Loans

12 Months Ended

Dec. 31, 2022

Receivables [Abstract]

Loans

Loans

(In Thousands, Except Number of Loans)

The following is a summary of loans and leases, excluding loans held for sale, at December 31: 

	2022		2021
Commercial, financial, agricultural	$	1,673,883	$	1,423,270
Lease financing	122,167		80,192
Real estate – construction:
Residential	355,500		302,275
Commercial	974,837		802,621
Total real estate – construction	1,330,337		1,104,896
Real estate – 1-4 family mortgage:
Primary	2,222,856		1,816,120
Home equity	501,906		474,604
Rental/investment	334,382		288,474
Land development	157,119		145,048
Total real estate – 1-4 family mortgage	3,216,263		2,724,246
Real estate – commercial mortgage:
Owner-occupied	1,539,296		1,563,351
Non-owner occupied	3,452,910		2,856,947
Land development	125,857		128,739
Total real estate – commercial mortgage	5,118,063		4,549,037
Installment loans to individuals	124,745		143,340
Gross loans	11,585,458		10,024,981
Unearned income	(7,154)		(4,067)
Loans, net of unearned income	$	11,578,304	$	10,020,914

Past Due and Nonaccrual Loans

The following tables provide 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, 2022
Commercial, financial, agricultural	$	1,303	$	69	$	1,660,037	$	1,661,409	$	18	$	2,373	$	10,083	$	12,474	$	1,673,883
Lease financing	—		—		122,167		122,167		—		—		—		—		122,167
Real estate – construction:
Residential	49		—		355,374		355,423		—		—		77		77		355,500
Commercial	8,525		—		966,312		974,837		—		—		—		—		974,837
Total real estate – construction	8,574		—		1,321,686		1,330,260		—		—		77		77		1,330,337
Real estate – 1-4 family mortgage:
Primary	28,198		—		2,164,582		2,192,780		6,015		12,503		11,558		30,076		2,222,856
Home equity	5,376		—		494,621		499,997		450		754		705		1,909		501,906
Rental/investment	720		38		332,648		333,406		20		331		625		976		334,382
Land development	174		—		156,863		157,037		46		36		—		82		157,119
Total real estate – 1-4 family mortgage	34,468		38		3,148,714		3,183,220		6,531		13,624		12,888		33,043		3,216,263
Real estate – commercial mortgage:
Owner-occupied	8,557		219		1,525,240		1,534,016		1,495		2,244		1,541		5,280		1,539,296
Non-owner occupied	3,521		—		3,444,047		3,447,568		5,304		—		38		5,342		3,452,910
Land development	279		—		125,507		125,786		—		40		31		71		125,857
Total real estate – commercial mortgage	12,357		219		5,094,794		5,107,370		6,799		2,284		1,610		10,693		5,118,063
Installment loans to individuals	2,001		5		122,481		124,487		38		100		120		258		124,745
Unearned income	—		—		(7,154)		(7,154)		—		—		—		—		(7,154)
Loans, net of unearned income	$	58,703	$	331	$	11,462,725	$	11,521,759	$	13,386	$	18,381	$	24,778	$	56,545	$	11,578,304

	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, 2021
Commercial, financial, agricultural	$	3,447	$	103	$	1,406,692	$	1,410,242	$	1,711	$	4,283	$	7,034	$	13,028	$	1,423,270
Lease financing	—		—		80,181		80,181		—		11		—		11		80,192
Real estate – construction:
Residential	1,077		—		301,198		302,275		—		—		—		—		302,275
Commercial	—		—		802,621		802,621		—		—		—		—		802,621
Total real estate – construction	1,077		—		1,103,819		1,104,896		—		—		—		—		1,104,896
Real estate – 1-4 family mortgage:
Primary	15,827		425		1,780,760		1,797,012		2,177		10,420		6,511		19,108		1,816,120
Home equity	1,617		—		471,268		472,885		182		919		618		1,719		474,604
Rental/investment	421		445		286,458		287,324		26		771		353		1,150		288,474
Land development	431		—		144,360		144,791		—		65		192		257		145,048
Total real estate – 1-4 family mortgage	18,296		870		2,682,846		2,702,012		2,385		12,175		7,674		22,234		2,724,246
Real estate – commercial mortgage:
Owner-occupied	2,231		359		1,556,081		1,558,671		163		1,111		3,406		4,680		1,563,351
Non-owner occupied	260		89		2,848,152		2,848,501		—		—		8,446		8,446		2,856,947
Land development	476		—		127,793		128,269		—		292		178		470		128,739
Total real estate – commercial mortgage	2,967		448		4,532,026		4,535,441		163		1,403		12,030		13,596		4,549,037
Installment loans to individuals	1,817		20		141,008		142,845		45		106		344		495		143,340
Unearned income	—		—		(4,067)		(4,067)		—		—		—		—		(4,067)
Loans, net of unearned income	$	27,604	$	1,441	$	9,942,505	$	9,971,550	$	4,304	$	17,978	$	27,082	$	49,364	$	10,020,914

There were no restructured loans that were contractually 90 days past due or more and still accruing at December 31, 2022. There was one restructured loan totaling $36 that was contractually 90 days past due or more and still accruing at December 31, 2021. The outstanding balance of restructured loans on nonaccrual status was $20,765 and $25,702 at December 31, 2022 and 2021, respectively.

Restructured Loans

At December 31, 2022, 2021 and 2020, there were $22,624, $20,259 and $20,448, respectively, of restructured loans. The following table illustrates the impact of modifications classified as restructured loans held on the Consolidated Balance Sheets and still performing in accordance with their restructured terms at period end, segregated by class, as of the periods presented.

	Number of Loans	Pre-Modification Outstanding Amortized Cost		Post-Modification Outstanding Amortized Cost
December 31, 2022
Commercial, financial, agricultural	1	$	113	$	114
Real estate – 1-4 family mortgage:
Primary	20	3,061		3,086
Land development	3	98		94
Total real estate – 1-4 family mortgage	23	3,159		3,180
Real estate – commercial mortgage:
Owner-occupied	1	246		246
Non-owner occupied	1	6,500		6,500
Total real estate – commercial mortgage	2	6,746		6,746
Total	26	$	10,018	$	10,040
December 31, 2021
Commercial, financial, agricultural	8	$	5,393	$	5,393
Real estate – 1-4 family mortgage:
Primary	36	6,061		6,108
Real estate – commercial mortgage:
Non-owner occupied	1	837		810
Total	45	$	12,291	$	12,311
December 31, 2020
Commercial, financial, agricultural	8	$	2,891	$	2,890
Real estate – 1-4 family mortgage:
Primary	24	3,928		3,886
Home equity	1	159		162
Rental/investment	3	142		207
Total real estate – 1-4 family mortgage	28	4,229		4,255
Real estate – commercial mortgage:
Owner-occupied	8	6,192		5,883
Non-owner occupied	3	752		754
Land development	1	189		189
Total real estate – commercial mortgage	12	7,133		6,826
Installment loans to individuals	3	49		40
Total	51	$	14,302	$	14,011

At December 31, 2022, 2021 and 2020, the Company had $491, $117 and $522, respectively, in troubled debt restructurings that subsequently defaulted within twelve months of the restructuring.

Changes in the Company’s restructured loans are set forth in the table below.

	Number of Loans	Amortized Cost
Totals at December 31, 2020	124	$	20,448
Additional loans with concessions	45	12,639
Reclassified as performing	6	366
Reductions due to:
Reclassified as nonperforming	(18)	(4,390)
Paid in full	(21)	(7,586)
Charge-offs	(1)	(205)
Principal paydowns	—	(1,013)
Totals at December 31, 2021	135	$	20,259
Additional loans with concessions	24	10,332
Reclassified as performing	12	5,326
Reductions due to:
Reclassified as nonperforming	(28)	(7,411)
Paid in full	(23)	(4,758)
Principal paydowns	—	(1,124)
Totals at December 31, 2022	120	$	22,624

The allocated allowance for credit losses attributable to restructured loans was $625 and $389 at December 31, 2022 and 2021, respectively. The Company had no remaining availability under commitments to lend additional funds on these restructured loans at December 31, 2022 and $307 in remaining availability at December 31, 2021.

Credit Quality

For commercial and commercial real estate-secured loans, internal risk-rating grades are assigned by lending, credit administration or loan review personnel, based on an analysis of the financial and collateral strength and other credit attributes underlying each loan. Management analyzes the resulting ratings, as well as other external statistics and factors such as delinquency, to track the migration performance of the portfolio balances of commercial and commercial real estate secured loans. Loan grades range between 10 and 95, with 10 being loans with the least credit risk. Loans within the “Pass” grade (those with a risk rating between 10 and 60) generally have a lower risk of loss and therefore a lower risk factor applied to the loan balances. The “Special Mention” grade (those with a risk rating of 70) represents a loan where a significant adverse risk-modifying action is anticipated in the near term and, left uncorrected, could result in deterioration of the credit quality of the loan. Loans that migrate toward the “Substandard” grade (those with a risk rating between 80 and 95) generally have a higher risk of loss and therefore a higher risk factor applied to those related loan balances.  

The following tables present the Company’s loan portfolio by year of origination and internal risk-rating grades as of the dates presented:

	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
December 31, 2022
Commercial, Financial, Agricultural	$	460,604	$	209,964	$	142,790	$	63,164	$	25,099	$	35,142	$	717,422	$	3,522	$	1,657,707
Pass	450,559		209,580		141,712		62,370		21,963		28,014		704,491		2,384		1,621,073
Special Mention	719		—		1,010		383		678		—		11,616		80		14,486
Substandard	9,326		384		68		411		2,458		7,128		1,315		1,058		22,148

	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
Lease Financing Receivables	$	61,424	$	18,379	$	18,318	$	10,628	$	4,557	$	1,707	$	—	$	—	$	115,013
Pass	58,204		18,379		15,846		9,060		3,269		1,353		—		—		106,111
Watch	—		—		—		—		—		354		—		—		354
Substandard	3,220		—		2,472		1,568		1,288		—		—		—		8,548
Real Estate - Construction	$	595,185	$	476,190	$	109,705	$	8,525	$	381	$	6,858	$	13,757	$	424	$	1,211,025
Residential	$	214,386	$	16,483	$	589	$	—	$	381	$	—	$	3,925	$	424	$	236,188
Pass	214,371		16,483		589		—		381		—		3,925		424		236,173
Special Mention	6		—		—		—		—		—		—		—		6
Substandard	9		—		—		—		—		—		—		—		9
Commercial	$	380,799	$	459,707	$	109,116	$	8,525	$	—	$	6,858	$	9,832	$	—	$	974,837
Pass	380,799		459,707		109,116		8,525		—		6,858		9,832		—		974,837
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Real Estate - 1-4 Family Mortgage	$	233,370	$	141,066	$	48,653	$	24,664	$	25,604	$	35,971	$	26,920	$	1,238	$	537,486
Primary	$	12,877	$	7,965	$	5,068	$	2,435	$	4,522	$	8,723	$	4,931	$	106	$	46,627
Pass	12,616		7,965		5,068		2,421		4,522		8,419		4,931		106		46,048
Special Mention	—		—		—		—		—		51		—		—		51
Substandard	261		—		—		14		—		253		—		—		528
Home Equity	$	272	$	1,187	$	—	$	38	$	5	$	27	$	14,485	$	141	$	16,155
Pass	272		1,187		—		38		5		27		14,485		7		16,021
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		134		134
Rental/Investment	$	138,481	$	85,711	$	42,056	$	21,997	$	14,785	$	24,448	$	5,972	$	787	$	334,237
Pass	138,137		85,522		41,604		21,097		14,671		22,899		5,972		482		330,384
Special Mention	231		—		—		—		—		174		—		—		405
Substandard	113		189		452		900		114		1,375		—		305		3,448
Land Development	$	81,740	$	46,203	$	1,529	$	194	$	6,292	$	2,773	$	1,532	$	204	$	140,467
Pass	80,514		46,203		1,525		194		6,292		2,723		1,532		204		139,187
Special Mention	1,226		—		—		—		—		—		—		—		1,226
Substandard	—		—		4		—		—		50		—		—		54
Real Estate - Commercial Mortgage	$	1,624,197	$	1,000,563	$	713,303	$	531,424	$	277,862	$	810,919	$	121,305	$	25,173	$	5,104,746
Owner-Occupied	$	309,792	$	319,174	$	239,946	$	178,137	$	128,452	$	302,495	$	57,869	$	3,300	$	1,539,165
Pass	298,851		314,429		237,058		175,262		122,537		282,657		50,640		3,300		1,484,734
Special Mention	9,640		3,047		815		1,670		—		672		4,808		—		20,652
Substandard	1,301		1,698		2,073		1,205		5,915		19,166		2,421		—		33,779
Non-Owner Occupied	$	1,256,098	$	657,121	$	466,703	$	346,908	$	144,872	$	501,863	$	57,637	$	21,680	$	3,452,882
Pass	1,252,484		647,937		466,703		322,997		127,358		418,294		57,637		12,142		3,305,552
Special Mention	506		—		—		21,961		17,509		8,975		—		—		48,951
Substandard	3,108		9,184		—		1,950		5		74,594		—		9,538		98,379
Land Development	$	58,307	$	24,268	$	6,654	$	6,379	$	4,538	$	6,561	$	5,799	$	193	$	112,699
Pass	58,307		24,228		6,342		6,379		4,465		6,067		5,799		193		111,780
Special Mention	—		40		—		—		—		—		—		—		40
Substandard	—		—		312		—		73		494		—		—		879

	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
Installment loans to individuals	$	—	$	—	$	—	$	24	$	—	$	—	$	—	$	—	$	24
Pass	—		—		—		24		—		—		—		—		24
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Total loans subject to risk rating	$	2,974,780	$	1,846,162	$	1,032,769	$	638,429	$	333,503	$	890,597	$	879,404	$	30,357	$	8,626,001
Pass	2,945,114		1,831,620		1,025,563		608,367		305,463		777,311		859,244		19,242		8,371,924
Special Mention	12,328		3,087		1,825		24,014		18,187		10,226		16,424		80		86,171
Substandard	17,338		11,455		5,381		6,048		9,853		103,060		3,736		11,035		167,906

	Term Loans Amortized Cost Basis by Origination Year
	2021		2020		2019		2018		2017		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
December 31, 2021
Commercial, Financial, Agricultural	$	300,748	$	245,940	$	122,996	$	56,732	$	27,631	$	36,665	$	595,956	$	4,083	$	1,390,751
Pass	299,731		245,657		120,748		54,654		23,521		27,482		591,096		2,901		1,365,790
Special Mention	—		136		1,798		527		605		1,196		651		—		4,913
Substandard	1,017		147		450		1,551		3,505		7,987		4,209		1,182		20,048
Real Estate - Construction	$	461,370	$	371,694	$	174,369	$	15,414	$	—	$	4,393	$	3,769	$	2,428	$	1,033,437
Residential	$	210,734	$	12,598	$	—	$	601	$	—	$	686	$	3,769	$	2,428	$	230,816
Pass	210,734		12,598		—		601		—		686		3,769		2,428		230,816
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Commercial	$	250,636	$	359,096	$	174,369	$	14,813	$	—	$	3,707	$	—	$	—	$	802,621
Pass	250,636		359,096		174,369		14,813		—		3,707		—		—		802,621
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Real Estate - 1-4 Family Mortgage	$	205,137	$	83,038	$	60,392	$	40,195	$	31,121	$	41,687	$	27,010	$	1,142	$	489,722
Primary	$	15,599	$	7,698	$	3,696	$	8,470	$	5,517	$	13,402	$	4,888	$	—	$	59,270
Pass	15,599		7,698		3,530		8,470		5,433		10,465		4,877		—		56,072
Special Mention	—		—		—		—		—		59		—		—		59
Substandard	—		—		166		—		84		2,878		11		—		3,139
Home Equity	$	1,318	$	—	$	42	$	131	$	—	$	42	$	14,702	$	211	$	16,446
Pass	1,318		—		42		131		—		42		14,332		10		15,875
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		370		201		571
Rental/Investment	$	111,006	$	61,801	$	33,852	$	24,324	$	25,163	$	25,275	$	5,782	$	931	$	288,134
Pass	110,987		60,855		32,851		24,050		24,981		24,133		5,631		931		284,419
Special Mention	—		249		—		—		—		38		—		—		287
Substandard	19		697		1,001		274		182		1,104		151		—		3,428

	Term Loans Amortized Cost Basis by Origination Year
	2021		2020		2019		2018		2017		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
Land Development	$	77,214	$	13,539	$	22,802	$	7,270	$	441	$	2,968	$	1,638	$	—	$	125,872
Pass	74,818		13,539		22,769		7,270		411		1,560		1,638		—		122,005
Special Mention	2,396		—		—		—		—		—		—		—		2,396
Substandard	—		—		33		—		30		1,408		—		—		1,471
Real Estate - Commercial Mortgage	$	1,168,118	$	836,549	$	680,831	$	394,608	$	421,898	$	844,635	$	153,358	$	35,968	$	4,535,965
Owner-Occupied	$	312,031	$	305,686	$	220,057	$	177,689	$	157,886	$	317,878	$	62,182	$	9,748	$	1,563,157
Pass	310,736		304,555		218,447		174,865		148,298		292,356		62,182		8,036		1,519,475
Special Mention	1,210		1,131		—		—		3,286		722		—		1,712		8,061
Substandard	85		—		1,610		2,824		6,302		24,800		—		—		35,621
Non-Owner Occupied	$	809,784	$	511,803	$	449,734	$	209,010	$	258,914	$	510,213	$	81,238	$	26,220	$	2,856,916
Pass	800,348		503,009		436,387		185,353		203,128		464,713		81,238		16,314		2,690,490
Special Mention	9,235		8,794		11,356		23,650		33,176		8,383		—		—		94,594
Substandard	201		—		1,991		7		22,610		37,117		—		9,906		71,832
Land Development	$	46,303	$	19,060	$	11,040	$	7,909	$	5,098	$	16,544	$	9,938	$	—	$	115,892
Pass	46,034		17,030		11,040		7,857		5,098		10,656		9,938		—		107,653
Special Mention	44		—		—		—		—		5,141		—		—		5,185
Substandard	225		2,030		—		52		—		747		—		—		3,054
Installment loans to individuals	$	—	$	—	$	42	$	—	$	—	$	—	$	—	$	—	$	42
Pass	—		—		42		—		—		—		—		—		42
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Total loans subject to risk rating	$	2,135,373	$	1,537,221	$	1,038,630	$	506,949	$	480,650	$	927,380	$	780,093	$	43,621	$	7,449,917
Pass	2,120,941		1,524,037		1,020,225		478,064		410,870		835,800		774,701		30,620		7,195,258
Special Mention	12,885		10,310		13,154		24,177		37,067		15,539		651		1,712		115,495
Substandard	1,547		2,874		5,251		4,708		32,713		76,041		4,741		11,289		139,164

The following tables present the performing status of the Company’s loan portfolio not subject to risk rating as of the dates presented:

	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
December 31, 2022
Commercial, Financial, Agricultural	$	13	$	—	$	—	$	—	$	—	$	16,163	$	—	$	—	$	16,176
Performing Loans	13		—		—		—		—		16,163		—		—		16,176
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Lease Financing Receivables	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Performing Loans	—		—		—		—		—		—		—		—		—
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Real Estate - Construction	$	57,570	$	61,245	$	497	$	—	$	—	$	—	$	—	$	—	$	119,312
Residential	$	57,570	$	61,245	$	497	$	—	$	—	$	—	$	—	$	—	$	119,312
Performing Loans	57,493		61,245		497		—		—		—		—		—		119,235
Non-Performing Loans	77		—		—		—		—		—		—		—		77

	Term Loans Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
Commercial	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Performing Loans	—		—		—		—		—		—		—		—		—
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Real Estate - 1-4 Family Mortgage	$	704,214	$	546,256	$	351,213	$	155,549	$	116,951	$	319,567	$	481,254	$	3,773	$	2,678,777
Primary	$	694,941	$	541,801	$	350,205	$	154,979	$	115,876	$	318,364	$	—	$	63	$	2,176,229
Performing Loans	694,221		538,870		345,912		150,821		109,156		307,178		—		63		2,146,221
Non-Performing Loans	720		2,931		4,293		4,158		6,720		11,186		—		—		30,008
Home Equity	$	—	$	111	$	—	$	—	$	—	$	676	$	481,254	$	3,710	$	485,751
Performing Loans	—		111		—		—		—		609		480,094		3,026		483,840
Non-Performing Loans	—		—		—		—		—		67		1,160		684		1,911
Rental/Investment	$	—	$	—	$	—	$	—	$	—	$	145	$	—	$	—	$	145
Performing Loans	—		—		—		—		—		145		—		—		145
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Land Development	$	9,273	$	4,344	$	1,008	$	570	$	1,075	$	382	$	—	$	—	$	16,652
Performing Loans	9,257		4,344		1,008		570		1,075		319		—		—		16,573
Non-Performing Loans	16		—		—		—		—		63		—		—		79
Real Estate - Commercial Mortgage	$	4,805	$	3,518	$	2,587	$	1,281	$	691	$	435	$	—	$	—	$	13,317
Owner-Occupied	$	—	$	—	$	131	$	—	$	—	$	—	$	—	$	—	$	131
Performing Loans	—		—		131		—		—		—		—		—		131
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Non-Owner Occupied	$	—	$	—	$	28	$	—	$	—	$	—	$	—	$	—	$	28
Performing Loans	—		—		28		—		—		—		—		—		28
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Land Development	$	4,805	$	3,518	$	2,428	$	1,281	$	691	$	435	$	—	$	—	$	13,158
Performing Loans	4,805		3,518		2,422		1,281		691		435		—		—		13,152
Non-Performing Loans	—		—		6		—		—		—		—		—		6
Installment loans to individuals	$	44,255	$	15,976	$	6,416	$	14,252	$	17,095	$	10,626	$	16,062	$	39	$	124,721
Performing Loans	44,227		15,927		6,389		14,211		17,076		10,532		16,062		35		124,459
Non-Performing Loans	28		49		27		41		19		94		—		4		262
Total loans not subject to risk rating	$	810,857	$	626,995	$	360,713	$	171,082	$	134,737	$	346,791	$	497,316	$	3,812	$	2,952,303
Performing Loans	810,016		624,015		356,387		166,883		127,998		335,381		496,156		3,124		2,919,960
Non-Performing Loans	841		2,980		4,326		4,199		6,739		11,410		1,160		688		32,343

	Term Loans Amortized Cost Basis by Origination Year
	2021		2020		2019		2018		2017		Prior		Revolving Loans		Revolving Loans Converted to Term		Total Loans
December 31, 2021
Commercial, Financial, Agricultural	$	71	$	—	$	—	$	1	$	—	$	8,983	$	23,464	$	—	$	32,519
Performing Loans	71		—		—		1		—		8,983		23,464		—		32,519
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Lease Financing Receivables	$	26,301	$	23,270	$	15,504	$	7,713	$	2,169	$	1,168	$	—	$	—	$	76,125
Performing Loans	26,301		23,270		15,504		7,713		2,167		1,159		—		—		76,114
Non-Performing Loans	—		—		—		—		2		9		—		—		11
Real Estate - Construction	$	57,283	$	12,561	$	1,615	$	—	$	—	$	—	$	—	$	—	$	71,459
Residential	$	57,283	$	12,561	$	1,615	$	—	$	—	$	—	$	—	$	—	$	71,459
Performing Loans	57,283		12,561		1,615		—		—		—		—		—		71,459
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Commercial	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Performing Loans	—		—		—		—		—		—		—		—		—
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Real Estate - 1-4 Family Mortgage	$	554,483	$	419,252	$	205,216	$	157,015	$	137,607	$	308,441	$	448,379	$	4,131	$	2,234,524
Primary	$	542,659	$	415,863	$	203,941	$	154,655	$	134,194	$	305,457	$	—	$	81	$	1,756,850
Performing Loans	542,053		414,931		201,475		149,478		131,571		298,023		—		81		1,737,612
Non-Performing Loans	606		932		2,466		5,177		2,623		7,434		—		—		19,238
Home Equity	$	111	$	—	$	79	$	767	$	2,441	$	2,331	$	448,379	$	4,050	$	458,158
Performing Loans	111		—		79		767		2,441		2,204		447,298		3,740		456,640
Non-Performing Loans	—		—		—		—		—		127		1,081		310		1,518
Rental/Investment	$	—	$	—	$	99	$	—	$	23	$	218	$	—	$	—	$	340
Performing Loans	—		—		99		—		23		164		—		—		286
Non-Performing Loans	—		—		—		—		—		54		—		—		54
Land Development	$	11,713	$	3,389	$	1,097	$	1,593	$	949	$	435	$	—	$	—	$	19,176
Performing Loans	11,688		3,298		1,065		1,593		874		435		—		—		18,953
Non-Performing Loans	25		91		32		—		75		—		—		—		223
Real Estate - Commercial Mortgage	$	5,265	$	3,584	$	2,082	$	947	$	499	$	695	$	—	$	—	$	13,072
Owner-Occupied	$	—	$	136	$	58	$	—	$	—	$	—	$	—	$	—	$	194
Performing Loans	—		136		58		—		—		—		—		—		194
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Non-Owner Occupied	$	—	$	31	$	—	$	—	$	—	$	—	$	—	$	—	$	31
Performing Loans	—		31		—		—		—		—		—		—		31
Non-Performing Loans	—		—		—		—		—		—		—		—		—
Land Development	$	5,265	$	3,417	$	2,024	$	947	$	499	$	695	$	—	$	—	$	12,847
Performing Loans	5,265		3,417		2,008		947		499		644		—		—		12,780
Non-Performing Loans	—		—		16		—		—		51		—		—		67
Installment loans to individuals	$	44,302	$	15,436	$	23,114	$	28,298	$	11,706	$	5,798	$	14,574	$	70	$	143,298
Performing Loans	44,254		15,360		23,035		28,270		11,672		5,574		14,557		59		142,781
Non-Performing Loans	48		76		79		28		34		224		17		11		517
Total loans not subject to risk rating	$	687,705	$	474,103	$	247,531	$	193,974	$	151,981	$	325,085	$	486,417	$	4,201	$	2,570,997
Performing Loans	687,026		473,004		244,938		188,769		149,247		317,186		485,319		3,880		2,549,369
Non-Performing Loans	679		1,099		2,593		5,205		2,734		7,899		1,098		321		21,628

Related Party Loans

Certain executive officers and directors of the Bank and their associates are customers of and have other transactions with Renasant Bank. Related party loans and commitments are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with persons not related to the Company or the Bank and do not involve more than a normal risk of collectability or present other unfavorable features. A summary of the changes in related party loans follows:

Loans at December 31, 2021	$	29,907
New loans and advances	3,778
Payments received	(674)
Loans at December 31, 2022	$	33,011

No related party loans were classified as past due, nonaccrual, impaired or restructured at December 31, 2022 or 2021. Unfunded commitments to certain executive officers and directors and their associates totaled $7,387 and $10,471 at December 31, 2022 and 2021, respectively.

During 2022, the Company acquired Southeastern Commercial Finance, LLC and Continental Republic Capital, LLC (doing business as “Republic Business Credit”). The acquired loans were added to the commercial, financial, and agricultural loan category at their fair value of $105,610 at the date of acquisition. The carrying amount of purchased credit deteriorated (“PCD”) loans at the acquisition date is detailed below.

	Carrying Amount
Purchase price of loans at acquisition	$	13,654
Allowance for credit losses at acquisition	11,460
Par value of acquired loans at acquisition	$	25,114