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Purchased Loans (Tables)
 12 Months Ended
Dec. 31, 2016
Receivables [Abstract]  
Summary of loans
The following is a summary of non purchased loans and leases at December 31: 
 
2016
 
2015
Commercial, financial, agricultural
$
589,290

 
$
485,407

Lease financing
49,250

 
35,978

Real estate – construction
483,926

 
291,701

Real estate – 1-4 family mortgage
1,425,730

 
1,204,228

Real estate – commercial mortgage
2,075,137

 
1,729,049

Installment loans to individuals
92,648

 
85,234

Gross loans
4,715,981

 
3,831,597

Unearned income
(2,409
)
 
(1,163
)
Loans, net of unearned income
4,713,572

 
3,830,434

The following is a summary of purchased loans at December 31: 
 
2016
 
2015
Commercial, financial, agricultural
$
128,200

 
$
151,430

Lease financing
—

 
—

Real estate – construction
68,753

 
65,964

Real estate – 1-4 family mortgage
452,447

 
531,095

Real estate – commercial mortgage
823,758

 
804,680

Installment loans to individuals
15,979

 
29,859

Gross loans
1,489,137

 
1,583,028

Unearned income
—

 
—

Loans, net of unearned income
1,489,137

 
1,583,028

The following is a summary of non purchased and purchased loans and leases at December 31: 
 
2016
 
2015
Commercial, financial, agricultural
$
717,490

 
$
636,837

Lease financing
49,250

 
35,978

Real estate – construction
552,679

 
357,665

Real estate – 1-4 family mortgage
1,878,177

 
1,735,323

Real estate – commercial mortgage
2,898,895

 
2,533,729

Installment loans to individuals
108,627

 
115,093

Gross loans
6,205,118

 
5,414,625

Unearned income
(2,409
)
 
(1,163
)
Loans, net of unearned income
6,202,709

 
5,413,462

Allowance for loan losses
(42,737
)
 
(42,437
)
Net loans
$
6,159,972

 
$
5,371,025
Past due and nonaccrual loans
The following table provides an aging of past due and nonaccrual loans, segregated by class, as of the dates presented:
 
Accruing Loans
 
Nonaccruing Loans
 
30-89 Days
Past Due
 
90 Days
or More
Past Due
 
Current
Loans
 
Total
Loans
 
30-89 Days
Past Due
 
90 Days
or More
Past Due
 
Current
Loans
 
Total
Loans
 
Total
Loans
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
811

 
$
720

 
$
586,730

 
$
588,261

 
$
—

 
$
932

 
$
97

 
$
1,029

 
$
589,290

Lease financing
193

 
—

 
48,919

 
49,112

 
—

 
138

 
—

 
138

 
49,250

Real estate – construction
995

 
—

 
482,931

 
483,926

 
—

 
—

 
—

 
—

 
483,926

Real estate – 1-4 family mortgage
6,189

 
1,136

 
1,414,254

 
1,421,579

 
161

 
1,222

 
2,768

 
4,151

 
1,425,730

Real estate – commercial mortgage
2,283

 
99

 
2,066,821

 
2,069,203

 
580

 
2,778

 
2,576

 
5,934

 
2,075,137

Installment loans to individuals
324

 
124

 
92,179

 
92,627

 
—

 
21

 
—

 
21

 
92,648

Unearned income
—

 
—

 
(2,409
)
 
(2,409
)
 
—

 
—

 
—

 
—

 
(2,409
)
Total
$
10,795

 
$
2,079

 
$
4,689,425

 
$
4,702,299

 
$
741

 
$
5,091

 
$
5,441

 
$
11,273

 
$
4,713,572

December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
176

 
$
38

 
$
485,095

 
$
485,309

 
$
30

 
$
68

 
$
—

 
$
98

 
$
485,407

Lease financing
—

 
—

 
35,978

 
35,978

 
—

 
—

 
—

 
—

 
35,978

Real estate – construction
68

 
—

 
291,633

 
291,701

 
—

 
—

 
—

 
—

 
291,701

Real estate – 1-4 family mortgage
4,461

 
807

 
1,192,318

 
1,197,586

 
370

 
1,857

 
4,415

 
6,642

 
1,204,228

Real estate – commercial mortgage
2,391

 
425

 
1,719,329

 
1,722,145

 
568

 
1,668

 
4,668

 
6,904

 
1,729,049

Installment loans to individuals
167

 
56

 
85,011

 
85,234

 
—

 
—

 
—

 
—

 
85,234

Unearned income
—

 
—

 
(1,163
)
 
(1,163
)
 
—

 
—

 
—

 
—

 
(1,163
)
Total
$
7,263

 
$
1,326

 
$
3,808,201

 
$
3,816,790

 
$
968

 
$
3,593

 
$
9,083

 
$
13,644

 
$
3,830,434

The following table provides an aging of past due and nonaccrual loans, segregated by class, as of the dates presented:
 
Accruing Loans
 
Nonaccruing Loans
 
30-89 Days
Past Due
 
90 Days
or More
Past Due
 
Current
Loans
 
Total
Loans
 
30-89 Days
Past Due
 
90 Days
or More
Past Due
 
Current
Loans
 
Total
Loans
 
Total
Loans
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
823

 
$
990

 
$
125,417

 
$
127,230

 
$
260

 
$
381

 
$
329

 
$
970

 
$
128,200

Lease financing
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Real estate – construction
527

 
321

 
67,760

 
68,608

 
—

 
145

 
—

 
145

 
68,753

Real estate – 1-4 family mortgage
4,572

 
3,382

 
440,258

 
448,212

 
417

 
2,047

 
1,771

 
4,235

 
452,447

Real estate – commercial mortgage
3,045

 
6,112

 
808,886

 
818,043

 
—

 
2,661

 
3,054

 
5,715

 
823,758

Installment loans to individuals
96

 
10

 
15,591

 
15,697

 
—

 
156

 
126

 
282

 
15,979

Unearned income
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
$
9,063

 
$
10,815

 
$
1,457,912

 
$
1,477,790

 
$
677

 
$
5,390

 
$
5,280

 
$
11,347

 
$
1,489,137

December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
1,120

 
$
1,039

 
$
148,942

 
$
151,101

 
$
—

 
$
65

 
$
264

 
$
329

 
$
151,430

Lease financing
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Real estate – construction
—

 
176

 
65,788

 
65,964

 
—

 
—

 
—

 
—

 
65,964

Real estate – 1-4 family mortgage
4,735

 
5,650

 
514,912

 
525,297

 
158

 
1,806

 
3,834

 
5,798

 
531,095

Real estate – commercial mortgage
2,458

 
8,156

 
784,863

 
795,477

 
—

 
595

 
8,608

 
9,203

 
804,680

Installment loans to individuals
94

 
46

 
29,659

 
29,799

 
—

 
53

 
7

 
60

 
29,859

Unearned income
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
$
8,407

 
$
15,067

 
$
1,544,164

 
$
1,567,638

 
$
158

 
$
2,519

 
$
12,713

 
$
15,390

 
$
1,583,028
Impaired loans
Impaired loans recognized in conformity with ASC 310-20, segregated by class, were as follows as of the dates and periods presented: 
 
As of December 31, 2016
 
Year Ended December 31, 2016
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
1,175

 
$
1,539

 
$
136

 
$
856

 
$
28

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
517

 
517

 
1

 
469

 
26

Real estate – 1-4 family mortgage
9,207

 
10,823

 
1,091

 
9,603

 
225

Real estate – commercial mortgage
10,053

 
13,667

 
2,397

 
11,180

 
305

Installment loans to individuals
87

 
87

 
1

 
98

 
2

Total
$
21,039

 
$
26,633

 
$
3,626

 
$
22,206

 
$
586

With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
—

 
$
38

 
$
—

 
$
24

 
$
—

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
—

 
—

 
—

 
—

 
—

Real estate – 1-4 family mortgage
—

 
—

 
—

 
41

 
—

Real estate – commercial mortgage
568

 
1,340

 
—

 
938

 
38

Installment loans to individuals
—

 
—

 
—

 
—

 
—

Total
$
568

 
$
1,378

 
$
—

 
$
1,003

 
$
38

Totals
$
21,607

 
$
28,011

 
$
3,626

 
$
23,209

 
$
624

 
As of December 31, 2015
 
Year Ended December 31, 2015
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
344

 
$
531

 
$
6

 
$
508

 
$
17

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
—

 
—

 
—

 
—

 
—

Real estate – 1-4 family mortgage
15,995

 
17,518

 
4,474

 
16,751

 
366

Real estate – commercial mortgage
15,626

 
18,918

 
2,906

 
17,059

 
469

Installment loans to individuals
67

 
67

 
—

 
67

 
2

Total
$
32,032

 
$
37,034

 
$
7,386

 
$
34,385

 
$
854

With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
12

 
$
760

 
$
—

 
$
43

 
$
—

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
—

 
—

 
—

 
—

 
—

Real estate – 1-4 family mortgage
—

 
—

 
—

 
—

 
—

Real estate – commercial mortgage
—

 
—

 
—

 
—

 
—

Installment loans to individuals
—

 
—

 
—

 
—

 
—

Total
$
12

 
$
760

 
$
—

 
$
43

 
$
—

Totals
$
32,044

 
$
37,794

 
$
7,386

 
$
34,428

 
$
854

Purchased non credit deteriorated loans that were subsequently impaired and recognized in conformity with ASC 310-20, segregated by class, were as follows as of the dates and periods presented: 
 
As of December 31, 2016
 
Year Ended December 31, 2016
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
487

 
$
503

 
$
310

 
$
500

 
$
2

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
145

 
147

 
—

 
148

 
—

Real estate – 1-4 family mortgage
1,496

 
1,538

 
43

 
1,535

 
7

Real estate – commercial mortgage
2,275

 
2,299

 
48

 
2,273

 
111

Installment loans to individuals
135

 
159

 
114

 
161

 
—

Total
$
4,538

 
$
4,646

 
$
515

 
$
4,617

 
$
120

With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
224

 
$
229

 
$
—

 
$
172

 
$
4

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
—

 
—

 
—

 
—

 
—

Real estate – 1-4 family mortgage
1,385

 
1,557

 
—

 
1,550

 
33

Real estate – commercial mortgage
183

 
186

 
—

 
194

 
11

Installment loans to individuals
55

 
56

 
—

 
61

 
—

Total
$
1,847

 
$
2,028

 
$
—

 
$
1,977

 
$
48

Totals
$
6,385

 
$
6,674

 
$
515

 
$
6,594

 
$
168

 
As of December 31, 2015
 
Year Ended December 31, 2015
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
14

 
$
17

 
$
—

 
$
18

 
$
—

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
2,698

 
2,710

 
20

 
899

 
78

Real estate – 1-4 family mortgage
655

 
675

 
1

 
712

 
28

Real estate – commercial mortgage
1,193

 
1,251

 
193

 
1,223

 
19

Installment loans to individuals
23

 
23

 
—

 
8

 
—

Total
$
4,583

 
$
4,676

 
$
214

 
$
2,860

 
$
125

With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
—

 
—

 
—

 
—

 
—

Real estate – 1-4 family mortgage
—

 
—

 
—

 
—

 
—

Real estate – commercial mortgage
—

 
—

 
—

 
—

 
—

Installment loans to individuals
—

 
—

 
—

 
—

 
—

Total
$
—

 
$
—

 
$
—

 
$
—

 
$
—

Totals
$
4,583

 
$
4,676

 
$
214

 
$
2,860

 
$
125
Purchased credit deteriorated loans
Purchased credit deteriorated loans recognized in conformity with ASC 310-30, segregated by class, were as follows as of the dates and periods presented: 
 
As of December 31, 2016
 
Year Ended December 31, 2016
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
4,555

 
$
5,038

 
$
372

 
$
4,728

 
$
207

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
—

 
—

 
—

 
—

 
—

Real estate – 1-4 family mortgage
21,887

 
23,128

 
841

 
23,021

 
1,015

Real estate – commercial mortgage
62,449

 
70,970

 
1,606

 
62,759

 
2,674

Installment loans to individuals
366

 
368

 
1

 
382

 
13

Total
$
89,257

 
$
99,504

 
$
2,820

 
$
90,890

 
$
3,909

With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
7,439

 
$
15,659

 
$
—

 
$
10,304

 
$
819

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
840

 
1,141

 
—

 
648

 
38

Real estate – 1-4 family mortgage
50,065

 
63,597

 
—

 
64,306

 
2,636

Real estate – commercial mortgage
122,538

 
158,105

 
—

 
149,917

 
7,053

Installment loans to individuals
1,619

 
2,098

 
—

 
1,967

 
77

Total
$
182,501

 
$
240,600

 
$
—

 
$
227,142

 
$
10,623

Totals
$
271,758

 
$
340,104

 
$
2,820

 
$
318,032

 
$
14,532

 
As of December 31, 2015
 
Year Ended December 31, 2015
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With a related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
5,197

 
$
5,694

 
$
353

 
$
4,774

 
$
212

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
—

 
—

 
—

 
—

 
—

Real estate – 1-4 family mortgage
15,702

 
16,002

 
256

 
15,498

 
799

Real estate – commercial mortgage
53,762

 
57,950

 
1,096

 
56,548

 
2,667

Installment loans to individuals
400

 
694

 
1

 
416

 
13

Total
$
75,061

 
$
80,340

 
$
1,706

 
$
77,236

 
$
3,691

With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
11,292

 
$
21,355

 
$
—

 
$
10,830

 
$
1,106

Lease financing
—

 
—

 
—

 
—

 
—

Real estate – construction
2,749

 
2,916

 
—

 
1,114

 
108

Real estate – 1-4 family mortgage
75,947

 
93,291

 
—

 
82,562

 
3,258

Real estate – commercial mortgage
168,848

 
229,871

 
—

 
180,326

 
9,546

Installment loans to individuals
2,268

 
2,738

 
—

 
2,942

 
119

Total
$
261,104

 
$
350,171

 
$
—

 
$
277,774

 
$
14,137

Totals
$
336,165

 
$
430,511

 
$
1,706

 
$
355,010

 
$
17,828
Restructured loans
The following table presents restructured loans segregated by class as of the dates presented:
 
Number of
Loans
 
Pre-Modification
Outstanding
Recorded
Investment
 
Post-Modification
Outstanding
Recorded
Investment
December 31, 2016
 
 
 
 
 
Commercial, financial, agricultural
—

 
$
—

 
$
—

Lease financing
—

 
—

 
—

Real estate – construction
1

 
510

 
518

Real estate – 1-4 family mortgage
43

 
4,498

 
4,105

Real estate – commercial mortgage
8

 
4,324

 
2,758

Installment loans to individuals
1

 
66

 
66

Total
53

 
$
9,398

 
$
7,447

December 31, 2015
 
 
 
 
 
Commercial, financial, agricultural
1

 
$
257

 
$
257

Lease financing
—

 
—

 
—

Real estate – construction
—

 
—

 
—

Real estate – 1-4 family mortgage
46

 
5,249

 
4,754

Real estate – commercial mortgage
11

 
6,365

 
5,174

Installment loans to individuals
1

 
67

 
67

Total
59

 
$
11,938

 
$
10,252

The following table presents restructured loans segregated by class as of the dates presented: 
 
Number of
Loans
 
Pre-Modification
Outstanding
Recorded
Investment
 
Post-Modification
Outstanding
Recorded
Investment
December 31, 2016
 
 
 
 
 
Commercial, financial, agricultural
1

 
$
41

 
$
17

Lease financing
—

 
—

 
—

Real estate – construction
—

 
—

 
—

Real estate – 1-4 family mortgage
30

 
2,754

 
2,081

Real estate – commercial mortgage
11

 
2,641

 
1,930

Installment loans to individuals
—

 
—

 
—

Total
42

 
$
5,436

 
$
4,028

December 31, 2015
 
 
 
 
 
Commercial, financial, agricultural
—

 
$
—

 
$
—

Lease financing
—

 
—

 
—

Real estate – construction
—

 
—

 
—

Real estate – 1-4 family mortgage
17

 
1,339

 
1,024

Real estate – commercial mortgage
9

 
2,658

 
2,177

Installment loans to individuals
—

 
—

 
—

Total
26

 
$
3,997

 
$
3,201
Changes in restructured loans
Changes in the Company’s restructured loans are set forth in the table below.
 
Number of
Loans
 
Recorded
Investment
Totals at January 1, 2015
49

 
$
13,879

Additional loans with concessions
39

 
10,077

Reductions due to:
 
 
 
Reclassified as nonperforming
(6
)
 
(2,870
)
Paid in full
(21
)
 
(8,127
)
Charge-offs
(1
)
 
(56
)
Transfer to other real estate owned
—

 
—

Principal paydowns
—

 
(428
)
Lapse of concession period
—

 
—

       TDR reclassified as performing loan
(1
)
 
$
(2,223
)
Totals at December 31, 2015
59

 
$
10,252

Additional loans with concessions
16

 
2,075

Reductions due to:
 
 
 
Reclassified as nonperforming
(4
)
 
(1,406
)
Paid in full
(16
)
 
(2,233
)
Charge-offs
(1
)
 
(275
)
Transfer to other real estate owned
(1
)
 
(51
)
Principal paydowns
—

 
(915
)
Lapse of concession period
—

 
—

       TDR reclassified as performing loan
—

 
$
—

Totals at December 31, 2016
53

 
$
7,447

Changes in the Company’s restructured loans are set forth in the table below.
 
Number of
Loans
 
Recorded
Investment
Totals at January 1, 2015
4

 
$
458

Additional loans with concessions
23

 
3,341

Reductions due to:

 
 
Reclassified as nonperforming
(1
)
 
(275
)
Paid in full
—

 
—

Charge-offs
—

 
—

Transfer to other real estate owned
—

 
—

Principal paydowns
—

 
(323
)
Lapse of concession period
—

 
—

       TDR reclassified as performing loan
—

 
$
—

Totals at December 31, 2015
26

 
$
3,201

Additional loans with concessions
25

 
2,472

Reductions due to:
 
 
 
Reclassified as nonperforming
(4
)
 
(216
)
Paid in full
(5
)
 
(1,297
)
Charge-offs
—

 
—

Transfer to other real estate owned
—

 
—

Principal paydowns
—

 
(132
)
Lapse of concession period
—

 
—

       TDR reclassified as performing loan
—

 
$
—

Totals at December 31, 2016
42

 
$
4,028
Loan portfolio by risk-rating grades
The following table presents the Company’s loan portfolio by risk-rating grades as of the dates presented:
 
 
Pass
 
Watch
 
Substandard
 
Total
December 31, 2016
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
434,323

 
$
4,531

 
$
850

 
$
439,704

Real estate – construction
402,156

 
393

 
—

 
402,549

Real estate – 1-4 family mortgage
190,882

 
3,374

 
6,129

 
200,385

Real estate – commercial mortgage
1,734,523

 
18,118

 
13,088

 
1,765,729

Installment loans to individuals
—

 
—

 
—

 
—

Total
$
2,761,884

 
$
26,416

 
$
20,067

 
$
2,808,367

December 31, 2015
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
336,583

 
$
8,146

 
$
690

 
$
345,419

Real estate – construction
223,962

 
483

 
—

 
224,445

Real estate – 1-4 family mortgage
138,852

 
5,163

 
11,688

 
155,703

Real estate – commercial mortgage
1,406,188

 
22,142

 
18,964

 
1,447,294

Installment loans to individuals
52

 
—

 
5

 
57

Total
$
2,105,637

 
$
35,934

 
$
31,347

 
$
2,172,918

The following table presents the Company’s loan portfolio by risk-rating grades as of the dates presented:
 
Pass
 
Watch
 
Substandard
 
Total
December 31, 2016
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
102,777

 
$
2,370

 
$
1,491

 
$
106,638

Real estate – construction
61,206

 
2,640

 
—

 
63,846

Real estate – 1-4 family mortgage
105,265

 
7,665

 
364

 
113,294

Real estate – commercial mortgage
608,192

 
8,445

 
723

 
617,360

Installment loans to individuals
—

 
—

 
114

 
114

Total
$
877,440

 
$
21,120

 
$
2,692

 
$
901,252

December 31, 2015
 
 
 
 
 
 
 
Commercial, financial, agricultural
$
128,602

 
$
352

 
$
1,044

 
$
129,998

Real estate – construction
49,436

 
—

 
—

 
49,436

Real estate – 1-4 family mortgage
136,417

 
4,549

 
3,772

 
144,738

Real estate – commercial mortgage
562,164

 
5,033

 
1,719

 
568,916

Installment loans to individuals
—

 
—

 
—

 
—

Total
$
876,619

 
$
9,934

 
$
6,535

 
$
893,088
Loan portfolio not subject to risk rating
The following table presents the performing status of the Company’s loan portfolio not subject to risk rating as of the dates presented:
 
Performing
 
Non-Performing
 
Total
December 31, 2016
 
 
 
 
 
Commercial, financial, agricultural
$
148,499

 
$
1,087

 
$
149,586

Lease financing
46,703

 
138

 
46,841

Real estate – construction
81,377

 
—

 
81,377

Real estate – 1-4 family mortgage
1,222,816

 
2,529

 
1,225,345

Real estate – commercial mortgage
308,609

 
799

 
309,408

Installment loans to individuals
92,504

 
144

 
92,648

Total
$
1,900,508

 
$
4,697

 
$
1,905,205

December 31, 2015
 
 
 
 
 
Commercial, financial, agricultural
$
139,895

 
$
93

 
$
139,988

Lease financing
34,815

 
—

 
34,815

Real estate – construction
67,256

 
—

 
67,256

Real estate – 1-4 family mortgage
1,046,100

 
2,425

 
1,048,525

Real estate – commercial mortgage
280,888

 
867

 
281,755

Installment loans to individuals
85,121

 
56

 
85,177

Total
$
1,654,075

 
$
3,441

 
$
1,657,516

The following table presents the performing status of the Company’s loan portfolio not subject to risk rating as of the dates presented:
 
Performing
 
Non-Performing
 
Total
December 31, 2016
 
 
 
 
 
Commercial, financial, agricultural
$
9,489

 
$
79

 
$
9,568

Lease financing
—

 
—

 
—

Real estate – construction
3,601

5

466

 
4,067

Real estate – 1-4 family mortgage
265,697

 
1,504

 
267,201

Real estate – commercial mortgage
21,353

 
58

 
21,411

Installment loans to individuals
13,712

 
168

 
13,880

Total
$
313,852

 
$
2,275

 
$
316,127

December 31, 2015
 
 
 
 
 
Commercial, financial, agricultural
$
4,943

 
$
—

 
$
4,943

Lease financing
—

 
—

 
—

Real estate – construction
13,779

 
—

 
13,779

Real estate – 1-4 family mortgage
294,256

 
452

 
294,708

Real estate – commercial mortgage
13,154

 
—

 
13,154

Installment loans to individuals
27,153

 
38

 
27,191

Total
$
353,285

 
$
490

 
$
353,775
Loans acquired with deteriorated credit quality
Loans purchased in business combinations that exhibited, at the date of acquisition, evidence of deterioration of the credit quality since origination, such that it was probable that all contractually required payments would not be collected, were as follows as of the dates presented: 
 
Total Purchased Credit Deteriorated Loans
December 31, 2016
 
Commercial, financial, agricultural
$
11,994

Lease financing
—

Real estate – construction
840

Real estate – 1-4 family mortgage
71,952

Real estate – commercial mortgage
184,987

Installment loans to individuals
1,985

Total
$
271,758

December 31, 2015
 
Commercial, financial, agricultural
$
16,489

Lease financing
—

Real estate – construction
2,749

Real estate – 1-4 family mortgage
91,649

Real estate – commercial mortgage
222,610

Installment loans to individuals
2,668

Total
$
336,165
Fair value of loans determined to be impaired and not to be impaired at the time of acquisition
The following table presents the fair value of loans determined to be impaired at the time of acquisition: 
 
Total Purchased Credit Deteriorated Loans
December 31, 2016
 
Contractually-required principal and interest
$
389,798

Nonaccretable difference(1)
(81,714
)
Cash flows expected to be collected
308,084

Accretable yield(2)
(36,326
)
Fair value
$
271,758

December 31, 2015
 
Contractually-required principal and interest
$
467,777

Nonaccretable difference(1)
(83,320
)
Cash flows expected to be collected
384,457

Accretable yield(2)
(48,292
)
Fair value
$
336,165

(1) 
Represents contractual principal cash flows of $81,673 and $83,078, respectively, and interest cash flows of $41 and $241, respectively, not expected to be collected.
(2) 
Represents contractual interest payments expected to be collected of $1,776 and $2,312, respectively, and purchase discounts of $34,550 and $45,980, respectively.
The following table presents the fair value of loans purchased from KeyWorth as of the April 1, 2016 acquisition date.
At acquisition date:
 
April 1, 2016
  Contractually-required principal and interest
 
$
289,495

  Nonaccretable difference
 
3,848

  Cash flows expected to be collected
 
285,647

  Accretable yield
 
13,317

      Fair value
 
$
272,330
Changes in accretable yield of loans acquired with deteriorated credit quality
Changes in the accretable yield of loans purchased with deteriorated credit quality were as follows:
 
Total Purchased Credit Deteriorated Loans
Balance at January 1, 2015
$
(32,433
)
Additions through acquisition
(28,046
)
Reclasses from nonaccretable difference
(6,617
)
Accretion
17,212

Charge-off
1,592

Balance at December 31, 2015
$
(48,292
)
Additions through acquisition
(4,037
)
Reclasses from nonaccretable difference
(950
)
Accretion
14,711

Charge-off
2,242

Balance at December 31, 2016
$
(36,326
)
Investment in loans, net of unearned income on impairment methodology
The following table provides the recorded investment in loans, net of unearned income, based on the Company’s impairment methodology as of the dates presented:
 
Commercial
 
Real Estate  -
Construction
 
Real Estate -
1-4 Family
Mortgage
 
Real Estate  -
Commercial
Mortgage
 
Installment
and Other(1)
 
Total
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
487

 
$
145

 
$
1,496

 
$
2,275

 
$
135

 
$
4,538

Collectively evaluated for impairment
115,719

 
67,768

 
378,999

 
636,496

 
13,859

 
1,212,841

Acquired with deteriorated credit quality
11,994

 
840

 
71,952

 
184,987

 
1,985

 
271,758

Ending balance
$
128,200

 
$
68,753

 
$
452,447

 
$
823,758

 
$
15,979

 
$
1,489,137

December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
14

 
$
2,698

 
$
655

 
$
1,193

 
$
23

 
$
4,583

Collectively evaluated for impairment
134,927

 
60,517

 
438,791

 
580,877

 
27,168

 
1,242,280

Acquired with deteriorated credit quality
16,489

 
2,749

 
91,649

 
222,610

 
2,668

 
336,165

Ending balance
$
151,430

 
$
65,964

 
$
531,095

 
$
804,680

 
$
29,859

 
$
1,583,028

(1) 
Includes lease financing receivables.
The following table provides the recorded investment in loans, net of unearned income, based on the Company’s impairment methodology as of the dates presented:
 
Commercial
 
Real Estate  -
Construction
 
Real Estate -
1-4 Family
Mortgage
 
Real Estate  -
Commercial
Mortgage
 
Installment
and Other(1)
 
Total
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
1,886

 
$
662

 
$
12,088

 
$
13,079

 
$
277

 
$
27,992

Collectively evaluated for impairment
703,610

 
551,177

 
1,794,137

 
2,700,829

 
153,206

 
5,902,959

Acquired with deteriorated credit quality
11,994

 
840

 
71,952

 
184,987

 
1,985

 
271,758

Ending balance
$
717,490

 
$
552,679

 
$
1,878,177

 
$
2,898,895

 
$
155,468

 
$
6,202,709

December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
370

 
$
2,698

 
$
16,650

 
$
16,819

 
$
90

 
$
36,627

Collectively evaluated for impairment
619,978

 
352,218

 
1,627,024

 
2,294,300

 
147,150

 
5,040,670

Acquired with deteriorated credit quality
16,489

 
2,749

 
91,649

 
222,610

 
2,668

 
336,165

Ending balance
$
636,837

 
$
357,665

 
$
1,735,323

 
$
2,533,729

 
$
149,908

 
$
5,413,462

(1) 
Includes lease financing receivables.