XML 44 R32.htm IDEA: XBRL DOCUMENT v3.5.0.2
Allowance For Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2016
Receivable Loans and Leases Allowance [Abstract]  
Analysis of activity in the 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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

June 30,

2016

 

Provision

 

Charge-offs

 

Recoveries

 

Balance September 30, 2016

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
30,880

 

$
22,308

 

$
(36,330)

 

$
13

 

$
16,871

Owner occupied commercial real estate

 

 
2,124

 

 
278

 

 

 -

 

 

 -

 

 
2,402

Commercial real estate

 

 
7,540

 

 
669

 

 
(26)

 

 

 -

 

 
8,183

Construction, land & land development

 

 
2,426

 

 
(588)

 

 

 -

 

 

 -

 

 
1,838

Residential mortgage

 

 
1,172

 

 
(4)

 

 

 -

 

 
23

 

 
1,191

Consumer and other

 

 
59

 

 
181

 

 
(54)

 

 
5

 

 
191

Total originated loans

 

$
44,201

 

$
22,844

 

$
(36,410)

 

$
41

 

$
30,676

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
410

 

$
3,719

 

$
(1,459)

 

$
24

 

$
2,694

Owner occupied commercial real estate

 

 
580

 

 
383

 

 
(977)

 

 
17

 

 
3

Commercial real estate

 

 
25

 

 
466

 

 
(466)

 

 

 -

 

 
25

Construction, land & land development

 

 
825

 

 
671

 

 

 -

 

 
6

 

 
1,502

Residential mortgage

 

 
1,368

 

 
122

 

 
(512)

 

 
22

 

 
1,000

Consumer and other

 

 
11

 

 
(5)

 

 
(1)

 

 
6

 

 
11

Total acquired loans

 

$
3,219

 

$
5,356

 

$
(3,415)

 

$
75

 

$
5,235

Total

 

$
47,420

 

$
28,200

 

$
(39,825)

 

$
116

 

$
35,911

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

June 30,

2015

 

Provision

 

Charge-offs

 

Recoveries

 

Balance September 30, 2015

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
8,426

 

$
3,075

 

$
(693)

 

$
285

 

$
11,093

Owner occupied commercial real estate

 

 
1,436

 

 
204

 

 

 -

 

 

 -

 

 
1,640

Commercial real estate

 

 
4,125

 

 
(123)

 

 

 -

 

 
75

 

 
4,077

Construction, land & land development

 

 
2,826

 

 
(380)

 

 

 -

 

 

 -

 

 
2,446

Residential mortgage

 

 
845

 

 
99

 

 

 -

 

 

 -

 

 
944

Consumer and other

 

 
369

 

 
(60)

 

 
(2)

 

 
1

 

 
308

Total originated loans

 

$
18,027

 

$
2,815

 

$
(695)

 

$
361

 

$
20,508

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
37

 

$
240

 

$
(288)

 

$
46

 

$
35

Owner occupied commercial real estate

 

 
5

 

 

 -

 

 

 -

 

 

 -

 

 
5

Commercial real estate

 

 
166

 

 

 -

 

 

 -

 

 

 -

 

 
166

Construction, land & land development

 

 
9

 

 
(1)

 

 

 -

 

 

 -

 

 
8

Residential mortgage

 

 
45

 

 
(6)

 

 
(41)

 

 
4

 

 
2

Consumer and other

 

 
3

 

 
6

 

 
(10)

 

 
1

 

 

 -

Total acquired loans

 

$
265

 

$
239

 

$
(339)

 

$
51

 

$
216

Total

 

$
18,292

 

$
3,054

 

$
(1,034)

 

$
412

 

$
20,724

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance December 30, 2015

 

Provision

 

Charge-offs

 

Recoveries

 

Balance September 30, 2016

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
23,084

 

$
42,286

 

$
(49,201)

 

$
702

 

$
16,871

Owner occupied commercial real estate

 

 
1,675

 

 
727

 

 

 -

 

 

 -

 

 
2,402

Commercial real estate

 

 
4,525

 

 
3,684

 

 
(26)

 

 

 -

 

 
8,183

Construction, land & land development

 

 
2,337

 

 
(499)

 

 

 -

 

 

 -

 

 
1,838

Residential mortgage

 

 
816

 

 
349

 

 

 -

 

 
26

 

 
1,191

Consumer and other

 

 
286

 

 
(14)

 

 
(96)

 

 
15

 

 
191

Total originated loans

 

$
32,723

 

$
46,533

 

$
(49,323)

 

$
743

 

$
30,676

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
46

 

$
4,360

 

$
(1,804)

 

$
92

 

$
2,694

Owner occupied commercial real estate

 

 
4

 

 
1,137

 

 
(1,155)

 

 
17

 

 
3

Commercial real estate

 

 
166

 

 
325

 

 
(466)

 

 

 -

 

 
25

Construction, land & land development

 

 
8

 

 
1,415

 

 

 -

 

 
79

 

 
1,502

Residential mortgage

 

 

 -

 

 
1,422

 

 
(518)

 

 
96

 

 
1,000

Consumer and other

 

 

 -

 

 
8

 

 
(15)

 

 
18

 

 
11

Total acquired loans

 

$
224

 

$
8,667

 

$
(3,958)

 

$
302

 

$
5,235

Total

 

$
32,947

 

$
55,200

 

$
(53,281)

 

$
1,045

 

$
35,911

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance December 30, 2014

 

Provision

 

Charge-offs

 

Recoveries

 

Balance December 30, 2015

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
8,139

 

$
14,164

 

$
(1,311)

 

$
2,092

 

$
23,084

Owner occupied commercial real estate

 

 
969

 

 
706

 

 

 -

 

 

 -

 

 
1,675

Commercial real estate

 

 
2,777

 

 
1,673

 

 

 -

 

 
75

 

 
4,525

Construction, land & land development

 

 
2,621

 

 
(284)

 

 

 -

 

 

 -

 

 
2,337

Residential mortgage

 

 
644

 

 
235

 

 
(63)

 

 

 -

 

 
816

Consumer and other

 

 
264

 

 
131

 

 
(125)

 

 
16

 

 
286

Total originated loans

 

$
15,414

 

$
16,625

 

$
(1,499)

 

$
2,183

 

$
32,723

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
6

 

$
1,283

 

$
(1,336)

 

$
93

 

$
46

Owner occupied commercial real estate

 

 
5

 

 
(1)

 

 

 -

 

 

 -

 

 
4

Commercial real estate

 

 
165

 

 
(1)

 

 

 -

 

 
2

 

 
166

Construction, land & land development

 

 
12

 

 
(9)

 

 

 -

 

 
5

 

 
8

Residential mortgage

 

 
1

 

 
(37)

 

 

 -

 

 
36

 

 

 -

Consumer and other

 

 
2

 

 
4

 

 
(21)

 

 
15

 

 

 -

Total acquired loans

 

$
191

 

$
1,239

 

$
(1,357)

 

$
151

 

$
224

Total

 

$
15,605

 

$
17,864

 

$
(2,856)

 

$
2,334

 

$
32,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance December 30, 2014

 

Provision

 

Charge-offs

 

Recoveries

 

Balance September 30, 2015

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
8,139

 

$
2,201

 

$
(1,277)

 

$
2,030

 

$
11,093

Owner occupied commercial real estate

 

 
969

 

 
671

 

 

 -

 

 

 -

 

 
1,640

Commercial real estate

 

 
2,777

 

 
1,225

 

 

 -

 

 
75

 

 
4,077

Construction, land & land development

 

 
2,621

 

 
(175)

 

 

 -

 

 

 -

 

 
2,446

Residential mortgage

 

 
644

 

 
300

 

 

 -

 

 

 -

 

 
944

Consumer and other

 

 
264

 

 
146

 

 
(112)

 

 
10

 

 
308

Total originated loans

 

$
15,414

 

$
4,368

 

$
(1,389)

 

$
2,115

 

$
20,508

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
6

 

$
976

 

$
(1,008)

 

$
61

 

$
35

Owner occupied commercial real estate

 

 
5

 

 

 -

 

 

 -

 

 

 -

 

 
5

Commercial real estate

 

 
165

 

 

 -

 

 

 -

 

 
1

 

 
166

Construction, land & land development

 

 
12

 

 
(4)

 

 

 -

 

 

 -

 

 
8

Residential mortgage

 

 
1

 

 
20

 

 
(41)

 

 
22

 

 
2

Consumer and other

 

 
2

 

 
4

 

 
(17)

 

 
11

 

 

 -

Total acquired loans

 

$
191

 

$
996

 

$
(1,066)

 

$
95

 

$
216

Total

 

$
15,605

 

$
5,364

 

$
(2,455)

 

$
2,210

 

$
20,724

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2016

 

 

Loans evaluated for impairment

 

Allowance for loan losses evaluated

 

 

Collectively evaluated for impairment

 

Individually evaluated for impairment

 

Purchased credit impaired

 

Total loans

 

Collectively evaluated for impairment

 

Individually evaluated for impairment

 

Purchased credit impaired

 

Total allowance for loan losses

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
766,494

 

$
56,553

 

$

 -

 

$
823,047

 

$
8,106

 

$
8,765

 

$

 -

 

$
16,871

Owner occupied commercial real estate

 

 
248,373

 

 
1,454

 

 

 -

 

 
249,827

 

 
2,402

 

 

 -

 

 

 -

 

 
2,402

Commercial real estate

 

 
754,527

 

 
7,261

 

 

 -

 

 
761,788

 

 
8,183

 

 

 -

 

 

 -

 

 
8,183

Construction, land & land development

 

 
180,315

 

 

 -

 

 

 -

 

 
180,315

 

 
1,838

 

 

 -

 

 

 -

 

 
1,838

Residential mortgage

 

 
127,498

 

 
579

 

 

 -

 

 
128,077

 

 
1,177

 

 
14

 

 

 -

 

 
1,191

Consumer and other

 

 
8,784

 

 
221

 

 

 -

 

 
9,005

 

 
72

 

 
119

 

 

 -

 

 
191

Total originated loans

 

$
2,085,991

 

$
66,068

 

$

 -

 

$
2,152,059

 

$
21,778

 

$
8,898

 

$

 -

 

$
30,676

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
150,937

 

$
25,652

 

$
4,778

 

$
181,367

 

$

 -

 

$
2,684

 

$
10

 

$
2,694

Owner occupied commercial real estate

 

 
128,633

 

 
2,583

 

 
5,989

 

 
137,205

 

 

 -

 

 

 -

 

 
3

 

 
3

Commercial real estate

 

 
333,271

 

 
2,623

 

 
11,960

 

 
347,854

 

 

 -

 

 

 -

 

 
25

 

 
25

Construction, land & land development

 

 
89,319

 

 
358

 

 
8,331

 

 
98,008

 

 
3

 

 

 -

 

 
1,499

 

 
1,502

Residential mortgage

 

 
124,165

 

 
1,534

 

 
3,064

 

 
128,763

 

 
705

 

 

 -

 

 
295

 

 
1,000

Consumer and other

 

 
2,350

 

 
12

 

 

 -

 

 
2,362

 

 
9

 

 
2

 

 

 -

 

 
11

Total acquired loans

 

$
828,675

 

$
32,762

 

$
34,122

 

$
895,559

 

$
717

 

$
2,686

 

$
1,832

 

$
5,235

Total

 

$
2,914,666

 

$
98,830

 

$
34,122

 

$
3,047,618

 

$
22,495

 

$
11,584

 

$
1,832

 

$
35,911

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

 

Loans evaluated for impairment

 

Allowance for loan losses evaluated

 

 

Collectively evaluated for impairment

 

Individually evaluated for impairment

 

Purchased credit impaired

 

Total loans

 

Collectively evaluated for impairment

 

Individually evaluated for impairment

 

Purchased credit impaired

 

Total allowance for loan losses

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
815,679

 

$
34,369

 

$

 -

 

$
850,048

 

$
8,351

 

$
14,733

 

$

 -

 

$
23,084

Owner occupied commercial real estate

 

 
188,079

 

 
829

 

 

 -

 

 
188,908

 

 
1,675

 

 

 -

 

 

 -

 

 
1,675

Commercial real estate

 

 
516,531

 

 
5,356

 

 

 -

 

 
521,887

 

 
4,525

 

 

 -

 

 

 -

 

 
4,525

Construction, land & land development

 

 
242,139

 

 
472

 

 

 -

 

 
242,611

 

 
2,245

 

 
92

 

 

 -

 

 
2,337

Residential mortgage

 

 
120,063

 

 
197

 

 

 -

 

 
120,260

 

 
801

 

 
15

 

 

 -

 

 
816

Consumer and other

 

 
9,669

 

 
174

 

 

 -

 

 
9,843

 

 
286

 

 

 

 

 

 -

 

 
286

Total originated loans

 

$
1,892,160

 

$
41,397

 

$

 -

 

$
1,933,557

 

$
17,883

 

$
14,840

 

$

 -

 

$
32,723

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
341,785

 

$
714

 

$
13,905

 

$
356,404

 

$
1

 

$

 -

 

$
45

 

$
46

Owner occupied commercial real estate

 

 
157,832

 

 

 -

 

 
7,149

 

 
164,981

 

 
2

 

 

 -

 

 
2

 

 
4

Commercial real estate

 

 
368,350

 

 
1,590

 

 
12,288

 

 
382,228

 

 
12

 

 

 -

 

 
154

 

 
166

Construction, land & land development

 

 
107,521

 

 

 -

 

 
8,681

 

 
116,202

 

 

 -

 

 

 -

 

 
8

 

 
8

Residential mortgage

 

 
167,780

 

 
1,292

 

 
4,151

 

 
173,223

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Consumer and other

 

 
4,074

 

 

 -

 

 

 -

 

 
4,074

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Total acquired loans

 

$
1,147,342

 

$
3,596

 

$
46,174

 

$
1,197,112

 

$
15

 

$

 -

 

$
209

 

$
224

Total

 

$
3,039,502

 

$
44,993

 

$
46,174

 

$
3,130,669

 

$
17,898

 

$
14,840

 

$
209

 

$
32,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2015

 

 

Loans evaluated for impairment

 

Allowance for loan losses evaluated

 

 

Collectively evaluated for impairment

 

Individually evaluated for impairment

 

Purchased credit impaired

 

Total loans

 

Collectively evaluated for impairment

 

Individually evaluated for impairment

 

Purchased credit impaired

 

Total allowance for loan losses

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
782,058

 

$
20,545

 

$

 -

 

$
802,603

 

$
8,465

 

$
2,628

 

$

 -

 

$
11,093

Owner occupied commercial real estate

 

 
168,443

 

 
853

 

 

 -

 

 
169,296

 

 
1,640

 

 

 -

 

 

 -

 

 
1,640

Commercial real estate

 

 
460,571

 

 
5,418

 

 

 -

 

 
465,989

 

 
4,077

 

 

 -

 

 

 -

 

 
4,077

Construction, land & land development

 

 
246,742

 

 
486

 

 

 -

 

 
247,228

 

 
2,348

 

 
98

 

 

 -

 

 
2,446

Residential mortgage

 

 
114,535

 

 
198

 

 

 -

 

 
114,733

 

 
929

 

 
15

 

 

 -

 

 
944

Consumer and other

 

 
9,641

 

 
145

 

 

 -

 

 
9,786

 

 
308

 

 

 -

 

 

 -

 

 
308

Total originated loans

 

$
1,781,990

 

$
27,645

 

$

 -

 

$
1,809,635

 

$
17,767

 

$
2,741

 

$

 -

 

$
20,508

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
16,162

 

$
672

 

$
900

 

$
17,734

 

$
1

 

$

 -

 

$
34

 

$
35

Owner occupied commercial real estate

 

 
12,905

 

 

 -

 

 
1,023

 

 
13,928

 

 
2

 

 

 -

 

 
3

 

 
5

Commercial real estate

 

 
11,525

 

 
1,640

 

 
4,474

 

 
17,639

 

 
12

 

 

 -

 

 
154

 

 
166

Construction, land & land development

 

 
4,933

 

 

 -

 

 
45

 

 
4,978

 

 

 -

 

 

 -

 

 
8

 

 
8

Residential mortgage

 

 
112,624

 

 
476

 

 
2,963

 

 
116,063

 

 

 -

 

 
2

 

 

 -

 

 
2

Consumer and other

 

 
2,303

 

 

 -

 

 

 -

 

 
2,303

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Total acquired loans

 

$
160,452

 

$
2,788

 

$
9,405

 

$
172,645

 

$
15

 

$
2

 

$
199

 

$
216

Total

 

$
1,942,442

 

$
30,433

 

$
9,405

 

$
1,982,280

 

$
17,782

 

$
2,743

 

$
199

 

$
20,724