XML 43 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1
Loans (Tables)
 3 Months Ended
Mar. 31, 2017
LOANS  
Loan Portfolio Classified by Type and Class

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

    

Originated

    

Acquired

    

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

889,848

 

$

123,134

 

$

1,012,982

Real estate:

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

292,413

 

 

123,182

 

 

415,595

Commercial real estate

 

 

809,026

 

 

320,005

 

 

1,129,031

Construction, land & land development

 

 

151,114

 

 

50,832

 

 

201,946

Residential mortgage

 

 

130,799

 

 

111,040

 

 

241,839

Consumer and other

 

 

9,011

 

 

1,871

 

 

10,882

Total loans held for investment

 

$

2,282,211

 

$

730,064

 

$

3,012,275

 

 

 

 

 

 

 

 

 

 

Total loans held for sale

 

$

17,350

 

$

 -

 

$

17,350

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

 

Originated

 

 

Acquired

 

 

Total

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

904,331

 

$

149,594

 

$

1,053,925

Real estate:

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

264,876

 

 

129,334

 

 

394,210

Commercial real estate

 

 

816,029

 

 

327,722

 

 

1,143,751

Construction, land & land development

 

 

179,999

 

 

69,705

 

 

249,704

Residential mortgage

 

 

127,445

 

 

117,746

 

 

245,191

Consumer and other

 

 

9,248

 

 

2,191

 

 

11,439

Total loans held for investment

 

$

2,301,928

 

$

796,292

 

$

3,098,220

 

 

 

 

 

 

 

 

 

 

Total loans held for sale

 

$

23,989

 

$

 -

 

$

23,989

 

Loan maturities and rate sensitivity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

 

Due in
One Year
or Less

 

Due After
One Year
Through
Five Years

 

Due After
Five Years

 

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

    

$

400,304

 

$

560,953

 

$

51,725

    

$

1,012,982

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 Owner occupied commercial real estate

 

 

45,086

 

 

154,424

 

 

216,085

 

 

415,595

 Commercial real estate

 

 

116,160

 

 

780,531

 

 

232,340

 

 

1,129,031

 Construction, land & land development

 

 

75,966

 

 

98,596

 

 

27,384

 

 

201,946

 Residential mortgage

 

 

24,284

 

 

58,639

 

 

158,916

 

 

241,839

Consumer and Other

 

 

5,016

 

 

5,260

 

 

606

 

 

10,882

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans held for investment

 

$

666,816

 

$

1,658,403

 

$

687,056

 

$

3,012,275

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed rate

 

$

75,518

 

$

407,582

 

$

117,013

 

$

600,113

Floating rate

 

 

591,298

 

 

1,250,821

 

 

570,043

 

 

2,412,162

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans held for investment

 

$

666,816

 

$

1,658,403

 

$

687,056

 

$

3,012,275

 

Related party loans

 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

 

    

2017

    

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Beginning balance

 

$

5,813

 

$

9,741

Advances

 

 

 -

 

 

503

Repayments

 

 

(114)

 

 

(4,431)

Ending Balance

 

$

5,699

 

$

5,813

 

Acquired loans

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

 

    

2017

    

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Credit impaired acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

$

26,005

 

$

30,694

Recorded investment

 

 

22,476

 

 

25,188

Discount, net

 

$

3,529

 

$

5,506

 

 

 

 

 

 

 

Other acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

 

711,525

 

 

775,709

Deferred fees, net

 

 

(152)

 

 

(174)

Recorded investment

 

 

707,588

 

 

771,104

Discount, net

 

$

3,785

 

$

4,431

 

 

 

 

 

 

 

Total acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

 

737,530

 

 

806,403

Deferred fees, net

 

 

(152)

 

 

(174)

Recorded investment

 

 

730,064

 

 

796,292

Discount, net

 

$

7,314

 

$

9,937

 

Accretable Yield For Credit Impaired Acquired Loans

 

 

 

 

 

 

 

 

 

 

Quarter Ended  March 31,

 

    

2017

    

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Balance at beginning of period

 

$

2,544

 

$

966

Reclassifications from non-accretable discount

 

 

263

 

 

 -

Accretion

 

 

(403)

 

 

 -

Balance at period end

 

$

2,404

 

$

966

 

Age analysis of loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

 

Loans Past Due and Still Accruing

 

 

 

 

 

 

 

 

 

 

 

 

 

   

30 - 89 Days
Past Due

   

90 Days
or More
Past Due

   

Total

   

Nonaccrual

   

Purchased
Credit
Impaired

   

Current

   

Total
Loans

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

               

 

 

               

 

 

               

 

 

                

 

 

               

 

 

                

 

 

                

Commercial & industrial

 

$

2,193

 

$

1,506

 

$

3,699

 

$

40,263

 

$

 -

 

$

845,886

 

$

889,848

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

534

 

 

915

 

 

1,449

 

 

 -

 

 

 -

 

 

290,964

 

 

292,413

Commercial real estate

 

 

1,612

 

 

396

 

 

2,008

 

 

2,021

 

 

 -

 

 

804,997

 

 

809,026

Construction, land & land development

 

 

1,575

 

 

1,025

 

 

2,600

 

 

 -

 

 

 -

 

 

148,514

 

 

151,114

Residential mortgage

 

 

2,816

 

 

 -

 

 

2,816

 

 

2,614

 

 

 -

 

 

125,369

 

 

130,799

Consumer and other

 

 

44

 

 

 -

 

 

44

 

 

119

 

 

 -

 

 

8,848

 

 

9,011

Total originated loans

 

$

8,774

 

$

3,842

 

$

12,616

 

$

45,017

 

$

 -

 

$

2,224,578

 

$

2,282,211

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

5,401

 

$

1,172

 

$

6,573

 

$

11,094

 

$

3,805

 

$

101,662

 

$

123,134

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

470

 

 

 -

 

 

470

 

 

8,743

 

 

5,246

 

 

108,723

 

 

123,182

Commercial real estate

 

 

59

 

 

175

 

 

234

 

 

1,912

 

 

10,699

 

 

307,160

 

 

320,005

Construction, land & land development

 

 

884

 

 

311

 

 

1,195

 

 

1,336

 

 

18

 

 

48,283

 

 

50,832

Residential mortgage

 

 

1,846

 

 

 -

 

 

1,846

 

 

1,296

 

 

2,708

 

 

105,190

 

 

111,040

Consumer and other

 

 

 2

 

 

 -

 

 

 2

 

 

216

 

 

 -

 

 

1,653

 

 

1,871

Total acquired loans

 

$

8,662

 

$

1,658

 

$

10,320

 

$

24,597

 

$

22,476

 

$

672,671

 

$

730,064

Total loans held for investment

 

$

17,436

 

$

5,500

 

$

22,936

 

$

69,614

 

$

22,476

 

$

2,897,249

 

$

3,012,275

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

Loans Past Due and Still Accruing

 

 

 

 

 

 

 

 

 

 

 

 

 

   

30 - 89 Days
Past Due

   

90 Days
or More
Past Due

   

Total

   

Nonaccrual

   

Purchased Credit Impaired

   

Current

   

Total
Loans

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

               

 

 

               

 

 

               

 

 

                

 

 

                

 

 

                

 

 

                

Commercial & industrial

 

$

1,515

 

$

1,106

 

$

2,621

 

$

36,331

 

$

 -

 

$

865,379

 

$

904,331

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

1,941

 

 

 -

 

 

1,941

 

 

 -

 

 

 -

 

 

262,935

 

 

264,876

Commercial real estate

 

 

1,612

 

 

 -

 

 

1,612

 

 

2,059

 

 

 -

 

 

812,358

 

 

816,029

Construction, land & land development

 

 

4,375

 

 

 -

 

 

4,375

 

 

 -

 

 

 -

 

 

175,624

 

 

179,999

Residential mortgage

 

 

1,791

 

 

63

 

 

1,854

 

 

1,254

 

 

 -

 

 

124,337

 

 

127,445

Consumer and other

 

 

139

 

 

 -

 

 

139

 

 

119

 

 

 -

 

 

8,990

 

 

9,248

Total originated loans

 

$

11,373

 

$

1,169

 

$

12,542

 

$

39,763

 

$

 -

 

$

2,249,623

 

$

2,301,928

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

2,854

 

$

 -

 

$

2,854

 

$

23,424

 

$

4,506

 

$

118,810

 

$

149,594

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

223

 

 

 -

 

 

223

 

 

8,942

 

 

5,339

 

 

114,830

 

 

129,334

Commercial real estate

 

 

2,529

 

 

 -

 

 

2,529

 

 

2,002

 

 

10,807

 

 

312,384

 

 

327,722

Construction, land & land development

 

 

488

 

 

 -

 

 

488

 

 

978

 

 

1,819

 

 

66,420

 

 

69,705

Residential mortgage

 

 

2,768

 

 

 -

 

 

2,768

 

 

1,692

 

 

2,717

 

 

110,569

 

 

117,746

Consumer and other

 

 

226

 

 

 -

 

 

226

 

 

 5

 

 

 -

 

 

1,960

 

 

2,191

Total acquired loans

 

 

9,088

 

 

 -

 

 

9,088

 

 

37,043

 

 

25,188

 

 

724,973

 

 

796,292

Total loans held for investment

 

$

20,461

 

$

1,169

 

$

21,630

 

$

76,806

 

$

25,188

 

$

2,974,596

 

$

3,098,220

 

Summary of impaired loans

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

 

Originated

 

Acquired

 

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Nonaccrual loans

 

$

38,058

 

$

21,280

 

$

59,338

Accruing loans past due 90 days or more

 

 

3,842

 

 

1,658

 

 

5,500

Restructured loans - nonaccrual

 

 

6,959

 

 

3,317

 

 

10,276

Restructured loans - accruing

 

 

145

 

 

10,923

 

 

11,068

Total nonperforming loans

 

$

49,004

 

$

37,178

 

$

86,182

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

Originated

 

Acquired

 

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Nonaccrual loans

 

$

32,805

 

$

33,868

 

$

66,673

Accruing loans past due 90 days or more

 

 

1,169

 

 

 -

 

 

1,169

Restructured loans - nonaccrual

 

 

6,959

 

 

3,174

 

 

10,133

Restructured loans - accruing

 

 

5,267

 

 

11,251

 

 

16,518

Total nonperforming loans

 

$

46,200

 

$

48,293

 

$

94,493

 

Schedule of financing receivables average recorded investment and interest income recognized

The following table presents, for the periods indicated, the average recorded investment in impaired loans and the approximate amount of interest recognized on impaired loans.  Interest recognized includes interest accrued on restructured loans that have performed based on their restructured terms and interest collected on nonaccrual loans that were paid in full during the period.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31, 2017

 

March 31, 2016

 

 

Average Recorded Investment

 

Interest Income Recognized

 

Average Recorded Investment

 

Interest Income Recognized

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

37,835

 

$

 8

 

$

38,223

 

$

 7

Owner occupied commercial real estate

 

 

 -

 

 

 -

 

 

809

 

 

 -

Commercial real estate

 

 

5,512

 

 

 -

 

 

5,314

 

 

81

Construction, land & land development

 

 

 -

 

 

 -

 

 

463

 

 

 -

Residential mortgage

 

 

2,658

 

 

 6

 

 

377

 

 

 -

Consumer and other

 

 

210

 

 

 1

 

 

139

 

 

 2

Total originated loans

 

$

46,214

 

$

15

 

$

45,325

 

$

90

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

29,324

 

$

139

 

$

706

 

$

 -

Owner occupied commercial real estate

 

 

8,873

 

 

 -

 

 

434

 

 

 -

Commercial real estate

 

 

1,972

 

 

 -

 

 

1,590

 

 

 -

Construction, land & land development

 

 

1,096

 

 

 -

 

 

 -

 

 

 -

Residential mortgage

 

 

1,436

 

 

 -

 

 

1,409

 

 

 1

Consumer and other

 

 

74

 

 

 -

 

 

 -

 

 

 -

Total acquired loans

 

$

42,774

 

$

139

 

$

4,139

 

$

 1

Total

 

$

88,988

 

$

154

 

$

49,464

 

$

91

 

Impaired loans, individually evaluated for impairment

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

    

Recorded Investment

    

Unpaid Principal Balance

    

Related Allowance

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

17,433

 

$

17,601

 

$

 -

Commercial real estate

 

 

2,021

 

 

2,028

 

 

 -

Residential mortgage

 

 

2,614

 

 

2,609

 

 

 -

Consumer and other

 

 

89

 

 

89

 

 

 -

Total with no related allowance recorded:

 

$

22,157

 

$

22,327

 

$

 -

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

            

Commercial & industrial

 

$

22,886

 

$

22,886

 

$

6,114

Consumer and other

 

 

119

 

 

119

 

 

120

Total with an allowance recorded:

 

$

23,005

 

$

23,005

 

$

6,234

Total originated loans

 

$

45,162

 

$

45,332

 

$

6,234

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

17,559

 

$

17,653

 

$

 -

Owner occupied commercial real estate

 

 

7,490

 

 

7,513

 

 

 -

Commercial real estate

 

 

1,912

 

 

1,937

 

 

 -

Construction, land & land development

 

 

1,336

 

 

1,349

 

 

 -

Residential mortgage

 

 

1,296

 

 

1,298

 

 

 -

Total with no related allowance recorded:

 

$

29,593

 

$

29,750

 

$

 -

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

            

Commercial & industrial

 

$

4,458

 

$

4,517

 

$

586

Owner occupied commercial real estate

 

 

1,253

 

 

1,237

 

 

1,064

Consumer and other

 

 

216

 

 

210

 

 

208

Total with an allowance recorded:

 

$

5,927

 

$

5,964

 

$

1,858

Total acquired loans

 

$

35,520

 

$

35,714

 

$

1,858

 

 

 

 

 

 

 

 

 

 

Total:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

62,336

 

$

62,657

 

$

6,700

Real estate

 

 

17,922

 

 

17,971

 

 

1,064

Consumer and other

 

 

424

 

 

418

 

 

328

Total

 

$

80,682

 

$

81,046

 

$

8,092

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

    

Recorded Investment

    

Unpaid Principal Balance

    

Related Allowance

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

33,415

 

$

33,671

 

$

 -

Commercial real estate

 

 

7,155

 

 

7,162

 

 

 -

Residential mortgage

 

 

1,254

 

 

1,249

 

 

 -

Consumer and other

 

 

96

 

 

96

 

 

 -

Total with no related allowance recorded:

 

$

41,920

 

$

42,178

 

$

 -

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

2,992

 

$

3,038

 

$

394

Consumer and other

 

 

119

 

 

119

 

 

119

Total with an allowance recorded:

 

$

3,111

 

$

3,157

 

$

513

Total originated loans

 

$

45,031

 

$

45,335

 

$

513

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

32,922

 

$

33,093

 

$

 -

Owner occupied commercial real estate

 

 

8,942

 

 

8,949

 

 

 -

Commercial real estate

 

 

2,002

 

 

2,026

 

 

 -

Construction, land & land development

 

 

978

 

 

991

 

 

 -

Residential mortgage

 

 

1,692

 

 

1,694

 

 

 -

Consumer and other

 

 

 2

 

 

 2

 

 

 -

Total with no related allowance recorded:

 

$

46,538

 

$

46,755

 

$

 -

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

            

Commercial & industrial

 

$

1,753

 

$

1,774

 

$

1,260

Consumer and other

 

 

 2

 

 

 3

 

 

 2

Total with an allowance recorded:

 

$

1,755

 

$

1,777

 

$

1,262

Total acquired loans

 

$

48,293

 

$

48,532

 

$

1,262

 

 

 

 

 

 

 

 

 

 

Total:

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

71,082

 

$

71,576

 

$

1,654

Real Estate

 

 

22,023

 

 

22,071

 

 

 -

Consumer and other

 

 

219

 

 

220

 

 

121

Total

 

$

93,324

 

$

93,867

 

$

1,775

 

Credit risk profile of loans

The credit risk profile of loans aggregated by class and internally assigned risk grades as of the dates set forth were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

 

Grade 1 - 4
(Pass)

 

Grade 5
(Watch)

 

Grade 6
(Special Mention)

 

Grade 7
(Substandard-Accrual)

 

Grade 8
(Substandard-Nonaccrual)

 

Grade 9
(Doubtful)

 

 

PCI

 

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

772,640

 

$

28,259

 

$

26,645

 

$

22,041

 

$

38,294

 

$

1,969

   

$

 -

 

$

889,848

Owner Occupied Commercial Real Estate

 

 

273,067

 

 

4,975

 

 

10,656

 

 

3,715

 

 

 -

 

 

 -

 

 

 -

 

 

292,413

Commercial Real Estate

 

 

712,740

 

 

45,483

 

 

40,944

 

 

7,838

 

 

2,021

 

 

 -

 

 

 -

 

 

809,026

Construction & Land Development

 

 

141,491

 

 

4,548

 

 

1,697

 

 

3,378

 

 

 -

 

 

 -

 

 

 -

 

 

151,114

Residential Mortgage

 

 

119,939

 

 

7,626

 

 

 -

 

 

620

 

 

2,614

 

 

 -

 

 

 -

 

 

130,799

Other Consumer

 

 

8,802

 

 

 4

 

 

56

 

 

30

 

 

119

 

 

 -

 

 

 -

 

 

9,011

Total originated loans

 

$

2,028,679

 

$

90,895

 

$

79,998

 

$

37,622

 

$

43,048

 

$

1,969

 

$

 -

 

$

2,282,211

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

58,662

 

$

4,399

 

$

7,618

 

$

37,556

 

$

11,094

 

$

 -

   

$

3,805

 

$

123,134

Owner Occupied Commercial Real Estate

 

 

89,004

 

 

2,322

 

 

9,706

 

 

8,161

 

 

8,743

 

 

 -

 

 

5,246

 

 

123,182

Commercial Real Estate

 

 

246,254

 

 

22,183

 

 

34,288

 

 

4,669

 

 

1,912

 

 

 -

 

 

10,699

 

 

320,005

Construction & Land Development

 

 

31,579

 

 

13,732

 

 

2,955

 

 

1,212

 

 

1,336

 

 

 -

 

 

18

 

 

50,832

Residential Mortgage

 

 

104,000

 

 

579

 

 

1,178

 

 

1,279

 

 

1,296

 

 

 -

 

 

2,708

 

 

111,040

Other Consumer

 

 

1,655

 

 

 -

 

 

 -

 

 

 -

 

 

216

 

 

 -

 

 

 -

 

 

1,871

Total acquired loans

 

$

531,154

 

$

43,215

 

$

55,745

 

$

52,877

 

$

24,597

 

$

 -

 

$

22,476

 

$

730,064

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans

 

$

2,559,833

 

$

134,110

 

$

135,743

 

$

90,499

 

$

67,645

 

$

1,969

 

$

22,476

 

$

3,012,275

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

 

Grade 1 - 4
(Pass)

 

Grade 5
(Watch)

 

Grade 6
(Special Mention)

 

Grade 7
(Substandard-Accrual)

 

Grade 8
(Substandard-Nonaccrual)

 

Grade 9
(Doubtful)

 

 

PCI

 

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

   

$

818,352

 

$

11,427

 

$

24,133

 

$

14,088

 

$

34,520

 

$

1,811

   

$

 -

 

$

904,331

Owner Occupied Commercial Real Estate

 

 

247,868

 

 

13,169

 

 

513

 

 

3,326

 

 

 -

 

 

 -

 

 

 -

 

 

264,876

Commercial Real Estate

 

 

716,744

 

 

35,812

 

 

55,230

 

 

6,184

 

 

2,059

 

 

 -

 

 

 -

 

 

816,029

Construction & Land Development

 

 

171,287

 

 

5,590

 

 

1,931

 

 

1,191

 

 

 -

 

 

 -

 

 

 -

 

 

179,999

Residential Mortgage

 

 

118,042

 

 

6,079

 

 

573

 

 

1,497

 

 

1,254

 

 

 -

 

 

 -

 

 

127,445

Other Consumer

 

 

9,032

 

 

 5

 

 

58

 

 

34

 

 

119

 

 

 -

 

 

 -

 

 

9,248

Total originated loans

 

$

2,081,325

 

$

72,082

 

$

82,438

 

$

26,320

 

$

37,952

 

$

1,811

 

$

 -

 

$

2,301,928

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

69,304

 

$

2,982

 

$

15,528

 

$

33,850

 

$

23,424

 

$

 -

   

$

4,506

 

$

149,594

Owner Occupied Commercial Real Estate

 

 

94,450

 

 

2,533

 

 

9,788

 

 

8,282

 

 

8,942

 

 

 -

 

 

5,339

 

 

129,334

Commercial Real Estate

 

 

248,583

 

 

23,854

 

 

39,833

 

 

2,643

 

 

2,002

 

 

 -

 

 

10,807

 

 

327,722

Construction & Land Development

 

 

49,849

 

 

12,859

 

 

2,577

 

 

1,623

 

 

978

 

 

 -

 

 

1,819

 

 

69,705

Residential Mortgage

 

 

111,818

 

 

948

 

 

215

 

 

356

 

 

1,692

 

 

 -

 

 

2,717

 

 

117,746

Other Consumer

 

 

1,972

 

 

 -

 

 

214

 

 

 -

 

 

 5

 

 

 -

 

 

 -

 

 

2,191

Total acquired loans

 

$

575,976

 

$

43,176

 

$

68,155

 

$

46,754

 

$

37,043

 

$

 -

 

$

25,188

 

$

796,292

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans

 

$

2,657,301

 

$

115,258

 

$

150,593

 

$

73,074

 

$

74,995

 

$

1,811

 

$

25,188

 

$

3,098,220

 

Troubled debt restructurings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

March 31, 2017

 

March 31, 2016

 

 

Number of Contracts

 

Pre-Modification
Outstanding
Recorded
Investment

 

Recorded Investment as of
March 31, 2017

 

Number of
Contracts

 

Pre-Modification
Outstanding
Recorded
Investment

 

Recorded Investment as of
March 31, 2016

 

 

(Dollars in thousands)

 

    

 

    

 

 

    

 

 

  

 

    

 

 

    

 

 

Consumer and other

 

 1

 

 

208

 

 

214

 

 -

 

$

 -

 

$

 -

Total

 

 1

 

$

208

 

$

214

 

 -

 

$

 -

 

$

 -