Loans and Leases | LOANS AND LEASES Our loan and lease portfolio includes originated and purchased loans and leases. Originated and purchased loans and leases for which there was no evidence of credit deterioration at their acquisition date and for which it was probable that we would be able to collect all contractually required payments, are referred to collectively as Non-PCI loans. Generally, PCI loans are purchased loans for which there was, at the acquisition date, evidence of credit deterioration since their origination and for which it was probable that collection of all contractually required payments was unlikely. Non-PCI loans are carried at the principal amount outstanding, net of deferred fees and costs, and in the case of acquired loans, net of purchase discounts and premiums. Deferred fees and costs and purchase discounts and premiums on acquired non-impaired loans are recognized as an adjustment to interest income over the contractual life of the loans primarily using the effective interest method or taken into income when the related loans are paid off or included in the carrying amount of loans that are sold. PCI loans are accounted for in accordance with ASC Subtopic 310‑30, “ Loans and Debt Securities Acquired with Deteriorated Credit Quality." For PCI loans, at the time of acquisition we (i) calculate the contractual amount and timing of undiscounted principal and interest payments (the "undiscounted contractual cash flows") and (ii) estimate the amount and timing of undiscounted expected principal and interest payments (the "undiscounted expected cash flows"). The difference between the undiscounted contractual cash flows and the undiscounted expected cash flows is the nonaccretable difference. The difference between the undiscounted cash flows expected to be collected and the estimated fair value of the acquired loans is the accretable yield. The nonaccretable difference represents an estimate of the loss exposure of principal and interest related to the PCI loan portfolio; such amount is subject to change over time based on the performance of such loans. The carrying value of PCI loans is reduced by payments received, both principal and interest, and increased by the portion of the accretable yield recognized as interest income. Loans Held for Sale In the second quarter of 2017, we entered into two agreements to sell loans with balances totaling $175.2 million and the associated unfunded commitments of $19.3 million , primarily from our healthcare portfolios. The $175.2 million of loans were reported as loans held for sale at June 30, 2017 and the sales were completed in July. In connection with the transfer of loans to held for sale, we recognized $7.2 million in charge-offs during the second quarter related to our healthcare portfolio loans in order to record the loans at the lower of cost or fair value. There were no loans held for sale at September 30, 2017. Loans and Leases Held for Investment The following table summarizes the composition of our loans and leases held for investment as of the dates indicated: September 30, 2017 December 31, 2016 Non-PCI Non-PCI Loans PCI Loans PCI and Leases Loans Total and Leases Loans Total (In thousands) Real estate mortgage $ 6,146,978 $ 58,077 $ 6,205,055 $ 5,635,675 $ 92,793 $ 5,728,468 Real estate construction and land 1,266,791 — 1,266,791 975,032 2,409 977,441 Commercial 7,894,115 4,194 7,898,309 8,426,236 12,994 8,439,230 Consumer 385,892 238 386,130 375,149 249 375,398 Total gross loans and leases held for investment 15,693,776 62,509 15,756,285 15,412,092 108,445 15,520,537 Deferred fees, net (65,753 ) (15 ) (65,768 ) (64,562 ) (21 ) (64,583 ) Total loans and leases held for investment, net of deferred fees 15,628,023 62,494 15,690,517 15,347,530 108,424 15,455,954 Allowance for loan and lease losses (152,770 ) (6,836 ) (159,606 ) (143,755 ) (13,483 ) (157,238 ) Total loans and leases held for investment, net $ 15,475,253 $ 55,658 $ 15,530,911 $ 15,203,775 $ 94,941 $ 15,298,716 Non‑PCI Loans and Leases Held for Investment The following tables present an aging analysis of our Non‑PCI loans and leases held for investment, net of deferred fees, by portfolio segment and class as of the dates indicated: September 30, 2017 30 - 89 90 or More Days Days Total Past Due Past Due Past Due Current Total (In thousands) Real estate mortgage: Commercial $ 1,685 $ 3,664 $ 5,349 $ 4,306,899 $ 4,312,248 Residential 282 1,740 2,022 1,816,926 1,818,948 Total real estate mortgage 1,967 5,404 7,371 6,123,825 6,131,196 Real estate construction and land: Commercial — — — 680,949 680,949 Residential — — — 568,273 568,273 Total real estate construction and land — — — 1,249,222 1,249,222 Commercial: Cash flow 140 1,484 1,624 2,728,771 2,730,395 Asset-based — — — 2,577,390 2,577,390 Venture capital 3,142 948 4,090 1,955,345 1,959,435 Equipment finance — 690 690 593,782 594,472 Total commercial 3,282 3,122 6,404 7,855,288 7,861,692 Consumer 286 272 558 385,355 385,913 Total $ 5,535 $ 8,798 $ 14,333 $ 15,613,690 $ 15,628,023 December 31, 2016 30 - 89 90 or More Days Days Total Past Due Past Due Past Due Current Total (In thousands) Real estate mortgage: Commercial $ 8,590 $ 3,303 $ 11,893 $ 4,341,740 $ 4,353,633 Residential 5,694 1,999 7,693 1,256,630 1,264,323 Total real estate mortgage 14,284 5,302 19,586 5,598,370 5,617,956 Real estate construction and land: Commercial — — — 578,838 578,838 Residential 364 — 364 383,637 384,001 Total real estate construction and land 364 — 364 962,475 962,839 Commercial: Cash flow 191 1,821 2,012 3,105,380 3,107,392 Asset-based 1,500 2 1,502 2,607,543 2,609,045 Venture capital 13,589 5,769 19,358 1,963,798 1,983,156 Equipment finance 1,417 3,051 4,468 687,499 691,967 Total commercial 16,697 10,643 27,340 8,364,220 8,391,560 Consumer 224 — 224 374,951 375,175 Total $ 31,569 $ 15,945 $ 47,514 $ 15,300,016 $ 15,347,530 It is our policy to discontinue accruing interest when principal or interest payments are past due 90 days or more unless the loan is both well secured and in the process of collection or when, in the opinion of management, there is a reasonable doubt as to the collectability of a loan or lease in the normal course of business. Interest income on nonaccrual loans is recognized only to the extent cash is received and the principal balance of the loan is deemed collectable. The following table presents our nonaccrual and performing Non‑PCI loans and leases held for investment, net of deferred fees, by portfolio segment and class as of the dates indicated: September 30, 2017 December 31, 2016 Nonaccrual Performing Total Nonaccrual Performing Total (In thousands) Real estate mortgage: Commercial $ 63,096 $ 4,249,152 $ 4,312,248 $ 62,454 $ 4,291,179 $ 4,353,633 Residential 3,186 1,815,762 1,818,948 6,881 1,257,442 1,264,323 Total real estate mortgage 66,282 6,064,914 6,131,196 69,335 5,548,621 5,617,956 Real estate construction and land: Commercial — 680,949 680,949 — 578,838 578,838 Residential — 568,273 568,273 364 383,637 384,001 Total real estate construction and land — 1,249,222 1,249,222 364 962,475 962,839 Commercial: Cash flow 33,514 2,696,881 2,730,395 53,908 3,053,484 3,107,392 Asset-based 3,977 2,573,413 2,577,390 2,118 2,606,927 2,609,045 Venture capital 22,686 1,936,749 1,959,435 11,687 1,971,469 1,983,156 Equipment finance 30,942 563,530 594,472 32,848 659,119 691,967 Total commercial 91,119 7,770,573 7,861,692 100,561 8,290,999 8,391,560 Consumer 296 385,617 385,913 339 374,836 375,175 Total $ 157,697 $ 15,470,326 $ 15,628,023 $ 170,599 $ 15,176,931 $ 15,347,530 At September 30, 2017 , nonaccrual loans and leases totaled $157.7 million and included $8.8 million of loans and leases 90 or more days past due, $0.7 million of loans and leases 30 to 89 days past due, and $148.2 million of loans and leases current with respect to contractual payments that were placed on nonaccrual status based on management’s judgment regarding their collectability. Nonaccrual loans and leases totaled $170.6 million at December 31, 2016 , including $15.9 million of the loans and leases 90 or more days past due, $3.0 million of loans and leases 30 to 89 days past due, and $151.7 million of current loans and leases that were placed on nonaccrual status based on management’s judgment regarding their collectability. As of September 30, 2017 , our ten largest Non-PCI loan relationships on nonaccrual status had an aggregate carrying value of $129.1 million and represented 81.9% of total Non-PCI nonaccrual loans and leases. The largest of these relationships consisted of a $45.5 million healthcare real estate loan secured by a continuing care retirement facility that migrated to nonaccrual status during the third quarter of 2016 due to weak operating performance and cash flow difficulties. The following table presents the credit risk rating categories for Non‑PCI loans and leases held for investment, net of deferred fees, by portfolio segment and class as of the dates indicated. Nonclassified loans and leases are those with a credit risk rating of either pass or special mention, while classified loans and leases are those with a credit risk rating of either substandard or doubtful. September 30, 2017 December 31, 2016 Classified Nonclassified Total Classified Nonclassified Total (In thousands) Real estate mortgage: Commercial $ 95,272 $ 4,216,976 $ 4,312,248 $ 99,641 $ 4,253,992 $ 4,353,633 Residential 7,652 1,811,296 1,818,948 17,540 1,246,783 1,264,323 Total real estate mortgage 102,924 6,028,272 6,131,196 117,181 5,500,775 5,617,956 Real estate construction and land: Commercial — 680,949 680,949 409 578,429 578,838 Residential — 568,273 568,273 364 383,637 384,001 Total real estate construction and land — 1,249,222 1,249,222 773 962,066 962,839 Commercial: Cash flow 128,207 2,602,188 2,730,395 177,661 2,929,731 3,107,392 Asset-based 19,645 2,557,745 2,577,390 28,112 2,580,933 2,609,045 Venture capital 62,602 1,896,833 1,959,435 52,646 1,930,510 1,983,156 Equipment finance 30,942 563,530 594,472 32,848 659,119 691,967 Total commercial 241,396 7,620,296 7,861,692 291,267 8,100,293 8,391,560 Consumer 457 385,456 385,913 424 374,751 375,175 Total $ 344,777 $ 15,283,246 $ 15,628,023 $ 409,645 $ 14,937,885 $ 15,347,530 In addition to our internal risk rating process, our federal and state banking regulators, as an integral part of their examination process, periodically review the Company’s loan and lease risk rating classifications. Our regulators may require the Company to recognize rating downgrades based on their judgments related to information available to them at the time of their examinations. Risk rating downgrades generally result in increases in the provisions for credit losses and the allowance for credit losses. Non‑PCI nonaccrual loans and leases and performing troubled debt restructured loans are considered impaired for reporting purposes. Troubled debt restructurings are a result of rate reductions, term extensions, fee concessions, and debt forgiveness, or a combination thereof. The following table presents the composition of our impaired loans and leases held for investment, net of deferred fees, by portfolio segment as of the dates indicated: September 30, 2017 December 31, 2016 Performing Total Performing Total Nonaccrual Troubled Impaired Nonaccrual Troubled Impaired Loans Debt Loans Loans Debt Loans and Restructured and and Restructured and Leases Loans Leases Leases Loans Leases (In thousands) Real estate mortgage $ 66,282 $ 47,473 $ 113,755 $ 69,335 $ 54,750 $ 124,085 Real estate construction and land — 5,764 5,764 364 6,893 7,257 Commercial 91,119 3,209 94,328 100,561 3,157 103,718 Consumer 296 106 402 339 152 491 Total $ 157,697 $ 56,552 $ 214,249 $ 170,599 $ 64,952 $ 235,551 The following tables present information regarding our Non‑PCI impaired loans and leases held for investment, net of deferred fees, by portfolio segment and class as of and for the dates indicated: September 30, 2017 December 31, 2016 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Impaired Loans and Leases Investment Balance Allowance Investment Balance Allowance (In thousands) With An Allowance Recorded: Real estate mortgage: Commercial $ 14,716 $ 15,536 $ 682 $ 63,325 $ 65,031 $ 6,266 Residential 3,074 3,269 471 8,424 8,612 585 Real estate construction and land: Residential — — — 213 213 — Commercial: Cash flow 31,114 40,068 8,720 51,272 52,910 12,474 Asset-based 2,499 2,514 422 4,395 4,861 2,144 Venture capital 20,039 22,377 5,870 5,821 5,880 3,294 Equipment finance — — — 1,524 4,636 — Consumer 106 105 17 270 280 170 With No Related Allowance Recorded: Real estate mortgage: Commercial $ 92,295 $ 103,306 $ 44,557 $ 51,402 Residential 3,670 3,906 7,779 8,940 Real estate construction and land: Commercial 5,764 5,762 6,680 6,680 Residential — — 364 366 Commercial: Cash flow 2,559 4,690 2,852 5,939 Asset-based 4,528 6,479 664 1,652 Venture capital 2,647 6,741 5,866 8,939 Equipment finance 30,942 49,742 31,324 53,319 Consumer 296 368 221 292 Total Non-PCI Loans and Leases With and Without an Allowance Recorded: Real estate mortgage $ 113,755 $ 126,017 $ 1,153 $ 124,085 $ 133,985 $ 6,851 Real estate construction and land 5,764 5,762 — 7,257 7,259 — Commercial 94,328 132,611 15,012 103,718 138,136 17,912 Consumer 402 473 17 491 572 170 Total $ 214,249 $ 264,863 $ 16,182 $ 235,551 $ 279,952 $ 24,933 Three Months Ended September 30, 2017 2016 Weighted Interest Weighted Interest Average Income Average Income Impaired Loans and Leases Balance (1) Recognized Balance (1) Recognized (In thousands) With An Allowance Recorded: Real estate mortgage: Commercial $ 14,716 $ 214 $ 18,580 $ 262 Residential 3,074 14 2,505 15 Real estate construction and land: Residential — — 736 4 Commercial: Cash flow 31,114 2 25,933 9 Asset-based 2,372 29 2,730 5 Venture capital 18,298 — 6,878 — Equipment finance — — 42,913 — Consumer 106 2 346 3 With No Related Allowance Recorded: Real estate mortgage: Commercial $ 92,183 $ 635 $ 59,090 $ 518 Residential 3,670 15 9,573 70 Real estate construction and land: Commercial 5,764 74 7,870 57 Commercial: Cash flow 2,338 11 2,330 1 Asset-based 1,501 29 2,535 37 Venture capital 2,647 — — — Equipment finance 30,942 — — — Consumer 296 — 76 — Total Non-PCI Loans and Leases With and Without an Allowance Recorded: Real estate mortgage $ 113,643 $ 878 $ 89,748 $ 865 Real estate construction and land 5,764 74 8,606 61 Commercial 89,212 71 83,319 52 Consumer 402 2 422 3 Total $ 209,021 $ 1,025 $ 182,095 $ 981 _________________________ (1) For Non-PCI loans and leases reported as impaired at September 30, 2017 and 2016 , amounts were calculated based on the period of time such loans and leases were impaired during the reported period. Nine Months Ended September 30, 2017 2016 Weighted Interest Weighted Interest Average Income Average Income Impaired Loans and Leases Balance (1) Recognized Balance (1) Recognized (In thousands) With An Allowance Recorded: Real estate mortgage: Commercial $ 14,716 $ 634 $ 18,220 $ 781 Residential 3,074 41 2,325 42 Real estate construction and land: Residential — — 736 11 Commercial: Cash flow 31,114 5 20,417 26 Asset-based 2,079 83 2,278 14 Venture capital 9,621 — 2,542 — Equipment finance — — 41,587 — Consumer 106 6 330 8 With No Related Allowance Recorded: Real estate mortgage: Commercial $ 90,631 $ 1,924 $ 54,747 $ 1,209 Residential 3,650 44 6,990 130 Real estate construction and land: Commercial 5,764 220 7,106 169 Commercial: Cash flow 1,995 14 2,232 1 Asset-based 1,171 54 1,828 77 Venture capital 1,922 — — — Equipment finance 30,560 — — — Consumer 296 — 74 1 Total Non-PCI Loans and Leases With and Without an Allowance Recorded: Real estate mortgage $ 112,071 $ 2,643 $ 82,282 $ 2,162 Real estate construction and land 5,764 220 7,842 180 Commercial 78,462 156 70,884 118 Consumer 402 6 404 9 Total $ 196,699 $ 3,025 $ 161,412 $ 2,469 _________________________ (1) For Non-PCI loans and leases reported as impaired at September 30, 2017 and 2016 , amounts were calculated based on the period of time such loans and leases were impaired during the reported period. The following tables present our troubled debt restructurings of Non-PCI loans held for investment by portfolio segment and class for the periods indicated: Three Months Ended September 30, 2017 2016 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number Recorded Recorded Number Recorded Recorded Troubled Debt Restructurings of Loans Investment Investment of Loans Investment Investment (Dollars in thousands) Real estate mortgage: Commercial 1 $ 998 $ 998 2 $ 1,147 $ 1,147 Residential 3 566 10 1 93 93 Real estate construction and land: Commercial — — — 1 1,245 1,245 Commercial: Cash flow 3 9,491 255 2 25 25 Asset-based 2 2,655 2,655 1 25 25 Venture capital 4 15,308 15,308 — — — Equipment finance — — — 1 39,912 39,912 Consumer — — — 1 21 21 Total 13 $ 29,018 $ 19,226 9 $ 42,468 $ 42,468 Nine Months Ended September 30, 2017 2016 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number Recorded Recorded Number Recorded Recorded Troubled Debt Restructurings of Loans Investment Investment of Loans Investment Investment (Dollars in thousands) Real estate mortgage: Commercial 5 $ 2,527 $ 2,463 7 $ 5,287 $ 5,287 Residential 8 1,328 489 7 5,136 5,136 Real estate construction and land: Commercial — — — 1 1,245 1,245 Residential 1 362 — — — — Commercial: Cash flow 12 26,385 17,150 12 30,582 30,582 Asset-based 7 4,433 4,433 5 2,158 2,158 Venture capital 9 28,465 28,465 — — — Equipment finance — — — 7 44,196 42,572 Consumer 1 97 97 4 819 111 Total 43 $ 63,597 $ 53,097 43 $ 89,423 $ 87,091 The following tables present troubled debt restructurings of Non-PCI loans held for investment by portfolio segment and class that subsequently defaulted for the periods indicated: Three Months Ended September 30, 2017 2016 Troubled Debt Restructurings Number Recorded Number Recorded That Subsequently Defaulted of Loans Investment (1) of Loans Investment (1) (Dollars in thousands) Real estate construction and land: Commercial — $ — 1 $ 1,245 Commercial: Asset-based — — 1 2 Total — $ — 2 $ 1,247 (2) _________________________ (1) The population of defaulted restructured loans for the period indicated includes only those loans restructured during the preceding 12-month period. For example, for the 12-month period ended September 30, 2017 , the population of defaulted restructured loans includes only those loans restructured after September 30, 2016 . The table excludes defaulted troubled restructurings in those classes for which the recorded investment was zero at the end of the period. (2) Represents the balance at September 30, 2016 , and there were no charge-offs. Nine Months Ended September 30, 2017 2016 Troubled Debt Restructurings Number Recorded Number Recorded That Subsequently Defaulted of Loans Investment (1) of Loans Investment (1) (Dollars in thousands) Real estate construction and land: Commercial — $ — 1 $ 1,245 Commercial: Asset-based — — 1 2 Equipment finance — — 1 39,912 (3) Total — $ — 3 $ 41,159 (2) _________________________ (1) The population of defaulted restructured loans for the period indicated includes only those loans restructured during the preceding 12-month period. For example, for the 12-month period ended September 30, 2017 , the population of defaulted restructured loans includes only those loans restructured after September 30, 2016 . The table excludes defaulted troubled restructurings in those classes for which the recorded investment was zero at the end of the period. (2) Represents the balance at September 30, 2016 , and there were no charge-offs. (3) The term of the modification for this loan expired in the second quarter of 2016 and was not renewed until the third quarter of 2016. Thus, the loan was in payment default under the loan's original terms at June 30, 2016. The modified terms were extended an additional six months in April 2017. Allowance for Loan and Lease Losses The following tables present a summary of the activity in the allowance for loan and lease losses on Non‑PCI loans and leases held for investment by portfolio segment and PCI loans held for investment for the periods indicated: Three Months Ended September 30, 2017 Real Estate Real Estate Construction Total Total Mortgage and Land Commercial Consumer Non-PCI PCI Total (In thousands) Allowance for Loan and Lease Losses: Balance, beginning of period $ 37,122 $ 11,318 $ 88,364 $ 2,075 $ 138,879 $ 7,079 $ 145,958 Charge-offs (531 ) — (4,984 ) (413 ) (5,928 ) (79 ) (6,007 ) Recoveries 36 353 4,447 29 4,865 217 5,082 Provision (negative provision) (186 ) 22 14,366 752 14,954 (381 ) 14,573 Balance, end of period $ 36,441 $ 11,693 $ 102,193 $ 2,443 $ 152,770 $ 6,836 $ 159,606 Nine Months Ended September 30, 2017 Real Estate Real Estate Construction Total Total Mortgage and Land Commercial Consumer Non-PCI PCI Total (In thousands) Allowance for Loan and Lease Losses: Balance, beginning of period $ 37,765 $ 10,045 $ 93,853 $ 2,092 $ 143,755 $ 13,483 $ 157,238 Charge-offs (2,217 ) — (46,965 ) (625 ) (49,807 ) (5,768 ) (55,575 ) Recoveries 286 370 8,848 104 9,608 275 9,883 Provision (negative provision) 607 1,278 46,457 872 49,214 (1,154 ) 48,060 Balance, end of period $ 36,441 $ 11,693 $ 102,193 $ 2,443 $ 152,770 $ 6,836 $ 159,606 Ending Allowance by Impairment Methodology: Individually evaluated for impairment $ 1,153 $ — $ 15,012 $ 17 $ 16,182 Collectively evaluated for impairment $ 35,288 $ 11,693 $ 87,181 $ 2,426 $ 136,588 Acquired loans with deteriorated credit quality $ 6,836 Ending Loans and Leases by Impairment Methodology: Individually evaluated for impairment $ 113,304 $ 5,764 $ 94,078 $ 106 $ 213,252 Collectively evaluated for impairment 6,017,892 1,243,458 7,767,614 385,807 15,414,771 Acquired loans with deteriorated credit quality $ 62,494 Ending balance $ 6,131,196 $ 1,249,222 $ 7,861,692 $ 385,913 $ 15,628,023 $ 62,494 $ 15,690,517 Three Months Ended September 30, 2016 Real Estate Real Estate Construction Total Total Mortgage and Land Commercial Consumer Non-PCI PCI Total (In thousands) Allowance for Loan and Lease Losses: Balance, beginning of period $ 29,331 $ 7,853 $ 93,404 $ 1,412 $ 132,000 $ 11,289 $ 143,289 Charge-offs (302 ) — (9,606 ) (16 ) (9,924 ) (531 ) (10,455 ) Recoveries 2,414 27 3,553 56 6,050 — 6,050 Provision 5,498 803 2,240 80 8,621 471 9,092 Balance, end of period $ 36,941 $ 8,683 $ 89,591 $ 1,532 $ 136,747 $ 11,229 $ 147,976 Nine Months Ended September 30, 2016 Real Estate Real Estate Construction Total Total Mortgage and Land Commercial Consumer Non-PCI PCI Total (In thousands) Allowance for Loan and Lease Losses: Balance, beginning of period $ 36,654 $ 7,137 $ 61,082 $ 661 $ 105,534 $ 9,577 $ 115,111 Charge-offs (1,905 ) — (14,306 ) (798 ) (17,009 ) (862 ) (17,871 ) Recoveries 4,352 185 4,179 95 8,811 — 8,811 Provision (negative provision) (2,160 ) 1,361 38,636 1,574 39,411 2,514 41,925 Balance, end of period $ 36,941 $ 8,683 $ 89,591 $ 1,532 $ 136,747 $ 11,229 $ 147,976 Ending Allowance by Impairment Methodology: Individually evaluated for impairment $ 7,299 $ 11 $ 23,631 $ 179 $ 31,120 Collectively evaluated for impairment $ 29,642 $ 8,672 $ 65,960 $ 1,353 $ 105,627 Acquired loans with deteriorated credit quality $ 11,229 Ending Loans and Leases by Impairment Methodology: Individually evaluated for impairment $ 139,059 $ 8,700 $ 92,637 $ 376 $ 240,772 Collectively evaluated for impairment 5,325,882 822,815 7,977,050 256,128 14,381,875 Acquired loans with deteriorated credit quality $ 120,199 Ending balance $ 5,464,941 $ 831,515 $ 8,069,687 $ 256,504 $ 14,622,647 $ 120,199 $ 14,742,846 Allowance for Credit Losses The Non-PCI allowance for credit losses is the combination of the Non-PCI allowance for loan and lease losses and the Non-PCI reserve for unfunded loan commitments. The Non-PCI reserve for unfunded loan commitments is included within "Accrued interest payable and other liabilities" on the condensed consolidated balance sheets. The following tables present a summary of the activity in the Non-PCI allowance for loan and lease losses, Non-PCI reserve for unfunded loan commitments, and PCI allowance for loan losses for the periods indicated: Three Months Ended September 30, 2017 Non-PCI Allowance for Reserve for PCI Total Loan and Unfunded Loan Allowance for Allowance for Allowance for Lease Losses Commitments Credit Losses Loan Losses Credit Losses (In thousands) Balance, beginning of period $ 138,879 $ 20,263 $ 159,142 $ 7,079 $ 166,221 Charge-offs (5,928 ) — (5,928 ) (79 ) (6,007 ) Recoveries 4,865 — 4,865 217 5,082 Net charge-offs (1,063 ) — (1,063 ) 138 (925 ) Provision (negative provision) 14,954 546 15,500 (381 ) 15,119 Balance, end of period $ 152,770 $ 20,809 $ 173,579 $ 6,836 $ 180,415 Nine Months Ended September 30, 2017 Non-PCI Allowance for Reserve for PCI Total Loan and Unfunded Loan Allowance for Allowance for Allowance for Lease Losses Commitments Credit Losses Loan Losses Credit Losses (In thousands) Balance, beginning of period $ 143,755 $ 17,523 $ 161,278 $ 13,483 $ 174,761 Charge-offs (49,807 ) — (49,807 ) (5,768 ) (55,575 ) Recoveries 9,608 — 9,608 275 9,883 Net charge-offs (40,199 ) — (40,199 ) (5,493 ) (45,692 ) Provision (negative provision) 49,214 3,286 52,500 (1,154 ) 51,346 Balance, end of period $ 152,770 $ 20,809 $ 173,579 $ 6,836 $ 180,415 Three Months Ended September 30, 2016 Non-PCI Allowance for Reserve for PCI Total Loan and Unfunded Loan Allowance for Allowance for Allowance for Lease Losses Commitments Credit Losses Loan Losses Credit Losses (In thousands) Balance, beginning of period $ 132,000 $ 17,944 $ 149,944 $ 11,289 $ 161,233 Charge-offs (9,924 ) — (9,924 ) (531 ) (10,455 ) Recoveries 6,050 — 6,050 — 6,050 Net charge-offs (3,874 ) — (3,874 ) (531 ) (4,405 ) Provision (negative provision) 8,621 (621 ) 8,000 471 8,471 Balance, end of period $ 136,747 $ 17,323 $ 154,070 $ 11,229 $ 165,299 Nine Months Ended September 30, 2016 Non-PCI Allowance for Reserve for PCI Total Loan and Unfunded Loan Allowance for Allowance for Allowance for Lease Losses Commitments Credit Losses Loan Losses Credit Losses (In thousands) Balance, beginning of period $ 105,534 $ 16,734 $ 122,268 $ 9,577 $ 131,845 Charge-offs (17,009 ) — (17,009 ) (862 ) (17,871 ) Recoveries 8,811 — 8,811 — 8,811 Net charge-offs (8,198 ) — (8,198 ) (862 ) (9,060 ) Provision 39,411 589 40,000 2,514 42,514 Balance, end of period $ 136,747 $ 17,323 $ 154,070 $ 11,229 $ 165,299 |