Past Due Loans, Allowance For Credit Losses, Impaired Loans, and TDRS | PAST DUE LOANS, ALLOWANCE FOR CREDIT LOSSES, IMPAIRED LOANS, AND TDRS Past Due and Non-accrual Loans The following table presents an aging analysis of the Company 's past due loans as of March 31, 2018 and December 31, 2017 . The aging is determined without regard to accrual status. The table also presents non-performing loans, consisting of non-accrual loans (the majority of which are past due) and loans 90 days or more past due and still accruing interest, as of each balance sheet date. Aging Analysis of Past Due Loans and Non-performing Loans by Class (Dollar amounts in thousands) Aging Analysis (Accruing and Non-accrual) Non-performing Loans Current (1) 30-89 Days Past Due 90 Days or More Past Due Total Past Due Total Loans Non- accrual (2) 90 Days or More Past Due, Still Accruing Interest As of March 31, 2018 Commercial and industrial $ 3,612,554 $ 11,412 $ 35,100 $ 46,512 $ 3,659,066 $ 43,974 $ 1,963 Agricultural 430,903 264 4,567 4,831 435,734 4,086 489 Commercial real estate: Office, retail, and industrial 1,915,943 5,926 9,333 15,259 1,931,202 12,342 476 Multi-family 680,557 15,249 24 15,273 695,830 144 24 Construction 584,607 35 1,124 1,159 585,766 208 916 Other commercial real estate 1,356,320 4,083 2,835 6,918 1,363,238 4,088 64 Total commercial real estate 4,537,427 25,293 13,316 38,609 4,576,036 16,782 1,480 Total corporate loans 8,580,884 36,969 52,983 89,952 8,670,836 64,842 3,932 Home equity 875,789 3,399 2,346 5,745 881,534 5,780 44 1-4 family mortgages 794,212 2,608 2,082 4,690 798,902 4,393 132 Installment 322,797 2,180 525 2,705 325,502 — 525 Total consumer loans 1,992,798 8,187 4,953 13,140 2,005,938 10,173 701 Total loans $ 10,573,682 $ 45,156 $ 57,936 $ 103,092 $ 10,676,774 $ 75,015 $ 4,633 As of December 31, 2017 Commercial and industrial $ 3,490,783 $ 34,620 $ 4,511 $ 39,131 $ 3,529,914 $ 40,580 $ 1,830 Agricultural 430,221 280 385 665 430,886 219 177 Commercial real estate: Office, retail, and industrial 1,970,564 3,156 6,100 9,256 1,979,820 11,560 345 Multi-family 672,098 3,117 248 3,365 675,463 377 20 Construction 539,043 198 579 777 539,820 209 371 Other commercial real estate 1,353,263 2,545 2,707 5,252 1,358,515 3,621 317 Total commercial real estate 4,534,968 9,016 9,634 18,650 4,553,618 15,767 1,053 Total corporate loans 8,455,972 43,916 14,530 58,446 8,514,418 56,566 3,060 Home equity 820,099 4,102 2,854 6,956 827,055 5,946 98 1-4 family mortgages 770,120 2,145 2,092 4,237 774,357 4,412 — Installment 319,178 2,407 397 2,804 321,982 — 397 Total consumer loans 1,909,397 8,654 5,343 13,997 1,923,394 10,358 495 Total loans $ 10,365,369 $ 52,570 $ 19,873 $ 72,443 $ 10,437,812 $ 66,924 $ 3,555 (1) PCI loans with an accretable yield are considered current. (2) Includes PCI loans of $760,000 and $763,000 as of March 31, 2018 and December 31, 2017 , respectively, which no longer have an accretable yield as estimates of expected future cash flows have decreased since the acquisition due to credit deterioration. Allowance for Credit Losses The Company maintains an allowance for credit losses at a level deemed adequate by management to absorb estimated losses inherent in the existing loan portfolio. See Note 1 , " Summary of Significant Accounting Policies ," for the accounting policy for the allowance for credit losses. A rollforward of the allowance for credit losses by portfolio segment for the quarters ended March 31, 2018 and 2017 is presented in the table below. Allowance for Credit Losses by Portfolio Segment (Dollar amounts in thousands) Commercial, Industrial, and Agricultural Office, Retail, and Industrial Multi- family Construction Other Commercial Real Estate Consumer Reserve for Unfunded Commitments Total Allowance for Credit Losses Quarter ended March 31, 2018 Beginning balance $ 55,791 $ 10,996 $ 2,534 $ 3,481 $ 6,381 $ 16,546 $ 1,000 $ 96,729 Charge-offs (14,670 ) (461 ) — — (69 ) (1,885 ) — (17,085 ) Recoveries 538 97 — 13 39 342 — 1,029 Net charge-offs (14,132 ) (364 ) — 13 (30 ) (1,543 ) — (16,056 ) Provision for loan losses and other 15,541 (25 ) 58 (1,522 ) (1,060 ) 2,189 — 15,181 Ending balance $ 57,200 $ 10,607 $ 2,592 $ 1,972 $ 5,291 $ 17,192 $ 1,000 $ 95,854 Quarter ended March 31, 2017 Beginning balance $ 40,709 $ 17,595 $ 3,261 $ 3,444 $ 7,739 $ 13,335 $ 1,000 $ 87,083 Charge-offs (4,074 ) (127 ) — (5 ) (408 ) (1,664 ) — (6,278 ) Recoveries 1,666 975 28 227 101 443 — 3,440 Net charge-offs (2,408 ) 848 28 222 (307 ) (1,221 ) — (2,838 ) Provision for loan losses and other 3,485 (742 ) (429 ) 444 (510 ) 2,670 — 4,918 Ending balance $ 41,786 $ 17,701 $ 2,860 $ 4,110 $ 6,922 $ 14,784 $ 1,000 $ 89,163 The table below provides a breakdown of loans and the related allowance for credit losses by portfolio segment as of March 31, 2018 and December 31, 2017 . Loans and Related Allowance for Credit Losses by Portfolio Segment (Dollar amounts in thousands) Loans Allowance for Credit Losses Individually Evaluated for Impairment Collectively Evaluated for Impairment PCI Total Individually Evaluated for Impairment Collectively Evaluated for Impairment PCI Total As of March 31, 2018 Commercial, industrial, and agricultural $ 46,748 $ 4,037,396 $ 10,656 $ 4,094,800 $ 8,111 $ 48,400 $ 689 $ 57,200 Commercial real estate: Office, retail, and industrial 11,375 1,905,401 14,426 1,931,202 481 8,705 1,421 10,607 Multi-family 391 682,238 13,201 695,830 — 2,418 174 2,592 Construction — 577,297 8,469 585,766 — 1,815 157 1,972 Other commercial real estate 2,223 1,300,548 60,467 1,363,238 — 4,320 971 5,291 Total commercial real estate 13,989 4,465,484 96,563 4,576,036 481 17,258 2,723 20,462 Total corporate loans 60,737 8,502,880 107,219 8,670,836 8,592 65,658 3,412 77,662 Consumer — 1,984,451 21,487 2,005,938 — 15,926 1,266 17,192 Reserve for unfunded commitments — — — — — 1,000 — 1,000 Total loans $ 60,737 $ 10,487,331 $ 128,706 $ 10,676,774 $ 8,592 $ 82,584 $ 4,678 $ 95,854 As of December 31, 2017 Commercial, industrial, and agricultural $ 38,718 $ 3,909,380 $ 12,702 $ 3,960,800 $ 10,074 $ 45,293 $ 424 $ 55,791 Commercial real estate: Office, retail, and industrial 10,810 1,954,435 14,575 1,979,820 — 9,333 1,663 10,996 Multi-family 621 660,771 14,071 675,463 — 2,436 98 2,534 Construction — 530,977 8,843 539,820 — 3,331 150 3,481 Other commercial real estate 1,468 1,291,723 65,324 1,358,515 — 5,415 966 6,381 Total commercial real estate 12,899 4,437,906 102,813 4,553,618 — 20,515 2,877 23,392 Total corporate loans 51,617 8,347,286 115,515 8,514,418 10,074 65,808 3,301 79,183 Consumer — 1,901,456 21,938 1,923,394 — 15,533 1,013 16,546 Reserve for unfunded commitments — — — — — 1,000 — 1,000 Total loans $ 51,617 $ 10,248,742 $ 137,453 $ 10,437,812 $ 10,074 $ 82,341 $ 4,314 $ 96,729 Loans Individually Evaluated for Impairment The following table presents loans individually evaluated for impairment by class of loan as of March 31, 2018 and December 31, 2017 . PCI loans are excluded from this disclosure. Impaired Loans Individually Evaluated by Class (Dollar amounts in thousands) As of March 31, 2018 As of December 31, 2017 Recorded Investment In Recorded Investment In Loans with No Specific Reserve Loans with a Specific Reserve Unpaid Principal Balance Specific Reserve Loans with No Specific Reserve Loans with a Specific Reserve Unpaid Principal Balance Specific Reserve Commercial and industrial $ 7,147 $ 35,731 $ 68,806 $ 7,310 $ 4,234 $ 34,484 $ 53,192 $ 10,074 Agricultural — 3,870 4,672 801 — — — — Commercial real estate: Office, retail, and industrial 7,538 3,837 12,333 481 7,154 3,656 14,246 — Multi-family 391 — 391 — 621 — 621 — Construction — — — — — — — — Other commercial real estate 2,223 — 2,243 — 1,468 — 1,566 — Total commercial real estate 10,152 3,837 14,967 481 9,243 3,656 16,433 — Total impaired loans individually evaluated for impairment $ 17,299 $ 43,438 $ 88,445 $ 8,592 $ 13,477 $ 38,140 $ 69,625 $ 10,074 The following table presents the average recorded investment and interest income recognized on impaired loans by class for the quarters ended March 31, 2018 and 2017 . PCI loans are excluded from this disclosure. Average Recorded Investment and Interest Income Recognized on Impaired Loans by Class (Dollar amounts in thousands) Quarters Ended March 31, 2018 2017 Average Interest Income Recognized (1) Average Interest Income Recognized (1) Commercial and industrial $ 40,798 $ 22 $ 20,849 $ 214 Agricultural 1,935 — 557 — Commercial real estate: Office, retail, and industrial 11,093 112 14,865 93 Multi-family 506 7 397 28 Construction — — 17 136 Other commercial real estate 1,846 52 1,890 12 Total commercial real estate 13,445 171 17,169 269 Total impaired loans $ 56,178 $ 193 $ 38,575 $ 483 (1) Recorded using the cash basis of accounting. Credit Quality Indicators Corporate loans and commitments are assessed for credit risk and assigned ratings based on various characteristics, such as the borrower's cash flow, leverage, and collateral. Ratings for commercial credits are reviewed periodically. The following tables present credit quality indicators by class for corporate and consumer loans, as of March 31, 2018 and December 31, 2017 . Corporate Credit Quality Indicators by Class (Dollar amounts in thousands) Pass Special Mention (1)(4) Substandard (2)(4) Non-accrual (3) Total As of March 31, 2018 Commercial and industrial $ 3,505,129 $ 95,259 $ 14,704 $ 43,974 $ 3,659,066 Agricultural 417,644 7,756 6,248 4,086 435,734 Commercial real estate: Office, retail, and industrial 1,856,832 26,642 35,386 12,342 1,931,202 Multi-family 682,926 10,961 1,799 144 695,830 Construction 568,148 9,941 7,469 208 585,766 Other commercial real estate 1,310,712 31,431 17,007 4,088 1,363,238 Total commercial real estate 4,418,618 78,975 61,661 16,782 4,576,036 Total corporate loans $ 8,341,391 $ 181,990 $ 82,613 $ 64,842 $ 8,670,836 As of December 31, 2017 Commercial and industrial $ 3,388,133 $ 70,863 $ 30,338 $ 40,580 $ 3,529,914 Agricultural 413,946 10,989 5,732 219 430,886 Commercial real estate: Office, retail, and industrial 1,903,737 25,546 38,977 11,560 1,979,820 Multi-family 665,496 7,395 2,195 377 675,463 Construction 521,911 10,184 7,516 209 539,820 Other commercial real estate 1,304,337 29,624 20,933 3,621 1,358,515 Total commercial real estate 4,395,481 72,749 69,621 15,767 4,553,618 Total corporate loans $ 8,197,560 $ 154,601 $ 105,691 $ 56,566 $ 8,514,418 (1) Loans categorized as special mention exhibit potential weaknesses that require the close attention of management since these potential weaknesses may result in the deterioration of repayment prospects in the future. (2) Loans categorized as substandard exhibit well-defined weaknesses that may jeopardize the liquidation of the debt. These loans continue to accrue interest because they are well-secured and collection of principal and interest is expected within a reasonable time. (3) Loans categorized as non-accrual exhibit well-defined weaknesses that may jeopardize the liquidation of the debt or result in a loss if the deficiencies are not corrected. (4) Total special mention and substandard loans includes accruing TDR s of $651,000 as of March 31, 2018 and $657,000 as of December 31, 2017 . Consumer Credit Quality Indicators by Class (Dollar amounts in thousands) Performing Non-accrual Total As of March 31, 2018 Home equity $ 875,754 $ 5,780 $ 881,534 1-4 family mortgages 794,509 4,393 798,902 Installment 325,502 — 325,502 Total consumer loans $ 1,995,765 $ 10,173 $ 2,005,938 As of December 31, 2017 Home equity $ 821,109 $ 5,946 $ 827,055 1-4 family mortgages 769,945 4,412 774,357 Installment 321,982 — 321,982 Total consumer loans $ 1,913,036 $ 10,358 $ 1,923,394 TDR s TDR s are generally performed at the request of the individual borrower and may include forgiveness of principal, reduction in interest rates, changes in payments, and maturity date extensions. The table below presents TDR s by class as of March 31, 2018 and December 31, 2017 . See Note 1, "Summary of Significant Accounting Policies," for the accounting policy for TDR s. TDR s by Class (Dollar amounts in thousands) As of March 31, 2018 As of December 31, 2017 Accruing Non-accrual (1) Total Accruing Non-accrual (1) Total Commercial and industrial $ 260 $ 16,830 $ 17,090 $ 264 $ 18,959 $ 19,223 Agricultural — — — — — — Commercial real estate: Office, retail, and industrial — 2,336 2,336 — 4,236 4,236 Multi-family 570 144 714 574 149 723 Construction — — — — — — Other commercial real estate 189 — 189 192 — 192 Total commercial real estate 759 2,480 3,239 766 4,385 5,151 Total corporate loans 1,019 19,310 20,329 1,030 23,344 24,374 Home equity 85 724 809 86 738 824 1-4 family mortgages 674 432 1,106 680 451 1,131 Installment — — — — — — Total consumer loans 759 1,156 1,915 766 1,189 1,955 Total loans $ 1,778 $ 20,466 $ 22,244 $ 1,796 $ 24,533 $ 26,329 (1) These TDR s are included in non-accrual loans in the preceding tables. TDR s are included in the calculation of the allowance for credit losses in the same manner as impaired loans. There were $2.4 million and $2.0 million specific reserves related to TDR s as of March 31, 2018 and December 31, 2017 , respectively. There were no material restructures during the quarters ended March 31, 2018 and 2017 . Accruing TDR s that do not perform in accordance with their modified terms are transferred to non-accrual. There were no material TDR s that defaulted within twelve months of the restructure date during the quarters ended March 31, 2018 and 2017 . A rollforward of the carrying value of TDR s for the quarters ended March 31, 2018 and 2017 is presented in the following table. TDR Rollforward (Dollar amounts in thousands) Quarters Ended 2018 2017 Accruing Beginning balance $ 1,796 $ 2,291 Additions — 922 Net payments (18 ) (24 ) Net transfers from (to) non-accrual — (1,077 ) Ending balance 1,778 2,112 Non-accrual Beginning balance 24,533 6,297 Additions 355 — Net payments (3,113 ) (4,150 ) Charge-offs (1,309 ) (112 ) Net transfers from accruing — 1,077 Ending balance 20,466 3,112 Total TDRs $ 22,244 $ 5,224 For TDR s to be removed from TDR status in the calendar year after the restructuring, the loans must (i) have an interest rate and terms that reflect market conditions at the time of restructuring, and (ii) be in compliance with the modified terms. Loans that were not restructured at market rates and terms, that are not in compliance with the modified terms, or for which there is a concern about the future ability of the borrower to meet its obligations under the modified terms, continue to be separately reported as restructured until paid in full or charged-off. There were no material commitments to lend additional funds to borrowers with TDR s as of March 31, 2018 and December 31, 2017 . |