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 - April 1, 2016	$	24,731	$	2,275	$	7,224	$	2,868	$	2,238	$	378	$	39,714
Charge-offs		(3,336)		(177)		-		-		-		(37)		(3,550)
Recoveries		175		-		-		47		20		14		256
Provision		9,719		606		341		336		282		(284)		11,000
Balance - June 30, 2016	$	31,289	$	2,704	$	7,565	$	3,251	$	2,540	$	71	$	47,420

For the Six Months
Balance - January 1, 2016	$	23,130	$	1,679	$	4,691	$	2,345	$	816	$	286	$	32,947
Charge-offs		(13,216)		(177)		-		-		(6)		(57)		(13,456)
Recoveries		757		-		-		73		77		22		929
Provision		20,618		1,202		2,874		833		1,653		(180)		27,000
Balance - June 30, 2016	$	31,289	$	2,704	$	7,565	$	3,251	$	2,540	$	71	$	47,420

As of June 30, 2016
Allowance for loan losses:
Collectively evaluated for impairment	$	11,756	$	2,124	$	7,540	$	2,440	$	1,938	$	68	$	25,866
Individually evaluated for impairment		19,324		562		-		-		233		3		20,122
Purchased credit impaired		209		18		25		811		369		-		1,432
Total allowance for loan losses	$	31,289	$	2,704	$	7,565	$	3,251	$	2,540	$	71	$	47,420

Loans receivable:
Collectively evaluated for impairment	$	1,059,630	$	357,844	$	1,059,072	$	326,580	$	263,532	$	10,502	$	3,077,160
Individually evaluated for impairment		60,631		2,138		7,290		-		2,781		110		72,950
Purchased credit impaired		8,280		6,605		12,072		8,345		4,024		-		39,326
Total loans evaluated for impairment	$	1,128,541	$	366,587	$	1,078,434	$	334,925	$	270,337	$	10,612	$	3,189,436


	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 - April 1, 2015	$	8,640	$	1,308	$	3,866	$	2,469	$	1,055	$	204	$	17,542
Charge-offs		(1,227)		-		-		-		-		(12)		(1,239)
Recoveries		1,163		-		-		-		6		15		1,184
Provision		(113)		133		425		366		(171)		165		805
Balance - June 30, 2015	$	8,463	$	1,441	$	4,291	$	2,835	$	890	$	372	$	18,292

For the Six Months
Balance - January 1, 2015	$	8,145	$	974	$	2,942	$	2,633	$	645	$	266	$	15,605
Charge-offs		(1,304)		-		-		-		-		(117)		(1,421)
Recoveries		1,760		-		1		-		18		19		1,798
Provision		(138)		467		1,348		202		227		204		2,310
Balance - June 30, 2015	$	8,463	$	1,441	$	4,291	$	2,835	$	890	$	372	$	18,292

As of June 30, 2015
Allowance for loan losses:
Collectively evaluated for impairment	$	7,913	$	1,438	$	4,137	$	2,723	$	831	$	370	$	17,412
Individually evaluated for impairment		516		-		-		103		59		2		680
Purchased credit impaired		34		3		154		9		-		-		200
Total allowance for loan losses	$	8,463	$	1,441	$	4,291	$	2,835	$	890	$	372	$	18,292

Loans receivable:
Collectively evaluated for impairment	$	790,545	$	173,978	$	378,808	$	289,916	$	230,483	$	14,297	$	1,878,027
Individually evaluated for impairment		3,636		1,429		532		502		545		151		6,795
Purchased credit impaired		1,302		1,046		4,523		51		2,998		-		9,920
Total loans evaluated for impairment	$	795,483	$	176,453	$	383,863	$	290,469	$	234,026	$	14,448	$	1,894,742