XML 43 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
LOANS (Tables)
 6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Loan portfolio classified by type and class
The loan portfolio classified by type and class as of the dates set forth were as follows:
 
 
June 30, 2018
 
 
Originated
 
Acquired
 
Total
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Commercial & industrial
 
$
1,034,821

 
$
35,599

 
$
1,070,420

Mortgage warehouse
 
244,041

 
—

 
244,041

Real estate:
 
 
 
 
 
 
Owner occupied commercial real estate
 
373,692

 
62,461

 
436,153

Commercial real estate
 
949,099

 
142,937

 
1,092,036

Construction, land & land development
 
105,926

 
24,607

 
130,533

Residential mortgage
 
158,531

 
76,661

 
235,192

Consumer and other
 
12,854

 
879

 
13,733

Total loans held for investment
 
$
2,878,964

 
$
343,144

 
$
3,222,108

 
 
 
 
 
 
 
Total loans held for sale
 
$
4,992

 
$
—

 
$
4,992

 
 
 
December 31, 2017
 
 
Originated
 
Acquired
 
Total
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Commercial & industrial
 
$
1,002,797

 
$
63,469

 
$
1,066,266

Mortgage warehouse
 
220,230

 
—

 
220,230

Real estate:
 
 
 
 
 
 
Owner occupied commercial real estate
 
327,906

 
87,324

 
415,230

Commercial real estate
 
823,361

 
244,418

 
1,067,779

Construction, land & land development
 
136,998

 
27,954

 
164,952

Residential mortgage
 
149,021

 
89,559

 
238,580

Consumer and other
 
16,178

 
1,270

 
17,448

Total loans held for investment
 
$
2,676,491

 
$
513,994

 
$
3,190,485

 
 
 
 
 
 
 
Total loans held for sale
 
$
7,156

 
$
—

 
$
7,156
Loan maturities and rate sensitivity
Loan maturities and rate sensitivity of the loans held for investment, as of the date indicated, were as follows:
 
 
June 30, 2018
 
 
Due in
One Year
or Less
 
Due After
One Year
Through
Five Years
 
Due After
Five Years
 
Total
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Commercial & industrial
 
$
390,500

 
$
620,518

 
$
59,402

 
$
1,070,420

Mortgage warehouse
 
126,702

 
117,339

 
—

 
244,041

Real estate:
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
 
20,561

 
169,800

 
245,792

 
436,153

Commercial real estate
 
164,160

 
669,033

 
258,843

 
1,092,036

Construction, land & land development
 
41,620

 
56,203

 
32,710

 
130,533

Residential mortgage
 
18,921

 
47,200

 
169,071

 
235,192

Consumer and Other
 
3,854

 
2,262

 
7,617

 
13,733

Total loans held for investment
 
$
766,318

 
$
1,682,355

 
$
773,435

 
$
3,222,108

 
 
 
 
 
 
 
 
 
Fixed rate
 
$
141,480

 
$
429,239

 
$
103,806

 
$
674,525

Adjustable rate(1)
 
624,838

 
1,253,116

 
669,629

 
2,547,583

Total loans held for investment
 
$
766,318

 
$
1,682,355

 
$
773,435

 
$
3,222,108


(1) 
Includes all adjustable rate loans irrespective of the time period to next interest rate reset.
Related party loans
An analysis of activity with respect to these related-party loans for the six months ended June 30, 2018 and the year ended December 31, 2017 was as follows:
 
 
June 30, 2018
 
December 31, 2017
 
 
 
 
 
 
 
(Dollars in thousands)
Beginning balance
 
$
—

 
$
5,813

Advances
 
—

 
—

Repayments
 
—

 
(5,813
)
Ending Balance
 
$
—

 
$
—
Outstanding principal and investment in acquired loans
The outstanding principal balance and recorded investment in the total acquired loans from all completed acquisitions, as of the dates set forth, was as follows:
 
 
June 30, 2018
 
December 31, 2017
 
 
 
 
 
 
 
(Dollars in thousands)
Credit impaired acquired loans:
 
 
 
 
Outstanding principal balance
 
$
11,378

 
$
18,498

Recorded investment
 
10,717

 
15,965

Discount, net
 
$
661

 
$
2,533

 
 
 
 
 
Other acquired loans:
 
 
 
 
Outstanding principal balance
 
333,433

 
499,939

Deferred fees, net
 
(40
)
 
(72
)
Recorded investment
 
332,427

 
498,029

Discount, net
 
$
966

 
$
1,838

 
 
 
 
 
Total acquired loans:
 
 
 
 
Outstanding principal balance
 
344,811

 
518,437

Deferred fees, net
 
(40
)
 
(72
)
Recorded investment
 
343,144

 
513,994

Discount, net
 
$
1,627

 
$
4,371
Changes in the accretable yield for credit impaired acquired loans
Changes in the accretable yield for credit impaired acquired loans for the periods indicated, were as follows:
 
 
Six Months Ended June 30,
 
 
2018
 
2017
 
 
 
 
 
 
 
(Dollars in thousands)
Balance at beginning of period
 
$
1,125

 
$
2,544

Reclassifications from non-accretable discount
 
989

 
327

Accretion
 
(1,687
)
 
(695
)
Balance at period end
 
$
427

 
$
2,176
The age analysis of loans, segregated by class
The age analysis of loans, segregated by class, as of the dates set forth was as follows:
 
 
June 30, 2018
 
 
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
 
$
4,396

 
$
—

 
$
4,396

 
$
41,033

 
$
—

 
$
989,392

 
$
1,034,821

Mortgage warehouse
 
—

 
—

 
—

 
—

 
—

 
244,041

 
244,041

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
 
—

 
—

 
—

 
5,225

 
—

 
368,467

 
373,692

Commercial real estate
 
14,800

 
—

 
14,800

 
175

 
—

 
934,124

 
949,099

Construction, land & land development
 
—

 
—

 
—

 
107

 
—

 
105,819

 
105,926

Residential mortgage
 
968

 
59

 
1,027

 
3,859

 
—

 
153,645

 
158,531

Consumer and other
 
157

 
26

 
183

 
45

 
—

 
12,626

 
12,854

Total originated loans
 
$
20,321

 
$
85

 
$
20,406

 
$
50,444

 
$
—

 
$
2,808,114

 
$
2,878,964

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquired Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial & industrial
 
$
4,310

 
$
438

 
$
4,748

 
$
1,746

 
$
1,730

 
$
27,375

 
$
35,599

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
 
1,837

 
—

 
1,837

 
1,727

 
3,394

 
55,503

 
62,461

Commercial real estate
 
8,290

 
268

 
8,558

 
105

 
3,591

 
130,683

 
142,937

Construction, land & land development
 
—

 
—

 
—

 
700

 
—

 
23,907

 
24,607

Residential mortgage
 
1,144

 
97

 
1,241

 
104

 
2,002

 
73,314

 
76,661

Consumer and other
 
—

 
19

 
19

 
3

 
—

 
857

 
879

Total acquired loans
 
$
15,581

 
$
822

 
$
16,403

 
$
4,385

 
$
10,717

 
$
311,639

 
$
343,144

Total loans held for investment
 
$
35,902

 
$
907

 
$
36,809

 
$
54,829

 
$
10,717

 
$
3,119,753

 
$
3,222,108

 
 
December 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
 
$
15,917

 
$
242

 
$
16,159

 
$
45,413

 
$
—

 
$
941,225

 
$
1,002,797

Mortgage warehouse
 
—

 
—

 
—

 
—

 
—

 
220,230

 
220,230

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
 
1,109

 
—

 
1,109

 
—

 
—

 
326,797

 
327,906

Commercial real estate
 
16,250

 
—

 
16,250

 
—

 
—

 
807,111

 
823,361

Construction, land & land development
 
2,255

 
133

 
2,388

 
3,287

 
—

 
131,323

 
136,998

Residential mortgage
 
1,311

 
—

 
1,311

 
3,111

 
—

 
144,599

 
149,021

Consumer and other
 
127

 
—

 
127

 
49

 
—

 
16,002

 
16,178

Total originated loans
 
$
36,969

 
$
375

 
$
37,344

 
$
51,860

 
$
—

 
$
2,587,287

 
$
2,676,491

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquired Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial & industrial
 
$
—

 
$
—

 
$
—

 
$
1,901

 
$
3,237

 
$
58,331

 
$
63,469

Real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied commercial real estate
 
233

 
—

 
233

 
1,886

 
4,062

 
81,143

 
87,324

Commercial real estate
 
1,885

 
—

 
1,885

 
312

 
6,437

 
235,784

 
244,418

Construction, land & land development
 
204

 
—

 
204

 
714

 
—

 
27,036

 
27,954

Residential mortgage
 
804

 
—

 
804

 
454

 
2,229

 
86,072

 
89,559

Consumer and other
 
—

 
—

 
—

 
211

 
—

 
1,059

 
1,270

Total acquired loans
 
3,126

 
—

 
3,126

 
5,478

 
15,965

 
489,425

 
513,994

Total loans held for investment
 
$
40,095

 
$
375

 
$
40,470

 
$
57,338

 
$
15,965

 
$
3,076,712

 
$
3,190,485
Information related to impaired, nonaccrual and restructured loans and accruing loans past due
The following is a summary of information related to impaired, nonaccrual and restructured loans and accruing loans past due 90 days or more as of the dates set forth:
 
 
June 30, 2018
 
 
Originated
 
Acquired
 
Total
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Nonaccrual loans
 
$
49,543

 
$
3,342

 
$
52,885

Accruing loans past due 90 days or more
 
85

 
822

 
907

Restructured loans - nonaccrual
 
901

 
1,043

 
1,944

Restructured loans - accruing
 
8

 
3,047

 
3,055

Total nonperforming loans
 
$
50,537

 
$
8,254

 
$
58,791

 
 
 
December 31, 2017
 
 
Originated
 
Acquired
 
Total
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Nonaccrual loans
 
$
43,797

 
$
4,095

 
$
47,892

Accruing loans past due 90 days or more
 
375

 
—

 
375

Restructured loans - nonaccrual
 
8,063

 
1,383

 
9,446

Restructured loans - accruing
 
4,255

 
8,838

 
13,093

Total nonperforming loans
 
$
56,490

 
$
14,316

 
$
70,806
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, 2018
 
June 30, 2017
 
 
Average Recorded Investment
 
Interest Income Recognized
 
Average Recorded Investment
 
Interest Income Recognized
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Originated Loans
 
 
 
 
 
 
 
 
Commercial & industrial
 
$
49,277

 
$
55

 
$
40,013

 
$
3

Owner occupied commercial real estate
 
2,318

 
—

 
—

 
—

Commercial real estate
 
2,186

 
—

 
1,993

 
—

Construction, land & land development
 
2,432

 
—

 
—

 
—

Residential mortgage
 
3,619

 
—

 
2,251

 
20

Consumer and other
 
47

 
—

 
124

 
1

Total originated loans
 
$
59,879

 
$
55

 
$
44,381

 
$
24

 
 
 
 
 
 
 
 
 
Acquired Loans
 
 
 
 
 
 
 
 
Commercial & industrial
 
$
8,956

 
$
119

 
$
19,949

 
$
133

Owner occupied commercial real estate
 
1,733

 
—

 
8,141

 
—

Commercial real estate
 
107

 
—

 
1,266

 
—

Construction, land & land development
 
703

 
—

 
1,440

 
15

Residential mortgage
 
45

 
—

 
1,052

 
9

Consumer and other
 
207

 
—

 
216

 
—

Total acquired loans
 
$
11,751

 
$
119

 
$
32,064

 
$
157

Total
 
$
71,630

 
$
174

 
$
76,445

 
$
181


 
 
Six Months Ended
 
 
June 30, 2018
 
June 30, 2017
 
 
Average Recorded Investment
 
Interest Income Recognized
 
Average Recorded Investment
 
Interest Income Recognized
 
 
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Originated Loans
 
 
 
 
 
 
 
 
Commercial & industrial
 
$
50,893

 
$
115

 
$
38,924

 
$
11

Owner occupied commercial real estate
 
1,159

 
—

 
—

 
—

Commercial real estate
 
1,186

 
—

 
3,752

 
—

Construction, land & land development
 
2,918

 
—

 
—

 
—

Residential mortgage
 
3,358

 
—

 
2,455

 
26

Consumer and other
 
51

 
—

 
167

 
2

Total originated loans
 
$
59,565

 
$
115

 
$
45,298

 
$
39

 
 
 
 
 
 
 
 
 
Acquired Loans
 
 
 
 
 
 
 
 
Commercial & industrial
 
$
9,940

 
$
242

 
$
24,636

 
$
272

Owner occupied commercial real estate
 
1,762

 
—

 
8,507

 
—

Commercial real estate
 
111

 
3

 
1,619

 
—

Construction, land & land development
 
707

 
—

 
1,268

 
15

Residential mortgage
 
176

 
—

 
1,244

 
9

Consumer and other
 
210

 
—

 
145

 
—

Total acquired loans
 
$
12,906

 
$
245

 
$
37,419

 
$
296

Total
 
$
72,471

 
$
360

 
$
82,717

 
$
335
Impaired loans, individually evaluated for impairment
The following tables present additional information regarding impaired loans that were individually evaluated for impairment as of the dates indicated:
 
 
June 30, 2018
 
 
Recorded Investment
 
Unpaid Principal Balance
 
Related Allowance
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Originated Loans
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
Commercial & industrial
 
$
16,215

 
$
16,423

 
$
—

Owner occupied commercial real estate
 
1,731

 
1,738

 


Commercial real estate
 
175

 
175

 
—

Construction, land & land development
 
107

 
108

 
—

Residential mortgage
 
3,859

 
3,859

 
—

Total with no related allowance recorded:
 
$
22,087

 
$
22,303

 
$
—

 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
            
Commercial & industrial
 
$
24,826

 
$
24,889

 
$
9,652

Owner occupied commercial real estate
 
3,494

 
3,494

 
531

Consumer and other
 
45

 
45

 
30

Total with an allowance recorded:
 
$
28,365

 
$
28,428

 
$
10,213

Total originated loans
 
$
50,452

 
$
50,731

 
$
10,213

 
 
 
 
 
 
 
Acquired Loans
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
Commercial & industrial
 
$
4,594

 
$
4,594

 
$
—

Owner occupied commercial real estate
 
1,043

 
1,053

 
—

Commercial real estate
 
105

 
105

 
—

Construction, land & land development
 
700

 
702

 
—

Residential mortgage
 
104

 
105

 
—

Consumer and other
 
200

 
194

 
—

Total with no related allowance recorded:
 
$
6,746

 
$
6,753

 
$
—

 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
            
Owner occupied commercial real estate
 
$
684

 
$
699

 
$
153

Consumer and other
 
2

 
3

 
2

Total with an allowance recorded:
 
$
686

 
$
702

 
$
155

Total acquired loans
 
$
7,432

 
$
7,455

 
$
155

 
 
 
 
 
 
 
Total:
 
 
 
 
 
 
Commercial & industrial
 
$
45,635

 
$
45,906

 
$
9,652

Real estate
 
12,002

 
12,038

 
684

Consumer and other
 
247

 
242

 
32

Total
 
$
57,884

 
$
58,186

 
$
10,368


 
 
December 31, 2017
 
 
Recorded Investment
 
Unpaid Principal Balance
 
Related Allowance
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
Originated Loans
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
Commercial & industrial
 
$
32,794

 
$
32,974

 
$
—

Construction, land & land development
 
111

 
111

 
—

Residential mortgage
 
3,111

 
3,111

 
—

Consumer and other
 
12

 
12

 
—

Total with no related allowance recorded:
 
$
36,028

 
$
36,208

 
$
—

 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
Commercial & industrial
 
$
16,862

 
$
16,943

 
$
5,409

Construction, land & land development
 
3,176

 
3,176

 
224

Consumer and other
 
49

 
49

 
30

Total with an allowance recorded:
 
$
20,087

 
$
20,168

 
$
5,663

Total originated loans
 
$
56,115

 
$
56,376

 
$
5,663

 
 
 
 
 
 
 
Acquired Loans
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
Commercial & industrial
 
$
10,738

 
$
10,738

 
$
—

Owner occupied commercial real estate
 
1,886

 
1,910

 
—

Commercial real estate
 
312

 
312

 
—

Construction, land & land development
 
714

 
716

 
—

Residential mortgage
 
454

 
455

 
—

Consumer and other
 
208

 
202

 
—

Total with no related allowance recorded:
 
$
14,312

 
$
14,333

 
$
—

 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
            
Consumer and other
 
$
4

 
$
4

 
$
4

Total with an allowance recorded:
 
$
4

 
$
4

 
$
4

Total acquired loans
 
$
14,316

 
$
14,337

 
$
4

 
 
 
 
 
 
 
Total:
 
 
 
 
 
 
Commercial & Industrial
 
$
60,394

 
$
60,655

 
$
5,409

Real Estate
 
9,764

 
9,791

 
224

Consumer and other
 
273

 
267

 
34

Total
 
$
70,431

 
$
70,713

 
$
5,667
The credit risk profile of loans aggregated by class
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, 2018
 
 
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
 
$
895,299

 
$
65,009

 
$
22,153

 
$
11,327

 
$
41,033

 
$
—

 
$
—

 
$
1,034,821

Mortgage Warehouse
 
244,041

 
—

 
—

 
—

 
—

 
—

 
—

 
244,041

Owner Occupied Commercial Real Estate
 
342,441

 
18,036

 
4,649

 
3,341

 
5,225

 
—

 
—

 
373,692

Commercial Real Estate
 
799,637

 
77,763

 
23,652

 
47,872

 
175

 
—

 
—

 
949,099

Construction & Land Development
 
94,902

 
3,686

 
1,457

 
5,774

 
107

 
—

 
—

 
105,926

Residential Mortgage
 
153,588

 
14

 
59

 
1,011

 
3,859

 
—

 
—

 
158,531

Other Consumer
 
12,783

 
—

 
—

 
26

 
45

 
—

 
—

 
12,854

Total originated loans
 
$
2,542,691

 
$
164,508

 
$
51,970

 
$
69,351

 
$
50,444

 
$
—

 
$
—

 
$
2,878,964

Acquired Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial & Industrial
 
$
17,645

 
$
6,596

 
$
7,750

 
$
132

 
$
1,746

 
$
—

 
$
1,730

 
$
35,599

Owner Occupied Commercial Real Estate
 
47,744

 
7,314

 
2,003

 
279

 
1,727

 
—

 
3,394

 
62,461

Commercial Real Estate
 
107,919

 
4,232

 
26,822

 
268

 
105

 
—

 
3,591

 
142,937

Construction & Land Development
 
11,401

 
11,951

 
—

 
555

 
700

 
—

 
—

 
24,607

Residential Mortgage
 
73,597

 
202

 
197

 
559

 
104

 
—

 
2,002

 
76,661

Other Consumer
 
657

 
—

 
200

 
19

 
3

 
—

 
—

 
879

Total acquired loans
 
$
258,963

 
$
30,295

 
$
36,972

 
$
1,812

 
$
4,385

 
$
—

 
$
10,717

 
$
343,144

Total loans
 
$
2,801,654

 
$
194,803

 
$
88,942

 
$
71,163

 
$
54,829

 
$
—

 
$
10,717

 
$
3,222,108

 
 
 
December 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
 
$
889,709

 
$
22,648

 
$
5,605

 
$
39,422

 
$
45,413

 
$
—

 
$
—

 
$
1,002,797

Mortgage Warehouse
 
220,230

 
—

 
—

 
—

 
—

 
—

 
—

 
220,230

Owner Occupied Commercial Real Estate
 
314,497

 
3,096

 
7,658

 
2,655

 
—

 
—

 
—

 
327,906

Commercial Real Estate
 
681,691

 
45,149

 
85,431

 
11,090

 
—

 
—

 
—

 
823,361

Construction & Land Development
 
121,893

 
970

 
—

 
10,848

 
3,287

 
—

 
—

 
136,998

Residential Mortgage
 
138,239

 
6,529

 
—

 
1,142

 
3,111

 
—

 
—

 
149,021

Other Consumer
 
16,113

 
2

 
—

 
14

 
49

 
—

 
—

 
16,178

Total originated loans
 
$
2,382,372

 
$
78,394

 
$
98,694

 
$
65,171

 
$
51,860

 
$
—

 
$
—

 
$
2,676,491

Acquired Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial & Industrial
 
$
38,000

 
$
3,172

 
$
11,101

 
$
6,058

 
$
1,901

 
$
—

 
$
3,237

 
$
63,469

Owner Occupied Commercial Real Estate
 
72,592

 
8,499

 
—

 
285

 
1,886

 
—

 
4,062

 
87,324

Commercial Real Estate
 
173,765

 
43,775

 
20,129

 
—

 
312

 
—

 
6,437

 
244,418

Construction & Land Development
 
14,549

 
12,136

 
—

 
555

 
714

 
—

 
—

 
27,954

Residential Mortgage
 
85,461

 
1,023

 
202

 
190

 
454

 
—

 
2,229

 
89,559

Other Consumer
 
1,059

 
—

 
—

 
—

 
211

 
—

 
—

 
1,270

Total acquired loans
 
$
385,426

 
$
68,605

 
$
31,432

 
$
7,088

 
$
5,478

 
$
—

 
$
15,965

 
$
513,994

Total loans
 
$
2,767,798

 
$
146,999

 
$
130,126

 
$
72,259

 
$
57,338

 
$
—

 
$
15,965

 
$
3,190,485
Troubled debt restructurings
Troubled debt restructurings identified during the periods indicated were as follows:
 
 
Six Months Ended
 
 
June 30, 2018
 
June 30, 2017
 
 
Number of Contracts
 
Pre-Modification
Outstanding
Recorded
Investment
 
Recorded Investment
 
Number of
Contracts
 
Pre-Modification
Outstanding
Recorded
Investment
 
Recorded Investment
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(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