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LOANS (Tables)

9 Months Ended

Sep. 30, 2019

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, 2019		December 31, 2018
Commercial, financial and agricultural	$	1,781,237	$	1,316,359
Real estate – construction and development	947,371		671,198
Real estate – commercial and farmland	2,152,528		1,814,529
Real estate – residential	1,866,128		1,403,000
Consumer installment	461,552		455,371
	$	7,208,816	$	5,660,457

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, 2019		December 31, 2018
Commercial, financial and agricultural	$	385,355	$	372,686
Real estate – construction and development	521,324		227,900
Real estate – commercial and farmland	2,057,384		1,337,859
Real estate – residential	1,285,096		623,199
Consumer installment	1,139,177		27,188
	$	5,388,336	$	2,588,832

Rollforward of Acquired Loans

A rollforward of purchased loans for the nine months ended September 30, 2019 and 2018 is shown below:



(dollars in thousands)	September 30, 2019			September 30, 2018
Balance, January 1	$	2,588,832		$	861,595
Charge-offs	(3,521		)	(1,314		)
Additions due to acquisitions	3,508,410			2,054,440
Accretion	10,503			8,083
Subsequent fair value adjustments recorded to goodwill	(4,854		)	—
Loans sold	(86,773		)	—
Transfers to loans held for sale	(1,554		)	—
Transfers to purchased other real estate owned	(3,908		)	(2,434		)
Payments received, net of principal advances	(618,799		)	(208,910		)
Ending balance	$	5,388,336		$	2,711,460

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, 2019 and 2018:



(dollars in thousands)	September 30, 2019			September 30, 2018
Balance, January 1	$	40,496		$	20,192
Additions due to acquisitions	38,116			29,318
Accretion	(10,503		)	(8,083		)
Accretable discounts removed due to charge-offs	—			(16		)
Transfers between non-accretable and accretable discounts, net	(2,052		)	1,569
Ending balance	$	66,057		$	42,980

Summary of Financial Receivable Nonaccrual Basis

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



(dollars in thousands)	September 30, 2019		December 31, 2018
Commercial, financial and agricultural	$	3,103	$	1,412
Real estate – construction and development	1,357		892
Real estate – commercial and farmland	3,588		4,654
Real estate – residential	13,226		10,465
Consumer installment	465		529
	$	21,739	$	17,952

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



(dollars in thousands)	September 30, 2019		December 31, 2018
Commercial, financial and agricultural	$	5,370	$	1,199
Real estate – construction and development	5,326		6,119
Real estate – commercial and farmland	18,777		5,534
Real estate – residential	48,559		10,769
Consumer installment	730		486
	$	78,762	$	24,107

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, 2019 and December 31, 2018:



(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, 2019
Commercial, financial and agricultural	$	10,695	$	2,246	$	8,278	$	21,219	$	1,760,018	$	1,781,237	$	5,380
Real estate – construction and development	999		675		900		2,574		944,797		947,371		—
Real estate – commercial and farmland	4,101		326		2,813		7,240		2,145,288		2,152,528		—
Real estate – residential	12,898		3,235		12,139		28,272		1,837,856		1,866,128		—
Consumer installment	2,167		1,215		767		4,149		457,403		461,552		456
Total	$	30,860	$	7,697	$	24,897	$	63,454	$	7,145,362	$	7,208,816	$	5,836

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

The following table presents an analysis of purchased past-due loans as of September 30, 2019 and December 31, 2018:



(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, 2019
Commercial, financial and agricultural	$	758	$	1,435	$	3,720	$	5,913	$	379,442	$	385,355	$	—
Real estate – construction and development	332		—		5,211		5,543		515,781		521,324		414
Real estate – commercial and farmland	2,416		1,480		13,498		17,394		2,039,990		2,057,384		66
Real estate – residential	24,707		7,092		23,453		55,252		1,229,844		1,285,096		—
Consumer installment	2,347		906		203		3,456		1,135,721		1,139,177		9
Total	$	30,560	$	10,913	$	46,085	$	87,558	$	5,300,778	$	5,388,336	$	489

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	$	—

Summary of Impaired Financial Receivables

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, 2019		December 31, 2018		September 30, 2018
Nonaccrual loans	$	21,739	$	17,952	$	15,986
Troubled debt restructurings not included above	13,430		9,323		10,943
Total impaired loans	$	35,169	$	27,275	$	26,929

Quarter-to-date interest income recognized on impaired loans	$	317	$	202	$	201
Year-to-date interest income recognized on impaired loans	$	782	$	827	$	625
Quarter-to-date foregone interest income on impaired loans	$	223	$	217	$	225
Year-to-date foregone interest income on impaired loans	$	630	$	853	$	636

The following table presents an analysis of information pertaining to impaired loans, excluding purchased loans as of September 30, 2019, December 31, 2018 and September 30, 2018:



(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, 2019
Commercial, financial and agricultural	$	4,242	$	773	$	2,979	$	3,752	$	1,569	$	3,724	$	2,645
Real estate – construction and development	2,019		505		921		1,426		113		1,350		1,280
Real estate – commercial and farmland	6,991		593		5,783		6,376		488		6,235		6,610
Real estate – residential	23,476		5,234		17,907		23,141		1,557		21,365		19,650
Consumer installment	496		474		—		474		—		451		471
Total	$	37,224	$	7,579	$	27,590	$	35,169	$	3,727	$	33,125	$	30,656



(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, 2018
Commercial, financial and agricultural	$	1,902	$	1,155	$	513	$	1,668	$	4	$	1,736	$	1,637
Real estate – construction and development	1,378		613		424		1,037		3		1,229		984
Real estate – commercial and farmland	8,950		867		6,649		7,516		1,591		7,537		7,879
Real estate – residential	16,885		5,144		11,365		16,509		867		14,719		15,029
Consumer installment	561		545		—		545		—		584		534
Total	$	29,676	$	8,324	$	18,951	$	27,275	$	2,465	$	25,805	$	26,063



(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, 2018
Commercial, financial and agricultural	$	2,216	$	966	$	838	$	1,804	$	5	$	1,791	$	1,629
Real estate – construction and development	1,444		720		701		1,421		46		1,110		971
Real estate – commercial and farmland	8,911		536		7,021		7,557		1,799		8,186		7,969
Real estate – residential	15,964		5,298		10,226		15,524		782		15,726		15,308
Consumer installment	658		623		—		623		—		571		531
Total	$	29,193	$	8,143	$	18,786	$	26,929	$	2,632	$	27,384	$	26,408

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



	As of and for the Period Ended
(dollars in thousands)	September 30, 2019		December 31, 2018		September 30, 2018
Nonaccrual loans	$	78,762	$	24,107	$	27,764
Troubled debt restructurings not included above	18,295		18,740		20,363
Total impaired loans	$	97,057	$	42,847	$	48,127

Quarter-to-date interest income recognized on impaired loans	$	587	$	918	$	309
Year-to-date interest income recognized on impaired loans	$	2,148	$	2,203	$	1,285
Quarter-to-date foregone interest income on impaired loans	$	1,356	$	451	$	506
Year-to-date foregone interest income on impaired loans	$	2,427	$	1,483	$	1,032

The following table presents an analysis of information pertaining to purchased impaired loans as of September 30, 2019, December 31, 2018 and September 30, 2018:



(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, 2019
Commercial, financial and agricultural	$	16,132	$	3,445	$	1,956	$	5,401	$	54	$	5,401	$	3,980
Real estate – construction and development	13,256		169		6,035		6,204		262		6,204		6,622
Real estate – commercial and farmland	38,382		14,629		9,977		24,606		555		24,606		18,018
Real estate – residential	63,328		48,469		11,647		60,116		654		60,116		40,808
Consumer installment	3,479		730		—		730		—		730		635
Total	$	134,577	$	67,442	$	29,615	$	97,057	$	1,525	$	97,057	$	70,063



(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, 2018
Commercial, financial and agricultural	$	5,717	$	473	$	757	$	1,230	$	—	$	1,101	$	836
Real estate – construction and development	13,714		623		6,511		7,134		476		7,240		5,712
Real estate – commercial and farmland	14,766		1,115		10,581		11,696		684		13,514		12,349
Real estate – residential	24,839		8,185		14,116		22,301		773		23,146		21,433
Consumer installment	526		486		—		486		—		487		229
Total	$	59,562	$	10,882	$	31,965	$	42,847	$	1,933	$	45,488	$	40,559



(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, 2018
Commercial, financial and agricultural	$	5,499	$	631	$	341	$	972	$	—	$	670	$	737
Real estate – construction and development	16,066		312		7,033		7,345		255		6,561		5,356
Real estate – commercial and farmland	20,297		3,013		12,319		15,332		872		13,282		12,513
Real estate – residential	27,028		8,393		15,598		23,991		886		22,932		21,217
Consumer installment	537		487		—		487		—		287		165
Total	$	69,427	$	12,836	$	35,291	$	48,127	$	2,013	$	43,732	$	39,988

Summary of Credit Quality Indicate Financial Receivable

The following table presents the loan portfolio, excluding purchased loans, by risk grade as of September 30, 2019 and December 31, 2018 (in thousands):



Risk Grade	Commercial, Financial and Agricultural		Real Estate - Construction and Development		Real Estate - Commercial and Farmland		Real Estate - Residential		Consumer Installment		Total
September 30, 2019
1	$	520,635	$	—	$	211	$	29	$	12,183	$	533,058
2	672,622		17,908		27,429		30,552		—		748,511
3	200,075		110,267		1,150,753		1,710,512		25,137		3,196,744
4	360,834		780,296		843,062		96,029		423,560		2,503,781
5	19,919		28,696		79,753		6,789		22		135,179
6	1,997		7,531		27,562		3,378		103		40,571
7	5,141		2,673		23,758		18,839		545		50,956
8	14		—		—		—		—		14
9	—		—		—		—		2		2
Total	$	1,781,237	$	947,371	$	2,152,528	$	1,866,128	$	461,552	$	7,208,816

December 31, 2018
1	$	530,864	$	40	$	500	$	16	$	10,744	$	542,164
2	452,250		681		37,079		33,043		48		523,101
3	174,811		74,657		888,433		1,246,383		23,844		2,408,128
4	137,038		582,456		814,068		94,143		419,983		2,047,688
5	13,714		6,264		30,364		8,634		78		59,054
6	5,130		4,091		20,959		4,881		57		35,118
7	2,552		3,009		23,126		15,900		617		45,204
8	—		—		—		—		—		—
9	—		—		—		—		—		—
Total	$	1,316,359	$	671,198	$	1,814,529	$	1,403,000	$	455,371	$	5,660,457

The following table presents the purchased loan portfolio by risk grade as of September 30, 2019 and December 31, 2018 (in thousands):



Risk Grade	Commercial, Financial and Agricultural		Real Estate - Construction and Development		Real Estate - Commercial and Farmland		Real Estate - Residential		Consumer Installment		Total
September 30, 2019
1	$	77,581	$	—	$	—	$	—	$	2,642	$	80,223
2	18,645		—		9,550		63,722		16,190		108,107
3	56,256		25,070		454,344		1,027,427		1,097,603		2,660,700
4	171,329		466,461		1,455,604		129,058		19,787		2,242,239
5	32,569		9,184		60,071		15,372		49		117,245
6	8,878		13,914		43,747		6,999		126		73,664
7	20,097		6,695		34,068		42,518		2,780		106,158
8	—		—		—		—		—		—
9	—		—		—		—		—		—
Total	$	385,355	$	521,324	$	2,057,384	$	1,285,096	$	1,139,177	$	5,388,336

December 31, 2018
1	$	90,205	$	—	$	—	$	—	$	570	$	90,775
2	2,648		—		7,407		74,398		164		84,617
3	20,489		18,022		230,089		385,279		2,410		656,289
4	215,096		195,079		1,034,943		118,082		23,177		1,586,377
5	14,445		2,728		29,468		16,937		35		63,613
6	11,601		1,459		10,063		7,231		94		30,448
7	18,202		10,612		25,889		21,272		738		76,713
8	—		—		—		—		—		—
9	—		—		—		—		—		—
Total	$	372,686	$	227,900	$	1,337,859	$	623,199	$	27,188	$	2,588,832

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, 2019 and 2018:



	September 30, 2019			September 30, 2018
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	69
Real estate – residential	20	1,674		16	1,791
Consumer installment	4	39		—	—
Total	24	$	1,713	18	$	1,865

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, 2019 and 2018:



	September 30, 2019			September 30, 2018
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	3	$	550	10	$	302
Real estate – construction and development	—	—		1	3
Real estate – commercial and farmland	2	224		1	303
Real estate – residential	21	4,183		12	1,617
Consumer installment	7	26		6	36
Total	33	$	4,983	30	$	2,261

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, 2019 and 2018:



	September 30, 2019			September 30, 2018
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	3	4	$	10
Real estate – construction and development	—	—		—	—
Real estate – commercial and farmland	3	341		2	548
Real estate – residential	4	481		17	1,155
Consumer installment	5	18		6	23
Total	13	$	843	29	$	1,736

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, 2019 and 2018:



	September 30, 2019			September 30, 2018
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	1	—	$	—
Real estate – construction and development	—	—		—	—
Real estate – commercial and farmland	1	325		1	69
Real estate – residential	17	895		23	2,302
Consumer installment	2	18		—	—
Total	21	$	1,239	24	$	2,371

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 nonaccrual at September 30, 2019 and December 31, 2018:



September 30, 2019	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	5	$	649	13	$	119
Real estate – construction and development	3	69		1	1
Real estate – commercial and farmland	12	2,788		3	530
Real estate – residential	88	9,915		20	925
Consumer installment	5	9		23	66
Total	113	$	13,430	60	$	1,641



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

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, 2019 and December 31, 2018.



September 30, 2019	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	31	3	$	25
Real estate – construction and development	4	878		2	257
Real estate – commercial and farmland	11	5,829		5	1,428
Real estate – residential	113	11,557		18	1,178
Consumer installment	—	—		7	54
Total	129	$	18,295	35	$	2,942



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

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 period ended September 30, 2019, the year ended December 31, 2018 and the three and nine-month period ended September 30, 2018. 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
Three Months Ended September 30, 2019
Balance, June 30, 2019	$	6,302		$	4,269		$	7,269		$	7,451		$	3,388		$	2,443		$	671		$	31,793
Provision for loan losses	1,925			800			1,166			975			1,289			(114		)	(52		)	5,989
Loans charged off	(1,578		)	—			(14		)	(20		)	(1,195		)	(2,442		)	—			(5,249		)
Recoveries of loans previously charged off	845			2			—			49			269			1,832			—			2,997
Balance, September 30, 2019	$	7,494		$	5,071		$	8,421		$	8,455		$	3,751		$	1,719		$	619		$	35,530

Nine Months Ended September 30, 2019
Balance, December 31, 2018	$	4,287		$	3,734		$	8,975		$	5,363		$	3,795		$	1,933		$	732		$	28,819
Provision for loan losses	5,475			1,562			805			2,886			3,495			(45		)	(113		)	14,065
Loans charged off	(4,920		)	(247		)	(1,367		)	(80		)	(4,214		)	(3,296		)	—			(14,124		)
Recoveries of loans previously charged off	2,652			22			8			286			675			3,127			—			6,770
Balance, September 30, 2019	$	7,494		$	5,071		$	8,421		$	8,455		$	3,751		$	1,719		$	619		$	35,530

Period-end allocation:
Loans individually evaluated for impairment ⁽¹⁾	$	2,575		$	112		$	488		$	1,557		$	—		$	1,719		$	—		$	6,451
Loans collectively evaluated for impairment	4,919			4,959			7,933			6,898			3,751			—			619			29,079
Ending balance	$	7,494		$	5,071		$	8,421		$	8,455		$	3,751		$	1,719		$	619		$	35,530

Loans:
Individually evaluated for impairment⁽¹⁾	$	4,648		$	921		$	5,783		$	17,907		$	—		$	31,612		$	—		$	60,871
Collectively evaluated for impairment	1,776,589			946,450			2,146,745			1,848,221			461,552			5,173,717			229,132			12,582,406
Acquired with deteriorated credit quality	—			—			—			—			—			183,007			—			183,007
Ending balance	$	1,781,237		$	947,371		$	2,152,528		$	1,866,128		$	461,552		$	5,388,336		$	229,132		$	12,826,284

(1) At September 30, 2019, 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, 2018
Balance, December 31, 2017	$	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 allocation:
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
Three Months Ended September 30, 2018
Balance, June 30, 2018	$	8,400		$	3,789		$	8,215		$	5,136		$	2,877		$	2,339		$	776		$	31,532
Provision for loan losses	1,021			137			809			209			1,039			(1,148		)	28			2,095
Loans charged off	(6,121		)	(265		)	(27		)	(293		)	(923		)	(483		)	—			(8,112		)
Recoveries of loans previously charged off	939			1			134			44			178			1,305			—			2,601
Balance, September 30, 2018	$	4,239		$	3,662		$	9,131		$	5,096		$	3,171		$	2,013		$	804		$	28,116

Nine Months Ended September 30, 2018
Balance, December 31, 2017	$	3,631		$	3,629		$	7,501		$	4,786		$	1,916		$	3,253		$	1,075		$	25,791
Provision for loan losses	9,080			201			1,630			750			3,617			(2,001		)	(271		)	13,006
Loans charged off	(11,314		)	(285		)	(169		)	(695		)	(2,724		)	(1,514		)	—			(16,701		)
Recoveries of loans previously charged off	2,842			117			169			255			362			2,275			—			6,020
Balance, September 30, 2018	$	4,239		$	3,662		$	9,131		$	5,096		$	3,171		$	2,013		$	804		$	28,116

Period-end allocation:
Loans individually evaluated for impairment⁽¹⁾	$	821		$	46		$	1,800		$	782		$	—		$	2,013		$	2		$	5,464
Loans collectively evaluated for impairment	3,418			3,616			7,331			4,314			3,171			—			802			22,652
Ending balance	$	4,239		$	3,662		$	9,131		$	5,096		$	3,171		$	2,013		$	804		$	28,116

Loans:
Individually evaluated for impairment ⁽¹⁾	$	2,362		$	701		$	7,021		$	10,226		$	—		$	36,156		$	4,697		$	61,163
Collectively evaluated for impairment	1,419,790			641,129			1,797,244			1,264,975			399,858			2,573,182			270,055			8,366,233
Acquired with deteriorated credit quality	—			—			—			—			—			102,122			—			102,122
Ending balance	$	1,422,152		$	641,830		$	1,804,265		$	1,275,201		$	399,858		$	2,711,460		$	274,752		$	8,529,518

(1) At September 30, 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.