XML 28 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
Allowance For Loan Losses
 3 Months Ended
Mar. 31, 2017
Receivable Loans and Leases Allowance [Abstract]  
ALLOWANCE FOR LOAN LOSSES

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance December 31, 2016

 

Provision

 

Charge-offs

 

Recoveries

 

Balance
March 31,

2017

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

9,491

 

$

6,234

 

$

(1,135)

 

$

565

 

$

15,155

Owner occupied commercial real estate

 

 

2,609

 

 

154

 

 

 -

 

 

 -

 

 

2,763

Commercial real estate

 

 

8,576

 

 

(229)

 

 

 -

 

 

 -

 

 

8,347

Construction, land & land development

 

 

1,852

 

 

(316)

 

 

 -

 

 

 -

 

 

1,536

Residential mortgage

 

 

1,134

 

 

(40)

 

 

 -

 

 

25

 

 

1,119

Consumer and other

 

 

193

 

 

(112)

 

 

(8)

 

 

118

 

 

191

Total originated loans

 

$

23,855

 

$

5,691

 

$

(1,143)

 

$

708

 

$

29,111

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

1,260

 

$

(517)

 

$

(177)

 

$

20

 

$

586

Owner occupied commercial real estate

 

 

 -

 

 

1,060

 

 

 -

 

 

 4

 

 

1,064

Commercial real estate

 

 

437

 

 

(97)

 

 

 -

 

 

 -

 

 

340

Construction, land & land development

 

 

115

 

 

(85)

 

 

(95)

 

 

74

 

 

 9

Residential mortgage

 

 

685

 

 

(106)

 

 

 -

 

 

32

 

 

611

Consumer and other

 

 

12

 

 

199

 

 

 -

 

 

 4

 

 

215

Total acquired loans

 

$

2,509

 

$

454

 

$

(272)

 

$

134

 

$

2,825

Total

 

$

26,364

 

$

6,145

 

$

(1,415)

 

$

842

 

$

31,936

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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, 2015

 

Provision

 

Charge-offs

 

Recoveries

 

Balance

March 31,

2016

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

23,084

 

$

10,557

 

$

(9,865)

 

$

576

 

$

24,352

Owner occupied commercial real estate

 

 

1,675

 

 

408

 

 

 -

 

 

 -

 

 

2,083

Commercial real estate

 

 

4,525

 

 

2,675

 

 

 -

 

 

 -

 

 

7,200

Construction, land & land development

 

 

2,337

 

 

499

 

 

 -

 

 

 1

 

 

2,837

Residential mortgage

 

 

815

 

 

429

 

 

 -

 

 

 -

 

 

1,244

Consumer and other

 

 

286

 

 

97

 

 

(20)

 

 

 4

 

 

367

Total originated loans

 

$

32,722

 

$

14,665

 

$

(9,885)

 

$

581

 

$

38,083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

46

 

$

342

 

$

(15)

 

$

 6

 

$

379

Owner occupied commercial real estate

 

 

 4

 

 

188

 

 

 -

 

 

 -

 

 

192

Commercial real estate

 

 

166

 

 

(142)

 

 

 -

 

 

 -

 

 

24

Construction, land & land development

 

 

 8

 

 

(2)

 

 

 -

 

 

25

 

 

31

Residential mortgage

 

 

 1

 

 

942

 

 

(6)

 

 

57

 

 

994

Consumer and other

 

 

 -

 

 

 7

 

 

 -

 

 

 4

 

 

11

Total acquired loans

 

$

225

 

$

1,335

 

$

(21)

 

$

92

 

$

1,631

Total

 

$

32,947

 

$

16,000

 

$

(9,906)

 

$

673

 

$

39,714

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

 

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

 

$

849,529

 

$

40,319

 

$

 -

 

$

889,848

 

$

9,041

 

$

6,114

 

$

 -

 

$

15,155

Owner occupied commercial real estate

 

 

292,413

 

 

 -

 

 

 -

 

 

292,413

 

 

2,763

 

 

 -

 

 

 -

 

 

2,763

Commercial real estate

 

 

807,005

 

 

2,021

 

 

 -

 

 

809,026

 

 

8,347

 

 

 -

 

 

 -

 

 

8,347

Construction, land & land development

 

 

151,114

 

 

 -

 

 

 -

 

 

151,114

 

 

1,536

 

 

 -

 

 

 -

 

 

1,536

Residential mortgage

 

 

128,185

 

 

2,614

 

 

 -

 

 

130,799

 

 

1,119

 

 

 -

 

 

 -

 

 

1,119

Consumer and other

 

 

8,803

 

 

208

 

 

 -

 

 

9,011

 

 

71

 

 

120

 

 

 -

 

 

191

Total originated loans

 

$

2,237,049

 

$

45,162

 

$

 -

 

$

2,282,211

 

$

22,877

 

$

6,234

 

$

 -

 

$

29,111

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

97,312

 

$

22,017

 

$

3,805

 

$

123,134

 

$

 -

 

$

586

 

$

 -

 

$

586

Owner occupied commercial real estate

 

 

109,193

 

 

8,743

 

 

5,246

 

 

123,182

 

 

 -

 

 

1,064

 

 

 -

 

 

1,064

Commercial real estate

 

 

307,394

 

 

1,912

 

 

10,699

 

 

320,005

 

 

340

 

 

 -

 

 

 -

 

 

340

Construction, land & land development

 

 

49,478

 

 

1,336

 

 

18

 

 

50,832

 

 

 9

 

 

 -

 

 

 -

 

 

 9

Residential mortgage

 

 

107,036

 

 

1,296

 

 

2,708

 

 

111,040

 

 

594

 

 

 -

 

 

17

 

 

611

Consumer and other

 

 

1,655

 

 

216

 

 

 -

 

 

1,871

 

 

 7

 

 

208

 

 

 -

 

 

215

Total acquired loans

 

$

672,068

 

$

35,520

 

$

22,476

 

$

730,064

 

$

950

 

$

1,858

 

$

17

 

$

2,825

Total

 

$

2,909,117

 

$

80,682

 

$

22,476

 

$

3,012,275

 

$

23,827

 

$

8,092

 

$

17

 

$

31,936

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 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

 

$

803,031

 

$

44,507

 

$

 -

 

$

847,538

 

$

11,579

 

$

12,773

 

$

 -

 

$

24,352

Owner occupied commercial real estate

 

 

204,260

 

 

790

 

 

 -

 

 

205,050

 

 

2,083

 

 

 -

 

 

 -

 

 

2,083

Commercial real estate

 

 

631,246

 

 

5,293

 

 

 -

 

 

636,539

 

 

7,200

 

 

 -

 

 

 -

 

 

7,200

Construction, land & land development

 

 

252,184

 

 

458

 

 

 -

 

 

252,642

 

 

2,751

 

 

86

 

 

 -

 

 

2,837

Residential mortgage

 

 

122,788

 

 

1,153

 

 

 -

 

 

123,941

 

 

1,230

 

 

14

 

 

 -

 

 

1,244

Consumer and other

 

 

9,670

 

 

168

 

 

 -

 

 

9,838

 

 

367

 

 

 -

 

 

 -

 

 

367

Total originated loans

 

$

2,023,179

 

$

52,369

 

$

 -

 

$

2,075,548

 

$

25,210

 

$

12,873

 

$

 -

 

$

38,083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

271,962

 

$

419

 

$

10,791

 

$

283,172

 

$

 1

 

$

368

 

$

10

 

$

379

Owner occupied commercial real estate

 

 

154,737

 

 

739

 

 

6,981

 

 

162,457

 

 

 -

 

 

177

 

 

15

 

 

192

Commercial real estate

 

 

370,130

 

 

1,555

 

 

12,175

 

 

383,860

 

 

 -

 

 

 -

 

 

24

 

 

24

Construction, land & land development

 

 

94,932

 

 

 -

 

 

8,633

 

 

103,565

 

 

28

 

 

 -

 

 

 3

 

 

31

Residential mortgage

 

 

151,154

 

 

1,069

 

 

4,072

 

 

156,295

 

 

977

 

 

17

 

 

 -

 

 

994

Consumer and other

 

 

3,286

 

 

 -

 

 

 -

 

 

3,286

 

 

11

 

 

 -

 

 

 -

 

 

11

Total acquired loans

 

$

1,046,201

 

$

3,782

 

$

42,652

 

$

1,092,635

 

$

1,017

 

$

562

 

$

52

 

$

1,631

Total

 

$

3,069,380

 

$

56,151

 

$

42,652

 

$

3,168,183

 

$

26,227

 

$

13,435

 

$

52

 

$

39,714