FIRSTMERIT CORP /OH/ | 2013 | FY | 3


The following table provides the number of loans modified in a TDR during the previous 12 months that subsequently defaulted during the year ended December 31, 2013, as well as the recorded investment in these restructured loans as of December 31, 2013.
 
As of December 31, 2013
 
Number of Loans
 
Recorded Investment
Originated loans
 
 
 
Commercial
 
 
 
C&I
4

 
$
1,773

CRE
6

 
3,101

Construction
1

 
231

Total originated commercial
11

 
5,105

Consumer
 
 
 
Installment
17

 
170

Home equity lines

 

Credit card
33

 
245

Residential mortgages
1

 
75

Total originated consumer
51

 
$
490

Covered loans
 
 
 
Commercial
 
 
 
C&I

 
$

CRE
1

 

Construction
1

 
45

Total covered commercial
2

 
$
45

Total loans
64

 
5,640

Commercial
 
 
 
C&I
4

 
$
1,773

CRE
7

 
3,101

Construction
2

 
276

Total commercial
13

 
5,150

Consumer
 
 
 
Installment
17

 
170

Home equity lines

 

Credit card
33

 
245

Residential mortgages
1

 
75

Total consumer
51

 
490

Total
64

 
$
5,640

 
 
 
 

 
As of December 31, 2012
 
Number of Loans
 
Recorded Investment
Originated loans
 
 
 
Commercial
 
 
 
C&I
3

 
$
1,603

CRE
1

 
500

Construction

 

Total originated commercial
4

 
2,103

Consumer
 
 
 
Installment
11

 
280

Home equity lines

 

Credit card
37

 
273

Residential mortgages
1

 
21

Total originated consumer
49

 
$
574

Covered loans
 
 
 
Commercial
 
 
 
C&I

 
$

CRE

 

Construction
1

 
716

Total covered commercial
1

 
$
716

Total loans
54

 
3,393

Commercial
 
 
 
C&I
3

 
$
1,603

CRE
1

 
500

Construction
1

 
716

Total commercial
5

 
2,819

Consumer
 
 
 
Installment
11

 
280

Home equity lines

 

Credit card
37

 
273

Residential mortgages
1

 
21

Total consumer
49

 
574

Total
54

 
$
3,393

 
 
 
 

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