8. ALLOWANCE FOR LOAN LOSSES

An analysis of activity in the allowance for loan losses for the periods indicated, and the balance of loans receivable by the method of impairment evaluation for those periods were 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:
For the Three Months
Balance - January 1, 2016	$	23,130	$	1,679	$	4,691	$	2,345	$	816	$	286	$	32,947
Charge-offs		(9,880)		-		-		-		(6)		(20)		(9,906)
Recoveries		582		-		-		26		57		8		673
Provision		10,899		596		2,533		497		1,371		104		16,000
Balance - March 31, 2016	$	24,731	$	2,275	$	7,224	$	2,868	$	2,238	$	378	$	39,714

As of March 31, 2016
Allowance for loan losses:
Collectively evaluated for impairment	$	11,580	$	2,083	$	7,200	$	2,779	$	2,207	$	378	$	26,227
Individually evaluated for impairment		13,141		177		-		86		31		-		13,435
Purchased credit impaired		10		15		24		3		-		-		52
Total allowance for loan losses	$	24,731	$	2,275	$	7,224	$	2,868	$	2,238	$	378	$	39,714

Loans receivable:
Collectively evaluated for impairment	$	1,074,993	$	358,997	$	1,001,376	$	347,116	$	273,942	$	12,956	$	3,069,380
Individually evaluated for impairment		44,926		1,529		6,848		458		2,222		168		56,151
Purchased credit impaired		10,791		6,981		12,175		8,633		4,072		-		42,652
Total loans evaluated for impairment	$	1,130,710	$	367,507	$	1,020,399	$	356,207	$	280,236	$	13,124	$	3,168,183


	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:
For the Year
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:
For the Three Months
Balance - January 1, 2015	$	8,145	$	974	$	2,942	$	2,633	$	645	$	266	$	15,605
Charge-offs		(77)		-		-		-		-		(105)		(182)
Recoveries		597		-		1		-		12		4		614
Provision		(25)		334		923		(164)		398		39		1,505
Balance - March 31, 2015	$	8,640	$	1,308	$	3,866	$	2,469	$	1,055	$	204	$	17,542

As of March 31, 2015
Allowance for loan losses:
Collectively evaluated for impairment	$	7,625	$	1,305	$	3,712	$	2,458	$	883	$	204	$	16,187
Individually evaluated for impairment		261		-		-		-		172		-		433
Purchased credit impaired		754		3		154		11		-		-		922
Total allowance for loan losses	$	8,640	$	1,308	$	3,866	$	2,469	$	1,055	$	204	$	17,542

Loans receivable:
Collectively evaluated for impairment	$	738,682	$	164,512	$	359,379	$	270,638	$	245,011	$	9,919	$	1,788,141
Individually evaluated for impairment		3,643		1,029		547		2,430		1,491		152		9,292
Purchased credit impaired		2,055		1,063		7,145		57		3,089		-		13,409
Total loans evaluated for impairment	$	744,380	$	166,604	$	367,071	$	273,125	$	249,591	$	10,071	$	1,810,842