Loans receivable | Loans receivable The following table shows a summary of our loans receivable at June 30, 2019 and December 31, 2018 (in thousands): June 30, 2019 December 31, 2018 Originated Acquired Total Originated Acquired Total Personal Banking: Residential mortgage loans (1) $ 2,799,400 92,372 2,891,772 2,766,430 93,782 2,860,212 Home equity loans 1,041,302 273,645 1,314,947 1,043,878 214,544 1,258,422 Consumer finance loans (2) 1,449 — 1,449 3,817 — 3,817 Consumer loans 938,052 45,217 983,269 775,378 58,671 834,049 Total Personal Banking 4,780,203 411,234 5,191,437 4,589,503 366,997 4,956,500 Commercial Banking: Commercial real estate loans 2,551,548 479,063 3,030,611 2,416,047 223,327 2,639,374 Commercial loans 695,672 64,454 760,126 612,962 48,816 661,778 Total Commercial Banking 3,247,220 543,517 3,790,737 3,029,009 272,143 3,301,152 Total loans receivable, gross 8,027,423 954,751 8,982,174 7,618,512 639,140 8,257,652 Deferred loan costs 44,676 609 45,285 36,820 798 37,618 Allowance for loan losses (48,429 ) (4,678 ) (53,107 ) (51,751 ) (3,463 ) (55,214 ) Undisbursed loan proceeds: Residential mortgage loans (11,187 ) — (11,187 ) (11,513 ) — (11,513 ) Commercial real estate loans (215,132 ) (7,326 ) (222,458 ) (167,029 ) (524 ) (167,553 ) Commercial loans (55,786 ) (1,146 ) (56,932 ) (63,605 ) (1,160 ) (64,765 ) Total loans receivable, net $ 7,741,565 942,210 8,683,775 7,361,434 634,791 7,996,225 (1) There were no loans held for sale at June 30, 2019 and December 31, 2018 . (2) Represents loans from our consumer finance subsidiary that was closed in 2017. Such loans are no longer being originated. Acquired loans were initially measured at fair value and subsequently accounted for under either ASC Topic 310-30 or ASC Topic 310-20. The following table provides information related to the outstanding principal balance and related carrying value of acquired loans for the dates indicated (in thousands): June 30, 2019 December 31, 2018 Acquired loans evaluated individually for future credit losses: Outstanding principal balance $ 7,844 8,189 Carrying value 5,324 5,690 Acquired loans evaluated collectively for future credit losses: Outstanding principal balance 952,597 637,170 Carrying value 941,564 632,564 Total acquired loans: Outstanding principal balance 960,441 645,359 Carrying value 946,888 638,254 The following table provides information related to the changes in the accretable discount, which includes income recognized from contractual cash flows for the dates indicated (in thousands): Total Balance at December 31, 2017 $ 1,540 Accretion (785 ) Net reclassification from nonaccretable yield — Balance at December 31, 2018 755 Accretion (267 ) Net reclassification from nonaccretable yield — Balance at June 30, 2019 $ 488 The following table provides information related to acquired impaired loans by portfolio segment and by class of financing receivable at and for the six months ended June 30, 2019 (in thousands): Carrying value Outstanding principal balance Related impairment reserve Average recorded investment in impaired loans Interest income recognized Personal Banking: Residential mortgage loans $ 950 1,559 3 970 55 Home equity loans 839 1,781 7 923 70 Consumer loans 18 53 4 24 7 Total Personal Banking 1,807 3,393 14 1,917 132 Commercial Banking: Commercial real estate loans 3,439 4,366 4 3,512 133 Commercial loans 78 85 — 78 2 Total Commercial Banking 3,517 4,451 4 3,590 135 Total $ 5,324 7,844 18 5,507 267 The following table provides information related to acquired impaired loans by portfolio segment and by class of financing receivable at and for the year ended December 31, 2018 (in thousands): Carrying Outstanding Related Average Interest Personal Banking: Residential mortgage loans $ 990 1,598 6 1,294 226 Home equity loans 1,008 1,959 7 1,483 157 Consumer loans 29 76 4 53 35 Total Personal Banking 2,027 3,633 17 2,830 418 Commercial Banking: Commercial real estate loans 3,584 4,471 1 4,028 358 Commercial loans 79 85 — 82 9 Total Commercial Banking 3,663 4,556 1 4,110 367 Total $ 5,690 8,189 18 6,940 785 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, 2019 (in thousands): Balance as of June 30, 2019 Current period provision Charge-offs Recoveries Balance as of Originated loans Personal Banking: Residential mortgage loans $ 3,909 185 (390 ) 109 4,005 Home equity loans 2,990 153 (249 ) 24 3,062 Consumer finance loans 266 (191 ) (58 ) 110 405 Consumer loans 10,500 1,328 (2,472 ) 514 11,130 Total Personal Banking 17,665 1,475 (3,169 ) 757 18,602 Commercial Banking: Commercial real estate loans 20,962 (508 ) (4,147 ) 147 25,470 Commercial loans 9,802 2,937 (874 ) 100 7,639 Total Commercial Banking 30,764 2,429 (5,021 ) 247 33,109 Total originated loans 48,429 3,904 (8,190 ) 1,004 51,711 Acquired loans Personal Banking: Residential mortgage loans 104 — (7 ) 19 92 Home equity loans 344 (16 ) (140 ) 101 399 Consumer loans 511 32 (36 ) 61 454 Total Personal Banking 959 16 (183 ) 181 945 Commercial Banking: Commercial real estate loans 2,571 23 (220 ) 301 2,467 Commercial loans 1,148 724 (213 ) 39 598 Total Commercial Banking 3,719 747 (433 ) 340 3,065 Total acquired loans 4,678 763 (616 ) 521 4,010 Total $ 53,107 4,667 (8,806 ) 1,525 55,721 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, 2018 (in thousands): Balance as of June 30, 2018 Current period provision Charge-offs Recoveries Balance as of March 31, 2018 Originated loans Personal Banking: Residential mortgage loans $ 3,657 157 (310 ) 86 3,724 Home equity loans 3,839 272 (241 ) 91 3,717 Consumer finance loans 2,354 (370 ) (486 ) 179 3,031 Consumer loans 9,760 2,543 (2,623 ) 700 9,140 Total Personal Banking 19,610 2,602 (3,660 ) 1,056 19,612 Commercial Banking: Commercial real estate loans 21,019 991 (343 ) 153 20,218 Commercial loans 10,509 1,373 (311 ) 154 9,293 Total Commercial Banking 31,528 2,364 (654 ) 307 29,511 Total originated loans 51,138 4,966 (4,314 ) 1,363 49,123 Acquired loans Personal Banking: Residential mortgage loans 170 74 (79 ) 86 89 Home equity loans 662 56 (165 ) 43 728 Consumer loans 915 139 (59 ) 28 807 Total Personal Banking 1,747 269 (303 ) 157 1,624 Commercial Banking: Commercial real estate loans 3,422 (27 ) (96 ) 115 3,430 Commercial loans 1,025 141 (180 ) 30 1,034 Total Commercial Banking 4,447 114 (276 ) 145 4,464 Total acquired loans 6,194 383 (579 ) 302 6,088 Total $ 57,332 5,349 (4,893 ) 1,665 55,211 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, 2019 (in thousands): Balance as of June 30, 2019 Current period provision Charge-offs Recoveries Balance as of December 31, 2018 Originated loans Personal Banking: Residential mortgage loans $ 3,909 372 (739 ) 222 4,054 Home equity loans 2,990 117 (360 ) 49 3,184 Consumer finance loans 266 (419 ) (237 ) 246 676 Other consumer loans 10,500 4,377 (5,280 ) 999 10,404 Total Personal Banking 17,665 4,447 (6,616 ) 1,516 18,318 Commercial Banking: Commercial real estate loans 20,962 (972 ) (4,716 ) 271 26,379 Commercial loans 9,802 3,811 (1,331 ) 268 7,054 Total Commercial Banking 30,764 2,839 (6,047 ) 539 33,433 Total originated loans 48,429 7,286 (12,663 ) 2,055 51,751 Acquired loans Personal Banking: Residential mortgage loans 104 8 (15 ) 28 83 Home equity loans 344 28 (182 ) 150 348 Other consumer loans 511 68 (70 ) 94 419 Total Personal Banking 959 104 (267 ) 272 850 Commercial Banking: Commercial real estate loans 2,571 278 (255 ) 552 1,996 Commercial loans 1,148 3,466 (3,026 ) 91 617 Total Commercial Banking 3,719 3,744 (3,281 ) 643 2,613 Total acquired loans 4,678 3,848 (3,548 ) 915 3,463 Total $ 53,107 11,134 (16,211 ) 2,970 55,214 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, 2018 (in thousands): Balance as of June 30, 2018 Current period provision Charge-offs Recoveries Balance as of December 31, 2017 Originated loans Personal Banking: Residential mortgage loans $ 3,657 187 (506 ) 152 3,824 Home equity loans 3,839 187 (542 ) 122 4,072 Consumer finance loans 2,354 (32 ) (2,039 ) 457 3,968 Other consumer loans 9,760 5,822 (5,799 ) 1,262 8,475 Total Personal Banking 19,610 6,164 (8,886 ) 1,993 20,339 Commercial Banking: Commercial real estate loans 21,019 1,694 (883 ) 297 19,911 Commercial loans 10,509 1,035 (1,140 ) 292 10,322 Total Commercial Banking 31,528 2,729 (2,023 ) 589 30,233 Total originated loans 51,138 8,893 (10,909 ) 2,582 50,572 Acquired loans Personal Banking: Residential mortgage loans 170 32 (84 ) 91 131 Home equity loans 662 258 (475 ) 117 762 Other consumer loans 915 85 (132 ) 72 890 Total Personal Banking 1,747 375 (691 ) 280 1,783 Commercial Banking: Commercial real estate loans 3,422 (157 ) (107 ) 137 3,549 Commercial loans 1,025 447 (376 ) 63 891 Total Commercial Banking 4,447 290 (483 ) 200 4,440 Total acquired loans 6,194 665 (1,174 ) 480 6,223 Total $ 57,332 9,558 (12,083 ) 3,062 56,795 The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at June 30, 2019 (in thousands): Total loans receivable Allowance for loan losses Nonaccrual loans (1) Loans past due 90 days or more and still accruing (2) TDRs Allowance related to TDRs Additional commitments to customers with loans classified as TDRs Personal Banking: Residential mortgage loans $ 2,899,164 4,013 11,972 — 7,369 776 — Home equity loans 1,314,947 3,334 7,201 55 2,018 459 32 Consumer finance loans 1,449 266 10 — — — — Consumer loans 1,009,975 11,011 3,480 — — — — Total Personal Banking 5,225,535 18,624 22,663 55 9,387 1,235 32 Commercial Banking: Commercial real estate loans 2,808,153 23,533 35,623 — 18,256 1,479 404 Commercial loans 703,194 10,950 9,411 — 3,626 486 25 Total Commercial Banking 3,511,347 34,483 45,034 — 21,882 1,965 429 Total $ 8,736,882 53,107 67,697 55 31,269 3,200 461 (1) Includes $13.4 million of nonaccrual TDRs. (2) Represents loans 90 days or more past maturity and still accruing. The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at December 31, 2018 (in thousands): Total loans receivable Allowance for loan losses Nonaccrual loans (1) Loans past due 90 days or more and still accruing (2) TDRs Allowance related to TDRs Additional commitments to customers with loans classified as TDRs Personal Banking: Residential mortgage loans $ 2,864,470 4,137 15,848 — 5,382 993 — Home equity loans 1,258,422 3,532 7,075 136 4,502 1,520 4 Consumer finance loans 3,817 676 22 3 — — — Consumer loans 855,896 10,823 4,300 27 — — — Total Personal Banking 4,982,605 19,168 27,245 166 9,884 2,513 4 Commercial Banking: Commercial real estate loans 2,471,821 28,375 36,935 — 19,859 313 310 Commercial loans 597,013 7,671 8,101 — 3,865 263 74 Total Commercial Banking 3,068,834 36,046 45,036 — 23,724 576 384 Total $ 8,051,439 55,214 72,281 166 33,608 3,089 388 (1) Includes $15.3 million of nonaccrual TDRs. (2) Represents loans 90 days or more past maturity and still accruing. The following table provides information related to the composition of originated impaired loans by portfolio segment and by class of financing receivable at and for the six months ended June 30, 2019 (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: Residential mortgage loans $ 10,617 1,355 505 6,034 18,511 19,486 472 Home equity loans 5,591 1,610 — 1,683 8,884 8,738 286 Consumer finance loan 10 — — — 10 — — Consumer loans 2,892 588 — — 3,480 3,705 152 Total Personal Banking 19,110 3,553 505 7,717 30,885 31,929 910 Commercial Banking: Commercial real estate loans 21,123 14,500 3,361 4,189 43,173 47,684 1,004 Commercial loans 2,920 6,491 222 2,280 11,913 9,765 241 Total Commercial Banking 24,043 20,991 3,583 6,469 55,086 57,449 1,245 Total $ 43,153 24,544 4,088 14,186 85,971 89,378 2,155 The following table provides information related to the composition of originated impaired loans by portfolio segment and by class of financing receivable at and for the year ended December 31, 2018 (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: Residential mortgage loans $ 12,965 2,883 — 6,660 22,508 20,733 910 Home equity loans 5,996 1,079 — 1,818 8,893 9,075 511 Consumer finance loans 22 — — — 22 24 — Consumer loans 3,228 1,072 — — 4,300 3,992 235 Total Personal Banking 22,211 5,034 — 8,478 35,723 33,824 1,656 Commercial Banking: Commercial real estate loans 25,509 11,426 8,549 4,435 49,919 41,328 1,599 Commercial loans 3,010 5,091 2,453 2,087 12,641 9,186 507 Total Commercial Banking 28,519 16,517 11,002 6,522 62,560 50,514 2,106 Total $ 50,730 21,551 11,002 15,000 98,283 84,338 3,762 At June 30, 2019 , we expect to fully collect the carrying value of our purchased credit impaired loans and have determined that we can reasonably estimate their future cash flows including those loans that are 90 days or more delinquent. As a result, we do not consider our purchased credit impaired loans that are 90 days or more delinquent to be nonaccrual or impaired and continue to recognize interest income on these loans, including the loans’ accretable discount. The following table provides information related to the evaluation of impaired loans by portfolio segment and by class of financing receivable at June 30, 2019 (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: Residential mortgage loans $ 2,891,404 7,760 7,760 777 — Home equity loans 1,312,929 2,018 2,018 459 — Consumer finance loans 1,449 — — — — Consumer loans 1,009,956 19 19 5 — Total Personal Banking 5,215,738 9,797 9,797 1,241 — Commercial Banking: Commercial real estate loans 2,778,298 29,855 26,741 2,921 3,114 Commercial loans 693,086 10,108 8,901 1,636 1,207 Total Commercial Banking 3,471,384 39,963 35,642 4,557 4,321 Total $ 8,687,122 49,760 45,439 5,798 4,321 The following table provides information related to the evaluation of impaired loans by portfolio segment and by class of financing receivable at December 31, 2018 (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: Residential mortgage loans $ 2,856,359 8,111 8,111 747 — Home equity loans 1,256,255 2,167 2,167 523 — Consumer finance loans 3,817 — — — — Consumer loans 855,867 29 29 6 — Total Personal Banking 4,972,298 10,307 10,307 1,276 — Commercial Banking: Commercial real estate loans 2,436,605 35,216 31,830 6,499 3,386 Commercial loans 588,932 8,081 6,738 767 1,343 Total Commercial Banking 3,025,537 43,297 38,568 7,266 4,729 Total $ 7,997,835 53,604 48,875 8,542 4,729 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 period of at least nine 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 premiums or discounts), 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 in accordance with 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 tables provide a roll forward of troubled debt restructurings for the periods indicated (in thousands): For the quarter ended June 30, 2019 2018 Number of contracts Amount Number of contracts Amount Beginning TDR balance: 195 $ 32,812 200 $ 30,966 New TDRs 2 306 10 861 Re-modified TDRs — — — — Net paydowns — — — (875 ) Charge-offs: Residential mortgage loans — — — — Home equity loans — — — — Commercial real estate loans — — — — Commercial loans — — — — Paid-off loans: Residential mortgage loans 4 (180 ) 1 (6 ) Home equity loans 4 (75 ) 1 (35 ) Commercial real estate loans 6 (1,594 ) 3 (249 ) Commercial loans — — — — Ending TDR balance: 183 $ 31,269 205 $ 30,662 Accruing TDRs $ 17,894 $ 19,802 Non-accrual TDRs 13,375 10,860 For the six months ended June 30, 2019 2018 Number of contracts Amount Number of contracts Amount Beginning TDR balance: 195 $ 33,608 205 $ 32,104 New TDRs 2 306 19 5,796 Re-modified TDRs — — — — Net paydowns — (786 ) — (1,822 ) Charge-offs: Residential mortgage loans — — 1 (135 ) Home equity loans — — — — Commercial real estate loans — — 1 (203 ) Commercial loans — — 1 (721 ) Paid-off loans: Residential mortgage loans 4 (180 ) 2 (255 ) Home equity loans 4 (75 ) 2 (47 ) Commercial real estate loans 6 (1,604 ) 7 (1,823 ) Commercial loans — — 5 (2,232 ) Ending TDR balance: 183 $ 31,269 205 $ 30,662 Accruing TDRs $ 17,894 $ 19,802 Non-accrual TDRs 13,375 10,860 The following tables provide information related to troubled debt restructurings (including re-modified TDRs) by portfolio segment and by class of financing receivable during the periods indicated (in thousands): For the quarter ended June 30, 2019 For the six months ended June 30, 2019 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 Personal Banking: Residential mortgage loans — $ — — — — $ — — — Home equity loans — — — — — — — — Consumer loans — — — — — — — — Total Personal Banking — — — — — — — — Commercial Banking: Commercial real estate loans 1 300 297 32 1 300 297 32 Commercial loans 1 10 9 1 1 10 9 1 Total Commercial Banking 2 310 306 33 2 310 306 33 Total 2 $ 310 306 33 2 $ 310 306 33 No TDRs modified within the previous twelve months have subsequently defaulted. For the quarter ended June 30, 2018 For the six months ended June 30, 2018 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 Personal Banking: Residential mortgage loans 2 $ 60 59 6 4 $ 273 272 27 Home equity loans 5 177 137 37 8 317 275 74 Total Personal Banking 7 237 196 43 12 590 547 101 Commercial Banking: Commercial real estate loans 1 481 481 33 2 2,883 2,852 33 Commercial loans 2 143 142 10 5 2,323 1,508 10 Total Commercial Banking 3 624 623 43 7 5,206 4,360 43 Total 10 $ 861 819 86 19 $ 5,796 4,907 144 During the quarter and six months ended June 30, 2018 , no TDRs modified within the previous twelve months of June 30, 2018, subsequently defaulted. The following table provides information as of June 30, 2019 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, 2019 (in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residential mortgage loans — $ — — — — — Home equity loans — — — — — — Consumer loans — — — — — — Total Personal Banking — — — — — — Commercial Banking: Commercial real estate loans 1 — 297 — — 297 Commercial loans 1 — — 9 — 9 Total Commercial Banking 2 — 297 9 — 306 Total 2 $ — 297 9 — 306 The following table provides information as of June 30, 2018 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, 2018 (in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residential mortgage loans 2 $ 7 — — 52 59 Home equity loans 5 — — 51 86 137 Total Personal Banking 7 7 — 51 138 196 Commercial Banking: Commercial real estate loans 1 — 481 — — 481 Commercial loans 2 — — 142 — 142 Total Commercial Banking 3 — 481 142 — 623 Total 10 $ 7 481 193 138 819 The following table provides information as of June 30, 2019 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, 2019 (in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residential mortgage loans — $ — — — — — Home equity loans — — — — — — Consumer loans — — — — — — Total Personal Banking — — — — — — Commercial Banking: Commercial real estate loans 1 — 297 — — 297 Commercial loans 1 — — 9 — 9 Total Commercial Banking 2 — 297 9 — 306 Total 2 $ — 297 9 — 306 The following table provides information as of June 30, 2018 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, 2018 (in thousands): Type of modification Number of contracts Rate Payment Maturity date Other Total Personal Banking: Residential mortgage loans 4 $ 7 — 178 87 272 Home equity loans 8 29 — 51 195 275 Consumer loans — — — — — — Total Personal Banking 12 36 — 229 282 547 Commercial Banking: Commercial real estate loans 2 — 481 — 2,371 2,852 Commercial loans 5 — — 142 1,366 1,508 Total Commercial Banking 7 — 481 142 3,737 4,360 Total 19 $ 36 481 371 4,019 4,907 No TDRs were re-modified during the quarters ended June 30, 2018 and June 30, 2019 . The following table provides information related to loan payment delinquencies at June 30, 2019 (in thousands): 30-59 Days delinquent 60-89 Days delinquent 90 Days or greater delinquent Total delinquency Current Total loans receivable 90 Days or greater delinquent and accruing (1) Originated loans Personal Banking: Residential mortgage loans $ 1,562 5,806 9,226 16,594 2,790,198 2,806,792 — Home equity loans 3,327 1,942 4,463 9,732 1,031,570 1,041,302 — Consumer finance loans 130 44 10 184 1,265 1,449 — Consumer loans 7,275 2,702 2,683 12,660 951,489 964,149 — Total Personal Banking 12,294 10,494 16,382 39,170 4,774,522 4,813,692 — Commercial Banking: Commercial real estate loans 2,286 2,551 15,256 20,093 2,316,323 2,336,416 — Commercial loans 559 1,717 2,288 4,564 635,322 639,886 — Total Commercial Banking 2,845 4,268 17,544 24,657 2,951,645 2,976,302 — Total originated loans 15,139 14,762 33,926 63,827 7,726,167 7,789,994 — Acquired loans Personal Banking: Residential mortgage loans 67 458 1,574 2,099 90,273 92,372 183 Home equity loans 1,246 377 1,128 2,751 270,894 273,645 — Consumer loans 225 151 215 591 45,235 45,826 6 Total Personal Banking 1,538 986 2,917 5,441 406,402 411,843 189 Commercial Banking: Commercial real estate loans 132 66 5,867 6,065 465,672 471,737 — Commercial loans 107 8 632 747 62,561 63,308 — Total Commercial Banking 239 74 6,499 6,812 528,233 535,045 — Total acquired loans 1,777 1,060 9,416 12,253 934,635 946,888 189 Total loans $ 16,916 15,822 43,342 76,080 8,660,802 8,736,882 189 (1) Represents acquired loans that were originally recorded at fair value upon acquisition. These loans are considered to be accruing because we can reasonably estimate future cash flows on and expect to fully collect the carrying value of these loans. Therefore, we are accreting the difference between the carrying value and their expected cash flows into interest income. The following table provides information related to loan payment delinquencies at December 31, 2018 (in thousands): 30-59 Days delinquent 60-89 Days delinquent 90 Days or greater delinquent Total delinquency Current Total loans receivable 90 Days or Originated loans Personal Banking: Residential mortgage loans $ 27,245 5,732 11,668 44,645 2,714,474 2,759,119 — Home equity loans 6,810 1,771 4,825 13,406 1,030,472 1,043,878 — Consumer finance loans 661 172 21 854 2,963 3,817 — Consumer loans 9,000 2,867 3,037 14,904 793,092 807,996 — Total Personal Banking 43,716 10,542 19,551 73,809 4,541,001 4,614,810 — Commercial Banking: Commercial real estate loans 5,391 4,801 21,721 31,913 2,217,105 2,249,018 — Commercial loans 609 560 2,714 3,883 545,474 549,357 — Total Commercial Banking 6,000 5,361 24,435 35,796 2,762,579 2,798,375 — Total originated loan 49,716 15,903 43,986 109,605 7,303,580 7,413,185 — Acquired loans Personal Banking: Residential mortgage loans 532 693 1,317 2,542 91,240 93,782 19 Home equity loans 1,839 294 1,212 3,345 211,199 214,544 40 Consumer loans 447 175 196 818 58,651 59,469 6 Total Personal Banking 2,818 1,162 2,725 6,705 361,090 367,795 65 Commercial Banking: Commercial real estate loans 112 586 3,866 4,564 218,239 222,803 78 Commercial loans 364 — 296 660 46,996 47,656 — Total Commercial Banking 476 586 4,162 5,224 265,235 270,459 78 Total acquired loan 3,294 1,748 6,887 11,929 626,325 638,254 143 Total $ 53,010 17,651 50,873 121,534 7,929,905 8,051,439 143 (1) Represents acquired loans that were originally recorded at fair value upon acquisition. These loans are considered to be accruing because we can reasonably estimate future cash flows and expect to fully collect the carrying value of these loans. Therefore, we are accreting the difference between the carrying value and their expected cash flows into interest income. 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 updated during the six months ended June 30, 2019 (in thousands): Pass Special mention Substandard Doubtful Loss Total loans receivable Originated loans Personal Banking: Residential mortgage loans $ 2,799,431 — 7,361 — — 2,806,792 Home equity loans 1,035,922 — 5,380 — — 1,041,302 Consumer finance loans 1,449 — — — — 1,449 Consumer loans 960,968 — 3,181 — — 964,149 Total Personal Banking 4,797,770 — 15,922 — — 4,813,692 Commercial Banking: Commercial real estate loans 2,152,525 80,607 103,103 181 — 2,336,416 Commercial loans 567,069 35,914 35,921 982 — 639,886 Total Commercial Banking 2,719,594 116,521 139,024 1,163 — 2,976,302 Total originated loans 7,517,364 116,521 154,946 1,163 — 7,789,994 Acquired loans Personal Banking: Residential mortgage loans 91,041 — 1,331 — — 92,372 Home equity loans 271,965 — 1,680 — — 273,645 Consumer loans 45,396 — 430 — — 45,826 Total Personal Banking 408,402 — 3,441 — — 411,843 Commercial Banking: Commercial real estate loans 433,487 5,828 32,422 — — 471,737 Commercial loans 54,821 2,267 6,220 — — 63,308 Total Commercial Banking 488,308 8,095 38,642 — — 535,045 Total acquired loans 896,710 8,095 42,083 — — 946,888 Total loans $ 8,414,074 124,616 197,029 1,163 — 8,736,882 The following table sets forth information about credit quality indicators, which were updated during the year ended December 31, 2018 (in thousands): Pass Special mention Substandard Doubtful Loss Total loans receivable Originated loans Personal Banking: Residential mortgage loans $ 2,749,266 — 9,853 — — 2,759,119 Home equity loans 1,038,245 — 5,633 — — 1,043,878 Consumer finance loans 3,817 — — — — 3,817 Consumer loans 804,075 — 3,921 — — 807,996 Total Personal Banking 4,595,403 — 19,407 — — 4,614,810 Commercial Banking: Commercial real estate loans 2,062,728 91,142 95,148 — — 2,249,018 Commercial loans 503,665 15 |