Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2016 | Jul. 27, 2016 | |
Document Information [Line Items] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Period End Date | Jun. 30, 2016 | |
Document Fiscal Year Focus | 2,016 | |
Document Fiscal Period Focus | Q2 | |
Entity Registrant Name | PARK NATIONAL CORP /OH/ | |
Entity Central Index Key | 805,676 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Large Accelerated Filer | |
Entity Common Stock, Shares Outstanding | 15,330,796 |
Consolidated Condensed Balance
Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Assets: | ||
Cash and due from banks | $ 119,873 | $ 119,412 |
Money market instruments | 196,016 | 30,047 |
Cash and cash equivalents | 315,889 | 149,459 |
Investment securities: | ||
Securities available-for-sale, at fair value (amortized cost of $1,281,357 and $1,436,714 at June 30, 2016 and December 31, 2015, respectively) | 1,305,574 | 1,436,266 |
Securities held-to-maturity, at amortized cost (fair value of $191,557 and $151,428 at June 30, 2016 and December 31, 2015, respectively) | 184,121 | 149,302 |
Other investment securities | 58,311 | 58,311 |
Total investment securities | 1,548,006 | 1,643,879 |
Loans | 5,127,644 | 5,068,085 |
Allowance for loan losses | (58,699) | (56,494) |
Net loans | 5,068,945 | 5,011,591 |
Bank owned life insurance | 183,143 | 181,684 |
Prepaid assets | 85,962 | 80,635 |
Goodwill | 72,334 | 72,334 |
Premises and equipment, net | 58,962 | 59,493 |
Affordable housing tax credit investments | 47,576 | 51,247 |
Other real estate owned | 17,566 | 18,651 |
Interest Receivable | 17,497 | 18,675 |
Mortgage loan servicing rights | 8,880 | 9,008 |
Other | 6,850 | 14,698 |
Total assets | 7,431,610 | 7,311,354 |
Liabilities and Shareholders' Equity: | ||
Noninterest bearing | 1,378,053 | 1,404,032 |
Interest bearing | 4,245,826 | 3,943,610 |
Total deposits | 5,623,879 | 5,347,642 |
Short-term borrowings | 210,731 | 394,242 |
Long-term debt | 741,174 | 738,105 |
Subordinated debentures and notes | 45,000 | 45,000 |
Unfunded commitments in affordable housing tax credit investments | 15,995 | 20,311 |
Accrued interest payable | 2,336 | 2,338 |
Other | 52,608 | 50,361 |
Total liabilities | 6,691,723 | 6,597,999 |
Shareholders' equity: | ||
Preferred shares (200,000 shares authorized; 0 shares issued) | 0 | 0 |
Common shares (No par value; 20,000,000 shares authorized; 16,150,835 shares issued at June 30, 2016 and 16,150,854 shares issued at December 31, 2015) | 304,756 | 303,966 |
Retained earnings | 517,215 | 507,505 |
Treasury shares (820,039 shares at June 30, 2016 and December 31, 2015) | (82,473) | (82,473) |
Accumulated other comprehensive income (loss), net of taxes | 389 | (15,643) |
Total shareholders' equity | 739,887 | 713,355 |
Total liabilities and shareholders' equity | $ 7,431,610 | $ 7,311,354 |
Consolidated Condensed Balance3
Consolidated Condensed Balance Sheets (Parenthetical) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Securities available-for-sale, amortized cost | $ 1,281,357 | $ 1,436,714 |
Securities held-to-maturity, fair value | $ 191,557 | $ 151,428 |
Preferred Stock, Shares Authorized | 200,000 | 200,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Common stock no par value | $ 0 | $ 0 |
Common stock shares authorized | 20,000,000 | 20,000,000 |
Common stock shares issued | 16,150,835 | 16,150,854 |
Treasury stock shares | 820,039 | 820,039 |
Consolidated Condensed Statemen
Consolidated Condensed Statements Of Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Interest and dividend income: | ||||
Interest and fees on loans | $ 58,401 | $ 56,463 | $ 118,453 | $ 111,875 |
Interest and dividends on: | ||||
Obligations of U.S. Government, its agencies and other securities | 7,770 | 9,113 | 16,379 | 18,502 |
Interest Income, Securities, State and Municipal | 591 | 0 | 964 | 0 |
Other interest income | 249 | 228 | 523 | 445 |
Total interest and dividend income | 67,011 | 65,804 | 136,319 | 130,822 |
Interest on deposits: | ||||
Demand and savings deposits | 933 | 556 | 1,757 | 1,042 |
Time deposits | 2,389 | 2,542 | 4,776 | 5,164 |
Interest on borrowings: | ||||
Short-term borrowings | 82 | 106 | 246 | 239 |
Long-term debt | 6,122 | 6,085 | 12,236 | 12,327 |
Total interest expense | 9,526 | 9,289 | 19,015 | 18,772 |
Net interest income | 57,485 | 56,515 | 117,304 | 112,050 |
Provision for loan losses | 2,637 | 1,612 | 3,547 | 3,244 |
Net interest income after provision for loan losses | 54,848 | 54,903 | 113,757 | 108,806 |
Other income: | ||||
Income from fiduciary activities | 5,438 | 5,210 | 10,551 | 10,122 |
Service charges on deposit accounts | 3,575 | 3,684 | 6,998 | 7,065 |
Other service income | 3,351 | 3,025 | 5,925 | 5,326 |
Checkcard fee income | 3,868 | 3,665 | 7,400 | 7,016 |
Bank owned life insurance income | 1,049 | 1,086 | 2,246 | 2,964 |
ATM Fees | 570 | 614 | 1,153 | 1,192 |
OREO valuation adjustments | (221) | (251) | (339) | (555) |
Gain on sale of OREO, net | 162 | 513 | 296 | 1,186 |
Gain (Loss) on Sales of Loans, Net | 0 | 0 | 0 | 756 |
Other | 944 | 1,645 | 1,895 | 2,992 |
Total other income | 18,736 | 19,191 | 36,125 | 38,064 |
Other expense: | ||||
Salaries and employee benefits | 21,256 | 20,995 | 42,810 | 41,977 |
Employee Benefits and Share-based Compensation | 4,894 | 4,729 | 9,667 | 10,414 |
Occupancy expense | 2,639 | 2,381 | 5,187 | 4,960 |
Furniture and equipment expense | 3,416 | 2,831 | 6,859 | 5,693 |
Data processing fees | 1,373 | 1,197 | 2,590 | 2,464 |
Professional fees and services | 5,401 | 5,583 | 12,068 | 10,277 |
Marketing | 1,073 | 937 | 2,184 | 1,950 |
Insurance | 1,438 | 1,362 | 2,849 | 2,823 |
Communication | 1,353 | 1,233 | 2,574 | 2,564 |
Excise and Sales Taxes | 798 | 883 | 1,724 | 1,930 |
Other expense | 1,665 | 2,536 | 6,693 | 5,335 |
Total other expense | 45,306 | 44,667 | 95,205 | 90,387 |
Income before income taxes | 28,278 | 29,427 | 54,677 | 56,483 |
Income taxes | 8,280 | 8,388 | 15,993 | 16,400 |
Net income | 19,998 | 21,039 | 38,684 | 40,083 |
Net income available to common shareholders | $ 19,998 | $ 21,039 | $ 38,684 | $ 40,083 |
Net income available to common shareholders | ||||
Basic | $ 1.30 | $ 1.37 | $ 2.52 | $ 2.61 |
Diluted | $ 1.30 | $ 1.37 | $ 2.51 | $ 2.60 |
Weighted average common shares outstanding | ||||
Basic | 15,330,802 | 15,370,882 | 15,330,808 | 15,375,026 |
Diluted | 15,399,283 | 15,407,881 | 15,402,896 | 15,411,920 |
Cash dividends declared | $ 0.94 | $ 0.94 | $ 1.88 | $ 1.88 |
Consolidated Condensed Stateme5
Consolidated Condensed Statements of Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Net Income | $ 19,998 | $ 21,039 | $ 38,684 | $ 40,083 |
Other comprehensive income, net of tax: | ||||
Unrealized net holding gain (loss) on securities available-for-sale, net of income tax of $2,343 and $(4,432) for the three months ended June 30, 2016 and 2015, and $8,633 and $(200) for the six months ended June 30, 2016 and 2015, respectively | 4,352 | (8,231) | 16,032 | (372) |
Other comprehensive income (loss) | 4,352 | (8,231) | 16,032 | (372) |
Comprehensive income | $ 24,350 | $ 12,808 | $ 54,716 | $ 39,711 |
Consolidated Condensed Stateme6
Consolidated Condensed Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Statement of Comprehensive Income [Abstract] | ||||
Unrealized net holding gain (loss) on securities available-for-sale, Tax expense | $ 2,343 | $ (4,432) | $ 8,633 | $ (200) |
Consolidated Condensed Stateme7
Consolidated Condensed Statements Of Changes In Stockholders' Equity - USD ($) $ in Thousands | Total | Preferred Stock [Member] | Common Stock [Member] | Retained Earnings [Member] | Treasury Stock At Cost [Member] | Accumulated Other Comprehensive Income (loss) [Member] |
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance | $ 484,484 | |||||
Cumulative Effect of New Accounting Principle in Period of Adoption | (2,057) | |||||
Balance at Dec. 31, 2014 | $ 0 | $ 303,104 | 486,541 | $ (77,439) | $ (13,608) | |
Net Income | $ 40,083 | 40,083 | ||||
Other comprehensive income, net of tax: | ||||||
Unrealized net holding (loss) gain on securities available-for-sale, net of income taxes | (372) | (372) | ||||
Dividends on common shares at $1.88 per share | (28,975) | |||||
Cash payment for fractional shares in dividend reinvestment plan | (1) | |||||
Allocated Share-based Compensation Expense | 470 | 470 | ||||
Treasury Stock, Value, Acquired, Cost Method | (1,783) | |||||
Balance at Jun. 30, 2015 | 0 | 303,573 | 495,592 | (79,222) | (13,980) | |
Balance at Dec. 31, 2015 | 713,355 | 0 | 303,966 | 507,505 | (82,473) | (15,643) |
Net Income | 38,684 | 38,684 | ||||
Other comprehensive income, net of tax: | ||||||
Unrealized net holding (loss) gain on securities available-for-sale, net of income taxes | 16,032 | 16,032 | ||||
Dividends on common shares at $1.88 per share | (28,974) | |||||
Cash payment for fractional shares in dividend reinvestment plan | (2) | |||||
Allocated Share-based Compensation Expense | 792 | 792 | ||||
Balance at Jun. 30, 2016 | $ 739,887 | $ 0 | $ 304,756 | $ 517,215 | $ (82,473) | $ 389 |
Consolidated Condensed Stateme8
Consolidated Condensed Statements Of Changes In Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2016 | Jun. 30, 2015 | |
Statement of Stockholders' Equity [Abstract] | ||
Unrealized net holding gain (loss) on securities available-for-sale, tax | $ 8,633 | $ (200) |
Cash dividends on common stock per share | $ 1.88 | $ 1.88 |
Consolidated Condensed Stateme9
Consolidated Condensed Statements Of Cash Flows - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2016 | Jun. 30, 2015 | |
Operating activities: | ||
Net Income | $ 38,684 | $ 40,083 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Provision for loan losses | 3,547 | 3,244 |
Amortization (accretion) of investment securities, net | 3,504 | 3,243 |
Provision for depreciation | 4,178 | 3,457 |
Amortization (accretion) of investment securities, net | 38 | (130) |
Amortization of prepayment penalty of long-term debt | 3,069 | 3,004 |
Loan originations to be sold in secondary market | (110,666) | (102,628) |
Proceeds from sale of loans in secondary market | 108,009 | 100,465 |
Share-based compensation expense | 792 | 470 |
OREO valuation adjustments | 339 | 555 |
Gain on sale of OREO, net | (296) | (1,186) |
Gain on sale of commercial loans held for sale | 0 | (756) |
Bank owned life insurance income | (2,246) | (2,964) |
Changes in assets and liabilities: | ||
Increase in other assets | (7,074) | (19,117) |
Decrease (increase) in other liabilities | (2,543) | 8,725 |
Net cash provided by operating activities | 37,173 | 34,674 |
Proceeds from maturity of: | ||
Available-for-sale securities | 570,242 | 111,481 |
Held-to-maturity securities | 11,155 | 19,035 |
Purchases of: | ||
Available-for-sale securities | (414,700) | (180,273) |
Payments to Acquire Held-to-maturity Securities | (41,566) | 0 |
Net loan originations, portfolio loans | (55,675) | (76,362) |
Proceeds from the sale of commercial loans held for sale | 900 | |
Investments in qualified affordable housing projects | (4,316) | (4,289) |
Proceeds from the sale of OREO | 3,092 | 12,169 |
Payments to Acquire Life Insurance Policies | 0 | (10,045) |
Life insurance death benefits | 1,050 | 5,221 |
Purchases of premises and equipment, net | (3,929) | (6,703) |
Net cash provided by (used in) investing activities | 65,353 | (128,866) |
Financing activities: | ||
Net increase in deposits | 276,237 | 384,366 |
Net decrease in short-term borrowings | (183,511) | (38,362) |
Proceeds from issuance of long-term debt | 0 | 25,000 |
Repurchase of treasury shares | 0 | (1,783) |
Repayment of long-term debt | 0 | (79,544) |
Cash dividends paid | (28,822) | (28,898) |
Net cash provided by financing activities | 63,904 | 260,779 |
Increase in cash and cash equivalents | 166,430 | 166,587 |
Cash and cash equivalents at beginning of year | 149,459 | 237,699 |
Cash and cash equivalents at end of period | 315,889 | 404,286 |
Supplemental disclosures of cash flow information: | ||
Cash paid for interest | 19,017 | 18,891 |
Cash paid for income taxes | 8,980 | 8,700 |
Non cash activities: | ||
Loans transferred to OREO | 2,147 | 11,101 |
Transfers from loans to commercial loans held for sale | 0 | 144 |
Securities acquired through payable | 4,631 | 0 |
Mortgage Loans on Real Estate [Member] | ||
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Gain on sale of loans in secondary market | 2,162 | $ 1,791 |
Commercial Portfolio Segment [Member] | ||
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Gain on sale of commercial loans held for sale | 0 | |
Purchases of: | ||
Proceeds from the sale of commercial loans held for sale | $ 0 |
Basis Of Presentation
Basis Of Presentation | 6 Months Ended |
Jun. 30, 2016 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Basis Of Presentation | Basis of Presentation The accompanying unaudited consolidated condensed financial statements included in this report have been prepared for Park National Corporation (sometimes also referred to as the “Registrant”) and its subsidiaries. Unless the context otherwise requires, references to "Park", the "Corporation" or the "Company" and similar terms mean Park National Corporation and its subsidiaries. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the results of operations for the interim periods included herein have been made. The results of operations for the three-month period and six-month period ended June 30, 2016 are not necessarily indicative of the operating results to be anticipated for the fiscal year ending December 31, 2016. The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with the instructions for Form 10-Q and, therefore, do not include all information and footnotes necessary for a fair presentation of the condensed balance sheets, condensed statements of income, condensed statements of comprehensive income, condensed statements of changes in shareholders’ equity and condensed statements of cash flows in conformity with United States ("U.S.") generally accepted accounting principles (“U.S. GAAP”). These financial statements should be read in conjunction with the consolidated financial statements incorporated by reference in the Annual Report on Form 10-K of Park for the fiscal year ended December 31, 2015 from Park’s 2015 Annual Report to Shareholders (“Park's 2015 Annual Report”). Certain prior period amounts have been reclassified to conform to the current period presentation. Park’s significant accounting policies are described in Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2015 Annual Report. For interim reporting purposes, Park follows the same basic accounting policies, as updated by the information contained in this report, and considers each interim period an integral part of an annual period. |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 6 Months Ended |
Jun. 30, 2016 | |
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | |
Recent Accounting Pronouncements | Recent Accounting Pronouncements ASU 2014-09 - Revenue from Contracts with Customers (Topic 606): In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The ASU creates a new topic, Topic 606, to provide guidance on revenue recognition for entities that enter into contracts with customers to transfer goods or services or enter into contracts for the transfer of nonfinancial assets. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Additional disclosures are required to provide quantitative and qualitative information regarding the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The new guidance is effective for annual reporting periods, and interim reporting periods within those annual periods, beginning after December 15, 2017. Management is currently evaluating the impact of the adoption of this guidance on Park's consolidated financial statements. ASU 2015-02 - Consolidation (Topic 810): Amendments to the Consolidation Analysis : In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810) : Amendments to the Consolidation Analysis . The ASU amends the current consolidation guidance and affects both the variable interest entity and voting interest entity consolidation models. The new guidance is effective for annual reporting periods and interim reporting periods within those annual periods, beginning after December 15, 2015. The adoption of this guidance on January 1, 2016 did not have an impact on Park’s consolidated financial statements. ASU 2016-01 - Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. In January 2016, the FASB issued ASU 2016-01 - Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. Changes to the current U.S. GAAP model primarily affects the accounting for equity investments, financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. In addition, the ASU clarifies guidance related to the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale securities. The new guidance is effective for annual reporting periods and interim reporting periods within those annual periods, beginning after December 15, 2017. Management is currently evaluating the impact of the adoption of this guidance on Park’s consolidated financial statements. ASU 2016-02 - Leases (Topic 842): In February 2016, the FASB issued ASU 2016-02 - Leases (Topic 842) . The ASU will require all organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. Additional qualitative and quantitative disclosures will be required so that users can understand more about the nature of an entity’s leasing activities. The new guidance is effective for annual reporting periods and interim reporting periods within those annual periods, beginning after December 15, 2018. Early adoption is permitted. Management is currently evaluating the impact of the adoption of this guidance on Park’s consolidated financial statements. ASU 2016-09 - Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting: In March 2016, FASB issued ASU 2016-09 - Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . The ASU provides simplification for several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The new guidance is effective for annual reporting periods and interim reporting periods within those annual periods, beginning after December 15, 2016. Early adoption is permitted. Management is currently evaluating the impact of the adoption of this guidance on Park’s consolidated financial statements. ASU 2016-13 - Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments: In June 2016, FASB issued ASU 2016-13 - Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The new guidance replaces the incurred loss model with an expected loss model, which is referred to as the current expected credit loss (CECL) model. Upon initial recognition of the exposure, the CECL model requires an entity to estimate the credit losses expected over the life of an exposure. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loan receivables, held-to-maturity (HTM) debt securities, and reinsurance receivables. It also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in leases recognized by a lessor. The new guidance is effective for annual reporting periods and interim reporting periods within those annual periods, beginning after December 15, 2019. Early adoption is permitted for annual reporting periods and interim reporting periods within those annual periods, beginning after December 15, 2018. Management is currently evaluating the impact of the adoption of this guidance on Park's consolidated financial statements. |
Loans
Loans | 6 Months Ended |
Jun. 30, 2016 | |
Loans and Leases Receivable Disclosure [Abstract] | |
Loans | Loans The composition of the loan portfolio, by class of loan, as of June 30, 2016 and December 31, 2015 was as follows: June 30, 2016 December 31, 2015 (In thousands) Loan Balance Accrued Interest Receivable Recorded Investment Loan Balance Accrued Interest Receivable Recorded Investment Commercial, financial and agricultural * $ 964,072 $ 3,503 $ 967,575 $ 955,727 $ 3,437 $ 959,164 Commercial real estate * 1,131,067 3,622 1,134,689 1,113,603 4,009 1,117,612 Construction real estate: SEPH commercial land and development 1,700 — 1,700 2,044 — 2,044 Remaining commercial 127,108 299 127,407 128,046 321 128,367 Mortgage 38,260 70 38,330 36,722 75 36,797 Installment 5,756 20 5,776 6,533 21 6,554 Residential real estate: Commercial 409,361 931 410,292 410,571 1,014 411,585 Mortgage 1,197,704 1,701 1,199,405 1,210,819 1,469 1,212,288 HELOC 213,390 791 214,181 211,415 769 212,184 Installment 19,768 70 19,838 22,638 78 22,716 Consumer 1,015,809 2,979 1,018,788 967,111 3,032 970,143 Leases 3,649 30 3,679 2,856 14 2,870 Total loans $ 5,127,644 $ 14,016 $ 5,141,660 $ 5,068,085 $ 14,239 $ 5,082,324 * Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. Loans are shown net of deferred origination fees, costs and unearned income of $10.5 million at June 30, 2016 and $10.4 million at December 31, 2015 , which represented a net deferred income position in both periods. Overdrawn deposit accounts of $1.8 million and $1.7 million have been reclassified to loans at June 30, 2016 and December 31, 2015 , respectively, and are included in the commercial, financial and agricultural loan class above. Credit Quality The following tables present the recorded investment in nonaccrual loans, accruing troubled debt restructurings (TDRs), and loans past due 90 days or more and still accruing by class of loan as of June 30, 2016 and December 31, 2015 : June 30, 2016 (In thousands) Nonaccrual Loans Accruing Troubled Debt Restructurings Loans Past Due 90 Days or More and Accruing Total Nonperforming Loans Commercial, financial and agricultural $ 29,159 $ 664 $ — $ 29,823 Commercial real estate 24,845 5,044 — 29,889 Construction real estate: SEPH commercial land and development 1,700 — — 1,700 Remaining commercial 3,962 424 — 4,386 Mortgage — 107 — 107 Installment 51 107 — 158 Residential real estate: Commercial 25,070 — — 25,070 Mortgage 21,695 9,348 1,200 32,243 HELOC 1,738 726 233 2,697 Installment 634 607 152 1,393 Consumer 2,575 751 771 4,097 Total loans $ 111,429 $ 17,778 $ 2,356 $ 131,563 December 31, 2015 (In thousands) Nonaccrual Loans Accruing Troubled Debt Restructurings Loans Past Due 90 Days or More and Accruing Total Nonperforming Loans Commercial, financial and agricultural $ 21,676 $ 8,947 $ — $ 30,623 Commercial real estate 15,268 2,757 — 18,025 Construction real estate: SEPH commercial land and development 2,044 — — 2,044 Remaining commercial 4,162 514 — 4,676 Mortgage 7 110 — 117 Installment 64 114 — 178 Residential real estate: Commercial 25,063 261 — 25,324 Mortgage 20,378 10,143 851 31,372 HELOC 1,749 873 27 2,649 Installment 1,657 635 4 2,296 Consumer 3,819 734 1,093 5,646 Total loans $ 95,887 $ 25,088 $ 1,975 $ 122,950 The following table provides additional information regarding those nonaccrual loans and accruing TDR loans that were individually evaluated for impairment and those collectively evaluated for impairment as of June 30, 2016 and December 31, 2015 . June 30, 2016 December 31, 2015 (In thousands) Nonaccrual and Accruing Troubled Debt Restructurings Loans Individually Evaluated for Impairment Loans Collectively Evaluated for Impairment Nonaccrual and Accruing Troubled Debt Restructurings Loans Individually Evaluated for Impairment Loans Collectively Evaluated for Impairment Commercial, financial and agricultural $ 29,823 $ 29,779 $ 44 $ 30,623 $ 30,595 $ 28 Commercial real estate 29,889 29,889 — 18,025 18,025 — Construction real estate: SEPH commercial land and development 1,700 1,700 — 2,044 2,044 — Remaining commercial 4,386 4,386 — 4,676 4,676 — Mortgage 107 — 107 117 — 117 Installment 158 — 158 178 — 178 Residential real estate: Commercial 25,070 25,070 — 25,324 25,324 — Mortgage 31,043 — 31,043 30,521 — 30,521 HELOC 2,464 — 2,464 2,622 — 2,622 Installment 1,241 — 1,241 2,292 — 2,292 Consumer 3,326 20 3,306 4,553 — 4,553 Total loans $ 129,207 $ 90,844 $ 38,363 $ 120,975 $ 80,664 $ 40,311 All of the loans individually evaluated for impairment were evaluated using the fair value of the underlying collateral or the present value of expected future cash flows as the measurement method. The following table presents loans individually evaluated for impairment by class of loan, together with the related allowance recorded, as of June 30, 2016 and December 31, 2015 . June 30, 2016 December 31, 2015 (In thousands) Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated With no related allowance recorded: Commercial, financial and agricultural $ 31,097 $ 16,996 $ — $ 32,583 $ 18,763 $ — Commercial real estate 28,658 28,363 — 15,138 14,916 — Construction real estate: SEPH commercial land and development 6,768 1,700 — 10,834 2,044 — Remaining commercial 1,714 1,698 — 2,506 1,531 — Residential real estate: Commercial 24,297 23,617 — 23,798 23,480 — With an allowance recorded: Commercial, financial and agricultural 16,917 12,783 4,295 16,155 11,832 1,904 Commercial real estate 1,526 1,526 275 3,195 3,109 381 Construction real estate: Remaining commercial 2,688 2,688 1,304 3,145 3,145 1,356 Residential real estate: Commercial 1,502 1,453 393 1,951 1,844 550 Consumer 20 20 20 — — — Total $ 115,187 $ 90,844 $ 6,287 $ 109,305 $ 80,664 $ 4,191 Management’s general practice is to proactively charge down loans individually evaluated for impairment to the fair value of the underlying collateral. At June 30, 2016 and December 31, 2015 , there were $20.2 million and $24.2 million , respectively, of partial charge-offs on loans individually evaluated for impairment with no related allowance recorded and $4.2 million and $4.5 million , respectively, of partial charge-offs on loans individually evaluated for impairment that also had a specific reserve allocated. The allowance for loan losses included specific reserves of $6.3 million and $4.2 million related to loans individually evaluated for impairment at June 30, 2016 and December 31, 2015 , respectively. These loans with specific reserves had a recorded investment of $18.5 million and $19.9 million as of June 30, 2016 and December 31, 2015 , respectively. Interest income on loans individually evaluated for impairment is recognized on a cash basis only when Park expects to receive the entire recorded investment of the loan. The following table presents the average recorded investment and interest income recognized subsequent to impairment on loans individually evaluated for impairment as of and for the three months and six months ended June 30, 2016 and June 30, 2015 : Three Months Ended Three Months Ended (In thousands) Recorded Investment as of June 30, 2016 Average Recorded Investment Interest Income Recognized Recorded Investment as of June 30, 2015 Average Recorded Investment Interest Income Recognized Commercial, financial and agricultural $ 29,779 $ 28,600 $ 308 $ 20,429 $ 18,220 $ 140 Commercial real estate 29,889 22,177 185 17,647 16,850 123 Construction real estate: SEPH commercial land and development 1,700 1,957 — 2,047 2,068 — Remaining commercial 4,386 4,438 15 6,032 5,611 6 Residential real estate: Commercial 25,070 24,648 340 24,441 24,443 273 Consumer 20 5 — — — — Total $ 90,844 $ 81,825 $ 848 $ 70,596 $ 67,192 $ 542 Six Months Ended Six Months Ended (In thousands) Recorded investment as of June 30, 2016 Average recorded investment Interest income recognized Recorded investment as of June 30, 2015 Average recorded investment Interest income recognized Commercial, financial and agricultural $ 29,779 $ 29,319 $ 546 $ 20,429 $ 18,830 $ 271 Commercial real estate 29,889 19,863 365 17,647 18,058 286 Construction real estate: SEPH commercial land and development 1,700 1,994 — 2,047 2,072 8 Remaining commercial 4,386 4,570 28 6,032 5,644 11 Residential real estate: Commercial 25,070 24,795 2,305 24,441 24,864 528 Consumer 20 3 — — — — Total $ 90,844 $ 80,544 $ 3,244 $ 70,596 $ 69,468 $ 1,104 The following tables present the aging of the recorded investment in past due loans as of June 30, 2016 and December 31, 2015 by class of loan. June 30, 2016 (In thousands) Accruing Loans Past Due 30-89 Days Past Due Nonaccrual Loans and Loans Past Due 90 Days or More and Accruing (1) Total Past Due Total Current (2) Total Recorded Investment Commercial, financial and agricultural $ 311 $ 8,178 $ 8,489 $ 959,086 $ 967,575 Commercial real estate 359 2,863 3,222 1,131,467 1,134,689 Construction real estate: SEPH commercial land and development — 1,700 1,700 — 1,700 Remaining commercial — 110 110 127,297 127,407 Mortgage 134 — 134 38,196 38,330 Installment 216 16 232 5,544 5,776 Residential real estate: Commercial 70 10,696 10,766 399,526 410,292 Mortgage 9,061 11,121 20,182 1,179,223 1,199,405 HELOC 548 902 1,450 212,731 214,181 Installment 161 548 709 19,129 19,838 Consumer 9,766 1,411 11,177 1,007,611 1,018,788 Leases — — — 3,679 3,679 Total loans $ 20,626 $ 37,545 $ 58,171 $ 5,083,489 $ 5,141,660 (1) Includes $2.4 million of loans past due 90 days or more and accruing. The remaining are past due nonaccrual loans. (2) Includes $75.2 million of nonaccrual loans which are current in regards to contractual principal and interest payments. December 31, 2015 (in thousands) Accruing Loans Past Due 30-89 Days Past Due Total Past Due Total Current (2) Total Recorded Investment Commercial, financial and agricultural $ 670 $ 7,536 $ 8,206 $ 950,958 $ 959,164 Commercial real estate 142 530 672 1,116,940 1,117,612 Construction real estate: SEPH commercial land and development — 2,044 2,044 — 2,044 Remaining commercial 165 84 249 128,118 128,367 Mortgage 63 7 70 36,727 36,797 Installment 200 46 246 6,308 6,554 Residential real estate: Commercial 325 19,521 19,846 391,739 411,585 Mortgage 10,569 8,735 19,304 1,192,984 1,212,288 HELOC 487 186 673 211,511 212,184 Installment 426 318 744 21,972 22,716 Consumer 11,458 3,376 14,834 955,309 970,143 Leases — — — 2,870 2,870 Total loans $ 24,505 $ 42,383 $ 66,888 $ 5,015,436 $ 5,082,324 (1) Includes $2.0 million of loans past due 90 days or more and accruing. The remaining are past due nonaccrual loans. (2) Includes $55.5 million of nonaccrual loans which are current in regards to contractual principal and interest payments. Credit Quality Indicators Management utilizes past due information as a credit quality indicator across the loan portfolio. Past due information as of June 30, 2016 and December 31, 2015 is included in the tables above. The past due information is the primary credit quality indicator within the following classes of loans: (1) mortgage loans and installment loans in the construction real estate segment; (2) mortgage loans, HELOC and installment loans in the residential real estate segment; and (3) consumer loans. The primary credit indicator for commercial loans is based on an internal grading system that grades commercial loans on a scale from 1 to 8. Credit grades are continuously monitored by the responsible loan officer and adjustments are made when appropriate. A grade of 1 indicates little or no credit risk and a grade of 8 is considered a loss. Commercial loans that are pass-rated (graded an 1 through a 4) are considered to be of acceptable credit risk. Commercial loans graded a 5 (special mention) are considered to be watch list credits and a higher loan loss reserve percentage is allocated to these loans. Loans classified as special mention have potential weaknesses that require management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of Park’s credit position at some future date. Commercial loans graded 6 (substandard), also considered to be watch list credits, are considered to represent higher credit risk and, as a result, a higher loan loss reserve percentage is allocated to these loans. Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or the value of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that Park will sustain some loss if the deficiencies are not corrected. Commercial loans that are graded a 7 (doubtful) are shown as nonaccrual and Park generally charges these loans down to their fair value by taking a partial charge-off or recording a specific reserve. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Certain 6-rated loans and all 7-rated loans are placed on nonaccrual status and included within the impaired category. A loan is deemed impaired when management determines the borrower's ability to perform in accordance with the contractual loan agreement is in doubt. Any commercial loan graded an 8 (loss) is completely charged off. The tables below present the recorded investment by loan grade at June 30, 2016 and December 31, 2015 for all commercial loans: June 30, 2016 (In thousands) 5 Rated 6 Rated Nonaccrual and Accruing Troubled Debt Restructurings Pass-Rated Recorded Investment Commercial, financial and agricultural * $ 3,471 $ 105 $ 29,823 $ 934,176 $ 967,575 Commercial real estate * 4,471 447 29,889 1,099,882 1,134,689 Construction real estate: SEPH commercial land and development — — 1,700 — 1,700 Remaining commercial 706 120 4,386 122,195 127,407 Residential real estate: Commercial 1,329 372 25,070 383,521 410,292 Leases — — — 3,679 3,679 Total commercial loans $ 9,977 $ 1,044 $ 90,868 $ 2,543,453 $ 2,645,342 * Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. December 31, 2015 (In thousands) 5 Rated 6 Rated Nonaccrual and Accruing Troubled Debt Restructurings Pass-Rated Recorded Investment Commercial, financial and agricultural * $ 4,392 $ 347 $ 30,623 $ 923,802 $ 959,164 Commercial real estate * 14,880 3,417 18,025 1,081,290 1,117,612 Construction real estate: SEPH commercial land and development — — 2,044 — 2,044 Remaining commercial 2,151 122 4,676 121,418 128,367 Residential real estate: Commercial 3,280 386 25,324 382,595 411,585 Leases — — — 2,870 2,870 Total Commercial Loans $ 24,703 $ 4,272 $ 80,692 $ 2,511,975 $ 2,621,642 * Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. Troubled Debt Restructurings ("TDRs") Management classifies loans as TDRs when a borrower is experiencing financial difficulties and Park has granted a concession to the borrower as part of a modification or in the loan renewal process. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of the borrower's debt in the foreseeable future without the modification. This evaluation is performed in accordance with the Company’s internal underwriting policy. Management’s policy is to modify loans by extending the term or by granting a temporary or permanent contractual interest rate below the market rate, not by forgiving debt. A court's discharge of a borrower's debt in a Chapter 7 bankruptcy is considered a concession when the borrower does not reaffirm the discharged debt. Certain loans which were modified during the three -month and six -month periods ended June 30, 2016 and June 30, 2015 did not meet the definition of a TDR as the modification was a delay in a payment that was considered to be insignificant. Management considers a forbearance period of up to three months or a delay in payment of up to 30 days to be insignificant. TDRs may be classified as accruing if the borrower has been current for a period of at least six months with respect to loan payments and management expects that the borrower will be able to continue to make payments in accordance with the terms of the restructured note. Management reviews all accruing TDRs quarterly to ensure payments continue to be made in accordance with the modified terms. Management reviews renewals/modifications of loans previously identified as TDRs to consider if it is appropriate to remove the TDR classification. If the borrower is no longer experiencing financial difficulty and the renewal/modification does not contain a concessionary interest rate or other concessionary terms, management considers the potential removal of the TDR classification. If deemed appropriate, the TDR classification is removed as the borrower has complied with the terms of the loan at the date of the renewal/modification and there was a reasonable expectation that the borrower would continue to comply with the terms of the loan subsequent to the date of the renewal/modification. The majority of these TDRs were originally considered restructurings in a prior year as a result of a renewal/modification with an interest rate that was not commensurate with the risk of the underlying loan at the time of the renewal/modification. During the three -month and six -month periods ended June 30, 2016 , Park removed the TDR classification on $917,000 and $1.7 million , respectively, of loans that met the requirements discussed above. The TDR classification was not removed on any loans during the three -month and six -month periods ended June 30, 2015 . At June 30, 2016 and December 31, 2015 , there were $49.6 million and $41.1 million , respectively, of TDRs included in the nonaccrual loan totals. At June 30, 2016 and December 31, 2015 , $42.0 million and $19.1 million of these nonaccrual TDRs were performing in accordance with the terms of the restructured note. As of June 30, 2016 and December 31, 2015 , there were $17.8 million and $25.1 million , respectively, of TDRs included in accruing loan totals. Management will continue to review the restructured loans and may determine it appropriate to move certain of the loans back to accrual status in the future. At June 30, 2016 and December 31, 2015 , Park had commitments to lend $2.5 million and $2.3 million , respectively, of additional funds to borrowers whose outstanding loan terms had been modified in a TDR. The specific reserve related to TDRs at June 30, 2016 and December 31, 2015 was $4.0 million and $2.3 million , respectively. Modifications made in 2015 and 2016 were largely the result of renewals and extending the maturity date of the loan at terms consistent with the original note. These modifications were deemed to be TDRs primarily due to Park’s conclusion that the borrower would likely not have qualified for similar terms through another lender. Many of the modifications deemed to be TDRs were previously identified as impaired loans, and thus were also previously evaluated for impairment under Accounting Standards Codification (ASC) 310. Additional specific reserves of $950,000 and $975,000 were recorded during the three -month and six -month periods ended June 30, 2016 , respectively, as a result of TDRs identified in 2016. Additional specific reserves of $104,000 and $961,000 were recorded during the three -month and six -month periods ended June 30, 2015 , respectively, as a result of TDRs identified in 2015 . The terms of certain other loans were modified during the six -month periods ended June 30, 2016 and June 30, 2015 that did not meet the definition of a TDR. Modified substandard commercial loans which did not meet the definition of a TDR had a total recorded investment as of June 30, 2016 and June 30, 2015 of $33,000 and $112,000 , respectively. The renewal/modification of these loans: (1) involved a renewal/modification of the terms of a loan to a borrower who was not experiencing financial difficulties, (2) resulted in a delay in a payment that was considered to be insignificant, or (3) resulted in Park obtaining additional collateral or guarantees that improved the likelihood of the ultimate collection of the loan such that the modification was deemed to be at market terms. Modified consumer loans which did not meet the definition of a TDR had a total recorded investment of $4.4 million and $10.4 million , as of June 30, 2016 and June 30, 2015 , respectively. Many of these loans were to borrowers who were not experiencing financial difficulties but who were looking to reduce their cost of funds. The following tables detail the number of contracts modified as TDRs during the three -month and six -month periods ended June 30, 2016 and June 30, 2015 , as well as the recorded investment of these contracts at June 30, 2016 and June 30, 2015 . The recorded investment pre- and post-modification is generally the same due to the fact that Park does not typically provide for forgiveness of principal. Three Months Ended (In thousands) Number of Contracts Accruing Nonaccrual Total Recorded Investment Commercial, financial and agricultural 10 $ 51 $ 3,248 $ 3,299 Commercial real estate 4 3,326 581 3,907 Construction real estate: SEPH commercial land and development — — — — Remaining commercial 1 — 196 196 Mortgage — — — — Installment 1 — 10 10 Residential real estate: Commercial 1 — 132 132 Mortgage 4 — 441 441 HELOC 2 17 38 55 Installment 2 39 3 42 Consumer 85 122 623 745 Total loans 110 $ 3,555 $ 5,272 $ 8,827 Three Months Ended (In thousands) Number of Contracts Accruing Nonaccrual Total Recorded Investment Commercial, financial and agricultural 12 $ 896 $ 893 $ 1,789 Commercial real estate — — — — Construction real estate: SEPH commercial land and development — — — — Remaining commercial — — — — Mortgage — — — — Installment 1 — 20 20 Residential real estate: Commercial 6 — 832 832 Mortgage 8 39 502 541 HELOC 6 37 37 74 Installment 3 — 57 57 Consumer 90 40 626 666 Total loans 126 $ 1,012 $ 2,967 $ 3,979 Of those loans which were modified and determined to be a TDR during the three -month period ended June 30, 2016 , $1.9 million were on nonaccrual status as of December 31, 2015 . Of those loans which were modified and determined to be a TDR during the three -month period ended June 30, 2015 , $301,000 were on nonaccrual status as of December 31, 2014 . Six Months Ended (In thousands) Number of Contracts Accruing Nonaccrual Total Recorded Investment Commercial, financial and agricultural 17 $ 51 $ 3,945 $ 3,996 Commercial real estate 4 3,327 581 3,908 Construction real estate: SEPH commercial land and development — — — — Remaining commercial 1 — 196 196 Mortgage — — — — Installment 1 — 10 10 Residential real estate: Commercial 3 — 695 695 Mortgage 9 98 654 752 HELOC 8 80 157 237 Installment 2 39 3 42 Consumer 149 134 824 958 Total loans 194 $ 3,729 $ 7,065 $ 10,794 Six Months Ended (In thousands) Number of Contracts Accruing Nonaccrual Total Recorded Investment Commercial, financial and agricultural 25 $ 1,107 $ 1,399 $ 2,506 Commercial real estate 6 — 1,291 1,291 Construction real estate: SEPH commercial land and development — — — — Remaining commercial — — — — Mortgage 1 — 20 20 Installment 1 — 21 21 Residential real estate: Commercial 9 — 1,266 1,266 Mortgage 15 365 704 1,069 HELOC 16 228 114 342 Installment 3 — 57 57 Consumer 156 53 791 844 Total loans 232 $ 1,753 $ 5,663 $ 7,416 Of those loans which were modified and determined to be a TDR during the six -month period ended June 30, 2016 , $2.8 million were on nonaccrual status as of December 31, 2015 . Of those loans which were modified and determined to be a TDR during the six -month period ended June 30, 2015 , $1.3 million were on nonaccrual status as of December 31, 2014 . The following tables present the recorded investment in financing receivables which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month and six -month periods ended June 30, 2016 and June 30, 2015 , respectively. For these tables, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional allowance for loan loss resulting from the defaults on TDR loans was immaterial. Three Months Ended Three Months Ended (In thousands) Number of Contracts Recorded Investment Number of Contracts Recorded Investment Commercial, financial and agricultural — $ — 5 $ 56 Commercial real estate 1 582 2 250 Construction real estate: SEPH commercial land and development — — — — Remaining commercial — — — — Mortgage — — — — Installment — — 1 20 Residential real estate: Commercial 2 563 1 102 Mortgage 3 288 13 793 HELOC — — 1 5 Installment 1 3 3 60 Consumer 39 311 60 441 Leases — — — — Total loans 46 $ 1,747 86 $ 1,727 Of the $1.7 million in modified TDRs which defaulted during the three months ended June 30, 2016 , $58,000 were accruing loans and $1.7 million were nonaccrual loans. Of the $1.7 million in modified TDRs which defaulted during the three months ended June 30, 2015 , there were $118,000 accruing loans and $1.6 million were nonaccrual loans. Six Months Ended Six Months Ended (In thousands) Number of Contracts Recorded Investment Number of Contracts Recorded Investment Commercial, financial and agricultural — $ — 5 $ 56 Commercial real estate 1 582 2 250 Construction real estate: SEPH commercial land and development — — — — Remaining commercial — — — — Mortgage — — — — Installment — — 1 20 Residential real estate: Commercial 2 563 1 102 Mortgage 3 288 14 796 HELOC — — 1 5 Installment 1 3 3 60 Consumer 42 339 64 464 Leases — — — — Total loans 49 $ 1,775 91 $ 1,753 Of the $1.8 million in modified TDRs which defaulted during the six months ended June 30, 2016 , $58,000 were accruing loans and $1.7 million were nonaccrual loans. Of the $1.8 million in modified TDRs which defaulted during the six months ended June 30, 2015 , $118,000 were accruing loans and $1.6 million were nonaccrual loans. |
Allowance For Loan Losses
Allowance For Loan Losses | 6 Months Ended |
Jun. 30, 2016 | |
Allowance for Loan and Lease Losses Write-offs, Net [Abstract] | |
Allowance For Loan Losses | Allowance for Loan Losses The allowance for loan losses is that amount management believes is adequate to absorb probable incurred credit losses in the loan portfolio based on management’s evaluation of various factors including overall growth in the loan portfolio, an analysis of individual loans, prior and current loss experience, and current economic conditions. A provision for loan losses is charged to operations based on management’s periodic evaluation of these and other pertinent factors as discussed within Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2015 Annual Report. Management updates historical losses annually in the fourth quarter, or more frequently as deemed appropriate. With the inclusion of 2013 net charge-off information, management concluded that it was no longer appropriate to calculate the historical loss average with an even allocation across the five-year period. Rather than apply a 20% allocation to each year in the calculation of the historical annualized loss factor, management determined that it was appropriate to more heavily weight those years with higher losses in the historical loss calculation, given the continued uncertainty in the current economic environment. Specifically, rather than applying equal percentages to each year in the historical loss calculation, management applied more weight to the 2009-2011 periods compared to the 2012 and 2013 periods. Management extended the historical loss period to six years in 2014 and to seven years in 2015. Due to the same factors that management considered in 2013, management has continued to apply more weight to the 2009 through 2011 periods compared to the 2012 through 2015 periods. The activity in the allowance for loan losses for the three and six months ended June 30, 2016 and June 30, 2015 is summarized below. Three Months Ended (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Beginning balance $ 14,240 $ 9,452 $ 8,687 $ 13,388 $ 11,180 $ 1 $ 56,948 Charge-offs 870 77 18 736 2,718 — 4,419 Recoveries 216 1,814 110 407 985 1 3,533 Net charge-offs/(recoveries) 654 (1,737 ) (92 ) 329 1,733 (1 ) 886 Provision/(recovery) 2,892 (1,986 ) (523 ) 121 2,134 (1 ) 2,637 Ending balance $ 16,478 $ 9,203 $ 8,256 $ 13,180 $ 11,581 $ 1 $ 58,699 Three Months Ended (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Beginning balance $ 11,361 $ 9,296 $ 8,755 $ 14,512 $ 11,484 $ — $ 55,408 Charge-offs 499 153 37 735 1,603 — 3,027 Recoveries 281 1,128 679 423 922 1 3,434 Net charge-offs/(recoveries) 218 (975 ) (642 ) 312 681 (1 ) (407 ) Provision/(recovery) 981 (804 ) (727 ) 1,068 1,095 (1 ) 1,612 Ending balance $ 12,124 $ 9,467 $ 8,670 $ 15,268 $ 11,898 $ — $ 57,427 Six Months Ended (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Beginning balance $ 13,694 $ 9,197 $ 8,564 $ 13,514 $ 11,524 $ 1 $ 56,494 Charge-offs 1,144 78 18 1,483 5,097 — 7,820 Recoveries 643 2,032 1,049 878 1,875 1 6,478 Net charge-offs/(recoveries) 501 (1,954 ) (1,031 ) 605 3,222 (1 ) 1,342 Provision/(recovery) 3,285 (1,948 ) (1,339 ) 271 3,279 (1 ) 3,547 Ending balance $ 16,478 $ 9,203 $ 8,256 $ 13,180 $ 11,581 $ 1 $ 58,699 Six Months Ended (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Beginning balance $ 10,719 $ 8,808 $ 8,652 $ 14,772 $ 11,401 $ — $ 54,352 Charge-offs 851 283 37 1,157 4,117 — 6,445 Recoveries 572 1,802 964 1,347 1,588 3 6,276 Net charge-offs/(recoveries) 279 (1,519 ) (927 ) (190 ) 2,529 (3 ) 169 Provision/(recovery) 1,684 (860 ) (909 ) 306 3,026 (3 ) 3,244 Ending balance $ 12,124 $ 9,467 $ 8,670 $ 15,268 $ 11,898 $ — $ 57,427 Loans collectively evaluated for impairment in the following tables include all performing loans at June 30, 2016 and December 31, 2015 , as well as nonperforming loans internally classified as consumer loans. Nonperforming consumer loans are not typically individually evaluated for impairment, but receive a portion of the statistical allocation of the allowance for loan losses. Loans individually evaluated for impairment include all impaired loans internally classified as commercial loans at June 30, 2016 and December 31, 2015 , which are evaluated for impairment in accordance with U.S. GAAP (see Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2015 Annual Report). The composition of the allowance for loan losses at June 30, 2016 and December 31, 2015 was as follows: June 30, 2016 (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Ending allowance balance attributed to loans: Individually evaluated for impairment $ 4,295 $ 275 $ 1,304 $ 393 $ 20 $ — $ 6,287 Collectively evaluated for impairment 12,183 8,928 6,952 12,787 11,561 1 52,412 Total ending allowance balance $ 16,478 $ 9,203 $ 8,256 $ 13,180 $ 11,581 $ 1 $ 58,699 Loan balance: Loans individually evaluated for impairment $ 29,774 $ 29,880 $ 6,084 $ 25,070 $ 20 $ — $ 90,828 Loans collectively evaluated for impairment 934,298 1,101,187 166,740 1,815,153 1,015,789 3,649 5,036,816 Total ending loan balance $ 964,072 $ 1,131,067 $ 172,824 $ 1,840,223 $ 1,015,809 $ 3,649 $ 5,127,644 Allowance for loan losses as a percentage of loan balance: Loans individually evaluated for impairment 14.43 % 0.92 % 21.43 % 1.57 % — % — % 6.92 % Loans collectively evaluated for impairment 1.30 % 0.81 % 4.17 % 0.70 % 1.14 % 0.03 % 1.04 % Total 1.71 % 0.81 % 4.78 % 0.72 % 1.14 % 0.03 % 1.14 % Recorded investment: Loans individually evaluated for impairment $ 29,779 $ 29,889 $ 6,086 $ 25,070 $ 20 $ — $ 90,844 Loans collectively evaluated for impairment 937,796 1,104,800 167,127 1,818,646 1,018,768 3,679 5,050,816 Total ending recorded investment $ 967,575 $ 1,134,689 $ 173,213 $ 1,843,716 $ 1,018,788 $ 3,679 $ 5,141,660 December 31, 2015 (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Ending allowance balance attributed to loans: Individually evaluated for impairment $ 1,904 $ 381 $ 1,356 $ 550 $ — $ — $ 4,191 Collectively evaluated for impairment 11,790 8,816 7,208 12,964 11,524 1 52,303 Total ending allowance balance $ 13,694 $ 9,197 $ 8,564 $ 13,514 $ 11,524 $ 1 $ 56,494 Loan balance: Loans individually evaluated for impairment $ 30,545 $ 18,015 $ 6,716 $ 25,323 $ — $ — $ 80,599 Loans collectively evaluated for impairment 925,182 1,095,588 166,629 1,830,120 967,111 2,856 4,987,486 Total ending loan balance $ 955,727 $ 1,113,603 $ 173,345 $ 1,855,443 $ 967,111 $ 2,856 $ 5,068,085 Allowance for loan losses as a percentage of loan balance: Loans individually evaluated for impairment 6.23 % 2.11 % 20.19 % 2.17 % — % — % 5.20 % Loans collectively evaluated for impairment 1.27 % 0.80 % 4.33 % 0.71 % 1.19 % 0.04 % 1.05 % Total 1.43 % 0.83 % 4.94 % 0.73 % 1.19 % 0.04 % 1.11 % Recorded investment: Loans individually evaluated for impairment $ 30,595 $ 18,025 $ 6,720 $ 25,324 $ — $ — $ 80,664 Loans collectively evaluated for impairment 928,569 1,099,587 167,042 1,833,449 970,143 2,870 5,001,660 Total ending recorded investment $ 959,164 $ 1,117,612 $ 173,762 $ 1,858,773 $ 970,143 $ 2,870 $ 5,082,324 |
Other Real Estate Owned (Notes)
Other Real Estate Owned (Notes) | 6 Months Ended |
Jun. 30, 2016 | |
Other Real Estate Owned [Abstract] | |
Real Estate Owned [Text Block] | Other Real Estate Owned ("OREO") Park typically transfers a loan to OREO at the time that Park takes deed/title to the asset. The carrying amount of foreclosed properties held at June 30, 2016 and December 31, 2015 are listed below, as well as the recorded investment of loans secured by residential real estate properties for which formal foreclosure proceedings were in process at those dates. (in thousands) June 30, 2016 December 31, 2015 OREO: Commercial real estate $ 8,182 $ 8,333 Construction real estate 7,095 7,259 Residential real estate 2,289 3,059 Total OREO $ 17,566 $ 18,651 Loans in process of foreclosure: Residential real estate $ 2,599 $ 2,021 |
Earnings Per Common Share
Earnings Per Common Share | 6 Months Ended |
Jun. 30, 2016 | |
Earnings Per Share [Abstract] | |
Earnings Per Common Share | Earnings Per Common Share The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2016 and 2015 . Three Months Ended Six Months Ended (In thousands, except share and per common share data) 2016 2015 2016 2015 Numerator: Net income available to common shareholders $ 19,998 $ 21,039 $ 38,684 $ 40,083 Denominator: Weighted-average common shares outstanding 15,330,802 15,370,882 15,330,808 15,375,026 Effect of dilutive performance-based restricted stock units 68,481 36,999 72,088 36,894 Weighted-average common shares outstanding adjusted for the effect of dilutive performance-based restricted stock units 15,399,283 15,407,881 15,402,896 15,411,920 Earnings per common share: Basic earnings per common share $ 1.30 $ 1.37 $ 2.52 $ 2.61 Diluted earnings per common share $ 1.30 $ 1.37 $ 2.51 $ 2.60 Park awarded 41,550 and 23,025 performance-based restricted stock units ("PBRSUs") to certain employees during the six months ended June 30, 2016 and 2015, respectively. No PBRSUs were awarded during the three months ended June 30, 2016 and 2015. As of June 30, 2016, 85,425 PBRSUs were outstanding. The PBRSUs vest based on service and performance conditions. The dilutive effect of the outstanding PBRSUs was the addition of 68,481 and 36,999 common shares for the three months ended June 30, 2016 and 2015, respectively, and 72,088 and 36,894 common shares for the six months ended June 30, 2016 and 2015, respectively. Park repurchased no common shares during the three and six months ended June 30, 2016. Park repurchased 21,500 common shares during the six months ended June 30, 2015, and no common shares during the three months ended June 30, 2015 to fund the PBRSUs and common shares awarded to directors of Park and to directors of Park's subsidiary PNB (and its divisions). |
Segment Information
Segment Information | 6 Months Ended |
Jun. 30, 2016 | |
Segment Reporting [Abstract] | |
Segment Information | Segment Information The Corporation is a financial holding company headquartered in Newark, Ohio. The operating segments for the Corporation are its chartered national bank subsidiary, The Park National Bank (headquartered in Newark, Ohio) (“PNB”), SE Property Holdings, LLC (“SEPH”), and Guardian Financial Services Company (“GFSC”). Management is required to disclose information about the different types of business activities in which a company engages and also information on the different economic environments in which a company operates, so that the users of the financial statements can better understand the company’s performance, better understand the potential for future cash flows, and make more informed judgments about the company as a whole. Park has three operating segments, as: (i) discrete financial information is available for each operating segment and (ii) the segments are aligned with internal reporting to Park’s Chief Executive Officer and President, who is the chief operating decision maker. Operating Results for the three months ended June 30, 2016 (In thousands) PNB GFSC SEPH All Other Total Net interest income (loss) $ 56,006 $ 1,440 $ 71 $ (32 ) $ 57,485 Provision for (recovery of) loan losses 1,362 1,444 (169 ) — 2,637 Other income 18,508 — 112 116 18,736 Other expense (income) 42,731 (966 ) 1,332 2,209 45,306 Income (loss) before income taxes $ 30,421 $ 962 $ (980 ) $ (2,125 ) $ 28,278 Federal income taxes (benefit) 9,343 336 (343 ) (1,056 ) 8,280 Net income (loss) $ 21,078 $ 626 $ (637 ) $ (1,069 ) $ 19,998 Assets (as of June 30, 2016) $ 7,351,293 $ 32,546 $ 32,822 $ 14,949 $ 7,431,610 Operating Results for the three months ended June 30, 2015 (In thousands) PNB GFSC SEPH All Other Total Net interest income (expense) $ 54,766 $ 1,679 $ (14 ) $ 84 $ 56,515 Provision for (recovery of) loan losses 2,720 309 (1,417 ) — 1,612 Other income (loss) 18,720 (1 ) 327 145 19,191 Other expense 39,586 759 2,385 1,937 44,667 Income (loss) before income taxes $ 31,180 $ 610 $ (655 ) $ (1,708 ) $ 29,427 Federal income taxes (benefit) 9,847 203 (229 ) (1,433 ) 8,388 Net income (loss) $ 21,333 $ 407 $ (426 ) $ (275 ) $ 21,039 Assets (as of June 30, 2015) $ 7,223,801 $ 37,124 $ 38,873 $ 9,771 $ 7,309,569 Operating Results for the six months ended June 30, 2016 (in thousands) PNB GFSC SEPH All Other Total Net interest income (expense) $ 113,161 $ 2,944 $ 1,232 $ (33 ) $ 117,304 Provision for (recovery of) loan losses 2,895 1,971 (1,319 ) — 3,547 Other income 35,731 — 146 248 36,125 Other expense 84,091 2,832 2,736 5,546 95,205 Income (loss) before income taxes $ 61,906 $ (1,859 ) $ (39 ) $ (5,331 ) $ 54,677 Federal income taxes (benefit) 19,084 (649 ) (14 ) (2,428 ) 15,993 Net income (loss) $ 42,822 $ (1,210 ) $ (25 ) $ (2,903 ) $ 38,684 Operating Results for the six months ended June 30, 2015 (in thousands) PNB GFSC SEPH All Other Total Net interest income (expense) $ 108,587 $ 3,371 $ (102 ) $ 194 $ 112,050 Provision for (recovery of) loan losses 4,742 804 (2,302 ) — 3,244 Other income 36,732 1 1,087 244 38,064 Other expense 81,518 1,538 3,483 3,848 90,387 Income (loss) before income taxes $ 59,059 $ 1,030 $ (196 ) $ (3,410 ) $ 56,483 Federal income taxes (benefit) 18,567 342 (68 ) (2,441 ) 16,400 Net income (loss) $ 40,492 $ 688 $ (128 ) $ (969 ) $ 40,083 The operating results of the Parent Company in the “All Other” column are used to reconcile the segment totals to the consolidated condensed statements of income for the three-month and six-month periods ended June 30, 2016 and 2015 . The reconciling amounts for consolidated total assets for the periods ended June 30, 2016 and 2015 consisted of the elimination of intersegment borrowings and the assets of the Parent Company which were not eliminated. |
Mortgage Loans Held For Sale Mo
Mortgage Loans Held For Sale Mortgage Loans Held for Sale (Notes) | 6 Months Ended |
Jun. 30, 2016 | |
Mortgage Loans Held for Sale [Line Items] | |
Mortgage Loans Held For Sale Disclosure [Text Block] | Loans Held For Sale Mortgage loans held for sale are carried at their fair value. At June 30, 2016 and December 31, 2015 , respectively, Park had approximately $12.1 million and $7.3 million in mortgage loans held for sale. These amounts are included in loans on the consolidated condensed balance sheets and in the residential real estate loan segments in Note 3 and Note 4. The contractual balance was $11.9 million and $7.2 million at June 30, 2016 and December 31, 2015 , respectively. The gain expected upon sale was $178,000 and $95,000 at June 30, 2016 and December 31, 2015 , respectively. None of these loans were 90 days or more past due or on nonaccrual status as of June 30, 2016 or December 31, 2015 . During the six-month period ended June 30, 2015 , Park transferred to held for sale and sold certain commercial loans previously held for investment, with a book balance of $144,000 , and recognized a gain of $756,000 . There were no commercial loans held for sale or sold during the three-month period ended June 30, 2015 or during the three-month and six-month periods ended June 30, 2016 . |
Investment Securities
Investment Securities | 6 Months Ended |
Jun. 30, 2016 | |
Investments, Debt and Equity Securities [Abstract] | |
Investment Securities | Investment Securities The amortized cost and fair value of investment securities are shown in the following tables. Management performs a quarterly evaluation of investment securities for any other-than-temporary impairment. For the three and six month periods ended June 30, 2016 and 2015, there were no investment securities deemed to be other-than-temporarily impaired. Investment securities at June 30, 2016 , were as follows: Securities Available-for-Sale (In thousands) Amortized Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Estimated Fair Value Obligations of U.S. Treasury and other U.S. Government sponsored entities $ 360,000 $ 392 $ 25 $ 360,367 U.S. Government sponsored entities' asset-backed securities 920,237 22,453 111 942,579 Other equity securities 1,120 1,508 — 2,628 Total $ 1,281,357 $ 24,353 $ 136 $ 1,305,574 Securities Held-to-Maturity (In thousands) Amortized Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Estimated Fair Value U.S. Government sponsored entities' asset-backed securities $ 89,957 $ 2,060 $ 28 $ 91,989 Obligations of states and political subdivisions 94,164 5,404 $ — 99,568 Total $ 184,121 $ 7,464 $ 28 $ 191,557 Securities with unrealized losses at June 30, 2016 , were as follows: Unrealized loss position for less than 12 months Unrealized loss position for 12 months or longer Total (In thousands) Fair value Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Securities Available-for-Sale Obligations of U.S. Treasury and other U.S. Government sponsored entities $ 94,975 $ 25 $ — $ — $ 94,975 $ 25 U.S. Government sponsored entities' asset-backed securities — — $ 61,150 111 $ 61,150 111 Total $ 94,975 $ 25 $ 61,150 $ 111 $ 156,125 $ 136 Securities Held-to-Maturity U.S. Government sponsored entities' asset-backed securities $ — $ — $ 7,759 $ 28 $ 7,759 $ 28 Obligations of states and political subdivisions — $ — — — $ — — Total $ — $ — $ 7,759 $ 28 $ 7,759 $ 28 Investment securities at December 31, 2015 , were as follows: Securities Available-for-Sale (In thousands) Amortized Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Estimated Fair Value Obligations of U.S. Treasury and other U.S. Government sponsored entities $ 527,605 $ — $ 5,542 $ 522,063 U.S. Government sponsored entities' asset-backed securities 907,989 8,776 5,272 911,493 Other equity securities 1,120 1,590 — 2,710 Total $ 1,436,714 $ 10,366 $ 10,814 $ 1,436,266 Securities Held-to-Maturity (In thousands) Amortized Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Estimated Fair Value Obligations of states and political subdivision $ 48,190 $ 734 $ — $ 48,924 U.S. Government sponsored entities' asset-backed securities 101,112 1,526 134 102,504 Total $ 149,302 $ 2,260 $ 134 $ 151,428 Securities with unrealized losses at December 31, 2015 , were as follows: Unrealized loss position for less than 12 months Unrealized loss position for 12 months or longer Total (In thousands) Fair value Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Securities Available-for-Sale Obligations of U.S. Treasury and other U.S. Government sponsored entities $ 326,973 $ 2,117 $ 195,090 $ 3,425 $ 522,063 $ 5,542 U.S. Government sponsored entities' asset-backed securities 384,169 2,776 114,543 2,496 498,712 5,272 Total $ 711,142 $ 4,893 $ 309,633 $ 5,921 $ 1,020,775 $ 10,814 Securities Held-to-Maturity U.S. Government sponsored entities' asset-backed securities $ 5,656 $ 10 $ 7,792 $ 124 $ 13,448 $ 134 Management does not believe any of the unrealized losses at June 30, 2016 or December 31, 2015 represented other-than-temporary impairment. Should the impairment of any of these securities become other-than-temporary, the cost basis of the investment will be reduced and the resulting loss recognized within net income in the period the other-than-temporary impairment is identified. Park’s U.S. Government sponsored entities' asset-backed securities consist of 15 -year residential mortgage-backed securities and collateralized mortgage obligations. The amortized cost and estimated fair value of investments in debt securities at June 30, 2016 , are shown in the following table by contractual maturity, except for asset-backed securities, which are shown as a single total, due to the unpredictability of the timing of principal repayments. Securities Available-for-Sale (In thousands) Amortized cost Fair value Tax equivalent yield Obligations of U.S. Treasury and other U.S. Government sponsored entities' obligations: Due one through five years $ 345,000 345,362 1.24 % Due five through ten years 15,000 15,005 2.20 % Total $ 360,000 $ 360,367 1.28 % U.S. Government sponsored entities' asset-backed securities: $ 920,237 $ 942,579 2.17 % Securities Held-to-Maturity (In thousands) Amortized cost Fair value Tax equivalent yield Obligations of state and political subdivisions: Due over ten years $ 94,164 $ 99,568 4.45 % Total $ 94,164 $ 99,568 4.45 % U.S. Government sponsored entities' asset-backed securities $ 89,957 $ 91,989 3.35 % All of Park’s securities shown in the table above as U.S. Treasury and other U.S. Government sponsored entities' notes are callable notes. These callable securities have final maturities of 1 to 6 years. Of the $360.4 million reported at June 30, 2016 , $265.4 million were expected to be called. The remaining average life of the investment portfolio is estimated to be 3.6 years. There were no sales of investment securities during the three or six month periods ended June 30, 2016 or 2015. |
Other Investment Securities
Other Investment Securities | 6 Months Ended |
Jun. 30, 2016 | |
Other Investment Securities [Abstract] | |
Other Investment Securities | Other Investment Securities Other investment securities consist of stock investments in the Federal Home Loan Bank ("FHLB") and the Federal Reserve Bank ("FRB"). These restricted stock investments are carried at their redemption value. June 30, December 31, 2015 (In thousands) FHLB stock $ 50,086 $ 50,086 FRB stock 8,225 8,225 Total $ 58,311 $ 58,311 |
Share Based Compensation (Notes
Share Based Compensation (Notes) | 6 Months Ended |
Jun. 30, 2016 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] | Share-Based Compensation The Park National Corporation 2013 Long-Term Incentive Plan (the "2013 Incentive Plan") was adopted by the Board of Directors of Park on January 28, 2013 and was approved by Park's shareholders at the Annual Meeting of Shareholders on April 22, 2013. The 2013 Incentive Plan makes equity-based awards and cash-based awards available for grant to participants in the form of incentive stock options, nonqualified stock options, stock appreciation rights, restricted common shares, restricted stock unit awards that may be settled in common shares, cash or a combination of the two, unrestricted common shares and cash-based awards. Under the 2013 Incentive Plan, 600,000 common shares are authorized to be delivered in connection with grants under the 2013 Incentive Plan. The common shares to be delivered under the 2013 Incentive Plan may consist of either common shares currently held or common shares subsequently acquired by Park as treasury shares, including common shares purchased in the open market or in private transactions. No awards may be made under the 2013 Incentive Plan after April 22, 2023. At June 30, 2016, 483,675 common shares were available for future grants under the 2013 Incentive Plan. On January 24, 2014, the Compensation Committee of the Board of Directors of Park granted awards of an aggregate of 21,975 performance-based restricted stock units (“PBRSUs”) to certain employees of Park, which grants were effective on January 24, 2014. On December 16, 2014, the Compensation Committee of the Board of Directors of Park granted awards of an aggregate of 23,025 PBRSUs to certain employees of Park, which grants were effective on January 2, 2015. On December 7, 2015, the Compensation Committee of the Board of Directors of Park granted awards of an aggregate of 41,550 PBRSUs to certain employees of Park, which grants were effective on January 1, 2016. The number of PBRSUs earned or settled will depend on certain performance conditions and are also subject to service-based vesting. As of June 30, 2016, 1,125 PBRSUs have been forfeited. Share-based compensation expense of $323,000 and $211,000 was recognized for the three-month periods ended June 30, 2016 and 2015, respectively, and $792,000 and $470,000 for the six-month periods ended June 30, 2016 and 2015, respectively. Park expects to recognize additional share-based compensation expense of approximately $500,000 through the first quarter of 2018 related to PBRSUs granted in 2014, approximately $996,000 through the first quarter of 2019 related to PBRSUs granted in 2015 and approximately $2.4 million through the first quarter of 2020 related to PBRSUs granted in 2016. |
Pension Plan
Pension Plan | 6 Months Ended |
Jun. 30, 2016 | |
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] | |
Pension Plan | Pension Plan Park has a noncontributory defined benefit pension plan covering substantially all of its employees. The plan provides benefits based on an employee’s years of service and compensation. There were no pension plan contributions for the three-month or six-month periods ended June 30, 2016 and 2015 . The following table shows the components of net periodic benefit income: Three Months Ended Six Months Ended (In thousands) 2016 2015 2016 2015 Service cost $ 1,264 $ 1,342 $ 2,528 $ 2,684 Interest cost 1,217 1,174 2,434 2,348 Expected return on plan assets (2,737 ) (2,855 ) (5,474 ) (5,710 ) Amortization of prior service cost — 4 — 8 Recognized net actuarial loss 193 159 386 318 Net periodic benefit income $ (63 ) $ (176 ) $ (126 ) $ (352 ) |
Loan Servicing
Loan Servicing | 6 Months Ended |
Jun. 30, 2016 | |
Transfers and Servicing of Financial Assets [Abstract] | |
Loan Servicing | Loan Servicing Park serviced sold mortgage loans of $1.29 billion at June 30, 2016 , $1.28 billion at December 31, 2015 and $1.26 billion at June 30, 2015 . At June 30, 2016 , $4.5 million of the sold mortgage loans were sold with recourse, compared to $5.4 million at December 31, 2015 and $5.8 million at June 30, 2015 . Management closely monitors the delinquency rates on the mortgage loans sold with recourse. At June 30, 2016 and December 31, 2015, management had established reserves of $269,000 and $454,000 , respectively, to account for expected loan repurchases. When Park sells mortgage loans with servicing rights retained, servicing rights are initially recorded at fair value. Park selected the “amortization method” as permissible within U.S. GAAP, whereby the servicing rights capitalized are amortized in proportion to and over the period of estimated future servicing income of the underlying loan. At the end of each reporting period, the carrying value of mortgage servicing rights (“MSRs”) is assessed for impairment with a comparison to fair value. MSRs are carried at the lower of their amortized cost or fair value. Activity for MSRs and the related valuation allowance follows: Three Months Ended Six Months Ended (In thousands) 2016 2015 2016 2015 Mortgage servicing rights: Carrying amount, net, beginning of period $ 8,949 $ 8,312 $ 9,008 $ 8,613 Additions 555 494 871 807 Amortization (415 ) (438 ) (790 ) (830 ) Changes in valuation allowance (209 ) 193 (209 ) (29 ) Carrying amount, net, end of period $ 8,880 $ 8,561 $ 8,880 $ 8,561 Valuation allowance: Beginning of period $ 542 $ 1,048 $ 542 $ 826 Changes in valuation allowance 209 (193 ) 209 29 End of period $ 751 $ 855 $ 751 $ 855 Servicing fees included in other service income were $0.8 million for each of the three months ended June 30, 2016 and 2015 and were $1.7 million for each of the six months ended June 30, 2016 and 2015, respectively. |
Fair Value
Fair Value | 6 Months Ended |
Jun. 30, 2016 | |
Fair Value Disclosures [Abstract] | |
Fair Value | Fair Value The fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that Park uses to measure fair value are as follows: • Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that Park has the ability to access as of the measurement date. • Level 2: Level 1 inputs for assets or liabilities that are not actively traded. Also consists of an observable market price for a similar asset or liability. This includes the use of “matrix pricing” to value debt securities absent the exclusive use of quoted prices. • Level 3: Consists of unobservable inputs that are used to measure fair value when observable market inputs are not available. This could include the use of internally developed models, financial forecasting and similar inputs. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability between market participants at the balance sheet date. When possible, the Company looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to observable market data for similar assets and liabilities. However, certain assets and liabilities are not traded in observable markets and Park must use other valuation methods to develop a fair value. The fair value of impaired loans is typically based on the fair value of the underlying collateral, which is estimated through third-party appraisals in accordance with Park's valuation requirements in accordance with its commercial and real estate loan policies. Assets and Liabilities Measured at Fair Value on a Recurring Basis : The following table presents assets and liabilities measured at fair value on a recurring basis: Fair Value Measurements at June 30, 2016 using: (In thousands) Level 1 Level 2 Level 3 Balance at June 30, 2016 Assets Investment securities: Obligations of U.S. Treasury and other U.S. Government sponsored entities $ — $ 360,367 $ — $ 360,367 U.S. Government sponsored entities’ asset-backed securities — 942,579 — 942,579 Equity securities 1,807 — 821 2,628 Mortgage loans held for sale — 12,125 — 12,125 Mortgage IRLCs — 277 — 277 Liabilities Fair value swap $ — $ — $ 226 $ 226 Fair Value Measurements at December 31, 2015 using: (In thousands) Level 1 Level 2 Level 3 Balance at December 31, 2015 Assets Investment securities: Obligations of U.S. Treasury and other U.S. Government sponsored entities $ — $ 522,063 $ — $ 522,063 U.S. Government sponsored entities’ asset-backed securities — 911,493 — 911,493 Equity securities 1,941 — 769 2,710 Mortgage loans held for sale — 7,306 — 7,306 Mortgage IRLCs — 165 — 165 Liabilities Fair value swap $ — $ — $ 226 $ 226 There were no transfers between Level 1 and Level 2 during the three or six months ended June 30, 2016 or 2015 . Management’s policy is to transfer assets or liabilities from one level to another when the methodology to obtain the fair value changes such that there are more or fewer unobservable inputs as of the end of the reporting period. The following methods and assumptions were used by the Company in determining fair value of the financial assets and liabilities discussed above: Investment securities: Fair values for investment securities are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows. Fair value swap: The fair value of the swap agreement entered into with the purchaser of the Visa Class B shares represents an internally developed estimate of the exposure based upon probability-weighted potential Visa litigation losses. Mortgage Interest Rate Lock Commitments (IRLCs): IRLCs are based on current secondary market pricing and are classified as Level 2. Mortgage loans held for sale: Mortgage loans held for sale are carried at their fair value. Mortgage loans held for sale are estimated using security prices for similar product types and, therefore, are classified in Level 2. The tables below are a reconciliation of the beginning and ending balances of the Level 3 inputs for the three and six months ended June 30, 2016 and 2015 , for financial instruments measured on a recurring basis and classified as Level 3: Level 3 Fair Value Measurements Three months ended June 30, 2016 and 2015 (In thousands) Equity Securities Fair value swap Balance at April 1, 2016 $ 813 $ (226 ) Total gains/(losses) Included in earnings – realized — — Included in earnings – unrealized — — Included in other comprehensive income 8 — Purchases, sales, issuances and settlements, other — — Re-evaluation of fair value swap, recorded in other expense — — Balance at June 30, 2016 $ 821 $ (226 ) Balance at April 1, 2015 $ 739 $ (226 ) Total gains/(losses) Included in earnings – realized — — Included in earnings – unrealized — — Included in other comprehensive income 5 — Purchases, sales, issuances and settlements, other — — Re-evaluation of fair value swap — — Balance at June 30, 2015 $ 744 $ (226 ) Level 3 Fair Value Measurements Six months ended June 30, 2016 and 2015 (In thousands) Equity Securities Fair value swap Balance at January 1, 2016 $ 769 $ (226 ) Total gains/(losses) Included in earnings – realized — — Included in earnings – unrealized — — Included in other comprehensive income 52 — Purchases, sales, issuances and settlements, other — — Re-evaluation of fair value swap, recorded in other expense — — Balance at June 30, 2016 $ 821 $ (226 ) Balance at January 1, 2015 $ 776 $ (226 ) Total gains/(losses) Included in earnings – realized — — Included in earnings – unrealized — — Included in other comprehensive income (32 ) — Purchases, sales, issuances and settlements, other — — Re-evaluation of fair value swap — — Balance at June 30, 2015 $ 744 $ (226 ) Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis: The following methods and assumptions were used by the Company in determining the fair value of assets and liabilities measured at fair value on a nonrecurring basis described below: Impaired Loans: At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value have been partially charged-off or receive specific allocations of the allowance for loan losses. For collateral dependent loans, fair value is generally based on real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including the comparable sales approach and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value. Collateral is then adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Additionally, updated independent valuations are obtained annually for all impaired loans in accordance with Company policy. Other Real Estate Owned (OREO): Assets acquired through or in lieu of loan foreclosure are initially recorded at fair value less costs to sell when acquired. The carrying value of OREO is not re-measured to fair value on a recurring basis, but is subject to fair value adjustments when the carrying value exceeds the fair value, less estimated selling costs. Fair value is based on recent real estate appraisals and is updated at least annually. These appraisals may utilize a single valuation approach or a combination of approaches including the comparable sales approach and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value. Appraisals for both collateral dependent impaired loans and OREO are performed by licensed appraisers. Appraisals are generally obtained to support the fair value of collateral. In general, there are three types of appraisals, real estate appraisals, income approach appraisals, and lot development loan appraisals, received by the Company. These are discussed below: • Real estate appraisals typically incorporate measures such as recent sales prices for comparable properties. Appraisers may make adjustments to the sales prices of the comparable properties as deemed appropriate based on the age, condition or general characteristics of the subject property. Management generally applies a 15% discount to real estate appraised values which management expects will cover all disposition costs (including selling costs). This 15% discount is based on historical discounts to appraised values on sold OREO properties. • Income approach appraisals typically incorporate the annual net operating income of the business divided by an appropriate capitalization rate, as determined by the appraiser. Management generally applies a 15% discount to income approach appraised values which management expects will cover all disposition costs (including selling costs). • Lot development loan appraisals are typically performed using a discounted cash flow analysis. Appraisers determine an anticipated absorption period and a discount rate that takes into account an investor’s required rate of return based on recent comparable sales. Management generally applies a 6% discount to lot development appraised values, which is an additional discount above the net present value calculation included in the appraisal, to account for selling costs. MSRs: MSRs are carried at the lower of cost or fair value. MSRs do not trade in active, open markets with readily observable prices. For example, sales of MSRs do occur, but precise terms and conditions typically are not readily available. As such, management, with the assistance of a third-party specialist, determines fair value based on the discounted value of the future cash flows estimated to be received. Significant inputs include the discount rate and assumed prepayment speeds. The calculated fair value is then compared to market values where possible to ascertain the reasonableness of the valuation in relation to current market expectations for similar products. Accordingly, MSRs are classified as Level 2. The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Collateral dependent impaired loans are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken to the property's value subsequent to the initial measurement. Fair Value Measurements at June 30, 2016 using: (In thousands) Level 1 Level 2 Level 3 Balance at June 30, 2016 Impaired loans recorded at fair value: Commercial real estate $ — $ — $ 2,465 $ 2,465 Construction real estate: SEPH commercial land and development — — 1,700 1,700 Remaining commercial — — 1,422 1,422 Residential real estate — — 1,929 1,929 Total impaired loans recorded at fair value $ — $ — $ 7,516 $ 7,516 Mortgage servicing rights $ — $ 4,872 $ — $ 4,872 OREO: Commercial real estate — — 3,184 3,184 Construction real estate — — 3,419 3,419 Residential real estate — — 1,516 1,516 Total OREO $ — $ — $ 8,119 $ 8,119 Fair Value Measurements at December 31, 2015 using: (In thousands) Level 1 Level 2 Level 3 Balance at December 31, 2015 Impaired loans recorded at fair value: Commercial real estate $ — $ — $ 3,698 $ 3,698 Construction real estate: SEPH commercial land and development — — 2,044 2,044 Remaining commercial — — 1,872 1,872 Residential real estate — — 1,882 1,882 Total impaired loans recorded at fair value $ — $ — $ 9,496 $ 9,496 Mortgage servicing rights $ — $ 1,867 $ — $ 1,867 OREO: Commercial real estate — — 2,796 2,796 Construction real estate — — 3,387 3,387 Residential real estate — — 2,332 2,332 Total OREO $ — $ — $ 8,515 $ 8,515 The table below provides additional detail on those impaired loans which are recorded at fair value as well as the remaining impaired loan portfolio not included above. The remaining impaired loans consist of loans which are not collateral dependent as well as loans carried at cost as the fair value of the underlying collateral or the present value of expected future cash flows on each of the loans exceeded the book value for each respective credit. June 30, 2016 (In thousands) Recorded Investment Prior Charge-Offs Specific Valuation Allowance Carrying Balance Impaired loans recorded at fair value $ 9,508 $ 6,118 $ 1,992 $ 7,516 Remaining impaired loans 81,336 18,240 4,295 77,041 Total impaired loans $ 90,844 $ 24,358 $ 6,287 $ 84,557 December 31, 2015 (In thousands) Recorded Investment Prior Charge-Offs Specific Valuation Allowance Carrying Balance Impaired loans recorded at fair value $ 11,783 $ 10,512 $ 2,287 $ 9,496 Remaining impaired loans 68,881 18,193 1,904 66,977 Total impaired loans $ 80,664 $ 28,705 $ 4,191 $ 76,473 The expense from credit adjustments related to impaired loans carried at fair value during the three months ended June 30, 2016 and 2015 was $0.4 million and $0.9 million , respectively. The expense of credit adjustments related to impaired loans carried at fair value during the six months ended June 30, 2016 and 2015 was $1.0 million and $1.9 million , respectively. MSRs totaled $8.9 million at June 30, 2016 . Of this $8.9 million MSR carrying balance, $4.9 million was recorded at fair value and included a valuation allowance of $0.8 million . The remaining $4.0 million was recorded at cost, as the fair value of the MSRs exceeded cost at June 30, 2016 . At December 31, 2015 , MSRs totaled $9.0 million . Of this $9.0 million MSR carrying balance, $1.9 million was recorded at fair value and included a valuation allowance of $0.5 million . The remaining $7.1 million was recorded at cost, as the fair value exceeded cost at December 31, 2015 . The (expense) income related to MSRs carried at fair value during the three-month periods ended June 30, 2016 and 2015 was $(209,000) and $193,000 , respectively. The expense related to MSRs carried at fair value during the six-month periods ended June 30, 2016 and 2015 was $(209,000) and $29,000 , respectively. Total OREO held by Park at June 30, 2016 and December 31, 2015 was $17.6 million and $18.7 million , respectively. Approximately 46% of OREO held by Park at both June 30, 2016 and December 31, 2015 was carried at fair value due to fair value adjustments made subsequent to the initial OREO measurement. At June 30, 2016 and December 31, 2015 , OREO held at fair value, less estimated selling costs, amounted to $8.1 million and $8.5 million , respectively. The net expense related to OREO fair value adjustments was $0.2 million and $0.3 million for the three -month periods ended June 30, 2016 and 2015 , respectively and $0.3 million and $0.6 million for the six-month periods ended June 30, 2016 and 2015 , respectively. The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at June 30, 2016 and December 31, 2015 : June 30, 2016 (In thousands) Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) Impaired loans: Commercial real estate $ 2,465 Sales comparison approach Adj to comparables 0.0% - 90.0% (20.1%) Income approach Capitalization rate 7.0% - 9.2% (8.3%) Cost approach Accumulated depreciation 50.0% (50.0%) Construction real estate: SEPH commercial land and development $ 1,700 Sales comparison approach Adj to comparables 5.0% - 40.0% (22.5%) Remaining commercial $ 1,422 Sales comparison approach Adj to comparables 0.0% - 15.6% (1.0%) Bulk sale approach Discount rate 10.0% (10.0%) Residential real estate $ 1,929 Sales comparison approach Adj to comparables 0.0% - 87.4% (16.8%) Income approach Capitalization rate 10.0% - 10.1% (10.0%) Cost approach Accumulated depreciation 50.0% (50.0%) Other real estate owned: Commercial real estate $ 3,184 Sales comparison approach Adj to comparables 0.0% - 69.0% (22.6%) Income approach Capitalization rate 9.5% - 14.0% (9.9%) Construction real estate $ 3,419 Sales comparison approach Adj to comparables 0.0% - 85.0% (27.2%) Bulk sale approach Discount rate 15.0% (15.0%) Residential real estate $ 1,516 Sales comparison approach Adj to comparables 0.1% - 61.8% (26.0%) Balance at December 31, 2015 (In thousands) Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) Impaired loans: Commercial real estate $ 3,698 Sales comparison approach Adj to comparables 0.0% - 45.9% (20.3%) Income approach Capitalization rate 7.0% - 13.3% (9.5%) Cost approach Accumulated depreciation 50.0% (50.0%) Construction real estate: SEPH commercial land and development $ 2,044 Sales comparison approach Adj to comparables 5.0% - 40.0% (22.1%) Bulk sale approach Discount rate 10.7% (10.7%) Remaining commercial $ 1,872 Sales comparison approach Adj to comparables 0.0% - 25.3% (1.0%) Bulk sale approach Discount rate 10.0% - 10.7% (10.0%) Residential real estate $ 1,882 Sales comparison approach Adj to comparables 0.0% - 96.7% (12.5%) Income approach Capitalization rate 3.8% - 10.1% (9.1%) Cost approach Accumulated depreciation 33.3% - 50.0% (43.4%) Other real estate owned: Commercial real estate $ 2,796 Sales comparison approach Adj to comparables 2.0% - 71.0% (26.9%) Income approach Capitalization rate 9.5% (9.5%) Construction real estate $ 3,387 Sales comparison approach Adj to comparables 0.0% - 85.0% (24.3%) Bulk sale approach Discount rate 15.0% (15.0%) Residential real estate $ 2,332 Sales comparison approach Adj to comparables 0.1% - 61.8% (23.0%) The following methods and assumptions were used by Park in estimating its fair value disclosures for assets and liabilities not discussed above: Cash and cash equivalents: The carrying amounts reported in the consolidated condensed balance sheets for cash and short-term instruments approximate those assets’ fair values. FHLB Stock and FRB Stock: These assets are carried at their respective redemption values as it is not practicable to calculate their fair values. Loans receivable: For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values for certain mortgage loans (e.g., one-to-four family residential) are based on quoted market prices of similar loans sold in conjunction with securitization transactions, adjusted for differences in loan characteristics. The fair values for other loans are estimated using discounted cash flow analyses, based upon interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. The methods utilized to estimate the fair value do not necessarily represent an exit price. Off-balance sheet instruments: Fair values for Park’s loan commitments and standby letters of credit are based on the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The carrying amount and fair value are not material. Deposit liabilities: The fair values disclosed for demand deposits (e.g., interest and non-interest checking, savings, and money market accounts) are, by definition, equal to the amounts payable on demand at the reporting date (i.e., their carrying amounts). The carrying amounts for variable-rate, fixed-term certificates of deposit approximate their fair values at the reporting date. Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities of time deposits. Short-term borrowings: The carrying amounts of federal funds purchased, borrowings under repurchase agreements and other short-term borrowings approximate their fair values. Long-term debt: Fair values for long-term debt are estimated using a discounted cash flow calculation that applies interest rates currently being offered on long-term debt to a schedule of monthly maturities. Subordinated debentures and notes: Fair values for subordinated debentures and notes are estimated using a discounted cash flow calculation that applies interest rate spreads currently being offered on similar debt structures to a schedule of monthly maturities. The fair value of financial instruments at June 30, 2016 and December 31, 2015 , was as follows: June 30, 2016 Fair Value Measurements (In thousands) Carrying value Level 1 Level 2 Level 3 Total fair value Financial assets: Cash and money market instruments $ 315,889 $ 315,889 $ — $ — $ 315,889 Investment securities 1,489,695 1,807 1,494,503 821 1,497,131 Accrued interest receivable - securities 3,481 — 3,481 — 3,481 Accrued interest receivable - loans 14,016 — — 14,016 14,016 Loans held for sale 12,125 — 12,125 — 12,125 Mortgage IRLCs 277 — 277 — 277 Impaired loans carried at fair value 7,516 — — 7,516 7,516 Other loans, net 5,049,027 — — 5,030,111 5,030,111 Loans receivable, net $ 5,068,945 $ — $ 12,402 $ 5,037,627 $ 5,050,029 Financial liabilities: Noninterest bearing checking accounts $ 1,378,053 $ 1,378,053 $ — $ — $ 1,378,053 Interest bearing transactions accounts 1,227,177 1,227,177 — — 1,227,177 Savings accounts 1,763,907 1,763,907 — — 1,763,907 Time deposits 1,250,676 — 1,257,108 — 1,257,108 Other 4,066 4,066 — — 4,066 Total deposits $ 5,623,879 $ 4,373,203 $ 1,257,108 $ — $ 5,630,311 Short-term borrowings $ 210,731 $ — $ 210,731 $ — $ 210,731 Long-term debt 741,174 — 781,862 — 781,862 Subordinated debentures/notes 45,000 — 40,857 — 40,857 Accrued interest payable – deposits 1,023 72 951 — 1,023 Accrued interest payable – debt/borrowings 1,313 — 1,313 — 1,313 Derivative financial instruments: Fair value swap $ 226 $ — $ — $ 226 $ 226 December 31, 2015 Fair Value Measurements (In thousands) Carrying value Level 1 Level 2 Level 3 Total fair value Financial assets: Cash and money market instruments $ 149,459 $ 149,459 $ — $ — $ 149,459 Investment securities 1,585,568 1,941 1,584,984 769 1,587,694 Accrued interest receivable - securities 4,436 — 4,436 — 4,436 Accrued interest receivable - loans 14,239 — — 14,239 14,239 Loans held for sale 7,306 — 7,306 — 7,306 Mortgage IRLCs 165 — 165 — 165 Impaired loans carried at fair value 9,496 — — 9,496 9,496 Other loans, net 4,994,624 — — 4,997,318 4,997,318 Loans receivable, net $ 5,011,591 $ — $ 7,471 $ 5,006,814 $ 5,014,285 Financial liabilities: Noninterest bearing checking accounts $ 1,404,032 $ 1,404,032 $ — $ — $ 1,404,032 Interest bearing transactions accounts 1,107,200 1,107,200 — — 1,107,200 Savings accounts 1,544,708 1,544,708 — — 1,544,708 Time deposits 1,290,412 — 1,295,329 — 1,295,329 Other 1,290 1,290 — — 1,290 Total deposits $ 5,347,642 $ 4,057,230 $ 1,295,329 $ — $ 5,352,559 Short-term borrowings $ 394,242 $ — $ 394,242 $ — $ 394,242 Long-term debt 738,105 — 771,420 — 771,420 Subordinated debentures/notes 45,000 — 41,596 — 41,596 Accrued interest payable – deposits 987 66 921 — 987 Accrued interest payable – debt/borrowings 1,351 4 1,347 — 1,351 Derivative financial instruments: Fair value swap $ 226 $ — $ — $ 226 $ 226 |
Other Comprehensive Income (Los
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss) (Notes) | 6 Months Ended |
Jun. 30, 2016 | |
Statement of Comprehensive Income [Abstract] | |
Comprehensive Income (Loss) Note [Text Block] | Other Comprehensive Income Other comprehensive income components, net of tax, are shown in the following table for the three-month and six -month periods ended June 30, 2016 and 2015 : (in thousands) Changes in pension plan assets and benefit obligations Unrealized gains and losses on available for sale securities Total Beginning balance at April 1, 2016 $ (15,351 ) $ 11,388 $ (3,963 ) Other comprehensive income before reclassifications — 4,352 4,352 Amounts reclassified from accumulated other comprehensive income — — — Net current period other comprehensive income — 4,352 4,352 Ending balance at June 30, 2016 $ (15,351 ) $ 15,740 $ 389 Beginning balance at April 1, 2015 $ (14,865 ) $ 9,116 $ (5,749 ) Other comprehensive loss before reclassifications — (8,231 ) (8,231 ) Amounts reclassified from accumulated other comprehensive loss — — — Net current period other comprehensive loss — (8,231 ) (8,231 ) Ending balance at June 30, 2015 $ (14,865 ) $ 885 $ (13,980 ) (in thousands) Changes in pension plan assets and benefit obligations Unrealized gains and losses on available for sale securities Total Beginning balance at January 1, 2016 $ (15,351 ) $ (292 ) $ (15,643 ) Other comprehensive income before reclassifications — 16,032 16,032 Amounts reclassified from accumulated other comprehensive income — — — Net current period other comprehensive income — 16,032 16,032 Ending balance at June 30, 2016 $ (15,351 ) $ 15,740 $ 389 Beginning balance at January 1, 2015 $ (14,865 ) $ 1,257 $ (13,608 ) Other comprehensive loss before reclassifications — (372 ) (372 ) Amounts reclassified from accumulated other comprehensive loss — — — Net current period other comprehensive loss — (372 ) (372 ) Ending balance at June 30, 2015 $ (14,865 ) $ 885 $ (13,980 ) During the three and six month periods ended June 30, 2016 and 2015, there were no reclassifications out of accumulated other comprehensive income. |
Investment in Qualified Afforda
Investment in Qualified Affordable Housing (Notes) | 6 Months Ended |
Jun. 30, 2016 | |
Equity Method Investments and Joint Ventures [Abstract] | |
Affordable Housing Program [Text Block] | Investment in Qualified Affordable Housing Park makes certain equity investments in various limited partnerships that sponsor affordable housing projects. The purpose of these investments is to achieve a satisfactory return on capital, help create affordable housing opportunities, and to assist the Company to achieve our goals associated with the Community Reinvestment Act. The table below details the balances of Park’s affordable housing tax credit investments and related unfunded commitments as of June 30, 2016 and December 31, 2015. (in thousands) June 30, 2016 December 31, 2015 Affordable housing tax credit investments $ 47,576 $ 51,247 Unfunded commitments 15,995 20,311 During the three months ended June 30, 2016 and 2015, Park recognized amortization expense of $1.8 million and $1.7 million , respectively, and during the six months ended June 30, 2016 and 2015, Park recognized amortization expense of $3.7 million and $3.5 million , respectively, which was included within the provision for income taxes. Additionally, during each of the three months ended June 30, 2016 and 2015, Park recognized tax credits and other benefits from its affordable housing tax credit investments of $2.3 million , and during the six months ended June 30, 2016 and 2015, recognized tax credits and other benefits from its affordable housing tax credit investments of $4.7 million and $4.5 million , respectively. |
Repurchase Agreement Borrowings
Repurchase Agreement Borrowings (Notes) | 6 Months Ended |
Jun. 30, 2016 | |
Transfers and Servicing [Abstract] | |
Repurchase Agreement Borrowings | Repurchase Agreement Borrowings Securities sold under agreements to repurchase ("repurchase agreements") with customers represent funds deposited by customers, generally on an overnight basis, that are collateralized by investment securities owned by Park. Repurchase agreements with customers are included in short-term borrowings on the consolidated condensed balance sheets. Park's repurchase agreements with a third-party financial institution are classified as long-term debt on the consolidated condensed balance sheets. All repurchase agreements are subject to terms and conditions of repurchase/security agreements between Park and the client and are accounted for as secured borrowings. Park's repurchase agreements reflected in short-term borrowings consist of customer accounts and securities which are pledged on an individual security basis. At June 30, 2016 and December 31, 2015 , Park's repurchase agreement borrowings totaled $511 million and $554 million , respectively. At both June 30, 2016 and December 31, 2015 , $300 million of Park's repurchase agreement borrowings were classified as long-term debt with the remaining amount being classified as short-term debt on the consolidated condensed balance sheets. These borrowings were collateralized with U.S. government and agency securities with a carrying value of $559 million and $622 million at June 30, 2016 and December 31, 2015 , respectively. Declines in the value of the collateral would require Park to pledge additional securities. As of June 30, 2016 and December 31, 2015 , Park had $536 million and $585 million , respectively, of available unpledged securities. The following table presents the carrying value of Park's repurchase agreements by remaining contractual maturity at June 30, 2016 and December 31, 2015 : June 30, 2016 (in thousands) Remaining Contractual Maturity of the Agreements Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total U.S. government and agency securities $ 209,627 $ — $ — $ 301,104 $ 510,731 December 31, 2015 (in thousands) Remaining Contractual Maturity of the Agreements Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total U.S. government and agency securities $ 247,618 $ 2,239 $ — $ 304,385 $ 554,242 On November 30, 2012, Park restructured $300 million in repurchase agreements with a third-party financial institution and paid a $25 million prepayment penalty. The penalty is included in long-term debt and is being amortized as an adjustment to interest expense over the remaining term of the repurchase agreements using the effective interest method. Of the $25 million prepayment penalty, $7.3 million and $9.8 million remained unamortized as of June 30, 2016 and December 31, 2015 , respectively. |
Contingent Liabilities (Notes)
Contingent Liabilities (Notes) | 6 Months Ended |
Jun. 30, 2016 | |
Contingent Liabilities [Abstract] | |
Commitments and Contingencies Disclosure [Text Block] | Note 18 – Contingent Liabilities The Company is a defendant in lawsuits and other adversary proceedings arising in the ordinary course of business. Legal costs incurred in connection with the resolution of claims and lawsuits are generally expensed as incurred, and the Company establishes accruals for the outcome of litigation where losses are deemed probable and reasonably estimable. The Company’s assessment of the current exposure could change in the event of the discovery of additional facts with respect to legal matters pending against the Company or determinations by judges, juries, administrative agencies or other finders of fact that are not in accordance with the Company’s evaluation of claims. As of June 30, 2016, the Company had accrued charges of approximately $2.8 million for legal contingencies related to various legal and other adversary proceedings. |
Loans (Tables)
Loans (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Loans and Leases Receivable Disclosure [Abstract] | |
Composition Of Loan Portfolio By Class Of Loan | The composition of the loan portfolio, by class of loan, as of June 30, 2016 and December 31, 2015 was as follows: June 30, 2016 December 31, 2015 (In thousands) Loan Balance Accrued Interest Receivable Recorded Investment Loan Balance Accrued Interest Receivable Recorded Investment Commercial, financial and agricultural * $ 964,072 $ 3,503 $ 967,575 $ 955,727 $ 3,437 $ 959,164 Commercial real estate * 1,131,067 3,622 1,134,689 1,113,603 4,009 1,117,612 Construction real estate: SEPH commercial land and development 1,700 — 1,700 2,044 — 2,044 Remaining commercial 127,108 299 127,407 128,046 321 128,367 Mortgage 38,260 70 38,330 36,722 75 36,797 Installment 5,756 20 5,776 6,533 21 6,554 Residential real estate: Commercial 409,361 931 410,292 410,571 1,014 411,585 Mortgage 1,197,704 1,701 1,199,405 1,210,819 1,469 1,212,288 HELOC 213,390 791 214,181 211,415 769 212,184 Installment 19,768 70 19,838 22,638 78 22,716 Consumer 1,015,809 2,979 1,018,788 967,111 3,032 970,143 Leases 3,649 30 3,679 2,856 14 2,870 Total loans $ 5,127,644 $ 14,016 $ 5,141,660 $ 5,068,085 $ 14,239 $ 5,082,324 * Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. |
Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing | The following tables present the recorded investment in nonaccrual loans, accruing troubled debt restructurings (TDRs), and loans past due 90 days or more and still accruing by class of loan as of June 30, 2016 and December 31, 2015 : June 30, 2016 (In thousands) Nonaccrual Loans Accruing Troubled Debt Restructurings Loans Past Due 90 Days or More and Accruing Total Nonperforming Loans Commercial, financial and agricultural $ 29,159 $ 664 $ — $ 29,823 Commercial real estate 24,845 5,044 — 29,889 Construction real estate: SEPH commercial land and development 1,700 — — 1,700 Remaining commercial 3,962 424 — 4,386 Mortgage — 107 — 107 Installment 51 107 — 158 Residential real estate: Commercial 25,070 — — 25,070 Mortgage 21,695 9,348 1,200 32,243 HELOC 1,738 726 233 2,697 Installment 634 607 152 1,393 Consumer 2,575 751 771 4,097 Total loans $ 111,429 $ 17,778 $ 2,356 $ 131,563 December 31, 2015 (In thousands) Nonaccrual Loans Accruing Troubled Debt Restructurings Loans Past Due 90 Days or More and Accruing Total Nonperforming Loans Commercial, financial and agricultural $ 21,676 $ 8,947 $ — $ 30,623 Commercial real estate 15,268 2,757 — 18,025 Construction real estate: SEPH commercial land and development 2,044 — — 2,044 Remaining commercial 4,162 514 — 4,676 Mortgage 7 110 — 117 Installment 64 114 — 178 Residential real estate: Commercial 25,063 261 — 25,324 Mortgage 20,378 10,143 851 31,372 HELOC 1,749 873 27 2,649 Installment 1,657 635 4 2,296 Consumer 3,819 734 1,093 5,646 Total loans $ 95,887 $ 25,088 $ 1,975 $ 122,950 |
Loans Individually And Collectively Evaluated For Impairment | The following table provides additional information regarding those nonaccrual loans and accruing TDR loans that were individually evaluated for impairment and those collectively evaluated for impairment as of June 30, 2016 and December 31, 2015 . June 30, 2016 December 31, 2015 (In thousands) Nonaccrual and Accruing Troubled Debt Restructurings Loans Individually Evaluated for Impairment Loans Collectively Evaluated for Impairment Nonaccrual and Accruing Troubled Debt Restructurings Loans Individually Evaluated for Impairment Loans Collectively Evaluated for Impairment Commercial, financial and agricultural $ 29,823 $ 29,779 $ 44 $ 30,623 $ 30,595 $ 28 Commercial real estate 29,889 29,889 — 18,025 18,025 — Construction real estate: SEPH commercial land and development 1,700 1,700 — 2,044 2,044 — Remaining commercial 4,386 4,386 — 4,676 4,676 — Mortgage 107 — 107 117 — 117 Installment 158 — 158 178 — 178 Residential real estate: Commercial 25,070 25,070 — 25,324 25,324 — Mortgage 31,043 — 31,043 30,521 — 30,521 HELOC 2,464 — 2,464 2,622 — 2,622 Installment 1,241 — 1,241 2,292 — 2,292 Consumer 3,326 20 3,306 4,553 — 4,553 Total loans $ 129,207 $ 90,844 $ 38,363 $ 120,975 $ 80,664 $ 40,311 |
Loans Individually Evaluated For Impairment By Class Of Loans | The following table presents loans individually evaluated for impairment by class of loan, together with the related allowance recorded, as of June 30, 2016 and December 31, 2015 . June 30, 2016 December 31, 2015 (In thousands) Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated With no related allowance recorded: Commercial, financial and agricultural $ 31,097 $ 16,996 $ — $ 32,583 $ 18,763 $ — Commercial real estate 28,658 28,363 — 15,138 14,916 — Construction real estate: SEPH commercial land and development 6,768 1,700 — 10,834 2,044 — Remaining commercial 1,714 1,698 — 2,506 1,531 — Residential real estate: Commercial 24,297 23,617 — 23,798 23,480 — With an allowance recorded: Commercial, financial and agricultural 16,917 12,783 4,295 16,155 11,832 1,904 Commercial real estate 1,526 1,526 275 3,195 3,109 381 Construction real estate: Remaining commercial 2,688 2,688 1,304 3,145 3,145 1,356 Residential real estate: Commercial 1,502 1,453 393 1,951 1,844 550 Consumer 20 20 20 — — — Total $ 115,187 $ 90,844 $ 6,287 $ 109,305 $ 80,664 $ 4,191 |
Average Recorded Investment And Interest Income Recognized On Loans Individually Evaluated For Impairment | The following table presents the average recorded investment and interest income recognized subsequent to impairment on loans individually evaluated for impairment as of and for the three months and six months ended June 30, 2016 and June 30, 2015 : Three Months Ended Three Months Ended (In thousands) Recorded Investment as of June 30, 2016 Average Recorded Investment Interest Income Recognized Recorded Investment as of June 30, 2015 Average Recorded Investment Interest Income Recognized Commercial, financial and agricultural $ 29,779 $ 28,600 $ 308 $ 20,429 $ 18,220 $ 140 Commercial real estate 29,889 22,177 185 17,647 16,850 123 Construction real estate: SEPH commercial land and development 1,700 1,957 — 2,047 2,068 — Remaining commercial 4,386 4,438 15 6,032 5,611 6 Residential real estate: Commercial 25,070 24,648 340 24,441 24,443 273 Consumer 20 5 — — — — Total $ 90,844 $ 81,825 $ 848 $ 70,596 $ 67,192 $ 542 Six Months Ended Six Months Ended (In thousands) Recorded investment as of June 30, 2016 Average recorded investment Interest income recognized Recorded investment as of June 30, 2015 Average recorded investment Interest income recognized Commercial, financial and agricultural $ 29,779 $ 29,319 $ 546 $ 20,429 $ 18,830 $ 271 Commercial real estate 29,889 19,863 365 17,647 18,058 286 Construction real estate: SEPH commercial land and development 1,700 1,994 — 2,047 2,072 8 Remaining commercial 4,386 4,570 28 6,032 5,644 11 Residential real estate: Commercial 25,070 24,795 2,305 24,441 24,864 528 Consumer 20 3 — — — — Total $ 90,844 $ 80,544 $ 3,244 $ 70,596 $ 69,468 $ 1,104 |
Aging Of Recorded Investment In Past Due Loans | The following tables present the aging of the recorded investment in past due loans as of June 30, 2016 and December 31, 2015 by class of loan. June 30, 2016 (In thousands) Accruing Loans Past Due 30-89 Days Past Due Nonaccrual Loans and Loans Past Due 90 Days or More and Accruing (1) Total Past Due Total Current (2) Total Recorded Investment Commercial, financial and agricultural $ 311 $ 8,178 $ 8,489 $ 959,086 $ 967,575 Commercial real estate 359 2,863 3,222 1,131,467 1,134,689 Construction real estate: SEPH commercial land and development — 1,700 1,700 — 1,700 Remaining commercial — 110 110 127,297 127,407 Mortgage 134 — 134 38,196 38,330 Installment 216 16 232 5,544 5,776 Residential real estate: Commercial 70 10,696 10,766 399,526 410,292 Mortgage 9,061 11,121 20,182 1,179,223 1,199,405 HELOC 548 902 1,450 212,731 214,181 Installment 161 548 709 19,129 19,838 Consumer 9,766 1,411 11,177 1,007,611 1,018,788 Leases — — — 3,679 3,679 Total loans $ 20,626 $ 37,545 $ 58,171 $ 5,083,489 $ 5,141,660 (1) Includes $2.4 million of loans past due 90 days or more and accruing. The remaining are past due nonaccrual loans. (2) Includes $75.2 million of nonaccrual loans which are current in regards to contractual principal and interest payments. December 31, 2015 (in thousands) Accruing Loans Past Due 30-89 Days Past Due Total Past Due Total Current (2) Total Recorded Investment Commercial, financial and agricultural $ 670 $ 7,536 $ 8,206 $ 950,958 $ 959,164 Commercial real estate 142 530 672 1,116,940 1,117,612 Construction real estate: SEPH commercial land and development — 2,044 2,044 — 2,044 Remaining commercial 165 84 249 128,118 128,367 Mortgage 63 7 70 36,727 36,797 Installment 200 46 246 6,308 6,554 Residential real estate: Commercial 325 19,521 19,846 391,739 411,585 Mortgage 10,569 8,735 19,304 1,192,984 1,212,288 HELOC 487 186 673 211,511 212,184 Installment 426 318 744 21,972 22,716 Consumer 11,458 3,376 14,834 955,309 970,143 Leases — — — 2,870 2,870 Total loans $ 24,505 $ 42,383 $ 66,888 $ 5,015,436 $ 5,082,324 (1) Includes $2.0 million of loans past due 90 days or more and accruing. The remaining are past due nonaccrual loans. (2) Includes $55.5 million of nonaccrual loans which are current in regards to contractual principal and interest payments. |
Recorded Investment By Loan Grade | The tables below present the recorded investment by loan grade at June 30, 2016 and December 31, 2015 for all commercial loans: June 30, 2016 (In thousands) 5 Rated 6 Rated Nonaccrual and Accruing Troubled Debt Restructurings Pass-Rated Recorded Investment Commercial, financial and agricultural * $ 3,471 $ 105 $ 29,823 $ 934,176 $ 967,575 Commercial real estate * 4,471 447 29,889 1,099,882 1,134,689 Construction real estate: SEPH commercial land and development — — 1,700 — 1,700 Remaining commercial 706 120 4,386 122,195 127,407 Residential real estate: Commercial 1,329 372 25,070 383,521 410,292 Leases — — — 3,679 3,679 Total commercial loans $ 9,977 $ 1,044 $ 90,868 $ 2,543,453 $ 2,645,342 * Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. December 31, 2015 (In thousands) 5 Rated 6 Rated Nonaccrual and Accruing Troubled Debt Restructurings Pass-Rated Recorded Investment Commercial, financial and agricultural * $ 4,392 $ 347 $ 30,623 $ 923,802 $ 959,164 Commercial real estate * 14,880 3,417 18,025 1,081,290 1,117,612 Construction real estate: SEPH commercial land and development — — 2,044 — 2,044 Remaining commercial 2,151 122 4,676 121,418 128,367 Residential real estate: Commercial 3,280 386 25,324 382,595 411,585 Leases — — — 2,870 2,870 Total Commercial Loans $ 24,703 $ 4,272 $ 80,692 $ 2,511,975 $ 2,621,642 |
TDR Number Of Contracts Modified And Recorded Investment | The following tables detail the number of contracts modified as TDRs during the three -month and six -month periods ended June 30, 2016 and June 30, 2015 , as well as the recorded investment of these contracts at June 30, 2016 and June 30, 2015 . The recorded investment pre- and post-modification is generally the same due to the fact that Park does not typically provide for forgiveness of principal. Three Months Ended (In thousands) Number of Contracts Accruing Nonaccrual Total Recorded Investment Commercial, financial and agricultural 10 $ 51 $ 3,248 $ 3,299 Commercial real estate 4 3,326 581 3,907 Construction real estate: SEPH commercial land and development — — — — Remaining commercial 1 — 196 196 Mortgage — — — — Installment 1 — 10 10 Residential real estate: Commercial 1 — 132 132 Mortgage 4 — 441 441 HELOC 2 17 38 55 Installment 2 39 3 42 Consumer 85 122 623 745 Total loans 110 $ 3,555 $ 5,272 $ 8,827 Three Months Ended (In thousands) Number of Contracts Accruing Nonaccrual Total Recorded Investment Commercial, financial and agricultural 12 $ 896 $ 893 $ 1,789 Commercial real estate — — — — Construction real estate: SEPH commercial land and development — — — — Remaining commercial — — — — Mortgage — — — — Installment 1 — 20 20 Residential real estate: Commercial 6 — 832 832 Mortgage 8 39 502 541 HELOC 6 37 37 74 Installment 3 — 57 57 Consumer 90 40 626 666 Total loans 126 $ 1,012 $ 2,967 $ 3,979 Of those loans which were modified and determined to be a TDR during the three -month period ended June 30, 2016 , $1.9 million were on nonaccrual status as of December 31, 2015 . Of those loans which were modified and determined to be a TDR during the three -month period ended June 30, 2015 , $301,000 were on nonaccrual status as of December 31, 2014 . Six Months Ended (In thousands) Number of Contracts Accruing Nonaccrual Total Recorded Investment Commercial, financial and agricultural 17 $ 51 $ 3,945 $ 3,996 Commercial real estate 4 3,327 581 3,908 Construction real estate: SEPH commercial land and development — — — — Remaining commercial 1 — 196 196 Mortgage — — — — Installment 1 — 10 10 Residential real estate: Commercial 3 — 695 695 Mortgage 9 98 654 752 HELOC 8 80 157 237 Installment 2 39 3 42 Consumer 149 134 824 958 Total loans 194 $ 3,729 $ 7,065 $ 10,794 Six Months Ended (In thousands) Number of Contracts Accruing Nonaccrual Total Recorded Investment Commercial, financial and agricultural 25 $ 1,107 $ 1,399 $ 2,506 Commercial real estate 6 — 1,291 1,291 Construction real estate: SEPH commercial land and development — — — — Remaining commercial — — — — Mortgage 1 — 20 20 Installment 1 — 21 21 Residential real estate: Commercial 9 — 1,266 1,266 Mortgage 15 365 704 1,069 HELOC 16 228 114 342 Installment 3 — 57 57 Consumer 156 53 791 844 Total loans 232 $ 1,753 $ 5,663 $ 7,416 Of those loans which were modified and determined to be a TDR during the six -month period ended June 30, 2016 , $2.8 million were on nonaccrual status as of December 31, 2015 . Of those loans which were modified and determined to be a TDR during the six -month period ended June 30, 2015 , $1.3 million were on nonaccrual status as of December 31, 2014 . |
Recorded Investment In Financing Receivable Modified As TDR Within 12 Months | The following tables present the recorded investment in financing receivables which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month and six -month periods ended June 30, 2016 and June 30, 2015 , respectively. For these tables, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional allowance for loan loss resulting from the defaults on TDR loans was immaterial. Three Months Ended Three Months Ended (In thousands) Number of Contracts Recorded Investment Number of Contracts Recorded Investment Commercial, financial and agricultural — $ — 5 $ 56 Commercial real estate 1 582 2 250 Construction real estate: SEPH commercial land and development — — — — Remaining commercial — — — — Mortgage — — — — Installment — — 1 20 Residential real estate: Commercial 2 563 1 102 Mortgage 3 288 13 793 HELOC — — 1 5 Installment 1 3 3 60 Consumer 39 311 60 441 Leases — — — — Total loans 46 $ 1,747 86 $ 1,727 Of the $1.7 million in modified TDRs which defaulted during the three months ended June 30, 2016 , $58,000 were accruing loans and $1.7 million were nonaccrual loans. Of the $1.7 million in modified TDRs which defaulted during the three months ended June 30, 2015 , there were $118,000 accruing loans and $1.6 million were nonaccrual loans. Six Months Ended Six Months Ended (In thousands) Number of Contracts Recorded Investment Number of Contracts Recorded Investment Commercial, financial and agricultural — $ — 5 $ 56 Commercial real estate 1 582 2 250 Construction real estate: SEPH commercial land and development — — — — Remaining commercial — — — — Mortgage — — — — Installment — — 1 20 Residential real estate: Commercial 2 563 1 102 Mortgage 3 288 14 796 HELOC — — 1 5 Installment 1 3 3 60 Consumer 42 339 64 464 Leases — — — — Total loans 49 $ 1,775 91 $ 1,753 Of the $1.8 million in modified TDRs which defaulted during the six months ended June 30, 2016 , $58,000 were accruing loans and $1.7 million were nonaccrual loans. Of the $1.8 million in modified TDRs which defaulted during the six months ended June 30, 2015 , $118,000 were accruing loans and $1.6 million were nonaccrual loans. |
Allowance For Loan Losses (Tabl
Allowance For Loan Losses (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Allowance for Loan and Lease Losses Write-offs, Net [Abstract] | |
Activity In The Allowance For Loan Losses | he activity in the allowance for loan losses for the three and six months ended June 30, 2016 and June 30, 2015 is summarized below. Three Months Ended (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Beginning balance $ 14,240 $ 9,452 $ 8,687 $ 13,388 $ 11,180 $ 1 $ 56,948 Charge-offs 870 77 18 736 2,718 — 4,419 Recoveries 216 1,814 110 407 985 1 3,533 Net charge-offs/(recoveries) 654 (1,737 ) (92 ) 329 1,733 (1 ) 886 Provision/(recovery) 2,892 (1,986 ) (523 ) 121 2,134 (1 ) 2,637 Ending balance $ 16,478 $ 9,203 $ 8,256 $ 13,180 $ 11,581 $ 1 $ 58,699 Three Months Ended (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Beginning balance $ 11,361 $ 9,296 $ 8,755 $ 14,512 $ 11,484 $ — $ 55,408 Charge-offs 499 153 37 735 1,603 — 3,027 Recoveries 281 1,128 679 423 922 1 3,434 Net charge-offs/(recoveries) 218 (975 ) (642 ) 312 681 (1 ) (407 ) Provision/(recovery) 981 (804 ) (727 ) 1,068 1,095 (1 ) 1,612 Ending balance $ 12,124 $ 9,467 $ 8,670 $ 15,268 $ 11,898 $ — $ 57,427 Six Months Ended (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Beginning balance $ 13,694 $ 9,197 $ 8,564 $ 13,514 $ 11,524 $ 1 $ 56,494 Charge-offs 1,144 78 18 1,483 5,097 — 7,820 Recoveries 643 2,032 1,049 878 1,875 1 6,478 Net charge-offs/(recoveries) 501 (1,954 ) (1,031 ) 605 3,222 (1 ) 1,342 Provision/(recovery) 3,285 (1,948 ) (1,339 ) 271 3,279 (1 ) 3,547 Ending balance $ 16,478 $ 9,203 $ 8,256 $ 13,180 $ 11,581 $ 1 $ 58,699 Six Months Ended (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Beginning balance $ 10,719 $ 8,808 $ 8,652 $ 14,772 $ 11,401 $ — $ 54,352 Charge-offs 851 283 37 1,157 4,117 — 6,445 Recoveries 572 1,802 964 1,347 1,588 3 6,276 Net charge-offs/(recoveries) 279 (1,519 ) (927 ) (190 ) 2,529 (3 ) 169 Provision/(recovery) 1,684 (860 ) (909 ) 306 3,026 (3 ) 3,244 Ending balance $ 12,124 $ 9,467 $ 8,670 $ 15,268 $ 11,898 $ — $ 57,427 |
Composition Of The Allowance For Loan Losses | The composition of the allowance for loan losses at June 30, 2016 and December 31, 2015 was as follows: June 30, 2016 (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Ending allowance balance attributed to loans: Individually evaluated for impairment $ 4,295 $ 275 $ 1,304 $ 393 $ 20 $ — $ 6,287 Collectively evaluated for impairment 12,183 8,928 6,952 12,787 11,561 1 52,412 Total ending allowance balance $ 16,478 $ 9,203 $ 8,256 $ 13,180 $ 11,581 $ 1 $ 58,699 Loan balance: Loans individually evaluated for impairment $ 29,774 $ 29,880 $ 6,084 $ 25,070 $ 20 $ — $ 90,828 Loans collectively evaluated for impairment 934,298 1,101,187 166,740 1,815,153 1,015,789 3,649 5,036,816 Total ending loan balance $ 964,072 $ 1,131,067 $ 172,824 $ 1,840,223 $ 1,015,809 $ 3,649 $ 5,127,644 Allowance for loan losses as a percentage of loan balance: Loans individually evaluated for impairment 14.43 % 0.92 % 21.43 % 1.57 % — % — % 6.92 % Loans collectively evaluated for impairment 1.30 % 0.81 % 4.17 % 0.70 % 1.14 % 0.03 % 1.04 % Total 1.71 % 0.81 % 4.78 % 0.72 % 1.14 % 0.03 % 1.14 % Recorded investment: Loans individually evaluated for impairment $ 29,779 $ 29,889 $ 6,086 $ 25,070 $ 20 $ — $ 90,844 Loans collectively evaluated for impairment 937,796 1,104,800 167,127 1,818,646 1,018,768 3,679 5,050,816 Total ending recorded investment $ 967,575 $ 1,134,689 $ 173,213 $ 1,843,716 $ 1,018,788 $ 3,679 $ 5,141,660 December 31, 2015 (In thousands) Commercial, financial and agricultural Commercial real estate Construction real estate Residential real estate Consumer Leases Total Allowance for loan losses: Ending allowance balance attributed to loans: Individually evaluated for impairment $ 1,904 $ 381 $ 1,356 $ 550 $ — $ — $ 4,191 Collectively evaluated for impairment 11,790 8,816 7,208 12,964 11,524 1 52,303 Total ending allowance balance $ 13,694 $ 9,197 $ 8,564 $ 13,514 $ 11,524 $ 1 $ 56,494 Loan balance: Loans individually evaluated for impairment $ 30,545 $ 18,015 $ 6,716 $ 25,323 $ — $ — $ 80,599 Loans collectively evaluated for impairment 925,182 1,095,588 166,629 1,830,120 967,111 2,856 4,987,486 Total ending loan balance $ 955,727 $ 1,113,603 $ 173,345 $ 1,855,443 $ 967,111 $ 2,856 $ 5,068,085 Allowance for loan losses as a percentage of loan balance: Loans individually evaluated for impairment 6.23 % 2.11 % 20.19 % 2.17 % — % — % 5.20 % Loans collectively evaluated for impairment 1.27 % 0.80 % 4.33 % 0.71 % 1.19 % 0.04 % 1.05 % Total 1.43 % 0.83 % 4.94 % 0.73 % 1.19 % 0.04 % 1.11 % Recorded investment: Loans individually evaluated for impairment $ 30,595 $ 18,025 $ 6,720 $ 25,324 $ — $ — $ 80,664 Loans collectively evaluated for impairment 928,569 1,099,587 167,042 1,833,449 970,143 2,870 5,001,660 Total ending recorded investment $ 959,164 $ 1,117,612 $ 173,762 $ 1,858,773 $ 970,143 $ 2,870 $ 5,082,324 |
Other Real Estate Owned (Tables
Other Real Estate Owned (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Other Real Estate Owned [Abstract] | |
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Table Text Block] [Text Block] | Park typically transfers a loan to OREO at the time that Park takes deed/title to the asset. The carrying amount of foreclosed properties held at June 30, 2016 and December 31, 2015 are listed below, as well as the recorded investment of loans secured by residential real estate properties for which formal foreclosure proceedings were in process at those dates. (in thousands) June 30, 2016 December 31, 2015 OREO: Commercial real estate $ 8,182 $ 8,333 Construction real estate 7,095 7,259 Residential real estate 2,289 3,059 Total OREO $ 17,566 $ 18,651 Loans in process of foreclosure: Residential real estate $ 2,599 $ 2,021 |
Earnings Per Common Share (Tabl
Earnings Per Common Share (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Earnings Per Share [Abstract] | |
Summary Of Computation Of Basic And Diluted Earnings Per Common Share | The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2016 and 2015 . Three Months Ended Six Months Ended (In thousands, except share and per common share data) 2016 2015 2016 2015 Numerator: Net income available to common shareholders $ 19,998 $ 21,039 $ 38,684 $ 40,083 Denominator: Weighted-average common shares outstanding 15,330,802 15,370,882 15,330,808 15,375,026 Effect of dilutive performance-based restricted stock units 68,481 36,999 72,088 36,894 Weighted-average common shares outstanding adjusted for the effect of dilutive performance-based restricted stock units 15,399,283 15,407,881 15,402,896 15,411,920 Earnings per common share: Basic earnings per common share $ 1.30 $ 1.37 $ 2.52 $ 2.61 Diluted earnings per common share $ 1.30 $ 1.37 $ 2.51 $ 2.60 |
Segment Information (Tables)
Segment Information (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Segment Reporting [Abstract] | |
Schedule Of Operating Results By Segment | Operating Results for the three months ended June 30, 2016 (In thousands) PNB GFSC SEPH All Other Total Net interest income (loss) $ 56,006 $ 1,440 $ 71 $ (32 ) $ 57,485 Provision for (recovery of) loan losses 1,362 1,444 (169 ) — 2,637 Other income 18,508 — 112 116 18,736 Other expense (income) 42,731 (966 ) 1,332 2,209 45,306 Income (loss) before income taxes $ 30,421 $ 962 $ (980 ) $ (2,125 ) $ 28,278 Federal income taxes (benefit) 9,343 336 (343 ) (1,056 ) 8,280 Net income (loss) $ 21,078 $ 626 $ (637 ) $ (1,069 ) $ 19,998 Assets (as of June 30, 2016) $ 7,351,293 $ 32,546 $ 32,822 $ 14,949 $ 7,431,610 Operating Results for the three months ended June 30, 2015 (In thousands) PNB GFSC SEPH All Other Total Net interest income (expense) $ 54,766 $ 1,679 $ (14 ) $ 84 $ 56,515 Provision for (recovery of) loan losses 2,720 309 (1,417 ) — 1,612 Other income (loss) 18,720 (1 ) 327 145 19,191 Other expense 39,586 759 2,385 1,937 44,667 Income (loss) before income taxes $ 31,180 $ 610 $ (655 ) $ (1,708 ) $ 29,427 Federal income taxes (benefit) 9,847 203 (229 ) (1,433 ) 8,388 Net income (loss) $ 21,333 $ 407 $ (426 ) $ (275 ) $ 21,039 Assets (as of June 30, 2015) $ 7,223,801 $ 37,124 $ 38,873 $ 9,771 $ 7,309,569 Operating Results for the six months ended June 30, 2016 (in thousands) PNB GFSC SEPH All Other Total Net interest income (expense) $ 113,161 $ 2,944 $ 1,232 $ (33 ) $ 117,304 Provision for (recovery of) loan losses 2,895 1,971 (1,319 ) — 3,547 Other income 35,731 — 146 248 36,125 Other expense 84,091 2,832 2,736 5,546 95,205 Income (loss) before income taxes $ 61,906 $ (1,859 ) $ (39 ) $ (5,331 ) $ 54,677 Federal income taxes (benefit) 19,084 (649 ) (14 ) (2,428 ) 15,993 Net income (loss) $ 42,822 $ (1,210 ) $ (25 ) $ (2,903 ) $ 38,684 Operating Results for the six months ended June 30, 2015 (in thousands) PNB GFSC SEPH All Other Total Net interest income (expense) $ 108,587 $ 3,371 $ (102 ) $ 194 $ 112,050 Provision for (recovery of) loan losses 4,742 804 (2,302 ) — 3,244 Other income 36,732 1 1,087 244 38,064 Other expense 81,518 1,538 3,483 3,848 90,387 Income (loss) before income taxes $ 59,059 $ 1,030 $ (196 ) $ (3,410 ) $ 56,483 Federal income taxes (benefit) 18,567 342 (68 ) (2,441 ) 16,400 Net income (loss) $ 40,492 $ 688 $ (128 ) $ (969 ) $ 40,083 |
Investment Securities (Tables)
Investment Securities (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Investments, Debt and Equity Securities [Abstract] | |
Schedule Of Investment Securities | Investment securities at December 31, 2015 , were as follows: Securities Available-for-Sale (In thousands) Amortized Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Estimated Fair Value Obligations of U.S. Treasury and other U.S. Government sponsored entities $ 527,605 $ — $ 5,542 $ 522,063 U.S. Government sponsored entities' asset-backed securities 907,989 8,776 5,272 911,493 Other equity securities 1,120 1,590 — 2,710 Total $ 1,436,714 $ 10,366 $ 10,814 $ 1,436,266 Securities Held-to-Maturity (In thousands) Amortized Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Estimated Fair Value Obligations of states and political subdivision $ 48,190 $ 734 $ — $ 48,924 U.S. Government sponsored entities' asset-backed securities 101,112 1,526 134 102,504 Total $ 149,302 $ 2,260 $ 134 $ 151,428 Investment securities at June 30, 2016 , were as follows: Securities Available-for-Sale (In thousands) Amortized Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Estimated Fair Value Obligations of U.S. Treasury and other U.S. Government sponsored entities $ 360,000 $ 392 $ 25 $ 360,367 U.S. Government sponsored entities' asset-backed securities 920,237 22,453 111 942,579 Other equity securities 1,120 1,508 — 2,628 Total $ 1,281,357 $ 24,353 $ 136 $ 1,305,574 Securities Held-to-Maturity (In thousands) Amortized Cost Gross Unrealized Holding Gains Gross Unrealized Holding Losses Estimated Fair Value U.S. Government sponsored entities' asset-backed securities $ 89,957 $ 2,060 $ 28 $ 91,989 Obligations of states and political subdivisions 94,164 5,404 $ — 99,568 Total $ 184,121 $ 7,464 $ 28 $ 191,557 |
Schedule Of Unrealized Loss On Securities | Securities with unrealized losses at June 30, 2016 , were as follows: Unrealized loss position for less than 12 months Unrealized loss position for 12 months or longer Total (In thousands) Fair value Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Securities Available-for-Sale Obligations of U.S. Treasury and other U.S. Government sponsored entities $ 94,975 $ 25 $ — $ — $ 94,975 $ 25 U.S. Government sponsored entities' asset-backed securities — — $ 61,150 111 $ 61,150 111 Total $ 94,975 $ 25 $ 61,150 $ 111 $ 156,125 $ 136 Securities Held-to-Maturity U.S. Government sponsored entities' asset-backed securities $ — $ — $ 7,759 $ 28 $ 7,759 $ 28 Obligations of states and political subdivisions — $ — — — $ — — Total $ — $ — $ 7,759 $ 28 $ 7,759 $ 28 Securities with unrealized losses at December 31, 2015 , were as follows: Unrealized loss position for less than 12 months Unrealized loss position for 12 months or longer Total (In thousands) Fair value Unrealized losses Fair value Unrealized losses Fair value Unrealized losses Securities Available-for-Sale Obligations of U.S. Treasury and other U.S. Government sponsored entities $ 326,973 $ 2,117 $ 195,090 $ 3,425 $ 522,063 $ 5,542 U.S. Government sponsored entities' asset-backed securities 384,169 2,776 114,543 2,496 498,712 5,272 Total $ 711,142 $ 4,893 $ 309,633 $ 5,921 $ 1,020,775 $ 10,814 Securities Held-to-Maturity U.S. Government sponsored entities' asset-backed securities $ 5,656 $ 10 $ 7,792 $ 124 $ 13,448 $ 134 |
Amortized Cost And Estimated Fair Value Of Investments In Debt Securities By Contractual Maturity | The amortized cost and estimated fair value of investments in debt securities at June 30, 2016 , are shown in the following table by contractual maturity, except for asset-backed securities, which are shown as a single total, due to the unpredictability of the timing of principal repayments. Securities Available-for-Sale (In thousands) Amortized cost Fair value Tax equivalent yield Obligations of U.S. Treasury and other U.S. Government sponsored entities' obligations: Due one through five years $ 345,000 345,362 1.24 % Due five through ten years 15,000 15,005 2.20 % Total $ 360,000 $ 360,367 1.28 % U.S. Government sponsored entities' asset-backed securities: $ 920,237 $ 942,579 2.17 % Securities Held-to-Maturity (In thousands) Amortized cost Fair value Tax equivalent yield Obligations of state and political subdivisions: Due over ten years $ 94,164 $ 99,568 4.45 % Total $ 94,164 $ 99,568 4.45 % U.S. Government sponsored entities' asset-backed securities $ 89,957 $ 91,989 3.35 % |
Other Investment Securities (Ta
Other Investment Securities (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Other Investment Securities [Abstract] | |
Schedule Of Other Investment Securities | Other investment securities consist of stock investments in the Federal Home Loan Bank ("FHLB") and the Federal Reserve Bank ("FRB"). These restricted stock investments are carried at their redemption value. June 30, December 31, 2015 (In thousands) FHLB stock $ 50,086 $ 50,086 FRB stock 8,225 8,225 Total $ 58,311 $ 58,311 |
Pension Plan (Tables)
Pension Plan (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] | |
Components Of Net Periodic Benefit Expense | The following table shows the components of net periodic benefit income: Three Months Ended Six Months Ended (In thousands) 2016 2015 2016 2015 Service cost $ 1,264 $ 1,342 $ 2,528 $ 2,684 Interest cost 1,217 1,174 2,434 2,348 Expected return on plan assets (2,737 ) (2,855 ) (5,474 ) (5,710 ) Amortization of prior service cost — 4 — 8 Recognized net actuarial loss 193 159 386 318 Net periodic benefit income $ (63 ) $ (176 ) $ (126 ) $ (352 ) |
Loan Servicing (Tables)
Loan Servicing (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Transfers and Servicing of Financial Assets [Abstract] | |
Activity For MSRs And Related Valuation Allowance | Activity for MSRs and the related valuation allowance follows: Three Months Ended Six Months Ended (In thousands) 2016 2015 2016 2015 Mortgage servicing rights: Carrying amount, net, beginning of period $ 8,949 $ 8,312 $ 9,008 $ 8,613 Additions 555 494 871 807 Amortization (415 ) (438 ) (790 ) (830 ) Changes in valuation allowance (209 ) 193 (209 ) (29 ) Carrying amount, net, end of period $ 8,880 $ 8,561 $ 8,880 $ 8,561 Valuation allowance: Beginning of period $ 542 $ 1,048 $ 542 $ 826 Changes in valuation allowance 209 (193 ) 209 29 End of period $ 751 $ 855 $ 751 $ 855 |
Fair Value (Tables)
Fair Value (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Schedule of Impaired Financing Receivables Additional Information [Line Items] | |
Schedule of impaired financing receivables additional info [Abstract] | The table below provides additional detail on those impaired loans which are recorded at fair value as well as the remaining impaired loan portfolio not included above. The remaining impaired loans consist of loans which are not collateral dependent as well as loans carried at cost as the fair value of the underlying collateral or the present value of expected future cash flows on each of the loans exceeded the book value for each respective credit. June 30, 2016 (In thousands) Recorded Investment Prior Charge-Offs Specific Valuation Allowance Carrying Balance Impaired loans recorded at fair value $ 9,508 $ 6,118 $ 1,992 $ 7,516 Remaining impaired loans 81,336 18,240 4,295 77,041 Total impaired loans $ 90,844 $ 24,358 $ 6,287 $ 84,557 December 31, 2015 (In thousands) Recorded Investment Prior Charge-Offs Specific Valuation Allowance Carrying Balance Impaired loans recorded at fair value $ 11,783 $ 10,512 $ 2,287 $ 9,496 Remaining impaired loans 68,881 18,193 1,904 66,977 Total impaired loans $ 80,664 $ 28,705 $ 4,191 $ 76,473 |
Assets And Liabilities Measured At Fair Value On A Recurring Basis | The following table presents assets and liabilities measured at fair value on a recurring basis: Fair Value Measurements at June 30, 2016 using: (In thousands) Level 1 Level 2 Level 3 Balance at June 30, 2016 Assets Investment securities: Obligations of U.S. Treasury and other U.S. Government sponsored entities $ — $ 360,367 $ — $ 360,367 U.S. Government sponsored entities’ asset-backed securities — 942,579 — 942,579 Equity securities 1,807 — 821 2,628 Mortgage loans held for sale — 12,125 — 12,125 Mortgage IRLCs — 277 — 277 Liabilities Fair value swap $ — $ — $ 226 $ 226 Fair Value Measurements at December 31, 2015 using: (In thousands) Level 1 Level 2 Level 3 Balance at December 31, 2015 Assets Investment securities: Obligations of U.S. Treasury and other U.S. Government sponsored entities $ — $ 522,063 $ — $ 522,063 U.S. Government sponsored entities’ asset-backed securities — 911,493 — 911,493 Equity securities 1,941 — 769 2,710 Mortgage loans held for sale — 7,306 — 7,306 Mortgage IRLCs — 165 — 165 Liabilities Fair value swap $ — $ — $ 226 $ 226 |
Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis | The tables below are a reconciliation of the beginning and ending balances of the Level 3 inputs for the three and six months ended June 30, 2016 and 2015 , for financial instruments measured on a recurring basis and classified as Level 3: Level 3 Fair Value Measurements Three months ended June 30, 2016 and 2015 (In thousands) Equity Securities Fair value swap Balance at April 1, 2016 $ 813 $ (226 ) Total gains/(losses) Included in earnings – realized — — Included in earnings – unrealized — — Included in other comprehensive income 8 — Purchases, sales, issuances and settlements, other — — Re-evaluation of fair value swap, recorded in other expense — — Balance at June 30, 2016 $ 821 $ (226 ) Balance at April 1, 2015 $ 739 $ (226 ) Total gains/(losses) Included in earnings – realized — — Included in earnings – unrealized — — Included in other comprehensive income 5 — Purchases, sales, issuances and settlements, other — — Re-evaluation of fair value swap — — Balance at June 30, 2015 $ 744 $ (226 ) Level 3 Fair Value Measurements Six months ended June 30, 2016 and 2015 (In thousands) Equity Securities Fair value swap Balance at January 1, 2016 $ 769 $ (226 ) Total gains/(losses) Included in earnings – realized — — Included in earnings – unrealized — — Included in other comprehensive income 52 — Purchases, sales, issuances and settlements, other — — Re-evaluation of fair value swap, recorded in other expense — — Balance at June 30, 2016 $ 821 $ (226 ) Balance at January 1, 2015 $ 776 $ (226 ) Total gains/(losses) Included in earnings – realized — — Included in earnings – unrealized — — Included in other comprehensive income (32 ) — Purchases, sales, issuances and settlements, other — — Re-evaluation of fair value swap — — Balance at June 30, 2015 $ 744 $ (226 ) |
Assets And Liabilities Measured At Fair Value On A Nonrecurring Basis | The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Collateral dependent impaired loans are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken to the property's value subsequent to the initial measurement. Fair Value Measurements at June 30, 2016 using: (In thousands) Level 1 Level 2 Level 3 Balance at June 30, 2016 Impaired loans recorded at fair value: Commercial real estate $ — $ — $ 2,465 $ 2,465 Construction real estate: SEPH commercial land and development — — 1,700 1,700 Remaining commercial — — 1,422 1,422 Residential real estate — — 1,929 1,929 Total impaired loans recorded at fair value $ — $ — $ 7,516 $ 7,516 Mortgage servicing rights $ — $ 4,872 $ — $ 4,872 OREO: Commercial real estate — — 3,184 3,184 Construction real estate — — 3,419 3,419 Residential real estate — — 1,516 1,516 Total OREO $ — $ — $ 8,119 $ 8,119 Fair Value Measurements at December 31, 2015 using: (In thousands) Level 1 Level 2 Level 3 Balance at December 31, 2015 Impaired loans recorded at fair value: Commercial real estate $ — $ — $ 3,698 $ 3,698 Construction real estate: SEPH commercial land and development — — 2,044 2,044 Remaining commercial — — 1,872 1,872 Residential real estate — — 1,882 1,882 Total impaired loans recorded at fair value $ — $ — $ 9,496 $ 9,496 Mortgage servicing rights $ — $ 1,867 $ — $ 1,867 OREO: Commercial real estate — — 2,796 2,796 Construction real estate — — 3,387 3,387 Residential real estate — — 2,332 2,332 Total OREO $ — $ — $ 8,515 $ 8,515 |
Qualitative Information about Level 3 Fair Value Measurements Measured on Non-Recurring Basis | The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at June 30, 2016 and December 31, 2015 : June 30, 2016 (In thousands) Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) Impaired loans: Commercial real estate $ 2,465 Sales comparison approach Adj to comparables 0.0% - 90.0% (20.1%) Income approach Capitalization rate 7.0% - 9.2% (8.3%) Cost approach Accumulated depreciation 50.0% (50.0%) Construction real estate: SEPH commercial land and development $ 1,700 Sales comparison approach Adj to comparables 5.0% - 40.0% (22.5%) Remaining commercial $ 1,422 Sales comparison approach Adj to comparables 0.0% - 15.6% (1.0%) Bulk sale approach Discount rate 10.0% (10.0%) Residential real estate $ 1,929 Sales comparison approach Adj to comparables 0.0% - 87.4% (16.8%) Income approach Capitalization rate 10.0% - 10.1% (10.0%) Cost approach Accumulated depreciation 50.0% (50.0%) Other real estate owned: Commercial real estate $ 3,184 Sales comparison approach Adj to comparables 0.0% - 69.0% (22.6%) Income approach Capitalization rate 9.5% - 14.0% (9.9%) Construction real estate $ 3,419 Sales comparison approach Adj to comparables 0.0% - 85.0% (27.2%) Bulk sale approach Discount rate 15.0% (15.0%) Residential real estate $ 1,516 Sales comparison approach Adj to comparables 0.1% - 61.8% (26.0%) Balance at December 31, 2015 (In thousands) Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) Impaired loans: Commercial real estate $ 3,698 Sales comparison approach Adj to comparables 0.0% - 45.9% (20.3%) Income approach Capitalization rate 7.0% - 13.3% (9.5%) Cost approach Accumulated depreciation 50.0% (50.0%) Construction real estate: SEPH commercial land and development $ 2,044 Sales comparison approach Adj to comparables 5.0% - 40.0% (22.1%) Bulk sale approach Discount rate 10.7% (10.7%) Remaining commercial $ 1,872 Sales comparison approach Adj to comparables 0.0% - 25.3% (1.0%) Bulk sale approach Discount rate 10.0% - 10.7% (10.0%) Residential real estate $ 1,882 Sales comparison approach Adj to comparables 0.0% - 96.7% (12.5%) Income approach Capitalization rate 3.8% - 10.1% (9.1%) Cost approach Accumulated depreciation 33.3% - 50.0% (43.4%) Other real estate owned: Commercial real estate $ 2,796 Sales comparison approach Adj to comparables 2.0% - 71.0% (26.9%) Income approach Capitalization rate 9.5% (9.5%) Construction real estate $ 3,387 Sales comparison approach Adj to comparables 0.0% - 85.0% (24.3%) Bulk sale approach Discount rate 15.0% (15.0%) Residential real estate $ 2,332 Sales comparison approach Adj to comparables 0.1% - 61.8% (23.0%) |
Fair Value, by Balance Sheet Grouping | The fair value of financial instruments at June 30, 2016 and December 31, 2015 , was as follows: June 30, 2016 Fair Value Measurements (In thousands) Carrying value Level 1 Level 2 Level 3 Total fair value Financial assets: Cash and money market instruments $ 315,889 $ 315,889 $ — $ — $ 315,889 Investment securities 1,489,695 1,807 1,494,503 821 1,497,131 Accrued interest receivable - securities 3,481 — 3,481 — 3,481 Accrued interest receivable - loans 14,016 — — 14,016 14,016 Loans held for sale 12,125 — 12,125 — 12,125 Mortgage IRLCs 277 — 277 — 277 Impaired loans carried at fair value 7,516 — — 7,516 7,516 Other loans, net 5,049,027 — — 5,030,111 5,030,111 Loans receivable, net $ 5,068,945 $ — $ 12,402 $ 5,037,627 $ 5,050,029 Financial liabilities: Noninterest bearing checking accounts $ 1,378,053 $ 1,378,053 $ — $ — $ 1,378,053 Interest bearing transactions accounts 1,227,177 1,227,177 — — 1,227,177 Savings accounts 1,763,907 1,763,907 — — 1,763,907 Time deposits 1,250,676 — 1,257,108 — 1,257,108 Other 4,066 4,066 — — 4,066 Total deposits $ 5,623,879 $ 4,373,203 $ 1,257,108 $ — $ 5,630,311 Short-term borrowings $ 210,731 $ — $ 210,731 $ — $ 210,731 Long-term debt 741,174 — 781,862 — 781,862 Subordinated debentures/notes 45,000 — 40,857 — 40,857 Accrued interest payable – deposits 1,023 72 951 — 1,023 Accrued interest payable – debt/borrowings 1,313 — 1,313 — 1,313 Derivative financial instruments: Fair value swap $ 226 $ — $ — $ 226 $ 226 December 31, 2015 Fair Value Measurements (In thousands) Carrying value Level 1 Level 2 Level 3 Total fair value Financial assets: Cash and money market instruments $ 149,459 $ 149,459 $ — $ — $ 149,459 Investment securities 1,585,568 1,941 1,584,984 769 1,587,694 Accrued interest receivable - securities 4,436 — 4,436 — 4,436 Accrued interest receivable - loans 14,239 — — 14,239 14,239 Loans held for sale 7,306 — 7,306 — 7,306 Mortgage IRLCs 165 — 165 — 165 Impaired loans carried at fair value 9,496 — — 9,496 9,496 Other loans, net 4,994,624 — — 4,997,318 4,997,318 Loans receivable, net $ 5,011,591 $ — $ 7,471 $ 5,006,814 $ 5,014,285 Financial liabilities: Noninterest bearing checking accounts $ 1,404,032 $ 1,404,032 $ — $ — $ 1,404,032 Interest bearing transactions accounts 1,107,200 1,107,200 — — 1,107,200 Savings accounts 1,544,708 1,544,708 — — 1,544,708 Time deposits 1,290,412 — 1,295,329 — 1,295,329 Other 1,290 1,290 — — 1,290 Total deposits $ 5,347,642 $ 4,057,230 $ 1,295,329 $ — $ 5,352,559 Short-term borrowings $ 394,242 $ — $ 394,242 $ — $ 394,242 Long-term debt 738,105 — 771,420 — 771,420 Subordinated debentures/notes 45,000 — 41,596 — 41,596 Accrued interest payable – deposits 987 66 921 — 987 Accrued interest payable – debt/borrowings 1,351 4 1,347 — 1,351 Derivative financial instruments: Fair value swap $ 226 $ — $ — $ 226 $ 226 |
Other Comprehensive Income (L38
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss) Net of Tax (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Statement of Comprehensive Income [Abstract] | |
Comprehensive Income (Loss) [Table Text Block] | Other comprehensive income components, net of tax, are shown in the following table for the three-month and six -month periods ended June 30, 2016 and 2015 : (in thousands) Changes in pension plan assets and benefit obligations Unrealized gains and losses on available for sale securities Total Beginning balance at April 1, 2016 $ (15,351 ) $ 11,388 $ (3,963 ) Other comprehensive income before reclassifications — 4,352 4,352 Amounts reclassified from accumulated other comprehensive income — — — Net current period other comprehensive income — 4,352 4,352 Ending balance at June 30, 2016 $ (15,351 ) $ 15,740 $ 389 Beginning balance at April 1, 2015 $ (14,865 ) $ 9,116 $ (5,749 ) Other comprehensive loss before reclassifications — (8,231 ) (8,231 ) Amounts reclassified from accumulated other comprehensive loss — — — Net current period other comprehensive loss — (8,231 ) (8,231 ) Ending balance at June 30, 2015 $ (14,865 ) $ 885 $ (13,980 ) (in thousands) Changes in pension plan assets and benefit obligations Unrealized gains and losses on available for sale securities Total Beginning balance at January 1, 2016 $ (15,351 ) $ (292 ) $ (15,643 ) Other comprehensive income before reclassifications — 16,032 16,032 Amounts reclassified from accumulated other comprehensive income — — — Net current period other comprehensive income — 16,032 16,032 Ending balance at June 30, 2016 $ (15,351 ) $ 15,740 $ 389 Beginning balance at January 1, 2015 $ (14,865 ) $ 1,257 $ (13,608 ) Other comprehensive loss before reclassifications — (372 ) (372 ) Amounts reclassified from accumulated other comprehensive loss — — — Net current period other comprehensive loss — (372 ) (372 ) Ending balance at June 30, 2015 $ (14,865 ) $ 885 $ (13,980 ) |
Investment in Qualified Affor39
Investment in Qualified Affordable Housing (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Schedule of Equity Method Investments [Line Items] | |
Activity in Affordable Housing Program Obligation [Table Text Block] | The table below details the balances of Park’s affordable housing tax credit investments and related unfunded commitments as of June 30, 2016 and December 31, 2015. (in thousands) June 30, 2016 December 31, 2015 Affordable housing tax credit investments $ 47,576 $ 51,247 Unfunded commitments 15,995 20,311 |
Repurchase Agreement Borrowin40
Repurchase Agreement Borrowings (Tables) | 6 Months Ended |
Jun. 30, 2016 | |
Transfers and Servicing [Abstract] | |
Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings [Table Text Block] | The following table presents the carrying value of Park's repurchase agreements by remaining contractual maturity at June 30, 2016 and December 31, 2015 : June 30, 2016 (in thousands) Remaining Contractual Maturity of the Agreements Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total U.S. government and agency securities $ 209,627 $ — $ — $ 301,104 $ 510,731 December 31, 2015 (in thousands) Remaining Contractual Maturity of the Agreements Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total U.S. government and agency securities $ 247,618 $ 2,239 $ — $ 304,385 $ 554,242 |
Loans (Narrative) (Details)
Loans (Narrative) (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015 | |
Financing Receivable, Recorded Investment [Line Items] | |||||
Loans and Leases Receivable, Deferred Income | $ 10,500,000 | $ 10,500,000 | $ 10,400,000 | ||
Troubled Debt Restructuring, Classification removed | 917,000 | 1,700,000 | |||
Partial Charge-Offs On Impaired Loans | 24,358,000 | 28,705,000 | |||
Impaired Financing Receivable, Related Allowance | 6,287,000 | 6,287,000 | 4,191,000 | ||
Recorded investment, related to loans | 18,500,000 | 18,500,000 | 19,900,000 | ||
Troubled Debt Restructuring Included In Nonaccrual Loans | 49,600,000 | 49,600,000 | 41,100,000 | ||
TDRs included in accruing loan totals | 17,800,000 | 17,800,000 | 25,100,000 | ||
Nonaccrual Trouble Debt Restructuring Current | 42,000,000 | 42,000,000 | 19,100,000 | ||
Commitments to lend additional funds to borrowers whose terms had been modified in a TDR | 2,500,000 | 2,500,000 | 2,300,000 | ||
Specific reserves related to troubled debt restructuring | 4,000,000 | 4,000,000 | 2,300,000 | ||
Additional Specific Reserves Related To Troubled Debt Restructuring | 950,000 | $ 104,000 | 975,000 | $ 961,000 | |
Modified substandard commercial loans, total recorded investment | 33,000 | 112,000 | 33,000 | 112,000 | |
Modified substandard consumer loans, total recorded investment | 4,400,000 | 10,400,000 | 4,400,000 | 10,400,000 | |
Loan Modifications on Nonacrrual status | 1,900,000 | 301,000 | $ 2,800,000 | 1,300,000 | |
Loan past due period before entering default status | 30 days | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | 1,747,000 | 1,727,000 | $ 1,775,000 | 1,753,000 | |
Deposit Liabilities Reclassified as Loans Receivable | 1,800,000 | 1,800,000 | 1,700,000 | ||
Financing Receivable With No Related Allowance Recorded [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Partial Charge-Offs On Impaired Loans | 20,200,000 | 24,200,000 | |||
Financing Receivable With A Related Allowance Recorded [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Partial Charge-Offs On Impaired Loans | 4,200,000 | 4,500,000 | |||
Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | 582,000 | 250,000 | 582,000 | 250,000 | |
Commercial Real Estate [Member] | Financing Receivable With No Related Allowance Recorded [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Impaired Financing Receivable, Related Allowance | 0 | 0 | 0 | ||
Commercial Real Estate [Member] | Financing Receivable With A Related Allowance Recorded [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Impaired Financing Receivable, Related Allowance | 275,000 | 275,000 | $ 381,000 | ||
Accruing [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Loans modified during period | 58,000 | 118,000 | 58,000 | 118,000 | |
Nonaccrual [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Loans modified during period | $ 1,700,000 | $ 1,600,000 | $ 1,700,000 | $ 1,600,000 |
Loans (Composition Of Loan Port
Loans (Composition Of Loan Portfolio By Class Of Loan) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015 | ||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Impaired Financing Receivable, Recorded Investment | $ 90,844 | $ 70,596 | $ 90,844 | $ 70,596 | $ 80,664 | |
Loan balance | 5,127,644 | 5,127,644 | 5,068,085 | |||
Accrued interest receivable | 17,497 | 17,497 | 18,675 | |||
Recorded Investment | 5,141,660 | 5,141,660 | 5,082,324 | |||
Impaired Financing Receivable, Average Recorded Investment | 81,825 | 67,192 | 80,544 | 69,468 | ||
Impaired Financing Receivable, Interest Income, Cash Basis Method | 848 | 542 | 3,244 | 1,104 | ||
Commercial Financial And Agricultural [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Impaired Financing Receivable, Recorded Investment | 29,779 | 20,429 | 29,779 | 20,429 | ||
Impaired Financing Receivable, Average Recorded Investment | 28,600 | 18,220 | 29,319 | 18,830 | ||
Impaired Financing Receivable, Interest Income, Cash Basis Method | 308 | 140 | 546 | 271 | ||
Construction Real Estate, SEPH Commercial Land and Development [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Impaired Financing Receivable, Recorded Investment | 1,700 | 2,047 | 1,700 | 2,047 | ||
Loan balance | [1] | 1,700 | 1,700 | 2,044 | ||
Accrued interest receivable | [1] | 0 | 0 | 0 | ||
Recorded Investment | [1] | 1,700 | 1,700 | 2,044 | ||
Impaired Financing Receivable, Average Recorded Investment | 1,957 | 2,068 | 1,994 | 2,072 | ||
Impaired Financing Receivable, Interest Income, Cash Basis Method | 0 | 0 | 0 | 8 | ||
Construction Real Estate - Remaining Commercial [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Impaired Financing Receivable, Recorded Investment | 4,386 | 6,032 | 4,386 | 6,032 | ||
Loan balance | 127,108 | 127,108 | 128,046 | |||
Accrued interest receivable | 299 | 299 | 321 | |||
Recorded Investment | 127,407 | 127,407 | 128,367 | |||
Impaired Financing Receivable, Average Recorded Investment | 4,438 | 5,611 | 4,570 | 5,644 | ||
Impaired Financing Receivable, Interest Income, Cash Basis Method | 15 | 6 | 28 | 11 | ||
Construction Real Estate - Mortgage [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loan balance | 38,260 | 38,260 | 36,722 | |||
Accrued interest receivable | 70 | 70 | 75 | |||
Recorded Investment | 38,330 | 38,330 | 36,797 | |||
Construction Real Estate - Installment [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loan balance | 5,756 | 5,756 | 6,533 | |||
Accrued interest receivable | 20 | 20 | 21 | |||
Recorded Investment | 5,776 | 5,776 | 6,554 | |||
Residential Real Estate - Commercial [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Impaired Financing Receivable, Recorded Investment | 25,070 | 24,441 | 25,070 | 24,441 | ||
Loan balance | 409,361 | 409,361 | 410,571 | |||
Accrued interest receivable | 931 | 931 | 1,014 | |||
Recorded Investment | 410,292 | 410,292 | 411,585 | |||
Impaired Financing Receivable, Average Recorded Investment | 24,648 | 24,443 | 24,795 | 24,864 | ||
Impaired Financing Receivable, Interest Income, Cash Basis Method | 340 | 273 | 2,305 | 528 | ||
Residential Real Estate - Mortgage [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loan balance | 1,197,704 | 1,197,704 | 1,210,819 | |||
Accrued interest receivable | 1,701 | 1,701 | 1,469 | |||
Recorded Investment | 1,199,405 | 1,199,405 | 1,212,288 | |||
Residential Real Estate - HELOC [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loan balance | 213,390 | 213,390 | 211,415 | |||
Accrued interest receivable | 791 | 791 | 769 | |||
Recorded Investment | 214,181 | 214,181 | 212,184 | |||
Residential Real Estate - Installment [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loan balance | 19,768 | 19,768 | 22,638 | |||
Accrued interest receivable | 70 | 70 | 78 | |||
Recorded Investment | 19,838 | 19,838 | 22,716 | |||
Loans Receivable [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Accrued interest receivable | 14,016 | 14,016 | 14,239 | |||
Commercial Financial And Agricultural [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loan balance | [1] | 964,072 | 964,072 | 955,727 | ||
Accrued interest receivable | [1] | 3,503 | 3,503 | 3,437 | ||
Recorded Investment | [1] | 967,575 | 967,575 | 959,164 | ||
Commercial Real Estate [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Impaired Financing Receivable, Recorded Investment | 29,889 | 17,647 | 29,889 | 17,647 | ||
Loan balance | [1] | 1,131,067 | 1,131,067 | 1,113,603 | ||
Accrued interest receivable | [1] | 3,622 | 3,622 | 4,009 | ||
Recorded Investment | [1] | 1,134,689 | 1,134,689 | 1,117,612 | ||
Impaired Financing Receivable, Average Recorded Investment | 22,177 | 16,850 | 19,863 | 18,058 | ||
Impaired Financing Receivable, Interest Income, Cash Basis Method | 185 | $ 123 | 365 | $ 286 | ||
Consumer [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Impaired Financing Receivable, Recorded Investment | 20 | 20 | ||||
Loan balance | 1,015,809 | 1,015,809 | 967,111 | |||
Accrued interest receivable | 2,979 | 2,979 | 3,032 | |||
Recorded Investment | 1,018,788 | 1,018,788 | 970,143 | |||
Impaired Financing Receivable, Average Recorded Investment | 5 | 3 | ||||
Leases [Member] | ||||||
Financing Receivable, Recorded Investment [Line Items] | ||||||
Loan balance | 3,649 | 3,649 | 2,856 | |||
Accrued interest receivable | 30 | 30 | 14 | |||
Recorded Investment | $ 3,679 | $ 3,679 | $ 2,870 | |||
[1] | Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. |
Loans (Recorded Investment In N
Loans (Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | $ 111,429 | $ 95,887 |
Accruing restructured loans | 17,778 | 25,088 |
Loans past due 90 days or more and accruing | 2,356 | 1,975 |
Total nonperforming loans | 131,563 | 122,950 |
Commercial Financial And Agricultural [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 29,159 | 21,676 |
Accruing restructured loans | 664 | 8,947 |
Loans past due 90 days or more and accruing | 0 | |
Total nonperforming loans | 29,823 | 30,623 |
Construction Real Estate, SEPH Commercial Land and Development [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 1,700 | 2,044 |
Accruing restructured loans | 0 | 0 |
Loans past due 90 days or more and accruing | 0 | 0 |
Total nonperforming loans | 1,700 | 2,044 |
Construction Real Estate - Remaining Commercial [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 3,962 | 4,162 |
Accruing restructured loans | 424 | 514 |
Loans past due 90 days or more and accruing | 0 | 0 |
Total nonperforming loans | 4,386 | 4,676 |
Construction Real Estate - Mortgage [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 0 | 7 |
Accruing restructured loans | 107 | 110 |
Loans past due 90 days or more and accruing | 0 | 0 |
Total nonperforming loans | 107 | 117 |
Construction Real Estate - Installment [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 51 | 64 |
Accruing restructured loans | 107 | 114 |
Loans past due 90 days or more and accruing | 0 | 0 |
Total nonperforming loans | 158 | 178 |
Residential Real Estate - Commercial [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 25,070 | 25,063 |
Accruing restructured loans | 0 | 261 |
Loans past due 90 days or more and accruing | 0 | |
Total nonperforming loans | 25,070 | 25,324 |
Residential Real Estate - Mortgage [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 21,695 | 20,378 |
Accruing restructured loans | 9,348 | 10,143 |
Loans past due 90 days or more and accruing | 1,200 | 851 |
Total nonperforming loans | 32,243 | 31,372 |
Residential Real Estate - HELOC [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 1,738 | 1,749 |
Accruing restructured loans | 726 | 873 |
Loans past due 90 days or more and accruing | 233 | 27 |
Total nonperforming loans | 2,697 | 2,649 |
Residential Real Estate - Installment [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 634 | 1,657 |
Accruing restructured loans | 607 | 635 |
Loans past due 90 days or more and accruing | 152 | 4 |
Total nonperforming loans | 1,393 | 2,296 |
Commercial Real Estate [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 24,845 | 15,268 |
Accruing restructured loans | 5,044 | 2,757 |
Loans past due 90 days or more and accruing | 0 | |
Total nonperforming loans | 29,889 | 18,025 |
Consumer [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Nonaccrual loans | 2,575 | 3,819 |
Accruing restructured loans | 751 | 734 |
Loans past due 90 days or more and accruing | 771 | 1,093 |
Total nonperforming loans | $ 4,097 | $ 5,646 |
Loans (Loans Individually And C
Loans (Loans Individually And Collectively Evaluated For Impairment) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2016 | Dec. 31, 2015 | |
Financing Receivable, Impaired [Line Items] | ||
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment | $ 6,287 | $ 4,191 |
Nonaccrual and accruing restructured loans | 129,207 | 120,975 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 90,844 | 80,664 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 38,363 | 40,311 |
Partial Charge-Offs On Impaired Loans | 24,358 | 28,705 |
Commercial Financial And Agricultural [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 29,823 | 30,623 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 29,779 | 30,595 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 44 | 28 |
Construction Real Estate, SEPH Commercial Land and Development [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 1,700 | 2,044 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 1,700 | 2,044 |
Construction Real Estate - Remaining Commercial [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 4,386 | 4,676 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 4,386 | 4,676 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 0 | 0 |
Construction Real Estate - Mortgage [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 107 | 117 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 0 | 0 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 107 | 117 |
Construction Real Estate - Installment [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 158 | 178 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 0 | 0 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 158 | 178 |
Residential Real Estate - Commercial [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 25,070 | 25,324 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 25,070 | 25,324 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 0 | 0 |
Residential Real Estate - Mortgage [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 31,043 | 30,521 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 0 | 0 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 31,043 | 30,521 |
Residential Real Estate - HELOC [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 2,464 | 2,622 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 0 | 0 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 2,464 | 2,622 |
Residential Real Estate - Installment [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Nonaccrual and accruing restructured loans | 1,241 | 2,292 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 0 | 0 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 1,241 | 2,292 |
Commercial Real Estate [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment | 275 | 381 |
Nonaccrual and accruing restructured loans | 29,889 | 18,025 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 29,889 | 18,025 |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 0 | 0 |
Consumer [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment | 20 | 0 |
Nonaccrual and accruing restructured loans | 3,326 | 4,553 |
Nonaccrual and accruing restructured loans, loans individually evaluated for impairment | 20 | |
Nonaccrual and accruing restructured loans, loans collectively evaluated for impairment | 3,306 | 4,553 |
Financing Receivable With No Related Allowance Recorded [Member] | ||
Financing Receivable, Impaired [Line Items] | ||
Partial Charge-Offs On Impaired Loans | $ 20,200 | $ 24,200 |
Loans (Loans Individually Evalu
Loans (Loans Individually Evaluated For Impairment By Class Of Loans) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015 | |
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | $ 115,187 | $ 115,187 | $ 109,305 | ||
Recorded investment | 90,844 | $ 70,596 | 90,844 | $ 70,596 | 80,664 |
Allowance for loan losses allocated | 6,287 | 6,287 | 4,191 | ||
Impaired Financing Receivable, Average Recorded Investment | 81,825 | 67,192 | 80,544 | 69,468 | |
Impaired Financing Receivable, Interest Income, Cash Basis Method | 848 | 542 | 3,244 | 1,104 | |
Commercial Financial And Agricultural [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 29,779 | 20,429 | 29,779 | 20,429 | |
Impaired Financing Receivable, Average Recorded Investment | 28,600 | 18,220 | 29,319 | 18,830 | |
Impaired Financing Receivable, Interest Income, Cash Basis Method | 308 | 140 | 546 | 271 | |
Commercial Financial And Agricultural [Member] | Financing Receivable With No Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 31,097 | 31,097 | 32,583 | ||
Recorded investment | 16,996 | 16,996 | 18,763 | ||
Allowance for loan losses allocated | 0 | 0 | 0 | ||
Commercial Financial And Agricultural [Member] | Financing Receivable With A Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 16,917 | 16,917 | 16,155 | ||
Recorded investment | 12,783 | 12,783 | 11,832 | ||
Allowance for loan losses allocated | 4,295 | 4,295 | 1,904 | ||
Construction Real Estate, SEPH Commercial Land and Development [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 1,700 | 2,047 | 1,700 | 2,047 | |
Impaired Financing Receivable, Average Recorded Investment | 1,957 | 2,068 | 1,994 | 2,072 | |
Impaired Financing Receivable, Interest Income, Cash Basis Method | 0 | 0 | 0 | 8 | |
Construction Real Estate, SEPH Commercial Land and Development [Member] | Financing Receivable With No Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 6,768 | 6,768 | 10,834 | ||
Recorded investment | 1,700 | 1,700 | 2,044 | ||
Allowance for loan losses allocated | 0 | 0 | 0 | ||
Construction Real Estate - Remaining Commercial [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 4,386 | 6,032 | 4,386 | 6,032 | |
Impaired Financing Receivable, Average Recorded Investment | 4,438 | 5,611 | 4,570 | 5,644 | |
Impaired Financing Receivable, Interest Income, Cash Basis Method | 15 | 6 | 28 | 11 | |
Construction Real Estate - Remaining Commercial [Member] | Financing Receivable With No Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 1,714 | 1,714 | 2,506 | ||
Recorded investment | 1,698 | 1,698 | 1,531 | ||
Allowance for loan losses allocated | 0 | 0 | 0 | ||
Construction Real Estate - Remaining Commercial [Member] | Financing Receivable With A Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 2,688 | 2,688 | 3,145 | ||
Recorded investment | 2,688 | 2,688 | 3,145 | ||
Allowance for loan losses allocated | 1,304 | 1,304 | 1,356 | ||
Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 25,070 | 24,441 | 25,070 | 24,441 | |
Impaired Financing Receivable, Average Recorded Investment | 24,648 | 24,443 | 24,795 | 24,864 | |
Impaired Financing Receivable, Interest Income, Cash Basis Method | 340 | 273 | 2,305 | 528 | |
Residential Real Estate - Commercial [Member] | Financing Receivable With No Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 24,297 | 24,297 | 23,798 | ||
Recorded investment | 23,617 | 23,617 | 23,480 | ||
Allowance for loan losses allocated | 0 | 0 | 0 | ||
Residential Real Estate - Commercial [Member] | Financing Receivable With A Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 1,502 | 1,502 | 1,951 | ||
Recorded investment | 1,453 | 1,453 | 1,844 | ||
Allowance for loan losses allocated | 393 | 393 | 550 | ||
Commercial Real Estate [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 29,889 | 17,647 | 29,889 | 17,647 | |
Impaired Financing Receivable, Average Recorded Investment | 22,177 | 16,850 | 19,863 | 18,058 | |
Impaired Financing Receivable, Interest Income, Cash Basis Method | 185 | $ 123 | 365 | $ 286 | |
Commercial Real Estate [Member] | Financing Receivable With No Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 28,658 | 28,658 | 15,138 | ||
Recorded investment | 28,363 | 28,363 | 14,916 | ||
Allowance for loan losses allocated | 0 | 0 | 0 | ||
Commercial Real Estate [Member] | Financing Receivable With A Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 1,526 | 1,526 | 3,195 | ||
Recorded investment | 1,526 | 1,526 | 3,109 | ||
Allowance for loan losses allocated | 275 | 275 | $ 381 | ||
Consumer [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 20 | 20 | |||
Impaired Financing Receivable, Average Recorded Investment | 5 | 3 | |||
Consumer [Member] | Financing Receivable With A Related Allowance Recorded [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Unpaid principal balance | 20 | 20 | |||
Recorded investment | 20 | 20 | |||
Allowance for loan losses allocated | $ 20 | $ 20 |
Loans (Average Recorded Investm
Loans (Average Recorded Investment And Interest Income Recognized On Loans Individually Evaluated For Impairment) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015 | |
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | $ 90,844 | $ 70,596 | $ 90,844 | $ 70,596 | $ 80,664 |
Average recorded investment | 81,825 | 67,192 | 80,544 | 69,468 | |
Interest income recognized | 848 | 542 | 3,244 | 1,104 | |
Commercial Financial And Agricultural [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 29,779 | 20,429 | 29,779 | 20,429 | |
Average recorded investment | 28,600 | 18,220 | 29,319 | 18,830 | |
Interest income recognized | 308 | 140 | 546 | 271 | |
Construction Real Estate, SEPH Commercial Land and Development [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 1,700 | 2,047 | 1,700 | 2,047 | |
Average recorded investment | 1,957 | 2,068 | 1,994 | 2,072 | |
Interest income recognized | 0 | 0 | 0 | 8 | |
Construction Real Estate - Remaining Commercial [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 4,386 | 6,032 | 4,386 | 6,032 | |
Average recorded investment | 4,438 | 5,611 | 4,570 | 5,644 | |
Interest income recognized | 15 | 6 | 28 | 11 | |
Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 25,070 | 24,441 | 25,070 | 24,441 | |
Average recorded investment | 24,648 | 24,443 | 24,795 | 24,864 | |
Interest income recognized | 340 | 273 | 2,305 | 528 | |
Commercial Real Estate [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 29,889 | 17,647 | 29,889 | 17,647 | |
Average recorded investment | 22,177 | 16,850 | 19,863 | 18,058 | |
Interest income recognized | 185 | $ 123 | 365 | $ 286 | |
Consumer [Member] | |||||
Financing Receivable, Impaired [Line Items] | |||||
Recorded investment | 20 | 20 | |||
Average recorded investment | $ 5 | $ 3 |
Loans (Aging Of Recorded Invest
Loans (Aging Of Recorded Investment In Past Due Loans) (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | |||||||
Jun. 30, 2016USD ($)contracts | Jun. 30, 2015USD ($)contracts | Jun. 30, 2016USD ($)contracts | Jun. 30, 2015USD ($)contracts | Dec. 31, 2015USD ($) | |||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 110 | 126 | 194 | 232 | |||||
Accruing loans past due 30-89 days | $ 20,626 | $ 20,626 | $ 24,505 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 37,545 | [1] | 37,545 | [1] | 42,383 | [2] | |||
Total loans past due | 58,171 | 58,171 | 66,888 | ||||||
Total current | 5,083,489 | 5,083,489 | 5,015,436 | ||||||
Recorded Investment | 5,141,660 | 5,141,660 | 5,082,324 | ||||||
Loans past due 90 days or more and accruing | 2,356 | 2,356 | 1,975 | ||||||
Impaired Financing Receivable, Recorded Investment, Nonaccrual loans which are current in regards to contractual P&I payments | 75,200 | 75,200 | 55,500 | ||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 8,827 | $ 3,979 | $ 10,794 | $ 7,416 | |||||
Commercial Financial And Agricultural [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 10 | 12 | 17 | 25 | |||||
Accruing loans past due 30-89 days | $ 311 | $ 311 | 670 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 8,178 | [1] | 8,178 | [1] | 7,536 | [2] | |||
Total loans past due | 8,489 | 8,489 | 8,206 | ||||||
Total current | 959,086 | 959,086 | 950,958 | ||||||
Loans past due 90 days or more and accruing | 0 | 0 | |||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 3,299 | $ 1,789 | 3,996 | $ 2,506 | |||||
Construction Real Estate, SEPH Commercial Land and Development [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Accruing loans past due 30-89 days | 0 | 0 | |||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 1,700 | [1] | 1,700 | [1] | 2,044 | [2] | |||
Total loans past due | 1,700 | 1,700 | 2,044 | ||||||
Recorded Investment | [3] | 1,700 | 1,700 | 2,044 | |||||
Loans past due 90 days or more and accruing | $ 0 | $ 0 | 0 | ||||||
Construction Real Estate - Remaining Commercial [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 1 | 0 | 1 | 0 | |||||
Accruing loans past due 30-89 days | 165 | ||||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | $ 110 | [1] | $ 110 | [1] | 84 | [2] | |||
Total loans past due | 110 | 110 | 249 | ||||||
Total current | 127,297 | 127,297 | 128,118 | ||||||
Recorded Investment | 127,407 | 127,407 | 128,367 | ||||||
Loans past due 90 days or more and accruing | 0 | 0 | 0 | ||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 196 | $ 196 | |||||||
Construction Real Estate - Mortgage [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 0 | 0 | 0 | 1 | |||||
Accruing loans past due 30-89 days | $ 134 | $ 134 | 63 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | [2] | 7 | |||||||
Total loans past due | 134 | 134 | 70 | ||||||
Total current | 38,196 | 38,196 | 36,727 | ||||||
Recorded Investment | 38,330 | 38,330 | 36,797 | ||||||
Loans past due 90 days or more and accruing | $ 0 | $ 0 | 0 | ||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 20 | ||||||||
Construction Real Estate - Installment [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 1 | 1 | 1 | 1 | |||||
Accruing loans past due 30-89 days | $ 216 | $ 216 | 200 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 16 | [1] | 16 | [1] | 46 | [2] | |||
Total loans past due | 232 | 232 | 246 | ||||||
Total current | 5,544 | 5,544 | 6,308 | ||||||
Recorded Investment | 5,776 | 5,776 | 6,554 | ||||||
Loans past due 90 days or more and accruing | 0 | 0 | 0 | ||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 10 | $ 20 | $ 10 | $ 21 | |||||
Residential Real Estate - Commercial [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 1 | 6 | 3 | 9 | |||||
Accruing loans past due 30-89 days | $ 70 | $ 70 | 325 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 10,696 | [1] | 10,696 | [1] | 19,521 | [2] | |||
Total loans past due | 10,766 | 10,766 | 19,846 | ||||||
Total current | 399,526 | 399,526 | 391,739 | ||||||
Recorded Investment | 410,292 | 410,292 | 411,585 | ||||||
Loans past due 90 days or more and accruing | 0 | 0 | |||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 132 | $ 832 | $ 695 | $ 1,266 | |||||
Residential Real Estate - Mortgage [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 4 | 8 | 9 | 15 | |||||
Accruing loans past due 30-89 days | $ 9,061 | $ 9,061 | 10,569 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 11,121 | [1] | 11,121 | [1] | 8,735 | [2] | |||
Total loans past due | 20,182 | 20,182 | 19,304 | ||||||
Total current | 1,179,223 | 1,179,223 | 1,192,984 | ||||||
Recorded Investment | 1,199,405 | 1,199,405 | 1,212,288 | ||||||
Loans past due 90 days or more and accruing | 1,200 | 1,200 | 851 | ||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 441 | $ 541 | $ 752 | $ 1,069 | |||||
Residential Real Estate - HELOC [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 2 | 6 | 8 | 16 | |||||
Accruing loans past due 30-89 days | $ 548 | $ 548 | 487 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 902 | [1] | 902 | [1] | 186 | [2] | |||
Total loans past due | 1,450 | 1,450 | 673 | ||||||
Total current | 212,731 | 212,731 | 211,511 | ||||||
Recorded Investment | 214,181 | 214,181 | 212,184 | ||||||
Loans past due 90 days or more and accruing | 233 | 233 | 27 | ||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 55 | $ 74 | 237 | $ 342 | |||||
Residential Real Estate - Installment [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Accruing loans past due 30-89 days | 161 | 161 | 426 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 548 | [1] | 548 | [1] | 318 | [2] | |||
Total loans past due | 709 | 709 | 744 | ||||||
Total current | 19,129 | 19,129 | 21,972 | ||||||
Recorded Investment | 19,838 | 19,838 | 22,716 | ||||||
Loans past due 90 days or more and accruing | 152 | 152 | 4 | ||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 42 | $ 57 | $ 42 | $ 57 | |||||
SEPH Commercial Land and Development [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 0 | 0 | 0 | 0 | |||||
Commercial Financial And Agricultural [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Recorded Investment | [3] | $ 967,575 | $ 967,575 | 959,164 | |||||
Commercial Real Estate [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 4 | 0 | 4 | 6 | |||||
Accruing loans past due 30-89 days | $ 359 | $ 359 | 142 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 2,863 | [1] | 2,863 | [1] | 530 | [2] | |||
Total loans past due | 3,222 | 3,222 | 672 | ||||||
Total current | 1,131,467 | 1,131,467 | 1,116,940 | ||||||
Recorded Investment | [3] | 1,134,689 | 1,134,689 | 1,117,612 | |||||
Loans past due 90 days or more and accruing | 0 | 0 | |||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 3,907 | $ 3,908 | $ 1,291 | ||||||
Consumer [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 85 | 90 | 149 | 156 | |||||
Accruing loans past due 30-89 days | $ 9,766 | $ 9,766 | 11,458 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 1,411 | [1] | 1,411 | [1] | 3,376 | [2] | |||
Total loans past due | 11,177 | 11,177 | 14,834 | ||||||
Total current | 1,007,611 | 1,007,611 | 955,309 | ||||||
Recorded Investment | 1,018,788 | 1,018,788 | 970,143 | ||||||
Loans past due 90 days or more and accruing | 771 | 771 | 1,093 | ||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 745 | $ 666 | 958 | $ 844 | |||||
Leases [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Accruing loans past due 30-89 days | 0 | 0 | 0 | ||||||
Past due nonaccrual loans and loans past due 90 days or more and accruing | 0 | [1] | 0 | [1] | 0 | [2] | |||
Total loans past due | 0 | 0 | 0 | ||||||
Total current | 3,679 | 3,679 | 2,870 | ||||||
Recorded Investment | $ 3,679 | $ 3,679 | $ 2,870 | ||||||
Residential Real Estate - Installment [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 2 | 3 | 2 | 3 | |||||
Accruing Financing Receivable Modifications [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 3,555 | $ 1,012 | $ 3,729 | $ 1,753 | |||||
Accruing Financing Receivable Modifications [Member] | Commercial Financial And Agricultural [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 51 | 896 | 51 | 1,107 | |||||
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Mortgage [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 0 | 0 | 0 | 0 | |||||
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Installment [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 0 | 0 | 0 | 0 | |||||
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 0 | 39 | 98 | 365 | |||||
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 17 | 37 | 80 | 228 | |||||
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 39 | 39 | |||||||
Accruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 3,326 | 3,327 | |||||||
Accruing Financing Receivable Modifications [Member] | Consumer [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 122 | 40 | 134 | 53 | |||||
Nonaccruing Financing Receivable Modifications [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 5,272 | 2,967 | 7,065 | 5,663 | |||||
Nonaccruing Financing Receivable Modifications [Member] | Commercial Financial And Agricultural [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 3,248 | 893 | 3,945 | 1,399 | |||||
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Remaining Commercial [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 196 | 196 | |||||||
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Mortgage [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 20 | ||||||||
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Installment [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 10 | 20 | 10 | 21 | |||||
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Commercial [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 132 | 832 | 695 | 1,266 | |||||
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 441 | 502 | 654 | 704 | |||||
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 38 | 37 | 157 | 114 | |||||
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 3 | 57 | 3 | 57 | |||||
Nonaccruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | 581 | 581 | 1,291 | ||||||
Nonaccruing Financing Receivable Modifications [Member] | Consumer [Member] | |||||||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | |||||||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 623 | $ 626 | $ 824 | $ 791 | |||||
[1] | 1) Includes $2.4 million of loans past due 90 days or more and accruing. The remaining are past due nonaccrual loans.(2) Includes $75.2 million of nonaccrual loans which are current in regards to contractual principal and interest payments | ||||||||
[2] | 1) Includes $2.0 million of loans past due 90 days or more and accruing. The remaining are past due nonaccrual loans.(2) Includes $55.5 million of nonaccrual loans which are current in regards to contractual principal and interest payments. | ||||||||
[3] | Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. |
Loans (Recorded Investment By L
Loans (Recorded Investment By Loan Grade) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 | |||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | $ 5,141,660 | $ 5,082,324 | |||
Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | 410,292 | 411,585 | |||
Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | [1] | 1,134,689 | 1,117,612 | ||
Leases [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | 3,679 | 2,870 | |||
5 Rated [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 9,977 | 24,703 | |||
5 Rated [Member] | Remaining Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 706 | 2,151 | |||
5 Rated [Member] | Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 1,329 | 3,280 | |||
5 Rated [Member] | Commercial, Financial, and Agricultural [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 3,471 | [2] | 4,392 | [3] | |
5 Rated [Member] | Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 4,471 | [2] | 14,880 | [3] | |
5 Rated [Member] | Leases [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 0 | 0 | |||
6 Rated [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 1,044 | 4,272 | |||
6 Rated [Member] | SEPH Commercial Land and Development [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 0 | [2] | 0 | [3] | |
6 Rated [Member] | Remaining Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 120 | 122 | |||
6 Rated [Member] | Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 372 | 386 | |||
6 Rated [Member] | Commercial, Financial, and Agricultural [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 105 | [2] | 347 | [3] | |
6 Rated [Member] | Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 447 | [2] | 3,417 | [3] | |
6 Rated [Member] | Leases [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 0 | 0 | |||
Impaired [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 90,868 | 80,692 | |||
Impaired [Member] | SEPH Commercial Land and Development [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 1,700 | [2] | 2,044 | [3] | |
Impaired [Member] | Remaining Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 4,386 | 4,676 | |||
Impaired [Member] | Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 25,070 | 25,324 | |||
Impaired [Member] | Commercial, Financial, and Agricultural [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 29,823 | [2] | 30,623 | [3] | |
Impaired [Member] | Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 29,889 | [2] | 18,025 | [3] | |
Impaired [Member] | Leases [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 0 | 0 | |||
Pass Rated [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 2,543,453 | 2,511,975 | |||
Pass Rated [Member] | Remaining Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 122,195 | 121,418 | |||
Pass Rated [Member] | Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 383,521 | 382,595 | |||
Pass Rated [Member] | Commercial, Financial, and Agricultural [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 934,176 | [2] | 923,802 | [3] | |
Pass Rated [Member] | Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 1,099,882 | [2] | 1,081,290 | [3] | |
Pass Rated [Member] | Leases [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Total ending loan balance, recorded investment | 3,679 | 2,870 | |||
Recorded Investment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | 2,645,342 | 2,621,642 | |||
Recorded Investment [Member] | SEPH Commercial Land and Development [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | 1,700 | [2] | 2,044 | [3] | |
Recorded Investment [Member] | Remaining Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | 127,407 | 128,367 | |||
Recorded Investment [Member] | Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | 410,292 | 411,585 | |||
Recorded Investment [Member] | Commercial, Financial, and Agricultural [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | 967,575 | [2] | 959,164 | [3] | |
Recorded Investment [Member] | Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | 1,134,689 | [2] | 1,117,612 | [3] | |
Recorded Investment [Member] | Leases [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Recorded Investment | $ 3,679 | $ 2,870 | |||
[1] | Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. | ||||
[2] | * Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. | ||||
[3] | * Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. |
Loans (TDR Number Of Contracts
Loans (TDR Number Of Contracts Modified And Recorded Investment) (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016USD ($)contracts | Jun. 30, 2015USD ($)contracts | Jun. 30, 2016USD ($)contracts | Jun. 30, 2015USD ($)contracts | |
Financing Receivable, Recorded Investment [Line Items] | ||||
Additional Specific Reserves Related To Troubled Debt Restructuring | $ 950 | $ 104 | $ 975 | $ 961 |
Troubled Debt Restructuring, Classification removed | $ 917 | $ 1,700 | ||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 46 | 86 | 49 | 91 |
Number of Contracts | contracts | 110 | 126 | 194 | 232 |
Total Recorded Investment | $ 8,827 | $ 3,979 | $ 10,794 | $ 7,416 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 1,747 | $ 1,727 | $ 1,775 | $ 1,753 |
Construction Real Estate - Mortgage [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Number of Contracts | contracts | 0 | 0 | 0 | 1 |
Total Recorded Investment | $ 20 | |||
Commercial Financial And Agricultural [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 0 | 5 | 0 | 5 |
Number of Contracts | contracts | 10 | 12 | 17 | 25 |
Total Recorded Investment | $ 3,299 | $ 1,789 | $ 3,996 | $ 2,506 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 56 | $ 56 | ||
Construction Real Estate - Remaining Commercial [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 0 | 0 | 0 | 0 |
Number of Contracts | contracts | 1 | 0 | 1 | 0 |
Total Recorded Investment | $ 196 | $ 196 | ||
Residential Real Estate - Commercial [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 2 | 1 | 2 | 1 |
Number of Contracts | contracts | 1 | 6 | 3 | 9 |
Total Recorded Investment | $ 132 | $ 832 | $ 695 | $ 1,266 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 563 | $ 102 | $ 563 | $ 102 |
Residential Real Estate - Mortgage [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 3 | 13 | 3 | 14 |
Number of Contracts | contracts | 4 | 8 | 9 | 15 |
Total Recorded Investment | $ 441 | $ 541 | $ 752 | $ 1,069 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 288 | $ 793 | $ 288 | $ 796 |
Construction Real Estate - Installment [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Number of Contracts | contracts | 1 | 1 | 1 | 1 |
Total Recorded Investment | $ 10 | $ 20 | $ 10 | $ 21 |
Residential Real Estate Installment [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | $ 42 | $ 57 | $ 42 | $ 57 |
SEPH Commercial Land and Development [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 0 | 0 | 0 | 0 |
Number of Contracts | contracts | 0 | 0 | 0 | 0 |
Residential Real Estate Home Equity Line Of Credit [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 0 | 1 | 0 | 1 |
Number of Contracts | contracts | 2 | 6 | 8 | 16 |
Total Recorded Investment | $ 55 | $ 74 | $ 237 | $ 342 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 5 | $ 5 | ||
Consumer Loan [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 39 | 60 | 42 | 64 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 311 | $ 441 | $ 339 | $ 464 |
Construction Real Estate - Mortgage [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 0 | 0 | 0 | 0 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 0 | $ 0 | $ 0 | $ 0 |
Construction Real Estate - Installment [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 0 | 1 | 0 | 1 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 0 | $ 20 | $ 0 | $ 20 |
Commercial Real Estate [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 1 | 2 | 1 | 2 |
Number of Contracts | contracts | 4 | 0 | 4 | 6 |
Total Recorded Investment | $ 3,907 | $ 3,908 | $ 1,291 | |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 582 | $ 250 | $ 582 | $ 250 |
Residential Real Estate Installment [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 1 | 3 | 1 | 3 |
Number of Contracts | contracts | 2 | 3 | 2 | 3 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 3 | $ 60 | $ 3 | $ 60 |
Consumer [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Number of Contracts | contracts | 85 | 90 | 149 | 156 |
Total Recorded Investment | $ 745 | $ 666 | $ 958 | $ 844 |
Finance Leases Financing Receivable [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Number of Contracts, During Period | contracts | 0 | 0 | 0 | 0 |
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period | $ 0 | $ 0 | $ 0 | $ 0 |
Accruing [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 3,555 | 1,012 | 3,729 | 1,753 |
Accruing [Member] | Construction Real Estate - Mortgage [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 0 | 0 | 0 | 0 |
Accruing [Member] | Commercial Financial And Agricultural [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 51 | 896 | 51 | 1,107 |
Accruing [Member] | Residential Real Estate - Mortgage [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 0 | 39 | 98 | 365 |
Accruing [Member] | Construction Real Estate - Installment [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 0 | 0 | 0 | 0 |
Accruing [Member] | Residential Real Estate Installment [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 39 | 39 | ||
Accruing [Member] | Residential Real Estate Home Equity Line Of Credit [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 17 | 37 | 80 | 228 |
Accruing [Member] | Commercial Real Estate [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 3,326 | 3,327 | ||
Accruing [Member] | Consumer [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 122 | 40 | 134 | 53 |
Nonaccrual [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 5,272 | 2,967 | 7,065 | 5,663 |
Nonaccrual [Member] | Construction Real Estate - Mortgage [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 20 | |||
Nonaccrual [Member] | Commercial Financial And Agricultural [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 3,248 | 893 | 3,945 | 1,399 |
Nonaccrual [Member] | Construction Real Estate - Remaining Commercial [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 196 | 196 | ||
Nonaccrual [Member] | Residential Real Estate - Commercial [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 132 | 832 | 695 | 1,266 |
Nonaccrual [Member] | Residential Real Estate - Mortgage [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 441 | 502 | 654 | 704 |
Nonaccrual [Member] | Construction Real Estate - Installment [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 10 | 20 | 10 | 21 |
Nonaccrual [Member] | Residential Real Estate Installment [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 3 | 57 | 3 | 57 |
Nonaccrual [Member] | Residential Real Estate Home Equity Line Of Credit [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 38 | 37 | 157 | 114 |
Nonaccrual [Member] | Commercial Real Estate [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | 581 | 581 | 1,291 | |
Nonaccrual [Member] | Consumer [Member] | ||||
Financing Receivable, Recorded Investment [Line Items] | ||||
Total Recorded Investment | $ 623 | $ 626 | $ 824 | $ 791 |
Loans (Recorded Investment In F
Loans (Recorded Investment In Financing Receivable Modified As TDR Within 12 Months) (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2016USD ($)contracts | Jun. 30, 2015USD ($)contracts | Jun. 30, 2016USD ($)contracts | Jun. 30, 2015USD ($)contracts | Dec. 31, 2015USD ($) | |
Financing Receivable, Recorded Investment [Line Items] | |||||
Troubled Debt Restructuring, Classification removed | $ 917 | $ 1,700 | |||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 110 | 126 | 194 | 232 | |
Number of Contracts | contracts | 46 | 86 | 49 | 91 | |
Recorded Investment | $ 1,747 | $ 1,727 | $ 1,775 | $ 1,753 | |
Financing Receivable, Modifications, Recorded Investment, During Period | 8,827 | $ 3,979 | 10,794 | $ 7,416 | |
Troubled Debt Restructuring Included In Nonaccrual Loans | 49,600 | 49,600 | $ 41,100 | ||
Nonaccrual Trouble Debt Restructuring Current | $ 42,000 | $ 42,000 | $ 19,100 | ||
Construction Real Estate - Installment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 1 | 1 | 1 | 1 | |
Financing Receivable, Modifications, Recorded Investment, During Period | $ 10 | $ 20 | $ 10 | $ 21 | |
Commercial Financial And Agricultural [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 10 | 12 | 17 | 25 | |
Number of Contracts | contracts | 0 | 5 | 0 | 5 | |
Recorded Investment | $ 56 | $ 56 | |||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 3,299 | $ 1,789 | $ 3,996 | $ 2,506 | |
SEPH Commercial Land and Development [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 0 | 0 | 0 | 0 | |
Number of Contracts | contracts | 0 | 0 | 0 | 0 | |
Construction Real Estate - Remaining Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 1 | 0 | 1 | 0 | |
Number of Contracts | contracts | 0 | 0 | 0 | 0 | |
Financing Receivable, Modifications, Recorded Investment, During Period | $ 196 | $ 196 | |||
Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 1 | 6 | 3 | 9 | |
Number of Contracts | contracts | 2 | 1 | 2 | 1 | |
Recorded Investment | $ 563 | $ 102 | $ 563 | $ 102 | |
Financing Receivable, Modifications, Recorded Investment, During Period | $ 132 | $ 832 | $ 695 | $ 1,266 | |
Residential Real Estate - Mortgage [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 4 | 8 | 9 | 15 | |
Number of Contracts | contracts | 3 | 13 | 3 | 14 | |
Recorded Investment | $ 288 | $ 793 | $ 288 | $ 796 | |
Financing Receivable, Modifications, Recorded Investment, During Period | $ 441 | $ 541 | $ 752 | $ 1,069 | |
Residential Real Estate - HELOC [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 2 | 6 | 8 | 16 | |
Number of Contracts | contracts | 0 | 1 | 0 | 1 | |
Recorded Investment | $ 5 | $ 5 | |||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 55 | $ 74 | $ 237 | $ 342 | |
Construction Real Estate - Mortgage [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 0 | 0 | 0 | 1 | |
Financing Receivable, Modifications, Recorded Investment, During Period | $ 20 | ||||
Residential Real Estate - Installment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 42 | $ 57 | $ 42 | $ 57 | |
Consumer Portfolio Segment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 85 | 90 | 149 | 156 | |
Financing Receivable, Modifications, Recorded Investment, During Period | $ 745 | $ 666 | $ 958 | $ 844 | |
Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 4 | 0 | 4 | 6 | |
Number of Contracts | contracts | 1 | 2 | 1 | 2 | |
Recorded Investment | $ 582 | $ 250 | $ 582 | $ 250 | |
Financing Receivable, Modifications, Recorded Investment, During Period | $ 3,907 | $ 3,908 | $ 1,291 | ||
Construction Real Estate - Mortgage [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Number of Contracts | contracts | 0 | 0 | 0 | 0 | |
Recorded Investment | $ 0 | $ 0 | $ 0 | $ 0 | |
Construction Real Estate - Installment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Number of Contracts | contracts | 0 | 1 | 0 | 1 | |
Recorded Investment | $ 0 | $ 20 | $ 0 | $ 20 | |
Residential Real Estate - Installment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Number of Contracts, During Period | contracts | 2 | 3 | 2 | 3 | |
Number of Contracts | contracts | 1 | 3 | 1 | 3 | |
Recorded Investment | $ 3 | $ 60 | $ 3 | $ 60 | |
Consumer Loan [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Number of Contracts | contracts | 39 | 60 | 42 | 64 | |
Recorded Investment | $ 311 | $ 441 | $ 339 | $ 464 | |
Finance Leases Financing Receivable [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Number of Contracts | contracts | 0 | 0 | 0 | 0 | |
Recorded Investment | $ 0 | $ 0 | $ 0 | $ 0 | |
Accruing Financing Receivable Modifications [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 3,555 | 1,012 | 3,729 | 1,753 | |
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Installment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 0 | 0 | 0 | 0 | |
Accruing Financing Receivable Modifications [Member] | Commercial Financial And Agricultural [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 51 | 896 | 51 | 1,107 | |
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 0 | 39 | 98 | 365 | |
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 17 | 37 | 80 | 228 | |
Accruing Financing Receivable Modifications [Member] | Construction Real Estate - Mortgage [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 0 | 0 | 0 | 0 | |
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 39 | 39 | |||
Accruing Financing Receivable Modifications [Member] | Consumer Portfolio Segment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 122 | 40 | 134 | 53 | |
Accruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 3,326 | 3,327 | |||
Nonaccruing Financing Receivable Modifications [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 5,272 | 2,967 | 7,065 | 5,663 | |
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Installment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 10 | 20 | 10 | 21 | |
Nonaccruing Financing Receivable Modifications [Member] | Commercial Financial And Agricultural [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 3,248 | 893 | 3,945 | 1,399 | |
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Remaining Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 196 | 196 | |||
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Commercial [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 132 | 832 | 695 | 1,266 | |
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 441 | 502 | 654 | 704 | |
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 38 | 37 | 157 | 114 | |
Nonaccruing Financing Receivable Modifications [Member] | Construction Real Estate - Mortgage [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 20 | ||||
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 3 | 57 | 3 | 57 | |
Nonaccruing Financing Receivable Modifications [Member] | Consumer Portfolio Segment [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | 623 | $ 626 | 824 | 791 | |
Nonaccruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member] | |||||
Financing Receivable, Recorded Investment [Line Items] | |||||
Financing Receivable, Modifications, Recorded Investment, During Period | $ 581 | $ 581 | $ 1,291 |
Allowance For Loan Losses (Acti
Allowance For Loan Losses (Activity In The Allowance For Loan Losses) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Financing Receivable, Allowance for Credit Losses, Write-downs | $ 4,419 | $ 3,027 | $ 7,820 | $ 6,445 |
Financing Receivable, Allowance for Credit Losses, Recovery | 3,533 | 3,434 | 6,478 | 6,276 |
Financing Receivables Allowance For Credit Losses Net Charge Offs | 886 | (407) | 1,342 | 169 |
Allowance for Loan and Lease Losses [Roll Forward] | ||||
Beginning balance | 56,948 | 55,408 | 56,494 | 54,352 |
Ending balance | 58,699 | 57,427 | 58,699 | 57,427 |
Provision for Loan, Lease, and Other Losses | 2,637 | 1,612 | 3,547 | 3,244 |
Commercial Financial And Agricultural [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Financing Receivable, Allowance for Credit Losses, Write-downs | 870 | 499 | 1,144 | 851 |
Financing Receivable, Allowance for Credit Losses, Recovery | 216 | 281 | 643 | 572 |
Financing Receivables Allowance For Credit Losses Net Charge Offs | 654 | 218 | 501 | 279 |
Allowance for Loan and Lease Losses [Roll Forward] | ||||
Beginning balance | 14,240 | 11,361 | 13,694 | 10,719 |
Ending balance | 16,478 | 12,124 | 16,478 | 12,124 |
Provision for Loan, Lease, and Other Losses | 2,892 | 981 | 3,285 | 1,684 |
Commercial Real Estate [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Financing Receivable, Allowance for Credit Losses, Write-downs | 77 | 153 | 78 | 283 |
Financing Receivable, Allowance for Credit Losses, Recovery | 1,814 | 1,128 | 2,032 | 1,802 |
Financing Receivables Allowance For Credit Losses Net Charge Offs | (1,737) | (975) | (1,954) | (1,519) |
Allowance for Loan and Lease Losses [Roll Forward] | ||||
Beginning balance | 9,452 | 9,296 | 9,197 | 8,808 |
Ending balance | 9,203 | 9,467 | 9,203 | 9,467 |
Provision for Loan, Lease, and Other Losses | (1,986) | (804) | (1,948) | (860) |
Construction Real Estate [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Financing Receivable, Allowance for Credit Losses, Write-downs | 18 | 37 | 18 | 37 |
Financing Receivable, Allowance for Credit Losses, Recovery | 110 | 679 | 1,049 | 964 |
Financing Receivables Allowance For Credit Losses Net Charge Offs | (92) | (642) | (1,031) | (927) |
Allowance for Loan and Lease Losses [Roll Forward] | ||||
Beginning balance | 8,687 | 8,755 | 8,564 | 8,652 |
Ending balance | 8,256 | 8,670 | 8,256 | 8,670 |
Provision for Loan, Lease, and Other Losses | (523) | (727) | (1,339) | (909) |
Residential Real Estate [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Financing Receivable, Allowance for Credit Losses, Write-downs | 736 | 735 | 1,483 | 1,157 |
Financing Receivable, Allowance for Credit Losses, Recovery | 407 | 423 | 878 | 1,347 |
Financing Receivables Allowance For Credit Losses Net Charge Offs | 329 | 312 | 605 | (190) |
Allowance for Loan and Lease Losses [Roll Forward] | ||||
Beginning balance | 13,388 | 14,512 | 13,514 | 14,772 |
Ending balance | 13,180 | 15,268 | 13,180 | 15,268 |
Provision for Loan, Lease, and Other Losses | 121 | 1,068 | 271 | 306 |
Consumer [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Financing Receivable, Allowance for Credit Losses, Write-downs | 2,718 | 1,603 | 5,097 | 4,117 |
Financing Receivable, Allowance for Credit Losses, Recovery | 985 | 922 | 1,875 | 1,588 |
Financing Receivables Allowance For Credit Losses Net Charge Offs | 1,733 | 681 | 3,222 | 2,529 |
Allowance for Loan and Lease Losses [Roll Forward] | ||||
Beginning balance | 11,180 | 11,484 | 11,524 | 11,401 |
Ending balance | 11,581 | 11,898 | 11,581 | 11,898 |
Provision for Loan, Lease, and Other Losses | 2,134 | 1,095 | 3,279 | 3,026 |
Leases [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Financing Receivable, Allowance for Credit Losses, Write-downs | 0 | 0 | 0 | 0 |
Financing Receivable, Allowance for Credit Losses, Recovery | 1 | 1 | 1 | 3 |
Financing Receivables Allowance For Credit Losses Net Charge Offs | (1) | (1) | (1) | (3) |
Allowance for Loan and Lease Losses [Roll Forward] | ||||
Beginning balance | 1 | 0 | 1 | 0 |
Ending balance | 1 | 0 | 1 | 0 |
Provision for Loan, Lease, and Other Losses | $ (1) | $ (1) | $ (1) | $ (3) |
Allowance For Loan Losses (Comp
Allowance For Loan Losses (Composition Of The Allowance For Loan Losses) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 | |
Financing Receivable, Allowance for Credit Losses [Line Items] | |||
Allowance for loan losses individually evaluated for impairment | $ 6,287 | $ 4,191 | |
Allowance for loan losses collectively evaluated for impairment | 52,412 | 52,303 | |
Total ending allowance balance | 58,699 | 56,494 | |
Loans individually evaluated for impairment | 90,828 | 80,599 | |
Loans collectively evaluated for impairment | 5,036,816 | 4,987,486 | |
Total ending loan balance, net of accrued interest receivable | $ 5,127,644 | $ 5,068,085 | |
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment | 6.92187% | 5.19982% | |
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment | 1.04058% | 1.04868% | |
Total ending allowance for loan losses balance as a percentage of loan balance | 1.14476% | 1.1147% | |
Recorded investment | $ 90,844 | $ 80,664 | |
Recorded investment collectively evaluated for impairment | 5,050,816 | 5,001,660 | |
Recorded Investment | 5,141,660 | 5,082,324 | |
Commercial Financial And Agricultural [Member] | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||
Allowance for loan losses individually evaluated for impairment | 4,295 | 1,904 | |
Allowance for loan losses collectively evaluated for impairment | 12,183 | 11,790 | |
Total ending allowance balance | 16,478 | 13,694 | |
Loans individually evaluated for impairment | 29,774 | 30,545 | |
Loans collectively evaluated for impairment | 934,298 | 925,182 | |
Total ending loan balance, net of accrued interest receivable | [1] | $ 964,072 | $ 955,727 |
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment | 14.42534% | 6.23343% | |
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment | 1.30397% | 1.27434% | |
Total ending allowance for loan losses balance as a percentage of loan balance | 1.70921% | 1.43284% | |
Recorded investment | $ 29,779 | $ 30,595 | |
Recorded investment collectively evaluated for impairment | 937,796 | 928,569 | |
Recorded Investment | [1] | 967,575 | 959,164 |
Commercial Real Estate [Member] | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||
Allowance for loan losses individually evaluated for impairment | 275 | 381 | |
Allowance for loan losses collectively evaluated for impairment | 8,928 | 8,816 | |
Total ending allowance balance | 9,203 | 9,197 | |
Loans individually evaluated for impairment | 29,880 | 18,015 | |
Loans collectively evaluated for impairment | 1,101,187 | 1,095,588 | |
Total ending loan balance, net of accrued interest receivable | [1] | $ 1,131,067 | $ 1,113,603 |
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment | 0.92035% | 2.1149% | |
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment | 0.81076% | 0.80468% | |
Total ending allowance for loan losses balance as a percentage of loan balance | 0.81366% | 0.82588% | |
Recorded investment | $ 29,889 | $ 18,025 | |
Recorded investment collectively evaluated for impairment | 1,104,800 | 1,099,587 | |
Recorded Investment | [1] | 1,134,689 | 1,117,612 |
Construction Real Estate [Member] | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||
Allowance for loan losses individually evaluated for impairment | 1,304 | 1,356 | |
Allowance for loan losses collectively evaluated for impairment | 6,952 | 7,208 | |
Total ending allowance balance | 8,256 | 8,564 | |
Loans individually evaluated for impairment | 6,084 | 6,716 | |
Loans collectively evaluated for impairment | 166,740 | 166,629 | |
Total ending loan balance, net of accrued interest receivable | $ 172,824 | $ 173,345 | |
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment | 21.43327% | 20.19059% | |
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment | 4.16937% | 4.32578% | |
Total ending allowance for loan losses balance as a percentage of loan balance | 4.77711% | 4.94044% | |
Recorded investment | $ 6,086 | $ 6,720 | |
Recorded investment collectively evaluated for impairment | 167,127 | 167,042 | |
Recorded Investment | 173,213 | 173,762 | |
Residential Real Estate [Member] | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||
Allowance for loan losses individually evaluated for impairment | 393 | 550 | |
Allowance for loan losses collectively evaluated for impairment | 12,787 | 12,964 | |
Total ending allowance balance | 13,180 | 13,514 | |
Loans individually evaluated for impairment | 25,070 | 25,323 | |
Loans collectively evaluated for impairment | 1,815,153 | 1,830,120 | |
Total ending loan balance, net of accrued interest receivable | $ 1,840,223 | $ 1,855,443 | |
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment | 1.56761% | 2.17194% | |
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment | 0.70446% | 0.70837% | |
Total ending allowance for loan losses balance as a percentage of loan balance | 0.71622% | 0.72834% | |
Recorded investment | $ 25,070 | $ 25,324 | |
Recorded investment collectively evaluated for impairment | 1,818,646 | 1,833,449 | |
Recorded Investment | 1,843,716 | 1,858,773 | |
Consumer [Member] | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||
Allowance for loan losses individually evaluated for impairment | 20 | 0 | |
Allowance for loan losses collectively evaluated for impairment | 11,561 | 11,524 | |
Total ending allowance balance | 11,581 | 11,524 | |
Loans individually evaluated for impairment | 20 | 0 | |
Loans collectively evaluated for impairment | 1,015,789 | 967,111 | |
Total ending loan balance, net of accrued interest receivable | $ 1,015,809 | $ 967,111 | |
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment | 0.00% | 0.00% | |
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment | 1.13813% | 1.19159% | |
Total ending allowance for loan losses balance as a percentage of loan balance | 1.14008% | 1.19159% | |
Recorded investment | $ 20 | $ 0 | |
Recorded investment collectively evaluated for impairment | 1,018,768 | 970,143 | |
Recorded Investment | 1,018,788 | 970,143 | |
Leases [Member] | |||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||
Allowance for loan losses individually evaluated for impairment | 0 | 0 | |
Allowance for loan losses collectively evaluated for impairment | 1 | 1 | |
Total ending allowance balance | 1 | 1 | |
Loans individually evaluated for impairment | 0 | 0 | |
Loans collectively evaluated for impairment | 3,649 | 2,856 | |
Total ending loan balance, net of accrued interest receivable | $ 3,649 | $ 2,856 | |
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment | 0.00% | 0.00% | |
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment | 0.0274% | 0.03501% | |
Total ending allowance for loan losses balance as a percentage of loan balance | 0.0274% | 0.03501% | |
Recorded investment | $ 0 | $ 0 | |
Recorded investment collectively evaluated for impairment | 3,679 | 2,870 | |
Recorded Investment | $ 3,679 | $ 2,870 | |
[1] | Included within commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. |
Other Real Estate Owned (Detail
Other Real Estate Owned (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Line Items] | ||
Other Real Estate, Foreclosed Assets, and Repossessed Assets | $ 17,566 | $ 18,651 |
Commercial Real Estate [Member] | ||
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Line Items] | ||
Other Real Estate, Foreclosed Assets, and Repossessed Assets | 8,182 | 8,333 |
Construction Real Estate [Member] | ||
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Line Items] | ||
Other Real Estate, Foreclosed Assets, and Repossessed Assets | 7,095 | 7,259 |
Residential Real Estate [Member] | ||
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Line Items] | ||
Other Real Estate, Foreclosed Assets, and Repossessed Assets | 2,289 | 3,059 |
Mortgage Loans in Process of Foreclosure, Amount | $ 2,599 | $ 2,021 |
Earnings Per Common Share (Narr
Earnings Per Common Share (Narrative) (Details) - shares | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items] | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period | 41,550 | 23,025 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number | 85,425 | 85,425 | ||
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements | 68,481 | 36,999 | 72,088 | 36,894 |
Common Stock [Member] | ||||
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items] | ||||
Treasury Stock, Shares, Acquired | 0 | 0 | 21,500 |
Earnings Per Common Share (Summ
Earnings Per Common Share (Summary Of Computation Of Basic And Diluted Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Earnings Per Share [Abstract] | ||||
Income available to common shareholders | $ 19,998 | $ 21,039 | $ 38,684 | $ 40,083 |
Denominator for basic earnings per share (weighted average common shares outstanding) | 15,330,802 | 15,370,882 | 15,330,808 | 15,375,026 |
Effect of dilutive options and warrants | 68,481 | 36,999 | 72,088 | 36,894 |
Denominator for diluted earnings per share (weighted average common shares outstanding adjusted for the effect of dilutive options and warrants) | 15,399,283 | 15,407,881 | 15,402,896 | 15,411,920 |
Basic earnings per common share | $ 1.30 | $ 1.37 | $ 2.52 | $ 2.61 |
Diluted earnings per common share | $ 1.30 | $ 1.37 | $ 2.51 | $ 2.60 |
Segment Information (Schedule O
Segment Information (Schedule Of Operating Results By Segment) (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2016USD ($) | Jun. 30, 2015USD ($) | Jun. 30, 2016USD ($)segments | Jun. 30, 2015USD ($) | Dec. 31, 2015USD ($) | |
Segment Reporting Information [Line Items] | |||||
Number of Operating Segments | segments | 3 | ||||
Net interest income | $ 57,485 | $ 56,515 | $ 117,304 | $ 112,050 | |
Provision for (recovery of) loan losses | 2,637 | 1,612 | 3,547 | 3,244 | |
Other income and security gains | 18,736 | 19,191 | 36,125 | 38,064 | |
Total other expense | 45,306 | 44,667 | 95,205 | 90,387 | |
Income (loss) before income taxes | 28,278 | 29,427 | 54,677 | 56,483 | |
Income Tax Expense (Benefit) | 8,280 | 8,388 | 15,993 | 16,400 | |
Net Income | 19,998 | 21,039 | 38,684 | 40,083 | |
Assets | 7,431,610 | 7,309,569 | 7,431,610 | 7,309,569 | $ 7,311,354 |
PNB [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net interest income | 56,006 | 54,766 | 113,161 | 108,587 | |
Provision for (recovery of) loan losses | 1,362 | 2,720 | 2,895 | 4,742 | |
Other income and security gains | 18,508 | 18,720 | 35,731 | 36,732 | |
Total other expense | 42,731 | 39,586 | 84,091 | 81,518 | |
Income (loss) before income taxes | 30,421 | 31,180 | 61,906 | 59,059 | |
Income Tax Expense (Benefit) | 9,343 | 9,847 | 19,084 | 18,567 | |
Net Income | 21,078 | 21,333 | 42,822 | 40,492 | |
Assets | 7,351,293 | 7,223,801 | 7,351,293 | 7,223,801 | |
GFSC [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net interest income | 1,440 | 1,679 | 2,944 | 3,371 | |
Provision for (recovery of) loan losses | 1,444 | 309 | 1,971 | 804 | |
Other income and security gains | (1) | 1 | |||
Total other expense | (966) | 759 | 2,832 | 1,538 | |
Income (loss) before income taxes | 962 | 610 | (1,859) | 1,030 | |
Income Tax Expense (Benefit) | 336 | 203 | (649) | 342 | |
Net Income | 626 | 407 | (1,210) | 688 | |
Assets | 32,546 | 37,124 | 32,546 | 37,124 | |
SEPH [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net interest income | 71 | (14) | 1,232 | (102) | |
Provision for (recovery of) loan losses | (169) | (1,417) | (1,319) | (2,302) | |
Other income and security gains | 112 | 327 | 146 | 1,087 | |
Total other expense | 1,332 | 2,385 | 2,736 | 3,483 | |
Income (loss) before income taxes | (980) | (655) | (39) | (196) | |
Income Tax Expense (Benefit) | (343) | (229) | (14) | (68) | |
Net Income | (637) | (426) | (25) | (128) | |
Assets | 32,822 | 38,873 | 32,822 | 38,873 | |
All Other [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net interest income | (32) | 84 | (33) | 194 | |
Other income and security gains | 116 | 145 | 248 | 244 | |
Total other expense | 2,209 | 1,937 | 5,546 | 3,848 | |
Income (loss) before income taxes | (2,125) | (1,708) | (5,331) | (3,410) | |
Income Tax Expense (Benefit) | (1,056) | (1,433) | (2,428) | (2,441) | |
Net Income | (1,069) | (275) | (2,903) | (969) | |
Assets | $ 14,949 | $ 9,771 | $ 14,949 | $ 9,771 |
Mortgage Loans Held For Sale (D
Mortgage Loans Held For Sale (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015 | |
Mortgage Loans Held for Sale [Line Items] | |||
Mortgages Held-for-sale, Fair Value Disclosure | $ 12,125 | $ 7,306 | |
Disposal Group, Including Discontinued Operation, Mortgage Loans | 11,900 | 7,200 | |
Gain (Loss) on Sale of Mortgage Loans | 178 | $ 95 | |
Commercial Portfolio Segment [Member] | |||
Mortgage Loans Held for Sale [Line Items] | |||
Gain on sale of loans in secondary market | $ 0 | $ 800 | |
Loans held for sale - lower of cost or market | $ 100 |
Investment Securities (Narrativ
Investment Securities (Narrative) (Details) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Schedule of Investments [Line Items] | ||||
Investment Securities average remaining life | 3 years 6 months 22 days | |||
Other than Temporary Impairment Losses, Investments | $ 0 | $ 0 | $ 0 | |
Available-for-sale Securities, Gross Realized Gains | 0 | $ 0 | $ 0 | |
Asset backed securities mortgage portfolio, term | 15 years | |||
U.S. Treasury And Sponsored Entities Callable Notes [Member] | ||||
Schedule of Investments [Line Items] | ||||
Available for Sale expected to be called | 265,400,000 | $ 265,400,000 | ||
Available-for-sale securities | $ 360,400,000 | $ 360,400,000 | ||
U.S. Treasury And Sponsored Entities Callable Notes [Member] | Minimum [Member] | ||||
Schedule of Investments [Line Items] | ||||
Available for Sale Securities, Debt Maturities, Term | 1 year | |||
U.S. Treasury And Sponsored Entities Callable Notes [Member] | Maximum [Member] | ||||
Schedule of Investments [Line Items] | ||||
Available for Sale Securities, Debt Maturities, Term | 6 years |
Investment Securities (Schedule
Investment Securities (Schedule Of Investment Securities) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Amortized Cost | $ 1,281,357 | $ 1,436,714 |
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 24,353 | 10,366 |
Securities Available-for-Sale, Gross Unrealized Holding Losses | 136 | 10,814 |
Securities Available-for-Sale, Total Fair value | 1,305,574 | 1,436,266 |
Securities Held-to-Maturity, Amortized Cost | 184,121 | 149,302 |
Securities Held-to-Maturity, Gross Unrecognized Holding Gains | 7,464 | 2,260 |
Securities Held-to-Maturity, Gross Unrecognized Holding Losses | 28 | 134 |
Securities Held-to-Maturity, Estimated Fair Value | 191,557 | 151,428 |
Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | ||
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Amortized Cost | 360,000 | 527,605 |
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 392 | |
Securities Available-for-Sale, Gross Unrealized Holding Losses | 25 | 5,542 |
Securities Available-for-Sale, Total Fair value | 360,367 | 522,063 |
U.S. Government Sponsored Entities Asset-Backed Securities [Member] | ||
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Amortized Cost | 920,237 | 907,989 |
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 22,453 | 8,776 |
Securities Available-for-Sale, Gross Unrealized Holding Losses | 111 | 5,272 |
Securities Available-for-Sale, Total Fair value | 942,579 | 911,493 |
Securities Held-to-Maturity, Amortized Cost | 89,957 | 101,112 |
Securities Held-to-Maturity, Gross Unrecognized Holding Gains | 2,060 | 1,526 |
Securities Held-to-Maturity, Gross Unrecognized Holding Losses | 28 | 134 |
Securities Held-to-Maturity, Estimated Fair Value | 91,989 | 102,504 |
Other Equity Securities [Member] | ||
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Amortized Cost | 1,120 | 1,120 |
Available-for-sale Debt Securities, Accumulated Gross Unrealized Gain, before Tax | 1,508 | 1,590 |
Securities Available-for-Sale, Total Fair value | 2,628 | 2,710 |
US States and Political Subdivisions Debt Securities [Member] | ||
Schedule of Investments [Line Items] | ||
Securities Held-to-Maturity, Amortized Cost | 94,164 | 48,190 |
Securities Held-to-Maturity, Gross Unrecognized Holding Gains | 5,404 | 734 |
Securities Held-to-Maturity, Gross Unrecognized Holding Losses | 0 | |
Securities Held-to-Maturity, Estimated Fair Value | $ 99,568 | $ 48,924 |
Investment Securities (Schedu60
Investment Securities (Schedule Of Unrealized Loss On Securities) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Less than 12 months, Fair value | $ 94,975 | $ 711,142 |
Securities Available-for-Sale, Less than 12 months, Unrealized losses | 25 | 4,893 |
Securities Available-for-Sale, 12 months or longer, Fair value | 61,150 | 309,633 |
Securities Available-for-Sale, 12 months or longer, Unrealized losses | 111 | 5,921 |
Securities Available-for-Sale, Fair value, Total | 156,125 | 1,020,775 |
Securities Available-for-Sale, Unrealized losses, Total | 136 | 10,814 |
Securities Held-to-Maturity, 12 months or longer, Fair value | 7,759 | |
Securities Held-to-Maturity, 12 months or longer, Unrealized losses | 28 | |
Securities Held-to-Maturity, Fair value, Total | 7,759 | |
Securities Held-to-Maturity, Unrealized losses, Total | 28 | 134 |
Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | ||
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Less than 12 months, Fair value | 94,975 | 326,973 |
Securities Available-for-Sale, Less than 12 months, Unrealized losses | 25 | 2,117 |
Securities Available-for-Sale, 12 months or longer, Fair value | 195,090 | |
Securities Available-for-Sale, 12 months or longer, Unrealized losses | 3,425 | |
Securities Available-for-Sale, Fair value, Total | 94,975 | 522,063 |
Securities Available-for-Sale, Unrealized losses, Total | 25 | 5,542 |
U.S. Government Sponsored Entities Asset-Backed Securities [Member] | ||
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Less than 12 months, Fair value | 384,169 | |
Securities Available-for-Sale, Less than 12 months, Unrealized losses | 2,776 | |
Securities Available-for-Sale, 12 months or longer, Fair value | 61,150 | 114,543 |
Securities Available-for-Sale, 12 months or longer, Unrealized losses | 111 | 2,496 |
Securities Available-for-Sale, Fair value, Total | 61,150 | 498,712 |
Securities Available-for-Sale, Unrealized losses, Total | 111 | 5,272 |
Securities Held-to-Maturity, Less than 12 months, Fair value | 5,656 | |
Securities Held-to-Maturity, Less than 12 months, Unrealized losses | 10 | |
Securities Held-to-Maturity, 12 months or longer, Fair value | 7,759 | 7,792 |
Securities Held-to-Maturity, 12 months or longer, Unrealized losses | 28 | 124 |
Securities Held-to-Maturity, Fair value, Total | 7,759 | 13,448 |
Securities Held-to-Maturity, Unrealized losses, Total | 28 | $ 134 |
US States and Political Subdivisions Debt Securities [Member] | ||
Schedule of Investments [Line Items] | ||
Securities Held-to-Maturity, 12 months or longer, Fair value | 0 | |
Securities Held-to-Maturity, 12 months or longer, Unrealized losses | 0 | |
Securities Held-to-Maturity, Unrealized losses, Total | $ 0 |
Investment Securities (Amortize
Investment Securities (Amortized Cost And Estimated Fair Value Of Investments In Debt Securities By Contractual Maturity) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Total Fair value | $ 1,305,574 | $ 1,436,266 |
Securities Held-to-Maturity, Amortized Cost | 184,121 | 149,302 |
Securities held-to-maturity, fair value | 191,557 | 151,428 |
US States and Political Subdivisions Debt Securities [Member] | ||
Schedule of Investments [Line Items] | ||
Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount | 94,164 | |
Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value | 99,568 | |
Securities Held-to-Maturity, Amortized Cost | 94,164 | 48,190 |
Securities held-to-maturity, fair value | $ 99,568 | 48,924 |
Held to Maturity Securities weighted avg yield | 4.45% | |
Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | ||
Schedule of Investments [Line Items] | ||
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis | $ 345,000 | |
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis | $ 345,362 | |
Available for Sale Securities Debt Maturities two through five Weighted Avg Yield | 1.24% | |
Securities Available-for-Sale, Due five through ten years, Amortized cost | $ 15,000 | |
Securities Available-for-Sale, Due five through ten years, Fair value | $ 15,005 | |
Available for Sale Securities Debt Maturities After Five Through Ten Years Weighted Avg Yield | 2.20% | |
Securities Available-for-Sale, Total, Amortized cost | $ 360,000 | |
Securities Available-for-Sale, Total Fair value | $ 360,367 | 522,063 |
Available for Sale Securities Weighted Avg Yield | 1.28% | |
U.S. Government Sponsored Entities Asset-Backed Securities [Member] | ||
Schedule of Investments [Line Items] | ||
Securities Available-for-Sale, Total, Amortized cost | $ 920,237 | |
Securities Available-for-Sale, Total Fair value | $ 942,579 | 911,493 |
Available for Sale Securities Weighted Avg Yield | 2.17% | |
Securities Held-to-Maturity, Amortized Cost | $ 89,957 | 101,112 |
Securities held-to-maturity, fair value | $ 91,989 | $ 102,504 |
Held to Maturity Securities weighted avg yield | 3.35% |
Other Investment Securities (Sc
Other Investment Securities (Schedule Of Other Investment Securities) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Schedule of Investments [Line Items] | ||
Federal Home Loan Bank Stock | $ 50,086 | $ 50,086 |
Federal Reserve Bank Stock | 8,225 | 8,225 |
Other investment securities | $ 58,311 | $ 58,311 |
Share Based Compensation (Detai
Share Based Compensation (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended | |||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2016 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | 1,125 | |||||
Allocated Share-based Compensation Expense | $ 323 | $ 211 | $ 792 | $ 470 | ||
2013 Long Term Incentive Plan [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 600,000 | 600,000 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 483,675 | 483,675 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 41,550 | 23,025 | 21,975 | |||
2014 Awards | Scenario, Forecast [Member] | 2013 Long Term Incentive Plan [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Allocated Share-based Compensation Expense | $ 500 | |||||
2015 Awards | Scenario, Forecast [Member] | 2013 Long Term Incentive Plan [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Allocated Share-based Compensation Expense | 996 | |||||
2016 Awards [Member] | Scenario, Forecast [Member] | 2013 Long Term Incentive Plan [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||
Allocated Share-based Compensation Expense | $ 2,400 |
Pension Plan (Components Of Net
Pension Plan (Components Of Net Periodic Benefit Expense) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ||||
Service cost | $ 1,264 | $ 1,342 | $ 2,528 | $ 2,684 |
Interest cost | 1,217 | 1,174 | 2,434 | 2,348 |
Expected return on plan assets | (2,737) | (2,855) | (5,474) | (5,710) |
Amortization of prior service cost | 0 | 4 | 0 | 8 |
Recognized net actuarial loss | 193 | 159 | 386 | 318 |
Benefit expense | $ (63) | $ (176) | (126) | (352) |
Pension plan contributions | $ 0 | $ 0 |
Loan Servicing (Narrative) (Det
Loan Servicing (Narrative) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015 | |
Transfers and Servicing of Financial Assets [Abstract] | |||||
Serviced sold mortgage loans | $ 1,290,000 | $ 1,260,000 | $ 1,290,000 | $ 1,260,000 | $ 1,280,000 |
Serviced sold mortgage loans with recourse | 4,500 | 5,800 | 4,500 | 5,800 | 5,400 |
Mortgage Loans Sold with Recourse, Reserve | 269 | 269 | $ 454 | ||
Servicing fees included in other service income | $ 800 | $ 0 | $ 1,700 | $ 0 |
Loan Servicing (Activity For MS
Loan Servicing (Activity For MSRs And Related Valuation Allowance) (Details) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Servicing Asset at Amortized Value, Balance [Roll Forward] | ||||
Carrying amount, net, beginning of period | $ 8,949,000 | $ 8,312,000 | $ 9,008,000 | $ 8,613,000 |
Additions | 555,000 | 494,000 | 871,000 | 807,000 |
Amortization | (415,000) | (438,000) | (790,000) | (830,000) |
Changes in valuation inputs & assumptions | (209,000) | 193,000 | (209,000) | (29,000) |
Carrying amount, net, end of period | 8,880,000 | 8,561,000 | 8,880,000 | 8,561,000 |
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward] | ||||
Valuation allowance, beginning of period | 542,000 | 1,048,000 | 542,000 | 826,000 |
Changes in valuation allowance | 209,000 | 193,000 | 209,000 | (29,000) |
Valuation allowance, end of period | $ 751,000 | $ 855,000 | $ 751,000 | $ 855,000 |
Fair Value (Narrative) (Details
Fair Value (Narrative) (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended | |||||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015 | Mar. 31, 2016 | Mar. 31, 2015 | Dec. 31, 2014 | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Loans Held-for-sale, Fair Value Disclosure | $ 12,125,000 | $ 12,125,000 | $ 7,306,000 | |||||
Impaired Financing Receivable, Carrying Value | 84,557,000 | $ 84,557,000 | 76,473,000 | |||||
Discount percentage applied to real estate appraised values | 15.00% | |||||||
Discount percentage applied to lot development appraised values | 6.00% | |||||||
Partial Charge-Offs On Impaired Loans | $ 24,358,000 | 28,705,000 | ||||||
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment | 6,287,000 | 6,287,000 | 4,191,000 | |||||
Impaired Financing Receivable, Related Allowance | 6,287,000 | 6,287,000 | 4,191,000 | |||||
Impaired Loan Fair Value | 7,516,000 | 7,516,000 | 9,496,000 | |||||
Partial Charge-Offs On Impaired Loans carried at Fair Value | 6,118,000 | 10,512,000 | ||||||
Book Value Of Impaired Loans Carried At Fair Value | 9,508,000 | 9,508,000 | 11,783,000 | |||||
Impaired Financing Receivable, carried at fair value, related expense | 400,000 | $ 900,000 | 1,000,000 | $ 1,900,000 | ||||
MSR recorded at lower of cost or fair value | 8,880,000 | 8,561,000 | 8,880,000 | 8,561,000 | 9,008,000 | $ 8,949,000 | $ 8,312,000 | $ 8,613,000 |
Mortgage Servicing Rights Fair Value | 4,900,000 | 4,900,000 | 1,900,000 | |||||
Valuation allowance of MSR | 751,000 | 855,000 | 751,000 | 855,000 | 542,000 | $ 542,000 | $ 1,048,000 | $ 826,000 |
MSRs recorded at cost | 4,000,000 | 4,000,000 | 7,100,000 | |||||
Changes due to fair value adjustments | 209,000 | 193,000 | 209,000 | (29,000) | ||||
Other Real Estate, Foreclosed Assets, and Repossessed Assets | $ 17,566,000 | $ 17,566,000 | 18,651,000 | |||||
Percent of OREO held at fair value | 46.21997% | 46.21997% | ||||||
Other Real Estate, Foreclosed Assets, and Repossessed Assets, Fair Value | $ 8,100,000 | $ 8,100,000 | 8,500,000 | |||||
OREO valuation adjustments | 221,000 | $ 251,000 | 339,000 | $ 555,000 | ||||
Commercial Receivables, excluding Commercial, Financial, and Agricultural [Domain] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Impaired Financing Receivable, Related Allowance | 1,992,000 | 1,992,000 | 2,287,000 | |||||
Financing Receivable, not collateral dependent [Domain] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Impaired Financing Receivable, Related Allowance | 4,295,000 | 4,295,000 | 1,904,000 | |||||
Commercial Real Estate Portfolio Segment [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment | $ 275,000 | $ 275,000 | 381,000 | |||||
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Impaired Loan Fair Value | $ 3,698,000 | |||||||
Sales Comparison Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 69.00% | 71.00% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 85.00% | 85.00% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 90.00% | 45.90% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 61.80% | 61.80% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 22.60% | 26.90% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 27.20% | 24.30% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 20.10% | 20.30% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Real Estate [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 26.00% | 23.00% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 0.00% | 2.00% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 0.00% | 0.00% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 0.00% | 0.00% | ||||||
Sales Comparison Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Comparability Adjustments | 0.10% | 0.10% | ||||||
Income Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Cap Rate | 14.00% | 9.50% | ||||||
Income Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Cap Rate | 9.20% | 13.30% | ||||||
Income Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Cap Rate | 9.90% | 9.50% | ||||||
Income Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Cap Rate | 8.30% | 9.50% | ||||||
Income Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Cap Rate | 9.50% | 9.50% | ||||||
Income Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Cap Rate | 7.00% | 7.00% | ||||||
Cost Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 50.00% | ||||||
Cost Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 50.00% | ||||||
Cost Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 50.00% | ||||||
Bulk Sale Approach Valuation Technique [Member] | Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Discount Rate | 15.00% | 15.00% | ||||||
Bulk Sale Approach Valuation Technique [Member] | Weighted Average [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Discount Rate | 15.00% | 15.00% | ||||||
Bulk Sale Approach Valuation Technique [Member] | Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | ||||||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||||||
Fair Value Inputs, Discount Rate | 15.00% | 15.00% |
Fair Value (Assets And Liabilit
Fair Value (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Cash and Cash Equivalents, Fair Value Disclosure | $ 315,889 | $ 149,459 |
Mortgage loans held for sale | 12,125 | 7,306 |
Investment securities | 1,497,131 | 1,587,694 |
Loans Held-for-sale, Fair Value Disclosure | 12,125 | 7,306 |
Impaired Loan Fair Value | 7,516 | 9,496 |
Other Assets, Fair Value Disclosure | 5,030,111 | 4,997,318 |
Loans Receivable, Fair Value Disclosure | 5,050,029 | 5,014,285 |
Noninterest Bearing Deposit Liabilities Fair Value | 1,378,053 | 1,404,032 |
Interest bearing transactions accounts | 1,227,177 | 1,107,200 |
Savings accounts | 1,763,907 | 1,544,708 |
Time deposits | 1,257,108 | 1,295,329 |
Other Liabilities, Fair Value Disclosure | 4,066 | 1,290 |
Deposits, Fair Value Disclosure | 5,630,311 | 5,352,559 |
Short Term Borrowings Fair Value | 210,731 | 394,242 |
Long-term debt | 781,862 | 771,420 |
Subordinated Debt Obligations, Fair Value Disclosure | 40,857 | 41,596 |
Fair Value, Inputs, Level 1 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Cash and Cash Equivalents, Fair Value Disclosure | 315,889 | 149,459 |
Mortgage IRLCs | 0 | 0 |
Investment securities | 1,807 | 1,941 |
Noninterest Bearing Deposit Liabilities Fair Value | 1,378,053 | 1,404,032 |
Interest bearing transactions accounts | 1,227,177 | 1,107,200 |
Savings accounts | 1,763,907 | 1,544,708 |
Other Liabilities, Fair Value Disclosure | 4,066 | 1,290 |
Deposits, Fair Value Disclosure | 4,373,203 | 4,057,230 |
Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Mortgage IRLCs | 277 | 165 |
Investment securities | 1,494,503 | 1,584,984 |
Loans Held-for-sale, Fair Value Disclosure | 12,125 | 7,306 |
Loans Receivable, Fair Value Disclosure | 12,402 | 7,471 |
Time deposits | 1,257,108 | 1,295,329 |
Deposits, Fair Value Disclosure | 1,257,108 | 1,295,329 |
Short Term Borrowings Fair Value | 210,731 | 394,242 |
Long-term debt | 781,862 | 771,420 |
Subordinated Debt Obligations, Fair Value Disclosure | 40,857 | 41,596 |
Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Mortgage IRLCs | 0 | 0 |
Investment securities | 821 | 769 |
Impaired Loan Fair Value | 7,516 | 9,496 |
Other Assets, Fair Value Disclosure | 5,030,111 | 4,997,318 |
Loans Receivable, Fair Value Disclosure | 5,037,627 | 5,006,814 |
Fair Value Swap [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Swap | 226 | 226 |
Fair Value Swap [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Swap | 226 | 226 |
Fair Value, Measurements, Recurring [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Mortgage loans held for sale | 12,125 | 7,306 |
Mortgage IRLCs | 277 | 165 |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Mortgage loans held for sale | 12,125 | 7,306 |
Mortgage IRLCs | 277 | 165 |
Fair Value, Measurements, Recurring [Member] | Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Investment securities | 360,367 | 522,063 |
Fair Value, Measurements, Recurring [Member] | Obligations Of U.S. Treasury And Other U.S. Government Sponsored Entities [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Investment securities | 360,367 | 522,063 |
Fair Value, Measurements, Recurring [Member] | U.S. Government Sponsored Entities' Asset-Backed Securities [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Investment securities | 942,579 | 911,493 |
Fair Value, Measurements, Recurring [Member] | U.S. Government Sponsored Entities' Asset-Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Investment securities | 942,579 | 911,493 |
Fair Value, Measurements, Recurring [Member] | Other Equity Securities [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Investment securities | 2,628 | 2,710 |
Fair Value, Measurements, Recurring [Member] | Other Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Investment securities | 1,807 | 1,941 |
Fair Value, Measurements, Recurring [Member] | Other Equity Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Investment securities | 821 | 769 |
Fair Value, Measurements, Recurring [Member] | Fair Value Swap [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Swap | 226 | 226 |
Fair Value, Measurements, Recurring [Member] | Fair Value Swap [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Swap | 226 | 226 |
Available-for-sale Securities [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued interest receivable | 3,481 | 4,436 |
Available-for-sale Securities [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued interest receivable | 3,481 | 4,436 |
Loans Receivable [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued interest receivable | 14,016 | 14,239 |
Loans Receivable [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued interest receivable | 14,016 | 14,239 |
Deposits [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued Liabilities, Fair Value Disclosure | 1,023 | 987 |
Deposits [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued Liabilities, Fair Value Disclosure | 72 | 66 |
Deposits [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued Liabilities, Fair Value Disclosure | 951 | 921 |
Borrowings [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued Liabilities, Fair Value Disclosure | 1,313 | 1,351 |
Borrowings [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued Liabilities, Fair Value Disclosure | 4 | |
Borrowings [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items] | ||
Accrued Liabilities, Fair Value Disclosure | $ 1,313 | $ 1,347 |
Fair Value (Reconciliation Of L
Fair Value (Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis) (Details) - Fair Value, Inputs, Level 3 [Member] - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
Other Equity Securities [Member] | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Balance, beginning | $ 813 | $ 739 | $ 769 | $ 776 |
Included in earnings - realized | 0 | 0 | 0 | 0 |
Included in other comprehensive income | 8 | 5 | 52 | (32) |
Periodic, sales, issuances and settlements, other | 0 | 0 | 0 | 0 |
Periodic settlement of fair value swap | 0 | 0 | 0 | 0 |
Balance, ending | 821 | 744 | 821 | 744 |
Fair Value Swap [Member] | ||||
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Balance, Beginning of Period | (226) | (226) | (226) | (226) |
Included in earnings - unrealized | 0 | 0 | 0 | 0 |
Included in other comprehensive income | 0 | 0 | 0 | 0 |
Purchases, sales, issuances and settlements, other | 0 | 0 | 0 | 0 |
Periodic settlement of fair value swap | 0 | 0 | 0 | 0 |
Balance, End of Period | $ (226) | $ (226) | $ (226) | $ (226) |
Fair Value (Fair Value Of Finan
Fair Value (Fair Value Of Financial Instruments) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Cash and money market instruments | $ 315,889 | $ 149,459 |
Investment securities | 1,497,131 | 1,587,694 |
Federal Home Loan Bank Stock | 50,086 | 50,086 |
Federal Reserve Bank Stock | 8,225 | 8,225 |
Loans Held-for-sale, Fair Value Disclosure | 12,125 | 7,306 |
Impaired Loan Fair Value | 7,516 | 9,496 |
Other loans | 5,030,111 | 4,997,318 |
Loans receivable, net | 5,050,029 | 5,014,285 |
Noninterest bearing checking accounts | 1,378,053 | 1,404,032 |
Interest bearing transactions accounts | 1,227,177 | 1,107,200 |
Savings accounts | 1,763,907 | 1,544,708 |
Time deposits | 1,257,108 | 1,295,329 |
Other | 4,066 | 1,290 |
Total deposits | 5,630,311 | 5,352,559 |
Short-term borrowings | 210,731 | 394,242 |
Long-term debt | 781,862 | 771,420 |
Subordinated debentures/notes | 40,857 | 41,596 |
Fair Value Swap [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Swap | 226 | 226 |
Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Accrued interest receivable | 3,481 | 4,436 |
Loans [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Accrued interest receivable | 14,016 | 14,239 |
Deposits [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Accrued interest payable | 1,023 | 987 |
Borrowings [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Accrued interest payable | 1,313 | 1,351 |
Reported Value Measurement [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Cash and money market instruments | 315,889 | 149,459 |
Investment securities | 1,489,695 | 1,585,568 |
Loans Held-for-sale, Fair Value Disclosure | 12,125 | 7,306 |
Derivative Assets | 277 | 165 |
Impaired Loan Fair Value | 7,516 | 9,496 |
Other loans | 5,049,027 | 4,994,624 |
Loans receivable, net | 5,068,945 | 5,011,591 |
Noninterest bearing checking accounts | 1,378,053 | 1,404,032 |
Interest bearing transactions accounts | 1,227,177 | 1,107,200 |
Savings accounts | 1,763,907 | 1,544,708 |
Time deposits | 1,250,676 | 1,290,412 |
Other | 4,066 | 1,290 |
Total deposits | 5,623,879 | 5,347,642 |
Short-term borrowings | 210,731 | 394,242 |
Long-term debt | 741,174 | 738,105 |
Subordinated debentures/notes | 45,000 | 45,000 |
Reported Value Measurement [Member] | Fair Value Swap [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Swap | 226 | 226 |
Reported Value Measurement [Member] | Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Accrued interest receivable | 3,481 | 4,436 |
Reported Value Measurement [Member] | Loans [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Accrued interest receivable | 14,016 | 14,239 |
Reported Value Measurement [Member] | Deposits [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Accrued interest payable | 1,023 | 987 |
Reported Value Measurement [Member] | Borrowings [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Accrued interest payable | 1,313 | 1,351 |
Estimate of Fair Value Measurement [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Derivative Assets | $ 277 | 165 |
Impaired Loan Fair Value | $ 9,496 |
Fair Value Qualitative informat
Fair Value Qualitative information about Level 3 fair value measurements (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2016 | Dec. 31, 2015 | |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | $ 5,050,029 | $ 5,014,285 |
Impaired Loan Fair Value | 7,516 | 9,496 |
Other Assets, Fair Value Disclosure | 5,030,111 | 4,997,318 |
Loans Held-for-sale, Fair Value Disclosure | 12,125 | 7,306 |
Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 5,037,627 | 5,006,814 |
Impaired Loan Fair Value | 7,516 | 9,496 |
Other Assets, Fair Value Disclosure | 5,030,111 | 4,997,318 |
Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 7,516 | 9,496 |
Other Assets, Fair Value Disclosure | 8,119 | 8,515 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 7,516 | 9,496 |
Other Assets, Fair Value Disclosure | 8,119 | 8,515 |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Other Assets, Fair Value Disclosure | 3,419 | 3,387 |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Other Assets, Fair Value Disclosure | 3,419 | 3,387 |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 2,465 | 3,698 |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | $ 2,465 | 3,698 |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Impaired Loan Fair Value | $ 3,698 | |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 0.00% | 0.00% |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Minimum [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 7.00% | 7.00% |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Minimum [Member] | Cost Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 50.00% |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 90.00% | 45.90% |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Maximum [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 9.20% | 13.30% |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Maximum [Member] | Cost Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 50.00% |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 20.10% | 20.30% |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Weighted Average [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 8.30% | 9.50% |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Weighted Average [Member] | Cost Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 50.00% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Impaired Loan Fair Value | $ 2,044 | |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 5.00% | 5.00% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Minimum [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 10.70% | |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 40.00% | 40.00% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Maximum [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 10.70% | |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 22.50% | 22.10% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Loans Receivable [Member] | Weighted Average [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 10.70% | |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Impaired Loan Fair Value | $ 1,872 | |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 0.00% | 0.00% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Minimum [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 10.00% | 10.00% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 15.60% | 25.30% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Maximum [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 10.00% | 10.70% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 1.00% | 1.00% |
Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate - Remaining Commercial [Member] | Loans Receivable [Member] | Weighted Average [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 10.00% | 10.00% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Other Assets, Fair Value Disclosure | $ 1,516 | $ 2,332 |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Other Assets, Fair Value Disclosure | $ 1,516 | 2,332 |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Impaired Loan Fair Value | $ 1,882 | |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 0.00% | 0.00% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Minimum [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 10.00% | 3.80% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Minimum [Member] | Cost Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 33.30% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 87.40% | 96.70% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Maximum [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 10.10% | 10.10% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Maximum [Member] | Cost Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 50.00% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 16.80% | 12.50% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Weighted Average [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 10.00% | 9.10% |
Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Weighted Average [Member] | Cost Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Accumulated Depreciation | 50.00% | 43.40% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 0.00% | 2.00% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Minimum [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 9.50% | 9.50% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 69.00% | 71.00% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Maximum [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 14.00% | 9.50% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Other Assets, Fair Value Disclosure | $ 3,184 | $ 2,796 |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 22.60% | 26.90% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Commercial [Member] | Real Estate [Member] | Weighted Average [Member] | Income Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Cap Rate | 9.90% | 9.50% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 0.00% | 0.00% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Minimum [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 15.00% | 15.00% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 85.00% | 85.00% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Maximum [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 15.00% | 15.00% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Other Assets, Fair Value Disclosure | $ 3,419 | $ 3,387 |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 27.20% | 24.30% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Construction [Member] | Real Estate [Member] | Weighted Average [Member] | Bulk Sale Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Discount Rate | 15.00% | 15.00% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Minimum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 0.10% | 0.10% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Maximum [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 61.80% | 61.80% |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Real Estate [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Other Assets, Fair Value Disclosure | $ 1,516 | $ 2,332 |
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned, Residential [Member] | Real Estate [Member] | Weighted Average [Member] | Sales Comparison Approach Valuation Technique [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Fair Value Inputs, Comparability Adjustments | 26.00% | 23.00% |
Construction Real Estate, SEPH Commercial Land and Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | $ 1,700 | $ 2,044 |
Construction Real Estate, SEPH Commercial Land and Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,700 | 2,044 |
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,422 | 1,872 |
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,422 | 1,872 |
Fair Value [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Impaired Loan Fair Value | $ 9,496 | |
Fair Value [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 2,465 | |
Fair Value [Member] | Fair Value, Measurements, Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,929 | |
Fair Value [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,700 | |
Fair Value [Member] | Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Construction Real Estate [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Loans Receivable, Fair Value Disclosure | $ 1,422 |
Fair Value Fair Value (Assets a
Fair Value Fair Value (Assets and liabilities measured at fair value on a nonrecurring basis) (Details) - USD ($) $ in Thousands | Jun. 30, 2016 | Dec. 31, 2015 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Held-for-sale, Fair Value Disclosure | $ 12,125 | $ 7,306 |
Loans Receivable, Fair Value Disclosure | 5,050,029 | 5,014,285 |
Other Assets, Fair Value Disclosure | 5,030,111 | 4,997,318 |
Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Held-for-sale, Fair Value Disclosure | 12,125 | 7,306 |
Loans Receivable, Fair Value Disclosure | 12,402 | 7,471 |
Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 5,037,627 | 5,006,814 |
Other Assets, Fair Value Disclosure | 5,030,111 | 4,997,318 |
Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 7,516 | 9,496 |
Servicing Asset at Fair Value, Amount | 4,872 | 1,867 |
Other Assets, Fair Value Disclosure | 8,119 | 8,515 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Servicing Asset at Fair Value, Amount | 4,872 | 1,867 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 7,516 | 9,496 |
Other Assets, Fair Value Disclosure | 8,119 | 8,515 |
Commercial Real Estate Portfolio Segment [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 2,465 | 3,698 |
Commercial Real Estate Portfolio Segment [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 2,465 | 3,698 |
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Other Assets, Fair Value Disclosure | 1,516 | 2,332 |
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Other Assets, Fair Value Disclosure | 1,516 | 2,332 |
Construction Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Other Assets, Fair Value Disclosure | 3,419 | 3,387 |
Construction Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Other Assets, Fair Value Disclosure | 3,419 | 3,387 |
Commercial Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Other Assets, Fair Value Disclosure | 3,184 | 2,796 |
Commercial Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Other Assets, Fair Value Disclosure | 3,184 | 2,796 |
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,929 | 1,882 |
Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,929 | 1,882 |
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,422 | 1,872 |
Construction Real Estate - Remaining Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,422 | 1,872 |
Construction Real Estate, SEPH Commercial Land and Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,700 | 2,044 |
Construction Real Estate, SEPH Commercial Land and Development [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,700 | 2,044 |
Reported Value Measurement [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Held-for-sale, Fair Value Disclosure | 12,125 | 7,306 |
Loans Receivable, Fair Value Disclosure | 5,068,945 | 5,011,591 |
Other Assets, Fair Value Disclosure | 5,049,027 | $ 4,994,624 |
Fair Value [Member] | Commercial Real Estate Portfolio Segment [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 2,465 | |
Fair Value [Member] | Residential Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,929 | |
Fair Value [Member] | Construction Real Estate - Remaining Commercial [Member] | Construction Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | 1,422 | |
Fair Value [Member] | Construction Real Estate, SEPH Commercial Land and Development [Member] | Construction Real Estate [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Loans Receivable, Fair Value Disclosure | $ 1,700 |
Fair Value Fair Value (Impaired
Fair Value Fair Value (Impaired Financing Receivables Additional Information) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2016 | Dec. 31, 2015 | Jun. 30, 2015 | |
Schedule of Impaired Financing Receivables Additional Information [Line Items] | |||
Book Value Of Impaired Loans Carried At Fair Value | $ 9,508 | $ 11,783 | |
Partial Charge-Offs On Impaired Loans carried at Fair Value | 6,118 | 10,512 | |
Impaired Financing Receivable, Related Allowance | 6,287 | 4,191 | |
impaired Financing Receivable, loans not held at Fair Value, Carrying Amount | 77,041 | 66,977 | |
Impaired Financing Receivable, Recorded Investment | 90,844 | 80,664 | $ 70,596 |
Impaired Loan Fair Value | 7,516 | 9,496 | |
Impaired Financing Receivable, loans not held at Fair Value, Recorded Investment | 81,336 | 68,881 | |
Partial Charge-offs on Impaired Loans carried at Cost | 18,240 | 18,193 | |
Impaired Financing Receivable, Carrying Value | 84,557 | 76,473 | |
Partial Charge-Offs On Impaired Loans | 24,358 | 28,705 | |
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment | 6,287 | 4,191 | |
Financing Receivable, not collateral dependent [Domain] | |||
Schedule of Impaired Financing Receivables Additional Information [Line Items] | |||
Impaired Financing Receivable, Related Allowance | 4,295 | 1,904 | |
Commercial Receivables, excluding Commercial, Financial, and Agricultural [Domain] | |||
Schedule of Impaired Financing Receivables Additional Information [Line Items] | |||
Impaired Financing Receivable, Related Allowance | $ 1,992 | $ 2,287 |
Other Comprehensive Income (L74
Other Comprehensive Income (Loss) (Component Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||||||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Mar. 31, 2016 | Dec. 31, 2015 | Mar. 31, 2015 | Dec. 31, 2014 | |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||||||
Other comprehensive income before reclassifications | $ 4,352 | $ (8,231) | $ 16,032 | $ (372) | ||||
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax | 0 | 0 | 0 | 0 | ||||
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI for Write-down of Securities, before Tax | 0 | 0 | 0 | 0 | ||||
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax | 0 | 0 | 0 | 0 | ||||
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax | 4,352 | (8,231) | 16,032 | (372) | ||||
Other comprehensive income (loss) | 4,352 | (8,231) | 16,032 | (372) | ||||
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Reclassification Adjustments, Net of Tax | 4,352 | (8,231) | 16,032 | (372) | ||||
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax | 0 | 0 | 0 | |||||
Changes in pension plan assets and benefit obligations, Net-of-tax amount | (15,351) | (14,865) | (15,351) | (14,865) | $ 15,351 | $ 15,351 | $ 14,865 | $ 14,865 |
Unrealized gains on available-for-sale securities, Net-of-tax amount | 15,740 | 885 | 15,740 | 885 | 11,388 | (292) | 9,116 | 1,257 |
Total accumulated other comprehensive income (loss), Net-of-tax amount | $ 389 | $ (13,980) | 389 | $ (13,980) | $ (3,963) | $ (15,643) | $ (5,749) | $ (13,608) |
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI for Write-down of Securities, before Tax | $ 0 |
Investment in Qualified Affor75
Investment in Qualified Affordable Housing (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | Dec. 31, 2015 | |
Schedule of Equity Method Investments [Line Items] | |||||
Amortization Method Qualified Affordable Housing Project Investments, Amortization | $ 1,800 | $ 1,700 | $ 3,700 | $ 3,500 | |
Affordable Housing Program Obligation | 15,995 | 15,995 | $ 20,311 | ||
Affordable Housing Tax Credits and Other Tax Benefits, Amount | 2,300 | $ 2,300 | 4,700 | $ 4,500 | |
Qualified Affordable Housing [Domain] | |||||
Schedule of Equity Method Investments [Line Items] | |||||
Equity Method Investments | $ 47,576 | $ 47,576 | $ 51,247 |
Repurchase Agreement Borrowin76
Repurchase Agreement Borrowings (Details) - USD ($) $ in Thousands | 6 Months Ended | ||
Jun. 30, 2016 | Dec. 31, 2015 | Nov. 30, 2012 | |
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] | |||
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount | $ 510,731 | $ 554,242 | |
Pledged Assets Separately Reported, Securities Pledged for Repurchase Agreements, at Fair Value | 559,000 | 622,000 | |
Available unpledged securities | 536,000 | 585,000 | |
Long-term Debt [Member] | |||
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] | |||
Long-term Debt, Prepayment Penalty | 25,000 | ||
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount | $ 300,000 | ||
Payments of Debt Extinguishment Costs, Unamortized Balance | 7,300 | 9,800 | |
Maturity Overnight [Member] | |||
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] | |||
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount | 209,627 | 247,618 | |
Maturity up to 30 days [Member] | |||
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] | |||
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount | 0 | 2,239 | |
Maturity 30 to 90 Days [Member] | |||
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] | |||
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount | 0 | 0 | |
Maturity over 90 days [Member] | |||
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] | |||
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount | $ 301,104 | $ 304,385 |
Contingent Liabilities (Details
Contingent Liabilities (Details) $ in Millions | Jun. 30, 2016USD ($) |
Loss Contingencies [Line Items] | |
Loss Contingency Accrual | $ 2.8 |