Loans (Tables)

3 Months Ended

Mar. 31, 2019

Receivables [Abstract]

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

The carrying value of originated and acquired loans is net of discounts, fees, cost and fair value marks of $10.1 million and $10.2 million as of March 31, 2019 and December 31, 2018, respectively.

	March 31, 2019
	Originated and		ASC
	acquired loans		310-30 loans		Total loans		% of total
Commercial	$	2,737,005	$	19,139	$	2,756,144	64.9%
Commercial real estate non-owner occupied		609,076		36,878		645,954	15.2%
Residential real estate		815,144		7,508		822,652	19.4%
Consumer		22,189		2		22,191	0.5%
Total	$	4,183,414	$	63,527	$	4,246,941	100.0%

	December 31, 2018
	Originated and		ASC
	acquired loans		310-30 loans		Total loans		% of total
Commercial	$	2,624,173	$	20,398	$	2,644,571	64.6%
Commercial real estate non-owner occupied		551,819		40,393		592,212	14.5%
Residential real estate		820,820		9,995		830,815	20.3%
Consumer		24,617		93		24,710	0.6%
Total	$	4,021,429	$	70,879	$	4,092,308	100.0%

Past Due Financing Receivables

Delinquency for originated and acquired loans is shown in the following tables at March 31, 2019 and December 31, 2018:

	March 31, 2019
			Greater
	30-89 days		than 90 days				Total past
	past due and		past due and		Non-accrual		due and
	accruing		accruing		loans		non-accrual		Current		Total loans
Originated and acquired loans:
Commercial:
Commercial and industrial	$	3,388	$	13	$	6,136	$	9,537	$	2,010,349	$	2,019,886
Owner occupied commercial real estate		124		530		6,710		7,364		421,359		428,723
Food and agriculture		288		—		759		1,047		231,981		233,028
Energy		—		—		804		804		54,564		55,368
Total commercial		3,800		543		14,409		18,752		2,718,253		2,737,005
Commercial real estate non-owner occupied:
Construction		355		—		1,208		1,563		92,767		94,330
Acquisition/development		35		725		115		875		17,493		18,368
Multifamily		—		—		—		—		60,635		60,635
Non-owner occupied		199		—		897		1,096		434,647		435,743
Total commercial real estate		589		725		2,220		3,534		605,542		609,076
Residential real estate:
Senior lien		1,398		91		8,768		10,257		707,162		717,419
Junior lien		416		—		832		1,248		96,477		97,725
Total residential real estate		1,814		91		9,600		11,505		803,639		815,144
Consumer		42		—		81		123		22,066		22,189
Total originated and acquired loans	$	6,245	$	1,359	$	26,310	$	33,914	$	4,149,500	$	4,183,414

	December 31, 2018
			Greater
	30-89 days		than 90 days				Total past
	past due and		past due and		Non-accrual		due and
	accruing		accruing		loans		non-accrual		Current		Total loans
Originated and acquired loans:
Commercial:
Commercial and industrial	$	495	$	74	$	5,510	$	6,079	$	1,925,068	$	1,931,147
Owner occupied commercial real estate		893		—		6,931		7,824		413,842		421,666
Food and agriculture		141		125		768		1,034		221,122		222,156
Energy		—		—		742		742		48,462		49,204
Total commercial		1,529		199		13,951		15,679		2,608,494		2,624,173
Commercial real estate non-owner occupied:
Construction		—		—		1,208		1,208		93,646		94,854
Acquisition/development		—		—		121		121		19,529		19,650
Multifamily		—		—		—		—		56,685		56,685
Non-owner occupied		328		132		572		1,032		379,598		380,630
Total commercial real estate		328		132		1,901		2,361		549,458		551,819
Residential real estate:
Senior lien		2,106		548		7,790		10,444		712,592		723,036
Junior lien		556		—		772		1,328		96,456		97,784
Total residential real estate		2,662		548		8,562		11,772		809,048		820,820
Consumer		91		16		42		149		24,468		24,617
Total originated and acquired loans	$	4,610	$	895	$	24,456	$	29,961	$	3,991,468	$	4,021,429

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 at March 31, 2019 and December 31, 2018, respectively:

	March 31, 2019
			Special
	Pass		mention		Substandard		Doubtful		Total
Originated and acquired loans:
Commercial:
Commercial and industrial	$	1,980,564	$	19,051	$	18,934	$	1,337	$	2,019,886
Owner occupied commercial real estate		397,240		19,941		11,457		85		428,723
Food and agriculture		230,558		1,220		1,218		32		233,028
Energy		54,564		—		804		—		55,368
Total commercial		2,662,926		40,212		32,413		1,454		2,737,005
Commercial real estate non-owner occupied:
Construction		92,690		432		1,208		—		94,330
Acquisition/development		17,486		767		115		—		18,368
Multifamily		60,119		516		—		—		60,635
Non-owner occupied		419,021		15,122		1,563		37		435,743
Total commercial real estate		589,316		16,837		2,886		37		609,076
Residential real estate:
Senior lien		704,303		3,455		9,661		—		717,419
Junior lien		96,343		417		965		—		97,725
Total residential real estate		800,646		3,872		10,626		—		815,144
Consumer		22,108		—		81		—		22,189
Total originated and acquired loans	$	4,074,996	$	60,921	$	46,006	$	1,491	$	4,183,414
Loans accounted for under ASC 310-30:
Commercial	$	16,452	$	518	$	2,169	$	—	$	19,139
Commercial real estate non-owner occupied		35,839		242		797		—		36,878
Residential real estate		5,243		849		1,416		—		7,508
Consumer		2		—		—		—		2
Total loans accounted for under ASC 310-30	$	57,536	$	1,609	$	4,382	$	—	$	63,527
Total loans	$	4,132,532	$	62,530	$	50,388	$	1,491	$	4,246,941

	December 31, 2018
			Special
	Pass		mention		Substandard		Doubtful		Total
Originated and acquired loans:
Commercial:
Commercial and industrial	$	1,890,710	$	16,531	$	22,919	$	987	$	1,931,147
Owner occupied commercial real estate		393,404		16,349		11,828		85		421,666
Food and agriculture		220,004		1,260		847		45		222,156
Energy		48,462		—		742		—		49,204
Total commercial		2,552,580		34,140		36,336		1,117		2,624,173
Commercial real estate non-owner occupied:
Construction		92,731		915		1,208		—		94,854
Acquisition/development		19,529		—		121		—		19,650
Multifamily		56,685		—		—		—		56,685
Non-owner occupied		355,776		23,243		1,611		—		380,630
Total commercial real estate		524,721		24,158		2,940		—		551,819
Residential real estate:
Senior lien		710,972		3,571		8,493		—		723,036
Junior lien		96,456		415		913		—		97,784
Total residential real estate		807,428		3,986		9,406		—		820,820
Consumer		24,575		—		42		—		24,617
Total originated and acquired loans	$	3,909,304	$	62,284	$	48,724	$	1,117	$	4,021,429
Loans accounted for under ASC 310-30:
Commercial	$	17,579	$	537	$	2,282	$	—	$	20,398
Commercial real estate non-owner occupied		39,322		246		825		—		40,393
Residential real estate		7,484		908		1,598		—		9,990
Consumer		—		—		98		—		98
Total loans accounted for under ASC 310-30	$	64,385	$	1,691	$	4,803	$	—	$	70,879
Total loans	$	3,973,689	$	63,975	$	53,527	$	1,117	$	4,092,308

Schedule Of Impaired Financing Receivable With And Without Related Allowance

Additional information regarding impaired loans at March 31, 2019 and December 31, 2018 is set forth in the table below:

	March 31, 2019						December 31, 2018
					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	$	4,558	$	3,173	$	—	$	4,374	$	3,029	$	—
Owner occupied commercial real estate		6,975		6,405		—		7,130		6,609		—
Food and agriculture		1,468		1,220		—		1,468		1,260		—
Energy		5,429		804		—		5,366		742		—
Total commercial		18,430		11,602		—		18,338		11,640		—
Commercial real estate non-owner occupied:
Construction		1,435		1,208		—		1,435		1,208		—
Acquisition/development		377		115		—		378		121		—
Multifamily		—		—		—		—		—		—
Non-owner occupied		642		546		—		641		547		—
Total commercial real estate		2,454		1,869		—		2,454		1,876		—
Residential real estate:
Senior lien		4,667		4,310		—		4,229		3,814		—
Junior lien		430		358		—		409		341		—
Total residential real estate		5,097		4,668		—		4,638		4,155		—
Consumer		86		81		—		46		42		—
Total impaired loans with no related allowance recorded	$	26,067	$	18,220	$	—	$	25,476	$	17,713	$	—
With a related allowance recorded:
Commercial:
Commercial and industrial	$	7,736	$	5,109	$	1,348	$	7,252	$	4,627	$	996
Owner occupied commercial real estate		1,317		1,115		90		1,362		1,169		90
Food and agriculture		997		960		33		883		845		46
Energy		—		—		—		—		—		—
Total commercial		10,050		7,184		1,471		9,497		6,641		1,132
Commercial real estate non-owner occupied:
Construction		—		—		—		—		—		—
Acquisition/development		—		—		—		—		—		—
Multifamily		—		—		—		—		—		—
Non-owner occupied		620		561		39		313		254		2
Total commercial real estate		620		561		39		313		254		2
Residential real estate:
Senior lien		6,492		5,582		28		6,032		5,178		27
Junior lien		1,320		1,196		8		1,408		1,293		8
Total residential real estate		7,812		6,778		36		7,440		6,471		35
Consumer		—		—		—		—		—		—
Total impaired loans with a related allowance recorded	$	18,482	$	14,523	$	1,546	$	17,250	$	13,366	$	1,169
Total impaired loans	$	44,549	$	32,743	$	1,546	$	42,726	$	31,079	$	1,169

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
	March 31, 2019				March 31, 2018
	Average recorded investment		Interest income recognized		Average recorded investment		Interest income recognized
With no related allowance recorded:
Commercial:
Commercial and industrial	$	3,189	$	12	$	5,534	$	83
Owner occupied commercial real estate		6,425		3		7,487		18
Food and agriculture		1,220		1		1,259		6
Energy		777		—		2,353		20
Total commercial		11,611		16		16,633		127
Commercial real estate non-owner occupied:
Construction		1,208		—		—		—
Acquisition/development		117		—		886		—
Multifamily		—		—		—		—
Non-owner occupied		546		—		876		4
Total commercial real estate		1,871		—		1,762		4
Residential real estate:
Senior lien		4,325		2		1,612		—
Junior lien		363		—		305		—
Total residential real estate		4,688		2		1,917		—
Consumer		11		—		14		—
Total impaired loans with no related allowance recorded	$	18,181	$	18	$	20,326	$	131
With a related allowance recorded:
Commercial:
Commercial and industrial	$	5,113	$	—	$	4,339	$	—
Owner occupied commercial real estate		1,125		4		1,265		5
Food and agriculture		961		—		2,126		1
Energy		—		—		—		—
Total commercial		7,199		4		7,730		6
Commercial real estate non-owner occupied:
Construction		—		—		—		—
Acquisition/development		—		—		—		—
Multifamily		—		—		29		—
Non-owner occupied		566		9		196		2
Total commercial real estate		566		9		225		2
Residential real estate:
Senior lien		5,629		25		5,601		13
Junior lien		1,205		40		1,151		9
Total residential real estate		6,834		65		6,752		22
Consumer		72		—		24		—
Total impaired loans with a related allowance recorded	$	14,671	$	78	$	14,731	$	30
Total impaired loans	$	32,852	$	96	$	35,057	$	161

Additional Information Related to Accruing TDR's

The tables below provide additional information related to accruing TDRs at March 31, 2019 and December 31, 2018:

	March 31, 2019
	Recorded		Average year-to-date		Unpaid		Unfunded commitments
	investment		recorded investment		principal balance		to fund TDRs
Commercial	$	941	$	943	$	1,061	$	150
Commercial real estate non-owner occupied		195		198		240		—
Residential real estate		1,071		1,079		1,078		12
Consumer		—		—		—		—
Total	$	2,207	$	2,220	$	2,379	$	162

	December 31, 2018
	Recorded		Average year-to-date		Unpaid		Unfunded commitments
	investment		recorded investment		principal balance		to fund TDRs
Commercial	$	2,730	$	2,827	$	3,155	$	—
Commercial real estate non-owner occupied		229		260		280		—
Residential real estate		1,114		1,163		1,121		12
Consumer		—		—		—		—
Total	$	4,073	$	4,250	$	4,556	$	12

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 March 31, 2019 and December 31, 2018:

	March 31, 2019		December 31, 2018
Commercial	$	1,667	$	1,854
Commercial real estate non-owner occupied		—		—
Residential real estate		1,828		1,584
Consumer		—		—
Total non-accruing TDRs	$	3,495	$	3,438

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

The remeasurement of loans accounted for under ASC 310-30 resulted in the following changes in the carrying amount of accretable yield during the three months ended March 31, 2019 and 2018:

	March 31, 2019		March 31, 2018
Accretable yield beginning balance	$	35,901	$	46,568
Reclassification from non-accretable difference		1,524		5,409
Reclassification to non-accretable difference		(421)		(1,390)
Accretion		(3,687)		(5,394)
Accretable yield ending balance	$	33,317	$	45,193

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 March 31, 2019 and December 31, 2018:

	March 31, 2019		December 31, 2018
Contractual cash flows	$	409,942	$	420,994
Non-accretable difference		(313,098)		(314,214)
Accretable yield		(33,317)		(35,901)
Loans accounted for under ASC 310-30	$	63,527	$	70,879