and lease losses $ 28,187 $ 25,283 $ 5,222 $ 58,692 Loans and Leases: Originated: Individually evaluated for impairment $ 5,610 $ 32,127 $ 3,502 $ 41,239 Collectively evaluated for impairment 3,154,245 1,709,794 1,003,831 5,867,870 Total originated loans and leases 3,159,855 1,741,921 1,007,333 5,909,109 Acquired: Individually evaluated for impairment — 404 2,072 2,476 Collectively evaluated for impairment 121,119 24,094 142,194 287,407 Acquired with deteriorated credit quality 70,762 2,539 31,223 104,524 Total acquired loans and leases 191,881 27,037 175,489 394,407 Total loans and leases $ 3,351,736 $ 1,768,958 $ 1,182,822 $ 6,303,516 Troubled Debt Restructured Loans and Leases A specific valuation allowance for losses on troubled debt restructured loans is initially determined by comparing the net carrying amount of the troubled debt restructured loan with the restructured loan's cash flows discounted at the original effective rate. The following table sets forth information regarding troubled debt restructured loans and leases at the dates indicated: At December 31, 2019 At December 31, 2018 (In Thousands) Troubled debt restructurings: On accrual $ 17,076 $ 12,257 On nonaccrual 6,104 8,684 Total troubled debt restructurings $ 23,180 $ 20,941 Total troubled debt restructuring loans and leases increased by $2.3 million to $23.2 million at December 31, 2019 from $20.9 million at December 31, 2018 , primarily driven by one construction loan of $2.9 million which became a TDR during the year, partially offset by the payoff and pay down of current troubled debt restructuring loans during the year. The recorded investment in troubled debt restructurings and the associated specific allowances for loan and lease losses, in the originated and acquired loan and lease portfolios, that were modified during the periods indicated, are as follows. At and for the Year Ended December 31, 2019 Recorded Investment Specific Allowance for Loan and Lease Losses Defaulted (1) Number of Loans/ Leases At Modification At End of Period Nonaccrual Loans and Leases Number of Loans/ Leases Recorded Investment (Dollars in Thousands) Originated: Commercial real estate 2 $ 295 $ 290 $ — $ 221 — $ — Commercial 3 6,794 5,457 2,455 1,912 1 1,912 Equipment financing 7 2,774 2,266 — 392 2 365 Residential mortgage 3 868 866 — 96 — — Home equity 3 453 453 — — — — Total originated 18 11,184 9,332 2,455 2,621 3 2,277 Acquired: Construction 1 4,869 2,942 — — — — Residential mortgage 1 297 295 — — — — Home equity 1 134 133 — 133 — — Total acquired 3 5,300 3,370 — 133 — — Total loans and leases 21 $ 16,484 $ 12,702 $ 2,455 $ 2,754 3 $ 2,277 ______________________________________________________________________ (1) Includes loans and leases that have been modified within the past twelve months and subsequently had payment defaults during the period indicated. At and for the Year Ended December 31, 2018 Recorded Investment Specific Allowance for Loan and Lease Losses Defaulted (1) Number of Loans/ Leases At Modification At End of Period Nonaccrual Loans and Leases Number of Loans/ Leases Recorded Investment (Dollars in Thousands) Originated: Commercial real estate 1 $ 673 $ 652 $ — $ 653 — $ — Commercial 10 1,775 1,706 733 1,706 2 1,075 Equipment financing 14 2,510 2,556 37 1,351 — — Residential mortgage 2 550 550 12 341 1 341 Home equity 1 86 83 — — — — Total originated 28 $ 5,594 $ 5,547 $ 782 $ 4,051 3 $ 1,416 Acquired: Home equity 2 249 245 — 245 — — Total acquired 2 249 245 — 245 — — Total loans and leases 30 $ 5,843 $ 5,792 $ 782 $ 4,296 3 $ 1,416 ______________________________________________________________________ (1) Includes loans and leases that have been modified within the past twelve months and subsequently had payment defaults during the period indicated. At and for the Year Ended December 31, 2017 Recorded Investment Specific Allowance for Loan and Lease Losses Defaulted (1) Number of Loans/ Leases At Modification At End of Period Nonaccrual Loans and Leases Number of Loans/ Leases Recorded Investment (Dollars in Thousands) Originated: Commercial real estate 1 $ 189 $ 189 $ — $ — — $ — Commercial 10 7,861 3,911 191 2,189 2 1,361 Equipment financing 16 2,687 2,901 137 1,440 1 188 Total originated 27 10,737 7,001 328 3,629 3 1,549 ______________________________________________________________________ (1) Includes loans and leases that have been modified within the past twelve months and subsequently had payment defaults during the period indicated. There were no acquired loans and leases that met the definition of a troubled debt restructured during the twelve months ended December 31, 2017 . The following table sets forth the Company's end-of-period balances for troubled debt restructurings that were modified during the periods indicated, by type of modification. Year Ended December 31, 2019 2018 2017 (In Thousands) Loans with one modification: Extended maturity $ 5,811 $ 1,717 $ 2,810 Adjusted principal — — 19 Adjusted interest rate 252 — — Interest only — — 174 Combination maturity, principal, interest rate 3,624 3,651 1,914 Total loans modified once $ 9,687 $ 5,368 $ 4,917 Loans with more than one modification: Extended maturity $ 3,015 $ — $ 1,910 Combination maturity, principal, interest rate — 424 174 Total loans modified more than once $ 3,015 $ 424 $ 2,084 Total loans modified $ 12,702 $ 5,792 $ 7,001 The increase in troubled debt restructuring loans and leases that were modified for the year ending December 31, 2019 was primarily due to the increases in modifications on the commercial loans by $3.6 million and construction loans by $2.9 million during the year. The net charge-offs of the performing and nonperforming troubled debt restructuring loans and leases for the years ending December 31, 2019 , 2018 , and 2017 were $2.0 million , $1.2 million , and $4.8 million , respectively. The increase in net charge-offs of the performing and nonperforming troubled debt restructuring loans and leases for the year ending December 31, 2019 was primarily driven by the charge-offs on various taxi medallion relationships during the year. As of December 31, 2019 , loans modified to troubled debt restructurings totaled $3.1 million . As of December 31, 2018 , and 2017 the Company did not have any loans modified to trouble debt restructurings. |