Allowance For Loan Losses

12 Months Ended

Dec. 31, 2015

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES

7. ALLOWANCE FOR LOAN LOSSES

An analysis of activity in the allowance for loan losses for the years ended December 31, 2015 and 2014, and the balance of loans receivable by the method of impairment evaluation at December 31, 2015 and 2014 is as follows:

	Commercial & Industrial		Owner Occupied Commercial Real Estate		Commercial Real Estate		Construction & Land Development		Residential Mortgage		Consumer and Other		Total
	(Dollars in thousands)
Allowance for loan losses:
Balance - January 1, 2015	$	8,145	$	974	$	2,942	$	2,633	$	645	$	266	$	15,605
Charge-offs		(2,647)		-		-		-		(63)		(146)		(2,856)
Recoveries		2,185		-		77		5		36		31		2,334
Provision		15,447		705		1,672		(293)		198		135		17,864
Balance - December 31, 2015	$	23,130	$	1,679	$	4,691	$	2,345	$	816	$	286	$	32,947
As of December 31, 2015
Allowance for loan losses:
Collectively evaluated for impairment	$	8,352	$	1,677	$	4,537	$	2,245	$	801	$	286	$	17,898
Individually evaluated for impairment		14,733		-		-		92		15		-		14,840
Purchased credit impaired		45		2		154		8		-		-		209
Total allowance for loan losses	$	23,130	$	1,679	$	4,691	$	2,345	$	816	$	286	$	32,947
Loans receivable:
Collectively evaluated for impairment	$	1,157,464	$	345,911	$	884,881	$	349,660	$	287,843	$	13,743	$	3,039,502
Individually evaluated for impairment		35,083		829		6,946		472		1,489		174		44,993
Purchased credit impaired		13,905		7,149		12,288		8,681		4,151		-		46,174
Total loans evaluated for impairment	$	1,206,452	$	353,889	$	904,115	$	358,813	$	293,483	$	13,917	$	3,130,669

	Commercial & Industrial		Owner Occupied Commercial Real Estate		Commercial Real Estate		Construction & Land Development		Residential Mortgage		Consumer and Other		Total
	(Dollars in thousands)
Allowance for loan losses:
Balance - January 1, 2014	$	10,196	$	874	$	2,216	$	1,103	$	654	$	1,318	$	16,361
Charge-offs		(2,927)		-		-		-		-		(1,297)		(4,224)
Recoveries		118		14		1		-		20		622		775
Provision		758		86		725		1,530		(29)		(377)		2,693
Balance - December 31, 2014	$	8,145	$	974	$	2,942	$	2,633	$	645	$	266	$	15,605
As of December 31, 2014
Allowance for loan losses:
Collectively evaluated for impairment	$	7,772	$	971	$	2,789	$	2,622	$	645	$	171	$	14,970
Individually evaluated for impairment		373		-		-		-		-		95		468
Purchased credit impaired		-		3		153		11		-		-		167
Total allowance for loan losses	$	8,145	$	974	$	2,942	$	2,633	$	645	$	266	$	15,605
Loans receivable:
Collectively evaluated for impairment	$	784,052	$	162,171	$	329,239	$	239,625	$	252,648	$	10,165	$	1,777,900
Individually evaluated for impairment		1,926		173		2,506		969		1,277		250		7,101
Purchased credit impaired		2,432		1,248		7,261		72		3,141		-		14,154
Total loans evaluated for impairment	$	788,410	$	163,592	$	339,006	$	240,666	$	257,066	$	10,415	$	1,799,155