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Allowance for Loan and Lease Losses and Reserve for Unfunded Commitments (Tables)

9 Months Ended

Sep. 30, 2019

Summary of Allowance for Loan and Lease Losses and Corresponding Loan and Lease Balances

The following tables summarize the balance and activity within the allowance for loan and lease losses, the components of the allowance for loan and lease losses in terms of loans and leases individually and collectively evaluated for impairment, and corresponding loan and lease balances by type for the three and nine months ended September 30, 2019 and 2018 are as follows:

September 30, 2019	Commercial Real Estate			Residential Real Estate			Construction, Land Development, and Other Land		Commercial and Industrial			Installment and Other			Lease Financing Receivables			Total
Allowance for loan and lease losses
Three months ended
Beginning balance	$	8,934		$	2,171		$	691	$	17,126		$	67		$	2,143		$	31,132
Provisions		1,075			74			125		4,198			(12	)		471			5,931
Charge-offs		(1,459	)		—			—		(3,561	)		(1	)		(665	)		(5,686	)
Recoveries		3			6			—		20			1			178			208
Ending balance	$	8,553		$	2,251		$	816	$	17,783		$	55		$	2,127		$	31,585

Nine months ended
Beginning balance	$	7,540		$	1,751		$	466	$	12,932		$	49		$	2,463		$	25,201
Provisions		4,212			230			350		10,550			10			969			16,321
Charge-offs		(3,628	)		(9	)		—		(5,740	)		(5	)		(1,932	)		(11,314	)
Recoveries		429			279			—		41			1			627			1,377
Ending balance	$	8,553		$	2,251		$	816	$	17,783		$	55		$	2,127		$	31,585
Ending balance:
Individually evaluated for impairment	$	2,728		$	39		$	—	$	6,795		$	—		$	—		$	9,562
Collectively evaluated for impairment		4,458			1,612			802		10,169			53			2,127			19,221
Loans acquired with deteriorated credit quality		1,367			600			14		819			2			—			2,802
Total allowance for loan and lease losses	$	8,553		$	2,251		$	816	$	17,783		$	55		$	2,127		$	31,585

September 30, 2019	Commercial Real Estate		Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial		Installment and Other		Lease Financing Receivables		Total
Loans and leases ending balance:
Individually evaluated for impairment	$	24,071	$	2,374	$	—	$	26,731	$	—	$	—	$	53,176
Collectively evaluated for impairment		1,139,782		637,320		276,437		1,257,082		9,087		183,184		3,502,892
Loans acquired with deteriorated credit quality		142,435		109,409		4,562		18,349		267		—		275,022
Total loans and leases	$	1,306,288	$	749,103	$	280,999	$	1,302,162	$	9,354	$	183,184	$	3,831,090

September 30, 2018	Commercial Real Estate			Residential Real Estate		Construction, Land Development, and Other Land			Commercial and Industrial			Installment and Other			Lease Financing Receivables			Total
Allowance for loan and lease losses
Three months ended
Beginning balance	$	6,453		$	1,648	$	332		$	8,369		$	30		$	2,855		$	19,687
Provisions		1,705			29		58			3,579			12			459			5,842
Charge-offs		(736	)		—		—			(858	)		(4	)		(823	)		(2,421	)
Recoveries		—			—		—			75			—			241			316
Ending balance	$	7,422		$	1,677	$	390		$	11,165		$	38		$	2,732		$	23,424

Nine months ended
Beginning balance	$	4,794		$	1,638	$	222		$	7,418		$	41		$	2,593		$	16,706
Provisions		3,975			39		586			8,959			33			1,321			14,913
Charge-offs		(1,347	)		—		(418	)		(5,539	)		(36	)		(1,888	)		(9,228	)
Recoveries		—			—		—			327			—			706			1,033
Ending balance	$	7,422		$	1,677	$	390		$	11,165		$	38		$	2,732		$	23,424
Ending balance:
Individually evaluated for impairment	$	2,294		$	70	$	—		$	4,044		$	14		$	—		$	6,422
Collectively evaluated for impairment		3,413			1,150		390			6,301			21			2,732			14,007
Loans acquired with deteriorated credit quality		1,715			457		—			820			3			—			2,995
Total allowance for loan and lease losses	$	7,422		$	1,677	$	390		$	11,165		$	38		$	2,732		$	23,424

September 30, 2018	Commercial Real Estate		Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial		Installment and Other		Lease Financing Receivables		Total
Loans and leases ending balance:
Individually evaluated for impairment	$	13,612	$	1,941	$	—	$	19,962	$	14	$	—	$	35,529
Collectively evaluated for impairment		1,104,484		582,292		177,502		1,061,048		11,722		189,057		3,126,105
Loans acquired with deteriorated credit quality		154,108		120,963		4,203		14,436		458		—		294,168
Total loans and leases	$	1,272,204	$	705,196	$	181,705	$	1,095,446	$	12,194	$	189,057	$	3,455,802

Summary of Recorded Investment, Unpaid Principal Balance, and Related Allowance for Loans and Leases Considered Impaired

The following tables summarize the recorded investment, unpaid principal balance, and related allowance for loans and leases considered impaired as of September 30, 2019 and December 31, 2018, which excludes acquired impaired loans:

September 30, 2019	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded
Commercial real estate	$	15,636	$	16,653	$	—
Residential real estate		2,246		2,356		—
Commercial and industrial		9,557		10,510		—
With an allowance recorded
Commercial real estate		8,435		9,246		2,728
Residential real estate		128		146		39
Commercial and industrial		17,174		18,353		6,795
Total impaired loans	$	53,176	$	57,264	$	9,562

December 31, 2018	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance recorded
Commercial real estate	$	6,110	$	7,693	$	—
Residential real estate		1,886		1,858		—
Commercial and industrial		11,193		13,961		—
With an allowance recorded
Commercial real estate		5,873		6,313		2,191
Residential real estate		251		253		61
Commercial and industrial		10,601		11,153		4,397
Total impaired loans	$	35,914	$	41,231	$	6,649

Summary of Average Recorded Investment and Interest Income Recognized for Loans and Leases Considered Impaired

The following tables summarize the average recorded investment and interest income recognized for loans and leases considered impaired, which excludes acquired impaired loans, for the nine months ended as follows:

September 30, 2019	Average Recorded Investment		Interest Income Recognized
With no related allowance recorded
Commercial real estate	$	9,379	$	761
Residential real estate		1,914		60
Commercial and industrial		11,889		482
With an allowance recorded
Commercial real estate		8,238		479
Residential real estate		207		7
Commercial and industrial		13,543		668
Total impaired loans	$	45,170	$	2,457

September 30, 2018	Average Recorded Investment		Interest Income Recognized
With no related allowance recorded
Commercial real estate	$	9,441	$	232
Residential real estate		1,910		24
Construction, land development and other land		—		15
Commercial and industrial		8,018		194
With an allowance recorded
Commercial real estate		5,022		16
Residential real estate		330		3
Commercial and industrial		9,047		484
Installment and other		14		9
Total impaired loans	$	33,782	$	977

Summary of Risk Rating Categories of Loans and Leases Considered for Inclusion in Allowance for Loan and Lease Losses Calculation

The following tables summarize the risk rating categories of the loans and leases considered for inclusion in the allowance for loan and lease losses calculation, excluding acquired impaired loans, as of September 30, 2019 and December 31, 2018:

September 30, 2019	Commercial Real Estate		Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial		Installment and Other		Lease Financing Receivables		Total
Pass	$	1,008,797	$	608,106	$	254,745	$	1,034,730	$	8,916	$	179,954	$	3,095,248
Watch		103,761		10,986		14,544		183,458		170		16		312,935
Special Mention		24,998		17,975		7,148		24,289		—		2,097		76,507
Substandard		26,297		2,627		—		41,336		1		595		70,856
Doubtful		—		—		—		—		—		522		522
Loss		—		—		—		—		—		—		—
Total	$	1,163,853	$	639,694	$	276,437	$	1,283,813	$	9,087	$	183,184	$	3,556,068

December 31, 2018	Commercial Real Estate		Residential Real Estate		Construction, Land Development, and Other Land		Commercial and Industrial		Installment and Other		Lease Financing Receivables		Total
Pass	$	1,009,041	$	553,665	$	147,123	$	962,291	$	9,997	$	188,314	$	2,870,431
Watch		76,276		29,522		31,376		112,996		3,302		80		253,552
Special Mention		17,602		5,656		3,071		34,314		—		1,794		62,437
Substandard		11,880		2,125		—		22,579		15		818		37,417
Doubtful		—		—		—		—		—		247		247
Loss		—		—		—		—		—		—		—
Total	$	1,114,799	$	590,968	$	181,570	$	1,132,180	$	13,314	$	191,253	$	3,224,084

Summary of Contractual Delinquency Information

The following tables summarize contractual delinquency information for acquired non-impaired and originated loans and leases by category at September 30, 2019 and December 31, 2018:

September 30, 2019	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days and Accruing		Non- accrual		Total Past Due		Current		Total
Commercial real estate	$	6,140	$	2,449	$	—	$	12,186	$	20,775	$	1,143,078	$	1,163,853
Residential real estate		632		501		—		2,092		3,225		636,469		639,694
Construction, land development, and other land		—		3,203		—		—		3,203		273,234		276,437
Commercial and industrial		9,136		1,018		—		24,592		34,746		1,249,067		1,283,813
Installment and other		12		—		—		1		13		9,074		9,087
Lease financing receivables		651		460		—		657		1,768		181,416		183,184
Total	$	16,571	$	7,631	$	—	$	39,528	$	63,730	$	3,492,338	$	3,556,068

December 31, 2018	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days and Accruing		Non- accrual		Total Past Due		Current		Total
Commercial real estate	$	6,659	$	2,145	$	—	$	9,484	$	18,288	$	1,096,511	$	1,114,799
Residential real estate		4,488		711		—		1,815		7,014		583,954		590,968
Construction, land development, and other land		—		—		—		—		—		181,570		181,570
Commercial and industrial		5,829		1,376		—		13,932		21,137		1,111,043		1,132,180
Installment and other		1,932		4		—		12		1,948		11,366		13,314
Lease financing receivables		789		530		—		591		1,910		189,343		191,253
Total	$	19,697	$	4,766	$	—	$	25,834	$	50,297	$	3,173,787	$	3,224,084

Summary of TDR's by Loan Category

The tables below present TDRs by loan category as of September 30, 2019 and December 31, 2018:

September 30, 2019	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserves
Accruing:
Commercial real estate		5	$	1,476	$	1,476	$	—	$	179
Commercial and industrial		3		528		528		—		120
Residential real estate		2		200		200		—		—
Total accruing		10		2,204		2,204		—		299
Non-accruing:
Commercial real estate		8		3,650		3,473		177		553
Commercial and industrial		10		7,493		5,622		1,871		1,268
Residential real estate		1		113		113		—		—
Total non-accruing		19		11,256		9,208		2,048		1,821
Total troubled debt restructurings		29	$	13,460	$	11,412	$	2,048	$	2,120

December 31, 2018	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Charge-offs		Specific Reserves
Accruing:
Commercial real estate		4	$	1,508	$	1,508	$	—	$	113
Commercial and industrial		2		191		191		—		100
Residential real estate		1		114		114		—		—
Total accruing		7		1,813		1,813		—		213
Non-accruing:
Commercial real estate		9		2,512		2,471		41		743
Commercial and industrial		6		6,714		4,843		1,871		1,290
Total non-accruing		15		9,226		7,314		1,912		2,033
Total troubled debt restructurings		22	$	11,039	$	9,127	$	1,912	$	2,246

Summary of Loans Modified as Troubled Debt Restructurings

Loans modified as troubled debt restructurings that occurred during the three and nine months ended September 30, 2019 and 2018:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
Accruing:
Beginning balance	$	1,529		$	1,238		$	1,813		$	1,061
Additions		—			—			113			37
Net payments		(242	)		(8	)		(291	)		(56	)
Net transfers from (to) non-accrual		917			—			569			188
Ending balance		2,204			1,230			2,204			1,230
Non-accruing:
Beginning balance		7,834			5,776			7,314			1,570
Additions		2,893			1,667			4,321			7,123
Net payments		(540	)		(84	)		(1,266	)		(1,002	)
Charge-offs		(62	)		—			(592	)		(144	)
Net transfers from (to) accrual		(917	)		—			(569	)		(188	)
Ending balance		9,208			7,359			9,208			7,359
Total troubled debt restructurings		11,412			8,589			11,412			8,589