Loans and Allowance for Credit Losses | Loans and Allowance for Credit Losses Loans, Net of Unearned Income Loans, net of unearned income are summarized as follows: September 30, December 31, 2017 (in thousands) Real-estate - commercial mortgage $ 6,337,984 $ 6,364,804 Commercial - industrial, financial and agricultural 4,288,823 4,300,297 Real-estate - residential mortgage 2,173,548 1,954,711 Real-estate - home equity 1,469,152 1,559,719 Real-estate - construction 979,857 1,006,935 Consumer 390,708 313,783 Leasing and other 312,207 291,556 Overdrafts 2,047 4,113 Loans, gross of unearned income 15,954,326 15,795,918 Unearned income (29,233 ) (27,671 ) Loans, net of unearned income $ 15,925,093 $ 15,768,247 The Corporation segments its loan portfolio by general loan type, or "portfolio segments," as presented in the table under the heading, "Loans, Net of Unearned Income," above. Certain portfolio segments are further disaggregated and evaluated collectively for impairment based on "class segments," which are largely based on the type of collateral underlying each loan. Commercial loans include both secured and unsecured loans. Construction loan class segments include loans secured by commercial real estate, loans to commercial borrowers secured by residential real estate and loans to individuals secured by residential real estate. Consumer loan class segments include direct consumer installment loans and indirect vehicle loans. Allowance for Credit Losses The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of incurred losses in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The reserve for unfunded lending commitments represents management’s estimate of incurred losses in its unfunded loan commitments and letters of credit and is recorded in other liabilities on the consolidated balance sheets. The allowance for credit losses is increased by charges to expense, through the provision for credit losses, and decreased by charge-offs, net of recoveries. The Corporation’s allowance for credit losses includes: (1) specific allowances allocated to loans individually evaluated for impairment (FASB ASC Section 310-10-35); and (2) allowances calculated for pools of loans collectively evaluated for impairment (FASB ASC Subtopic 450-20). The following table presents the components of the allowance for credit losses: September 30, December 31, (in thousands) Allowance for loan losses $ 157,810 $ 169,910 Reserve for unfunded lending commitments 10,016 6,174 Allowance for credit losses $ 167,826 $ 176,084 The following table presents the activity in the allowance for credit losses: Three months ended September 30 Nine months ended September 30 2018 2017 2018 2017 (in thousands) Balance at beginning of period $ 169,247 $ 174,998 $ 176,084 $ 171,325 Loans charged off (6,883 ) (7,795 ) (55,440 ) (25,917 ) Recoveries of loans previously charged off 3,842 2,471 8,475 12,766 Net loans charged off (3,041 ) (5,324 ) (46,965 ) (13,151 ) Provision for credit losses 1,620 5,075 38,707 16,575 Balance at end of period $ 167,826 $ 174,749 $ 167,826 $ 174,749 Included in the provision for credit losses for the nine months ended September 30, 2018 was a $36.8 million provision related to a single, large commercial lending relationship (" Commercial Relationship "). In addition, loans charged off for the same period included a $33.9 million charge-off related to the Commercial Relationship . The Corporation had historically maintained an unallocated allowance for credit losses for factors and conditions that existed at the balance sheet date, but were not specifically identifiable, and to recognize the inherent imprecision in estimating and measuring loss exposure. In the second quarter of 2017, enhancements were made to allow for the impact of these factors and conditions to be quantified in the allowance allocation process. Accordingly, an unallocated allowance for credit losses is no longer necessary. The following table presents the activity in the allowance for loan losses by portfolio segment: Real Estate - Commercial Mortgage Commercial - Industrial, Financial and Agricultural Real Estate - Home Equity Real Estate - Residential Mortgage Real Estate - Construction Consumer Leasing, other and overdrafts Unallocated Total (in thousands) Three months ended September 30, 2018 Balance at June 30, 2018 $ 56,583 $ 59,045 $ 16,247 $ 14,504 $ 5,988 $ 1,699 $ 1,984 $ — $ 156,050 Loans charged off (650 ) (3,541 ) (743 ) (483 ) (212 ) (672 ) (582 ) — (6,883 ) Recoveries of loans previously charged off 928 731 217 317 664 390 595 — 3,842 Net loans charged off 278 (2,810 ) (526 ) (166 ) 452 (282 ) 13 — (3,041 ) Provision for loan losses (1) (2,750 ) (301 ) 2,890 3,774 (961 ) 1,429 720 — 4,801 Balance at September 30, 2018 $ 54,111 $ 55,934 $ 18,611 $ 18,112 $ 5,479 $ 2,846 $ 2,717 $ — $ 157,810 Three months ended September 30, 2017 Balance at June 30, 2017 $ 57,372 $ 67,642 $ 17,456 $ 16,439 $ 9,534 $ 1,794 $ 2,105 $ — $ 172,342 Loans charged off (483 ) (2,714 ) (547 ) (195 ) (2,744 ) (373 ) (739 ) — (7,795 ) Recoveries of loans previously charged off 106 665 252 219 629 193 407 — 2,471 Net loans charged off (377 ) (2,049 ) (295 ) 24 (2,115 ) (180 ) (332 ) — (5,324 ) Provision for loan losses (1) (2,008 ) 5,392 1,297 220 (283 ) 383 226 — 5,227 Balance at September 30, 2017 $ 54,987 $ 70,985 $ 18,458 $ 16,683 $ 7,136 $ 1,997 $ 1,999 $ — $ 172,245 Nine months ended September 30, 2018 Balance at December 31, 2017 $ 58,793 $ 66,280 $ 18,127 $ 16,088 $ 6,620 $ 2,045 $ 1,957 $ — $ 169,910 Loans charged off (1,283 ) (46,178 ) (1,967 ) (1,128 ) (976 ) (2,276 ) (1,632 ) — (55,440 ) Recoveries of loans previously charged off 1,528 2,347 694 520 1,414 1,015 957 — 8,475 Net loans charged off 245 (43,831 ) (1,273 ) (608 ) 438 (1,261 ) (675 ) — (46,965 ) Provision for loan losses (1) (4,927 ) 33,485 1,757 2,632 (1,579 ) 2,062 1,435 — 34,865 Balance at September 30, 2018 $ 54,111 $ 55,934 $ 18,611 $ 18,112 $ 5,479 $ 2,846 $ 2,717 $ — $ 157,810 Nine months ended September 30, 2017 Balance at December 31, 2016 $ 46,842 $ 54,353 $ 26,801 $ 22,929 $ 6,455 $ 3,574 $ 3,192 $ 4,533 $ 168,679 Loans charged off (1,949 ) (13,594 ) (1,837 ) (535 ) (3,765 ) (1,659 ) (2,578 ) — (25,917 ) Recoveries of loans previously charged off 1,490 6,830 604 600 1,550 899 793 — 12,766 Net loans charged off (459 ) (6,764 ) (1,233 ) 65 (2,215 ) (760 ) (1,785 ) — (13,151 ) Provision for loan losses (1) 8,604 23,396 (7,110 ) (6,311 ) 2,896 (817 ) 592 (4,533 ) 16,717 Balance at September 30, 2017 $ 54,987 $ 70,985 $ 18,458 $ 16,683 $ 7,136 $ 1,997 $ 1,999 $ — $ 172,245 (1) The provision for loan losses excluded a $3.2 million decrease and a $3.8 million increase in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2018 , respectively, and a $152,000 and a $142,000 increase in the reserve for unfunded lending commitments for the three and nine months ended September 30, 2017, respectively. These amounts were reclassified to other liabilities on the consolidated balance sheets. The following table presents loans, net of unearned income and their related allowance for loan losses, by portfolio segment: Real Estate - Commercial Mortgage Commercial - Industrial, Financial and Agricultural Real Estate - Home Equity Real Estate - Residential Mortgage Real Estate - Construction Consumer Leasing, other and overdrafts Total (in thousands) Allowance for loan losses at September 30, 2018: Loans collectively evaluated for impairment $ 46,812 $ 47,028 $ 7,856 $ 8,369 $ 4,718 $ 2,841 $ 2,717 $ 120,341 Loans individually evaluated for impairment 7,299 8,906 10,755 9,743 761 5 — 37,469 $ 54,111 $ 55,934 $ 18,611 $ 18,112 $ 5,479 $ 2,846 $ 2,717 $ 157,810 Loans, net of unearned income at September 30, 2018: Loans collectively evaluated for impairment $ 6,290,143 $ 4,235,953 $ 1,444,898 $ 2,133,718 $ 971,167 $ 390,700 $ 285,021 $ 15,751,600 Loans individually evaluated for impairment 47,841 52,870 24,254 39,830 8,690 8 — 173,493 $ 6,337,984 $ 4,288,823 $ 1,469,152 $ 2,173,548 $ 979,857 $ 390,708 $ 285,021 $ 15,925,093 Allowance for loan losses at September 30, 2017: Loans collectively evaluated for impairment $ 47,261 $ 55,486 $ 7,632 $ 6,488 $ 5,702 $ 1,976 $ 1,999 $ 126,544 Loans individually evaluated for impairment 7,726 15,499 10,826 10,195 1,434 21 — 45,701 $ 54,987 $ 70,985 $ 18,458 $ 16,683 $ 7,136 $ 1,997 $ 1,999 $ 172,245 Loans, net of unearned income at September 30, 2017: Loans collectively evaluated for impairment $ 6,228,935 $ 4,162,857 $ 1,543,551 $ 1,845,329 $ 959,584 $ 302,415 $ 257,748 $ 15,300,419 Loans individually evaluated for impairment 46,205 60,218 23,922 42,578 13,524 33 — 186,480 $ 6,275,140 $ 4,223,075 $ 1,567,473 $ 1,887,907 $ 973,108 $ 302,448 $ 257,748 $ 15,486,899 Impaired Loans A loan is considered to be impaired if it is probable that all amounts will not be collected according to the contractual terms of the loan agreement. Impaired loans consist of all loans on non-accrual status and accruing troubled debt restructurings ("TDRs"). An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. Impaired loans to borrowers with total commitments greater than or equal to $1.0 million are evaluated individually for impairment. Impaired loans to borrowers with total commitments less than $1.0 million are pooled and measured for impairment collectively. All loans individually evaluated for impairment are measured for losses on a quarterly basis. As of September 30, 2018 and December 31, 2017 , substantially all of the Corporation’s individually evaluated impaired loans with total commitments greater than or equal to $1.0 million were measured based on the estimated fair value of each loan’s collateral. Collateral could be in the form of real estate, in the case of impaired commercial mortgages and construction loans, or business assets, such as accounts receivable or inventory, in the case of commercial and industrial loans. Commercial and industrial loans may also be secured by real estate. As of September 30, 2018 and December 31, 2017 , approximately 93% and 94% , respectively, of impaired loans with principal balances greater than or equal to $1.0 million , whose primary collateral is real estate, were measured at estimated fair value of the collateral using appraisals that had been updated in the preceding 12 months, performed by state certified third-party appraisers. When updated appraisals are not obtained for loans evaluated for impairment that are secured by real estate, fair values are estimated based on the original appraisal values, as long as the original appraisal indicated an acceptable loan-to-value position and, in the opinion of the Corporation's internal credit administration staff, there has not been a significant deterioration in the collateral value since the original appraisal was performed. Original appraisals are typically used only when the estimated collateral value, as adjusted for the age of the appraisal, results in a current loan-to-value ratio that is lower than the Corporation's loan-to-value requirements for new loans (generally less than 70% ). The following table presents total impaired loans by class segment: September 30, 2018 December 31, 2017 Unpaid Principal Balance Recorded Investment Related Allowance Unpaid Principal Balance Recorded Investment Related Allowance (in thousands) With no related allowance recorded: Real estate - commercial mortgage $ 27,298 $ 25,665 $ — $ 26,728 $ 22,886 $ — Commercial 64,150 33,552 — 44,936 39,550 — Real estate - residential mortgage 3,171 3,170 — 4,575 4,575 — Construction 10,146 6,476 — 12,477 8,100 — 104,765 68,863 — 88,716 75,111 — With a related allowance recorded: Real estate - commercial mortgage 28,584 22,176 7,299 33,710 25,895 8,112 Commercial 24,530 19,318 8,906 29,816 24,175 11,406 Real estate - home equity 27,731 24,254 10,755 28,282 24,693 11,124 Real estate - residential mortgage 41,772 36,660 9,743 42,597 37,132 9,895 Construction 5,874 2,214 761 7,308 4,097 967 Consumer 8 8 5 26 26 17 128,499 104,630 37,469 141,739 116,018 41,521 Total $ 233,264 $ 173,493 $ 37,469 $ 230,455 $ 191,129 $ 41,521 As of September 30, 2018 and December 31, 2017 , there were $68.9 million and $75.1 million , respectively, of impaired loans that did not have a related allowance for loan loss. The estimated fair values of the collateral securing these loans exceeded their carrying amount, or the loans were previously charged down to realizable collateral values. Accordingly, no specific valuation allowance was considered to be necessary. The following table presents average impaired loans by class segment: Three months ended September 30 Nine months ended September 30 2018 2017 2018 2017 Average Interest Average Interest Average Interest Average Interest (in thousands) With no related allowance recorded: Real estate - commercial mortgage $ 26,051 $ 94 $ 21,698 $ 72 $ 25,702 $ 274 $ 22,770 $ 213 Commercial 30,157 66 33,044 46 35,098 208 29,309 128 Real estate - residential mortgage 3,182 20 4,616 27 3,872 71 4,645 79 Construction 6,845 — 9,042 5 7,408 — 7,043 11 66,235 180 68,400 150 72,080 553 63,767 431 With a related allowance recorded: Real estate - commercial mortgage 23,734 85 25,910 86 24,727 260 27,518 259 Commercial 23,687 51 25,152 34 23,934 149 24,097 97 Real estate - home equity 24,628 202 22,837 150 24,690 581 20,957 362 Real estate - residential mortgage 36,396 227 38,329 225 36,578 671 39,584 680 Construction 2,061 — 6,251 4 2,778 — 6,677 11 Consumer 10 — 34 — 18 — 36 — Leasing, other and overdrafts — — — — — — 356 — 110,516 565 118,513 499 112,725 1,661 119,225 1,409 Total $ 176,751 $ 745 $ 186,913 $ 649 $ 184,805 $ 2,214 $ 182,992 $ 1,840 (1) All impaired loans, excluding accruing TDRs, were non-accrual loans. Interest income recognized for the three and nine months ended September 30, 2018 and 2017 represents amounts earned on accruing TDRs. Credit Quality Indicators and Non-performing Assets The following is a summary of the Corporation's internal risk rating categories: • Pass : These loans do not currently pose undue credit risk and can range from the highest to average quality, depending on the degree of potential risk. • Special Mention : These loans constitute an undue and unwarranted credit risk, but not to a point of justifying a classification of substandard. Loans in this category are currently acceptable, but are nevertheless potentially weak. • Substandard or Lower : These loans are inadequately protected by current sound worth and paying capacity of the borrower. There exists a well-defined weakness or weaknesses that jeopardize the normal repayment of the debt. The risk rating process allows management to identify credits that potentially carry more risk in a timely manner and to allocate resources to managing troubled accounts. The Corporation believes that internal risk ratings are the most relevant credit quality indicator for the class segments presented in the preceding tables. The migration of loans through the various internal risk rating categories is a significant component of the allowance for credit loss methodology, which bases the probability of default on this migration. Assigning risk ratings involves judgment. The Corporation's loan review officers provide an independent assessment of risk rating accuracy. Ratings may be changed based on the ongoing monitoring procedures performed by loan officers or credit administration staff, or if specific loan review activities identify a deterioration or an improvement in the loan. The following table presents internal credit risk ratings for the indicated loan class segments: Pass Special Mention Substandard or Lower Total September 30, 2018 December 31, 2017 September 30, 2018 December 31, 2017 September 30, 2018 December 31, 2017 September 30, 2018 December 31, 2017 (dollars in thousands) Real estate - commercial mortgage $ 6,032,828 $ 6,066,396 $ 170,362 $ 147,604 $ 134,794 $ 150,804 $ 6,337,984 $ 6,364,804 Commercial - secured 3,839,283 3,831,485 150,310 121,842 138,604 179,113 4,128,197 4,132,440 Commercial - unsecured 152,796 159,620 3,898 5,478 3,932 2,759 160,626 167,857 Total commercial - industrial, financial and agricultural 3,992,079 3,991,105 154,208 127,320 142,536 181,872 4,288,823 4,300,297 Construction - commercial residential 120,249 143,759 7,677 5,259 8,379 14,084 136,305 163,102 Construction - commercial 756,477 761,218 552 846 3,616 3,752 760,645 765,816 Total construction (excluding Construction - other) 876,726 904,977 8,229 6,105 11,995 17,836 896,950 928,918 $ 10,901,633 $ 10,962,478 $ 332,799 $ 281,029 $ 289,325 $ 350,512 $ 11,523,757 $ 11,594,019 % of Total 94.6 % 94.6 % 2.9 % 2.4 % 2.5 % 3.0 % 100.0 % 100.0 % The Corporation does not assign internal risk ratings to smaller balance, homogeneous loans, such as home equity, residential mortgage, construction loans to individuals secured by residential real estate, consumer and lease receivables. For these loans, the most relevant credit quality indicator is delinquency status. The migration of loans through the various delinquency status categories is a significant component of the allowance for credit losses methodology for those loans, which bases the probability of default on this migration. The following table presents a summary of performing, delinquent and non-performing loans for the indicated loan class segments: Performing Delinquent (1) Non-performing (2) Total September 30, 2018 December 31, 2017 September 30, 2018 December 31, 2017 September 30, 2018 December 31, 2017 September 30, 2018 December 31, 2017 (dollars in thousands) Real estate - home equity $ 1,447,184 $ 1,535,557 $ 11,886 $ 12,655 $ 10,082 $ 11,507 $ 1,469,152 $ 1,559,719 Real estate - residential mortgage 2,131,239 1,914,888 23,233 18,852 19,076 20,971 2,173,548 1,954,711 Construction - other 82,417 77,403 — 203 490 411 82,907 78,017 Consumer - direct 58,259 54,828 311 315 60 70 58,630 55,213 Consumer - indirect 328,423 254,663 3,435 3,681 220 226 332,078 258,570 Total consumer 386,682 309,491 3,746 3,996 280 296 390,708 313,783 Leasing, other and overdrafts 282,812 267,111 2,119 855 90 32 285,021 267,998 $ 4,330,334 $ 4,104,450 $ 40,984 $ 36,561 $ 30,018 $ 33,217 $ 4,401,336 $ 4,174,228 % of Total 98.4 % 98.3 % 0.9 % 0.9 % 0.7 % 0.8 % 100.0 % 100.0 % (1) Includes all accruing loans 30 days to 89 days past due. (2) Includes all accruing loans 90 days or more past due and all non-accrual loans. The following table presents non-performing assets: September 30, December 31, (in thousands) Non-accrual loans $ 106,433 $ 124,749 Loans 90 days or more past due and still accruing 13,663 10,010 Total non-performing loans 120,096 134,759 Other real estate owned (OREO) 10,684 9,823 Total non-performing assets $ 130,780 $ 144,582 The following tables present past due status and non-accrual loans by portfolio segment and class segment: September 30, 2018 30-59 Days Past Due 60-89 Days Past Due ≥ 90 Days Past Due and Accruing Non- accrual Total ≥ 90 Days Total Past Due Current Total (in thousands) Real estate - commercial mortgage $ 12,129 $ 1,599 $ 5,242 $ 32,151 $ 37,393 $ 51,121 $ 6,286,863 $ 6,337,984 Commercial - secured 6,705 1,218 835 41,327 42,162 50,085 4,078,112 4,128,197 Commercial - unsecured 357 437 29 1,200 1,229 2,023 158,603 160,626 Total commercial - industrial, financial and agricultural 7,062 1,655 864 42,527 43,391 52,108 4,236,715 4,288,823 Real estate - home equity 9,383 2,503 2,037 8,045 10,082 21,968 1,447,184 1,469,152 Real estate - residential mortgage 17,731 5,502 4,056 15,020 19,076 42,309 2,131,239 2,173,548 Construction - commercial residential 157 225 896 8,379 9,275 9,657 126,648 136,305 Construction - commercial — — — 19 19 19 760,626 760,645 Construction - other — — 198 292 490 490 82,417 82,907 Total real estate - construction 157 225 1,094 8,690 9,784 10,166 969,691 979,857 Consumer - direct 225 86 60 — 60 371 58,259 58,630 Consumer - indirect 2,903 532 220 — 220 3,655 328,423 332,078 Total consumer 3,128 618 280 — 280 4,026 386,682 390,708 Leasing, other and overdrafts 1,739 380 90 — 90 2,209 282,812 285,021 Total $ 51,329 $ 12,482 $ 13,663 $ 106,433 $ 120,096 $ 183,907 $ 15,741,186 $ 15,925,093 December 31, 2017 30-59 Days Past Due 60-89 Days Past Due ≥ 90 Days Past Due and Accruing Non- accrual Total ≥ 90 Days Total Past Due Current Total (in thousands) Real estate - commercial mortgage $ 9,456 $ 4,223 $ 625 $ 34,822 $ 35,447 $ 49,126 $ 6,315,678 $ 6,364,804 Commercial - secured 4,778 5,254 1,360 52,255 53,615 63,647 4,068,793 4,132,440 Commercial - unsecured 305 10 45 649 694 1,009 166,848 167,857 Total commercial - industrial, financial and agricultural 5,083 5,264 1,405 52,904 54,309 64,656 4,235,641 4,300,297 Real estate - home equity 9,640 3,015 2,372 9,135 11,507 24,162 1,535,557 1,559,719 Real estate - residential mortgage 11,961 6,891 5,280 15,691 20,971 39,823 1,914,888 1,954,711 Construction - commercial residential — 439 — 11,767 11,767 12,206 150,896 163,102 Construction - commercial 483 — — 19 19 502 765,314 765,816 Construction - other 203 — — 411 411 614 77,403 78,017 Total real estate - construction 686 439 — 12,197 12,197 13,322 993,613 1,006,935 Consumer - direct 260 55 70 — 70 385 54,828 55,213 Consumer - indirect 3,055 626 226 — 226 3,907 254,663 258,570 Total consumer 3,315 681 296 — 296 4,292 309,491 313,783 Leasing, other and overdrafts 568 287 32 — 32 887 267,111 267,998 Total $ 40,709 $ 20,800 $ 10,010 $ 124,749 $ 134,759 $ 196,268 $ 15,571,979 $ 15,768,247 The following table presents TDRs, by class segment: September 30, December 31, (in thousands) Real-estate - residential mortgage $ 24,810 $ 26,016 Real-estate - commercial mortgage 15,690 13,959 Real estate - home equity 16,208 15,558 Commercial 10,342 10,820 Consumer 8 26 Total accruing TDRs 67,058 66,379 Non-accrual TDRs (1) 23,238 29,051 Total TDRs $ 90,296 $ 95,430 (1) Included in non-accrual loans in the preceding table detailing non-performing assets. The following table presents TDRs, by class segment and type of concession for loans that were modified during the three and nine months ended September 30, 2018 and 2017 : Three months ended September 30 Nine months ended September 30 2018 2017 2018 2017 Number of Loans Post-Modification Recorded Investment Number of Loans Post-Modification Recorded Investment Number of Loans Post-Modification Recorded Investment Number of Loans Post-Modification Recorded Investment (dollars in thousands) Real estate – residential mortgage: Extend maturity with rate concession 3 $ 330 2 $ 468 3 $ 330 2 $ 468 Extend maturity without rate concession 1 267 2 151 2 344 4 488 Bankruptcy — — — — 1 5 2 335 Real estate - commercial mortgage: Extend maturity without rate concession — — 2 1,247 6 8,261 6 2,228 Bankruptcy — — — — — — 1 12 Real estate - home equity: Extend maturity without rate concession 23 985 14 1,315 63 3,607 47 3,874 Bankruptcy 1 17 6 127 8 438 23 1,643 Commercial: Extend maturity without rate concession 2 913 1 160 7 2,064 9 5,853 Bankruptcy — — — — — — 1 490 Commercial – unsecured: Extend maturity without rate concession — — — — — — 1 33 Construction - commercial residential: Extend maturity without rate concession — — — — — — 1 1,204 Total 30 $ 2,512 27 $ 3,468 90 $ 15,049 97 $ 16,628 The following table presents TDRs, by class segment, as of September 30, 2018 and 2017 that were modified in the previous 12 months and had a post-modification payment default during the nine months ended September 30, 2018 and 2017 . The Corporation defines a payment default as a single missed payment. 2018 2017 Number of Loans Recorded Investment Number of Loans Recorded Investment (dollars in thousands) Real estate - residential mortgage 6 $ 724 5 $ 1,321 Real estate - commercial mortgage 2 452 3 653 Real estate - home equity 25 1,591 27 1,598 Commercial 4 5,042 2 264 Construction — — 2 1,609 Total 37 $ 7,809 39 $ 5,445 |