XML 34 R15.htm IDEA: XBRL DOCUMENT v3.6.0.2
Allowance For Loan Losses
 12 Months Ended
Dec. 31, 2016
Receivable Loans and Leases Allowance [Abstract]  
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, 2016 and 2015, and the balance of loans receivable by the method of impairment evaluation at December 31, 2016 and 2015 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance December 31, 2015

 

Provision

 

Charge-offs

 

Recoveries

 

Balance December 31, 2016

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
23,084

 

$
51,189

 

$
(65,684)

 

$
902

 

$
9,491

Owner occupied commercial real estate

 

 
1,675

 

 
934

 

 

 -

 

 

 -

 

 
2,609

Commercial real estate

 

 
4,525

 

 
4,077

 

 
(26)

 

 

 -

 

 
8,576

Construction, land & land development

 

 
2,337

 

 
(485)

 

 

 -

 

 

 -

 

 
1,852

Residential mortgage

 

 
815

 

 
271

 

 

 -

 

 
48

 

 
1,134

Consumer and other

 

 
286

 

 
(5)

 

 
(110)

 

 
22

 

 
193

Total originated loans

 

$
32,722

 

$
55,981

 

$
(65,820)

 

$
972

 

$
23,855

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
46

 

$
3,816

 

$
(2,700)

 

$
98

 

$
1,260

Owner occupied commercial real estate

 

 
4

 

 
1,384

 

 
(1,405)

 

 
17

 

 

 -

Commercial real estate

 

 
166

 

 
737

 

 
(466)

 

 

 -

 

 
437

Construction, land & land development

 

 
8

 

 
1,654

 

 
(1,631)

 

 
84

 

 
115

Residential mortgage

 

 
1

 

 
1,125

 

 
(548)

 

 
107

 

 
685

Consumer and other

 

 

 -

 

 
3

 

 
(15)

 

 
24

 

 
12

Total acquired loans

 

$
225

 

$
8,719

 

$
(6,765)

 

$
330

 

$
2,509

Total

 

$
32,947

 

$
64,700

 

$
(72,585)

 

$
1,302

 

$
26,364

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance December 31, 2014

 

Provision

 

Charge-offs

 

Recoveries

 

Balance December 31, 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

 

 
234

 

 
(63)

 

 

 -

 

 
815

Consumer and other

 

 
264

 

 
131

 

 
(125)

 

 
16

 

 
286

Total originated loans

 

$
15,414

 

$
16,624

 

$
(1,499)

 

$
2,183

 

$
32,722

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 
(36)

 

 

 -

 

 
36

 

 
1

Consumer and other

 

 
2

 

 
4

 

 
(21)

 

 
15

 

 

 -

Total acquired loans

 

$
191

 

$
1,240

 

$
(1,357)

 

$
151

 

$
225

Total

 

$
15,605

 

$
17,864

 

$
(2,856)

 

$
2,334

 

$
32,947

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 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

 

$
867,924

 

$
36,407

 

$

 -

 

$
904,331

 

$
9,097

 

$
394

 

$

 -

 

$
9,491

Owner occupied commercial real estate

 

 
264,876

 

 

 -

 

 

 -

 

 
264,876

 

 
2,609

 

 

 -

 

 

 -

 

 
2,609

Commercial real estate

 

 
808,874

 

 
7,155

 

 

 -

 

 
816,029

 

 
8,576

 

 

 -

 

 

 -

 

 
8,576

Construction, land & land development

 

 
179,999

 

 

 -

 

 

 -

 

 
179,999

 

 
1,852

 

 

 -

 

 

 -

 

 
1,852

Residential mortgage

 

 
126,190

 

 
1,255

 

 

 -

 

 
127,445

 

 
1,134

 

 

 -

 

 

 -

 

 
1,134

Consumer and other

 

 
9,034

 

 
214

 

 

 -

 

 
9,248

 

 
74

 

 
119

 

 

 -

 

 
193

Total originated loans

 

$
2,256,897

 

$
45,031

 

$

 -

 

$
2,301,928

 

$
23,342

 

$
513

 

$

 -

 

$
23,855

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$
110,413

 

$
34,675

 

$
4,506

 

$
149,594

 

$

 -

 

$
1,260

 

$

 -

 

$
1,260

Owner occupied commercial real estate

 

 
115,053

 

 
8,942

 

 
5,339

 

 
129,334

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Commercial real estate

 

 
314,913

 

 
2,002

 

 
10,807

 

 
327,722

 

 
429

 

 

 -

 

 
8

 

 
437

Construction, land & land development

 

 
66,908

 

 
978

 

 
1,819

 

 
69,705

 

 
14

 

 

 -

 

 
101

 

 
115

Residential mortgage

 

 
113,338

 

 
1,691

 

 
2,717

 

 
117,746

 

 
672

 

 

 -

 

 
13

 

 
685

Consumer and other

 

 
2,186

 

 
5

 

 

 -

 

 
2,191

 

 
10

 

 
2

 

 

 -

 

 
12

Total acquired loans

 

$
722,811

 

$
48,293

 

$
25,188

 

$
796,292

 

$
1,125

 

$
1,262

 

$
122

 

$
2,509

Total

 

$
2,979,708

 

$
93,324

 

$
25,188

 

$
3,098,220

 

$
24,467

 

$
1,775

 

$
122

 

$
26,364

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 
14

 

 

 -

 

 
815

Consumer and other

 

 
9,669

 

 
174

 

 

 -

 

 
9,843

 

 
286

 

 

 

 

 

 -

 

 
286

Total originated loans

 

$
1,892,160

 

$
41,397

 

$

 -

 

$
1,933,557

 

$
17,883

 

$
14,839

 

$

 -

 

$
32,722

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 -

 

 
1

 

 

 -

 

 
1

Consumer and other

 

 
4,074

 

 

 -

 

 

 -

 

 
4,074

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Total acquired loans

 

$
1,147,342

 

$
3,596

 

$
46,174

 

$
1,197,112

 

$
15

 

$
1

 

$
209

 

$
225

Total

 

$
3,039,502

 

$
44,993

 

$
46,174

 

$
3,130,669

 

$
17,898

 

$
14,840

 

$
209

 

$
32,947