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 September 30, 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 September 30, 2018 Commercial and industrial $ 3,966,088 $ 15,087 $ 12,967 $ 28,054 $ 3,994,142 $ 37,981 $ 1,096 Agricultural 427,702 2,156 2,362 4,518 432,220 2,104 316 Commercial real estate: Office, retail, and industrial 1,767,366 9,640 5,751 15,391 1,782,757 6,685 490 Multi-family 691,698 3,729 3,184 6,913 698,611 3,184 — Construction 628,976 3,595 208 3,803 632,779 208 — Other commercial real estate 1,339,926 5,755 3,150 8,905 1,348,831 4,578 288 Total commercial real estate 4,427,966 22,719 12,293 35,012 4,462,978 14,655 778 Total corporate loans 8,821,756 39,962 27,622 67,584 8,889,340 54,740 2,190 Home equity 848,843 2,995 2,049 5,044 853,887 5,739 9 1-4 family mortgages 885,556 1,287 1,954 3,241 888,797 4,287 41 Installment 414,078 3,737 709 4,446 418,524 — 709 Total consumer loans 2,148,477 8,019 4,712 12,731 2,161,208 10,026 759 Total loans $ 10,970,233 $ 47,981 $ 32,334 $ 80,315 $ 11,050,548 $ 64,766 $ 2,949 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 $688,000 and $763,000 as of September 30, 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 and nine months ended September 30, 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 September 30, 2018 Beginning balance $ 60,043 $ 9,062 $ 2,175 $ 2,124 $ 4,631 $ 18,656 $ 1,000 $ 97,691 Charge-offs (6,277 ) (759 ) (1 ) (1 ) (177 ) (2,049 ) — (9,264 ) Recoveries 416 163 — 5 154 512 — 1,250 Net charge-offs (5,861 ) (596 ) (1 ) 4 (23 ) (1,537 ) — (8,014 ) Provision for loan losses and other 6,776 15 200 116 740 3,401 — 11,248 Ending balance $ 60,958 $ 8,481 $ 2,374 $ 2,244 $ 5,348 $ 20,520 $ 1,000 $ 100,925 Quarter ended September 30, 2017 Beginning balance $ 46,271 $ 15,008 $ 2,919 $ 4,094 $ 7,479 $ 16,600 $ 1,000 $ 93,371 Charge-offs (8,935 ) (14 ) — 6 (6 ) (1,617 ) — (10,566 ) Recoveries 698 1,825 2 19 25 331 — 2,900 Net charge-offs (8,237 ) 1,811 2 25 19 (1,286 ) — (7,666 ) Provision for loan losses and other 13,994 (5,129 ) (296 ) 161 (257 ) 1,636 — 10,109 Ending balance $ 52,028 $ 11,690 $ 2,625 $ 4,280 $ 7,241 $ 16,950 $ 1,000 $ 95,814 Nine months ended September 30, 2018 Beginning balance $ 55,791 $ 10,996 $ 2,534 $ 3,481 $ 6,381 $ 16,546 $ 1,000 $ 96,729 Charge-offs (29,609 ) (1,525 ) (5 ) (1 ) (247 ) (6,271 ) — (37,658 ) Recoveries 1,707 286 — 26 552 1,240 — 3,811 Net charge-offs (27,902 ) (1,239 ) (5 ) 25 305 (5,031 ) — (33,847 ) Provision for loan losses and other 33,069 (1,276 ) (155 ) (1,262 ) (1,338 ) 9,005 — 38,043 Ending balance $ 60,958 $ 8,481 $ 2,374 $ 2,244 $ 5,348 $ 20,520 $ 1,000 $ 100,925 Nine months ended September 30, 2017 Beginning balance $ 40,709 $ 17,595 $ 3,261 $ 3,444 $ 7,739 $ 13,335 $ 1,000 $ 87,083 Charge-offs (15,966 ) (141 ) — (38 ) (721 ) (4,837 ) — (21,703 ) Recoveries 2,764 2,808 36 258 205 1,097 — 7,168 Net charge-offs (13,202 ) 2,667 36 220 (516 ) (3,740 ) — (14,535 ) Provision for loan losses and other 24,521 (8,572 ) (672 ) 616 18 7,355 — 23,266 Ending balance $ 52,028 $ 11,690 $ 2,625 $ 4,280 $ 7,241 $ 16,950 $ 1,000 $ 95,814 The table below provides a breakdown of loans and the related allowance for credit losses by portfolio segment as of September 30, 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 September 30, 2018 Commercial, industrial, and agricultural $ 37,309 $ 4,385,067 $ 3,986 $ 4,426,362 $ 6,659 $ 53,919 $ 380 $ 60,958 Commercial real estate: Office, retail, and industrial 5,639 1,765,584 11,534 1,782,757 1,223 6,049 1,209 8,481 Multi-family 3,573 684,275 10,763 698,611 — 2,134 240 2,374 Construction — 629,427 3,352 632,779 — 2,089 155 2,244 Other commercial real estate 2,496 1,290,122 56,213 1,348,831 22 4,113 1,213 5,348 Total commercial real estate 11,708 4,369,408 81,862 4,462,978 1,245 14,385 2,817 18,447 Total corporate loans 49,017 8,754,475 85,848 8,889,340 7,904 68,304 3,197 79,405 Consumer — 2,142,112 19,096 2,161,208 — 19,003 1,517 20,520 Reserve for unfunded commitments — — — — — 1,000 — 1,000 Total loans $ 49,017 $ 10,896,587 $ 104,944 $ 11,050,548 $ 7,904 $ 88,307 $ 4,714 $ 100,925 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 September 30, 2018 and December 31, 2017 . PCI loans are excluded from this disclosure. Impaired Loans Individually Evaluated by Class (Dollar amounts in thousands) As of September 30, 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 $ 7,534 $ 27,934 $ 53,533 $ 6,542 $ 4,234 $ 34,484 $ 53,192 $ 10,074 Agricultural 269 1,572 4,250 117 — — — — Commercial real estate: Office, retail, and industrial 1,636 4,003 6,372 1,223 7,154 3,656 14,246 — Multi-family 3,573 — 3,573 — 621 — 621 — Construction — — — — — — — — Other commercial real estate 1,632 864 2,548 22 1,468 — 1,566 — Total commercial real estate 6,841 4,867 12,493 1,245 9,243 3,656 16,433 — Total impaired loans individually evaluated for impairment $ 14,644 $ 34,373 $ 70,276 $ 7,904 $ 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 and nine months ended September 30, 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 September 30, 2018 2017 Average Interest Income Recognized (1) Average Interest Income Recognized (1) Commercial and industrial $ 28,082 $ 123 $ 44,682 $ 368 Agricultural 2,372 — 140 — Commercial real estate: Office, retail, and industrial 6,641 105 12,496 — Multi-family 3,757 11 396 — Construction — — — — Other commercial real estate 2,831 68 1,415 — Total commercial real estate 13,229 184 14,307 — Total impaired loans $ 43,683 $ 307 $ 59,129 $ 368 Nine Months Ended September 30, 2018 2017 Average Interest (1) Average Interest (1) Commercial and industrial $ 34,440 $ 159 $ 32,765 $ 924 Agricultural 2,153 25 348 — Commercial real estate: Office, retail, and industrial 8,867 873 13,680 262 Multi-family 2,132 66 396 28 Construction — — 9 136 Other commercial real estate 2,338 181 1,652 20 Total commercial real estate 13,337 1,120 15,737 446 Total impaired loans $ 49,930 $ 1,304 $ 48,850 $ 1,370 (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 September 30, 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 September 30, 2018 Commercial and industrial $ 3,797,606 $ 134,184 $ 24,371 $ 37,981 $ 3,994,142 Agricultural 411,559 7,591 10,966 2,104 432,220 Commercial real estate: Office, retail, and industrial 1,721,711 19,972 34,389 6,685 1,782,757 Multi-family 683,199 10,139 2,089 3,184 698,611 Construction 601,942 23,477 7,152 208 632,779 Other commercial real estate 1,277,662 48,845 17,746 4,578 1,348,831 Total commercial real estate 4,284,514 102,433 61,376 14,655 4,462,978 Total corporate loans $ 8,493,679 $ 244,208 $ 96,713 $ 54,740 $ 8,889,340 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 $639,000 as of September 30, 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 September 30, 2018 Home equity $ 848,148 $ 5,739 $ 853,887 1-4 family mortgages 884,510 4,287 888,797 Installment 418,524 — 418,524 Total consumer loans $ 2,151,182 $ 10,026 $ 2,161,208 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 September 30, 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 September 30, 2018 As of December 31, 2017 Accruing Non-accrual (1) Total Accruing Non-accrual (1) Total Commercial and industrial $ 250 $ 5,603 $ 5,853 $ 264 $ 18,959 $ 19,223 Agricultural — — — — — — Commercial real estate: Office, retail, and industrial — — — — 4,236 4,236 Multi-family 563 — 563 574 149 723 Construction — — — — — — Other commercial real estate 184 — 184 192 — 192 Total commercial real estate 747 — 747 766 4,385 5,151 Total corporate loans 997 5,603 6,600 1,030 23,344 24,374 Home equity 83 352 435 86 738 824 1-4 family mortgages 661 410 1,071 680 451 1,131 Installment — — — — — — Total consumer loans 744 762 1,506 766 1,189 1,955 Total loans $ 1,741 $ 6,365 $ 8,106 $ 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. As of September 30, 2018 and December 31, 2017 , respectively, there were no specific reserves and $2.0 million in specific reserves related to TDR s. There were no material restructurings during the quarter and nine months ended September 30, 2018 . The following table presents a summary of loans that were restructured during the quarter and nine months ended September 30, 2017. Loans Restructured During the Period (Dollar amounts in thousands) Number of Loans Pre- Modification Recorded Investment Funds Disbursed Interest and Escrow Capitalized Charge-offs Post- Modification Recorded Investment Quarter ended September 30, 2017 Commercial and industrial 10 $ 25,811 $ 196 $ — $ 1,736 $ 24,271 Office, retail, and industrial 2 3,656 — — — 3,656 Total TDRs restructured during the period 12 $ 29,467 $ 196 $ — $ 1,736 $ 27,927 Nine months ended September 30, 2017 Commercial and industrial 12 $ 26,733 $ 196 $ — $ 1,736 $ 25,193 Office, retail, and industrial 2 3,656 — — — 3,656 Total TDRs restructured during the period 14 $ 30,389 $ 196 $ — $ 1,736 $ 28,849 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 and nine months ended September 30, 2018 and 2017 . A rollforward of the carrying value of TDR s for the quarters and nine months ended September 30, 2018 and 2017 is presented in the following table. TDR Rollforward (Dollar amounts in thousands) Quarters Ended Nine Months Ended 2018 2017 2018 2017 Accruing Beginning balance $ 1,760 $ 2,029 $ 1,796 $ 2,291 Additions — 14,897 — 15,819 Net payments (19 ) (1,798 ) (55 ) (1,905 ) Net transfers to non-accrual — (13,315 ) — (14,392 ) Ending balance 1,741 1,813 1,741 1,813 Non-accrual Beginning balance 8,238 3,036 24,533 6,297 Additions — 14,570 355 14,570 Net payments (1,620 ) (127 ) (14,598 ) (4,352 ) Charge-offs (253 ) (2,132 ) (3,925 ) (2,245 ) Net transfers from accruing — 13,315 — 14,392 Ending balance 6,365 28,662 6,365 28,662 Total TDRs $ 8,106 $ 30,475 $ 8,106 $ 30,475 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 September 30, 2018 or December 31, 2017 . |