Loans - (Tables)

6 Months Ended

Jun. 30, 2017

Loan Portfolio Composition Including Carrying Value by Segment of Loans Accounted for under ASC Topic 310-30 and Loans Covered by the FDIC Loss Sharing Agreements

The carrying value of loans is net of discounts on loans excluded from ASC 310-30, and fees and costs of $4.9 million and $6.3 million as of June 30, 2017 and December 31, 2016, respectively. At December 31, 2016, $14.4 million of non 310-30 loans were held-for-sale, most of which were in the residential real estate segment. The sale of these loans was completed in connection with the four banking center divestitures in the second quarter of 2017.


	June 30, 2017
	ASC 310-30 loans		Non 310-30 loans		Total loans		% of total
Commercial	$	35,978	$	1,739,476	$	1,775,454	57.5%
Commercial real estate non-owner occupied		83,785		473,235		557,020	18.0%
Residential real estate		14,012		714,499		728,511	23.6%
Consumer		652		26,308		26,960	0.9%
Total	$	134,427	$	2,953,518	$	3,087,945	100.0%


	December 31, 2016
	ASC 310-30 loans		Non 310-30 loans		Total loans		% of total
Commercial	$	39,280	$	1,521,150	$	1,560,430	54.6%
Commercial real estate non-owner occupied		89,150		437,642		526,792	18.4%
Residential real estate		16,524		728,361		744,885	26.0%
Consumer		898		27,916		28,814	1.0%
Total	$	145,852	$	2,715,069	$	2,860,921	100.0%

Past Due Financing Receivables

Delinquency for loans excluded from ASC 310-30 is shown in the following tables at June 30, 2017 and December 31, 2016, respectively:


	June 30, 2017
					Greater						Total		Loans > 90
	30-59		60-89		than 90						non		days past
	days past		days past		days past		Total past				310-30		due and		Non-
	due		due		due		due		Current		loans		still accruing		accrual
Loans excluded from ASC 310-30:
Commercial:
Commercial and industrial	$	658	$	228	$	4,135	$	5,021	$	1,270,834	$	1,275,855	$	—	$	7,780
Owner occupied commercial real estate		890		—		52		942		232,988		233,930		—		4,377
Agriculture		512		—		435		947		130,451		131,398		—		2,208
Energy		—		—		6,613		6,613		91,680		98,293		—		12,050
Total commercial		2,060		228		11,235		13,523		1,725,953		1,739,476		—		26,415
Commercial real estate non-owner occupied:
Construction		—		—		215		215		121,441		121,656		215		—
Acquisition/development		334		—		—		334		16,008		16,342		—		—
Multifamily		—		—		—		—		41,430		41,430		—		—
Non-owner occupied		135		—		—		135		293,672		293,807		—		35
Total commercial real estate		469		—		215		684		472,551		473,235		215		35
Residential real estate:
Senior lien		854		1,667		1,298		3,819		658,403		662,222		—		5,286
Junior lien		185		47		8		240		52,037		52,277		—		557
Total residential real estate		1,039		1,714		1,306		4,059		710,440		714,499		—		5,843
Consumer		69		19		6		94		26,214		26,308		—		162
Total loans excluded from ASC 310-30	$	3,637	$	1,961	$	12,762	$	18,360	$	2,935,158	$	2,953,518	$	215	$	32,455


	December 31, 2016
					Greater						Total		Loans > 90
	30-59		60-89		than 90						non		days past
	days past		days past		days past		Total past				310-30		due and		Non-
	due		due		due		due		Current		loans		still accruing		accrual
Loans excluded from ASC 310-30:
Commercial:
Commercial and industrial	$	3,134	$	4,009	$	1,078	$	8,221	$	1,066,475	$	1,074,696	$	—	$	8,688
Owner occupied commercial real estate		583		216		56		855		220,689		221,544		—		2,056
Agriculture		501		—		—		501		134,136		134,637		—		1,905
Energy		2		—		6,548		6,550		83,723		90,273		—		12,645
Total commercial		4,220		4,225		7,682		16,127		1,505,023		1,521,150		—		25,294
Commercial real estate non-owner occupied:
Construction		—		—		—		—		90,314		90,314		—		—
Acquisition/development		—		—		—		—		13,306		13,306		—		—
Multifamily		—		—		—		—		24,954		24,954		—		—
Non-owner occupied		—		—		28		28		309,040		309,068		—		66
Total commercial real estate		—		—		28		28		437,614		437,642		—		66
Residential real estate:
Senior lien		888		645		1,458		2,991		672,699		675,690		—		4,522
Junior lien		115		61		22		198		52,473		52,671		—		654
Total residential real estate		1,003		706		1,480		3,189		725,172		728,361		—		5,176
Consumer		83		8		—		91		27,825		27,916		—		181
Total loans excluded from ASC 310-30	$	5,306	$	4,939	$	9,190	$	19,435	$	2,695,634	$	2,715,069	$	—	$	30,717

Credit Exposure for Loans as Determined by Company's Internal Risk Rating System

Credit exposure for all loans as determined by the Company’s internal risk rating system was as follows as of June 30, 2017 and December 31, 2016, respectively:


	June 30, 2017
			Special
	Pass		mention		Substandard		Doubtful		Total
Loans excluded from ASC 310-30:
Commercial:
Commercial and industrial	$	1,243,638	$	13,978	$	15,472	$	2,767	$	1,275,855
Owner occupied commercial real estate		222,882		4,607		6,196		245		233,930
Agriculture		106,022		22,668		2,674		34		131,398
Energy		86,243		—		5,998		6,052		98,293
Total commercial		1,658,785		41,253		30,340		9,098		1,739,476
Commercial real estate non-owner occupied:
Construction		121,441		—		215		—		121,656
Acquisition/development		13,844		2,498		—		—		16,342
Multifamily		39,255		—		2,175		—		41,430
Non-owner occupied		291,007		1,566		1,234		—		293,807
Total commercial real estate		465,547		4,064		3,624		—		473,235
Residential real estate:
Senior lien		656,249		251		5,709		13		662,222
Junior lien		51,404		—		873		—		52,277
Total residential real estate		707,653		251		6,582		13		714,499
Consumer		26,086		56		166		—		26,308
Total loans excluded from ASC 310-30	$	2,858,071	$	45,624	$	40,712	$	9,111	$	2,953,518
Loans accounted for under ASC 310-30:
Commercial	$	27,799	$	1,105	$	7,074	$	—	$	35,978
Commercial real estate non-owner occupied		54,207		1,701		27,877		—		83,785
Residential real estate		11,234		1,088		1,690		—		14,012
Consumer		464		12		176		—		652
Total loans accounted for under ASC 310-30	$	93,704	$	3,906	$	36,817	$	—	$	134,427
Total loans	$	2,951,775	$	49,530	$	77,529	$	9,111	$	3,087,945


	December 31, 2016
			Special
	Pass		mention		Substandard		Doubtful		Total
Loans excluded from ASC 310-30:
Commercial:
Commercial and industrial	$	1,041,326	$	7,243	$	25,636	$	491	$	1,074,696
Owner occupied commercial real estate		202,036		9,371		10,137		—		221,544
Agriculture		123,809		8,922		1,906		—		134,637
Energy		77,619		—		7,811		4,843		90,273
Total commercial		1,444,790		25,536		45,490		5,334		1,521,150
Commercial real estate non-owner occupied:
Construction		90,099		—		215		—		90,314
Acquisition/development		10,758		2,548		—		—		13,306
Multifamily		22,495		238		2,221		—		24,954
Non-owner occupied		300,922		5,895		2,251		—		309,068
Total commercial real estate		424,274		8,681		4,687		—		437,642
Residential real estate:
Senior lien		669,148		1,215		5,316		11		675,690
Junior lien		51,250		178		1,243		—		52,671
Total residential real estate		720,398		1,393		6,559		11		728,361
Consumer		27,669		59		188		—		27,916
Total loans excluded from ASC 310-30	$	2,617,131	$	35,669	$	56,924	$	5,345	$	2,715,069
Loans accounted for under ASC 310-30:
Commercial	$	27,436	$	610	$	11,234	$	—	$	39,280
Commercial real estate non-owner occupied		38,895		967		45,520		3,768		89,150
Residential real estate		12,477		1,327		2,720		—		16,524
Consumer		721		17		160		—		898
Total loans accounted for under ASC 310-30	$	79,529	$	2,921	$	59,634	$	3,768	$	145,852
Total loans	$	2,696,660	$	38,590	$	116,558	$	9,113	$	2,860,921

Schedule Of Impaired Financing Receivable With And Without Related Allowance

Additional information regarding impaired loans at June 30, 2017 and December 31, 2016 is set forth in the table below:


	June 30, 2017						December 31, 2016
					Allowance						Allowance
	Unpaid				for loan		Unpaid				for loan
	principal		Recorded		losses		principal		Recorded		losses
	balance		investment		allocated		balance		investment		allocated
With no related allowance recorded:
Commercial:
Commercial and industrial	$	6,712	$	5,387	$	—	$	8,671	$	7,495	$	—
Owner occupied commercial real estate		3,954		3,755		—		3,350		3,197		—
Agriculture		1,581		1,377		—		2,044		1,987		—
Energy		16,548		5,437		—		17,142		6,105		—
Total commercial		28,795		15,956		—		31,207		18,784		—
Commercial real estate non-owner occupied:
Construction		—		—		—		—		—		—
Acquisition/development		—		—		—		—		—		—
Multifamily		31		31		—		33		33		—
Non-owner occupied		357		306		—		394		343		—
Total commercial real estate		388		337		—		427		376		—
Residential real estate:
Senior lien		345		328		—		1,551		1,426		—
Junior lien		—		—		—		54		51		—
Total residential real estate		345		328		—		1,605		1,477		—
Consumer		—		—		—		4		4		—
Total impaired loans with no related allowance recorded	$	29,528	$	16,621	$	—	$	33,243	$	20,641	$	—
With a related allowance recorded:
Commercial:
Commercial and industrial	$	4,681	$	4,642	$	2,767	$	3,495	$	3,464	$	492
Owner occupied commercial real estate		2,585		2,336		248		957		642		2
Agriculture		938		911		35		—		—		—
Energy		6,613		6,613		3,148		11,216		6,548		1,866
Total commercial		14,817		14,502		6,198		15,668		10,654		2,360
Commercial real estate non-owner occupied:
Construction		—		—		—		—		—		—
Acquisition/development		—		—		—		—		—		—
Multifamily		—		—		—		—		—		—
Non-owner occupied		220		214		1		261		255		1
Total commercial real estate		220		214		1		261		255		1
Residential real estate:
Senior lien		7,162		6,486		36		5,646		5,016		31
Junior lien		1,634		1,391		10		1,781		1,532		14
Total residential real estate		8,796		7,877		46		7,427		6,548		45
Consumer		170		165		1		188		184		2
Total impaired loans with a related allowance recorded	$	24,003	$	22,758	$	6,246	$	23,544	$	17,641	$	2,408
Total impaired loans	$	53,531	$	39,379	$	6,246	$	56,787	$	38,282	$	2,408

Schedule of Impaired Financing Receivable, Average Recorded Investment and Interest Income Recognized

The table below shows additional information regarding the average recorded investment and interest income recognized on impaired loans for the periods presented:


	For the three months ended
	June 30, 2017				June 30, 2016
	Average recorded investment		Interest income recognized		Average recorded investment		Interest income recognized
With no related allowance recorded:
Commercial:
Commercial and industrial	$	6,645	$	25	$	4,279	$	70
Owner occupied commercial real estate		3,789		23		1,825		20
Agriculture		1,454		—		1,758		—
Energy		5,680		—		—		—
Total commercial		17,568		48		7,862		90
Commercial real estate non-owner occupied:
Construction		—		—		—		—
Acquisition/development		—		—		—		—
Multifamily		—		—		—		—
Non-owner occupied		312		5		—		—
Total commercial real estate		312		5		—		—
Residential real estate:
Senior lien		330		—		1,296		8
Junior lien		—		—		134		—
Total residential real estate		330		—		1,430		8
Consumer		—		—		—		—
Total impaired loans with no related allowance recorded	$	18,210	$	53	$	9,292	$	98
With a related allowance recorded:
Commercial:
Commercial and industrial	$	4,643	$	—	$	4,144	$	—
Owner occupied commercial real estate		2,340		7		842		4
Agriculture		912		1		178		1
Energy		6,624		—		25,975		—
Total commercial		14,519		8		31,139		5
Commercial real estate non-owner occupied:
Construction		—		—		—		—
Acquisition/development		—		—		—		—
Multifamily		31		—		35		—
Non-owner occupied		216		2		814		10
Total commercial real estate		247		2		849		10
Residential real estate:
Senior lien		6,525		20		5,149		28
Junior lien		1,403		12		1,652		14
Total residential real estate		7,928		32		6,801		42
Consumer		169		—		241		—
Total impaired loans with a related allowance recorded	$	22,863	$	42	$	39,030	$	57
Total impaired loans	$	41,073	$	95	$	48,322	$	155


	For the six months ended
	June 30, 2017				June 30, 2016
	Average recorded investment		Interest income recognized		Average recorded investment		Interest income recognized
With no related allowance recorded:
Commercial:
Commercial and industrial	$	7,030	$	73	$	4,564	$	138
Owner occupied commercial real estate		3,834		41		1,869		49
Agriculture		1,531		—		1,758		—
Energy		5,889		—		—		—
Total Commercial		18,284		114		8,191		187
Commercial real estate non-owner occupied:
Construction		—		—		—		—
Acquisition/development		—		—		—		—
Multifamily		—		—		—		—
Non-owner occupied		320		12		—		—
Total commercial real estate		320		12		—		—
Residential real estate:
Senior lien		334		—		1,312		14
Junior lien		—		—		136		1
Total residential real estate		334		—		1,448		15
Consumer		—		—		—		—
Total impaired loans with no related allowance recorded	$	18,938	$	126	$	9,639	$	202
With a related allowance recorded:
Commercial:
Commercial and industrial	$	4,630	$	—	$	4,312	$	—
Owner occupied commercial real estate		2,349		11		865		7
Agriculture		914		3		179		3
Energy		6,602		—		26,005		—
Total Commercial		14,495		14		31,361		10
Commercial real estate non-owner occupied:
Construction		—		—		—		—
Acquisition/development		—		—		—		—
Multifamily		31		1		36		1
Non-owner occupied		220		5		823		24
Total commercial real estate		251		6		859		25
Residential real estate:
Senior lien		6,583		40		5,212		53
Junior lien		1,421		25		1,670		27
Total residential real estate		8,004		65		6,882		80
Consumer		175		—		242		—
Total impaired loans with a related allowance recorded	$	22,925	$	85	$	39,344	$	115
Total impaired loans	$	41,863	$	211	$	48,983	$	317

Additional Information Related to Accruing TDR's

The table below provides additional information related to accruing TDRs at June 30, 2017 and December 31, 2016:


	June 30, 2017
	Recorded		Average year-to-date		Unpaid		Unfunded commitments
	investment		recorded investments		principal balance		to fund TDRs
Commercial	$	3,258	$	3,270	$	3,488	$	100
Commercial real estate non-owner occupied		491		510		543		—
Residential real estate		1,424		1,450		1,435		2
Consumer		4		5		4		—
Total	$	5,177	$	5,235	$	5,470	$	102


	December 31, 2016
	Recorded		Average year-to-date		Unpaid		Unfunded commitments
	investment		recorded investments		principal balance		to fund TDRs
Commercial	$	3,302	$	3,440	$	3,464	$	100
Commercial real estate non-owner occupied		538		572		590		—
Residential real estate		1,920		1,996		1,969		2
Consumer		7		9		7		—
Total	$	5,767	$	6,017	$	6,030	$	102

Summary of Company's Carrying Value of Non-Accrual TDR's

The following table summarizes the Company’s carrying value of non-accrual TDRs as of June 30, 2017 and December 31, 2016:


	June 30, 2017		December 31, 2016
Commercial	$	20,246	$	15,265
Commercial real estate non-owner occupied		—		—
Residential real estate		1,308		1,301
Consumer		127		142
Total non-accruing TDRs	$	21,681	$	16,708

Re-Measurement of Loans Accounted for Under ASC Topic 310-30 Resulting in Changes in Carrying Amount of Accretable Yield

The re-measurement of loans accounted for under ASC 310-30 resulted in the following changes in the carrying amount of accretable yield during the six months ended June 30, 2017 and 2016:


	June 30, 2017		June 30, 2016
Accretable yield beginning balance	$	60,476	$	84,194
Reclassification from non-accretable difference		7,732		5,646
Reclassification to non-accretable difference		(494)		(4,019)
Accretion		(12,051)		(18,056)
Accretable yield ending balance	$	55,663	$	67,765

Composition of Net Book Value for Loans Accounted for under ASC Topic 310-30

Below is the composition of the net book value for loans accounted for under ASC 310-30 at June 30, 2017 and December 31, 2016:


	June 30, 2017		December 31, 2016
Contractual cash flows	$	514,149	$	537,611
Non-accretable difference		(324,059)		(331,283)
Accretable yield		(55,663)		(60,476)
Loans accounted for under ASC 310-30	$	134,427	$	145,852