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Allowance for Loan Losses
 12 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Allowance for Loan Losses
Allowance for Loan Losses
(In Thousands, Except Number of Loans)
The following is a summary of non purchased and purchased loans and leases at December 31: 
 
2018
 
2017
Commercial, financial, agricultural
$
1,295,912

 
$
1,039,393

Lease financing
64,992

 
57,354

Real estate – construction
740,668

 
633,389

Real estate – 1-4 family mortgage
2,795,343

 
2,343,721

Real estate – commercial mortgage
4,051,509

 
3,427,530

Installment loans to individuals
137,832

 
122,276

Gross loans
9,086,256

 
7,623,663

Unearned income
(3,127
)
 
(3,341
)
Loans, net of unearned income
9,083,129

 
7,620,322

Allowance for loan losses
(49,026
)
 
(46,211
)
Net loans
$
9,034,103

 
$
7,574,111


Allowance for Loan Losses
The following table provides a roll-forward of the allowance for loan losses and a breakdown of the ending balance of the allowance based on the Company’s impairment methodology for the periods presented:
 
Commercial
 
Real Estate  -
Construction
 
Real Estate -
1-4 Family
Mortgage
 
Real Estate  -
Commercial
Mortgage
 
Installment
and Other(1)
 
Total
Year Ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
5,542

 
$
3,428

 
$
12,009

 
$
23,384

 
$
1,848

 
$
46,211

Charge-offs
(2,415
)
 
(51
)
 
(2,023
)
 
(1,197
)
 
(742
)
 
(6,428
)
Recoveries
618

 
13

 
573

 
1,108

 
121

 
2,433

Net charge-offs
(1,797
)
 
(38
)
 
(1,450
)
 
(89
)
 
(621
)
 
(3,995
)
Provision for loan losses charged to operations
4,524

 
1,365

 
(420
)
 
1,197

 
144

 
6,810

Ending balance
$
8,269

 
$
4,755

 
$
10,139

 
$
24,492

 
$
1,371

 
$
49,026

Period-End Amount Allocated to:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
336

 
$
68

 
$
79

 
$
1,027

 
$
4

 
$
1,514

Collectively evaluated for impairment
7,772

 
4,687

 
9,572

 
21,564

 
1,365

 
44,960

Purchased with deteriorated credit quality
161

 
—

 
488

 
1,901

 
2

 
2,552

Ending balance
$
8,269

 
$
4,755

 
$
10,139

 
$
24,492

 
$
1,371

 
$
49,026

 
Commercial
 
Real Estate  -
Construction
 
Real Estate -
1-4 Family
Mortgage
 
Real Estate  -
Commercial
Mortgage
 
Installment
and Other(1)
 
Total
Year Ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
5,486

 
$
2,380

 
$
14,294

 
$
19,059

 
$
1,518

 
$
42,737

Charge-offs
(2,874
)
 
—

 
(1,713
)
 
(1,791
)
 
(630
)
 
(7,008
)
Recoveries
422

 
105

 
733

 
1,565

 
107

 
2,932

Net charge-offs
(2,452
)
 
105

 
(980
)
 
(226
)
 
(523
)
 
(4,076
)
Provision for loan losses charged to operations
2,508

 
943

 
(1,305
)
 
4,551

 
853

 
7,550

Ending balance
$
5,542

 
$
3,428

 
$
12,009

 
$
23,384


$
1,848

 
$
46,211

Period-End Amount Allocated to:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
190

 
$
4

 
$
606

 
$
1,867

 
$
7

 
$
2,674

Collectively evaluated for impairment
5,040

 
3,424

 
10,831

 
20,625

 
1,840

 
41,760

Purchased with deteriorated credit quality
312

 
—

 
572

 
892

 
1

 
1,777

Ending balance
$
5,542

 
$
3,428

 
$
12,009

 
$
23,384

 
$
1,848

 
$
46,211

Year Ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
4,186

 
$
1,852

 
$
13,908

 
$
21,111

 
$
1,380

 
$
42,437

Charge-offs
(2,725
)
 
—

 
(3,906
)
 
(2,123
)
 
(717
)
 
(9,471
)
Recoveries
331

 
47

 
997

 
757

 
109

 
2,241

Net charge-offs
(2,394
)
 
47

 
(2,909
)
 
(1,366
)
 
(608
)
 
(7,230
)
Provision for loan losses
3,716

 
364

 
2,616

 
(879
)
 
787

 
6,604

Benefit attributable to FDIC loss share agreements
(61
)
 
—

 
(115
)
 
(48
)
 
(41
)
 
(265
)
Recoveries payable to FDIC
39

 
117

 
794

 
241

 
—

 
1,191

Provision for loan losses charged to operations
3,694

 
481

 
3,295

 
(686
)
 
746

 
7,530

Ending balance
$
5,486

 
$
2,380

 
$
14,294

 
$
19,059

 
$
1,518

 
$
42,737

Period-End Amount Allocated to:
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
446

 
$
1

 
$
1,134

 
$
2,445

 
$
115

 
$
4,141

Collectively evaluated for impairment
4,668

 
2,379

 
12,319

 
15,008

 
1,402

 
35,776

Purchased with deteriorated credit quality
372

 
—

 
841

 
1,606

 
1

 
2,820

Ending balance
$
5,486

 
$
2,380

 
$
14,294

 
$
19,059

 
$
1,518

 
$
42,737

 
 
 
 
 
 
 
 
 
 
 
 
(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, 2018
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
2,445

 
$
10,043

 
$
14,238

 
$
8,059

 
$
493

 
$
35,278

Collectively evaluated for impairment
1,264,324

 
730,625

 
2,732,862

 
3,903,012

 
194,774

 
8,825,597

Acquired with deteriorated credit quality
29,143

 
—

 
48,243

 
140,438

 
4,430

 
222,254

Ending balance
$
1,295,912

 
$
740,668

 
$
2,795,343

 
$
4,051,509

 
$
199,697

 
$
9,083,129

December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
3,064

 
$
1,777

 
$
14,482

 
$
10,545

 
$
439

 
$
30,307

Collectively evaluated for impairment
1,021,014

 
631,612

 
2,275,270

 
3,260,648

 
174,211

 
7,362,755

Acquired with deteriorated credit quality
15,315

 
—

 
53,969

 
156,337

 
1,639

 
227,260

Ending balance
$
1,039,393

 
$
633,389

 
$
2,343,721

 
$
3,427,530

 
$
176,289

 
$
7,620,322

(1)
Includes lease financing receivables.