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Allowance for Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2016
Allowance for Loan and Lease Losses Write-offs, Net [Abstract]  
Schedule of allowances for loan losses by portfolio segment
The following table presents the activity of the allowance for loan losses by portfolio segment for the three months
ended March 31. 
Allowance for Loan Losses:
 
March 31, 2016
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
11,482

 
$
1,834

 
$
4,945

 
$
1,685

 
$
19,946

Provision for loan losses
 
(275
)
 
125

 
787

 
198

 
835

Loans charged -off
 
(267
)
 
(239
)
 
(1,134
)
 
—

 
(1,640
)
Recoveries
 
228

 
49

 
508

 
—

 
785

Ending Balance
 
$
11,168

 
$
1,769

 
$
5,106

 
$
1,883

 
$
19,926



Allowance for Loan Losses:
 
March 31, 2015
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
10,915

 
$
1,374

 
$
4,370

 
$
2,180

 
$
18,839

Provision for loan losses
 
7

 
376

 
830

 
237

 
1,450

Loans charged -off
 
(336
)
 
(225
)
 
(1,262
)
 
—

 
(1,823
)
Recoveries
 
232

 
97

 
556

 
—

 
885

Ending Balance
 
$
10,818

 
$
1,622

 
$
4,494

 
$
2,417

 
$
19,351


 
 
 
 
 
 
 
 
 
 
 
Allocation of the allowance for loan losses by portfolio segment based on the impairment method
The following table presents the allocation of the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method at March 31, 2016 and December 31, 2015. 
Allowance for Loan Losses
 
March 31, 2016
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
881

 
$
192

 
$
—

 
$
—

 
$
1,073

Collectively evaluated for impairment
 
10,136

 
1,577

 
5,106

 
1,883

 
18,702

Acquired with deteriorated credit quality
 
151

 
—

 
—

 
—

 
151

Ending Balance
 
$
11,168

 
$
1,769

 
$
5,106

 
$
1,883

 
$
19,926

 
Loans:
 
March 31, 2016
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
$
7,431

 
$
712

 
$
—

 
 
 
$
8,143

Collectively evaluated for impairment
 
1,041,900

 
435,874

 
277,716

 
 
 
1,755,490

Acquired with deteriorated credit quality
 
4,007

 
1,515

 
—

 
 
 
5,522

Ending Balance
 
$
1,053,338

 
$
438,101

 
$
277,716

 
 
 
$
1,769,155


Allowance for Loan Losses:
 
December 31, 2015
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
953

 
206

 
—

 
—

 
1,159

Collectively evaluated for impairment
 
10,342

 
1,628

 
4,945

 
1,685

 
18,600

Acquired with deteriorated credit quality
 
187

 
—

 
—

 
—

 
187

Ending Balance
 
$
11,482

 
$
1,834

 
$
4,945

 
$
1,685

 
$
19,946


Loans
 
December 31, 2015
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
8,823

 
902

 
—

 
 
 
9,725

Collectively evaluated for impairment
 
1,037,086

 
443,224

 
274,134

 
 
 
1,754,444

Acquired with deteriorated credit quality
 
4,092

 
1,529

 
—

 
 
 
5,621

Ending Balance
 
$
1,050,001

 
$
445,655

 
$
274,134

 
 
 
$
1,769,790
Schedule of loans individually evaluated for impairment by class of loans
The following tables present loans individually evaluated for impairment by class of loans. 

 
 
 
 
 
 
March 31, 2016
 
 
 
 
 
 
Unpaid
Principal
 
Recorded
 
Allowance
for Loan
Losses
 
Average
Recorded
 
Interest
Income
 
Cash Basis
Interest
(Dollar amounts in thousands)
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
1,357

 
$
1,063

 
$
—

 
$
1,143

 
$
—

 
$
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
3,155

 
3,155

 
—

 
3,178

 
—

 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
1,437

 
1,437

 
—

 
1,599

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
28

 
28

 
—

 
29

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
600

 
600

 
204

 
799

 
—

 
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
1,176

 
1,176

 
677

 
1,296

 
—

 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
—

 
—

 
—

 
113

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
684

 
684

 
192

 
779

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
8,437

 
$
8,143

 
$
1,073

 
$
8,936

 
$
—

 
$
—

 



 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
Unpaid
Principal
 
Recorded
 
Allowance
for Loan
Losses
 
Average
Recorded
 
Interest
Income
 
Cash Basis
Interest
Income
(Dollar amounts in thousands)
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
1,516

 
$
1,223

 
$
—

 
$
1,796

 
$
—

 
$
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
3,202

 
3,202

 
—

 
2,080

 
—

 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
1,760

 
1,760

 
—

 
1,175

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
29

 
29

 
—

 
18

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
998

 
998

 
212

 
3,463

 
—

 
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
1,415

 
1,415

 
741

 
3,682

 
—

 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
225

 
225

 
—

 
483

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
873

 
873

 
206

 
460

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
10,018

 
$
9,725

 
$
1,159

 
$
13,157

 
$
—

 
$
—

 
Schedule of non-performing loans
The tables below presents the recorded investment in non-performing loans.
 
 
March 31, 2016
 
 
Loans Past
Due Over
90 Day Still
 
Troubled
Debt
 
 
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
Nonaccrual
Commercial
 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
—

 
$
5

 
$
413

 
$
2,525

Farmland
 
—

 
—

 
—

 
108

Non Farm, Non Residential
 
—

 
4

 
3,114

 
2,174

Agriculture
 
—

 
—

 
—

 
403

All Other Commercial
 
—

 
—

 
—

 
1,380

Residential
 
 

 
 

 
 
 
 

First Liens
 
681

 
4,178

 
1,128

 
5,067

Home Equity
 
10

 
—

 
—

 
308

Junior Liens
 
42

 
—

 
—

 
210

Multifamily
 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
106

Consumer
 
 

 
 

 
 
 
 

Motor Vehicle
 
174

 
121

 
2

 
185

All Other Consumer
 
5

 
125

 
442

 
782

TOTAL
 
$
912

 
$
4,433

 
$
5,099

 
$
13,248


 
 
December 31, 2015
 
 
Loans Past
Due Over
90 Day Still
 
Troubled
Debt
 
 
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
Nonaccrual
Commercial
 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
—

 
$
5

 
$
422

 
$
3,187

Farmland
 
—

 
—

 
—

 
219

Non Farm, Non Residential
 
—

 
6

 
3,152

 
2,545

Agriculture
 
—

 
—

 
—

 
378

All Other Commercial
 
—

 
—

 
—

 
1,817

Residential
 
 

 
 

 
 
 
 

First Liens
 
809

 
4,577

 
1,034

 
4,839

Home Equity
 
10

 
—

 
—

 
320

Junior Liens
 
45

 
—

 
—

 
211

Multifamily
 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
111

Consumer
 
 

 
 

 
 
 
 

Motor Vehicle
 
148

 
—

 
2

 
213

All Other Consumer
 
4

 
—

 
400

 
794

TOTAL
 
$
1,016

 
$
4,588

 
$
5,010

 
$
14,634
Troubled Debt Restructurings on Financing Receivables
During the three months ended March 31, 2016 and 2015, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDR's.
 
 
 
 
2016
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
3,584

 
$
5,593

 
$
683

 
$
9,860

    Added
 
—

 
80

 
88

 
168

    Charged Off
 
—

 
(56
)
 
(20
)
 
(76
)
    Payments
 
(55
)
 
(332
)
 
(56
)
 
(443
)
March 31,
 
$
3,529

 
$
5,285

 
$
695

 
$
9,509

 
 
 
 
2015
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
8,955

 
$
5,189

 
$
614

 
$
14,758

    Added
 
—

 
579

 
49

 
628

    Charged Off
 
—

 
(62
)
 
(40
)
 
(102
)
    Payments
 
(120
)
 
(88
)
 
(48
)
 
(256
)
March 31,
 
$
8,835

 
$
5,618

 
$
575

 
$
15,028

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aging of recorded investment in loans by past due category and class of loans
The following tables presents the aging of the recorded investment in loans by past due category and class of loans.  
 
 
March 31, 2016
 
 
30-59 Days
 
60-89 Days
 
Greater
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
412

 
$
483

 
$
1,290

 
$
2,185

 
$
478,929

 
$
481,114

Farmland
 
15

 
—

 
—

 
15

 
110,157

 
110,172

Non Farm, Non Residential
 
193

 
6

 
288

 
487

 
209,322

 
209,809

Agriculture
 
194

 
207

 
310

 
711

 
125,988

 
126,699

All Other Commercial
 
219

 
19

 
24

 
262

 
125,282

 
125,544

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
3,346

 
168

 
1,768

 
5,282

 
283,242

 
288,524

Home Equity
 
27

 
—

 
109

 
136

 
35,779

 
35,915

Junior Liens
 
167

 
4

 
189

 
360

 
33,310

 
33,670

Multifamily
 
93

 
—

 
—

 
93

 
71,140

 
71,233

All Other Residential
 
19

 
—

 
—

 
19

 
8,740

 
8,759

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
2,305

 
294

 
190

 
2,789

 
252,686

 
255,475

All Other Consumer
 
64

 
54

 
6

 
124

 
22,117

 
22,241

TOTAL
 
$
7,054

 
$
1,235

 
$
4,174

 
$
12,463

 
$
1,756,692

 
$
1,769,155

 
 
 
December 31, 2015
 
 
30-59 Days
 
60-89 Days
 
Greater
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
326

 
$
274

 
$
1,405

 
$
2,005

 
$
476,984

 
$
478,989

Farmland
 
135

 
—

 
—

 
135

 
106,725

 
106,860

Non Farm, Non Residential
 
1,824

 
90

 
310

 
2,224

 
206,844

 
209,068

Agriculture
 
65

 
38

 
324

 
427

 
143,116

 
143,543

All Other Commercial
 
25

 
32

 
—

 
57

 
111,484

 
111,541

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
4,960

 
1,181

 
1,671

 
7,812

 
285,913

 
293,725

Home Equity
 
85

 
23

 
114

 
222

 
37,502

 
37,724

Junior Liens
 
179

 
29

 
177

 
385

 
32,876

 
33,261

Multifamily
 
—

 
—

 
—

 
—

 
70,735

 
70,735

All Other Residential
 
15

 
—

 
—

 
15

 
10,195

 
10,210

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
3,212

 
568

 
181

 
3,961

 
247,882

 
251,843

All Other Consumer
 
38

 
10

 
5

 
53

 
22,238

 
22,291

TOTAL
 
$
10,864

 
$
2,245

 
$
4,187

 
$
17,296

 
$
1,752,494

 
$
1,769,790
Analysis of risk category of loans by class of loans
Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. Loans listed as not rated are either less than $100 thousand or are included in groups of homogeneous loans. As of March 31, 2016 and December 31, 2015, and based on the most recent analysis performed, the risk category of loans by class of loans are as follows:
 
 
March 31, 2016
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
426,230

 
$
17,236

 
$
32,298

 
$
581

 
$
3,419

 
$
479,764

Farmland
 
92,090

 
8,054

 
8,496

 
—

 
15

 
108,655

Non Farm, Non Residential
 
181,758

 
8,363

 
19,234

 
—

 
—

 
209,355

Agriculture
 
102,904

 
10,015

 
11,787

 
26

 
186

 
124,918

All Other Commercial
 
112,941

 
262

 
9,560

 
101

 
2,043

 
124,907

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
96,680

 
3,405

 
9,171

 
619

 
177,738

 
287,613

Home Equity
 
10,445

 
360

 
911

 
10

 
24,136

 
35,862

Junior Liens
 
7,512

 
68

 
487

 
57

 
25,462

 
33,586

Multifamily
 
69,448

 
1,588

 
15

 
—

 
23

 
71,074

All Other Residential
 
449

 
—

 
23

 
—

 
8,266

 
8,738

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
10,342

 
307

 
550

 
—

 
243,145

 
254,344

All Other Consumer
 
2,868

 
47

 
116

 
12

 
19,084

 
22,127

TOTAL
 
$
1,113,667

 
$
49,705

 
$
92,648

 
$
1,406

 
$
503,517

 
$
1,760,943

 
 
December 31, 2015
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
417,880

 
$
20,422

 
$
32,778

 
$
757

 
$
5,638

 
$
477,475

Farmland
 
93,418

 
6,387

 
5,208

 
—

 
16

 
105,029

Non Farm, Non Residential
 
180,659

 
8,114

 
19,857

 
—

 
—

 
208,630

Agriculture
 
121,244

 
11,964

 
8,419

 
27

 
170

 
141,824

All Other Commercial
 
95,850

 
2,649

 
10,887

 
101

 
1,535

 
111,022

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
96,146

 
4,594

 
8,598

 
699

 
182,791

 
292,828

Home Equity
 
11,701

 
387

 
669

 
10

 
24,895

 
37,662

Junior Liens
 
7,493

 
86

 
505

 
58

 
25,033

 
33,175

Multifamily
 
68,972

 
1,602

 
—

 
—

 
23

 
70,597

All Other Residential
 
886

 
—

 
24

 
—

 
9,275

 
10,185

Consumer
 


 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
10,287

 
356

 
534

 
—

 
239,543

 
250,720

All Other Consumer
 
2,930

 
77

 
125

 
14

 
19,030

 
22,176

TOTAL
 
$
1,107,466

 
$
56,638

 
$
87,604

 
$
1,666

 
$
507,949

 
$
1,761,323