Loans and Leases | 9 Months Ended |
Sep. 30, 2014 |
Loans and Leases Receivable Disclosure [Abstract] | ' |
Loans and Leases | ' |
NOTE 3. Loans and Leases |
Originated loans and leases is defined to exclude loans purchased in business combinations since September 30, 2011, and purchased loans and leases is defined to include those loans and leases excluded from the definition of originated loans. |
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At June 30, 2014, Susquehanna reclassified approximately $265.0 million of indirect auto loans from held for investment to held for sale. The loans were transferred to held for sale at their amortized cost basis on the date of transfer and were measured at the lower of their amortized cost or fair value until the loans were securitized and sold. |
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In conjunction with transferring the loans to held for sale, Susquehanna reclassified $1,236 from the allowance for loan loss and reflected this as a reduction in the cost basis of the reclassified loans, which is evident in the allowance roll-forward in Note 4. Allowance for Loan and Lease Losses. Additionally, all held for sale loans are included in the consumer category in the loan note tables and were current and accruing at June 30, 2014. |
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On August 14, 2014, Susquehanna sold the reclassified loans for cash proceeds of $256.4 million and a servicing asset of $2.0 million. Susquehanna did not acquire any of the notes or the equity certificates issued by the securitization trust formed for the transaction. |
Loans and Leases, Net of Deferred Costs and Fees | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | September 30, | | December 31, | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | 2014 | | 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | $ | 2,362,201 | | $ | 2,394,847 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | | 817,492 | | | 735,877 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | | 4,172,943 | | | 4,204,430 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | | 4,016,635 | | | 4,068,816 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Consumer | | | 730,687 | | | 953,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Leases | | | 1,325,763 | | | 1,219,116 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total loans and leases | | $ | 13,425,721 | | $ | 13,576,086 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Originated loans and leases | | $ | 11,993,169 | | $ | 11,930,946 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Purchased loans and leases | | | 1,432,552 | | | 1,645,140 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total loans and leases | | $ | 13,425,721 | | $ | 13,576,086 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Nonaccrual loans and leases | | $ | 109,506 | | $ | 100,815 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Loans and leases contractually past due 90 days | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | and still accruing | | | 10,303 | | | 9,757 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Troubled debt restructurings | | | 42,418 | | | 72,133 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Deferred origination costs, net of fees | | | 13,943 | | | 21,216 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| All overdrawn deposit accounts, reclassified | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | as loans and evaluated for collectability | | | 2,483 | | | 2,918 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| A summary of our net investment in direct lease financing is presented below. | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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Net Investment in Direct Financing Leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | September 30, | | December 31, | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | 2014 | | 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Minimum lease payments receivable | | $ | 666,191 | | $ | 667,365 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Estimated guaranteed residual value of leases | | | 742,443 | | | 634,875 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Unearned income under lease contracts | | | -82,871 | | | -83,124 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Total leases | | $ | 1,325,763 | | $ | 1,219,116 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Susquehanna monitors the credit quality of its commercial loan portfolio using internal risk ratings. These risk ratings are consistent with established regulatory guidance. Loans with a Pass rating represent those not considered a problem credit. Special mention loans are those that have a potential weakness deserving management's careful attention. Substandard loans are those where a well-defined weakness has been identified that may put the complete receipt of contractual cash flows at risk. Substandard loans are placed in nonaccrual status when Susquehanna believes it is no longer probable it will collect all contractual cash flows. |
Susquehanna reviews the loan gradings on an annual basis or at any time management becomes aware of the potential for not collecting all contractual cash flows. Significant credits with ratings of special mention or substandard, and associated with a relationship greater than $5.0 million, are reviewed quarterly by management. |
Susquehanna monitors the credit quality of its retail loan portfolio based primarily on delinquency status, which is the primary factor considered in determining whether a retail loan should be classified as nonaccrual. |
| The following tables present Susquehanna's credit quality indicators by internally assigned grading and by payment activity at | | | | | | | | | | | | | | | | | | | | | | | | | |
September 30, 2014 and December 31, 2013. | | | | | | | | | | | | | | | | | | | | | | | | | |
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Credit Quality Indicators, at September 30, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Commercial Credit Exposure | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Credit-risk Profile by Internally Assigned Grade | | | | | | | | | | | | | | | | | | | | | | | | | |
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| | | | | | | | | | Real Estate - | | Total | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Real Estate - | | Secured - | | Commercial | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Commercial | | Construction (1) | | Commercial (2) | | Credit Exposure | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Grade: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Pass (3) | $ | 2,136,043 | | $ | 590,503 | | $ | 3,696,591 | | $ | 6,423,137 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Special mention (4) | | 49,338 | | | 27,060 | | | 155,342 | | | 231,740 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Substandard (5) | | 64,486 | | | 28,867 | | | 172,363 | | | 265,716 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total | $ | 2,249,867 | | $ | 646,430 | | $ | 4,024,296 | | $ | 6,920,593 | | | | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Grade: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Pass (3) | $ | 95,907 | | $ | 21,069 | | $ | 658,615 | | $ | 775,591 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Special mention (4) | | 10,608 | | | 20,394 | | | 63,657 | | | 94,659 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Substandard (5) | | 5,819 | | | 11,024 | | | 101,072 | | | 117,915 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total | $ | 112,334 | | $ | 52,487 | | $ | 823,344 | | $ | 988,165 | | | | | | | | | | | | | | | | | | | | | | | | | |
Total loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Grade: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Pass (3) | $ | 2,231,950 | | $ | 611,572 | | $ | 4,355,206 | | $ | 7,198,728 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Special mention (4) | | 59,946 | | | 47,454 | | | 218,999 | | | 326,399 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Substandard (5) | | 70,305 | | | 39,891 | | | 273,435 | | | 383,631 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total | $ | 2,362,201 | | $ | 698,917 | | $ | 4,847,640 | | $ | 7,908,758 | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Other Credit Exposure | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Credit-risk Profile based on Payment Activity | | | | | | | | | | | | | | | | | | | | | | | | | |
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| | | | Real Estate - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Secured - | | | | | | | | Total Other | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Residential | | Consumer | | Leases | | Credit Exposure | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Performing | $ | 3,003,259 | | $ | 725,254 | | $ | 1,324,733 | | $ | 5,053,246 | | | | | | | | | | | | | | | | | | | | | | | | | |
| Nonperforming (6) | | 18,066 | | | 234 | | | 1,030 | | | 19,330 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | $ | 3,021,325 | | $ | 725,488 | | $ | 1,325,763 | | $ | 5,072,576 | | | | | | | | | | | | | | | | | | | | | | | | | |
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Purchased loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Performing | $ | 429,184 | | $ | 5,194 | | $ | 0 | | $ | 434,378 | | | | | | | | | | | | | | | | | | | | | | | | | |
| Nonperforming (6) | | 10,004 | | | 5 | | | 0 | | | 10,009 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | $ | 439,188 | | $ | 5,199 | | $ | 0 | | $ | 444,387 | | | | | | | | | | | | | | | | | | | | | | | | | |
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Total loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Performing | $ | 3,432,443 | | $ | 730,448 | | $ | 1,324,733 | | $ | 5,487,624 | | | | | | | | | | | | | | | | | | | | | | | | | |
| Nonperforming (6) | | 28,070 | | | 239 | | | 1,030 | | | 29,339 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | $ | 3,460,513 | | $ | 730,687 | | $ | 1,325,763 | | $ | 5,516,963 | | | | | | | | | | | | | | | | | | | | | | | | | |
Credit Quality Indicators, at December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Commercial Credit Exposure | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Credit-risk Profile by Internally Assigned Grade | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | Real Estate - | | Total | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Real Estate - | | Secured - | | Commercial | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Commercial | | Construction (1) | | Commercial (2) | | Credit Exposure | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Grade: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Pass (3) | $ | 2,133,884 | | $ | 478,097 | | $ | 3,658,875 | | $ | 6,270,856 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Special mention (4) | | 75,162 | | | 33,907 | | | 168,464 | | | 277,533 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Substandard (5) | | 60,168 | | | 30,583 | | | 194,799 | | | 285,550 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total | $ | 2,269,214 | | $ | 542,587 | | $ | 4,022,138 | | $ | 6,833,939 | | | | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Grade: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Pass (3) | $ | 108,898 | | $ | 25,070 | | $ | 750,241 | | $ | 884,209 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Special mention (4) | | 4,220 | | | 19,811 | | | 62,208 | | | 86,239 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Substandard (5) | | 12,515 | | | 22,247 | | | 130,408 | | | 165,170 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total | $ | 125,633 | | $ | 67,128 | | $ | 942,857 | | $ | 1,135,618 | | | | | | | | | | | | | | | | | | | | | | | | | |
Total loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Grade: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Pass (3) | $ | 2,242,782 | | $ | 503,167 | | $ | 4,409,116 | | $ | 7,155,065 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Special mention (4) | | 79,382 | | | 53,718 | | | 230,672 | | | 363,772 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Substandard (5) | | 72,683 | | | 52,830 | | | 325,207 | | | 450,720 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total | $ | 2,394,847 | | $ | 609,715 | | $ | 4,964,995 | | $ | 7,969,557 | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Other Credit Exposure | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Credit-risk Profile based on Payment Activity | | | | | | | | | | | | | | | | | | | | | | | | | |
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| | | | Real Estate - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Secured - | | | | | | | | Total Other | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Residential | | Consumer | | Leases | | Credit Exposure | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Performing | $ | 2,914,547 | | $ | 945,379 | | $ | 1,217,629 | | $ | 5,077,555 | | | | | | | | | | | | | | | | | | | | | | | | | |
| Nonperforming (6) | | 16,937 | | | 1,028 | | | 1,487 | | | 19,452 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | $ | 2,931,484 | | $ | 946,407 | | $ | 1,219,116 | | $ | 5,097,007 | | | | | | | | | | | | | | | | | | | | | | | | | |
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Purchased loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Performing | $ | 491,922 | | $ | 6,591 | | $ | 0 | | $ | 498,513 | | | | | | | | | | | | | | | | | | | | | | | | | |
| Nonperforming (6) | | 11,007 | | | 2 | | | 0 | | | 11,009 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | $ | 502,929 | | $ | 6,593 | | $ | 0 | | $ | 509,522 | | | | | | | | | | | | | | | | | | | | | | | | | |
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Total loans and leases | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Performing | $ | 3,406,469 | | $ | 951,970 | | $ | 1,217,629 | | $ | 5,576,068 | | | | | | | | | | | | | | | | | | | | | | | | | |
| Nonperforming (6) | | 27,944 | | | 1,030 | | | 1,487 | | | 30,461 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | $ | 3,434,413 | | $ | 953,000 | | $ | 1,219,116 | | $ | 5,606,529 | | | | | | | | | | | | | | | | | | | | | | | | | |
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-1 | Includes only construction loans granted to commercial customers. Construction loans for individuals are included in Real Estate – Secured – Residential, below. | | | | | | | | | | | | | | | | | | | | | | | | | |
-2 | Includes loans obtained for commercial purposes that are also secured by residential real estate. | | | | | | | | | | | | | | | | | | | | | | | | | |
-3 | Includes loans identified as having acceptable risk, which are loans for which the possibility of loss is considered unlikely. | | | | | | | | | | | | | | | | | | | | | | | | | |
-4 | Includes loans considered potentially weak; however, no loss of principal or interest is anticipated. | | | | | | | | | | | | | | | | | | | | | | | | | |
-5 | Includes loans that are inadequately protected by the current net-worth and paying capacity of the borrower or by the collateral pledged, if any. Loss of principal or interest is considered reasonably possible or likely. | | | | | | | | | | | | | | | | | | | | | | | | | |
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-6 | Includes loans that are on nonaccrual status or past due ninety days or more. | | | | | | | | | | | | | | | | | | | | | | | | | |
| The following tables detail the age analysis of Susquehanna's past due financing receivables as of September 30, 2014 and December 31, 2013. | | | | | | | | | | | | | | | | | | | | | |
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Age Analysis of Past Due Financing Receivables, as of September 30, 2014 | | | | | | | | | | | | | | | | | | | | | |
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| Financing Receivables that are Accruing | | | | | | | | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | | | | | | |
| | 30-59 Days | | 60-89 Days | | 90 Days | | Total | | | | | Financing | | | | | | | | | | | | | | | | | | | | | |
| | Past Due | | Past Due | | and Greater | | Past Due | | Current | | Receivables | | | | | | | | | | | | | | | | | | | | | |
Commercial | $ | 2,157 | | $ | 974 | | $ | 65 | | $ | 3,196 | | $ | 2,335,884 | | $ | 2,339,080 | | | | | | | | | | | | | | | | | | | | | |
Real estate - construction | | 2,600 | | | 87 | | | 0 | | | 2,687 | | | 807,580 | | | 810,267 | | | | | | | | | | | | | | | | | | | | | |
Real estate secured - residential | | 7,866 | | | 4,692 | | | 9,170 | | | 21,728 | | | 4,127,562 | | | 4,149,290 | | | | | | | | | | | | | | | | | | | | | |
Real estate secured - commercial | | 3,728 | | | 1,218 | | | 822 | | | 5,768 | | | 3,956,383 | | | 3,962,151 | | | | | | | | | | | | | | | | | | | | | |
Consumer | | 4,555 | | | 1,407 | | | 199 | | | 6,161 | | | 724,486 | | | 730,647 | | | | | | | | | | | | | | | | | | | | | |
Leases | | 817 | | | 117 | | | 47 | | | 981 | | | 1,323,799 | | | 1,324,780 | | | | | | | | | | | | | | | | | | | | | |
| Total | $ | 21,723 | | $ | 8,495 | | $ | 10,303 | | $ | 40,521 | | $ | 13,275,694 | | $ | 13,316,215 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | $ | 19,146 | | $ | 7,398 | | $ | 5,565 | | $ | 32,109 | | $ | 11,868,687 | | $ | 11,900,796 | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | 2,577 | | | 1,097 | | | 4,738 | | | 8,412 | | | 1,407,007 | | | 1,415,419 | | | | | | | | | | | | | | | | | | | | | |
| Total | $ | 21,723 | | $ | 8,495 | | $ | 10,303 | | $ | 40,521 | | $ | 13,275,694 | | $ | 13,316,215 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Financing Receivables that are Nonaccruing | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | | | | | | |
| | 30-59 Days | | 60-89 Days | | 90 Days | | Total | | | | | Financing | | | | | | | | | | | | | | | | | | | | | |
| | Past Due | | Past Due | | and Greater | | Past Due | | Current | | Receivables | | | | | | | | | | | | | | | | | | | | | |
Commercial | $ | 4,235 | | $ | 708 | | $ | 10,090 | | $ | 15,033 | | $ | 8,088 | | $ | 23,121 | | | | | | | | | | | | | | | | | | | | | |
Real estate - construction | | 0 | | | 87 | | | 3,675 | | | 3,762 | | | 3,463 | | | 7,225 | | | | | | | | | | | | | | | | | | | | | |
Real estate secured - residential | | 512 | | | 472 | | | 15,734 | | | 16,718 | | | 6,935 | | | 23,653 | | | | | | | | | | | | | | | | | | | | | |
Real estate secured - commercial | | 1,206 | | | 909 | | | 34,029 | | | 36,144 | | | 18,340 | | | 54,484 | | | | | | | | | | | | | | | | | | | | | |
Consumer | | 0 | | | 0 | | | 0 | | | 0 | | | 40 | | | 40 | | | | | | | | | | | | | | | | | | | | | |
Leases | | 0 | | | 85 | | | 30 | | | 115 | | | 868 | | | 983 | | | | | | | | | | | | | | | | | | | | | |
| Total | $ | 5,953 | | $ | 2,261 | | $ | 63,558 | | $ | 71,772 | | $ | 37,734 | | $ | 109,506 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | $ | 5,658 | | $ | 2,131 | | $ | 51,740 | | $ | 59,529 | | $ | 32,844 | | $ | 92,373 | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | 295 | | | 130 | | | 11,818 | | | 12,243 | | | 4,890 | | | 17,133 | | | | | | | | | | | | | | | | | | | | | |
| Total | $ | 5,953 | | $ | 2,261 | | $ | 63,558 | | $ | 71,772 | | $ | 37,734 | | $ | 109,506 | | | | | | | | | | | | | | | | | | | | | |
Age Analysis of Past Due Financing Receivables, as of December 31, 2013 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Financing Receivables that are Accruing | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | | | | | | |
| | 30-59 Days | | 60-89 Days | | 90 Days | | Total | | | | | Financing | | | | | | | | | | | | | | | | | | | | | |
| | Past Due | | Past Due | | and Greater | | Past Due | | Current | | Receivables | | | | | | | | | | | | | | | | | | | | | |
Commercial | $ | 3,640 | | $ | 518 | | $ | 127 | | $ | 4,285 | | $ | 2,373,735 | | $ | 2,378,020 | | | | | | | | | | | | | | | | | | | | | |
Real estate - construction | | 1,631 | | | 903 | | | 418 | | | 2,952 | | | 719,695 | | | 722,647 | | | | | | | | | | | | | | | | | | | | | |
Real estate secured - residential | | 27,441 | | | 6,223 | | | 7,274 | | | 40,938 | | | 4,140,127 | | | 4,181,065 | | | | | | | | | | | | | | | | | | | | | |
Real estate secured - commercial | | 11,583 | | | 1,840 | | | 667 | | | 14,090 | | | 4,008,579 | | | 4,022,669 | | | | | | | | | | | | | | | | | | | | | |
Consumer | | 8,664 | | | 1,537 | | | 983 | | | 11,184 | | | 941,769 | | | 952,953 | | | | | | | | | | | | | | | | | | | | | |
Leases | | 4,275 | | | 368 | | | 288 | | | 4,931 | | | 1,212,986 | | | 1,217,917 | | | | | | | | | | | | | | | | | | | | | |
| Total | $ | 57,234 | | $ | 11,389 | | $ | 9,757 | | $ | 78,380 | | $ | 13,396,891 | | $ | 13,475,271 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | $ | 46,031 | | $ | 9,381 | | $ | 7,302 | | $ | 62,714 | | $ | 11,787,333 | | $ | 11,850,047 | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | 11,203 | | | 2,008 | | | 2,455 | | | 15,666 | | | 1,609,558 | | | 1,625,224 | | | | | | | | | | | | | | | | | | | | | |
| Total | $ | 57,234 | | $ | 11,389 | | $ | 9,757 | | $ | 78,380 | | $ | 13,396,891 | | $ | 13,475,271 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Financing Receivables that are Nonaccruing | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | | | | | | |
| | 30-59 Days | | 60-89 Days | | 90 Days | | Total | | | | | Financing | | | | | | | | | | | | | | | | | | | | | |
| | Past Due | | Past Due | | and Greater | | Past Due | | Current | | Receivables | | | | | | | | | | | | | | | | | | | | | |
Commercial | $ | 4,832 | | $ | 855 | | $ | 4,850 | | $ | 10,537 | | $ | 6,290 | | $ | 16,827 | | | | | | | | | | | | | | | | | | | | | |
Real estate - construction | | 2,176 | | | 788 | | | 5,320 | | | 8,284 | | | 4,946 | | | 13,230 | | | | | | | | | | | | | | | | | | | | | |
Real estate secured - residential | | 609 | | | 497 | | | 16,518 | | | 17,624 | | | 5,741 | | | 23,365 | | | | | | | | | | | | | | | | | | | | | |
Real estate secured - commercial | | 1,320 | | | 3,551 | | | 19,952 | | | 24,823 | | | 21,324 | | | 46,147 | | | | | | | | | | | | | | | | | | | | | |
Consumer | | 0 | | | 0 | | | 0 | | | 0 | | | 47 | | | 47 | | | | | | | | | | | | | | | | | | | | | |
Leases | | 0 | | | 199 | | | 148 | | | 347 | | | 852 | | | 1,199 | | | | | | | | | | | | | | | | | | | | | |
| Total | $ | 8,937 | | $ | 5,890 | | $ | 46,788 | | $ | 61,615 | | $ | 39,200 | | $ | 100,815 | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | $ | 8,205 | | $ | 3,806 | | $ | 39,553 | | $ | 51,564 | | $ | 29,335 | | $ | 80,899 | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | 732 | | | 2,084 | | | 7,235 | | | 10,051 | | | 9,865 | | | 19,916 | | | | | | | | | | | | | | | | | | | | | |
| Total | $ | 8,937 | | $ | 5,890 | | $ | 46,788 | | $ | 61,615 | | $ | 39,200 | | $ | 100,815 | | | | | | | | | | | | | | | | | | | | | |
The following tables provide information about Susquehanna's impaired loans, including principal balance, recorded investment, and related specific allowance amounts at the dates indicated. Loans with no specific allowance for loan losses have adequate collateral securing their carrying value and in some circumstances have been charged down to their current carrying value based on the fair value of the collateral less selling costs. |
Impaired Loans at September 30, 2014 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | Average | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Recorded | | | | | | | | Recorded | | | | | | | | | | | | | | | | | | | | | | |
| | | | Unpaid | | Investment | | | | | Related | | Investment | | Interest | | | | | | | | | | | | | | | | | | | |
| | | | Principal | | in Impaired | | Related | | Specific | | in Impaired | | Income | | | | | | | | | | | | | | | | | | | |
| | | | Balance | | Loans | | Charge-offs | | Allowance | | Loans (2) | | Recognized | | | | | | | | | | | | | | | | | | | |
Impaired loans without a related reserve: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | $ | 16,536 | | $ | 13,622 | | $ | 2,914 | | | | | $ | 13,666 | | $ | 152 | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | 8,113 | | | 7,514 | | | 599 | | | | | | 8,220 | | | 73 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | 21,582 | | | 21,408 | | | 174 | | | | | | 17,743 | | | 232 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | 128,593 | | | 105,768 | | | 22,825 | | | | | | 87,473 | | | 1,373 | | | | | | | | | | | | | | | | | | | |
| Consumer | | 0 | | | 0 | | | 0 | | | | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | |
| | Total impaired loans without a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | related reserve | | 174,824 | | | 148,312 | -1 | | 26,512 | | | | | | 127,102 | | | 1,830 | | | | | | | | | | | | | | | | | | | |
Impaired loans with a related reserve: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | 13,156 | | | 13,156 | | | 0 | | $ | 6,116 | | | 13,073 | | | 162 | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | 8,173 | | | 3,136 | | | 5,037 | | | 655 | | | 3,330 | | | 55 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | 23,818 | | | 22,397 | | | 1,421 | | | 3,209 | | | 5,355 | | | 280 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | 30,931 | | | 20,095 | | | 10,836 | | | 2,300 | | | 26,591 | | | 497 | | | | | | | | | | | | | | | | | | | |
| Consumer | | 1,079 | | | 1,051 | | | 28 | | | 114 | | | 33 | | | 28 | | | | | | | | | | | | | | | | | | | |
| | Total impaired loans with a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | related reserve | | 77,157 | | | 59,835 | | | 17,322 | | | 12,394 | | | 48,382 | | | 1,022 | | | | | | | | | | | | | | | | | | | |
Total impaired loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | 29,692 | | | 26,778 | | | 2,914 | | | 6,116 | | | 26,739 | | | 314 | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | 16,286 | | | 10,650 | | | 5,636 | | | 655 | | | 11,550 | | | 128 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | 45,400 | | | 43,805 | | | 1,595 | | | 3,209 | | | 23,098 | | | 512 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | 159,524 | | | 125,863 | | | 33,661 | | | 2,300 | | | 114,064 | | | 1,870 | | | | | | | | | | | | | | | | | | | |
| Consumer | | 1,079 | | | 1,051 | | | 28 | | | 114 | | | 33 | | | 28 | | | | | | | | | | | | | | | | | | | |
| | | Total impaired loans | $ | 251,981 | | $ | 208,147 | | $ | 43,834 | | $ | 12,394 | | $ | 175,484 | | $ | 2,852 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Impaired loans without a related reserve: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Originated loans and leases | $ | 70,279 | | $ | 46,640 | | $ | 23,639 | | | | | $ | 26,627 | | $ | 455 | | | | | | | | | | | | | | | | | | | |
| Purchased loans and leases | | 104,545 | | | 101,672 | | | 2,873 | | | | | | 100,475 | | | 1,375 | | | | | | | | | | | | | | | | | | | |
| | Total impaired loans without a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | related reserve | | 174,824 | | | 148,312 | | | 26,512 | | | | | | 127,102 | | | 1,830 | | | | | | | | | | | | | | | | | | | |
Impaired loans with a related reserve: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Originated loans and leases | | 71,261 | | | 54,672 | | | 16,589 | | $ | 10,780 | | | 45,605 | | | 969 | | | | | | | | | | | | | | | | | | | |
| Purchased loans and leases | | 5,896 | | | 5,163 | | | 733 | | | 1,614 | | | 2,777 | | | 53 | | | | | | | | | | | | | | | | | | | |
| | Total impaired loans with a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | related reserve | | 77,157 | | | 59,835 | | | 17,322 | | | 12,394 | | | 48,382 | | | 1,022 | | | | | | | | | | | | | | | | | | | |
Total impaired loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Originated loans and leases | | 141,540 | | | 101,312 | | | 40,228 | | | 10,780 | | | 72,232 | | | 1,424 | | | | | | | | | | | | | | | | | | | |
| Purchased loans and leases (3) | | 110,441 | | | 106,835 | | | 3,606 | | | 1,614 | | | 103,252 | | | 1,428 | | | | | | | | | | | | | | | | | | | |
| | | Total impaired loans | $ | 251,981 | | $ | 208,147 | | $ | 43,834 | | $ | 12,394 | | $ | 175,484 | | $ | 2,852 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | $34,632 of the $148,312 total impaired loans without a related reserve represents loans that had been written down to the fair value of the underlying collateral adjusted for selling costs through direct charge-offs of $26,512. | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | |
-2 | Average recorded investment in impaired loans is calculated on a quarterly basis using daily balances. | | | | | | | | | | | | | | | | | | | |
-3 | $5,163 of the $106,835 purchased impaired loans were subsequently impaired after being acquired. | | | | | | | | | | | | | | | | | | | |
Impaired Loans at December 31, 2013 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | Average | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Recorded | | | | | | | | Recorded | | | | | | | | | | | | | | | | | | | | | | |
| | | | Unpaid | | Investment | | | | | Related | | Investment | | Interest | | | | | | | | | | | | | | | | | | | |
| | | | Principal | | in Impaired | | Related | | Specific | | in Impaired | | Income | | | | | | | | | | | | | | | | | | | |
| | | | Balance | | Loans | | Charge-offs | | Allowance | | Loans (2) | | Recognized | | | | | | | | | | | | | | | | | | | |
Impaired loans without a related reserve: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | $ | 31,196 | | $ | 28,034 | | $ | 3,162 | | | | | $ | 29,316 | | $ | 390 | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | 17,851 | | | 14,215 | | | 3,636 | | | | | | 14,715 | | | 140 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | 28,308 | | | 27,645 | | | 663 | | | | | | 27,800 | | | 297 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | 143,664 | | | 125,139 | | | 18,525 | | | | | | 125,003 | | | 2,076 | | | | | | | | | | | | | | | | | | | |
| Consumer | | 0 | | | 0 | | | 0 | | | | | | 14 | | | 0 | | | | | | | | | | | | | | | | | | | |
| | Total impaired loans without a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | related reserve | | 221,019 | | | 195,033 | -1 | | 25,986 | | | | | | 196,848 | | | 2,903 | | | | | | | | | | | | | | | | | | | |
Impaired loans with a related reserve: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | 6,864 | | | 5,879 | | | 985 | | $ | 3,008 | | | 5,893 | | | 154 | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | 15,202 | | | 7,288 | | | 7,914 | | | 1,819 | | | 5,831 | | | 228 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | 37,499 | | | 35,153 | | | 2,346 | | | 4,753 | | | 35,273 | | | 554 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | 27,238 | | | 17,529 | | | 9,709 | | | 3,827 | | | 16,546 | | | 325 | | | | | | | | | | | | | | | | | | | |
| Consumer | | 1,992 | | | 1,992 | | | 0 | | | 218 | | | 2,042 | | | 56 | | | | | | | | | | | | | | | | | | | |
| | Total impaired loans with a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | related reserve | | 88,795 | | | 67,841 | | | 20,954 | | | 13,625 | | | 65,585 | | | 1,317 | | | | | | | | | | | | | | | | | | | |
Total impaired loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | 38,060 | | | 33,913 | | | 4,147 | | | 3,008 | | | 35,209 | | | 544 | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | 33,053 | | | 21,503 | | | 11,550 | | | 1,819 | | | 20,546 | | | 368 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | 65,807 | | | 62,798 | | | 3,009 | | | 4,753 | | | 63,073 | | | 851 | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | 170,902 | | | 142,668 | | | 28,234 | | | 3,827 | | | 141,549 | | | 2,401 | | | | | | | | | | | | | | | | | | | |
| Consumer | | 1,992 | | | 1,992 | | | 0 | | | 218 | | | 2,056 | | | 56 | | | | | | | | | | | | | | | | | | | |
| | | Total impaired loans | $ | 309,814 | | $ | 262,874 | | $ | 46,940 | | $ | 13,625 | | $ | 262,433 | | $ | 4,220 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Impaired loans without a related reserve: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Originated loans and leases | $ | 88,900 | | $ | 66,086 | | $ | 22,814 | | | | | $ | 65,341 | | $ | 749 | | | | | | | | | | | | | | | | | | | |
| Purchased loans and leases | | 132,119 | | | 128,947 | | | 3,172 | | | | | | 131,507 | | | 2,154 | | | | | | | | | | | | | | | | | | | |
| | Total impaired loans without a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | related reserve | | 221,019 | | | 195,033 | | | 25,986 | | | | | | 196,848 | | | 2,903 | | | | | | | | | | | | | | | | | | | |
Impaired loans with a related reserve: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Originated loans and leases | | 78,015 | | | 58,343 | | | 19,672 | | $ | 11,612 | | | 55,881 | | | 1,172 | | | | | | | | | | | | | | | | | | | |
| Purchased loans and leases | | 10,780 | | | 9,498 | | | 1,282 | | | 2,013 | | | 9,704 | | | 145 | | | | | | | | | | | | | | | | | | | |
| | Total impaired loans with a | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | related reserve | | 88,795 | | | 67,841 | | | 20,954 | | | 13,625 | | | 65,585 | | | 1,317 | | | | | | | | | | | | | | | | | | | |
Total impaired loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Originated loans and leases | | 166,915 | | | 124,429 | | | 42,486 | | | 11,612 | | | 121,222 | | | 1,921 | | | | | | | | | | | | | | | | | | | |
| Purchased loans and leases (3) | | 142,899 | | | 138,445 | | | 4,454 | | | 2,013 | | | 141,211 | | | 2,299 | | | | | | | | | | | | | | | | | | | |
| | | Total impaired loans | $ | 309,814 | | $ | 262,874 | | $ | 46,940 | | $ | 13,625 | | $ | 262,433 | | $ | 4,220 | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | $43,363 of the $195,033 total impaired loans without a related reserve represents loans that had been written down to the fair value of the underlying collateral adjusted for selling costs through direct charge-offs of $25,986. | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | |
-2 | Average recorded investment in impaired loans is calculated on a quarterly basis using daily balances. | | | | | | | | | | | | | | | | | | | |
-3 | $9,498 of the $138,445 purchased impaired loans were subsequently impaired after being acquired. | | | | | | | | | | | | | | | | | | | |
| The following table presents Troubled Debt Restructurings (TDR's), by class segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | September 30, | | December 31, | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | 2014 | | 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Commercial, financial, and agricultural | $ | 4,044 | | $ | 6,885 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate - construction | | 319 | | | 615 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - residential | | 20,231 | | | 31,623 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - commercial | | 16,780 | | | 31,295 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Consumer | | 1,044 | | | 1,715 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total performing TDRs | | 42,418 | | | 72,133 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Nonperforming TDRs (1) | | 19,522 | | | 22,676 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Total TDRs | $ | 61,940 | | $ | 94,809 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Performing TDRs | | 68% | | | 76% | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Nonperforming TDRs | | 32% | | | 24% | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | These loans are included in the 90 day past due and nonaccrual categories. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| The following table provides detail of TDR balance and activity for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | Three months ended | | Nine months ended | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | September 30, | | September 30, | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | 2014 | | 2013 | | 2014 | | 2013 | | | | | | | | | | | | | | | | | | | | | | | | |
Performing TDRs, beginning of period | $ | 40,938 | | $ | 63,822 | | $ | 72,133 | | $ | 67,775 | | | | | | | | | | | | | | | | | | | | | | | | |
| New restructurings as TDRs | | 2,684 | | | 13,336 | | | 6,767 | | | 38,405 | | | | | | | | | | | | | | | | | | | | | | | | |
| Repayments and payoffs | | -848 | | | -830 | | | -1,853 | | | -4,080 | | | | | | | | | | | | | | | | | | | | | | | | |
| Charge-offs after restructuring | | -26 | | | -9 | | | -455 | | | -6,734 | | | | | | | | | | | | | | | | | | | | | | | | |
| Transfer to nonaccrual, past due 90 days or greater, nonperforming TDRs | | -281 | | | -5,407 | | | -5,969 | | | -11,449 | | | | | | | | | | | | | | | | | | | | | | | | |
| Transfer out of TDR status (1) | | -49 | | | -938 | | | -28,204 | | | -13,551 | | | | | | | | | | | | | | | | | | | | | | | | |
| Other, net | | 0 | | | 1 | | | -1 | | | -391 | -2 | | | | | | | | | | | | | | | | | | | | | | | |
Performing TDRs, end of period | $ | 42,418 | | $ | 69,975 | | $ | 42,418 | | $ | 69,975 | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Nonperforming TDRs (3), end of period | $ | 19,522 | | $ | 22,166 | | $ | 19,522 | | $ | 22,166 | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Performing TDRs | | 68% | | | 76% | | | 68% | | | 76% | | | | | | | | | | | | | | | | | | | | | | | | |
Nonperforming TDRs | | 32% | | | 24% | | | 32% | | | 24% | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | Loans that have performed in accordance with the renegotiated terms for a minimum of six consecutive months with payments and at the time of renegotiation the loan's interest rate represented a then current market interest rate for a loan of similar risk. | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | |
-2 | Includes $203 transferred to Other Real Estate Owned in 2013. | | | | | | | | | | | | | | | | | | | | | | | | |
-3 | Included in Age Analysis of Past Due Financing Receivables. | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The following tables present Susquehanna's loan modification activities that were considered troubled debt restructurings for the three and nine month periods ended September 30, 2014 and 2013. |
| | | | | Recorded Investment | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | Post- | | Financial Effect of | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Pre-Modification | | Modification | | Modification | | | | | | | | | | | | | | | | | | | | | | |
| | | | | Number of | | Recorded | | Recorded | | Recorded | | | | | | | | | | | | | | | | | | | | | | | | | |
Three months ended September 30, 2014 | | Loans | | Investment | | Investment | | Investment(1) | | Interest (2) | | | | | | | | | | | | | | | | | | | | | | |
Troubled Debt Restructurings | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 3 | | $ | 124 | | $ | 124 | | $ | 0 | | $ | 0 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 25 | | | 2,397 | | | 2,397 | | | 0 | | | 3 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Consumer | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 20 | | | 163 | | | 163 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Total | | 48 | | $ | 2,684 | | $ | 2,684 | | $ | 0 | | $ | 3 | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | 47 | | $ | 2,627 | | $ | 2,627 | | $ | 0 | | $ | 3 | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | 1 | | | 57 | | | 57 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Total | | 48 | | $ | 2,684 | | $ | 2,684 | | $ | 0 | | $ | 3 | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | Financial effects impacting the recorded investment include principal payments, advances, charge-offs, and capitalized past-due amounts. | | | | | | | | | | | | | | | | | | | | | | |
-2 | Represents the present value of interest rate concessions discounted at the effective rate of the original loan. | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | Number of | | Recorded | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | Loans | | Investment | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Troubled Debt Restructurings that Subsequently | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Defaulted during the current period | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Commercial, financial, and agricultural | | | 0 | | $ | 0 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate - construction | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - residential | | | 3 | | | 181 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - commercial | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Consumer | | | 3 | | | 28 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | | | 6 | | $ | 209 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | | 6 | | $ | 209 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | | | 6 | | $ | 209 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | Recorded Investment | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | Post- | | Financial Effect of | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Pre-Modification | | Modification | | Modification | | | | | | | | | | | | | | | | | | | | | | |
| | | | | Number of | | Recorded | | Recorded | | Recorded | | | | | | | | | | | | | | | | | | | | | | | | | |
Three months ended September 30, 2013 | | Loans | | Investment | | Investment | | Investment(1) | | Interest (2) | | | | | | | | | | | | | | | | | | | | | | |
Troubled Debt Restructurings | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 6 | | $ | 845 | | $ | 845 | | $ | 0 | | $ | -6 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 1 | | | 51 | | | 51 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 37 | | | 3,715 | | | 3,715 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 8 | | | 1,313 | | | 1,313 | | | 0 | | | 51 | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 7 | | | 7,066 | | | 7,066 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Consumer | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | | 42 | | | 320 | | | 320 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | | 1 | | | 26 | | | 26 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | |
| Total | | 102 | | $ | 13,336 | | $ | 13,336 | | $ | 0 | | $ | 45 | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | 99 | | $ | 12,962 | | $ | 12,962 | | $ | 0 | | $ | 66 | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | 3 | | | 374 | | | 374 | | | 0 | | | -21 | | | | | | | | | | | | | | | | | | | | | | |
| Total | | 102 | | $ | 13,336 | | $ | 13,336 | | $ | 0 | | $ | 45 | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | Financial effects impacting the recorded investment include principal payments, advances, charge-offs, and capitalized past-due amounts. | | | | | | | | | | | | | | | | | | | | | | |
-2 | Represents the present value of interest rate concessions discounted at the effective rate of the original loan. | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | Number of | | Recorded | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | Loans | | Investment | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Troubled Debt Restructurings that Subsequently | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Defaulted during the current period | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Commercial, financial, and agricultural | | | 3 | | $ | 33 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate - construction | | | 1 | | | 117 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - residential | | | 17 | | | 862 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - commercial | | | 4 | | | 4,640 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Consumer | | | 31 | | | 263 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | | | 56 | | $ | 5,915 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | | 53 | | $ | 5,849 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | | 3 | | | 66 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | | | 56 | | $ | 5,915 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Recorded Investment | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | Financial Effect of | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Pre-Modification | | Post-Modification | | Modification | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Number of | | Recorded | | Recorded | | Recorded | | | | | | | | | | | | | | | | | | | | | | | | | | |
Nine months ended September 30, 2014 | Loans | | Investment | | Investment | | Investment(1) | | Interest (2) | | | | | | | | | | | | | | | | | | | | | | | |
Troubled Debt Restructurings | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 9 | | $ | 226 | | $ | 226 | | $ | 0 | | $ | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 41 | | | 4,786 | | | 4,786 | | | 0 | | | 3 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 7 | | | 1,100 | | | 1,100 | | | 0 | | | -8 | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 1 | | | 375 | | | 375 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| Consumer | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 37 | | | 280 | | | 280 | | | 5 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| Total | 95 | | $ | 6,767 | | $ | 6,767 | | $ | 5 | | $ | -5 | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | 90 | | $ | 6,123 | | $ | 6,123 | | $ | 5 | | $ | 40 | | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | 5 | | | 644 | | | 644 | | | 0 | | | -45 | | | | | | | | | | | | | | | | | | | | | | | |
| Total | 95 | | $ | 6,767 | | $ | 6,767 | | $ | 5 | | $ | -5 | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | Financial effects impacting the recorded investment include principal payments, advances, charge-offs, and capitalized past-due amounts. | | | | | | | | | | | | | | | | | | | | | | | |
-2 | Represents the present value of interest rate concessions discounted at the effective rate of the original loan. | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Number of | | Recorded | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Loans | | Investment | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Troubled Debt Restructurings that Subsequently | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Defaulted during the current period | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Commercial, financial, and agricultural | | | 11 | | $ | 2,027 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate - construction | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - residential | | | 11 | | | 578 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - commercial | | | 4 | | | 2,599 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Consumer | | | 24 | | | 187 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | | | 50 | | $ | 5,391 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | | 46 | | $ | 2,745 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | | 4 | | | 2,646 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | | | 50 | | $ | 5,391 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Recorded Investment | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | Financial Effect of | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | Pre-Modification | | Post-Modification | | Modification | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Number of | | Recorded | | Recorded | | Recorded | | | | | | | | | | | | | | | | | | | | | | | | | | |
Nine months ended September 30, 2013 | Loans | | Investment | | Investment | | Investment(1) | | Interest (2) | | | | | | | | | | | | | | | | | | | | | | | |
Troubled Debt Restructurings | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Commercial, financial, and agricultural | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 29 | | $ | 9,379 | | $ | 9,379 | | $ | 0 | | $ | -6 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 2 | | | 292 | | | 292 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate - construction | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 2 | | | 137 | | | 137 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - residential | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 136 | | | 12,038 | | | 12,038 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 25 | | | 3,815 | | | 3,815 | | | 0 | | | -21 | | | | | | | | | | | | | | | | | | | | | | | |
| Real estate secured - commercial | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 19 | | | 9,565 | | | 9,565 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 1 | | | 1,436 | | | 1,436 | | | 0 | | | -196 | | | | | | | | | | | | | | | | | | | | | | | |
| Consumer | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Bankruptcies and maturity date extensions | 192 | | | 1,717 | | | 1,717 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| | Combination of modification types | 1 | | | 26 | | | 26 | | | 0 | | | 0 | | | | | | | | | | | | | | | | | | | | | | | |
| Total | 407 | | $ | 38,405 | | $ | 38,405 | | $ | 0 | | $ | -223 | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | 386 | | $ | 35,569 | | $ | 35,569 | | $ | 0 | | $ | -159 | | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | 21 | | | 2,836 | | | 2,836 | | | 0 | | | -64 | | | | | | | | | | | | | | | | | | | | | | | |
| Total | 407 | | $ | 38,405 | | $ | 38,405 | | $ | 0 | | $ | -223 | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | Financial effects impacting the recorded investment include principal payments, advances, charge-offs, and capitalized past-due amounts. | | | | | | | | | | | | | | | | | | | | | | | |
-2 | Represents the present value of interest rate concessions discounted at the effective rate of the original loan. | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Number of | | Recorded | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | Loans | | Investment | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Troubled Debt Restructurings that Subsequently | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Defaulted during the current period | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Commercial, financial, and agricultural | | | 15 | | $ | 7,334 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate - construction | | | 3 | | | 254 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - residential | | | 30 | | | 2,152 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Real estate secured - commercial | | | 7 | | | 5,087 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Consumer | | | 64 | | | 468 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | | | 119 | | $ | 15,295 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Originated loans and leases | | | 111 | | $ | 14,692 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Purchased loans and leases | | | 8 | | | 603 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total | | | 119 | | $ | 15,295 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| The unpaid principal balance and the related carrying amount of acquired loans are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | September 30, | | December 31, | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | 2014 | | 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Credit impaired purchased loans evaluated individually for | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | incurred credit losses | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Unpaid principal balance | | $ | 129,457 | | $ | 176,351 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Carrying amount | | | 106,836 | | | 138,445 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Other purchased loans evaluated collectively for incurred credit | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | losses | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Unpaid principal balance | | | 1,322,877 | | | 1,509,870 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Carrying amount | | | 1,325,716 | | | 1,506,695 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total purchased loans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Unpaid principal balance | | | 1,452,334 | | | 1,686,221 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | Carrying amount | | | 1,432,552 | | | 1,645,140 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| The changes in the accretable discount related to the purchased credit impaired loans are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Three Months Ended | | Nine Months Ended | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | September 30, | | September 30, | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2014 | | 2013 | | 2014 | | 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Balance - beginning of period | $ | 43,319 | | $ | 49,187 | | $ | 46,219 | | $ | 62,868 | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Accretion recognized during the period | | -2,309 | | | -4,229 | | | -8,042 | | | -16,522 | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Net reclassification from nonaccretable to accretable | | 0 | | | 1,481 | | | 2,833 | | | 93 | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Balance - end of period | $ | 41,010 | | $ | 46,439 | | $ | 41,010 | | $ | 46,439 | | | | | | | | | | | | | | | | | | | | | | | | | | |