XML 43 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Loans (Tables)
 9 Months Ended
Sep. 30, 2017
LOANS  
Loan Portfolio Classified by Type and Class

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017

 

    

Originated

    

Acquired

    

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

1,066,715

 

$

82,135

 

$

1,148,850

Real estate:

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

312,162

 

 

96,236

 

 

408,398

Commercial real estate

 

 

806,327

 

 

262,415

 

 

1,068,742

Construction, land & land development

 

 

146,522

 

 

47,334

 

 

193,856

Residential mortgage

 

 

138,095

 

 

96,994

 

 

235,089

Consumer and other

 

 

15,418

 

 

1,408

 

 

16,826

Total loans held for investment

 

$

2,485,239

 

$

586,522

 

$

3,071,761

 

 

 

 

 

 

 

 

 

 

Total loans held for sale

 

$

17,673

 

$

 -

 

$

17,673

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 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

    

$

410,376

 

$

702,880

 

$

35,594

    

$

1,148,850

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 Owner occupied commercial real estate

 

 

39,677

 

 

147,336

 

 

221,385

 

 

408,398

 Commercial real estate

 

 

159,098

 

 

672,213

 

 

237,431

 

 

1,068,742

 Construction, land & land development

 

 

71,615

 

 

93,899

 

 

28,342

 

 

193,856

 Residential mortgage

 

 

20,542

 

 

48,336

 

 

166,211

 

 

235,089

Consumer and Other

 

 

4,941

 

 

2,957

 

 

8,928

 

 

16,826

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans held for investment

 

$

706,249

 

$

1,667,621

 

$

697,891

 

$

3,071,761

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed rate

 

$

109,487

 

$

393,018

 

$

107,670

 

$

610,175

Adjustable rate(1)

 

 

596,762

 

 

1,274,603

 

 

590,221

 

 

2,461,586

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans held for investment

 

$

706,249

 

$

1,667,621

 

$

697,891

 

$

3,071,761

 

Related party loans

 

 

 

 

 

 

 

 

 

 

September 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

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

    

2017

    

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Credit impaired acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

$

23,182

 

$

30,694

Recorded investment

 

 

20,416

 

 

25,188

Discount, net

 

$

2,766

 

$

5,506

 

 

 

 

 

 

 

Other acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

 

568,529

 

 

775,709

Deferred fees, net

 

 

(77)

 

 

(174)

Recorded investment

 

 

566,106

 

 

771,104

Discount, net

 

$

2,346

 

$

4,431

 

 

 

 

 

 

 

Total acquired loans:

 

 

 

 

 

 

Outstanding principal balance

 

 

591,711

 

 

806,403

Deferred fees, net

 

 

(77)

 

 

(174)

Recorded investment

 

 

586,522

 

 

796,292

Discount, net

 

$

5,112

 

$

9,937

 

Accretable Yield For Credit Impaired Acquired Loans

 

 

 

 

 

 

 

 

 

 

Nine Months Ended  September 30,

 

    

2017

    

2016

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

Balance at beginning of period

 

$

2,544

 

$

967

Reclassifications from non-accretable discount

 

 

(422)

 

 

3,087

Accretion

 

 

(1,166)

 

 

(1,051)

Balance at period end

 

$

956

 

$

3,003

 

Age analysis of loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 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

 

$

2,800

 

$

50

 

$

2,850

 

$

37,489

 

$

 -

 

$

1,026,376

 

$

1,066,715

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

500

 

 

357

 

 

857

 

 

 -

 

 

 -

 

 

311,305

 

 

312,162

Commercial real estate

 

 

5,165

 

 

 -

 

 

5,165

 

 

202

 

 

 -

 

 

800,960

 

 

806,327

Construction, land & land development

 

 

1,212

 

 

222

 

 

1,434

 

 

3,137

 

 

 -

 

 

141,951

 

 

146,522

Residential mortgage

 

 

4,383

 

 

419

 

 

4,802

 

 

1,507

 

 

 -

 

 

131,786

 

 

138,095

Consumer and other

 

 

84

 

 

21

 

 

105

 

 

52

 

 

 -

 

 

15,261

 

 

15,418

Total originated loans

 

$

14,144

 

$

1,069

 

$

15,213

 

$

42,387

 

$

 -

 

$

2,427,639

 

$

2,485,239

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

218

 

$

 -

 

$

218

 

$

8,707

 

$

3,339

 

$

69,871

 

$

82,135

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owner occupied commercial real estate

 

 

4,971

 

 

 -

 

 

4,971

 

 

2,634

 

 

4,283

 

 

84,348

 

 

96,236

Commercial real estate

 

 

1,082

 

 

180

 

 

1,262

 

 

127

 

 

10,323

 

 

250,703

 

 

262,415

Construction, land & land development

 

 

1,144

 

 

3,579

 

 

4,723

 

 

107

 

 

17

 

 

42,487

 

 

47,334

Residential mortgage

 

 

818

 

 

 -

 

 

818

 

 

37

 

 

2,454

 

 

93,685

 

 

96,994

Consumer and other

 

 

 1

 

 

 -

 

 

 1

 

 

212

 

 

 -

 

 

1,195

 

 

1,408

Total acquired loans

 

$

8,234

 

$

3,759

 

$

11,993

 

$

11,824

 

$

20,416

 

$

542,289

 

$

586,522

Total loans held for investment

 

$

22,378

 

$

4,828

 

$

27,206

 

$

54,211

 

$

20,416

 

$

2,969,928

 

$

3,071,761

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017

 

 

Originated

 

Acquired

 

Total

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Nonaccrual loans

 

$

34,632

 

$

9,024

 

$

43,656

Accruing loans past due 90 days or more

 

 

1,069

 

 

3,759

 

 

4,828

Restructured loans - nonaccrual

 

 

7,755

 

 

2,800

 

 

10,555

Restructured loans - accruing

 

 

4,137

 

 

14,114

 

 

18,251

Total nonperforming loans

 

$

47,593

 

$

29,697

 

$

77,290

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

September 30, 2017

 

September 30, 2016

 

 

Average Recorded Investment

 

Interest Income Recognized

 

Average Recorded Investment

 

Interest Income Recognized

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

41,829

 

$

47

 

$

62,932

 

$

38

Owner occupied commercial real estate

 

 

 -

 

 

 -

 

 

1,498

 

 

73

Commercial real estate

 

 

723

 

 

 -

 

 

6,589

 

 

80

Construction, land & land development

 

 

3,016

 

 

 -

 

 

 -

 

 

 -

Residential mortgage

 

 

1,023

 

 

97

 

 

575

 

 

 -

Consumer and other

 

 

75

 

 

 1

 

 

183

 

 

 1

Total originated loans

 

$

46,666

 

$

145

 

$

71,777

 

$

192

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

16,693

 

$

77

 

$

20,362

 

$

63

Owner occupied commercial real estate

 

 

6,918

 

 

 -

 

 

3,029

 

 

 -

Commercial real estate

 

 

42

 

 

 -

 

 

2,304

 

 

48

Construction, land & land development

 

 

1,021

 

 

30

 

 

239

 

 

 -

Residential mortgage

 

 

212

 

 

23

 

 

1,959

 

 

79

Consumer and other

 

 

214

 

 

 -

 

 

 9

 

 

 -

Total acquired loans

 

$

25,100

 

$

130

 

$

27,902

 

$

190

Total

 

$

71,766

 

$

275

 

$

99,679

 

$

382

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

September 30, 2017

 

September 30, 2016

 

 

Average Recorded Investment

 

Interest Income Recognized

 

Average Recorded Investment

 

Interest Income Recognized

 

 

(Dollars in thousands)

 

    

 

 

    

 

 

  

 

 

    

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

39,892

 

$

59

 

$

51,141

 

$

57

Owner occupied commercial real estate

 

 

 -

 

 

 -

 

 

1,030

 

 

73

Commercial real estate

 

 

2,744

 

 

 -

 

 

5,718

 

 

241

Construction, land & land development

 

 

1,005

 

 

 -

 

 

205

 

 

180

Residential mortgage

 

 

1,977

 

 

123

 

 

531

 

 

10

Consumer and other

 

 

136

 

 

 3

 

 

135

 

 

 5

Total originated loans

 

$

45,754

 

$

185

 

$

58,760

 

$

566

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

21,989

 

$

348

 

$

7,372

 

$

63

Owner occupied commercial real estate

 

 

7,977

 

 

 -

 

 

1,431

 

 

 -

Commercial real estate

 

 

1,093

 

 

 -

 

 

1,932

 

 

48

Construction, land & land development

 

 

1,186

 

 

45

 

 

79

 

 

 -

Residential mortgage

 

 

900

 

 

32

 

 

1,691

 

 

80

Consumer and other

 

 

168

 

 

 -

 

 

 4

 

 

 -

Total acquired loans

 

$

33,313

 

$

425

 

$

12,509

 

$

191

Total

 

$

79,067

 

$

610

 

$

71,269

 

$

757

 

Impaired loans, individually evaluated for impairment

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017

 

    

Recorded Investment

    

Unpaid Principal Balance

    

Related Allowance

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

Originated Loans

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

18,372

 

$

18,557

 

$

 -

Commercial real estate

 

 

202

 

 

202

 

 

 -

Construction, land & land development

 

 

174

 

 

178

 

 

 -

Residential mortgage

 

 

1,507

 

 

1,507

 

 

 -

Consumer and other

 

 

20

 

 

21

 

 

 -

Total with no related allowance recorded:

 

$

20,275

 

$

20,465

 

$

 -

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

            

Commercial & industrial

 

$

23,233

 

$

23,306

 

$

7,415

Construction, land & land development

 

 

2,964

 

 

2,964

 

 

308

Consumer and other

 

 

52

 

 

52

 

 

29

Total with an allowance recorded:

 

$

26,249

 

$

26,322

 

$

7,752

Total originated loans

 

$

46,524

 

$

46,787

 

$

7,752

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

With no related allowance recorded:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

17,762

 

$

17,767

 

$

 -

Owner occupied commercial real estate

 

 

6,880

 

 

6,914

 

 

 -

Commercial real estate

 

 

127

 

 

127

 

 

 -

Construction, land & land development

 

 

920

 

 

933

 

 

 -

Residential mortgage

 

 

18

 

 

18

 

 

 -

Consumer and other

 

 

209

 

 

203

 

 

 -

Total with no related allowance recorded:

 

$

25,916

 

$

25,962

 

$

 -

 

 

 

 

 

 

 

 

 

 

With an allowance recorded:

 

 

 

 

 

 

 

 

            

Residential mortgage

 

$

19

 

$

19

 

$

19

Consumer and other

 

 

 3

 

 

 3

 

 

 3

Total with an allowance recorded:

 

$

22

 

$

22

 

$

22

Total acquired loans

 

$

25,938

 

$

25,984

 

$

22

 

 

 

 

 

 

 

 

 

 

Total:

 

 

 

 

 

 

 

 

 

Commercial & industrial

 

$

59,367

 

$

59,630

 

$

7,415

Real estate

 

 

12,811

 

 

12,862

 

 

327

Consumer and other

 

 

284

 

 

279

 

 

32

Total

 

$

72,462

 

$

72,771

 

$

7,774

 

 

 

 

 

 

 

 

 

 

 

 

 

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 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

 

$

932,888

 

$

50,276

 

$

2,613

 

$

43,449

 

$

37,489

 

$

 -

   

$

 -

 

$

1,066,715

Owner Occupied Commercial Real Estate

 

 

300,558

 

 

2,678

 

 

8,426

 

 

500

 

 

 -

 

 

 -

 

 

 -

 

 

312,162

Commercial Real Estate

 

 

698,303

 

 

53,421

 

 

44,917

 

 

9,484

 

 

202

 

 

 -

 

 

 -

 

 

806,327

Construction & Land Development

 

 

126,318

 

 

12,688

 

 

 -

 

 

4,379

 

 

3,137

 

 

 -

 

 

 -

 

 

146,522

Residential Mortgage

 

 

127,082

 

 

6,734

 

 

 -

 

 

2,772

 

 

1,507

 

 

 -

 

 

 -

 

 

138,095

Other Consumer

 

 

15,344

 

 

 1

 

 

 -

 

 

21

 

 

52

 

 

 -

 

 

 -

 

 

15,418

Total originated loans

 

$

2,200,493

 

$

125,798

 

$

55,956

 

$

60,605

 

$

42,387

 

$

 -

 

$

 -

 

$

2,485,239

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial & Industrial

 

$

41,279

 

$

6,755

 

$

12,864

 

$

9,191

 

$

8,707

 

$

 -

   

$

3,339

 

$

82,135

Owner Occupied Commercial Real Estate

 

 

74,781

 

 

10,005

 

 

 -

 

 

4,533

 

 

2,634

 

 

 -

 

 

4,283

 

 

96,236

Commercial Real Estate

 

 

195,202

 

 

39,539

 

 

17,224

 

 

 -

 

 

127

 

 

 -

 

 

10,323

 

 

262,415

Construction & Land Development

 

 

18,870

 

 

24,004

 

 

2,955

 

 

1,381

 

 

107

 

 

 -

 

 

17

 

 

47,334

Residential Mortgage

 

 

92,668

 

 

1,032

 

 

644

 

 

159

 

 

37

 

 

 -

 

 

2,454

 

 

96,994

Other Consumer

 

 

1,196

 

 

 -

 

 

 -

 

 

 -

 

 

212

 

 

 -

 

 

 -

 

 

1,408

Total acquired loans

 

$

423,996

 

$

81,335

 

$

33,687

 

$

15,264

 

$

11,824

 

$

 -

 

$

20,416

 

$

586,522

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loans

 

$

2,624,489

 

$

207,133

 

$

89,643

 

$

75,869

 

$

54,211

 

$

 -

 

$

20,416

 

$

3,071,761

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

September 30, 2017

 

September 30, 2016

 

 

Number of Contracts

 

Pre-Modification
Outstanding
Recorded
Investment

 

Recorded Investment as of

September 30, 2017

 

Number of
Contracts

 

Pre-Modification
Outstanding
Recorded
Investment

 

Recorded Investment as of

September 30, 2016

 

 

(Dollars in thousands)

 

    

 

    

 

 

    

 

 

  

 

    

 

 

    

 

 

Commercial & industrial

 

 3

 

$

2,526

 

$

2,468

 

 3

 

$

8,883

 

$

8,592

Owner occupied commercial real estate

 

 3

 

 

5,501

 

 

5,448

 

 -

 

 

 -

 

 

 -

Construction, land & land development

 

 2

 

 

831

 

 

814

 

 -

 

 

 -

 

 

 -

Consumer and other

 

 1

 

 

208

 

 

208

 

 -

 

 

 -

 

 

 -

Total

 

 9

 

$

9,066

 

$

8,938

 

 3

 

$

8,883

 

$

8,592