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LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)
 12 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
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.
 
December 31,
(dollars in thousands)
2018
 
2017
Commercial, financial and agricultural
$
1,316,359

 
$
1,362,508

Real estate – construction and development
671,198

 
624,595

Real estate – commercial and farmland
1,814,529

 
1,535,439

Real estate – residential
1,403,000

 
1,009,461

Consumer installment
455,371

 
324,511

 
$
5,660,457

 
$
4,856,514
Summary of Purchased Loans And Major Loan Categories
The carrying value of purchased loans are shown below according to major loan type as of the end of the years shown.
(dollars in thousands)
2018
 
2017
Commercial, financial and agricultural
$
372,686

 
$
74,378

Real estate – construction and development
227,900

 
65,513

Real estate – commercial and farmland
1,337,859

 
468,246

Real estate – residential
623,199

 
250,539

Consumer installment
27,188

 
2,919

 
$
2,588,832

 
$
861,595
Rollforward Of Acquired Loans
A rollforward of purchased loans for the years ended December 31, 2018 and 2017 is shown below.
(dollars in thousands)
2018
 
2017
Balance, January 1
$
861,595

 
$
1,069,191

Charge-offs
(1,803
)
 
(3,411
)
Additions due to acquisitions
2,053,744

 
—

Accretion
11,918

 
11,308

Transfers to purchased other real estate owned
(6,396
)
 
(5,023
)
Payments received
(330,226
)
 
(210,470
)
Ending balance
$
2,588,832

 
$
861,595
Schedule Of Changes In Accretable Discount Related To Credit Impaired Acquired Loans
The following is a summary of changes in the accretable discounts of purchased loans during years ended December 31, 2018 and 2017:
(dollars in thousands)
2018
 
2017
Balance, January 1
$
20,192

 
$
30,624

Additions due to acquisitions
30,037

 
—

Accretion
(11,918
)
 
(11,308
)
Accretable discounts removed due to charge-offs
(42
)
 
(17
)
Transfers between non-accretable and accretable discounts, net
2,227

 
893

Ending balance
$
40,496

 
$
20,192
Summary of Financial Receivable Nonaccrual Basis
The following table presents an analysis of purchased loans accounted for on a nonaccrual basis.
(dollars in thousands)
2018
 
2017
Commercial, financial and agricultural
$
1,199

 
$
813

Real estate – construction and development
6,119

 
3,139

Real estate – commercial and farmland
5,534

 
5,685

Real estate – residential
10,769

 
5,743

Consumer installment
486

 
48

 
$
24,107

 
$
15,428

The following table presents an analysis of loans accounted for on a nonaccrual basis, excluding purchased loans.
(dollars in thousands)
2018
 
2017
Commercial, financial and agricultural
$
1,412

 
$
1,306

Real estate – construction and development
892

 
554

Real estate – commercial and farmland
4,654

 
2,665

Real estate – residential
10,465

 
9,194

Consumer installment
529

 
483

 
$
17,952

 
$
14,202
Summary of Past Due Financial Receivables
The following table presents an analysis of past due loans, excluding purchased loans as of December 31, 2018 and 2017.
(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
As of December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
6,479

 
$
5,295

 
$
4,763

 
$
16,537

 
$
1,299,822

 
$
1,316,359

 
$
3,808

Real estate – construction and development
 
1,218

 
481

 
725

 
2,424

 
668,774

 
671,198

 
—

Real estate – commercial and farmland
 
1,625

 
530

 
3,645

 
5,800

 
1,808,729

 
1,814,529

 
—

Real estate – residential
 
11,423

 
4,631

 
8,923

 
24,977

 
1,378,023

 
1,403,000

 
—

Consumer installment
 
2,344

 
1,167

 
735

 
4,246

 
451,125

 
455,371

 
414

Total
 
$
23,089

 
$
12,104

 
$
18,791

 
$
53,984

 
$
5,606,473

 
$
5,660,457

 
$
4,222


(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
As of December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
8,124

 
$
3,285

 
$
6,978

 
$
18,387

 
$
1,344,121

 
$
1,362,508

 
$
5,991

Real estate – construction and development
 
810

 
23

 
288

 
1,121

 
623,474

 
624,595

 
—

Real estate – commercial and farmland
 
869

 
787

 
1,940

 
3,596

 
1,531,843

 
1,535,439

 
—

Real estate – residential
 
8,772

 
2,941

 
7,041

 
18,754

 
990,707

 
1,009,461

 
—

Consumer installment
 
1,556

 
472

 
329

 
2,357

 
322,154

 
324,511

 
—

Total
 
$
20,131

 
$
7,508

 
$
16,576

 
$
44,215

 
$
4,812,299

 
$
4,856,514

 
$
5,991

The following table presents an analysis of purchased past due loans as of December 31, 2018 and 2017.
(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
As of December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
421

 
$
416

 
$
1,015

 
$
1,852

 
$
370,834

 
$
372,686

 
$
—

Real estate – construction and development
 
627

 
370

 
5,273

 
6,270

 
221,630

 
227,900

 
—

Real estate – commercial and farmland
 
1,935

 
736

 
1,698

 
4,369

 
1,333,490

 
1,337,859

 
—

Real estate – residential
 
12,531

 
2,407

 
7,005

 
21,943

 
601,256

 
623,199

 
—

Consumer installment
 
679

 
237

 
249

 
1,165

 
26,023

 
27,188

 
—

Total
 
$
16,193

 
$
4,166

 
$
15,240

 
$
35,599

 
$
2,553,233

 
$
2,588,832

 
$
—


(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
As of December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
—

 
$
33

 
$
760

 
$
793

 
$
73,585

 
$
74,378

 
$
—

Real estate – construction and development
 
87

 
31

 
2,517

 
2,635

 
62,878

 
65,513

 
—

Real estate – commercial and farmland
 
1,190

 
701

 
2,724

 
4,615

 
463,631

 
468,246

 
—

Real estate – residential
 
2,722

 
1,585

 
2,320

 
6,627

 
243,912

 
250,539

 
—

Consumer installment
 
57

 
4

 
43

 
104

 
2,815

 
2,919

 
—

Total
 
$
4,056

 
$
2,354

 
$
8,364

 
$
14,774

 
$
846,821

 
$
861,595

 
$
—
Summary of Impaired Financial Receivables
The following is a summary of information pertaining to purchased impaired loans:
 
As of and For the Years Ended
December 31,
(dollars in thousands)
2018
 
2017
 
2016
Nonaccrual loans
$
24,107

 
$
15,428

 
$
22,966

Troubled debt restructurings not included above
18,740

 
20,472

 
23,543

Total impaired loans
$
42,847

 
$
35,900

 
$
46,509

 
 
 
 
 
 
Interest income recognized on impaired loans
$
2,203

 
$
1,625

 
$
2,755

Foregone interest income on impaired loans
$
1,483

 
$
1,239

 
$
1,637


The following table presents an analysis of information pertaining to purchased impaired loans as of December 31, 2018 and 2017.
(dollars in thousands)
 
Unpaid Contractual Principal Balance
 
Recorded Investment With No Allowance
 
Recorded Investment With Allowance
 
Total Recorded Investment
 
Related Allowance
 
Average Recorded Investment
As of December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
5,717

 
$
473

 
$
757

 
$
1,230

 
$
—

 
$
836

Real estate – construction and development
 
13,714

 
623

 
6,511

 
7,134

 
476

 
5,712

Real estate – commercial and farmland
 
14,766

 
1,115

 
10,581

 
11,696

 
684

 
12,349

Real estate – residential
 
24,839

 
8,185

 
14,116

 
22,301

 
773

 
21,433

Consumer installment
 
526

 
486

 
—

 
486

 
—

 
229

Total
 
$
59,562

 
$
10,882

 
$
31,965

 
$
42,847

 
$
1,933

 
$
40,559


(dollars in thousands)
 
Unpaid Contractual Principal Balance
 
Recorded Investment With No Allowance
 
Recorded Investment With Allowance
 
Total Recorded Investment
 
Related Allowance
 
Average Recorded Investment
As of December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
4,170

 
$
70

 
$
744

 
$
814

 
$
400

 
$
827

Real estate – construction and development
 
9,060

 
282

 
3,875

 
4,157

 
1,114

 
3,877

Real estate – commercial and farmland
 
14,596

 
1,224

 
11,173

 
12,397

 
906

 
15,329

Real estate – residential
 
20,867

 
6,574

 
11,910

 
18,484

 
821

 
20,743

Consumer installment
 
57

 
48

 
—

 
48

 
—

 
41

Total
 
$
48,750

 
$
8,198

 
$
27,702

 
$
35,900

 
$
3,241

 
$
40,817

The following is a summary of information pertaining to impaired loans, excluding purchased loans:
 
As of and For the Years Ended
December 31,
(dollars in thousands)
2018
 
2017
 
2016
Nonaccrual loans
$
17,952

 
$
14,202

 
$
18,114

Troubled debt restructurings not included above
9,323

 
13,599

 
14,209

Total impaired loans
$
27,275

 
$
27,801

 
$
32,323

 
 
 
 
 
 
Interest income recognized on impaired loans
$
827

 
$
1,867

 
$
1,033

Foregone interest income on impaired loans
$
853

 
$
950

 
$
977


The following table presents an analysis of information pertaining to impaired loans, excluding purchased loans as of December 31, 2018 and 2017.
(dollars in thousands)
 
Unpaid Contractual Principal Balance
 
Recorded Investment With No Allowance
 
Recorded Investment With Allowance
 
Total Recorded Investment
 
Related Allowance
 
Average Recorded Investment
As of December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
1,902

 
$
1,155

 
$
513

 
$
1,668

 
$
4

 
$
1,637

Real estate – construction and development
 
1,378

 
613

 
424

 
1,037

 
3

 
984

Real estate – commercial and farmland
 
8,950

 
867

 
6,649

 
7,516

 
1,591

 
7,879

Real estate – residential
 
16,885

 
5,144

 
11,365

 
16,509

 
867

 
15,029

Consumer installment
 
561

 
545

 
—

 
545

 
—

 
534

Total
 
$
29,676

 
$
8,324

 
$
18,951

 
$
27,275

 
$
2,465

 
$
26,063


(dollars in thousands)
 
Unpaid Contractual Principal Balance
 
Recorded Investment With No Allowance
 
Recorded Investment With Allowance
 
Total Recorded Investment
 
Related Allowance
 
Average Recorded Investment
As of December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial and agricultural
 
$
1,453

 
$
734

 
$
613

 
$
1,347

 
$
145

 
$
2,173

Real estate – construction and development
 
1,467

 
471

 
500

 
971

 
48

 
1,122

Real estate – commercial and farmland
 
10,646

 
729

 
8,873

 
9,602

 
1,047

 
11,053

Real estate – residential
 
17,416

 
4,828

 
10,565

 
15,393

 
1,005

 
14,930

Consumer installment
 
523

 
488

 
—

 
488

 
—

 
541

Total
 
$
31,505

 
$
7,250

 
$
20,551

 
$
27,801

 
$
2,245

 
$
29,819
Summary of Credit Quality Indicate Financial Receivable
The following table presents the loan portfolio, excluding purchased loans, by risk grade as of December 31, 2018 and 2017 (in thousands).

As of December 31, 2018
Risk Grade
 
Commercial, Financial and Agricultural
 
Real Estate - Construction and Development
 
Real Estate - Commercial and Farmland
 
Real Estate - Residential
 
Consumer Installment
 
Total
1 - Prime credit
 
$
530,864

 
$
40

 
$
500

 
$
16

 
$
10,744

 
$
542,164

2 - Strong credit
 
452,250

 
681

 
37,079

 
33,043

 
48

 
523,101

3 - Good credit
 
174,811

 
74,657

 
888,433

 
1,246,383

 
23,844

 
2,408,128

4 - Satisfactory credit
 
137,038

 
582,456

 
814,068

 
94,143

 
419,983

 
2,047,688

5 - Fair credit
 
13,714

 
6,264

 
30,364

 
8,634

 
78

 
59,054

6 - Other assets especially mentioned
 
5,130

 
4,091

 
20,959

 
4,881

 
57

 
35,118

7 - Substandard
 
2,552

 
3,009

 
23,126

 
15,900

 
617

 
45,204

8 - Doubtful
 
—

 
—

 
—

 
—

 
—

 
—

9 - Loss
 
—

 
—

 
—

 
—

 
—

 
—

Total
 
$
1,316,359

 
$
671,198

 
$
1,814,529

 
$
1,403,000

 
$
455,371

 
$
5,660,457


As of December 31, 2017
Risk Grade
 
Commercial, Financial and Agricultural
 
Real Estate - Construction and Development
 
Real Estate - Commercial
 and Farmland
 
Real Estate - Residential
 
Consumer Installment
 
Total
1 - Prime credit
 
$
539,899

 
$
—

 
$
5,790

 
$
47

 
$
9,243

 
$
554,979

2 - Strong credit
 
568,557

 
1,005

 
68,507

 
49,742

 
670

 
688,481

3 - Good credit
 
125,740

 
59,318

 
966,391

 
843,178

 
39,352

 
2,033,979

4 - Satisfactory credit
 
117,358

 
552,918

 
454,506

 
88,537

 
274,462

 
1,487,781

5 - Fair credit
 
330

 
4,474

 
6,408

 
5,781

 
3

 
16,996

6 - Other assets especially mentioned
 
5,236

 
4,207

 
15,108

 
5,339

 
185

 
30,075

7 - Substandard
 
5,381

 
2,673

 
18,729

 
16,837

 
596

 
44,216

8 - Doubtful
 
7

 
—

 
—

 
—

 
—

 
7

9 - Loss
 
—

 
—

 
—

 
—

 
—

 
—

Total
 
$
1,362,508

 
$
624,595

 
$
1,535,439

 
$
1,009,461

 
$
324,511

 
$
4,856,514

The following table presents the purchased loan portfolio by risk grade as of December 31, 2018 and 2017 (in thousands).

As of December 31, 2018
Risk Grade
 
Commercial, Financial and Agricultural
 
Real Estate - Construction and Development
 
Real Estate - Commercial
and Farmland
 
Real Estate - Residential
 
Consumer Installment
 
Total
1 - Prime credit
 
$
90,205

 
$
—

 
$
—

 
$
—

 
$
570

 
$
90,775

2 - Strong credit
 
2,648

 
—

 
7,407

 
74,398

 
164

 
84,617

3 - Good credit
 
20,489

 
18,022

 
230,089

 
385,279

 
2,410

 
656,289

4 - Satisfactory credit
 
215,096

 
195,079

 
1,034,943

 
118,082

 
23,177

 
1,586,377

5 - Fair credit
 
14,445

 
2,728

 
29,468

 
16,937

 
35

 
63,613

6 - Other assets especially mentioned
 
11,601

 
1,459

 
10,063

 
7,231

 
94

 
30,448

7 - Substandard
 
18,202

 
10,612

 
25,889

 
21,272

 
738

 
76,713

8 - Doubtful
 
—

 
—

 
—

 
—

 
—

 
—

9 - Loss
 
—

 
—

 
—

 
—

 
—

 
—

Total
 
$
372,686

 
$
227,900

 
$
1,337,859

 
$
623,199

 
$
27,188

 
$
2,588,832


As of December 31, 2017
Risk Grade
 
Commercial, Financial and Agricultural
 
Real Estate - Construction and Development
 
Real Estate - Commercial
and Farmland
 
Real Estate - Residential
 
Consumer Installment
 
Total
1 - Prime credit
 
$
3,358

 
$
—

 
$
—

 
$
—

 
$
606

 
$
3,964

2 - Strong credit
 
4,541

 
—

 
5,047

 
91,270

 
240

 
101,098

3 - Good credit
 
8,517

 
13,014

 
186,187

 
50,988

 
1,166

 
259,872

4 - Satisfactory credit
 
43,085

 
39,877

 
230,570

 
70,837

 
711

 
385,080

5 - Fair credit
 
—

 
2,306

 
6,081

 
11,349

 
—

 
19,736

6 - Other assets especially mentioned
 
13,718

 
4,076

 
13,637

 
5,637

 
53

 
37,121

7 - Substandard
 
1,159

 
6,240

 
26,724

 
20,458

 
143

 
54,724

8 - Doubtful
 
—

 
—

 
—

 
—

 
—

 
—

9 - Loss
 
—

 
—

 
—

 
—

 
—

 
—

Total
 
$
74,378

 
$
65,513

 
$
468,246

 
$
250,539

 
$
2,919

 
$
861,595
Summary of Troubled Debt Restructurings by Loan Class
The following table presents the loans by class modified as troubled debt restructurings, excluding purchased loans, which occurred during the year ending December 31, 2018 and 2017.

 
 
December 31, 2018
 
December 31, 2017
Loan Class
 
#
 
Balance
(in thousands)
 
#
 
Balance
(in thousands)
Commercial, financial and agricultural
 
11
 
$
348

 
2
 
$
7

Real estate – construction and development
 
1
 
3

 
—
 
—

Real estate – commercial and farmland
 
2
 
440

 
7
 
3,516

Real estate – residential
 
13
 
1,430

 
12
 
656

Consumer installment
 
6
 
35

 
11
 
33

Total
 
33
 
$
2,256

 
32
 
$
4,212

The following table presents the purchased loans by class modified as troubled debt restructurings, which occurred during the year ending December 31, 2018 and 2017.
 
 
December 31, 2018
 
December 31, 2017
Loan Class
 
#
 
Balance
(in thousands)
 
#
 
Balance
(in thousands)
Commercial, financial and agricultural
 
4
 
$
63

 
1
 
$
5

Real estate – construction and development
 
—
 
—

 
—
 
—

Real estate – commercial and farmland
 
1
 
71

 
4
 
1,311

Real estate – residential
 
27
 
2,351

 
18
 
2,319

Consumer installment
 
2
 
14

 
—
 
—

Total
 
34
 
$
2,499

 
23
 
$
3,635

The following table presents the amount of troubled debt restructurings by loan class of purchased loans, classified separately as accrual and non-accrual at December 31, 2018 and 2017.
As of December 31, 2018
 
Accruing Loans
 
Non-Accruing Loans
Loan Class
 
#
 
Balance
(in thousands)
 
#
 
Balance
(in thousands)
Commercial, financial and agricultural
 
1
 
$
31

 
3
 
$
32

Real estate – construction and development
 
4
 
1,015

 
5
 
293

Real estate – commercial and farmland
 
12
 
6,162

 
7
 
1,685

Real estate – residential
 
115
 
11,532

 
24
 
1,424

Consumer installment
 
—
 
—

 
4
 
17

Total
 
132
 
$
18,740

 
43
 
$
3,451


As of December 31, 2017
 
Accruing Loans
 
Non-Accruing Loans
Loan Class
 
#
 
Balance
(in thousands)
 
#
 
Balance
(in thousands)
Commercial, financial and agricultural
 
—
 
$
—

 
3
 
$
16

Real estate – construction and development
 
3
 
1,018

 
6
 
340

Real estate – commercial and farmland
 
14
 
6,713

 
10
 
2,582

Real estate – residential
 
117
 
12,741

 
25
 
1,462

Consumer installment
 
—
 
—

 
2
 
5

Total
 
134
 
$
20,472

 
46
 
$
4,405
Troubled Debt Restructurings On Financing Receivables Payment Default
The following table presents the troubled debt restructurings by class that defaulted (defined as 30 days past due) during the year ending December 31, 2018 and 2017.

 
 
December 31, 2018
 
December 31, 2017
Loan Class
 
#
 
Balance
(in thousands)
 
#
 
Balance
(in thousands)
Commercial, financial and agricultural
 
8
 
$
107

 
2
 
$
47

Real estate – construction and development
 
1
 
—

 
2
 
261

Real estate – commercial and farmland
 
1
 
246

 
4
 
419

Real estate – residential
 
16
 
911

 
12
 
838

Consumer installment
 
7
 
34

 
7
 
22

Total
 
33
 
$
1,298

 
27
 
$
1,587
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, excluding purchased loans, classified separately as accrual and non-accrual at December 31, 2018 and 2017.
As of December 31, 2018
 
Accruing Loans
 
Non-Accruing Loans
Loan Class
 
#
 
Balance
(in thousands)
 
#
 
Balance
(in thousands)
Commercial, financial and agricultural
 
5
 
$
256

 
14
 
$
138

Real estate – construction and development
 
5
 
145

 
1
 
2

Real estate – commercial and farmland
 
12
 
2,863

 
3
 
426

Real estate – residential
 
71
 
6,043

 
20
 
1,119

Consumer installment
 
6
 
16

 
24
 
69

Total
 
99
 
$
9,323

 
62
 
$
1,754


As of December 31, 2017
 
Accruing Loans
 
Non-Accruing Loans
Loan Class
 
#
 
Balance
(in thousands)
 
#
 
Balance
(in thousands)
Commercial, financial and agricultural
 
4
 
$
41

 
12
 
$
120

Real estate – construction and development
 
6
 
417

 
2
 
34

Real estate – commercial and farmland
 
17
 
6,937

 
5
 
204

Real estate – residential
 
74
 
6,199

 
18
 
1,508

Consumer installment
 
4
 
5

 
33
 
98

Total
 
105
 
$
13,599

 
70
 
$
1,964

The following table presents the troubled debt restructurings by class that defaulted (defined as 30 days past due) during the year ending December 31, 2018 and 2017.
 
 
December 31, 2018
 
December 31, 2017
Loan Class
 
#
 
Balance
(in thousands)
 
#
 
Balance
(in thousands)
Commercial, financial and agricultural
 
—
 
$
—

 
1
 
$
5

Real estate – construction and development
 
—
 
—

 
—
 
—

Real estate – commercial and farmland
 
1
 
71

 
2
 
282

Real estate – residential
 
25
 
2,400

 
9
 
452

Consumer installment
 
—
 
—

 
1
 
3

Total
 
26
 
$
2,471

 
13
 
$
742
Summary of Changes in Related Party Loans
Changes in related party loans are summarized as follows:
 
December 31,
(dollars in thousands)
2018
 
2017
Balance, January 1
$
2,145

 
$
3,167

Advances
257

 
654

Repayments
(944
)
 
(1,676
)
Transactions due to changes in related parties
—

 
—

Ending balance
$
1,458

 
$
2,145
Schedule of Allowances for Loan Losses by Portfolio Segment
The following table details activity in the allowance for loan losses by portfolio segment for the periods indicated. 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
 
Purchased Loans
 
Purchased Loan Pools
 
Total
Twelve months ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance, January 1, 2018
 
$
3,631

 
$
3,629

 
$
7,501

 
$
4,786

 
$
1,916

 
$
3,253

 
$
1,075

 
$
25,791

Provision for loan losses
 
10,690

 
277

 
1,636

 
1,002

 
5,569

 
(2,164
)
 
(343
)
 
16,667

Loans charged off
 
(13,803
)
 
(292
)
 
(338
)
 
(771
)
 
(4,189
)
 
(1,738
)
 
—

 
(21,131
)
Recoveries of loans previously charged off
 
3,769

 
120

 
176

 
346

 
499

 
2,582

 
—

 
7,492

Balance, December 31, 2018
 
$
4,287

 
$
3,734

 
$
8,975

 
$
5,363

 
$
3,795

 
$
1,933

 
$
732

 
$
28,819

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Period-end amount allocated to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment(1)
 
$
570

 
$
3

 
$
1,591

 
$
867

 
$
—

 
$
1,933

 
$
—

 
$
4,964

Loans collectively evaluated for impairment
 
3,717

 
3,731

 
7,384

 
4,496

 
3,795

 
—

 
732

 
23,855

Ending balance
 
$
4,287

 
$
3,734

 
$
8,975

 
$
5,363

 
$
3,795

 
$
1,933

 
$
732

 
$
28,819

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment(1)
 
$
3,211

 
$
424

 
$
6,649

 
$
11,364

 
$
—

 
$
32,244

 
$
—

 
$
53,892

Collectively evaluated for impairment
 
1,313,148

 
670,774

 
1,807,880

 
1,391,636

 
455,371

 
2,468,996

 
262,625

 
8,370,430

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

 
87,592

 
—

 
87,592

Ending balance
 
$
1,316,359

 
$
671,198

 
$
1,814,529

 
$
1,403,000

 
$
455,371

 
$
2,588,832

 
$
262,625

 
$
8,511,914


(1)
At December 31, 2018, 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
 
Purchased Loans
 
Purchased
Loan
Pools
 
Total
Twelve months ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance, January 1, 2017
 
$
2,192

 
$
2,990

 
$
7,662

 
$
6,786

 
$
827

 
$
1,626

 
$
1,837

 
$
23,920

Provision for loan losses
 
3,019

 
488

 
508

 
(86
)
 
2,591

 
2,606

 
(762
)
 
8,364

Loans charged off
 
(2,850
)
 
(95
)
 
(853
)
 
(2,151
)
 
(1,618
)
 
(2,900
)
 
—

 
(10,467
)
Recoveries of loans previously charged off
 
1,270

 
246

 
184

 
237

 
116

 
1,921

 
—

 
3,974

Balance, December 31, 2017
 
$
3,631

 
$
3,629

 
$
7,501

 
$
4,786

 
$
1,916

 
$
3,253

 
$
1,075

 
$
25,791

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Period-end amount allocated to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment(1)
 
$
465

 
$
48

 
$
1,047

 
$
1,028

 
$
—

 
$
3,253

 
$
177

 
$
6,018

Loans collectively evaluated for impairment
 
3,166

 
3,581

 
6,454

 
3,758

 
1,916

 
—

 
898

 
19,773

Ending balance
 
$
3,631

 
$
3,629

 
$
7,501

 
$
4,786

 
$
1,916

 
$
3,253

 
$
1,075

 
$
25,791

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment(1)
 
$
2,971

 
$
500

 
$
8,873

 
$
10,818

 
$
—

 
$
28,165

 
$
904

 
$
52,231

Collectively evaluated for impairment
 
1,359,537

 
624,095

 
1,526,566

 
998,643

 
324,511

 
718,447

 
327,342

 
5,879,141

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

 
114,983

 
—

 
114,983

Ending balance
 
$
1,362,508

 
$
624,595

 
$
1,535,439

 
$
1,009,461

 
$
324,511

 
$
861,595

 
$
328,246

 
$
6,046,355


(1)
At December 31, 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
 
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 amount allocated to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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