Northwest Bancshares (NWBI) 10-Q 10 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document and Entity Information
Entity Registrant Name	Northwest Bancshares, Inc.
Entity Central Index Key	1,471,265
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		94,613,110
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 84,000	$ 87,401
Interest-earning deposits in other financial institutions	208,311	152,671
Federal funds sold and other short-term investments	637	634
Marketable securities available-for-sale (amortized cost of $854,147 and $906,702)	861,157	912,371
Marketable securities held-to-maturity (fair value of $62,957 and $106,292)	61,464	103,695
Total cash and investments	1,215,569	1,256,772
Personal Banking:
Residential mortgage loans	2,597,170	2,521,456
Home equity loans	1,055,829	1,066,131
Other consumer loans	252,391	242,744
Total Personal Banking	3,905,390	3,830,331
Business Banking:
Commercial real estate loans	1,859,743	1,801,184
Commercial loans	359,524	358,376
Total Business Banking	2,219,267	2,159,560
Total loans	6,124,657	5,989,891
Allowance for loan losses	(59,057)	(67,518)
Total loans, net	6,065,600	5,922,373
Federal Home Loan Bank stock, at cost	38,066	33,293
Accrued interest receivable	18,682	18,623
Real estate owned, net	13,864	16,759
Premises and equipment, net	142,302	143,909
Bank owned life insurance	146,283	144,362
Goodwill	175,498	175,323
Other intangible assets	2,759	3,033
Other assets	45,887	60,586
Total assets	7,864,510	7,775,033
Liabilities:
Noninterest-bearing checking deposits	962,347	891,248
Interest-bearing checking deposits	928,417	874,623
Money market deposit accounts	1,143,199	1,179,070
Savings deposits	1,262,991	1,209,287
Time deposits	1,397,528	1,478,314
Total deposits	5,694,482	5,632,542
Borrowed funds	899,056	888,109
Junior subordinated deferrable interest debentures held by trusts that issued guaranteed capital debt securities	103,094	103,094
Advances by borrowers for taxes and insurance	41,763	30,507
Accrued interest payable	1,302	936
Other liabilities	56,463	57,198
Total liabilities	$ 6,796,160	$ 6,712,386
Shareholders' equity:
Preferred stock, $0.01 par value: 50,000,000 authorized, no shares issued
Common stock, $0.01 par value: 500,000,000 shares authorized, 94,740,749 and 94,721,453 shares issued, respectively	$ 947	$ 947
Paid-in capital	624,321	626,134
Retained earnings	487,150	481,577
Unallocated common stock of Employee Stock Ownership Plan	(21,485)	(21,641)
Accumulated other comprehensive loss	(22,583)	(24,370)
Total shareholders' equity	1,068,350	1,062,647
Total liabilities and shareholders' equity	$ 7,864,510	$ 7,775,033

CONSOLIDATED STATEMENTS OF FIN3

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
Marketable securities available-for-sale, amortized cost (in dollars)	$ 854,147	$ 906,702
Marketable securities held-to-maturity, fair value (in dollars)	$ 62,957	$ 106,292
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	94,740,749	94,721,453

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest income:
Loans receivable	$ 70,985	$ 70,726	$ 141,696	$ 140,048
Mortgage-backed securities	2,058	2,666	4,292	5,459
Taxable investment securities	1,604	1,711	4,052	3,067
Tax-free investment securities	1,143	1,598	2,491	3,253
Interest-earning deposits	180	286	319	486
Total interest income	75,970	76,987	152,850	152,313
Interest expense:
Deposits	5,691	6,421	11,457	12,911
Borrowed funds	8,101	7,793	16,234	15,507
Total interest expense	13,792	14,214	27,691	28,418
Net interest income	62,178	62,773	125,159	123,895
Provision for loan losses	1,050	8,285	1,950	15,770
Net interest income after provision for loan losses	61,128	54,488	123,209	108,125
Noninterest income:
Gain on sale of investments	566	349	661	3,697
Service charges and fees	9,228	9,042	17,887	17,450
Trust and other financial services income	3,094	3,055	5,870	6,102
Insurance commission income	2,210	2,237	4,638	4,801
Loss on real estate owned, net	(541)	(562)	(1,587)	(697)
Income from bank owned life insurance	1,008	1,050	1,921	2,051
Mortgage banking income	218	265	458	514
Other operating income	742	991	1,302	1,890
Total noninterest income	16,525	16,427	31,150	35,808
Noninterest expense:
Compensation and employee benefits	28,920	28,543	56,815	56,515
Premises and occupancy costs	5,899	5,740	12,166	12,297
Office operations	3,508	3,868	7,188	7,625
Processing expenses	7,392	6,639	14,597	13,228
Marketing expenses	3,190	2,931	5,166	4,568
Federal deposit insurance premiums	1,286	1,338	2,633	2,635
Professional services	1,652	1,775	3,444	3,837
Amortization of intangible assets	269	331	537	662
Real estate owned expense	514	459	1,206	1,098
Acquisition expense	467		814
Other expenses	2,038	2,182	4,280	4,504
Total noninterest expense	55,135	53,806	108,846	106,969
Income before income taxes	22,518	17,109	45,513	36,964
Provision for income taxes:
Federal and state income taxes	7,213	4,435	14,038	9,679
Net income	$ 15,305	$ 12,674	$ 31,475	$ 27,285
Basic earnings per share (in dollars per share)	$ 0.17	$ 0.14	$ 0.34	$ 0.30
Diluted earnings per share (in dollars per share)	$ 0.17	$ 0.14	$ 0.34	$ 0.30

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net Income	$ 15,305	$ 12,674	$ 31,475	$ 27,285
Net unrealized holding gains/ (losses) on marketable securities:
Unrealized holding gains/ (losses) net of tax of $1,139, $(1,997), $(746) and $(5,576), respectively	(1,788)	3,123	1,164	8,719
Reclassification adjustment for gains included in net income, net of tax of $179, $130, $222 and $1,348, respectively	(279)	(204)	(347)	(2,108)
Net unrealized holding gains on marketable securities	(2,067)	2,919	817	6,611
Change in fair value of interest rate swaps, net of tax of $(263), $(53), $(287) and $(188), respectively	488	98	532	349
Defined benefit plan:
Reclassification adjustment for prior period service costs included in net income, net of tax of $(140), $74, $(280) and $149, respectively	219	(138)	438	(276)
Other comprehensive income/ (loss)	(1,360)	2,879	1,787	6,684
Total comprehensive income	$ 13,945	$ 15,553	$ 33,262	$ 33,969

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Unrealized holding gains/ (losses), tax	$ 1,139	$ (1,997)	$ (746)	$ (5,576)
Reclassification adjustment for gains included in net income, tax	179	130	222	1,348
Change in fair value of interest rate swaps, tax	(263)	(53)	(287)	(188)
Amortization of prior service costs included in net income, tax	$ (140)	$ 74	$ (280)	$ 149

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income/ (loss)	Unallocated Common Stock of ESOP	Total
Balance at Dec. 31, 2013	$ 943	$ 619,678	$ 569,547	$ (11,900)	$ (23,083)	$ 1,155,185
Balance (in shares) at Dec. 31, 2013	94,243,713
Comprehensive income:
Net Income			27,285			27,285
Other comprehensive income, net of tax of $915, $(1,846), $(1,091) and $(4,267) for the three and six months ending June 30, 2015 and 2014, respectively				6,684		6,684
Total comprehensive income			27,285	6,684		33,969
Exercise of stock options	$ 4	4,459				4,463
Exercise of stock options (in shares)	433,352
Stock-based compensation expense, including tax benefits of $6 for the six months ended June 30, 2015	$ 2	2,076			883	2,961
Stock compensation expense (in shares)	272,630
Dividends paid ($0.14, $1.13, $0.28 and $1.36 per share for the three and six months ending June 30, 2015 and 2014, respectively)			(125,794)			(125,794)
Balance at Jun. 30, 2014	$ 949	626,213	471,038	(5,216)	(22,200)	1,070,784
Balance (in shares) at Jun. 30, 2014	94,949,695
Balance at Mar. 31, 2014	$ 945	622,758	562,933	(8,095)	(22,632)	1,155,909
Balance (in shares) at Mar. 31, 2014	94,464,430
Comprehensive income:
Net Income			12,674			12,674
Other comprehensive income, net of tax of $915, $(1,846), $(1,091) and $(4,267) for the three and six months ending June 30, 2015 and 2014, respectively				2,879		2,879
Total comprehensive income			12,674	2,879		15,553
Exercise of stock options	$ 2	2,167				2,169
Exercise of stock options (in shares)	212,635
Stock-based compensation expense, including tax benefits of $6 for the six months ended June 30, 2015	$ 2	1,288			432	1,722
Stock compensation expense (in shares)	272,630
Dividends paid ($0.14, $1.13, $0.28 and $1.36 per share for the three and six months ending June 30, 2015 and 2014, respectively)			(104,569)			(104,569)
Balance at Jun. 30, 2014	$ 949	626,213	471,038	(5,216)	(22,200)	1,070,784
Balance (in shares) at Jun. 30, 2014	94,949,695
Balance at Dec. 31, 2014	$ 947	626,134	481,577	(24,370)	(21,641)	1,062,647
Balance (in shares) at Dec. 31, 2014	94,721,453
Comprehensive income:
Net Income			31,475			31,475
Other comprehensive income, net of tax of $915, $(1,846), $(1,091) and $(4,267) for the three and six months ending June 30, 2015 and 2014, respectively				1,787		1,787
Total comprehensive income			31,475	1,787		33,262
Exercise of stock options	$ 2	2,065				2,067
Exercise of stock options (in shares)	210,746
Stock-based compensation expense, including tax benefits of $6 for the six months ended June 30, 2015	$ 3	2,120			156	2,279
Stock compensation expense (in shares)	306,350
Share repurchases	$ (5)	(5,998)				(6,003)
Share repurchases (in shares)	(497,800)
Dividends paid ($0.14, $1.13, $0.28 and $1.36 per share for the three and six months ending June 30, 2015 and 2014, respectively)			(25,902)			(25,902)
Balance at Jun. 30, 2015	$ 947	624,321	487,150	(22,583)	(21,485)	1,068,350
Balance (in shares) at Jun. 30, 2015	94,740,749
Balance at Mar. 31, 2015	$ 946	624,584	484,774	(21,223)	(21,565)	1,067,516
Balance (in shares) at Mar. 31, 2015	94,553,350
Comprehensive income:
Net Income			15,305			15,305
Other comprehensive income, net of tax of $915, $(1,846), $(1,091) and $(4,267) for the three and six months ending June 30, 2015 and 2014, respectively				(1,360)		(1,360)
Total comprehensive income			15,305	(1,360)		13,945
Exercise of stock options		632				632
Exercise of stock options (in shares)	60,849
Stock-based compensation expense, including tax benefits of $6 for the six months ended June 30, 2015	$ 3	1,316			80	1,399
Stock compensation expense (in shares)	306,350
Share repurchases	$ (2)	(2,211)				(2,213)
Share repurchases (in shares)	(179,800)
Dividends paid ($0.14, $1.13, $0.28 and $1.36 per share for the three and six months ending June 30, 2015 and 2014, respectively)			(12,929)			(12,929)
Balance at Jun. 30, 2015	$ 947	$ 624,321	$ 487,150	$ (22,583)	$ (21,485)	$ 1,068,350
Balance (in shares) at Jun. 30, 2015	94,740,749

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
Other comprehensive income, tax (in dollars)	$ 915	$ (1,846)	$ (1,091)	$ (4,267)
Stock-based compensation expense, tax benefits (in dollars)			$ 6
Dividends paid, per share (in dollars per share)	$ 0.14	$ 1.13	$ 0.28	$ 1.36

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
OPERATING ACTIVITIES:
Net Income	$ 31,475	$ 27,285
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,950	15,770
Net gain on sale of assets	(311)	(3,874)
Net depreciation, amortization and accretion	2,571	4,937
Decrease in other assets	11,233	4,661
Increase/ (decrease) in other liabilities	1,169	(3,531)
Net amortization on marketable securities	173	210
Noncash write-down of real estate owned	1,927	1,381
Origination of loans held for sale	(221)	(758)
Proceeds from sale of loans held for sale	224	1,023
Noncash compensation expense related to stock benefit plans	2,279	2,961
Net cash provided by operating activities	52,469	50,065
INVESTING ACTIVITIES:
Purchase of marketable securities available-for-sale	(59,980)	(22,805)
Proceeds from maturities and principal reductions of marketable securities held-to-maturity	42,409	7,205
Proceeds from maturities and principal reductions of marketable securities available-for-sale	111,630	70,071
Proceeds from sale of marketable securities available-for-sale	1,214	6,048
Loan originations	(996,253)	(939,594)
Proceeds from loan maturities and principal reductions	850,823	842,751
Purchase of Federal Home Loan Bank stock	(4,773)	(271)
Proceeds from sale of real estate owned	5,704	5,704
Sale of real estate owned for investment, net	304	304
Purchase of premises and equipment	(5,172)	(5,034)
Acquisitions, net of cash received	(438)	(2,792)
Net cash used in investing activities	(54,532)	(38,413)
FINANCING ACTIVITIES:
Increase in deposits, net	61,940	105,043
Proceeds from long-term borrowings	85,000
Repayments of long-term borrowings	(50,026)	(27)
Net decrease in short-term borrowings	(24,027)	(12,283)
Increase in advances by borrowers for taxes and insurance	11,256	11,008
Purchase of common stock for retirement	(6,003)
Cash dividends paid	(25,902)	(125,793)
Proceeds from stock options exercised	2,067	4,463
Net provided by/ (used in) financing activities	54,305	(17,589)
Net increase/ (decrease) in cash and cash equivalents	52,242	(5,937)
Cash and cash equivalents at beginning of period	240,706	391,905
Net increase/ (decrease) in cash and cash equivalents	52,242	(5,937)
Cash and cash equivalents at end of period	292,948	385,968
Cash and cash equivalents:
Total cash and cash equivalents	240,706	391,905
Cash paid during the period for:
Interest on deposits and borrowings (including interest credited to deposit accounts of $10,508 and $11,608, respectively)	27,325	28,490
Income taxes	4,823	14,872
Business acquisitions:
Fair value of assets acquired	(438)	2,798
Cash paid	438	(2,792)
Liabilities assumed		6
Non-cash activities:
Loan foreclosures and repossessions	5,012	3,707
Sale of real estate owned financed by the Company	$ 174	$ 330

CONSOLIDATED STATEMENTS OF CA10

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CONSOLIDATED STATEMENTS OF CASH FLOWS
Interest on deposits and borrowings, interest credited to deposit accounts	$ 10,508	$ 11,608

Basis of Presentation and Infor

Basis of Presentation and Informational Disclosures	6 Months Ended
	Jun. 30, 2015
Basis of Presentation and Informational Disclosures
Basis of Presentation and Informational Disclosures	(1) Basis of Presentation and Informational Disclosures Northwest Bancshares, Inc. (the “Company”) or (“NWBI”), a Maryland corporation headquartered in Warren, Pennsylvania, is a savings and loan holding company regulated by the Board of Governors of the Federal Reserve System. The Company was incorporated to be the successor to Northwest Bancorp, Inc. upon the completion of the mutual-to-stock conversion of Northwest Bancorp, MHC in December 2009. The primary activity of the Company is the ownership of all of the issued and outstanding common stock of Northwest Bank, a Pennsylvania-chartered savings bank (“Northwest”). Northwest is regulated by the FDIC and the Pennsylvania Department of Banking. At June 30, 2015, Northwest operated 161 community-banking offices throughout Pennsylvania, western New York, eastern Ohio and Maryland. The accompanying unaudited consolidated financial statements include the accounts of the Company and its subsidiary, Northwest, and Northwest’s subsidiaries Northwest Settlement Agency, LLC, Northwest Consumer Discount Company, Northwest Financial Services, Inc., Northwest Advisors, Inc., Northwest Capital Group, Inc., Allegheny Services, Inc., Great Northwest Corporation, Boetger & Associates, Inc. and The Bert Company. The unaudited consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information or footnotes required for complete annual financial statements. In the opinion of management, all adjustments necessary for the fair presentation of the Company’s financial position and results of operations have been included. The consolidated statements have been prepared using the accounting policies described in the financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 updated, as required, for any new pronouncements or changes. Certain items previously reported have been reclassified to conform with the current year’s reporting format. The results of operations for the quarter and six months ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015, or any other period. Stock-Based Compensation On May 20, 2015, we awarded employees 600,570 stock options and directors 64,800 stock options with an exercise price of $12.37 and grant date fair value of $1.14 per stock option. On May 20, 2015, we also awarded employees 282,050 restricted common shares and directors 24,300 restricted common shares with a grant date fair value of $12.31. Awarded stock options and common shares vest over a ten-year period with the first vesting occurring on the grant date. Stock-based compensation expense of $1.4 million and $1.7 million for the quarters ended June 30, 2015 and 2014, respectively, and $2.3 million and $3.0 million for the six months ended June 30, 2015 and 2014, respectively, was recognized in compensation expense relating to our stock benefit plans. At June 30, 2015 there was compensation expense of $4.8 million to be recognized for awarded but unvested stock options and $16.3 million for unvested common shares. Income Taxes- Uncertain Tax Positions Accounting standards prescribe a comprehensive model for how a company should recognize, measure, present and disclose in its financial statements uncertain tax positions that the company has taken or expects to take on a tax return. A tax benefit from an uncertain position may be recognized only if it is “more likely than not” that the position is sustainable, based on its technical merits. The tax benefit of a qualifying position is the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority having full knowledge of all relevant information. At June 30, 2015 we had no liability for unrecognized tax benefits. We recognize interest accrued related to: (1) unrecognized tax benefits in federal and state income taxes and (2) refund claims in other operating income. We recognize penalties (if any) in federal and state income taxes. There is no amount accrued for the payment of interest or penalties at June 30, 2015. We are subject to audit by the Internal Revenue Service and any state in which we conduct business for the tax periods ended December 31, 2013, 2012 and 2011. We are currently under audit by the state of New York for the tax periods ended December 31, 2013, 2012 and 2011. Recent Accounting Pronouncements In May 2014 the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers”. This guidance supersedes the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. The core principle of this guidance requires an entity to recognize revenue upon the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services and provides five steps to be analyzed to accomplish the core principle. This guidance is effective retrospectively for annual reporting periods beginning after December 15, 2017, including interim periods within those years and early adoption is not permitted. We are currently evaluating the impact this standard will have on our results of operations and financial position. In June 2014 the FASB issued ASU 2014-12, “Compensation—Stock Compensation”. This guidance requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. Specifically, if the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. Further, the total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. This guidance is effective for annual periods beginning after December 15, 2015, including interim periods within those years and early adoption is permitted. We do not expect that this standard will have a material impact on our results of operations or financial position. In February 2015 the FASB issued ASU 2015-02, “Consolidation” . This guidance amends existing standards regarding the evaluation of certain legal entities and their consolidation in the financial statements. The amendments modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities or voting interest entities and eliminate the presumption that a general partner should consolidate a limited partnership. The amendments also affect the consolidation analysis of reporting entities that are involved with variable interest entities and provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. This guidance is effective for annual periods beginning after December 15, 2015, including interim periods within those years and early adoption is permitted. We do not expect that this standard will have a material impact on our results of operations or financial position.

Business Segments

Business Segments	6 Months Ended
	Jun. 30, 2015
Business Segments
Business Segments	(2) Business Segments We operate in two reportable business segments: Community Banking and Consumer Finance. The Community Banking segment provides services traditionally offered by full-service community banks, including business and personal deposit accounts and business and personal loans, as well as insurance, brokerage and investment management and trust services. The Consumer Finance segment, which is comprised of Northwest Consumer Discount Company, a subsidiary of Northwest, operates 51 offices in Pennsylvania and offers personal installment loans for a variety of consumer and real estate products. This activity is funded primarily through an intercompany borrowing relationship with Allegheny Services, Inc., a subsidiary of Northwest. Net income is the primary measure used by management to measure segment performance. The following tables provide financial information for these reportable segments. The “All Other” column represents the parent company and elimination entries necessary to reconcile to the consolidated amounts presented in the financial statements. At or for the quarter ended: Community Consumer June 30, 2015 ($ in 000’s) Banking Finance All other (1) Consolidated External interest income $ Intersegment interest income — ) — Interest expense Provision for loan losses — Noninterest income Noninterest expense Income tax expense (benefit) ) Net income $ ) Total assets $ Community Consumer June 30, 2014 ($ in 000’s) Banking Finance All other (1) Consolidated External interest income $ Intersegment interest income — ) — Interest expense Provision for loan losses — Noninterest income Noninterest expense Income tax expense (benefit) ) Net income $ ) Total assets $ (1) Eliminations consist of intercompany loans, interest income and interest expense. At or for the six months ended: Community Consumer June 30, 2015 ($ in 000’s) Banking Finance All other (1) Consolidated External interest income $ Intersegment interest income — ) — Interest expense Provision for loan losses — Noninterest income Noninterest expense Income tax expense (benefit) ) Net income $ ) Total assets $ Community Consumer June 30, 2014 ($ in 000’s) Banking Finance All other (1) Consolidated External interest income $ Intersegment interest income — ) — Interest expense Provision for loan losses — Noninterest income Noninterest expense Income tax expense (benefit) ) Net income $ Total assets $ (1) Eliminations consist of intercompany loans, interest income and interest expense.

Investment securities and impai

Investment securities and impairment of investment securities	6 Months Ended
	Jun. 30, 2015
Investment securities and impairment of investment securities
Investment securities and impairment of investment securities	(3) Investment securities and impairment of investment securities The following table shows the portfolio of investment securities available-for-sale at June 30, 2015 (in thousands): Gross Gross unrealized unrealized Amortized holding holding Fair cost gains losses value Debt issued by the U.S. government and agencies: Due in one year or less $ — — Debt issued by government sponsored enterprises: Due in one year or less — Due after one year through five years ) Due after five years through ten years — ) Equity securities — Municipal securities: Due in one year or less — Due after one year through five years — Due after five years through ten years — Due after ten years ) Corporate debt issues: Due after ten years ) Residential mortgage-backed securities: Fixed rate pass-through ) Variable rate pass-through ) Fixed rate non-agency CMOs — Fixed rate agency CMOs ) Variable rate agency CMOs ) Total residential mortgage-backed securities ) Total marketable securities available-for-sale $ ) The following table shows the portfolio of investment securities available-for-sale at December 31, 2014 (in thousands): Gross Gross unrealized unrealized Amortized holding holding Fair cost gains losses value Debt issued by the U.S. government and agencies: Due in one year or less $ — — Debt issued by government sponsored enterprises: Due after one year through five years ) Due after five years through ten years — ) Equity securities ) Municipal securities: Due in one year or less — Due after one year through five years — Due after five years through ten years — Due after ten years — Corporate debt issues: Due after ten years ) Residential mortgage-backed securities: Fixed rate pass-through ) Variable rate pass-through ) Fixed rate non-agency CMOs — Fixed rate agency CMOs ) Variable rate agency CMOs ) Total residential mortgage-backed securities ) Total marketable securities available-for-sale $ ) The following table shows the portfolio of investment securities held-to-maturity at June 30, 2015 (in thousands): Gross Gross unrealized unrealized Amortized holding holding Fair cost gains losses value Municipal securities: Due after five years through ten years $ — Due after ten years — Residential mortgage-backed securities: Fixed rate pass-through — Variable rate pass-through — Fixed rate agency CMOs — Variable rate agency CMOs — Total residential mortgage-backed securities — Total marketable securities held-to-maturity $ — The following table shows the portfolio of investment securities held-to-maturity at December 31, 2014 (in thousands): Gross Gross unrealized unrealized Amortized holding holding Fair cost gains losses value Municipal securities: Due after five years through ten years $ — Due after ten years — Residential mortgage-backed securities: Fixed rate pass-through — Variable rate pass-through — Fixed rate agency CMOs — Variable rate agency CMOs — Total residential mortgage-backed securities — Total marketable securities held-to-maturity $ — The following table shows the fair value of and gross unrealized losses on investment securities, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at June 30, 2015 (in thousands): Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized Fair value loss Fair value loss Fair value loss U.S. government and agencies $ ) ) ) Municipal securities ) — — ) Corporate issues — — ) ) Residential mortgage- backed securities - agency ) ) ) Total temporarily impaired securities $ ) ) ) The following table shows the fair value of and gross unrealized losses on investment securities, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at December 31, 2014 (in thousands): Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized Fair value loss Fair value loss Fair value loss U.S. government and agencies $ ) ) ) Corporate debt issues — — ) ) Equity securities ) — — ) Residential mortgage- backed securities - agency ) ) ) Total temporarily impaired securities $ ) ) ) We review our investment portfolio on a quarterly basis for indications of impairment. This review includes analyzing the length of time and the extent to which amortized costs have exceeded fair values, the financial condition and near-term prospects of the issuer, including any specific events which may influence the operations of the issuer, and the intent to hold the investments for a period of time sufficient to allow for a recovery in value. Certain investments are evaluated using our best estimate of future cash flows. If the estimate of cash flows indicates that an adverse change has occurred, other-than-temporary impairment is recognized for the amount of the unrealized loss that was deemed credit related. Credit related other-than-temporary impairment on all debt securities is recognized in earnings while noncredit related other-than-temporary impairment on available-for-sale debt securities, not expected to be sold, is recognized in other comprehensive income. The table below shows a cumulative roll forward of credit losses recognized in earnings for debt securities held and not intended to be sold for the quarter ended (in thousands): 2015 2014 Beginning balance at April 1, (1) $ Credit losses on debt securities for which other-than-temporary impairment was not previously recognized — — Reduction for losses realized during the quarter ) ) Reduction for securities called realized during the quarter ) Additional credit losses on debt securities for which other-than-temporary impairment was previously recognized — — Ending balance at June 30, $ (1) – The beginning balance represents credit losses included in other-than-temporary impairment charges recognized on debt securities in prior periods. The table below shows a cumulative roll forward of credit losses recognized in earnings for debt securities held and not intended to be sold for the six months ended (in thousands): 2015 2014 Beginning balance at January 1, (1) $ Credit losses on debt securities for which other-than-temporary impairment was not previously recognized — — Reduction for losses realized during the six months ) ) Reduction for securities called realized during the six months ) Additional credit losses on debt securities for which other-than-temporary impairment was previously recognized — — Ending balance at June 30, $ (1) – The beginning balance represents credit losses included in other-than-temporary impairment charges recognized on debt securities in prior periods.

Loans receivable

Loans receivable	6 Months Ended
	Jun. 30, 2015
Loans receivable
Loans receivable	(4) Loans receivable The following table shows a summary of our loans receivable at June 30, 2015 and December 31, 2014 (in thousands): June 30, December 31, 2015 2014 Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate Commercial loans Total Business Banking Total loans receivable, gross Deferred loan costs Allowance for loan losses ) ) Undisbursed loan proceeds: Residential mortgage loans ) ) Commercial real estate ) ) Commercial loans ) ) Total loans receivable, net $ The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the quarter ended June 30, 2015 (in thousands): Balance June 30, 2015 Current period provision Charge-offs Recoveries Balance March 31, 2015 Personal Banking: Residental mortgage loans $ ) Home equity loans ) ) Other consumer loans ) Total Personal Banking ) Business Banking: Commercial real estate loans ) ) Commercial loans ) Total Business Banking ) Unallocated (1) — ) — — Total $ ) (1) – Due to enhancements in our allowance for loan losses process we allocated the previously unallocated allowance using both qualitative and quantitative factors. The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the quarter ended June 30, 2014 (in thousands): Balance June 30, 2014 Current period provision Charge-offs Recoveries Balance March 31, 2014 Personal Banking: Residental mortgage loans $ ) Home equity loans ) Other consumer loans ) Total Personal Banking ) Business Banking: Commercial real estate loans ) Commercial loans ) Total Business Banking ) Unallocated — — Total $ ) The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the six months ended June 30, 2015 (in thousands): Balance June 30, 2015 Current period provision Charge-offs Recoveries Balance December 31, 2014 Personal Banking: Residental mortgage loans $ ) ) Home equity loans ) ) Other consumer loans ) Total Personal Banking ) Business Banking: Commercial real estate loans ) ) Commercial loans ) Total Business Banking ) Unallocated (1) — ) — — Total $ ) (1) - Due to enhancements in our allowance for loan losses process we allocated the previously unallocated allowance using both qualitative and quantitative factors. The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the six months ended June 30, 2014 (in thousands): Balance June 30, 2014 Current period provision Charge-offs Recoveries Balance December 31, 2013 Personal Banking: Residental mortgage loans $ ) Home equity loans ) Other consumer loans ) Total Personal Banking ) Business Banking: Commercial real estate loans ) Commercial loans ) Total Business Banking ) Unallocated ) — — Total $ ) The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at June 30, 2015 (in thousands): Recorded investment in loans receivable Allowance for loan losses Recorded investment in loans on nonaccrual (1) Recorded investment in loans past due 90 days or more and still accruing TDRs Allowance related to TDRs Additional commitments to customers with loans classified as TDRs Personal Banking: Residental mortgage loans $ — Home equity loans — — Other consumer loans — — — Total Personal Banking — Business Banking: Commercial real estate loans — Commercial loans Total Business Banking Total $ (1) Includes $15.4 million of nonaccrual TDRs. The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at December 31, 2014 (in thousands): Recorded investment in loans receivable Allowance for loan losses Recorded investment in loans on nonaccrual (1) Recorded investment in loans past due 90 days or more and still accruing TDRs Allowance related to TDRs Additional commitments to customers with loans classified as TDRs Personal Banking: Residental mortgage loans $ — Home equity loans — — Other consumer loans — — — Total Personal Banking — Business Banking: Commercial real estate loans — Commercial loans Total Business Banking Total $ (1) Includes $24.5 million of nonaccrual TDRS. The following table provides geographical and delinquency information related to the loan portfolio by portfolio segment and class of financing receivable at June 30, 2015 (in thousands): Pennsylvania New York Ohio Maryland Other Total Recorded investment in loans receivable: Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ Percentage of total loans receivable % % % % % % Pennsylvania New York Ohio Maryland Other Total Loans 90 or more days delinquent: Personal Banking: Residential mortgage loans $ Home equity loans — — Other consumer loans — — Total Personal Banking Business Banking: Commercial real estate loans Commercial loans — — — Total Business Banking Total $ Percentage of total loans 90 or more days delinquent % % % % % % The following table provides geographical and delinquency information related to the loan portfolio by portfolio segment and class of financing receivable at December 31, 2014 (in thousands): Pennsylvania New York Ohio Maryland Other Total Recorded investment in loans receivable: Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ Percentage of total loans receivable % % % % % % Pennsylvania New York Ohio Maryland Other Total Loans 90 or more days delinquent: Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans — — Total Personal Banking Business Banking: Commercial real estate loans — Commercial loans — Total Business Banking — Total $ Percentage of total loans 90 or more days delinquent % % % % % % The following table provides information related to the composition of impaired loans by portfolio segment and by class of financing receivable at and for the six months ended June 30, 2015 (in thousands): Nonaccrual loans 90 or more days delinquent Nonaccrual loans less than 90 days delinquent Loans less than 90 days delinquent reviewed for impairment TDRs less than 90 days delinquent not included elsewhere Total impaired loans Average recorded investment in impaired loans Interest income recognized on impaired loans Personal Banking: Residental mortgage loans $ — Home equity loans — Other consumer loans — — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ The following table provides information related to the composition of impaired loans by portfolio segment and by class of financing receivable at and for the year ended December 31, 2014 (in thousands): Nonaccrual loans 90 or more days delinquent Nonaccrual loans less than 90 days delinquent Loans less than 90 days delinquent reviewed for impairment TDRs less than 90 days delinquent not included elsewhere Total impaired loans Average recorded investment in impaired loans Interest income recognized on impaired loans Personal Banking: Residental mortgage loans $ — Home equity loans — Other consumer loans — — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ The following table provides information related to the evaluation of impaired loans by portfolio segment and by class of financing receivable at June 30, 2015 (in thousands): Loans collectively evaluated for impairment Loans individually evaluated for impairment Loans individually evaluated for impairment for which there is a related impairment reserve Related impairment reserve Loans individually evaluated for impairment for which there is no related reserve Personal Banking: Residental mortgage loans $ — Home equity loans — Other consumer loans — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ The following table provides information related to the evaluation of impaired loans by portfolio segment and by class of financing receivable at December 31, 2014 (in thousands): Loans collectively evaluated for impairment Loans individually evaluated for impairment Loans individually evaluated for impairment for which there is a related impairment reserve Related impairment reserve Loans individually evaluated for impairment for which there is no related reserve Personal Banking: Residental mortgage loans $ — Home equity loans — Other consumer loans — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ Our loan portfolios include loans that have been modified in a troubled debt restructuring (TDR), where concessions have been granted to borrowers who have experienced financial difficulties. These concessions typically result from our loss mitigation activities and could include: extending the note’s maturity date, permitting interest only payments, reducing the interest rate to a rate lower than current market rates for new debt with similar risk, reducing the principal payment, principal forbearance or other actions. These concessions are applicable to all loan segments and classes. Certain TDRs are classified as nonperforming at the time of restructuring and may be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period of at least six months. When we modify loans in a TDR, we evaluate any possible impairment similar to other impaired loans based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan agreement, the loan’s observable market price or the current fair value of the collateral, less selling costs, for collateral dependent loans. If we determine that the value of the modified loan is less than the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), impairment is recognized through an allowance estimate or a charge-off to the allowance. In periods subsequent to modification, we evaluate all TDRs, including those that have payment defaults, for possible impairment, using ASC 310-10. As a result, loans modified in a TDR may have the financial effect of increasing the specific allowance associated with the loan. Loans modified in a TDR are closely monitored for delinquency as an early indicator of possible future default. If loans modified in a TDR subsequently default, we evaluate the loan for possible further impairment. The allowance may be increased, adjustments may be made in the allocation of the allowance, partial charge-offs may be taken to further write-down the carrying value of the loan, or the loan may be charged-off completely. The following table provides a roll forward of troubled debt restructurings for the periods indicated (in thousands): For the quarters ended June 30, 2015 2014 Number of contracts Number of contracts Beginning TDR balance: $ $ New TDRs Re-modified TDRs — — Net paydowns ) ) Charge-offs: Residential mortgage loans — — — — Home equity loans ) ) Commercial real estate loans ) — — Commercial loans — — ) Paid-off loans: Residential mortgage loans ) — — Home equity loans — — ) Commercial real estate loans ) ) Commercial loans ) ) Ending TDR balance: $ $ Accruing TDRs $ $ Non-accrual TDRs The following table provides a roll forward of troubled debt restructurings for the periods indicated (in thousands): For the six months ended June 30, 2015 2014 Number of contracts Number of contracts Beginning TDR balance: $ $ New TDRs Re-modified TDRs Net paydowns ) ) Charge-offs: Residential mortgage loans — — — — Home equity loans ) ) Commercial real estate loans ) ) Commercial loans ) ) Paid-off loans: Residential mortgage loans ) — — Home equity loans ) ) Commercial real estate loans ) ) Commercial loans ) ) Ending TDR balance: $ $ Accruing TDRs $ $ Non-accrual TDRs The following table provides information related to troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable during the periods indicated (dollars in thousands): For the quarter ended June 30, 2015 For the six months ended June 30, 2015 Number of contracts Recorded investment at the time of modification Current recorded investment Current allowance Number of contracts Recorded investment at the time of modification Current recorded investment Current allowance Troubled debt restructurings: Personal Banking: Residential mortgage loans $ — $ Home equity loans — Other consumer loans — — — — — — — — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ $ Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted: Personal Banking: Residential mortgage loans $ — $ — Home equity loans — — Other consumer loans — — — — — — — — Total Personal Banking — — Business Banking: Commercial real estate loans — — — — — — — — Commercial loans — — — — — — Total Business Banking — — — — — — Total $ — $ — The following table provides information related to troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable during the periods indicated (dollars in thousands): For the quarter ended June 30, 2014 For the six months months ended June 30, 2014 Number of contracts Recorded investment at the time of modification Current recorded investment Current allowance Number of contracts Recorded investment at the time of modification Current recorded investment Current allowance Troubled debt restructurings: Personal Banking: Residential mortgage loans $ $ Home equity loans Other consumer loans — — — — — — — — Total Personal Banking Business Banking: Commercial real estate loans — — — — Commercial loans Total Business Banking Total $ $ Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted: Personal Banking: Residential mortgage loans — $ — — — — $ — — — Home equity loans — — — — — — — — Other consumer loans — — — — — — — — Total Personal Banking — — — — — — — — Business Banking: Commercial real estate loans Commercial loans — — Total Business Banking Total $ $ The following table provides information as of June 30, 2015 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the quarter ended June 30, 2015 (dollars in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — Home equity loans — — — Other consumer loans — — — — — — Total Personal Banking — Business Banking: Commercial real estate loans — — — Commercial loans — — — Total Business Banking — — — Total $ — The following table provides information as of June 30, 2014 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the quarter ended June 30, 2014 (dollars in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — Other consumer loans — — — — — — Total Personal Banking — — — Business Banking: Commercial real estate loans — — — — — — Commercial loans — — — Total Business Banking — — — Total $ — — The following table provides information as of June 30, 2015 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the six months ended June 30, 2015 (dollars in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — Home equity loans — — Other consumer loans — — — — — — Total Personal Banking — Business Banking: Commercial real estate loans — — — Commercial loans — — — Total Business Banking — — — Total $ — The following table provides information as of June 30, 2014 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the six months ended June 30, 2014 (dollars in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — Other consumer loans — — — — — — Total Personal Banking — — — Business Banking: Commercial real estate loans — — Commercial loans — — Total Business Banking — Total $ — The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the quarter ended June 30, 2015 (dollars in thousands): Number of re- Type of re-modification modified TDRs Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — — — — Other consumer loans — — — — — — Total Personal Banking — — — Business Banking: Commercial real estate loans — — — — — — Commercial loans — — — — — — Total Business Banking — — — — — — Total $ — — — No TDRs were re-modified during the quarter ended June 30, 2014. The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the six months ended June 30, 2015 (dollars in thousands): Number of re- Type of re-modification modified TDRs Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — Other consumer loans — — — — — — Total Personal Banking — — Business Banking: Commercial real estate loans — — — — — — Commercial loans — — — — — — Total Business Banking — — — — — — Total $ — — The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the six months ended June 30, 2014 (dollars in thousands): Number of re- Type of re-modification modified TDRs Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — — — — Other consumer loans — — — — — — Total Personal Banking — — — Business Banking: Commercial real estate loans — — Commercial loans — — — Total Business Banking — — Total $ — — The following table provides information related to loan payment delinquencies at June 30, 2015 (in thousands): 30-59 Days delinquent 60-89 Days delinquent 90 Days or greater delinquent Total delinquency Current Recorded investment in loans receivable Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ The following table provides information related to loan payment delinquencies at December 31, 2014 (in thousands): 30-59 Days delinquent 60-89 Days delinquent 90 Days or greater delinquent Total delinquency Current Recorded investment in loans receivable Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ Credit quality indicators : We categorize loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. We analyze loans individually by classifying the loans by credit risk. Credit relationships greater than or equal to $1.0 million classified as special mention or substandard are reviewed quarterly for deterioration or improvement to determine if the loan is appropriately classified. We use the following definitions for risk ratings other than pass: Special mention — Loans designated as special mention have specific, well-defined risk issues, which create a high level of uncertainty regarding the long-term viability of the business. Loans in this class are considered to have high-risk characteristics. A special mention loan exhibits material negative financial trends due to company-specific or systemic conditions. If these potential weaknesses are not mitigated, they threaten the borrower’s capacity to meet its debt obligations. Special mention loans still demonstrate sufficient financial flexibility to react to and positively address the root cause of the adverse financial trends without significant deviations from their current business strategy. Their potential weaknesses deserve our close attention and warrant enhanced monitoring. Substandard — Loans classified as substandard are inadequately protected by the current net worth and payment capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that we will sustain some loss if the deficiencies are not corrected. Doubtful — Loans classified as doubtful have all the weaknesses inherent in those classified as substandard. In addition, those weaknesses make collection or liquidation in full highly questionable and improbable. A loan classified as doubtful exhibits discernible loss potential, but a complete loss seems very unlikely. The possibility of a loss on a doubtful loan is high, but because of certain important and reasonably specific pending factors that may strengthen the loan, its classification as an estimated loss is deferred until a more exact status can be determined. Loss — Loans classified as loss are considered uncollectible and of such value that the continuance as a loan is not warranted. A loss classification does not mean that the loan has no recovery or salvage value; instead, it means that it is not practical or desirable to defer writing off all or a portion of a basically worthless loan even though partial recovery may be possible in the future. The following table sets forth information about credit quality indicators, which were updated during the quarter ended June 30, 2015 (in thousands): Pass Special mention Substandard Doubtful Loss Recorded investment in loans receivable Personal Banking: Residential mortgage loans $ — — Home equity loans — — — Other consumer loans — — — Total Personal Banking — — Business Banking: Commercial real estate loans — — Commercial loans — Total Business Banking — Total $ The following table sets forth information about credit quality indicators, which were updated during the year ended December 31, 2014 (in thousands): Pass Special mention Substandard Doubtful Loss Recorded investment in loans receivable Personal Banking: Residential mortgage loans $ — — Home equity loans — — — Other consumer loans — — — Total Personal Banking — — Business Banking: Commercial real estate loans — Commercial loans — Total Business Banking — Total $

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets	(5) Goodwill and Other Intangible Assets The following table provides information for intangible assets subject to amortization at the dates indicated (in thousands): June 30, December 31, 2015 2014 Amortizable intangible assets: Core deposit intangibles — gross $ Acquisitions — — Less: accumulated amortization ) ) Core deposit intangibles — net — — Customer and Contract intangible assets — gross Acquisitions Less: accumulated amortization ) ) Customer and Contract intangible assets — net $ The following table shows the actual aggregate amortization expense for the quarters and six months ended June 30, 2015 and 2014, as well as the estimated aggregate amortization expense, based upon current levels of intangible assets, for the current fiscal year and each of the five succeeding fiscal years (in thousands): For the quarter ended June 30, 2015 $ For the quarter ended June 30, 2014 For the six months ended June 30, 2015 For the six months ended June 30, 2014 For the year ending December 31, 2015 For the year ending December 31, 2016 For the year ending December 31, 2017 For the year ending December 31, 2018 For the year ending December 31, 2019 For the year ending December 31, 2020 The following table provides information for the changes in the carrying amount of goodwill (in thousands): Community Consumer Banks Finance Total Balance at December 31, 2013 $ Goodwill acquired — Impairment losses — — — Balance at December 31, 2014 Goodwill acquired — Impairment losses — — — Balance at June 30, 2015 $ We are in the process of performing our annual goodwill impairment test as of June 30, 2015 and do not anticipate that goodwill will be impaired. See the Overview of Critical Accounting Policies Involving Estimates section for a description of our testing procedures.

Guarantees

Guarantees	6 Months Ended
	Jun. 30, 2015
Guarantees
Guarantees	(6) Guarantees We issue standby letters of credit in the normal course of business. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Standby letters of credit generally are contingent upon the failure of the customer to perform according to the terms of the underlying contract with the third party. We are required to perform under a standby letter of credit when drawn upon by the guaranteed third party in the case of nonperformance by our customer. The credit risk associated with standby letters of credit is essentially the same as that involved in extending loans to customers and is subject to normal loan underwriting procedures. Collateral may be obtained based on management’s credit assessment of the customer. At June 30, 2015, the maximum potential amount of future payments we could be required to make under these standby letters of credit was $25.0 million, of which $24.3 million is fully collateralized. At June 30, 2015, we had a liability, which represents deferred income, of $1.2 million related to the standby letters of credit. There are no recourse provisions that would enable us to recover any amounts from third parties.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share
Earnings Per Share	(7) Earnings Per Share Basic earnings per common share (EPS) is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding for the period, without considering any dilutive items. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. Stock options to purchase 1,711,080 shares of common stock with a weighted average exercise price of $12.64 per share were outstanding during the quarter ended June 30, 2015 but were not included in the computation of diluted earnings per share because the options’ exercise price was greater than the average market price of the common shares of $12.32. Stock options to purchase 4,344,225 shares of common stock with a weighted average exercise price of $12.42 per share were outstanding during the six months ended June 30, 2015 but were not included in the computation of diluted earnings per share because the options’ exercise price was greater than the average market price of the common shares of $12.11. All stock options outstanding during the quarter and six months ended June 30, 2014 were included in the computation of diluted earnings per share because the stock options’ exercise price was less than the average market price of the common shares of $13.72 and $14.09, respectively. The computation of basic and diluted earnings per share follows (in thousands, except share data and per share amounts): Quarter ended Six months ended June 30, June 30, 2015 2014 2015 2014 Reported net income $ Weighted average common shares outstanding Dilutive potential shares due to effect of stock options Total weighted average common shares and dilutive potential shares Basic earnings per share: $ Diluted earnings per share: $

Pension and Other Post-retireme

Pension and Other Post-retirement Benefits	6 Months Ended
	Jun. 30, 2015
Pension and Other Post-retirement Benefits
Pension and Other Post-retirement Benefits	(8) Pension and Other Post-retirement Benefits The following table sets forth the net periodic costs for the defined benefit pension plans and post retirement healthcare plans for the periods indicated (in thousands): Components of net periodic benefit cost Quarter ended June 30, Pension benefits Other post-retirement benefits 2015 2014 2015 2014 Service cost $ — — Interest cost Expected return on plan assets ) ) — — Amortization of prior service cost ) ) — — Amortization of the net loss Net periodic (benefit)/ cost $ ) Components of net periodic benefit cost Six months ended June 30, Pension benefits Other post-retirement benefits 2015 2014 2015 2014 Service cost $ — — Interest cost Expected return on plan assets ) ) — — Amortization of prior service cost ) ) — — Amortization of the net loss Net periodic (benefit)/ cost $ ) We anticipate making a contribution to our defined benefit pension plan of $4.0 million to $8.0 million during the year ending December 31, 2015.

Disclosures About Fair Value of

Disclosures About Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2015
Disclosures About Fair Value of Financial Instruments
Disclosures About Fair Value of Financial Instruments	(9) Disclosures About Fair Value of Financial Instruments Fair value information about financial instruments, whether or not recognized in the consolidated statement of financial condition, is required to be disclosed. These requirements exclude certain financial instruments and all nonfinancial instruments. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. Financial assets and liabilities recognized or disclosed at fair value on a recurring basis and certain financial assets and liabilities on a non-recurring basis are accounted for using a three-level hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. This hierarchy gives the highest priority to quoted prices with readily available independent data in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable market inputs (Level 3). When various inputs for measurement fall within different levels of the fair value hierarchy, the lowest level input that has a significant impact on fair value measurement is used. Financial assets and liabilities are categorized based upon the following characteristics or inputs to the valuation techniques: · Level 1 — Financial assets and liabilities for which inputs are observable and are obtained from reliable quoted prices for identical assets or liabilities in actively traded markets. This is the most reliable fair value measurement and includes, for example, active exchange-traded equity securities. · Level 2 — Financial assets and liabilities for which values are based on quoted prices in markets that are not active or for which values are based on similar assets or liabilities that are actively traded. Level 2 also includes pricing models in which the inputs are corroborated by market data, for example, matrix pricing. · Level 3 — Financial assets and liabilities for which values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. Level 3 inputs include the following: · Quotes from brokers or other external sources that are not considered binding; · Quotes from brokers or other external sources where it cannot be determined that market participants would in fact transact for the asset or liability at the quoted price; · Quotes and other information from brokers or other external sources where the inputs are not deemed observable. We are responsible for the valuation process and as part of this process may use data from outside sources in establishing fair value. We perform due diligence to understand the inputs used or how the data was calculated or derived. We also corroborate the reasonableness of external inputs in the valuation process. The carrying amounts reported in the consolidated statement of financial condition approximate fair value for the following financial instruments: cash on hand, interest-earning deposits in other institutions, federal funds sold and other short-term investments, accrued interest receivable, accrued interest payable, and marketable securities available-for-sale. Marketable Securities Where available, market values are based on quoted market prices, dealer quotes, and prices obtained from independent pricing services. Debt securities — available for sale - Generally, debt securities are valued using pricing for similar securities, recently executed transactions and other pricing models utilizing observable inputs. The valuation for most debt securities is classified as Level 2. Securities within Level 2 include corporate bonds, municipal bonds, mortgage-backed securities and US government obligations. Certain corporate debt securities do not have an active market and as such the broker pricing received uses alternative methods. The fair value of these corporate debt securities is determined by using a discounted cash flow model using market assumptions, which generally include cash flow, collateral and other market assumptions. As such, these securities are included herein as Level 3 assets. Equity securities — available for sale - Level 1 securities include publicly traded securities valued using quoted market prices. We consider the financial condition of the issuer to determine if the securities have indicators of impairment. Debt securities — held to maturity - The fair value of debt securities held to maturity is determined in the same manner as debt securities available for sale. Loans Receivable Loans with comparable characteristics including collateral and re-pricing structures are segregated for valuation purposes. Characteristics include remaining term, coupon interest, and estimated prepayment speeds. Delinquent loans are separately evaluated given the impact delinquency has on the projected future cash flow of the loan and the approximate discount or market rate. Each loan pool is separately valued utilizing a discounted cash flow analysis. Projected monthly cash flows are discounted to present value using a market rate for comparable loans, which is not considered an exit price. Federal Home Loan Bank of Pittsburgh (“FHLB”) Stock Due to the restrictions placed on the transferability of FHLB stock it is not practical to determine the fair value. Deposit Liabilities The estimated fair value of deposits with no stated maturity, which includes demand deposits, money market, and other savings accounts, is the amount payable on demand. Although market premiums paid for depository institutions reflect an additional value for these low-cost deposits, adjusting fair value for any value expected to be derived from retaining those deposits for a future period of time or from the benefit that results from the ability to fund interest-earning assets with these deposit liabilities is prohibited. The fair value estimates of deposit liabilities do not include the benefit that results from the low-cost funding provided by these deposits compared to the cost of borrowing funds in the market. Fair values for time deposits are estimated using a discounted cash flow calculation that applies contractual cost currently being offered in the existing portfolio to current market rates being offered locally for deposits of similar remaining maturities. The valuation adjustment for the portfolio consists of the present value of the difference of these two cash flows, discounted at the assumed market rate of the corresponding maturity. Borrowed Funds Fixed rate advances are valued by comparing their contractual cost to the prevailing market cost. The carrying amount of collateralized borrowings approximates the fair value. Junior Subordinated Debentures The fair value of junior subordinated debentures is calculated using the discounted cash flows at the prevailing rate of interest. Cash flow hedges — Interest rate swap agreements (“swaps”) The fair value of the swaps is the amount we would expect to pay to terminate the agreements and is based upon the present value of the expected future cash flows using the LIBOR swap curve, the basis for the underlying interest rate. Off-Balance Sheet Financial Instruments These financial instruments generally are not sold or traded, and estimated fair values are not readily available. However, the fair value of commitments to extend credit and standby letters of credit is estimated using the fees currently charged to enter into similar agreements. Commitments to extend credit are generally short-term in nature and, if drawn upon, are issued under current market terms. At June 30, 2015 and December 31, 2014, there was no significant unrealized appreciation or depreciation on these financial instruments. The following table sets forth the carrying amount and estimated fair value of our financial instruments included in the consolidated statement of financial condition at June 30, 2015 (in thousands): Carrying Estimated amount fair value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ — — Securities available-for-sale Securities held-to-maturity — — Loans receivable, net — — Accrued interest receivable — — FHLB Stock — — — Total financial assets $ Financial liabilities: Savings and checking deposits $ — — Time deposits — — Borrowed funds — Junior subordinated debentures — — Cash flow hedges - swaps — — Accrued interest payable — — Total financial liabilities $ The following table sets forth the carrying amount and estimated fair value of our financial instruments included in the consolidated statement of financial condition at December 31, 2014 (in thousands): Carrying Estimated amount fair value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ — — Securities available-for-sale Securities held-to-maturity — — Loans receivable, net — — Accrued interest receivable — — FHLB Stock — — — Total financial assets $ Financial liabilities: Savings and checking accounts $ — — Time deposits — — Borrowed funds — Junior subordinated debentures — — Cash flow hedges - swaps — — Accrued interest payable — — Total financial liabilities $ Fair value estimates are made at a point-in-time, based on relevant market data and information about the instrument. The methods and assumptions detailed above were used in estimating the fair value of financial instruments at both June 30, 2015 and December 31, 2014. There were no transfers of financial instruments between Level 1 and Level 2 during the six months ended June 30, 2015. The following table represents assets and liabilities measured at fair value on a recurring basis at June 30, 2015 (in thousands): Total assets at Level 1 Level 2 Level 3 fair value Equity securities $ — — Debt securities: U.S. government and agencies — — Government sponsored enterprises — — States and political subdivisions — — Corporate — Total debt securities — Residential mortgage-backed securities: GNMA — — FNMA — — FHLMC — — Non-agency — — Collateralized mortgage obligations: GNMA — — FNMA — — FHLMC — — SBA — — Non-agency — — Total mortgage-backed securities — — Interest rate swaps — ) — ) Total assets and liabilities $ The following table represents assets and liabilities measured at fair value on a recurring basis at December 31, 2014 (in thousands): Total assets at Level 1 Level 2 Level 3 fair value Equity securities $ — — Debt securities: U.S. government and agencies — — Government sponsored enterprises — — States and political subdivisions — — Corporate — Total debt securities — Residential mortgage-backed securities: GNMA — — FNMA — — FHLMC — — Non-agency — — Collateralized mortgage obligations: GNMA — — FNMA — — FHLMC SBA — — Non-agency — — Total mortgage-backed securities — — Interest rate swaps — ) — ) Total assets and liabilities $ The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the periods indicated (in thousands): Quarter ended Six months ended June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Beginning balance $ Total net realized investment gains/ (losses) and net change in unrealized appreciation/ (depreciation): Included in net income as OTTI — — — — Included in other comprehensive income ) ) Purchases — — — — Sales — — — — Transfers in to Level 3 — — — — Transfers out of Level 3 — — — — Ending balance $ Certain assets and liabilities are measured at fair value on a nonrecurring basis after initial recognition such as loans measured for impairment and real estate owned. The following table represents the fair value measurement for nonrecurring assets at June 30, 2015 (in thousands): Total assets at Level 1 Level 2 Level 3 fair value Loans measured for impairment $ — — Real estate owned — — Total assets $ — — Certain assets and liabilities are measured at fair value on a nonrecurring basis after initial recognition such as loans measured for impairment and real estate owned. The following table represents the fair value measurement for nonrecurring assets at December 31, 2014 (in thousands): Total assets at Level 1 Level 2 Level 3 fair value Loans measured for impairment $ — — Real estate owned — — Total assets $ — — Impaired loans — A loan is considered to be impaired as described in the Overview of Critical Accounting Policies Involving Estimates, Allowance for Loan Losses section. We classify loans individually evaluated for impairment that require a specific or TDR reserve as nonrecurring Level 3. Real Estate Owned — Real estate owned is comprised of property acquired through foreclosure or voluntarily conveyed by delinquent borrowers. These assets are recorded on the date acquired at the lower of the related loan balance or fair value, less estimated disposition costs, with the fair value being determined by appraisal. Subsequently, foreclosed assets are valued at the lower of the amount recorded at acquisition date or fair value, less estimated disposition costs. We classify all real estate owned as nonrecurring Level 3. The table presents additional quantitative information about assets measured at fair value on a recurring and nonrecurring basis and for which we have utilized Level 3 inputs to determine fair value at June 30, 2015 (dollar amounts in thousands): Fair value Valuation techniques Significant unobservable inputs Range (weighted average) Debt securities $ Discounted cash flow Discount margin Default rates Prepayment speeds 0.35% to 2.10% (0.69%) 1.00% 1.00% annually Loans measured for impairment Appraisal value (1) Estimated cost to sell 10% Discounted cash flow Discount rate 3.75% to 6.50% (5.13%) Real estate owned Appraisal value (1) Estimated cost to sell 10% (1) Fair value is generally determined through independent appraisals of the underlying collateral, which may include level 3 inputs that are not identifiable, or by using the discounted cash flow method if the loan is not collateral dependent. The significant unobservable inputs used in the fair value measurement of our debt securities are discount margins, default rates and prepayment speeds. Significant increases in any of those rates would result in a significantly lower fair value measurement.

Guaranteed Preferred Beneficial

Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust-Preferred Securities) and Interest Rate Swaps	6 Months Ended
	Jun. 30, 2015
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust-Preferred Securities) and Interest Rate Swaps
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust-Preferred Securities) and Interest Rate Swaps	(10) Guaranteed Preferred Beneficial Interests in the Company’s Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps We have two statutory business trusts: Northwest Bancorp Capital Trust III, a Delaware statutory business trust and Northwest Bancorp Statutory Trust IV, a Connecticut statutory business trust (“Trusts”). These trusts exist solely to issue preferred securities to third parties for cash, issue common securities to the Company in exchange for capitalization of the Trusts, invest the proceeds from the sale of the trust securities in an equivalent amount of debentures of the Company, and engage in other activities that are incidental to those previously listed. Northwest Bancorp Capital Trust III (Trust III) issued 50,000 cumulative trust preferred securities in a private transaction to a pooled investment vehicle on December 5, 2006 (liquidation value of $1,000 per preferred security or $50,000,000) with a stated maturity of December 30, 2035. These securities carry a floating interest rate, which is reset quarterly, equal to three-month LIBOR plus 1.38%. Northwest Bancorp Statutory Trust IV (Trust IV) issued 50,000 cumulative trust preferred securities in a private transaction to a pooled investment vehicle on December 15, 2006 (liquidation value of $1,000 per preferred security or $50,000,000) with a stated maturity of December 15, 2035. These securities carry a floating interest rate, which is reset quarterly, equal to three-month LIBOR plus 1.38%. The Trusts have invested the proceeds of the offerings in junior subordinated deferrable interest debentures issued by the Company. The structure of these debentures mirrors the structure of the trust-preferred securities. Trust III holds $51,547,000 of the Company’s junior subordinated debentures and Trust IV holds $51,547,000 of the Company’s junior subordinated debentures. These subordinated debentures are the sole assets of the Trusts. Cash distri-butions on the trust securities are made on a quarterly basis to the extent interest on the debentures is received by the Trusts. We have the right to defer payment of interest on the subordinated debentures at any time, or from time-to-time, for periods not exceeding five years. If interest payments on the subordinated debentures are deferred, the distributions on the trust preferred securities are also deferred. Interest on the subordinated debentures and distributions on the trust securities is cumulative. To date, there have been no interest deferrals. Our obligation constitutes a full, irrevocable, and unconditional guarantee on a subordinated basis of the obligations of the trust under the preferred securities. We are currently a counterparty to three interest rate swap agreements (swaps), designating the swaps as cash flow hedges. The swaps are intended to protect against the variability of cash flows associated with Trust III and Trust IV. The first swap modifies the re-pricing characteristics of Trust III, wherein for a ten year period expiring in September 2018, the Company receives interest of three-month LIBOR from a counterparty and pays a fixed rate of 4.61% to the same counterparty calculated on a notional amount of $25.0 million. The other two swaps modify the re-pricing characteristics of Trust IV, wherein (i) for a seven year period expiring in December 2015, the Company receives interest of three-month LIBOR from a counterparty and pays a fixed rate of 3.85% to the same counterparty calculated on a notional amount of $25.0 million and (ii) for a ten year period expiring in December 2018, the Company receives interest of three-month LIBOR from a counterparty and pays a fixed rate of 4.09% to the same counterparty calculated on a notional amount of $25.0 million. The swap agreements were entered into with a counterparty that met our credit standards and the agreements contain collateral provisions protecting the at-risk party. We believe that the credit risk inherent in the contracts is not significant. At June 30, 2015, $6.1 million of cash was pledged as collateral to the counterparty. At June 30, 2015, the fair value of the swap agreements was $(5.5) million and was the amount we would have expected to pay if the contracts were terminated. There was no material hedge ineffectiveness for these swaps. The following table shows liability derivatives, included in other liabilities, at June 30, 2015 and December 31, 2014 (in thousands): June 30, December 31, 2015 2014 Fair value $ Notional amount Collateral posted

Legal Proceedings

Legal Proceedings	6 Months Ended
	Jun. 30, 2015
Legal Proceedings
Legal Proceedings	(11) Legal Proceedings We establish accruals for legal proceedings when information related to the loss contingencies represented by those matters indicates both that a loss is probable and that the amount of loss can be reasonably estimated. As of June 30, 2015 we have not accrued for any legal proceedings based on our analysis of currently available information which is subject to significant judgment and a variety of assumptions and uncertainties. Any such accruals are adjusted thereafter as appropriate to reflect changes in circumstances. Due to the inherent subjectivity of assessments and unpredictability of outcomes of legal proceedings, any amounts accrued may not represent the ultimate loss to us from legal proceedings.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2015
Changes in Accumulated Other Comprehensive Income
Changes in Accumulated Other Comprehensive Income	(12) Changes in Accumulated Other Comprehensive Income The following table shows the changes in accumulated other comprehensive income by component for the periods indicated (in thousands): For the quarter ended June 30, 2015 Unrealized gains and (losses) on securities available- for-sale Change in fair value of interest rate swaps Change in defined benefit pension plans Total Balance as of March 31, 2015 $ ) ) ) Other comprehensive income before reclassification adjustments ) — ) Amounts reclassified from accumulated other comprehensive income (1), (2) ) — ) Net other comprehensive loss ) ) Balance as of June 30, 2015 $ ) ) ) For the quarter ended June 30, 2014 Unrealized gains and (losses) on securities available- for-sale Change in fair value of interest rate swaps Change in defined benefit pension plans Total Balance as of March 31, 2014 $ ) ) ) Other comprehensive income before reclassification adjustments — Amounts reclassified from accumulated other comprehensive income (3), (4) ) — ) ) Net other comprehensive income ) Balance as of June 30, 2014 $ ) ) ) (1) Consists of realized gains on securities (gain on sales of investments, net) of $458, net of tax (income tax expense) of $(179). (2) Consists of amortization of prior service cost (compensation and employee benefits) of $581 and amortization of net loss (compensation and employee benefits) of $(940), net of tax (income tax expense) of $140. See note 8. (3) Consists of realized gains on securities (gain on sales of investments, net) of $334, net of tax (income tax expense) of $(130). (4) Consists of amortization of prior service cost (compensation and employee benefits) of $581 and amortization of net loss (compensation and employee benefits) of $(369), net of tax (income tax expense) of $(74). See note 8. The following table shows the changes in accumulated other comprehensive income by component for the periods indicated (in thousands): For the six months ended June 30, 2015 Unrealized gains and (losses) on securities available- for-sale Change in fair value of interest rate swaps Change in defined benefit pension plans Total Balance as of December 31, 2014 $ ) ) ) Other comprehensive income before reclassification adjustments — Amounts reclassified from accumulated other comprehensive income (1), (2) ) — Net other comprehensive income Balance as of June 30, 2015 $ ) ) ) For the six months ended June 30, 2014 Unrealized gains and (losses) on securities available- for-sale Change in fair value of interest rate swaps Change in defined benefit pension plans Total Balance as of December 31, 2013 $ ) ) ) ) Other comprehensive income before reclassification adjustments — Amounts reclassified from accumulated other comprehensive income (3), (4) ) — ) ) Net other comprehensive income ) Balance as of June 30, 2014 $ ) ) ) (1) Consists of realized gains on securities (gain on sales of investments, net) of $569, net of tax (income tax expense) of $(222). (2) Consists of amortization of prior service cost (compensation and employee benefits) of $1,162 and amortization of net loss (compensation and employee benefits) of $(1,880), net of tax (income tax expense) of $280. See note 8. (3) Consists of realized gains on securities (gain on sales of investments, net) of $3,456, net of tax (income tax expense) of $(1,348). (4) Consists of amortization of prior service cost (compensation and employee benefits) of $1,162 and amortization of net loss (compensation and employee benefits) of $(737), net of tax (income tax expense) of $(149). See note 8.

Other Items

Other Items	6 Months Ended
	Jun. 30, 2015
Other Items
Other Items	(13) Other Items As was previously announced on December 15, 2014 the Company entered into an Agreement and Plan of Merger (“Merger Agreement”) by and between the Company and LNB Bancorp, Inc. (“LNB”). Pursuant to the Merger Agreement, LNB will merge with and into the Company, with the Company as the surviving entity. Immediately thereafter, The Lorain National Bank (“Lorain National Bank”), the wholly owned subsidiary of LNB, will merge with and into Northwest Bank, the wholly owned subsidiary of the Company, with Northwest Bank as the surviving entity. Under the terms of the Merger Agreement, 50% of LNB’s common shares will be converted into Company common stock and the remaining 50% will be exchanged for cash. LNB’s shareholders will have the option to elect to receive either 1.461 shares of the Company’s common stock or $18.70 in cash for each LNB common share, subject to proration to ensure that, in the aggregate, 50% of LNB’s common shares will be converted into Company stock. The transaction has been approved by the Boards of Directors of the Company and LNB as well as LNB’s shareholders and both the FDIC and the Pennsylvania Department of Banking. Additionally, the Federal Reserve Bank has issued a non-objection to a waiver request from the obligation to file an application. Completion of the transaction is subject to customary closing conditions. We anticipate both the closing and data conversion to be completed on the weekend of August 14, 2015. As of June 30, 2015, LNB had total assets of $1.238 billion (unaudited) and net income of $2.3 million (unaudited) and $4.1 (unaudited) for the quarter and six months ended June 30, 2015, respectively.

Basis of Presentation and Inf24

Basis of Presentation and Informational Disclosures (Policies)	6 Months Ended
	Jun. 30, 2015
Basis of Presentation and Informational Disclosures
Stock-Based Compensation	Stock-Based Compensation On May 20, 2015, we awarded employees 600,570 stock options and directors 64,800 stock options with an exercise price of $12.37 and grant date fair value of $1.14 per stock option. On May 20, 2015, we also awarded employees 282,050 restricted common shares and directors 24,300 restricted common shares with a grant date fair value of $12.31. Awarded stock options and common shares vest over a ten-year period with the first vesting occurring on the grant date. Stock-based compensation expense of $1.4 million and $1.7 million for the quarters ended June 30, 2015 and 2014, respectively, and $2.3 million and $3.0 million for the six months ended June 30, 2015 and 2014, respectively, was recognized in compensation expense relating to our stock benefit plans. At June 30, 2015 there was compensation expense of $4.8 million to be recognized for awarded but unvested stock options and $16.3 million for unvested common shares.
Income Taxes - Uncertain Tax Positions	Income Taxes- Uncertain Tax Positions Accounting standards prescribe a comprehensive model for how a company should recognize, measure, present and disclose in its financial statements uncertain tax positions that the company has taken or expects to take on a tax return. A tax benefit from an uncertain position may be recognized only if it is “more likely than not” that the position is sustainable, based on its technical merits. The tax benefit of a qualifying position is the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority having full knowledge of all relevant information. At June 30, 2015 we had no liability for unrecognized tax benefits. We recognize interest accrued related to: (1) unrecognized tax benefits in federal and state income taxes and (2) refund claims in other operating income. We recognize penalties (if any) in federal and state income taxes. There is no amount accrued for the payment of interest or penalties at June 30, 2015. We are subject to audit by the Internal Revenue Service and any state in which we conduct business for the tax periods ended December 31, 2013, 2012 and 2011. We are currently under audit by the state of New York for the tax periods ended December 31, 2013, 2012 and 2011.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014 the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers”. This guidance supersedes the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. The core principle of this guidance requires an entity to recognize revenue upon the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services and provides five steps to be analyzed to accomplish the core principle. This guidance is effective retrospectively for annual reporting periods beginning after December 15, 2017, including interim periods within those years and early adoption is not permitted. We are currently evaluating the impact this standard will have on our results of operations and financial position. In June 2014 the FASB issued ASU 2014-12, “Compensation—Stock Compensation”. This guidance requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. Specifically, if the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. Further, the total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. This guidance is effective for annual periods beginning after December 15, 2015, including interim periods within those years and early adoption is permitted. We do not expect that this standard will have a material impact on our results of operations or financial position. In February 2015 the FASB issued ASU 2015-02, “Consolidation” . This guidance amends existing standards regarding the evaluation of certain legal entities and their consolidation in the financial statements. The amendments modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities or voting interest entities and eliminate the presumption that a general partner should consolidate a limited partnership. The amendments also affect the consolidation analysis of reporting entities that are involved with variable interest entities and provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. This guidance is effective for annual periods beginning after December 15, 2015, including interim periods within those years and early adoption is permitted. We do not expect that this standard will have a material impact on our results of operations or financial position.

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Business Segments
Schedule of financial information for reportable segments	At or for the quarter ended: Community Consumer June 30, 2015 ($ in 000’s) Banking Finance All other (1) Consolidated External interest income $ Intersegment interest income — ) — Interest expense Provision for loan losses — Noninterest income Noninterest expense Income tax expense (benefit) ) Net income $ ) Total assets $ Community Consumer June 30, 2014 ($ in 000’s) Banking Finance All other (1) Consolidated External interest income $ Intersegment interest income — ) — Interest expense Provision for loan losses — Noninterest income Noninterest expense Income tax expense (benefit) ) Net income $ ) Total assets $ (1) Eliminations consist of intercompany loans, interest income and interest expense. At or for the six months ended: Community Consumer June 30, 2015 ($ in 000’s) Banking Finance All other (1) Consolidated External interest income $ Intersegment interest income — ) — Interest expense Provision for loan losses — Noninterest income Noninterest expense Income tax expense (benefit) ) Net income $ ) Total assets $ Community Consumer June 30, 2014 ($ in 000’s) Banking Finance All other (1) Consolidated External interest income $ Intersegment interest income — ) — Interest expense Provision for loan losses — Noninterest income Noninterest expense Income tax expense (benefit) ) Net income $ Total assets $ (1) Eliminations consist of intercompany loans, interest income and interest expense.

Investment securities and imp26

Investment securities and impairment of investment securities (Tables)	6 Months Ended
	Jun. 30, 2015
Investment securities and impairment of investment securities
Schedule of the portfolio of investment securities available-for-sale	The following table shows the portfolio of investment securities available-for-sale at June 30, 2015 (in thousands): Gross Gross unrealized unrealized Amortized holding holding Fair cost gains losses value Debt issued by the U.S. government and agencies: Due in one year or less $ — — Debt issued by government sponsored enterprises: Due in one year or less — Due after one year through five years ) Due after five years through ten years — ) Equity securities — Municipal securities: Due in one year or less — Due after one year through five years — Due after five years through ten years — Due after ten years ) Corporate debt issues: Due after ten years ) Residential mortgage-backed securities: Fixed rate pass-through ) Variable rate pass-through ) Fixed rate non-agency CMOs — Fixed rate agency CMOs ) Variable rate agency CMOs ) Total residential mortgage-backed securities ) Total marketable securities available-for-sale $ ) The following table shows the portfolio of investment securities available-for-sale at December 31, 2014 (in thousands): Gross Gross unrealized unrealized Amortized holding holding Fair cost gains losses value Debt issued by the U.S. government and agencies: Due in one year or less $ — — Debt issued by government sponsored enterprises: Due after one year through five years ) Due after five years through ten years — ) Equity securities ) Municipal securities: Due in one year or less — Due after one year through five years — Due after five years through ten years — Due after ten years — Corporate debt issues: Due after ten years ) Residential mortgage-backed securities: Fixed rate pass-through ) Variable rate pass-through ) Fixed rate non-agency CMOs — Fixed rate agency CMOs ) Variable rate agency CMOs ) Total residential mortgage-backed securities ) Total marketable securities available-for-sale $ )
Schedule of the portfolio of investment securities held-to-maturity	The following table shows the portfolio of investment securities held-to-maturity at June 30, 2015 (in thousands): Gross Gross unrealized unrealized Amortized holding holding Fair cost gains losses value Municipal securities: Due after five years through ten years $ — Due after ten years — Residential mortgage-backed securities: Fixed rate pass-through — Variable rate pass-through — Fixed rate agency CMOs — Variable rate agency CMOs — Total residential mortgage-backed securities — Total marketable securities held-to-maturity $ — The following table shows the portfolio of investment securities held-to-maturity at December 31, 2014 (in thousands): Gross Gross unrealized unrealized Amortized holding holding Fair cost gains losses value Municipal securities: Due after five years through ten years $ — Due after ten years — Residential mortgage-backed securities: Fixed rate pass-through — Variable rate pass-through — Fixed rate agency CMOs — Variable rate agency CMOs — Total residential mortgage-backed securities — Total marketable securities held-to-maturity $ —
Schedule of the fair value and gross unrealized losses on investment securities, aggregated by investment category and length of time individual securities have been in a continuous unrealized loss position	The following table shows the fair value of and gross unrealized losses on investment securities, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at June 30, 2015 (in thousands): Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized Fair value loss Fair value loss Fair value loss U.S. government and agencies $ ) ) ) Municipal securities ) — — ) Corporate issues — — ) ) Residential mortgage- backed securities - agency ) ) ) Total temporarily impaired securities $ ) ) ) The following table shows the fair value of and gross unrealized losses on investment securities, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at December 31, 2014 (in thousands): Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized Fair value loss Fair value loss Fair value loss U.S. government and agencies $ ) ) ) Corporate debt issues — — ) ) Equity securities ) — — ) Residential mortgage- backed securities - agency ) ) ) Total temporarily impaired securities $ ) ) )
Schedule of the cumulative roll forward of credit losses recognized in earnings for debt securities held and not intended to be sold	The table below shows a cumulative roll forward of credit losses recognized in earnings for debt securities held and not intended to be sold for the quarter ended (in thousands): 2015 2014 Beginning balance at April 1, (1) $ Credit losses on debt securities for which other-than-temporary impairment was not previously recognized — — Reduction for losses realized during the quarter ) ) Reduction for securities called realized during the quarter ) Additional credit losses on debt securities for which other-than-temporary impairment was previously recognized — — Ending balance at June 30, $ (1) – The beginning balance represents credit losses included in other-than-temporary impairment charges recognized on debt securities in prior periods. The table below shows a cumulative roll forward of credit losses recognized in earnings for debt securities held and not intended to be sold for the six months ended (in thousands): 2015 2014 Beginning balance at January 1, (1) $ Credit losses on debt securities for which other-than-temporary impairment was not previously recognized — — Reduction for losses realized during the six months ) ) Reduction for securities called realized during the six months ) Additional credit losses on debt securities for which other-than-temporary impairment was previously recognized — — Ending balance at June 30, $ (1) – The beginning balance represents credit losses included in other-than-temporary impairment charges recognized on debt securities in prior periods.

Loans receivable (Tables)

Loans receivable (Tables)	6 Months Ended
	Jun. 30, 2015
Loans receivable
Summary of loans receivable	The following table shows a summary of our loans receivable at June 30, 2015 and December 31, 2014 (in thousands): June 30, December 31, 2015 2014 Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate Commercial loans Total Business Banking Total loans receivable, gross Deferred loan costs Allowance for loan losses ) ) Undisbursed loan proceeds: Residential mortgage loans ) ) Commercial real estate ) ) Commercial loans ) ) Total loans receivable, net $
Schedule of the changes in the allowance for losses on loans receivable	The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the quarter ended June 30, 2015 (in thousands): Balance June 30, 2015 Current period provision Charge-offs Recoveries Balance March 31, 2015 Personal Banking: Residental mortgage loans $ ) Home equity loans ) ) Other consumer loans ) Total Personal Banking ) Business Banking: Commercial real estate loans ) ) Commercial loans ) Total Business Banking ) Unallocated (1) — ) — — Total $ ) (1) – Due to enhancements in our allowance for loan losses process we allocated the previously unallocated allowance using both qualitative and quantitative factors. The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the quarter ended June 30, 2014 (in thousands): Balance June 30, 2014 Current period provision Charge-offs Recoveries Balance March 31, 2014 Personal Banking: Residental mortgage loans $ ) Home equity loans ) Other consumer loans ) Total Personal Banking ) Business Banking: Commercial real estate loans ) Commercial loans ) Total Business Banking ) Unallocated — — Total $ ) The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the six months ended June 30, 2015 (in thousands): Balance June 30, 2015 Current period provision Charge-offs Recoveries Balance December 31, 2014 Personal Banking: Residental mortgage loans $ ) ) Home equity loans ) ) Other consumer loans ) Total Personal Banking ) Business Banking: Commercial real estate loans ) ) Commercial loans ) Total Business Banking ) Unallocated (1) — ) — — Total $ ) (1) - Due to enhancements in our allowance for loan losses process we allocated the previously unallocated allowance using both qualitative and quantitative factors. The following table provides information related to the allowance for loan losses by portfolio segment and by class of financing receivable for the six months ended June 30, 2014 (in thousands): Balance June 30, 2014 Current period provision Charge-offs Recoveries Balance December 31, 2013 Personal Banking: Residental mortgage loans $ ) Home equity loans ) Other consumer loans ) Total Personal Banking ) Business Banking: Commercial real estate loans ) Commercial loans ) Total Business Banking ) Unallocated ) — — Total $ )
Schedule of information related to the loan portfolio by portfolio segment and by class of financing receivable	The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at June 30, 2015 (in thousands): Recorded investment in loans receivable Allowance for loan losses Recorded investment in loans on nonaccrual (1) Recorded investment in loans past due 90 days or more and still accruing TDRs Allowance related to TDRs Additional commitments to customers with loans classified as TDRs Personal Banking: Residental mortgage loans $ — Home equity loans — — Other consumer loans — — — Total Personal Banking — Business Banking: Commercial real estate loans — Commercial loans Total Business Banking Total $ (1) Includes $15.4 million of nonaccrual TDRs. The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at December 31, 2014 (in thousands): Recorded investment in loans receivable Allowance for loan losses Recorded investment in loans on nonaccrual (1) Recorded investment in loans past due 90 days or more and still accruing TDRs Allowance related to TDRs Additional commitments to customers with loans classified as TDRs Personal Banking: Residental mortgage loans $ — Home equity loans — — Other consumer loans — — — Total Personal Banking — Business Banking: Commercial real estate loans — Commercial loans Total Business Banking Total $ (1) Includes $24.5 million of nonaccrual TDRS.
Schedule of geographical and delinquency information related to the loan portfolio by portfolio segment and class of financing receivable	The following table provides geographical and delinquency information related to the loan portfolio by portfolio segment and class of financing receivable at June 30, 2015 (in thousands): Pennsylvania New York Ohio Maryland Other Total Recorded investment in loans receivable: Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ Percentage of total loans receivable % % % % % % Pennsylvania New York Ohio Maryland Other Total Loans 90 or more days delinquent: Personal Banking: Residential mortgage loans $ Home equity loans — — Other consumer loans — — Total Personal Banking Business Banking: Commercial real estate loans Commercial loans — — — Total Business Banking Total $ Percentage of total loans 90 or more days delinquent % % % % % % The following table provides geographical and delinquency information related to the loan portfolio by portfolio segment and class of financing receivable at December 31, 2014 (in thousands): Pennsylvania New York Ohio Maryland Other Total Recorded investment in loans receivable: Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ Percentage of total loans receivable % % % % % % Pennsylvania New York Ohio Maryland Other Total Loans 90 or more days delinquent: Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans — — Total Personal Banking Business Banking: Commercial real estate loans — Commercial loans — Total Business Banking — Total $ Percentage of total loans 90 or more days delinquent % % % % % %
Schedule of the composition of impaired loans by portfolio segment and by class of financing receivable	The following table provides information related to the composition of impaired loans by portfolio segment and by class of financing receivable at and for the six months ended June 30, 2015 (in thousands): Nonaccrual loans 90 or more days delinquent Nonaccrual loans less than 90 days delinquent Loans less than 90 days delinquent reviewed for impairment TDRs less than 90 days delinquent not included elsewhere Total impaired loans Average recorded investment in impaired loans Interest income recognized on impaired loans Personal Banking: Residental mortgage loans $ — Home equity loans — Other consumer loans — — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ The following table provides information related to the composition of impaired loans by portfolio segment and by class of financing receivable at and for the year ended December 31, 2014 (in thousands): Nonaccrual loans 90 or more days delinquent Nonaccrual loans less than 90 days delinquent Loans less than 90 days delinquent reviewed for impairment TDRs less than 90 days delinquent not included elsewhere Total impaired loans Average recorded investment in impaired loans Interest income recognized on impaired loans Personal Banking: Residental mortgage loans $ — Home equity loans — Other consumer loans — — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $
Schedule of the evaluation of impaired loans by portfolio segment and by class of financing receivable	The following table provides information related to the evaluation of impaired loans by portfolio segment and by class of financing receivable at June 30, 2015 (in thousands): Loans collectively evaluated for impairment Loans individually evaluated for impairment Loans individually evaluated for impairment for which there is a related impairment reserve Related impairment reserve Loans individually evaluated for impairment for which there is no related reserve Personal Banking: Residental mortgage loans $ — Home equity loans — Other consumer loans — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ The following table provides information related to the evaluation of impaired loans by portfolio segment and by class of financing receivable at December 31, 2014 (in thousands): Loans collectively evaluated for impairment Loans individually evaluated for impairment Loans individually evaluated for impairment for which there is a related impairment reserve Related impairment reserve Loans individually evaluated for impairment for which there is no related reserve Personal Banking: Residental mortgage loans $ — Home equity loans — Other consumer loans — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $
Schedule of roll forward of troubled debt restructurings	The following table provides a roll forward of troubled debt restructurings for the periods indicated (in thousands): For the quarters ended June 30, 2015 2014 Number of contracts Number of contracts Beginning TDR balance: $ $ New TDRs Re-modified TDRs — — Net paydowns ) ) Charge-offs: Residential mortgage loans — — — — Home equity loans ) ) Commercial real estate loans ) — — Commercial loans — — ) Paid-off loans: Residential mortgage loans ) — — Home equity loans — — ) Commercial real estate loans ) ) Commercial loans ) ) Ending TDR balance: $ $ Accruing TDRs $ $ Non-accrual TDRs The following table provides a roll forward of troubled debt restructurings for the periods indicated (in thousands): For the six months ended June 30, 2015 2014 Number of contracts Number of contracts Beginning TDR balance: $ $ New TDRs Re-modified TDRs Net paydowns ) ) Charge-offs: Residential mortgage loans — — — — Home equity loans ) ) Commercial real estate loans ) ) Commercial loans ) ) Paid-off loans: Residential mortgage loans ) — — Home equity loans ) ) Commercial real estate loans ) ) Commercial loans ) ) Ending TDR balance: $ $ Accruing TDRs $ $ Non-accrual TDRs
Schedule of troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable	The following table provides information related to troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable during the periods indicated (dollars in thousands): For the quarter ended June 30, 2015 For the six months ended June 30, 2015 Number of contracts Recorded investment at the time of modification Current recorded investment Current allowance Number of contracts Recorded investment at the time of modification Current recorded investment Current allowance Troubled debt restructurings: Personal Banking: Residential mortgage loans $ — $ Home equity loans — Other consumer loans — — — — — — — — Total Personal Banking — Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ $ Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted: Personal Banking: Residential mortgage loans $ — $ — Home equity loans — — Other consumer loans — — — — — — — — Total Personal Banking — — Business Banking: Commercial real estate loans — — — — — — — — Commercial loans — — — — — — Total Business Banking — — — — — — Total $ — $ — The following table provides information related to troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable during the periods indicated (dollars in thousands): For the quarter ended June 30, 2014 For the six months months ended June 30, 2014 Number of contracts Recorded investment at the time of modification Current recorded investment Current allowance Number of contracts Recorded investment at the time of modification Current recorded investment Current allowance Troubled debt restructurings: Personal Banking: Residential mortgage loans $ $ Home equity loans Other consumer loans — — — — — — — — Total Personal Banking Business Banking: Commercial real estate loans — — — — Commercial loans Total Business Banking Total $ $ Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted: Personal Banking: Residential mortgage loans — $ — — — — $ — — — Home equity loans — — — — — — — — Other consumer loans — — — — — — — — Total Personal Banking — — — — — — — — Business Banking: Commercial real estate loans Commercial loans — — Total Business Banking Total $ $
Schedule of troubled debt restructurings (including re-modified TDRs) by type of modification by portfolio segment and by class of financing receivable	The following table provides information as of June 30, 2015 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the quarter ended June 30, 2015 (dollars in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — Home equity loans — — — Other consumer loans — — — — — — Total Personal Banking — Business Banking: Commercial real estate loans — — — Commercial loans — — — Total Business Banking — — — Total $ — The following table provides information as of June 30, 2014 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the quarter ended June 30, 2014 (dollars in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — Other consumer loans — — — — — — Total Personal Banking — — — Business Banking: Commercial real estate loans — — — — — — Commercial loans — — — Total Business Banking — — — Total $ — — The following table provides information as of June 30, 2015 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the six months ended June 30, 2015 (dollars in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — Home equity loans — — Other consumer loans — — — — — — Total Personal Banking — Business Banking: Commercial real estate loans — — — Commercial loans — — — Total Business Banking — — — Total $ — The following table provides information as of June 30, 2014 for troubled debt restructurings (including re-modified TDRs) by type of modification, by portfolio segment and class of financing receivable for modifications during the six months ended June 30, 2014 (dollars in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — Other consumer loans — — — — — — Total Personal Banking — — — Business Banking: Commercial real estate loans — — Commercial loans — — Total Business Banking — Total $ —
Schedule of re-modified troubled debt restructurings by portfolio segment and by class of financing receivable	The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the quarter ended June 30, 2015 (dollars in thousands): Number of re- Type of re-modification modified TDRs Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — — — — Other consumer loans — — — — — — Total Personal Banking — — — Business Banking: Commercial real estate loans — — — — — — Commercial loans — — — — — — Total Business Banking — — — — — — Total $ — — — The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the six months ended June 30, 2015 (dollars in thousands): Number of re- Type of re-modification modified TDRs Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — Other consumer loans — — — — — — Total Personal Banking — — Business Banking: Commercial real estate loans — — — — — — Commercial loans — — — — — — Total Business Banking — — — — — — Total $ — — The following table provides information related to re-modified troubled debt restructurings by portfolio segment and by class of financing receivable for the six months ended June 30, 2014 (dollars in thousands): Number of re- Type of re-modification modified TDRs Rate Payment Maturity date Other Total Personal Banking: Residental mortgage loans $ — — — Home equity loans — — — — — — Other consumer loans — — — — — — Total Personal Banking — — — Business Banking: Commercial real estate loans — — Commercial loans — — — Total Business Banking — — Total $ — —
Schedule of loan delinquencies	The following table provides information related to loan payment delinquencies at June 30, 2015 (in thousands): 30-59 Days delinquent 60-89 Days delinquent 90 Days or greater delinquent Total delinquency Current Recorded investment in loans receivable Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $ The following table provides information related to loan payment delinquencies at December 31, 2014 (in thousands): 30-59 Days delinquent 60-89 Days delinquent 90 Days or greater delinquent Total delinquency Current Recorded investment in loans receivable Personal Banking: Residential mortgage loans $ Home equity loans Other consumer loans Total Personal Banking Business Banking: Commercial real estate loans Commercial loans Total Business Banking Total $
Schedule of credit quality indicators	The following table sets forth information about credit quality indicators, which were updated during the quarter ended June 30, 2015 (in thousands): Pass Special mention Substandard Doubtful Loss Recorded investment in loans receivable Personal Banking: Residential mortgage loans $ — — Home equity loans — — — Other consumer loans — — — Total Personal Banking — — Business Banking: Commercial real estate loans — — Commercial loans — Total Business Banking — Total $ The following table sets forth information about credit quality indicators, which were updated during the year ended December 31, 2014 (in thousands): Pass Special mention Substandard Doubtful Loss Recorded investment in loans receivable Personal Banking: Residential mortgage loans $ — — Home equity loans — — — Other consumer loans — — — Total Personal Banking — — Business Banking: Commercial real estate loans — Commercial loans — Total Business Banking — Total $

Goodwill and Other Intangible28

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Other Intangible Assets
Schedule of intangible assets subject to amortization	The following table provides information for intangible assets subject to amortization at the dates indicated (in thousands): June 30, December 31, 2015 2014 Amortizable intangible assets: Core deposit intangibles — gross $ Acquisitions — — Less: accumulated amortization ) ) Core deposit intangibles — net — — Customer and Contract intangible assets — gross Acquisitions Less: accumulated amortization ) ) Customer and Contract intangible assets — net $
Schedule of the actual aggregate amortization expense as well as estimated aggregate amortization expense, based upon current levels of intangible assets	The following table shows the actual aggregate amortization expense for the quarters and six months ended June 30, 2015 and 2014, as well as the estimated aggregate amortization expense, based upon current levels of intangible assets, for the current fiscal year and each of the five succeeding fiscal years (in thousands): For the quarter ended June 30, 2015 $ For the quarter ended June 30, 2014 For the six months ended June 30, 2015 For the six months ended June 30, 2014 For the year ending December 31, 2015 For the year ending December 31, 2016 For the year ending December 31, 2017 For the year ending December 31, 2018 For the year ending December 31, 2019 For the year ending December 31, 2020
Schedule of the changes in carrying amount of goodwill	The following table provides information for the changes in the carrying amount of goodwill (in thousands): Community Consumer Banks Finance Total Balance at December 31, 2013 $ Goodwill acquired — Impairment losses — — — Balance at December 31, 2014 Goodwill acquired — Impairment losses — — — Balance at June 30, 2015 $

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share
Schedule of computation of basic and diluted earnings per share	The computation of basic and diluted earnings per share follows (in thousands, except share data and per share amounts): Quarter ended Six months ended June 30, June 30, 2015 2014 2015 2014 Reported net income $ Weighted average common shares outstanding Dilutive potential shares due to effect of stock options Total weighted average common shares and dilutive potential shares Basic earnings per share: $ Diluted earnings per share: $

Pension and Other Post-retire30

Pension and Other Post-retirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2015
Pension and Other Post-retirement Benefits
Schedule of net periodic costs for the defined benefit pension plans and the post retirement healthcare plans	The following table sets forth the net periodic costs for the defined benefit pension plans and post retirement healthcare plans for the periods indicated (in thousands): Components of net periodic benefit cost Quarter ended June 30, Pension benefits Other post-retirement benefits 2015 2014 2015 2014 Service cost $ — — Interest cost Expected return on plan assets ) ) — — Amortization of prior service cost ) ) — — Amortization of the net loss Net periodic (benefit)/ cost $ ) Components of net periodic benefit cost Six months ended June 30, Pension benefits Other post-retirement benefits 2015 2014 2015 2014 Service cost $ — — Interest cost Expected return on plan assets ) ) — — Amortization of prior service cost ) ) — — Amortization of the net loss Net periodic (benefit)/ cost $ )

Disclosures About Fair Value 31

Disclosures About Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosures About Fair Value of Financial Instruments
Schedule of the carrying amount and estimated fair value of the entity's financial instruments included in the consolidated statement of financial condition	The following table sets forth the carrying amount and estimated fair value of our financial instruments included in the consolidated statement of financial condition at June 30, 2015 (in thousands): Carrying Estimated amount fair value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ — — Securities available-for-sale Securities held-to-maturity — — Loans receivable, net — — Accrued interest receivable — — FHLB Stock — — — Total financial assets $ Financial liabilities: Savings and checking deposits $ — — Time deposits — — Borrowed funds — Junior subordinated debentures — — Cash flow hedges - swaps — — Accrued interest payable — — Total financial liabilities $ The following table sets forth the carrying amount and estimated fair value of our financial instruments included in the consolidated statement of financial condition at December 31, 2014 (in thousands): Carrying Estimated amount fair value Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ — — Securities available-for-sale Securities held-to-maturity — — Loans receivable, net — — Accrued interest receivable — — FHLB Stock — — — Total financial assets $ Financial liabilities: Savings and checking accounts $ — — Time deposits — — Borrowed funds — Junior subordinated debentures — — Cash flow hedges - swaps — — Accrued interest payable — — Total financial liabilities $
Schedule of assets and liabilities measured at fair value on a recurring basis	The following table represents assets and liabilities measured at fair value on a recurring basis at June 30, 2015 (in thousands): Total assets at Level 1 Level 2 Level 3 fair value Equity securities $ — — Debt securities: U.S. government and agencies — — Government sponsored enterprises — — States and political subdivisions — — Corporate — Total debt securities — Residential mortgage-backed securities: GNMA — — FNMA — — FHLMC — — Non-agency — — Collateralized mortgage obligations: GNMA — — FNMA — — FHLMC — — SBA — — Non-agency — — Total mortgage-backed securities — — Interest rate swaps — ) — ) Total assets and liabilities $ The following table represents assets and liabilities measured at fair value on a recurring basis at December 31, 2014 (in thousands): Total assets at Level 1 Level 2 Level 3 fair value Equity securities $ — — Debt securities: U.S. government and agencies — — Government sponsored enterprises — — States and political subdivisions — — Corporate — Total debt securities — Residential mortgage-backed securities: GNMA — — FNMA — — FHLMC — — Non-agency — — Collateralized mortgage obligations: GNMA — — FNMA — — FHLMC SBA — — Non-agency — — Total mortgage-backed securities — — Interest rate swaps — ) — ) Total assets and liabilities $
Schedule of reconciliation of debt securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)	The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the periods indicated (in thousands): Quarter ended Six months ended June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Beginning balance $ Total net realized investment gains/ (losses) and net change in unrealized appreciation/ (depreciation): Included in net income as OTTI — — — — Included in other comprehensive income ) ) Purchases — — — — Sales — — — — Transfers in to Level 3 — — — — Transfers out of Level 3 — — — — Ending balance $
Schedule of fair value measurement for nonrecurring assets	The following table represents the fair value measurement for nonrecurring assets at June 30, 2015 (in thousands): Total assets at Level 1 Level 2 Level 3 fair value Loans measured for impairment $ — — Real estate owned — — Total assets $ — — The following table represents the fair value measurement for nonrecurring assets at December 31, 2014 (in thousands): Total assets at Level 1 Level 2 Level 3 fair value Loans measured for impairment $ — — Real estate owned — — Total assets $ — —
Schedule of quantitative information about assets measured at fair value on a recurring and nonrecurring basis for Level 3 Fair Value Measurements	The table presents additional quantitative information about assets measured at fair value on a recurring and nonrecurring basis and for which we have utilized Level 3 inputs to determine fair value at June 30, 2015 (dollar amounts in thousands): Fair value Valuation techniques Significant unobservable inputs Range (weighted average) Debt securities $ Discounted cash flow Discount margin Default rates Prepayment speeds 0.35% to 2.10% (0.69%) 1.00% 1.00% annually Loans measured for impairment Appraisal value (1) Estimated cost to sell 10% Discounted cash flow Discount rate 3.75% to 6.50% (5.13%) Real estate owned Appraisal value (1) Estimated cost to sell 10% (1) Fair value is generally determined through independent appraisals of the underlying collateral, which may include level 3 inputs that are not identifiable, or by using the discounted cash flow method if the loan is not collateral dependent.

Guaranteed Preferred Benefici32

Guaranteed Preferred Beneficial Interests in Company's Junior Subordinated Deferrable Interest Debentures (Trust-Preferred Securities) and Interest Rate Swap Agreements (Tables)	6 Months Ended
	Jun. 30, 2015
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust-Preferred Securities) and Interest Rate Swaps
Schedule of liability derivatives included in other liabilities	The following table shows liability derivatives, included in other liabilities, at June 30, 2015 and December 31, 2014 (in thousands): June 30, December 31, 2015 2014 Fair value $ Notional amount Collateral posted

Changes in Accumulated Other 33

Changes in Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2015
Changes in Accumulated Other Comprehensive Income
Schedule of the changes in accumulated other comprehensive income by component	The following table shows the changes in accumulated other comprehensive income by component for the periods indicated (in thousands): For the quarter ended June 30, 2015 Unrealized gains and (losses) on securities available- for-sale Change in fair value of interest rate swaps Change in defined benefit pension plans Total Balance as of March 31, 2015 $ ) ) ) Other comprehensive income before reclassification adjustments ) — ) Amounts reclassified from accumulated other comprehensive income (1), (2) ) — ) Net other comprehensive loss ) ) Balance as of June 30, 2015 $ ) ) ) For the quarter ended June 30, 2014 Unrealized gains and (losses) on securities available- for-sale Change in fair value of interest rate swaps Change in defined benefit pension plans Total Balance as of March 31, 2014 $ ) ) ) Other comprehensive income before reclassification adjustments — Amounts reclassified from accumulated other comprehensive income (3), (4) ) — ) ) Net other comprehensive income ) Balance as of June 30, 2014 $ ) ) ) (1) Consists of realized gains on securities (gain on sales of investments, net) of $458, net of tax (income tax expense) of $(179). (2) Consists of amortization of prior service cost (compensation and employee benefits) of $581 and amortization of net loss (compensation and employee benefits) of $(940), net of tax (income tax expense) of $140. See note 8. (3) Consists of realized gains on securities (gain on sales of investments, net) of $334, net of tax (income tax expense) of $(130). (4) Consists of amortization of prior service cost (compensation and employee benefits) of $581 and amortization of net loss (compensation and employee benefits) of $(369), net of tax (income tax expense) of $(74). See note 8. The following table shows the changes in accumulated other comprehensive income by component for the periods indicated (in thousands): For the six months ended June 30, 2015 Unrealized gains and (losses) on securities available- for-sale Change in fair value of interest rate swaps Change in defined benefit pension plans Total Balance as of December 31, 2014 $ ) ) ) Other comprehensive income before reclassification adjustments — Amounts reclassified from accumulated other comprehensive income (1), (2) ) — Net other comprehensive income Balance as of June 30, 2015 $ ) ) ) For the six months ended June 30, 2014 Unrealized gains and (losses) on securities available- for-sale Change in fair value of interest rate swaps Change in defined benefit pension plans Total Balance as of December 31, 2013 $ ) ) ) ) Other comprehensive income before reclassification adjustments — Amounts reclassified from accumulated other comprehensive income (3), (4) ) — ) ) Net other comprehensive income ) Balance as of June 30, 2014 $ ) ) ) (1) Consists of realized gains on securities (gain on sales of investments, net) of $569, net of tax (income tax expense) of $(222). (2) Consists of amortization of prior service cost (compensation and employee benefits) of $1,162 and amortization of net loss (compensation and employee benefits) of $(1,880), net of tax (income tax expense) of $280. See note 8. (3) Consists of realized gains on securities (gain on sales of investments, net) of $3,456, net of tax (income tax expense) of $(1,348). (4) Consists of amortization of prior service cost (compensation and employee benefits) of $1,162 and amortization of net loss (compensation and employee benefits) of $(737), net of tax (income tax expense) of $(149). See note 8.

Basis of Presentation and Inf34

Basis of Presentation and Informational Disclosures (Detail)	Jun. 30, 2015item
Nature of Operations
Number of banking locations	161

Basis of Presentation and Inf35

Basis of Presentation and Informational Disclosures (Details 2) - USD ($) $ / shares in Units, $ in Millions	May. 20, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock-Based Compensation
Vesting period				10 years
Stock-based aggregate disclosure
Stock-based compensation expense		$ 1.4	$ 1.7	$ 2.3	$ 3
Income Taxes- Uncertain Tax Positions
Unrecognized tax benefits liability		0		0
Accrued amount of payment of interest or penalties		0		0
Stock options
Stock-Based Compensation
Exercise price (in dollars per share)	$ 12.37
Grant date fair value (in dollars per share)	$ 1.14
Stock-based aggregate disclosure
Compensation expense for unvested common share awards which is yet to be recognized		4.8		4.8
Stock options | Employees
Stock-Based Compensation
Shares awarded	600,570
Stock options | Director
Stock-Based Compensation
Shares awarded	64,800
Restricted common shares
Stock-Based Compensation
Grant date fair value (in dollars per share)	$ 12.31
Stock-based aggregate disclosure
Compensation expense for unvested common share awards which is yet to be recognized		$ 16.3		$ 16.3
Restricted common shares | Employees
Stock-Based Compensation
Shares awarded	282,050
Restricted common shares | Director
Stock-Based Compensation
Shares awarded	24,300

Business Segments (Details)

Business Segments (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Business Segments
Number of reportable business segments | item			2
Number of consumer finance offices | item	51		51
Interest income	$ 75,970	$ 76,987	$ 152,850	$ 152,313
Interest expense	13,792	14,214	27,691	28,418
Provision for loan losses	1,050	8,285	1,950	15,770
Noninterest income	16,525	16,427	31,150	35,808
Noninterest expense	55,135	53,806	108,846	106,969
Income tax expense/ (benefit)	7,213	4,435	14,038	9,679
Net income	15,305	12,674	31,475	27,285
Total assets	7,864,510	7,900,628	7,864,510	7,900,628	$ 7,775,033
All Other
Business Segments
Interest income	205	220	424	543
Interest expense	429	475	865	904
Noninterest income	34	13	63	2,349
Noninterest expense	372	318	690	698
Income tax expense/ (benefit)	(404)	(412)	(789)	(7)
Net income	(740)	(739)	(1,436)	100
Total assets	15,889	22,442	15,889	22,442
Intersegment
Business Segments
Interest income	(582)	(591)	(1,157)	(1,197)
Community Banks
Business Segments
Interest income	71,273	72,061	143,604	142,405
Interest expense	12,781	13,148	25,669	26,317
Provision for loan losses	850	7,500	1,100	14,350
Noninterest income	16,080	15,932	30,406	32,689
Noninterest expense	51,682	50,540	102,122	100,402
Income tax expense/ (benefit)	7,183	4,489	14,218	9,002
Net income	15,439	12,907	32,058	26,220
Total assets	7,740,273	7,772,277	7,740,273	7,772,277
Community Banks | Intersegment
Business Segments
Interest income	582	591	1,157	1,197
Consumer Finance
Business Segments
Interest income	4,492	4,706	8,822	9,365
Interest expense	582	591	1,157	1,197
Provision for loan losses	200	785	850	1,420
Noninterest income	411	482	681	770
Noninterest expense	3,081	2,948	6,034	5,869
Income tax expense/ (benefit)	434	358	609	684
Net income	606	506	853	965
Total assets	$ 108,348	$ 105,909	$ 108,348	$ 105,909

Investment securities and imp37

Investment securities and impairment of investment securities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Amortized cost
Due in one year or less	$ 500
Total	854,147	$ 906,702
Gross unrealized holding gains
Due in one year or less	8
Total	12,550	14,404
Gross unrealized holding losses
Total	(5,540)	(8,735)
Fair value
Due in one year or less	508
Total Fair value	861,157	912,371
U.S. government and agencies
Amortized cost
Due in one year or less	21	25
Fair value
Due in one year or less	21	25
Debt issued by government sponsored enterprises
Amortized cost
Due after one year through five years	320,553	310,172
Due after five years through ten years	24,500	25,746
Gross unrealized holding gains
Due after one year through five years	466	287
Gross unrealized holding losses
Due after one year through five years	(1,035)	(2,672)
Due after five years through ten years	(28)	(28)
Fair value
Due after one year through five years	319,984	307,787
Due after five years through ten years	24,472	25,718
Equity securities
Amortized cost
Total	1,417	2,591
Gross unrealized holding gains
Total	515	682
Gross unrealized holding losses
Total		(116)
Fair value
Total Fair value	1,932	3,157
Municipal securities
Amortized cost
Due in one year or less	1,085	810
Due after one year through five years	6,733	7,878
Due after five years through ten years	4,651	6,965
Due after ten years	48,627	51,839
Gross unrealized holding gains
Due in one year or less	3	15
Due after one year through five years	118	132
Due after five years through ten years	113	115
Due after ten years	1,651	2,391
Gross unrealized holding losses
Due after ten years	(32)
Fair value
Due in one year or less	1,088	825
Due after one year through five years	6,851	8,010
Due after five years through ten years	4,764	7,080
Due after ten years	50,246	54,230
Corporate debt issues
Amortized cost
Due after ten years	17,002	18,267
Gross unrealized holding gains
Due after ten years	2,324	2,579
Gross unrealized holding losses
Due after ten years	(396)	(419)
Fair value
Due after ten years	18,930	20,427
Residential mortgage-backed securities
Amortized cost
Total	429,058	482,409
Gross unrealized holding gains
Total	7,352	8,203
Gross unrealized holding losses
Total	(4,049)	(5,500)
Fair value
Total Fair value	432,361	485,112
Fixed rate | Pass-through
Amortized cost
Total	65,398	72,852
Gross unrealized holding gains
Total	2,693	3,149
Gross unrealized holding losses
Total	(321)	(124)
Fair value
Total Fair value	67,770	75,877
Fixed rate | Non-agency CMOs
Amortized cost
Total	2,793	3,162
Gross unrealized holding gains
Total	320	246
Fair value
Total Fair value	3,113	3,408
Fixed rate | Agency CMOs
Amortized cost
Total	201,346	226,413
Gross unrealized holding gains
Total	579	685
Gross unrealized holding losses
Total	(3,684)	(5,331)
Fair value
Total Fair value	198,241	221,767
Variable rate | Pass-through
Amortized cost
Total	60,275	66,140
Gross unrealized holding gains
Total	3,182	3,466
Gross unrealized holding losses
Total	(8)	(8)
Fair value
Total Fair value	63,449	69,598
Variable rate | Agency CMOs
Amortized cost
Total	99,246	113,842
Gross unrealized holding gains
Total	578	657
Gross unrealized holding losses
Total	(36)	(37)
Fair value
Total Fair value	$ 99,788	$ 114,462

Investment securities and imp38

Investment securities and impairment of investment securities (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Amortized cost
Total	$ 61,464	$ 103,695
Gross unrealized holding gains
Total	1,493	2,597
Fair value
Total	62,957	106,292
Municipal securities
Amortized cost
Due in five years - ten years	4,641	10,207
Due after ten years	25,831	56,545
Gross unrealized holding gains
Due in five years - ten years	36	141
Due after ten years	544	1,314
Fair value
Due in five years - ten years	4,677	10,348
Due after ten years	26,375	57,859
Residential mortgage-backed securities
Amortized cost
Total	30,992	36,943
Gross unrealized holding gains
Total	913	1,142
Fair value
Total	31,905	38,085
Fixed rate | Pass-through
Amortized cost
Total	7,292	8,236
Gross unrealized holding gains
Total	408	477
Fair value
Total	7,700	8,713
Fixed rate | Agency CMOs
Amortized cost
Total	18,762	23,382
Gross unrealized holding gains
Total	392	531
Fair value
Total	19,154	23,913
Variable rate | Pass-through
Amortized cost
Total	3,927	4,273
Gross unrealized holding gains
Total	96	122
Fair value
Total	4,023	4,395
Variable rate | Agency CMOs
Amortized cost
Total	1,011	1,052
Gross unrealized holding gains
Total	17	12
Fair value
Total	$ 1,028	$ 1,064

Investment securities and imp39

Investment securities and impairment of investment securities (Details 3) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Marketable securities
Less than 12 months - Fair value	$ 120,735	$ 50,216
Less than 12 months - Unrealized loss	(445)	(262)
12 months or more - Fair value	293,323	442,336
12 months or more - Unrealized loss	(5,095)	(8,473)
Total - Fair value	414,058	492,552
Total - Unrealized loss	(5,540)	(8,735)
U.S. government and agencies
Marketable securities
Less than 12 months - Fair value	101,837	28,878
Less than 12 months - Unrealized loss	(340)	(67)
12 months or more - Fair value	125,031	244,828
12 months or more - Unrealized loss	(723)	(2,633)
Total - Fair value	226,868	273,706
Total - Unrealized loss	(1,063)	(2,700)
Municipal securities
Marketable securities
Less than 12 months - Fair value	750
Less than 12 months - Unrealized loss	(32)
Total - Fair value	750
Total - Unrealized loss	(32)
Corporate debt issues
Marketable securities
12 months or more - Fair value	2,028	2,003
12 months or more - Unrealized loss	(396)	(419)
Total - Fair value	2,028	2,003
Total - Unrealized loss	(396)	(419)
Equity securities
Marketable securities
Less than 12 months - Fair value		506
Less than 12 months - Unrealized loss		(116)
Total - Fair value		506
Total - Unrealized loss		(116)
Residential mortgage-backed securities | Agency CMOs
Marketable securities
Less than 12 months - Fair value	18,148	20,832
Less than 12 months - Unrealized loss	(73)	(79)
12 months or more - Fair value	166,264	195,505
12 months or more - Unrealized loss	(3,976)	(5,421)
Total - Fair value	184,412	216,337
Total - Unrealized loss	$ (4,049)	$ (5,500)

Investment securities and imp40

Investment securities and impairment of investment securities (Details 4) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Cumulative roll forward of credit related impairment losses recognized in earnings for debt securities held and not intended to be sold:
Beginning balance	$ 8,865	$ 10,334	$ 8,894	$ 10,342
Reduction for losses realized during the period	(16)	(170)	(45)	(178)
Reduction for securities called realized during the period	(360)		(360)
Ending balance	$ 8,489	$ 10,164	$ 8,489	$ 10,164

Loans receivable (Details)

Loans receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Loans receivable
Total loans receivable, gross	$ 6,260,454		$ 6,129,584
Deferred loan costs	10,251		6,095
Allowance for loan losses	(59,057)	$ (67,298)	(67,518)	$ (71,442)	$ (76,234)	$ (71,348)
Total loans, net	6,065,600		5,922,373
Residential mortgage loans
Loans receivable
Undisbursed loan proceeds	(10,285)		(10,879)
Commercial real estate loans
Loans receivable
Undisbursed loan proceeds	(126,870)		(73,760)
Commercial loans
Loans receivable
Undisbursed loan proceeds	(8,893)		(61,149)
Personal Banking
Loans receivable
Total loans receivable, gross	3,905,424		3,835,115
Allowance for loan losses	(14,581)	(14,955)	(16,249)	(19,909)	(19,705)	(20,607)
Personal Banking | Residential mortgage loans
Loans receivable
Total loans receivable, gross	2,597,204		2,526,240
Allowance for loan losses	(4,892)	(5,077)	(5,581)	(7,767)	(7,467)	(7,875)
Personal Banking | Home equity loans
Loans receivable
Total loans receivable, gross	1,055,829		1,066,131
Allowance for loan losses	(3,445)	(4,043)	(4,550)	(6,516)	(6,958)	(7,245)
Personal Banking | Other consumer loans
Loans receivable
Total loans receivable, gross	252,391		242,744
Allowance for loan losses	(6,244)	(5,835)	(6,118)	(5,626)	(5,280)	(5,487)
Business Banking
Loans receivable
Total loans receivable, gross	2,355,030		2,294,469
Allowance for loan losses	(44,476)	(48,365)	(46,904)	(47,187)	(52,378)	(46,079)
Business Banking | Commercial real estate loans
Loans receivable
Total loans receivable, gross	1,986,613		1,874,944
Allowance for loan losses	(30,163)	(33,252)	(33,389)	(35,081)	(36,209)	(35,199)
Business Banking | Commercial loans
Loans receivable
Total loans receivable, gross	368,417		419,525
Allowance for loan losses	$ (14,313)	$ (15,113)	$ (13,515)	$ (12,106)	$ (16,169)	$ (10,880)

Loans receivable (Details 2)

Loans receivable (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	$ 67,298	$ 76,234	$ 67,518	$ 71,348
Provision for loan losses	1,050	8,285	1,950	15,770
Charge-offs	(12,374)	(15,020)	(16,828)	(19,269)
Recoveries	3,083	1,943	6,417	3,593
Balance at the end of the period	59,057	71,442	59,057	71,442
Personal Banking
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	14,955	19,705	16,249	20,607
Provision for loan losses	1,754	2,709	2,529	3,965
Charge-offs	(2,579)	(2,926)	(5,196)	(5,473)
Recoveries	451	421	999	810
Balance at the end of the period	14,581	19,909	14,581	19,909
Personal Banking | Residential mortgage loans
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	5,077	7,467	5,581	7,875
Provision for loan losses	76	1,142	(206)	1,177
Charge-offs	(278)	(883)	(613)	(1,342)
Recoveries	17	41	130	57
Balance at the end of the period	4,892	7,767	4,892	7,767
Personal Banking | Home equity loans
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	4,043	6,958	4,550	7,245
Provision for loan losses	(187)	72	(400)	109
Charge-offs	(542)	(593)	(884)	(965)
Recoveries	131	79	179	127
Balance at the end of the period	3,445	6,516	3,445	6,516
Personal Banking | Other consumer loans
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	5,835	5,280	6,118	5,487
Provision for loan losses	1,865	1,495	3,135	2,679
Charge-offs	(1,759)	(1,450)	(3,699)	(3,166)
Recoveries	303	301	690	626
Balance at the end of the period	6,244	5,626	6,244	5,626
Business Banking
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	48,365	52,378	46,904	46,079
Provision for loan losses	3,274	5,381	3,786	12,121
Charge-offs	(9,795)	(12,094)	(11,632)	(13,796)
Recoveries	2,632	1,522	5,418	2,783
Balance at the end of the period	44,476	47,187	44,476	47,187
Business Banking | Commercial real estate loans
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	33,252	36,209	33,389	35,199
Provision for loan losses	(1,558)	364	(1,316)	1,685
Charge-offs	(3,439)	(2,578)	(4,552)	(3,510)
Recoveries	1,908	1,086	2,642	1,707
Balance at the end of the period	30,163	35,081	30,163	35,081
Business Banking | Commercial loans
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	15,113	16,169	13,515	10,880
Provision for loan losses	4,832	5,017	5,102	10,436
Charge-offs	(6,356)	(9,516)	(7,080)	(10,286)
Recoveries	724	436	2,776	1,076
Balance at the end of the period	14,313	12,106	14,313	12,106
Unallocated
Changes in allowance for losses on allocated loans receivable
Balance at the beginning of the period	3,978	4,151	4,365	4,662
Provision for loan losses	$ (3,978)	195	$ (4,365)	(316)
Balance at the end of the period		$ 4,346		$ 4,346

Loans receivable (Details 3)

Loans receivable (Details 3) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Loan portfolio by portfolio segment and by class of financing receivable
Recorded investment in loans receivable	$ 6,124,657		$ 5,989,891
Allowance for loan losses	59,057		63,153
Recorded investment in loans on nonaccrual	57,996		79,808
Recorded investment in loans past due 90 days or more and still accruing	385		235
TDRs	56,184	$ 60,645	61,788	$ 63,793	$ 74,511	$ 79,166
Allowance related to TDRs	3,789		7,395
Additional commitments to customers with loans classified as TDRs	1,024		1,263
Nonaccrual TDRs	15,443		24,500	$ 23,949
Personal Banking
Loan portfolio by portfolio segment and by class of financing receivable
Recorded investment in loans receivable	3,905,390		3,830,331
Allowance for loan losses	14,581		16,249
Recorded investment in loans on nonaccrual	28,097		33,583
Recorded investment in loans past due 90 days or more and still accruing	364		214
TDRs	8,928		8,986
Allowance related to TDRs	1,284		1,362
Personal Banking | Residential mortgage loans
Loan portfolio by portfolio segment and by class of financing receivable
Recorded investment in loans receivable	2,597,170		2,521,456
Allowance for loan losses	4,892		5,581
Recorded investment in loans on nonaccrual	18,977		21,194
Recorded investment in loans past due 90 days or more and still accruing	6		8
TDRs	6,340		6,574
Allowance related to TDRs	1,008		1,133
Personal Banking | Home equity loans
Loan portfolio by portfolio segment and by class of financing receivable
Recorded investment in loans receivable	1,055,829		1,066,131
Allowance for loan losses	3,445		4,550
Recorded investment in loans on nonaccrual	6,482		9,569
TDRs	2,588		2,412
Allowance related to TDRs	276		229
Personal Banking | Other consumer loans
Loan portfolio by portfolio segment and by class of financing receivable
Recorded investment in loans receivable	252,391		242,744
Allowance for loan losses	6,244		6,118
Recorded investment in loans on nonaccrual	2,638		2,820
Recorded investment in loans past due 90 days or more and still accruing	358		206
Business Banking
Loan portfolio by portfolio segment and by class of financing receivable
Recorded investment in loans receivable	2,219,267		2,159,560
Allowance for loan losses	44,476		46,904
Recorded investment in loans on nonaccrual	29,899		46,225
Recorded investment in loans past due 90 days or more and still accruing	21		21
TDRs	47,256		52,802
Allowance related to TDRs	2,505		6,033
Additional commitments to customers with loans classified as TDRs	1,024		1,263
Business Banking | Commercial real estate loans
Loan portfolio by portfolio segment and by class of financing receivable
Recorded investment in loans receivable	1,859,743		1,801,184
Allowance for loan losses	30,163		33,389
Recorded investment in loans on nonaccrual	22,640		38,647
TDRs	37,028		41,917
Allowance related to TDRs	1,718		4,938
Additional commitments to customers with loans classified as TDRs	141		449
Business Banking | Commercial loans
Loan portfolio by portfolio segment and by class of financing receivable
Recorded investment in loans receivable	359,524		358,376
Allowance for loan losses	14,313		13,515
Recorded investment in loans on nonaccrual	7,259		7,578
Recorded investment in loans past due 90 days or more and still accruing	21		21
TDRs	10,228		10,885
Allowance related to TDRs	787		1,095
Additional commitments to customers with loans classified as TDRs	$ 883		$ 814

Loans receivable (Details 4)

Loans receivable (Details 4) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Loan delinquencies
Recorded investment in loans receivable	$ 6,124,657	$ 5,989,891
Percentage of total loans receivable	100.00%	100.00%
90 days or greater delinquent	$ 37,471	$ 41,326
Percentage of total loans 90 or more days delinquent	100.00%	100.00%
Pennsylvania
Loan delinquencies
Recorded investment in loans receivable	$ 4,600,836	$ 4,542,379
Percentage of total loans receivable	75.10%	75.80%
90 days or greater delinquent	$ 28,987	$ 30,630
Percentage of total loans 90 or more days delinquent	77.30%	74.10%
New York
Loan delinquencies
Recorded investment in loans receivable	$ 1,038,703	$ 961,051
Percentage of total loans receivable	17.00%	16.00%
90 days or greater delinquent	$ 3,665	$ 3,584
Percentage of total loans 90 or more days delinquent	9.80%	8.70%
Ohio
Loan delinquencies
Recorded investment in loans receivable	$ 71,553	$ 71,432
Percentage of total loans receivable	1.20%	1.20%
90 days or greater delinquent	$ 134	$ 752
Percentage of total loans 90 or more days delinquent	0.40%	1.80%
Maryland
Loan delinquencies
Recorded investment in loans receivable	$ 282,985	$ 285,426
Percentage of total loans receivable	4.60%	4.80%
90 days or greater delinquent	$ 3,137	$ 3,213
Percentage of total loans 90 or more days delinquent	8.40%	7.80%
Other
Loan delinquencies
Recorded investment in loans receivable	$ 130,580	$ 129,603
Percentage of total loans receivable	2.10%	2.20%
90 days or greater delinquent	$ 1,548	$ 3,147
Percentage of total loans 90 or more days delinquent	4.10%	7.60%
Personal Banking
Loan delinquencies
Recorded investment in loans receivable	$ 3,905,390	$ 3,830,331
90 days or greater delinquent	22,940	26,752
Personal Banking | Pennsylvania
Loan delinquencies
Recorded investment in loans receivable	3,353,288	3,285,588
90 days or greater delinquent	16,384	19,144
Personal Banking | New York
Loan delinquencies
Recorded investment in loans receivable	295,779	286,865
90 days or greater delinquent	2,422	2,228
Personal Banking | Ohio
Loan delinquencies
Recorded investment in loans receivable	30,566	30,705
90 days or greater delinquent	72	752
Personal Banking | Maryland
Loan delinquencies
Recorded investment in loans receivable	161,109	162,759
90 days or greater delinquent	2,866	2,736
Personal Banking | Other
Loan delinquencies
Recorded investment in loans receivable	64,648	64,414
90 days or greater delinquent	1,196	1,892
Personal Banking | Residential mortgage loans
Loan delinquencies
Recorded investment in loans receivable	2,597,170	2,521,456
90 days or greater delinquent	16,125	17,696
Personal Banking | Residential mortgage loans | Pennsylvania
Loan delinquencies
Recorded investment in loans receivable	2,223,206	2,151,361
90 days or greater delinquent	11,498	12,282
Personal Banking | Residential mortgage loans | New York
Loan delinquencies
Recorded investment in loans receivable	165,217	161,445
90 days or greater delinquent	1,553	1,237
Personal Banking | Residential mortgage loans | Ohio
Loan delinquencies
Recorded investment in loans receivable	18,379	18,486
90 days or greater delinquent	58	710
Personal Banking | Residential mortgage loans | Maryland
Loan delinquencies
Recorded investment in loans receivable	133,981	134,228
90 days or greater delinquent	1,820	1,678
Personal Banking | Residential mortgage loans | Other
Loan delinquencies
Recorded investment in loans receivable	56,387	55,936
90 days or greater delinquent	1,196	1,789
Personal Banking | Home equity loans
Loan delinquencies
Recorded investment in loans receivable	1,055,829	1,066,131
90 days or greater delinquent	4,616	6,606
Personal Banking | Home equity loans | Pennsylvania
Loan delinquencies
Recorded investment in loans receivable	897,285	909,139
90 days or greater delinquent	2,804	4,474
Personal Banking | Home equity loans | New York
Loan delinquencies
Recorded investment in loans receivable	119,459	115,459
90 days or greater delinquent	766	936
Personal Banking | Home equity loans | Ohio
Loan delinquencies
Recorded investment in loans receivable	8,447	9,087
90 days or greater delinquent		35
Personal Banking | Home equity loans | Maryland
Loan delinquencies
Recorded investment in loans receivable	25,732	27,203
90 days or greater delinquent	1,046	1,058
Personal Banking | Home equity loans | Other
Loan delinquencies
Recorded investment in loans receivable	4,906	5,243
90 days or greater delinquent		103
Personal Banking | Other consumer loans
Loan delinquencies
Recorded investment in loans receivable	252,391	242,744
90 days or greater delinquent	2,199	2,450
Personal Banking | Other consumer loans | Pennsylvania
Loan delinquencies
Recorded investment in loans receivable	232,797	225,088
90 days or greater delinquent	2,082	2,388
Personal Banking | Other consumer loans | New York
Loan delinquencies
Recorded investment in loans receivable	11,103	9,961
90 days or greater delinquent	103	55
Personal Banking | Other consumer loans | Ohio
Loan delinquencies
Recorded investment in loans receivable	3,740	3,132
90 days or greater delinquent	14	7
Personal Banking | Other consumer loans | Maryland
Loan delinquencies
Recorded investment in loans receivable	1,396	1,328
Personal Banking | Other consumer loans | Other
Loan delinquencies
Recorded investment in loans receivable	3,355	3,235
Business Banking
Loan delinquencies
Recorded investment in loans receivable	2,219,267	2,159,560
90 days or greater delinquent	14,531	14,574
Business Banking | Pennsylvania
Loan delinquencies
Recorded investment in loans receivable	1,247,548	1,256,791
90 days or greater delinquent	12,603	11,486
Business Banking | New York
Loan delinquencies
Recorded investment in loans receivable	742,924	674,186
90 days or greater delinquent	1,243	1,356
Business Banking | Ohio
Loan delinquencies
Recorded investment in loans receivable	40,987	40,727
90 days or greater delinquent	62
Business Banking | Maryland
Loan delinquencies
Recorded investment in loans receivable	121,876	122,667
90 days or greater delinquent	271	477
Business Banking | Other
Loan delinquencies
Recorded investment in loans receivable	65,932	65,189
90 days or greater delinquent	352	1,255
Business Banking | Commercial real estate loans
Loan delinquencies
Recorded investment in loans receivable	1,859,743	1,801,184
90 days or greater delinquent	12,673	11,099
Business Banking | Commercial real estate loans | Pennsylvania
Loan delinquencies
Recorded investment in loans receivable	973,777	1,013,632
90 days or greater delinquent	10,758	8,827
Business Banking | Commercial real estate loans | New York
Loan delinquencies
Recorded investment in loans receivable	689,043	590,934
90 days or greater delinquent	1,243	1,072
Business Banking | Commercial real estate loans | Ohio
Loan delinquencies
Recorded investment in loans receivable	24,270	24,901
90 days or greater delinquent	49
Business Banking | Commercial real estate loans | Maryland
Loan delinquencies
Recorded investment in loans receivable	115,796	114,850
90 days or greater delinquent	271	270
Business Banking | Commercial real estate loans | Other
Loan delinquencies
Recorded investment in loans receivable	56,857	56,867
90 days or greater delinquent	352	930
Business Banking | Commercial loans
Loan delinquencies
Recorded investment in loans receivable	359,524	358,376
90 days or greater delinquent	1,858	3,475
Business Banking | Commercial loans | Pennsylvania
Loan delinquencies
Recorded investment in loans receivable	273,771	243,159
90 days or greater delinquent	1,845	2,659
Business Banking | Commercial loans | New York
Loan delinquencies
Recorded investment in loans receivable	53,881	83,252
90 days or greater delinquent		284
Business Banking | Commercial loans | Ohio
Loan delinquencies
Recorded investment in loans receivable	16,717	15,826
90 days or greater delinquent	13
Business Banking | Commercial loans | Maryland
Loan delinquencies
Recorded investment in loans receivable	6,080	7,817
90 days or greater delinquent		207
Business Banking | Commercial loans | Other
Loan delinquencies
Recorded investment in loans receivable	$ 9,075	8,322
90 days or greater delinquent		$ 325

Loans receivable (Details 5)

Loans receivable (Details 5) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Composition of impaired loans by portfolio segment and by class of financing receivable
Nonaccrual loans 90 or more days delinquent	$ 37,471	$ 41,326
Nonaccrual loans less than 90 days delinquent	20,525	38,482
Loans less than 90 days delinquent reviewed for impairment	28,696	31,666
TDRs less than 90 days delinquent not included elsewhere	28,785	25,705
Total impaired loans	115,477	137,179
Average recorded investment in impaired loans	135,285	159,638
Interest income recognized on impaired loans	2,609	5,871
Personal Banking
Composition of impaired loans by portfolio segment and by class of financing receivable
Nonaccrual loans 90 or more days delinquent	22,940	26,752
Nonaccrual loans less than 90 days delinquent	5,157	6,831
TDRs less than 90 days delinquent not included elsewhere	7,364	7,551
Total impaired loans	35,461	41,134
Average recorded investment in impaired loans	37,637	42,363
Interest income recognized on impaired loans	700	1,368
Personal Banking | Residential mortgage loans
Composition of impaired loans by portfolio segment and by class of financing receivable
Nonaccrual loans 90 or more days delinquent	16,125	17,696
Nonaccrual loans less than 90 days delinquent	2,852	3,498
TDRs less than 90 days delinquent not included elsewhere	5,237	5,845
Total impaired loans	24,214	27,039
Average recorded investment in impaired loans	24,895	28,227
Interest income recognized on impaired loans	433	817
Personal Banking | Home equity loans
Composition of impaired loans by portfolio segment and by class of financing receivable
Nonaccrual loans 90 or more days delinquent	4,616	6,606
Nonaccrual loans less than 90 days delinquent	1,866	2,963
TDRs less than 90 days delinquent not included elsewhere	2,127	1,706
Total impaired loans	8,609	11,275
Average recorded investment in impaired loans	10,097	11,753
Interest income recognized on impaired loans	223	485
Personal Banking | Other consumer loans
Composition of impaired loans by portfolio segment and by class of financing receivable
Nonaccrual loans 90 or more days delinquent	2,199	2,450
Nonaccrual loans less than 90 days delinquent	439	370
Total impaired loans	2,638	2,820
Average recorded investment in impaired loans	2,645	2,383
Interest income recognized on impaired loans	44	66
Business Banking
Composition of impaired loans by portfolio segment and by class of financing receivable
Nonaccrual loans 90 or more days delinquent	14,531	14,574
Nonaccrual loans less than 90 days delinquent	15,368	31,651
Loans less than 90 days delinquent reviewed for impairment	28,696	31,666
TDRs less than 90 days delinquent not included elsewhere	21,421	18,154
Total impaired loans	80,016	96,045
Average recorded investment in impaired loans	97,648	117,275
Interest income recognized on impaired loans	1,909	4,503
Business Banking | Commercial real estate loans
Composition of impaired loans by portfolio segment and by class of financing receivable
Nonaccrual loans 90 or more days delinquent	12,673	11,099
Nonaccrual loans less than 90 days delinquent	9,967	27,548
Loans less than 90 days delinquent reviewed for impairment	26,960	26,400
TDRs less than 90 days delinquent not included elsewhere	16,615	12,128
Total impaired loans	66,215	77,175
Average recorded investment in impaired loans	79,416	90,187
Interest income recognized on impaired loans	1,564	3,589
Business Banking | Commercial loans
Composition of impaired loans by portfolio segment and by class of financing receivable
Nonaccrual loans 90 or more days delinquent	1,858	3,475
Nonaccrual loans less than 90 days delinquent	5,401	4,103
Loans less than 90 days delinquent reviewed for impairment	1,736	5,266
TDRs less than 90 days delinquent not included elsewhere	4,806	6,026
Total impaired loans	13,801	18,870
Average recorded investment in impaired loans	18,232	27,088
Interest income recognized on impaired loans	$ 345	$ 914

Loans receivable (Details 6)

Loans receivable (Details 6) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Evaluation of impaired loans by portfolio segment and by class of financing receivable
Loans collectively evaluated for impairment	$ 6,043,235	$ 5,898,759
Loans individually evaluated for impairment	81,422	91,132
Loans individually evaluated for impairment for which there is a related impairment reserve	47,575	63,659
Related impairment reserve	4,321	8,930
Loans individually evaluated for impairment for which there is no related impairment reserve	33,847	27,473
Personal Banking
Evaluation of impaired loans by portfolio segment and by class of financing receivable
Loans collectively evaluated for impairment	3,895,573	3,820,479
Loans individually evaluated for impairment	9,817	9,852
Loans individually evaluated for impairment for which there is a related impairment reserve	9,817	9,852
Related impairment reserve	1,499	1,363
Personal Banking | Residential mortgage loans
Evaluation of impaired loans by portfolio segment and by class of financing receivable
Loans collectively evaluated for impairment	2,590,038	2,514,060
Loans individually evaluated for impairment	7,132	7,396
Loans individually evaluated for impairment for which there is a related impairment reserve	7,132	7,396
Related impairment reserve	1,221	1,116
Personal Banking | Home equity loans
Evaluation of impaired loans by portfolio segment and by class of financing receivable
Loans collectively evaluated for impairment	1,053,241	1,063,741
Loans individually evaluated for impairment	2,588	2,390
Loans individually evaluated for impairment for which there is a related impairment reserve	2,588	2,390
Related impairment reserve	276	246
Personal Banking | Other consumer loans
Evaluation of impaired loans by portfolio segment and by class of financing receivable
Loans collectively evaluated for impairment	252,294	242,678
Loans individually evaluated for impairment	97	66
Loans individually evaluated for impairment for which there is a related impairment reserve	97	66
Related impairment reserve	2	1
Business Banking
Evaluation of impaired loans by portfolio segment and by class of financing receivable
Loans collectively evaluated for impairment	2,147,662	2,078,280
Loans individually evaluated for impairment	71,605	81,280
Loans individually evaluated for impairment for which there is a related impairment reserve	37,758	53,807
Related impairment reserve	2,822	7,567
Loans individually evaluated for impairment for which there is no related impairment reserve	33,847	27,473
Business Banking | Commercial real estate loans
Evaluation of impaired loans by portfolio segment and by class of financing receivable
Loans collectively evaluated for impairment	1,798,992	1,734,864
Loans individually evaluated for impairment	60,751	66,320
Loans individually evaluated for impairment for which there is a related impairment reserve	30,513	42,869
Related impairment reserve	2,117	6,189
Loans individually evaluated for impairment for which there is no related impairment reserve	30,238	23,451
Business Banking | Commercial loans
Evaluation of impaired loans by portfolio segment and by class of financing receivable
Loans collectively evaluated for impairment	348,670	343,416
Loans individually evaluated for impairment	10,854	14,960
Loans individually evaluated for impairment for which there is a related impairment reserve	7,245	10,938
Related impairment reserve	705	1,378
Loans individually evaluated for impairment for which there is no related impairment reserve	$ 3,609	$ 4,022

Loans receivable (Details 7)

Loans receivable (Details 7) $ in Thousands	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)item	Mar. 31, 2015USD ($)item	Jun. 30, 2014USD ($)item	Mar. 31, 2014USD ($)item	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)item	Dec. 31, 2014USD ($)item	Dec. 31, 2013USD ($)item
Number of contract
FinancingReceivableModificationsNumberOfContract | item	231	242	248	258	231	248	248	262
Number of contracts new TDRs | item	4		6		6	13
Number of re-modified TDRs | item	1				2	4
FinancingReceivableModificationsNumberOfContract | item	231	242	248	258	231	248	248	262
Roll forward of troubled debt restructurings
Beginning TDR balance:	$ 60,645	$ 61,788	$ 74,511	$ 79,166	$ 61,788	$ 79,166	$ 79,166
New TDRs	386		1,343		498	2,652
Re-modified TDRs	45				130	159
Net paydowns	(3,617)		(2,526)		(4,440)	(7,020)
Ending TDR balance:	56,184	$ 60,645	63,793	$ 74,511	56,184	63,793	61,788	$ 79,166
Accruing TDRs	40,741		39,844		40,741	39,844
Non-accrual TDRs	$ 15,443		$ 23,949		$ 15,443	$ 23,949	$ 24,500
Troubled debt restructurings:
Number of contracts | item	5		6		8	17
Recorded investment at the time of modification	$ 431		$ 1,343		$ 628	$ 2,811
Current recorded investment	427		1,252		621	2,734
Current allowance	$ 30		$ 91		$ 48	$ 253
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
Number of contracts | item	2		3		3	3
Recorded investment at the time of modification	$ 274		$ 7,572		$ 324	$ 7,572
Current recorded investment	$ 271		504		$ 271	504
Current allowance			$ 35			$ 35
Minimum
Troubled debt restructurings
Period of time to return TDRs included in impaired loans to performing status through the fulfilling of contractual terms					6 months
Residential mortgage loans
Number of contract
Number of contracts paid off | item	1				1
Roll forward of troubled debt restructurings
Amount of contracts paid off	$ (53)				$ (53)
Home equity loans
Number of contract
Number of contracts charged off | item	1		1		3	1
Number of contracts paid off | item			1		1	1
Roll forward of troubled debt restructurings
Amount of contracts charged off	$ (68)		$ (130)		$ (99)	$ (130)
Amount of contracts paid off			$ (39)		$ (6)	$ (39)
Commercial real estate loans
Number of contract
Number of contracts charged off | item	1				2	2
Number of contracts paid off | item	6		4		8	6
Roll forward of troubled debt restructurings
Amount of contracts charged off	$ (9)				$ (23)	$ (31)
Amount of contracts paid off	$ (926)		$ (561)		$ (1,005)	$ (838)
Commercial loans
Number of contract
Number of contracts charged off | item			7		2	8
Number of contracts paid off | item	6		3		6	9
Roll forward of troubled debt restructurings
Amount of contracts charged off			$ (8,244)		$ (387)	$ (8,251)
Amount of contracts paid off	$ (219)		$ (561)		$ (219)	$ (1,875)
Personal Banking
Number of contract
Number of re-modified TDRs | item	1				2	1
Troubled debt restructurings:
Number of contracts | item	3		5		6	11
Recorded investment at the time of modification	$ 122		$ 1,008		$ 319	$ 2,298
Current recorded investment	$ 121		921		315	2,206
Current allowance			$ 67		$ 18	$ 186
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
Number of contracts | item	2				2
Recorded investment at the time of modification	$ 274				$ 274
Current recorded investment	$ 271				$ 271
Personal Banking | Residential mortgage loans
Number of contract
Number of re-modified TDRs | item	1				1	1
Troubled debt restructurings:
Number of contracts | item	2		3		4	9
Recorded investment at the time of modification	$ 120		$ 632		$ 232	$ 1,922
Current recorded investment	$ 119		575		230	1,860
Current allowance			$ 65		$ 1	$ 184
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
Number of contracts | item	1				1
Recorded investment at the time of modification	$ 251				$ 251
Current recorded investment	$ 250				$ 250
Personal Banking | Home equity loans
Number of contract
Number of re-modified TDRs | item					1
Troubled debt restructurings:
Number of contracts | item	1		2		2	2
Recorded investment at the time of modification	$ 2		$ 376		$ 87	$ 376
Current recorded investment	$ 2		346		85	346
Current allowance			$ 2		$ 17	$ 2
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
Number of contracts | item	1				1
Recorded investment at the time of modification	$ 23				$ 23
Current recorded investment	$ 21				$ 21
Business Banking
Number of contract
Number of re-modified TDRs | item						3
Troubled debt restructurings:
Number of contracts | item	2		1		2	6
Recorded investment at the time of modification	$ 309		$ 335		$ 309	$ 513
Current recorded investment	306		331		306	528
Current allowance	$ 30		$ 24		$ 30	$ 67
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
Number of contracts | item			3		1	3
Recorded investment at the time of modification			$ 7,572		$ 50	$ 7,572
Current recorded investment			504			504
Current allowance			$ 35			$ 35
Business Banking | Commercial real estate loans
Number of contract
Number of re-modified TDRs | item						2
Troubled debt restructurings:
Number of contracts | item	1				1	3
Recorded investment at the time of modification	$ 12				$ 12	$ 89
Current recorded investment	12				12	82
Current allowance	$ 1				$ 1	$ 32
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
Number of contracts | item			2			2
Recorded investment at the time of modification			$ 128			$ 128
Current recorded investment			126			126
Current allowance			$ 35			$ 35
Business Banking | Commercial loans
Number of contract
Number of re-modified TDRs | item						1
Troubled debt restructurings:
Number of contracts | item	1		1		1	3
Recorded investment at the time of modification	$ 297		$ 335		$ 297	$ 424
Current recorded investment	294		331		294	446
Current allowance	$ 29		$ 24		$ 29	$ 35
Troubled debt restructurings modified within the previous twelve months that have subsequently defaulted:
Number of contracts | item			1		1	1
Recorded investment at the time of modification			$ 7,444		$ 50	$ 7,444
Current recorded investment			$ 378			$ 378

Loans receivable (Details 8)

Loans receivable (Details 8) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)item	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)item
Troubled debt restructurings
Number of contracts | item	5	6	8	17
Total	$ 427	$ 1,252	$ 621	$ 2,734
Rate
Troubled debt restructurings
Total	74		157
Payment
Troubled debt restructurings
Total				110
Maturity date
Troubled debt restructurings
Total	308	921	419	2,264
Other
Troubled debt restructurings
Total	$ 45	$ 331	$ 45	$ 360
Personal Banking
Troubled debt restructurings
Number of contracts | item	3	5	6	11
Total	$ 121	$ 921	$ 315	$ 2,206
Personal Banking | Rate
Troubled debt restructurings
Total	74		157
Personal Banking | Maturity date
Troubled debt restructurings
Total	2	$ 921	113	$ 2,206
Personal Banking | Other
Troubled debt restructurings
Total	$ 45		$ 45
Personal Banking | Residential mortgage loans
Troubled debt restructurings
Number of contracts | item	2	3	4	9
Total	$ 119	$ 575	$ 230	$ 1,860
Personal Banking | Residential mortgage loans | Rate
Troubled debt restructurings
Total	74		74
Personal Banking | Residential mortgage loans | Maturity date
Troubled debt restructurings
Total		$ 575	111	$ 1,860
Personal Banking | Residential mortgage loans | Other
Troubled debt restructurings
Total	$ 45		$ 45
Personal Banking | Home equity loans
Troubled debt restructurings
Number of contracts | item	1	2	2	2
Total	$ 2	$ 346	$ 85	$ 346
Personal Banking | Home equity loans | Rate
Troubled debt restructurings
Total			83
Personal Banking | Home equity loans | Maturity date
Troubled debt restructurings
Total	$ 2	$ 346	$ 2	$ 346
Business Banking
Troubled debt restructurings
Number of contracts | item	2	1	2	6
Total	$ 306	$ 331	$ 306	$ 528
Business Banking | Payment
Troubled debt restructurings
Total				110
Business Banking | Maturity date
Troubled debt restructurings
Total	$ 306		$ 306	58
Business Banking | Other
Troubled debt restructurings
Total		$ 331		$ 360
Business Banking | Commercial real estate loans
Troubled debt restructurings
Number of contracts | item	1		1	3
Total	$ 12		$ 12	$ 82
Business Banking | Commercial real estate loans | Maturity date
Troubled debt restructurings
Total	$ 12		$ 12	58
Business Banking | Commercial real estate loans | Other
Troubled debt restructurings
Total				$ 24
Business Banking | Commercial loans
Troubled debt restructurings
Number of contracts | item	1	1	1	3
Total	$ 294	$ 331	$ 294	$ 446
Business Banking | Commercial loans | Payment
Troubled debt restructurings
Total				110
Business Banking | Commercial loans | Maturity date
Troubled debt restructurings
Total	$ 294		$ 294
Business Banking | Commercial loans | Other
Troubled debt restructurings
Total		$ 331		$ 336

Loans receivable (Details 9)

Loans receivable (Details 9) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2015USD ($)item	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)item
Troubled debt restructurings by type of modification
Number of re-modified TDRs | item	1	2	4
Total	$ 45	$ 128	$ 158
Rate
Troubled debt restructurings by type of modification
Total		83
Maturity date
Troubled debt restructurings by type of modification
Total			135
Other
Troubled debt restructurings by type of modification
Total	$ 45	$ 45	$ 23
Personal Banking
Troubled debt restructurings by type of modification
Number of re-modified TDRs | item	1	2	1
Total	$ 45	$ 128	$ 77
Personal Banking | Rate
Troubled debt restructurings by type of modification
Total		83
Personal Banking | Maturity date
Troubled debt restructurings by type of modification
Total			$ 77
Personal Banking | Other
Troubled debt restructurings by type of modification
Total	$ 45	$ 45
Personal Banking | Residential mortgage loans
Troubled debt restructurings by type of modification
Number of re-modified TDRs | item	1	1	1
Total	$ 45	$ 45	$ 77
Personal Banking | Residential mortgage loans | Maturity date
Troubled debt restructurings by type of modification
Total			$ 77
Personal Banking | Residential mortgage loans | Other
Troubled debt restructurings by type of modification
Total	$ 45	$ 45
Personal Banking | Home equity loans
Troubled debt restructurings by type of modification
Number of re-modified TDRs | item		1
Total		$ 83
Personal Banking | Home equity loans | Rate
Troubled debt restructurings by type of modification
Total		$ 83
Business Banking
Troubled debt restructurings by type of modification
Number of re-modified TDRs | item			3
Total			$ 81
Business Banking | Maturity date
Troubled debt restructurings by type of modification
Total			58
Business Banking | Other
Troubled debt restructurings by type of modification
Total			$ 23
Business Banking | Commercial real estate loans
Troubled debt restructurings by type of modification
Number of re-modified TDRs | item			2
Total			$ 76
Business Banking | Commercial real estate loans | Maturity date
Troubled debt restructurings by type of modification
Total			58
Business Banking | Commercial real estate loans | Other
Troubled debt restructurings by type of modification
Total			$ 18
Business Banking | Commercial loans
Troubled debt restructurings by type of modification
Number of re-modified TDRs | item			1
Total			$ 5
Business Banking | Commercial loans | Other
Troubled debt restructurings by type of modification
Total			$ 5

Loans receivable (Details 10)

Loans receivable (Details 10) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Loan payment delinquencies
30-59 days delinquent	$ 17,285	$ 45,985
60-89 days delinquent	14,750	13,324
90 days or greater delinquent	37,471	41,326
Total delinquency	69,506	100,635
Current	6,055,151	5,889,256
Total loans	6,124,657	5,989,891
Personal Banking
Loan payment delinquencies
30-59 days delinquent	12,134	38,767
60-89 days delinquent	9,672	11,077
90 days or greater delinquent	22,940	26,752
Total delinquency	44,746	76,596
Current	3,860,644	3,753,735
Total loans	3,905,390	3,830,331
Personal Banking | Residential mortgage loans
Loan payment delinquencies
30-59 days delinquent	3,250	27,443
60-89 days delinquent	5,815	6,970
90 days or greater delinquent	16,125	17,696
Total delinquency	25,190	52,109
Current	2,571,980	2,469,347
Total loans	2,597,170	2,521,456
Personal Banking | Home equity loans
Loan payment delinquencies
30-59 days delinquent	3,768	5,752
60-89 days delinquent	2,090	1,672
90 days or greater delinquent	4,616	6,606
Total delinquency	10,474	14,030
Current	1,045,355	1,052,101
Total loans	1,055,829	1,066,131
Personal Banking | Other consumer loans
Loan payment delinquencies
30-59 days delinquent	5,116	5,572
60-89 days delinquent	1,767	2,435
90 days or greater delinquent	2,199	2,450
Total delinquency	9,082	10,457
Current	243,309	232,287
Total loans	252,391	242,744
Business Banking
Loan payment delinquencies
30-59 days delinquent	5,151	7,218
60-89 days delinquent	5,078	2,247
90 days or greater delinquent	14,531	14,574
Total delinquency	24,760	24,039
Current	2,194,507	2,135,521
Total loans	2,219,267	2,159,560
Business Banking | Commercial real estate loans
Loan payment delinquencies
30-59 days delinquent	3,788	4,956
60-89 days delinquent	4,919	2,038
90 days or greater delinquent	12,673	11,099
Total delinquency	21,380	18,093
Current	1,838,363	1,783,091
Total loans	1,859,743	1,801,184
Business Banking | Commercial loans
Loan payment delinquencies
30-59 days delinquent	1,363	2,262
60-89 days delinquent	159	209
90 days or greater delinquent	1,858	3,475
Total delinquency	3,380	5,946
Current	356,144	352,430
Total loans	$ 359,524	$ 358,376

Loans receivable (Details 11)

Loans receivable (Details 11) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Credit quality indicators
Total loans	$ 6,124,657	$ 5,989,891
Pass
Credit quality indicators
Total loans	5,876,215	5,712,244
Special mention
Credit quality indicators
Total loans	57,290	60,598
Substandard
Credit quality indicators
Total loans	189,780	212,948
Doubtful
Credit quality indicators
Total loans	2	2,677
Loss
Credit quality indicators
Total loans	1,370	1,424
Special mention or substandard | Minimum
Credit quality indicators
Total loans	1,000
Personal Banking
Credit quality indicators
Total loans	3,905,390	3,830,331
Personal Banking | Pass
Credit quality indicators
Total loans	3,886,299	3,807,741
Personal Banking | Substandard
Credit quality indicators
Total loans	17,721	21,166
Personal Banking | Loss
Credit quality indicators
Total loans	1,370	1,424
Personal Banking | Residential mortgage loans
Credit quality indicators
Total loans	2,597,170	2,521,456
Personal Banking | Residential mortgage loans | Pass
Credit quality indicators
Total loans	2,584,438	2,507,269
Personal Banking | Residential mortgage loans | Substandard
Credit quality indicators
Total loans	11,362	12,763
Personal Banking | Residential mortgage loans | Loss
Credit quality indicators
Total loans	1,370	1,424
Personal Banking | Home equity loans
Credit quality indicators
Total loans	1,055,829	1,066,131
Personal Banking | Home equity loans | Pass
Credit quality indicators
Total loans	1,051,213	1,059,525
Personal Banking | Home equity loans | Substandard
Credit quality indicators
Total loans	4,616	6,606
Personal Banking | Other consumer loans
Credit quality indicators
Total loans	252,391	242,744
Personal Banking | Other consumer loans | Pass
Credit quality indicators
Total loans	250,648	240,947
Personal Banking | Other consumer loans | Substandard
Credit quality indicators
Total loans	1,743	1,797
Business Banking
Credit quality indicators
Total loans	2,219,267	2,159,560
Business Banking | Pass
Credit quality indicators
Total loans	1,989,916	1,904,503
Business Banking | Special mention
Credit quality indicators
Total loans	57,290	60,598
Business Banking | Substandard
Credit quality indicators
Total loans	172,059	191,782
Business Banking | Doubtful
Credit quality indicators
Total loans	2	2,677
Business Banking | Commercial real estate loans
Credit quality indicators
Total loans	1,859,743	1,801,184
Business Banking | Commercial real estate loans | Pass
Credit quality indicators
Total loans	1,688,449	1,618,269
Business Banking | Commercial real estate loans | Special mention
Credit quality indicators
Total loans	37,497	36,908
Business Banking | Commercial real estate loans | Substandard
Credit quality indicators
Total loans	133,797	145,502
Business Banking | Commercial real estate loans | Doubtful
Credit quality indicators
Total loans		505
Business Banking | Commercial loans
Credit quality indicators
Total loans	359,524	358,376
Business Banking | Commercial loans | Pass
Credit quality indicators
Total loans	301,467	286,234
Business Banking | Commercial loans | Special mention
Credit quality indicators
Total loans	19,793	23,690
Business Banking | Commercial loans | Substandard
Credit quality indicators
Total loans	38,262	46,280
Business Banking | Commercial loans | Doubtful
Credit quality indicators
Total loans	$ 2	$ 2,172

Goodwill and Other Intangible52

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Amortizable intangible assets:
Amortization expense	$ 269	$ 331	$ 537	$ 662
Estimated amortization expense
For the year ending December 31, 2015	1,074		1,074
For the year ending December 31, 2016	835		835
For the year ending December 31, 2017	597		597
For the year ending December 31, 2018	429		429
For the year ending December 31, 2019	260		260
For the year ending December 31, 2020	92		92
Core Deposits
Amortizable intangible assets:
Intangible asset - gross	30,578		30,578		$ 30,578
Less: accumulated amortization	(30,578)		(30,578)		(30,578)
Customer and Contract
Amortizable intangible assets:
Intangible asset - gross	8,234		8,234		6,197
Acquisitions			263		2,037
Less: accumulated amortization	(5,738)		(5,738)		(5,201)
Intangible asset - net	$ 2,759		$ 2,759		$ 3,033

Goodwill and Other Intangible53

Goodwill and Other Intangible Assets (Details 2) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Changes in the carrying amount of goodwill
Balance at the beginning of the period	$ 175,323	$ 174,644
Goodwill acquired	175	679
Balance at the end of the period	175,498	175,323
Community Banks
Changes in the carrying amount of goodwill
Balance at the beginning of the period	173,710	173,031
Goodwill acquired	175	679
Balance at the end of the period	173,885	173,710
Consumer Finance
Changes in the carrying amount of goodwill
Balance at the beginning of the period	1,613	1,613
Balance at the end of the period	$ 1,613	$ 1,613

Guarantees (Details)

Guarantees (Details) - Jun. 30, 2015 - USD ($)	Total
Guarantees
Maximum potential amount of future payments	$ 25,000,000
Maximum potential amount of future payments fully collateralized	24,300,000
Liability recognized for the obligations	1,200,000
Recourse provisions for recovery of amounts from third parties	$ 0

Earnings Per Share (Details)

Earnings Per Share (Details) - Stock options - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Antidilutive securities excluded from the calculation of earnings per share
Options excluded from the calculation of earnings per share (in shares)	1,711,080		4,344,225
Weighted average share price during the reporting period (in dollars per share)	$ 12.64		$ 12.42
Average share price during the reporting period (in dollars per share)	$ 12.32	$ 13.72	$ 12.11	$ 14.09

Earnings Per Share (Details 2)

Earnings Per Share (Details 2) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share
Reported net income	$ 15,305	$ 12,674	$ 31,475	$ 27,285
Weighted average common shares outstanding	91,538,172	91,491,654	91,585,766	91,324,169
Dilutive potential shares due to effect of stock options	459,833	1,039,488	364,450	1,118,462
Total weighted average common shares and dilutive potential shares	91,998,005	92,531,142	91,950,216	92,442,631
Basic earnings per share (in dollars per share)	$ 0.17	$ 0.14	$ 0.34	$ 0.30
Diluted earnings per share (in dollars per share)	$ 0.17	$ 0.14	$ 0.34	$ 0.30

Pension and Other Post-retire57

Pension and Other Post-retirement Benefits (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Plans
Components of net periodic pension cost
Service cost	$ 1,430	$ 1,035	$ 2,860	$ 2,070
Interest cost	1,531	1,457	3,062	2,914
Expected return on plan assets	(2,593)	(2,416)	(5,186)	(4,832)
Amortization of prior service cost	(581)	(581)	(1,162)	(1,162)
Amortization of the net loss	925	357	1,850	713
Net periodic (benefit)/ cost	712	(148)	1,424	(297)
Pension Plans | Minimum
Components of net periodic pension cost
Estimated contribution for the current year			4,000
Pension Plans | Maximum
Components of net periodic pension cost
Estimated contribution for the current year			8,000
Other post-retirement benefits
Components of net periodic pension cost
Interest cost	15	17	30	33
Amortization of the net loss	15	12	30	24
Net periodic (benefit)/ cost	$ 30	$ 29	$ 60	$ 57

Disclosures About Fair Value 58

Disclosures About Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Disclosures About Fair Value of Financial Instruments
Significant unrealized appreciation or depreciation in financial instruments	$ 0	$ 0
Financial assets:
Securities available-for-sale	861,157	912,371
Securities held-to-maturity	62,957	106,292
Accrued interest receivable	18,682	18,623
Financial liabilities:
Borrowed funds	899,056	888,109
Junior subordinated debentures	103,094	103,094
Assets transferred between Level 1 and Level 2	0
Liabilities transferred between Level 1 and Level 2	0
Level 1
Financial assets:
Cash and cash equivalents	292,948	240,706
Securities available-for-sale	1,932	3,157
Accrued interest receivable	18,682	18,623
Total financial assets	313,562	262,486
Financial liabilities:
Savings and checking accounts	4,296,954	4,154,228
Borrowed funds	138,687	162,714
Accrued interest payable	1,302	936
Total financial liabilities	4,436,943	4,317,878
Level 2
Financial assets:
Securities available-for-sale	850,002	898,617
Securities held-to-maturity	62,957	106,292
Total financial assets	912,959	1,004,909
Financial liabilities:
Cash flow hedges - swaps	5,454	6,273
Total financial liabilities	5,454	6,273
Level 3
Financial assets:
Securities available-for-sale	9,223	10,597
Loans receivable, net	6,389,381	6,240,079
Total financial assets	6,398,604	6,250,676
Financial liabilities:
Time deposits	1,413,605	1,498,539
Borrowed funds	786,631	756,898
Junior subordinated debentures	108,627	109,435
Total financial liabilities	2,308,863	2,364,872
Carrying amount
Financial assets:
Cash and cash equivalents	292,948	240,706
Securities available-for-sale	861,157	912,371
Securities held-to-maturity	61,464	103,695
Loans receivable, net	6,065,600	5,922,373
Accrued interest receivable	18,682	18,623
FHLB Stock	38,066	33,293
Total financial assets	7,337,917	7,231,061
Financial liabilities:
Savings and checking accounts	4,296,954	4,154,228
Time deposits	1,397,528	1,478,314
Borrowed funds	899,056	888,109
Junior subordinated debentures	103,094	103,094
Cash flow hedges - swaps	5,454	6,273
Accrued interest payable	1,302	936
Total financial liabilities	6,703,388	6,630,954
Estimated fair value
Financial assets:
Cash and cash equivalents	292,948	240,706
Securities available-for-sale	861,157	912,371
Securities held-to-maturity	62,957	106,292
Loans receivable, net	6,389,381	6,240,079
Accrued interest receivable	18,682	18,623
FHLB Stock	38,066	33,293
Total financial assets	7,663,191	7,551,364
Financial liabilities:
Savings and checking accounts	4,296,954	4,154,228
Time deposits	1,413,605	1,498,539
Borrowed funds	925,318	919,612
Junior subordinated debentures	108,627	109,435
Cash flow hedges - swaps	5,454	6,273
Accrued interest payable	1,302	936
Total financial liabilities	$ 6,751,260	$ 6,689,023

Disclosures About Fair Value 59

Disclosures About Fair Value of Financial Instruments (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	$ 861,157	$ 912,371
Level 1
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	1,932	3,157
Total financial assets	313,562	262,486
Level 2
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	850,002	898,617
Interest rate swaps	(5,454)	(6,273)
Total financial assets	912,959	1,004,909
Level 3
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	9,223	10,597
Total financial assets	6,398,604	6,250,676
Measured on recurring basis
Assets and liabilities measured at fair value on a recurring basis
Total financial assets	855,703	906,098
Measured on recurring basis | Equity securities
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	1,932	3,157
Measured on recurring basis | Debt securities
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	426,864	424,102
Measured on recurring basis | Debt securities | U.S. government and agencies
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	21	25
Measured on recurring basis | Debt securities | Debt issued by government sponsored enterprises
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	344,964	333,505
Measured on recurring basis | Debt securities | Municipal securities
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	62,949	70,145
Measured on recurring basis | Debt securities | Corporate debt issues
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	18,930	20,427
Measured on recurring basis | Mortgage-backed securities
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	432,361	485,112
Measured on recurring basis | Residential mortgage-backed securities | GNMA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	26,977	29,216
Measured on recurring basis | Residential mortgage-backed securities | FNMA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	66,057	73,497
Measured on recurring basis | Residential mortgage-backed securities | FHLMC
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	37,566	42,119
Measured on recurring basis | Residential mortgage-backed securities | Non-agency CMOs
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	619	643
Measured on recurring basis | Collateralized mortgage obligations | GNMA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	6,832	8,329
Measured on recurring basis | Collateralized mortgage obligations | FNMA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	124,459	139,150
Measured on recurring basis | Collateralized mortgage obligations | FHLMC
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	157,772	178,698
Measured on recurring basis | Collateralized mortgage obligations | SBA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	8,966	10,052
Measured on recurring basis | Collateralized mortgage obligations | Non-agency CMOs
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	3,113	3,408
Measured on recurring basis | Interest rate swap agreements
Assets and liabilities measured at fair value on a recurring basis
Interest rate swaps	(5,454)	(6,273)
Measured on recurring basis | Level 1
Assets and liabilities measured at fair value on a recurring basis
Total financial assets	1,932	3,157
Measured on recurring basis | Level 1 | Equity securities
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	1,932	3,157
Measured on recurring basis | Level 2
Assets and liabilities measured at fair value on a recurring basis
Total financial assets	844,548	892,344
Measured on recurring basis | Level 2 | Debt securities
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	417,641	413,505
Measured on recurring basis | Level 2 | Debt securities | U.S. government and agencies
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	21	25
Measured on recurring basis | Level 2 | Debt securities | Debt issued by government sponsored enterprises
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	344,964	333,505
Measured on recurring basis | Level 2 | Debt securities | Municipal securities
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	62,949	70,145
Measured on recurring basis | Level 2 | Debt securities | Corporate debt issues
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	9,707	9,830
Measured on recurring basis | Level 2 | Mortgage-backed securities
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	432,361	485,112
Measured on recurring basis | Level 2 | Residential mortgage-backed securities | GNMA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	26,977	29,216
Measured on recurring basis | Level 2 | Residential mortgage-backed securities | FNMA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	66,057	73,497
Measured on recurring basis | Level 2 | Residential mortgage-backed securities | FHLMC
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	37,566	42,119
Measured on recurring basis | Level 2 | Residential mortgage-backed securities | Non-agency CMOs
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	619	643
Measured on recurring basis | Level 2 | Collateralized mortgage obligations | GNMA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	6,832	8,329
Measured on recurring basis | Level 2 | Collateralized mortgage obligations | FNMA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	124,459	139,150
Measured on recurring basis | Level 2 | Collateralized mortgage obligations | FHLMC
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	157,772	178,698
Measured on recurring basis | Level 2 | Collateralized mortgage obligations | SBA
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	8,966	10,052
Measured on recurring basis | Level 2 | Collateralized mortgage obligations | Non-agency CMOs
Assets and liabilities measured at fair value on a recurring basis
Mortgage-backed securities	3,113	3,408
Measured on recurring basis | Level 2 | Interest rate swap agreements
Assets and liabilities measured at fair value on a recurring basis
Interest rate swaps	(5,454)	(6,273)
Measured on recurring basis | Level 3
Assets and liabilities measured at fair value on a recurring basis
Total financial assets	9,223	10,597
Measured on recurring basis | Level 3 | Debt securities
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	9,223	10,597
Measured on recurring basis | Level 3 | Debt securities | Corporate debt issues
Assets and liabilities measured at fair value on a recurring basis
Securities available-for-sale	$ 9,223	$ 10,597

Disclosures About Fair Value 60

Disclosures About Fair Value of Financial Instruments (Details 3) - Debt securities - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reconciliation of debt securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)
Balance at the beginning of the period	$ 10,306	$ 12,391	$ 10,597	$ 12,251
Total net realized investment gains/ (losses) and net change in unrealized appreciation/ (depreciation):
Included in other comprehensive income	(1,083)	152	(1,374)	292
Balance at the end of the period	$ 9,223	$ 12,543	$ 9,223	$ 12,543

Disclosures About Fair Value 61

Disclosures About Fair Value of Financial Instruments (Details 4) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair value measurement for nonrecurring assets that had a fair market value below the carrying amount
Total assets	$ 57,118	$ 71,488
Loans evaluated for impairment
Fair value measurement for nonrecurring assets that had a fair market value below the carrying amount
Total assets	43,254	54,729
Real estate owned
Fair value measurement for nonrecurring assets that had a fair market value below the carrying amount
Total assets	13,864	16,759
Level 3
Fair value measurement for nonrecurring assets that had a fair market value below the carrying amount
Total assets	57,118	71,488
Level 3 | Loans evaluated for impairment
Fair value measurement for nonrecurring assets that had a fair market value below the carrying amount
Total assets	43,254	54,729
Level 3 | Real estate owned
Fair value measurement for nonrecurring assets that had a fair market value below the carrying amount
Total assets	$ 13,864	$ 16,759

Disclosures About Fair Value 62

Disclosures About Fair Value of Financial Instruments (Details 5) - Jun. 30, 2015 - USD ($) $ in Thousands	Total
Debt securities
Quantitative information for Level 3 Fair Value Measurements Assets
Fair value	$ 9,223
Debt securities | Discounted cash flow
Quantitative information for Level 3 Fair Value Measurements Assets
Default rates (as a percent)	1.00%
Prepayment speeds (as a percent)	1.00%
Debt securities | Discounted cash flow | Minimum
Quantitative information for Level 3 Fair Value Measurements Assets
Discount margin (as a percent)	0.35%
Debt securities | Discounted cash flow | Maximum
Quantitative information for Level 3 Fair Value Measurements Assets
Discount margin (as a percent)	2.10%
Debt securities | Discounted cash flow | Weighted Average
Quantitative information for Level 3 Fair Value Measurements Assets
Discount margin (as a percent)	0.69%
Loans evaluated for impairment
Quantitative information for Level 3 Fair Value Measurements Assets
Fair value	$ 43,254
Estimated costs to sell (as a percent)	10.00%
Loans evaluated for impairment | Discounted cash flow | Minimum
Quantitative information for Level 3 Fair Value Measurements Assets
Discount margin (as a percent)	3.75%
Loans evaluated for impairment | Discounted cash flow | Maximum
Quantitative information for Level 3 Fair Value Measurements Assets
Discount margin (as a percent)	6.50%
Loans evaluated for impairment | Discounted cash flow | Weighted Average
Quantitative information for Level 3 Fair Value Measurements Assets
Discount margin (as a percent)	5.13%
Real estate owned
Quantitative information for Level 3 Fair Value Measurements Assets
Fair value	$ 13,864
Estimated costs to sell (as a percent)	10.00%

Guaranteed Preferred Benefici63

Guaranteed Preferred Beneficial Interests in Company's Junior Subordinated Deferrable Interest Debentures (Trust-Preferred Securities) and Interest Rate Swap Agreements (Details)	1 Months Ended	6 Months Ended
	Dec. 31, 2006	Jun. 30, 2015USD ($)item	Dec. 31, 2014USD ($)	Dec. 15, 2006USD ($)$ / sharesshares	Dec. 05, 2006USD ($)$ / sharesshares
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Number of statutory business trusts owned | item		2
Junior subordinated deferrable interest debentures held by trusts that issued guaranteed capital debt securities		$ 103,094,000	$ 103,094,000
Interest rate swap agreements
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Number of agreements | item		3
Northwest Bancorp Statutory Trust IV | Interest rate swap agreements
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Number of agreements | item		2
Trust preferred investments
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Maximum period for which interest payment on the subordinated debentures can be deferred		5 years
Interest deferral		$ 0
Trust preferred investments | Northwest Bancorp Capital Trust III
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Cumulative trust preferred securities issued (in shares) | shares					50,000
Cumulative trust preferred securities issued, liquidation value per preferred security (in dollars per security) | $ / shares					$ 1,000
Total value of cumulative trust preferred securities issued					$ 50,000,000
Variable rate basis	three-month LIBOR
Spread on variable rate basis (as a percent)	1.38%
Junior subordinated deferrable interest debentures held by trusts that issued guaranteed capital debt securities		$ 51,547,000
Trust preferred investments | Northwest Bancorp Capital Trust III | Swap 1 | Interest rate swap agreements
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Original term of swaps		10 years
Fixed rate (as a percent)		4.61%
Notional amount		$ 25,000,000
Trust preferred investments | Northwest Bancorp Statutory Trust IV
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Cumulative trust preferred securities issued (in shares) | shares				50,000
Cumulative trust preferred securities issued, liquidation value per preferred security (in dollars per security) | $ / shares				$ 1,000
Total value of cumulative trust preferred securities issued				$ 50,000,000
Variable rate basis	three-month LIBOR
Spread on variable rate basis (as a percent)	1.38%
Junior subordinated deferrable interest debentures held by trusts that issued guaranteed capital debt securities		$ 51,547,000
Trust preferred investments | Northwest Bancorp Statutory Trust IV | Swap 2 | Interest rate swap agreements
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Original term of swaps		7 years
Fixed rate (as a percent)		3.85%
Notional amount		$ 25,000,000
Trust preferred investments | Northwest Bancorp Statutory Trust IV | Swap 3 | Interest rate swap agreements
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust Preferred Securities) and Interest Rate Swaps
Original term of swaps		10 years
Fixed rate (as a percent)		4.09%
Notional amount		$ 25,000,000

Guaranteed Preferred Benefici64

Guaranteed Preferred Beneficial Interests in Company's Junior Subordinated Deferrable Interest Debentures (Trust-Preferred Securities) and Interest Rate Swap Agreements (Details 2) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Guaranteed Preferred Beneficial Interests in the Company's Junior Subordinated Deferrable Interest Debentures (Trust-Preferred Securities) and Interest Rate Swaps
Hedge ineffectiveness for swaps	$ 0
Interest rate swap agreements
Liability Derivatives, Included in Other Liabilities
Fair value	5,454	$ 6,273
Notional amount	75,000	75,000
Collateral posted	$ 6,105	$ 6,805

Changes in Accumulated Other 65

Changes in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Changes in accumulated other comprehensive income by component
Balance at the beginning of the period	$ (21,223)	$ (8,095)	$ (24,370)	$ (11,900)
Other comprehensive income before reclassification adjustments	(1,300)	3,221	1,696	9,068
Amounts reclassified from accumulated other comprehensive income	(60)	(342)	91	(2,384)
Other comprehensive income/ (loss)	(1,360)	2,879	1,787	6,684
Balance at the end of the period	(22,583)	(5,216)	(22,583)	(5,216)
Income tax expense related to compensation and employee benefits	(140)	74	(280)	149
Unrealized gains and losses on securities available-for-sale
Changes in accumulated other comprehensive income by component
Balance at the beginning of the period	6,345	459	3,461	(3,233)
Other comprehensive income before reclassification adjustments	(1,788)	3,123	1,164	8,719
Amounts reclassified from accumulated other comprehensive income	(279)	(204)	(347)	(2,108)
Other comprehensive income/ (loss)	(2,067)	2,919	817	6,611
Balance at the end of the period	4,278	3,378	4,278	3,378
Realized gains (losses) on securities, net of tax	458	334	(569)	3,456
Tax on realized gains on securities	(179)	(130)	(222)	(1,348)
Change in fair value of interest rate swaps
Changes in accumulated other comprehensive income by component
Balance at the beginning of the period	(4,034)	(4,973)	(4,078)	(5,224)
Other comprehensive income before reclassification adjustments	488	98	532	349
Other comprehensive income/ (loss)	488	98	532	349
Balance at the end of the period	(3,546)	(4,875)	(3,546)	(4,875)
Change in defined benefit pension plans
Changes in accumulated other comprehensive income by component
Balance at the beginning of the period	(23,534)	(3,581)	(23,753)	(3,443)
Amounts reclassified from accumulated other comprehensive income	219	(138)	438	(276)
Other comprehensive income/ (loss)	219	(138)	438	(276)
Balance at the end of the period	(23,315)	(3,719)	(23,315)	(3,719)
Amortization of prior service cost (compensation and employee benefits)	581	581	1,162	1,162
Amortization of net loss (compensation and employee benefits)	(940)	(369)	(1,880)	(737)
Income tax expense related to compensation and employee benefits	$ 140	$ (74)	$ 280	$ (149)

Other Items (Details)

Other Items (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Other Items
Total assets	$ 7,864,510	$ 7,900,628	$ 7,864,510	$ 7,900,628	$ 7,775,033
Net Income	$ 15,305	$ 12,674	$ 31,475	$ 27,285
LNB
Other Items
Percent of shares to be converted into Company common stock			50.00%
Percent of shares to be exchanged for cash			50.00%
Shares of Company's common stock, per share			1.461
Cash, in dollars per share	$ 18.70		$ 18.70
Total assets	$ 1,238,000		$ 1,238,000
Net Income	$ 2,300		$ 4,100

Uncategorized Items - nwbi-2015

Label	Element	Value
Interest-bearing Deposits in Banks and Other Financial Institutions	us-gaap_InterestBearingDepositsInBanks	$ 152,671
Interest-bearing Deposits in Banks and Other Financial Institutions	us-gaap_InterestBearingDepositsInBanks	208,311
Interest-bearing Deposits in Banks and Other Financial Institutions	us-gaap_InterestBearingDepositsInBanks	287,867
Cash and Due from Banks	us-gaap_CashAndDueFromBanks	84,000
Cash and Due from Banks	us-gaap_CashAndDueFromBanks	87,401
Cash and Due from Banks	us-gaap_CashAndDueFromBanks	97,467
Federal Funds Sold and Other Short-term Investments	nwbi_FederalFundsSoldAndOtherShortTermInvestments	634
Federal Funds Sold and Other Short-term Investments	nwbi_FederalFundsSoldAndOtherShortTermInvestments	634
Federal Funds Sold and Other Short-term Investments	nwbi_FederalFundsSoldAndOtherShortTermInvestments	$ 637