XML 43 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1
Loans (Tables)
 6 Months Ended
Jun. 30, 2017
LOANS  
Loan Portfolio Classified by Type and Class

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2017

 

    

Originated

    

Acquired

    

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

1,052,354

 

$

91,978

 

$

1,144,332

Real estate:

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

306,514

 

 

100,803

 

 

407,317

Commercial real estate

 

 

807,341

 

 

301,896

 

 

1,109,237

Construction, land & land development

 

 

153,522

 

 

48,470

 

 

201,992

Residential mortgage

 

 

137,918

 

 

101,916

 

 

239,834

Consumer and other

 

 

19,105

 

 

1,538

 

 

20,643

Total loans held for investment

 

$

2,476,754

 

$

646,601

 

$

3,123,355

 

 

 

 

 

 

 

 

 

 

Total loans held for sale

 

$

16,330

 

$

1,700

 

$

18,030

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2017

 

 

Due in
One Year
or Less

 

Due After
One Year
Through
Five Years

 

Due After
Five Years

 

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

    

$

407,566

 

$

698,487

 

$

38,279

    

$

1,144,332

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 Owner occupied commercial real estate

 

 

36,835

 

 

146,189

 

 

224,293

 

 

407,317

 Commercial real estate

 

 

140,769

 

 

725,757

 

 

242,711

 

 

1,109,237

 Construction, land & land development

 

 

69,334

 

 

102,030

 

 

30,628

 

 

201,992

 Residential mortgage

 

 

25,887

 

 

53,390

 

 

160,557

 

 

239,834

Consumer and Other

 

 

8,252

 

 

3,055

 

 

9,336

 

 

20,643

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans held for investment

 

$

688,643

 

$

1,728,908

 

$

705,804

 

$

3,123,355

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed rate

 

$

96,805

 

$

408,214

 

$

108,451

 

$

613,470

Floating rate

 

 

591,838

 

 

1,320,694

 

 

597,353

 

 

2,509,885

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans held for investment

 

$

688,643

 

$

1,728,908

 

$

705,804

 

$

3,123,355

 

Related party loans

 

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

    

2017

    

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Beginning balance

 

$

5,813

 

$

9,741

Advances

 

 

 -

 

 

503

Repayments

 

 

(5,813)

 

 

(4,431)

Ending Balance

 

$

 -

 

$

5,813

 

Acquired loans

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

    

2017

    

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Credit impaired acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

$

23,743

 

$

30,694

Recorded investment

 

 

20,506

 

 

25,188

Discount, net

 

$

3,237

 

$

5,506

 

 

 

 

 

 

 

Other acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

 

629,233

 

 

775,709

Deferred fees, net

 

 

(135)

 

 

(174)

Recorded investment

 

 

626,095

 

 

771,104

Discount, net

 

$

3,003

 

$

4,431

 

 

 

 

 

 

 

Total acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

 

652,976

 

 

806,403

Deferred fees, net

 

 

(135)

 

 

(174)

Recorded investment

 

 

646,601

 

 

796,292

Discount, net

 

$

6,240

 

$

9,937

 

Accretable Yield For Credit Impaired Acquired Loans

 

 

 

 

 

 

 

 

 

 

Six Months Ended  June 30,

 

    

2017

    

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Balance at beginning of period

 

$

2,544

 

$

966

Reclassifications from non-accretable discount

 

 

327

 

 

 -

Accretion

 

 

(695)

 

 

(38)

Balance at period end

 

$

2,176

 

$

928

 

Age analysis of loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 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

 

$

1,408

 

$

 -

 

$

1,408

 

$

37,909

 

$

 -

 

$

1,013,037

 

$

1,052,354

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

504

 

 

 -

 

 

504

 

 

 -

 

 

 -

 

 

306,010

 

 

306,514

Commercial real estate

 

 

4,952

 

 

393

 

 

5,345

 

 

1,979

 

 

 -

 

 

800,017

 

 

807,341

Construction, land & land development

 

 

1,974

 

 

195

 

 

2,169

 

 

 -

 

 

 -

 

 

151,353

 

 

153,522

Residential mortgage

 

 

4,763

 

 

371

 

 

5,134

 

 

2,038

 

 

 -

 

 

130,746

 

 

137,918

Consumer and other

 

 

155

 

 

 -

 

 

155

 

 

54

 

 

 -

 

 

18,896

 

 

19,105

Total originated loans

 

$

13,756

 

$

959

 

$

14,715

 

$

41,980

 

$

 -

 

$

2,420,059

 

$

2,476,754

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

4,256

 

$

24

 

$

4,280

 

$

11,595

 

$

2,288

 

$

73,815

 

$

91,978

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

586

 

 

 -

 

 

586

 

 

6,958

 

 

5,131

 

 

88,128

 

 

100,803

Commercial real estate

 

 

128

 

 

56

 

 

184

 

 

 -

 

 

10,607

 

 

291,105

 

 

301,896

Construction, land & land development

 

 

1,090

 

 

612

 

 

1,702

 

 

1,467

 

 

18

 

 

45,283

 

 

48,470

Residential mortgage

 

 

75

 

 

1,000

 

 

1,075

 

 

403

 

 

2,462

 

 

97,976

 

 

101,916

Consumer and other

 

 

 -

 

 

 -

 

 

 -

 

 

216

 

 

 -

 

 

1,322

 

 

1,538

Total acquired loans

 

$

6,135

 

$

1,692

 

$

7,827

 

$

20,639

 

$

20,506

 

$

597,629

 

$

646,601

Total loans held for investment

 

$

19,891

 

$

2,651

 

$

22,542

 

$

62,619

 

$

20,506

 

$

3,017,688

 

$

3,123,355

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2017

 

 

Originated

 

Acquired

 

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Nonaccrual loans

 

$

33,755

 

$

9,502

 

$

43,257

Accruing loans past due 90 days or more

 

 

959

 

 

1,692

 

 

2,651

Restructured loans - nonaccrual

 

 

8,225

 

 

11,137

 

 

19,362

Restructured loans - accruing

 

 

4,204

 

 

3,433

 

 

7,637

Total nonperforming loans

 

$

47,143

 

$

25,764

 

$

72,907

 

 

 

 

 

 

 

 

 

 

 

 

 

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 tables present, 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

 

 

June 30, 2017

 

June 30, 2016

 

 

Average Recorded Investment

 

Interest Income Recognized

 

Average Recorded Investment

 

Interest Income Recognized

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

40,013

 

$

 3

 

$

52,269

 

$

12

Owner occupied commercial real estate

 

 

 -

 

 

 -

 

 

783

 

 

 -

Commercial real estate

 

 

1,993

 

 

 -

 

 

5,251

 

 

81

Construction, land & land development

 

 

 -

 

 

 -

 

 

151

 

 

180

Residential mortgage

 

 

2,251

 

 

20

 

 

641

 

 

 9

Consumer and other

 

 

124

 

 

 1

 

 

82

 

 

 2

Total originated loans

 

$

44,381

 

$

24

 

$

59,177

 

$

284

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

19,949

 

$

133

 

$

1,318

 

$

 -

Owner occupied commercial real estate

 

 

8,141

 

 

 -

 

 

560

 

 

 -

Commercial real estate

 

 

1,266

 

 

 -

 

 

1,901

 

 

 -

Construction, land & land development

 

 

1,440

 

 

15

 

 

 -

 

 

 -

Residential mortgage

 

 

1,052

 

 

 9

 

 

1,704

 

 

 -

Consumer and other

 

 

216

 

 

 -

 

 

 2

 

 

 -

Total acquired loans

 

$

32,064

 

$

157

 

$

5,485

 

$

 -

Total

 

$

76,445

 

$

181

 

$

64,662

 

$

284

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

June 30, 2017

 

June 30, 2016

 

 

Average Recorded Investment

 

Interest Income Recognized

 

Average Recorded Investment

 

Interest Income Recognized

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

38,924

 

$

11

 

$

45,246

 

$

19

Owner occupied commercial real estate

 

 

 -

 

 

 -

 

 

796

 

 

 -

Commercial real estate

 

 

3,752

 

 

 -

 

 

5,283

 

 

162

Construction, land & land development

 

 

 -

 

 

 -

 

 

307

 

 

180

Residential mortgage

 

 

2,455

 

 

26

 

 

509

 

 

 9

Consumer and other

 

 

167

 

 

 2

 

 

110

 

 

 4

Total originated loans

 

$

45,298

 

$

39

 

$

52,251

 

$

374

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

24,636

 

$

272

 

$

1,012

 

$

 -

Owner occupied commercial real estate

 

 

8,507

 

 

 -

 

 

497

 

 

 -

Commercial real estate

 

 

1,619

 

 

 -

 

 

1,745

 

 

 -

Construction, land & land development

 

 

1,268

 

 

15

 

 

 -

 

 

 -

Residential mortgage

 

 

1,244

 

 

 9

 

 

1,557

 

 

 1

Consumer and other

 

 

145

 

 

 -

 

 

 1

 

 

 -

Total acquired loans

 

$

37,419

 

$

296

 

$

4,812

 

$

 1

Total

 

$

82,717

 

$

335

 

$

57,063

 

$

375

 

Impaired loans, individually evaluated for impairment

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2017

 

    

Recorded Investment

    

Unpaid Principal Balance

    

Related Allowance

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

21,083

 

$

21,262

 

$

 -

Commercial real estate

 

 

1,979

 

 

1,986

 

 

 -

Residential mortgage

 

 

2,039

 

 

2,034

 

 

 -

Consumer and other

 

 

27

 

 

27

 

 

 -

Total with no related allowance recorded:

 

$

25,128

 

$

25,309

 

$

 -

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

            

Commercial & industrial

 

$

21,002

 

$

21,032

 

$

7,050

Consumer and other

 

 

54

 

 

54

 

 

29

Total with an allowance recorded:

 

$

21,056

 

$

21,086

 

$

7,079

Total originated loans

 

$

46,184

 

$

46,395

 

$

7,079

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

10,055

 

$

10,062

 

$

 -

Owner occupied commercial real estate

 

 

6,958

 

 

6,992

 

 

 -

Construction, land & land development

 

 

1,467

 

 

1,480

 

 

 -

Residential mortgage

 

 

383

 

 

383

 

 

 -

Total with no related allowance recorded:

 

$

18,863

 

$

18,917

 

$

 -

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

            

Commercial & industrial

 

$

4,974

 

$

5,044

 

$

157

Residential mortgage

 

 

20

 

 

20

 

 

20

Consumer and other

 

 

215

 

 

210

 

 

212

Total with an allowance recorded:

 

$

5,209

 

$

5,274

 

$

389

Total acquired loans

 

$

24,072

 

$

24,191

 

$

389

 

 

 

 

 

 

 

 

 

 

Total:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

57,114

 

$

57,400

 

$

7,207

Real estate

 

 

12,846

 

 

12,895

 

 

20

Consumer and other

 

 

296

 

 

291

 

 

241

Total

 

$

70,256

 

$

70,586

 

$

7,468

 

 

 

 

 

 

 

 

 

 

 

 

 

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 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

 

$

955,070

 

$

20,950

 

$

27,960

 

$

10,465

 

$

37,909

 

$

 -

   

$

 -

 

$

1,052,354

Owner Occupied Commercial Real Estate

 

 

290,525

 

 

7,149

 

 

5,724

 

 

3,116

 

 

 -

 

 

 -

 

 

 -

 

 

306,514

Commercial Real Estate

 

 

711,278

 

 

45,481

 

 

39,360

 

 

9,243

 

 

1,979

 

 

 -

 

 

 -

 

 

807,341

Construction & Land Development

 

 

146,196

 

 

333

 

 

2,583

 

 

4,410

 

 

 -

 

 

 -

 

 

 -

 

 

153,522

Residential Mortgage

 

 

121,761

 

 

5,856

 

 

4,428

 

 

3,835

 

 

2,038

 

 

 -

 

 

 -

 

 

137,918

Other Consumer

 

 

19,023

 

 

 2

 

 

 -

 

 

26

 

 

54

 

 

 -

 

 

 -

 

 

19,105

Total originated loans

 

$

2,243,853

 

$

79,771

 

$

80,055

 

$

31,095

 

$

41,980

 

$

 -

 

$

 -

 

$

2,476,754

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

50,407

 

$

7,147

 

$

8,945

 

$

11,596

 

$

11,595

 

$

 -

   

$

2,288

 

$

91,978

Owner Occupied Commercial Real Estate

 

 

78,583

 

 

340

 

 

9,791

 

 

 -

 

 

6,958

 

 

 -

 

 

5,131

 

 

100,803

Commercial Real Estate

 

 

243,221

 

 

20,296

 

 

26,367

 

 

1,405

 

 

 -

 

 

 -

 

 

10,607

 

 

301,896

Construction & Land Development

 

 

30,459

 

 

12,490

 

 

3,173

 

 

863

 

 

1,467

 

 

 -

 

 

18

 

 

48,470

Residential Mortgage

 

 

96,287

 

 

1,413

 

 

1,156

 

 

195

 

 

403

 

 

 -

 

 

2,462

 

 

101,916

Other Consumer

 

 

1,322

 

 

 -

 

 

 -

 

 

 -

 

 

216

 

 

 -

 

 

 -

 

 

1,538

Total acquired loans

 

$

500,279

 

$

41,686

 

$

49,432

 

$

14,059

 

$

20,639

 

$

 -

 

$

20,506

 

$

646,601

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans

 

$

2,744,132

 

$

121,457

 

$

129,487

 

$

45,154

 

$

62,619

 

$

 -

 

$

20,506

 

$

3,123,355

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

June 30, 2017

 

June 30, 2016

 

 

Number of Contracts

 

Pre-Modification
Outstanding
Recorded
Investment

 

Recorded Investment as of
June 30, 2017

 

Number of
Contracts

 

Pre-Modification
Outstanding
Recorded
Investment

 

Recorded Investment as of
June 30, 2016

 

 

(Dollars in thousands)

 

    

 

    

 

 

    

 

 

  

 

    

 

 

    

 

 

Commercial & industrial

 

 3

 

$

2,526

 

$

2,509

 

 -

 

$

 -

 

$

 -

Owner occupied commercial real estate

 

 3

 

 

5,501

 

 

5,492

 

 -

 

 

 -

 

 

 -

Construction, land & land development

 

 2

 

 

831

 

 

820

 

 -

 

 

 -

 

 

 -

Consumer and other

 

 1

 

 

208

 

 

214

 

 -

 

 

 -

 

 

 -

Total

 

 9

 

$

9,066

 

$

9,035

 

 -

 

$

 -

 

$

 -