LOANS (Tables)

9 Months Ended

Sep. 30, 2017

Schedule of Accounts Notes Loans and Financial Receivables

Loans are stated at unpaid balances, net of unearned income and deferred loan fees. Balances within the major loans receivable categories are presented in the following table, excluding purchased loans:



(dollars in thousands)	September 30, 2017		December 31, 2016
Commercial, financial and agricultural	$	1,307,209	$	967,138
Real estate – construction and development	550,189		363,045
Real estate – commercial and farmland	1,558,882		1,406,219
Real estate – residential	969,289		781,018
Consumer installment	183,314		96,915
Other	5,795		12,486
	$	4,574,678	$	3,626,821

Summary of Purchased Loans And Major Loan Categories

Purchased loans are shown below according to major loan type as of the end of the periods shown:



(dollars in thousands)	September 30, 2017		December 31, 2016
Commercial, financial and agricultural	$	80,895	$	96,537
Real estate – construction and development	68,583		81,368
Real estate – commercial and farmland	500,169		576,355
Real estate – residential	264,312		310,277
Consumer installment	3,167		4,654
	$	917,126	$	1,069,191

Rollforward of Acquired Loans

A rollforward of purchased loans for the nine months ended September 30, 2017 and 2016 is shown below:



(dollars in thousands)	September 30, 2017			September 30, 2016
Balance, January 1	$	1,069,191		$	909,083
Charge-offs, net of recoveries	(1,761		)	(3,122		)
Additions due to acquisitions	—			402,942
Accretion	9,023			12,926
Transfers to purchased other real estate owned	(4,294		)	(6,262		)
Payments received	(155,033		)	(186,276		)
Other	—			90
Ending balance	$	917,126		$	1,129,381

Schedule of Changes in Accretable Discounts Related Acquired Loans

The following is a summary of changes in the accretable discounts of purchased loans during the nine months ended September 30, 2017 and 2016:



(dollars in thousands)	September 30, 2017			September 30, 2016
Balance, January 1	$	30,624		$	33,848
Additions due to acquisitions	—			9,991
Accretion	(9,023		)	(12,926		)
Accretable discounts removed due to charge-offs	(15		)	(161		)
Transfers between non-accretable and accretable discounts, net	923			2,544
Ending balance	$	22,509		$	33,296

Summary of Financial Receivable Nonaccrual Basis

The following table presents an analysis of purchased loans accounted for on a nonaccrual basis:



(dollars in thousands)	September 30, 2017		December 31, 2016
Commercial, financial and agricultural	$	2,086	$	692
Real estate – construction and development	3,255		2,611
Real estate – commercial and farmland	6,974		10,174
Real estate – residential	6,646		9,476
Consumer installment	88		13
	$	19,049	$	22,966

The following table presents an analysis of loans accounted for on a nonaccrual basis, excluding purchased loans:



(dollars in thousands)	September 30, 2017		December 31, 2016
Commercial, financial and agricultural	$	2,409	$	1,814
Real estate – construction and development	735		547
Real estate – commercial and farmland	5,705		8,757
Real estate – residential	5,984		6,401
Consumer installment	492		595
	$	15,325	$	18,114

Summary of Past Due Financial Receivables

The following table presents an analysis of past-due loans, excluding purchased past-due loans as of September 30, 2017 and December 31, 2016:



(dollars in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 or More Days Past Due		Total Loans Past Due		Current Loans		Total Loans		Loans 90 Days or More Past Due and Still Accruing
September 30, 2017
Commercial, financial and agricultural	$	5,388	$	2,488	$	5,025	$	12,901	$	1,294,308	$	1,307,209	$	2,941
Real estate – construction and development	341		52		517		910		549,279		550,189		—
Real estate – commercial and farmland	2,369		1,097		5,203		8,669		1,550,213		1,558,882		—
Real estate – residential	3,293		1,938		4,165		9,396		959,893		969,289		—
Consumer installment loans	1,034		408		338		1,780		181,534		183,314		—
Other	—		—		—		—		5,795		5,795		—
Total	$	12,425	$	5,983	$	15,248	$	33,656	$	4,541,022	$	4,574,678	$	2,941

December 31, 2016
Commercial, financial and agricultural	$	565	$	82	$	1,293	$	1,940	$	965,198	$	967,138	$	—
Real estate – construction and development	908		446		439		1,793		361,252		363,045		—
Real estate – commercial and farmland	6,329		1,711		6,945		14,985		1,391,234		1,406,219		—
Real estate – residential	6,354		1,282		5,302		12,938		768,080		781,018		—
Consumer installment loans	624		263		350		1,237		95,678		96,915		—
Other	—		—		—		—		12,486		12,486		—
Total	$	14,780	$	3,784	$	14,329	$	32,893	$	3,593,928	$	3,626,821	$	—

The following table presents an analysis of purchased past-due loans as of September 30, 2017 and December 31, 2016:



(dollars in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 or More Days Past Due		Total Loans Past Due		Current Loans		Total Loans		Loans 90 Days or More Past Due and Still Accruing
September 30, 2017
Commercial, financial and agricultural	$	2,674	$	2	$	288	$	2,964	$	77,931	$	80,895	$	—
Real estate – construction and development	1,221		935		1,713		3,869		64,714		68,583		—
Real estate – commercial and farmland	2,842		1,318		1,823		5,983		494,186		500,169		—
Real estate – residential	3,308		440		3,435		7,183		257,129		264,312		—
Consumer installment loans	1		4		43		48		3,119		3,167		—
Total	$	10,046	$	2,699	$	7,302	$	20,047	$	897,079	$	917,126	$	—

December 31, 2016
Commercial, financial and agricultural	$	113	$	18	$	593	$	724	$	95,813	$	96,537	$	—
Real estate – construction and development	161		11		2,518		2,690		78,678		81,368		—
Real estate – commercial and farmland	2,034		326		7,152		9,512		566,843		576,355		—
Real estate – residential	4,566		698		6,835		12,099		298,178		310,277		—
Consumer installment loans	22		—		13		35		4,619		4,654		—
Total	$	6,896	$	1,053	$	17,111	$	25,060	$	1,044,131	$	1,069,191	$	—

Summary of Impaired Financial Receivables

The following is a summary of information pertaining to purchased impaired loans:



	As of and for the Period Ended
(dollars in thousands)	September 30, 2017		December 31, 2016		September 30, 2016
Nonaccrual loans	$	19,049	$	22,966	$	23,827
Troubled debt restructurings not included above	20,205		23,543		21,117
Total impaired loans	$	39,254	$	46,509	$	44,944

Quarter-to-date interest income recognized on impaired loans	$	493	$	377	$	1,493
Year-to-date interest income recognized on impaired loans	$	1,246	$	2,755	$	2,378
Quarter-to-date foregone interest income on impaired loans	$	356	$	354	$	346
Year-to-date foregone interest income on impaired loans	$	958	$	1,637	$	1,283

The following table presents an analysis of information pertaining to purchased impaired loans as of September 30, 2017, December 31, 2016 and September 30, 2016:



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Nine Month Average Recorded Investment
September 30, 2017
Commercial, financial and agricultural	$	5,333	$	345	$	1,741	$	2,086	$	800	$	1,128	$	831
Real estate – construction and development	9,268		1,189		3,088		4,277		537		3,885		3,807
Real estate – commercial and farmland	16,492		1,516		11,766		13,282		1,140		13,658		16,063
Real estate – residential	22,462		7,224		12,297		19,521		762		20,088		21,308
Consumer installment loans	97		88		—		88		—		58		40
Total	$	53,652	$	10,362	$	28,892	$	39,254	$	3,239	$	38,817	$	42,049



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Twelve Month Average Recorded Investment
December 31, 2016
Commercial, financial and agricultural	$	5,031	$	370	$	322	$	692	$	—	$	783	$	2,206
Real estate – construction and development	24,566		493		3,477		3,970		153		3,888		4,279
Real estate – commercial and farmland	36,174		3,598		15,036		18,634		385		17,806		19,872
Real estate – residential	27,022		7,883		15,306		23,189		1,088		23,201		23,163
Consumer installment loans	37		24		—		24		—		51		96
Total	$	92,830	$	12,368	$	34,141	$	46,509	$	1,626	$	45,729	$	49,616



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Nine Month Average Recorded Investment
September 30, 2016
Commercial, financial and agricultural	$	5,097	$	648	$	225	$	873	$	—	$	838	$	2,251
Real estate – construction and development	24,253		296		3,509		3,805		184		3,946		4,075
Real estate – commercial and farmland	41,098		1,861		15,116		16,977		402		18,196		19,569
Real estate – residential	26,908		7,473		15,740		23,213		935		23,103		22,893
Consumer installment loans	98		76		—		76		—		80		105
Total	$	97,454	$	10,354	$	34,590	$	44,944	$	1,521	$	46,163	$	48,893

The following is a summary of information pertaining to impaired loans, excluding purchased loans:



	As of and for the Period Ended
(dollars in thousands)	September 30, 2017		December 31, 2016		September 30, 2016
Nonaccrual loans	$	15,325	$	18,114	$	16,570
Troubled debt restructurings not included above	12,452		14,209		14,013
Total impaired loans	$	27,777	$	32,323	$	30,583

Quarter-to-date interest income recognized on impaired loans	$	297	$	225	$	252
Year-to-date interest income recognized on impaired loans	$	857	$	1,033	$	808
Quarter-to-date foregone interest income on impaired loans	$	233	$	267	$	239
Year-to-date foregone interest income on impaired loans	$	753	$	977	$	710

The following table presents an analysis of information pertaining to impaired loans, excluding purchased loans as of September 30, 2017, December 31, 2016 and September 30, 2016:



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Nine Month Average Recorded Investment
September 30, 2017
Commercial, financial and agricultural	$	2,924	$	1,121	$	1,331	$	2,452	$	379	$	2,478	$	2,380
Real estate – construction and development	1,655		532		627		1,159		81		1,179		1,160
Real estate – commercial and farmland	11,451		536		9,938		10,474		806		10,669		11,416
Real estate – residential	15,211		4,558		8,636		13,194		1,058		13,683		14,814
Consumer installment loans	538		498		—		498		—		507		554
Total	$	31,779	$	7,245	$	20,532	$	27,777	$	2,324	$	28,516	$	30,324



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Twelve Month Average Recorded Investment
December 31, 2016
Commercial, financial and agricultural	$	3,068	$	204	$	1,656	$	1,860	$	134	$	1,613	$	1,684
Real estate – construction and development	2,047		—		1,233		1,233		273		1,590		2,018
Real estate – commercial and farmland	13,906		6,811		6,065		12,876		1,503		12,948		12,845
Real estate – residential	15,482		2,238		13,503		15,741		3,080		15,525		14,453
Consumer installment loans	671		—		613		613		5		576		506
Total	$	35,174	$	9,253	$	23,070	$	32,323	$	4,995	$	32,252	$	31,506



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Nine Month Average Recorded Investment
September 30, 2016
Commercial, financial and agricultural	$	2,568	$	252	$	1,114	$	1,366	$	118	$	1,736	$	1,640
Real estate – construction and development	2,972		—		1,946		1,946		537		2,001		2,214
Real estate – commercial and farmland	14,015		5,499		7,520		13,019		873		12,776		12,837
Real estate – residential	14,350		2,046		11,667		13,713		2,648		13,686		13,516
Consumer installment loans	586		—		539		539		6		492		479
Total	$	34,491	$	7,797	$	22,786	$	30,583	$	4,182	$	30,691	$	30,686

Summary of Credit Quality Indicate Financial Receivable

The following table presents the purchased loan portfolio by risk grade as of September 30, 2017 and December 31, 2016 (in thousands):



Risk Grade	Commercial, Financial and Agricultural		Real Estate - Construction and Development		Real Estate - Commercial and Farmland		Real Estate - Residential		Consumer Installment Loans		Other		Total
September 30, 2017
10	$	3,377	$	—	$	—	$	—	$	662	$	—	$	4,039
15	4,969		—		5,327		96,570		231		—		107,097
20	9,497		13,548		198,960		52,646		1,204		—		275,855
23	—		2,302		6,936		10,621		—		—		19,859
25	47,822		40,500		243,216		79,374		864		—		411,776
30	12,817		7,617		22,829		7,378		55		—		50,696
40	2,413		4,616		22,901		17,723		151		—		47,804
50	—		—		—		—		—		—		—
60	—		—		—		—		—		—		—
Total	$	80,895	$	68,583	$	500,169	$	264,312	$	3,167	$	—	$	917,126

December 31, 2016
10	$	5,722	$	—	$	—	$	—	$	814	$	—	$	6,536
15	1,266		—		7,619		31,331		570		—		40,786
20	16,204		10,686		194,168		111,712		1,583		—		334,353
23	22		3,643		9,019		14,791		—		—		27,475
25	67,123		56,006		323,242		121,379		1,276		—		569,026
30	5,072		7,271		15,039		7,605		45		—		35,032
40	1,128		3,762		27,268		23,459		366		—		55,983
50	—		—		—		—		—		—		—
60	—		—		—		—		—		—		—
Total	$	96,537	$	81,368	$	576,355	$	310,277	$	4,654	$	—	$	1,069,191

The following table presents the loan portfolio, excluding purchased loans, by risk grade as of September 30, 2017 and December 31, 2016 (in thousands):



Risk Grade	Commercial, Financial and Agricultural		Real Estate - Construction and Development		Real Estate - Commercial and Farmland		Real Estate - Residential		Consumer Installment Loans		Other		Total
September 30, 2017
10	$	495,116	$	—	$	6,029	$	49	$	9,068	$	—	$	510,262
15	559,781		959		75,462		55,759		256		—		692,217
20	117,904		48,640		1,005,945		800,557		24,332		5,795		2,003,173
23	343		4,403		4,242		5,986		3		—		14,977
25	121,558		488,956		431,862		86,702		148,891		—		1,277,969
30	8,350		4,458		17,568		5,674		93		—		36,143
40	4,150		2,773		17,774		14,562		671		—		39,930
50	7		—		—		—		—		—		7
60	—		—		—		—		—		—		—
Total	$	1,307,209	$	550,189	$	1,558,882	$	969,289	$	183,314	$	5,795	$	4,574,678

December 31, 2016
10	$	397,093	$	—	$	8,814	$	125	$	8,532	$	—	$	414,564
15	376,323		5,390		102,893		54,136		405		—		539,147
20	97,057		36,307		889,539		609,583		25,026		12,486		1,669,998
23	366		6,803		8,533		7,470		14		—		23,186
25	92,066		307,903		357,151		88,370		62,098		—		907,588
30	144		719		22,986		5,197		126		—		29,172
40	4,089		5,923		16,303		16,038		714		—		43,067
50	—		—		—		99		—		—		99
60	—		—		—		—		—		—		—
Total	$	967,138	$	363,045	$	1,406,219	$	781,018	$	96,915	$	12,486	$	3,626,821

Summary of Troubled Debt Restructurings by Loan Class

The following table presents the purchased loans by class modified as troubled debt restructurings, which occurred during the nine months ended September 30, 2017 and 2016:



	September 30, 2017			September 30, 2016
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	—	$	—	1	$	76
Real estate – construction and development	—	—		—	—
Real estate – commercial and farmland	—	—		3	708
Real estate – residential	8	1,005		8	1,130
Consumer installment	—	—		—	—
Total	8	$	1,005	12	$	1,914

The following table presents the loans by class modified as troubled debt restructurings, excluding purchased loans, which occurred during the nine months ended September 30, 2017 and 2016:



	September 30, 2017			September 30, 2016
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	4	5	$	59
Real estate – construction and development	—	—		2	251
Real estate – commercial and farmland	2	226		4	1,658
Real estate – residential	10	526		7	887
Consumer installment	6	27		9	44
Total	19	$	783	27	$	2,899

Troubled Debt Restructurings on Financing Receivable Payment Default

The following table presents for loans, excluding purchased loans, the troubled debt restructurings by class that defaulted (defined as 30 days past due) during the nine months ended September 30, 2017 and 2016:



	September 30, 2017			September 30, 2016
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	4	$	58	5	$	51
Real estate – construction and development	1	25		—	—
Real estate – commercial and farmland	4	200		5	517
Real estate – residential	12	878		3	219
Consumer installment	7	25		2	6
Total	28	$	1,186	15	$	793

The following table presents purchased loan troubled debt restructurings by class that defaulted (defined as 30 days past due) during the nine months ended September 30, 2017 and 2016:



	September 30, 2017			September 30, 2016
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	5	2	$	76
Real estate – construction and development	—	—		1	10
Real estate – commercial and farmland	5	1,945		1	207
Real estate – residential	7	333		11	440
Consumer installment	1	3		—	—
Total	14	$	2,286	15	$	733

Summary of Troubled Debt Restructuring by Loan Class, Classified Separately under Restructured Terms

The following table presents the amount of troubled debt restructurings by loan class of purchased loans, classified separately as accrual and nonaccrual at September 30, 2017 and December 31, 2016.



September 30, 2017	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	—	$	—	3	$	18
Real estate – construction and development	3	1,022		6	349
Real estate – commercial and farmland	15	6,308		11	3,834
Real estate – residential	119	12,875		25	1,627
Consumer installment	—	—		2	6
Total	137	$	20,205	47	$	5,834



December 31, 2016	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	1	4	$	91
Real estate – construction and development	6	1,358		3	30
Real estate – commercial and farmland	20	8,460		5	2,402
Real estate – residential	123	13,713		33	2,077
Consumer installment	3	11		1	—
Total	153	$	23,543	46	$	4,600

The following table presents the amount of troubled debt restructurings by loan class, excluding purchased loans, classified separately as accrual and nonaccrual at September 30, 2017 and December 31, 2016:



September 30, 2017	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	4	$	44	13	$	129
Real estate – construction and development	7	424		2	34
Real estate – commercial and farmland	16	4,769		5	210
Real estate – residential	78	7,209		16	1,212
Consumer installment	4	6		36	130
Total	109	$	12,452	72	$	1,715



December 31, 2016	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	4	$	47	15	$	114
Real estate – construction and development	8	686		2	34
Real estate – commercial and farmland	16	4,119		5	2,970
Real estate – residential	82	9,340		15	739
Consumer installment	7	17		32	130
Total	117	$	14,209	69	$	3,987

Schedule of Allowances for Loan Losses by Portfolio Segment

The following tables detail activity in the allowance for loan losses by portfolio segment for the three and nine-month periods ended September 30, 2017, the year ended December 31, 2016 and the three and nine-month periods ended September 30, 2016. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.



(dollars in thousands)	Commercial, Financial and Agricultural			Real Estate – Construction and Development			Real Estate – Commercial and Farmland			Real Estate – Residential			Consumer Installment Loans and Other			Purchased Loans			Purchased Loan Pools			Total
Three Months Ended September 30, 2017
Balance, June 30, 2017	$	3,302		$	3,756		$	7,869		$	5,605		$	1,155		$	1,791		$	1,623		$	25,101
Provision for loan losses	910			(587		)	68			127			670			745			(146		)	1,787
Loans charged off	(1,091		)	(1		)	(18		)	(852		)	(320		)	(161		)	—			(2,443		)
Recoveries of loans previously charged off	409			126			26			56			17			887			—			1,521
Balance, September 30, 2017	$	3,530		$	3,294		$	7,945		$	4,936		$	1,522		$	3,262		$	1,477		$	25,966

Nine Months Ended September 30, 2017:
Balance, December 31, 2016	$	2,192		$	2,990		$	7,662		$	6,786		$	827		$	1,626		$	1,837		$	23,920
Provision for loan losses	2,535			155			540			(9		)	1,539			1,428			(360		)	5,828
Loans charged off	(1,896		)	(95		)	(413		)	(2,031		)	(922		)	(1,472		)	—			(6,829		)
Recoveries of loans previously charged off	699			244			156			190			78			1,680			—			3,047
Balance, September 30, 2017	$	3,530		$	3,294		$	7,945		$	4,936		$	1,522		$	3,262		$	1,477		$	25,966

Period-end allocation:
Loans individually evaluated for impairment ⁽¹⁾	$	509		$	81		$	1,380		$	1,058		$	—		$	3,262		$	105		$	6,395
Loans collectively evaluated for impairment	3,021			3,213			6,565			3,878			1,522			—			1,372			19,571
Ending balance	$	3,530		$	3,294		$	7,945		$	4,936		$	1,522		$	3,262		$	1,477		$	25,966

Loans:
Individually evaluated for impairment⁽¹⁾	$	3,204		$	627		$	10,512		$	8,636		$	—		$	32,032		$	915		$	55,926
Collectively evaluated for impairment	1,304,005			549,562			1,548,370			960,653			189,109			763,271			464,303			5,779,273
Acquired with deteriorated credit quality	—			—			—			—			—			121,823			—			121,823
Ending balance	$	1,307,209		$	550,189		$	1,558,882		$	969,289		$	189,109		$	917,126		$	465,218		$	5,957,022

(1) At September 30, 2017, loans individually evaluated for impairment includes all nonaccrual loans greater than $100,000 and all troubled debt restructurings greater than $100,000, including all troubled debt restructurings and not only those currently classified as troubled debt restructurings.



(dollars in thousands)	Commercial, Financial and Agricultural			Real Estate – Construction and Development			Real Estate – Commercial and Farmland			Real Estate – Residential			Consumer Installment Loans and Other			Purchased Loans			Purchased Loan Pools		Total
Twelve Months Ended December 31, 2016
Balance, January 1, 2016	$	1,144		$	5,009		$	7,994		$	4,760		$	1,574		$	—		$	581	$	21,062
Provision for loan losses	2,647			(1,921		)	107			2,757			(523		)	(232		)	1,256		4,091
Loans charged off	(1,999		)	(588		)	(708		)	(1,122		)	(351		)	(1,559		)	—		(6,327		)
Recoveries of loans previously charged off	400			490			269			391			127			3,417			—		5,094
Balance, December 31, 2016	$	2,192		$	2,990		$	7,662		$	6,786		$	827		$	1,626		$	1,837	$	23,920

Period-end allocation:
Loans individually evaluated for impairment⁽¹⁾	$	120		$	266		$	1,502		$	2,893		$	—		$	1,626		$	—	$	6,407
Loans collectively evaluated for impairment	2,072			2,724			6,160			3,893			827			—			1,837		17,513
Ending balance	$	2,192		$	2,990		$	7,662		$	6,786		$	827		$	1,626		$	1,837	$	23,920

Loans:
Individually evaluated for impairment ⁽¹⁾	$	501		$	659		$	12,423		$	12,697		$	—		$	34,141		$	—	$	60,421
Collectively evaluated for impairment	966,637			362,386			1,393,796			768,321			109,401			886,516			568,314		5,055,371
Acquired with deteriorated credit quality	—			—			—			—			—			148,534			—		148,534
Ending balance	$	967,138		$	363,045		$	1,406,219		$	781,018		$	109,401		$	1,069,191		$	568,314	$	5,264,326

(1) At December 31, 2016, loans individually evaluated for impairment includes all nonaccrual loans greater than $100,000 and all troubled debt restructurings greater than $100,000, including all troubled debt restructurings and not only those currently classified as troubled debt restructurings.



(dollars in thousands)	Commercial, Financial and Agricultural			Real Estate – Construction and Development			Real Estate – Commercial and Farmland			Real Estate – Residential			Consumer Installment Loans and Other			Purchased Loans			Purchased Loan Pools		Total
Three Months Ended September 30, 2016
Balance, June 30, 2016	$	1,667		$	3,599		$	7,459		$	4,263		$	2,160		$	1,387		$	1,199	$	21,734
Provision for loan losses	677			(521		)	(554		)	2,649			(1,595		)	(654		)	809		811
Loans charged off	(326		)	(60		)	—			(292		)	(74		)	(699		)	—		(1,451		)
Recoveries of loans previously charged off	119			131			13			40			78			1,488			—		1,869
Balance, September 30, 2016	$	2,137		$	3,149		$	6,918		$	6,660		$	569		$	1,522		$	2,008	$	22,963

Nine Months Ended September 30, 2016:
Balance, December 31, 2015	$	1,144		$	5,009		$	7,994		$	4,760		$	1,574		$	—		$	581	$	21,062
Provision for loan losses	1,987			(2,010		)	(559		)	2,415			(932		)	53			1,427		2,381
Loans charged off	(1,273		)	(324		)	(708		)	(883		)	(192		)	(1,261		)	—		(4,641		)
Recoveries of loans previously charged off	279			474			191			368			119			2,730			—		4,161
Balance, September 30, 2016	$	2,137		$	3,149		$	6,918		$	6,660		$	569		$	1,522		$	2,008	$	22,963

Period-end allocation:
Loans individually evaluated for impairment⁽¹⁾	$	107		$	529		$	883		$	2,629		$	—		$	1,522		$	—	$	5,670
Loans collectively evaluated for impairment	2,030			2,620			6,035			4,031			569			—			2,008		17,293
Ending balance	$	2,137		$	3,149		$	6,918		$	6,660		$	569		$	1,522		$	2,008	$	22,963

Loans:
Individually evaluated for impairment ⁽¹⁾	$	424		$	1,154		$	11,699		$	11,571		$	—		$	34,991		$	—	$	59,839
Collectively evaluated for impairment	625,523			327,154			1,285,883			755,362			72,269			939,243			624,886		4,630,320
Acquired with deteriorated credit quality	—			—			—			—			—			155,147			—		155,147
Ending balance	$	625,947		$	328,308		$	1,297,582		$	766,933		$	72,269		$	1,129,381		$	624,886	$	4,845,306

(1) At September 30, 2016, loans individually evaluated for impairment includes all nonaccrual loans greater than $100,000 and all troubled debt restructurings greater than $100,000, including all troubled debt restructurings and not only those currently classified as troubled debt restructurings.