XML 34 R23.htm IDEA: XBRL DOCUMENT v3.19.1
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Tables)
 3 Months Ended
Mar. 31, 2019
Receivables [Abstract]  
In Allowance For Loan Losses and Recorded Investment In Loans By Portfolio Segment
The following tables present the activity in the allowance for loan losses by portfolio segment for the three-month periods ended March 31, 2019 and 2018:
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multifamily
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
Three Months Ended March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
 
$
22,518
 
 
$
15,393
 
 
$
4,305
 
 
$
368
 
 
$
2,292
 
 
$
283
 
 
$
3,294
 
 
$
48,453
 
Provision for loan losses
 
 
1,493
 
 
 
18
 
 
 
(161
)
 
 
5
 
 
 
45
 
 
 
85
 
 
 
(285
)
 
 
1,200
 
Loans charged-off
 
 
(83
)
 
 
0
 
 
 
0
 
 
 
0
 
 
 
(82
)
 
 
(119
)
 
 
0
 
 
 
(284
)
Recoveries
 
 
102
 
 
 
36
 
 
 
2
 
 
 
0
 
 
 
11
 
 
 
42
 
 
 
0
 
 
 
193
 
Net loans charged-off
 
 
19
 
 
 
36
 
 
 
2
 
 
 
0
 
 
 
(71
)
 
 
(77
)
 
 
0
 
 
 
(91
)
Ending balance
 
$
24,030
 
 
$
15,447
 
 
$
4,146
 
 
$
373
 
 
$
2,266
 
 
$
291
 
 
$
3,009
 
 
$
49,562
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multifamily
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
Three Months Ended March 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, January 1
 
$
21,097
 
 
$
14,714
 
 
$
4,920
 
 
$
577
 
 
$
2,768
 
 
$
379
 
 
$
2,666
 
 
$
47,121
 
Provision for loan losses
 
 
3,902
 
 
 
207
 
 
 
(76
)
 
 
(67
)
 
 
(794
)
 
 
(49
)
 
 
177
 
 
 
3,300
 
Loans charged-off
 
 
(4,360
)
 
 
(491
)
 
 
0
 
 
 
0
 
 
 
(7
)
 
 
(119
)
 
 
0
 
 
 
(4,977
)
Recoveries
 
 
86
 
 
 
8
 
 
 
4
 
 
 
0
 
 
 
51
 
 
 
34
 
 
 
0
 
 
 
183
 
Net loans charged-off
 
 
(4,274
)
 
 
(483
)
 
 
4
 
 
 
0
 
 
 
44
 
 
 
(85
)
 
 
0
 
 
 
(4,794
)
Ending balance
 
$
20,725
 
 
$
14,438
 
 
$
4,848
 
 
$
510
 
 
$
2,018
 
 
$
245
 
 
$
2,843
 
 
$
45,627
 
 
The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of March 31, 2019 and December 31, 2018:
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multifamily
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending allowance balance attributable to loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
8,860
 
 
$
398
 
 
$
81
 
 
$
0
 
 
$
467
 
 
$
28
 
 
$
0
 
 
$
9,834
 
Collectively evaluated for impairment
 
 
15,170
 
 
 
15,049
 
 
 
4,065
 
 
 
373
 
 
 
1,799
 
 
 
263
 
 
 
3,009
 
 
 
39,728
 
Total ending allowance balance
 
$
24,030
 
 
$
15,447
 
 
$
4,146
 
 
$
373
 
 
$
2,266
 
 
$
291
 
 
$
3,009
 
 
$
49,562
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
18,611
 
 
$
3,441
 
 
$
430
 
 
$
0
 
 
$
2,022
 
 
$
43
 
 
$
0
 
 
$
24,547
 
Loans collectively evaluated for impairment
 
 
1,408,737
 
 
 
1,623,594
 
 
 
301,976
 
 
 
111,875
 
 
 
383,913
 
 
 
84,368
 
 
 
0
 
 
 
3,914,463
 
Total ending loans balance
 
$
1,427,348
 
 
$
1,627,035
 
 
$
302,406
 
 
$
111,875
 
 
$
385,935
 
 
$
84,411
 
 
$
0
 
 
$
3,939,010
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multifamily
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending allowance balance attributable to loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
8,552
 
 
$
921
 
 
$
73
 
 
$
0
 
 
$
457
 
 
$
26
 
 
$
0
 
 
$
10,029
 
Collectively evaluated for impairment
 
 
13,966
 
 
 
14,472
 
 
 
4,232
 
 
 
368
 
 
 
1,835
 
 
 
257
 
 
 
3,294
 
 
 
38,424
 
Total ending allowance balance
 
$
22,518
 
 
$
15,393
 
 
$
4,305
 
 
$
368
 
 
$
2,292
 
 
$
283
 
 
$
3,294
 
 
$
48,453
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
 
$
19,734
 
 
$
4,266
 
 
$
433
 
 
$
0
 
 
$
2,240
 
 
$
44
 
 
$
0
 
 
$
26,717
 
Loans collectively evaluated for impairment
 
 
1,385,604
 
 
 
1,562,899
 
 
 
370,174
 
 
 
95,520
 
 
 
388,053
 
 
 
85,778
 
 
 
0
 
 
 
3,888,028
 
Total ending loans balance
 
$
1,405,338
 
 
$
1,567,165
 
 
$
370,607
 
 
$
95,520
 
 
$
390,293
 
 
$
85,822
 
 
$
0
 
 
$
3,914,745
 
Loans individually evaluated for impairment
The following table presents loans individually evaluated for impairment by class of loans as of March 31, 2019:
 
 
 
Unpaid
 
 
 
 
 
Allowance for
 
 
 
Principal
 
 
Recorded
 
 
Loan Losses
 
(dollars in thousands)
 
Balance
 
 
Investment
 
 
Allocated
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
2,904
 
 
$
212
 
 
$
0
 
Non-working capital loans
 
 
2,345
 
 
 
950
 
 
 
0
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
2,272
 
 
 
1,667
 
 
 
0
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
603
 
 
 
283
 
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
224
 
 
 
143
 
 
 
0
 
Open end and junior lien loans
 
 
98
 
 
 
98
 
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
6,698
 
 
 
6,390
 
 
 
2,874
 
Non-working capital loans
 
 
11,016
 
 
 
11,059
 
 
 
5,986
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
1,774
 
 
 
1,774
 
 
 
398
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
147
 
 
 
147
 
 
 
81
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
1,779
 
 
 
1,781
 
 
 
467
 
Other consumer loans
 
 
43
 
 
 
43
 
 
 
28
 
Total
 
$
29,903
 
 
$
24,547
 
 
$
9,834
 
 
 
 
 
The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2018:
 
 
 
Unpaid
 
 
 
 
 
Allowance for
 
 
 
Principal
 
 
Recorded
 
 
Loan Losses
 
(dollars in thousands)
 
Balance
 
 
Investment
 
 
Allocated
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
Non-working capital loans
 
$
3,284
 
 
$
1,889
 
 
$
0
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
1,773
 
 
 
1,527
 
 
 
0
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
603
 
 
 
283
 
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
583
 
 
 
502
 
 
 
0
 
Open end and junior lien loans
 
 
220
 
 
 
220
 
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
9,691
 
 
 
6,694
 
 
 
2,602
 
Non-working capital loans
 
 
11,099
 
 
 
11,151
 
 
 
5,950
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
291
 
 
 
291
 
 
 
142
 
Owner occupied loans
 
 
2,938
 
 
 
2,448
 
 
 
779
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
150
 
 
 
150
 
 
 
73
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
1,517
 
 
 
1,518
 
 
 
457
 
Other consumer loans
 
 
45
 
 
 
44
 
 
 
26
 
Total
 
$
32,194
 
 
$
26,717
 
 
$
10,029
 
 
 
 
 
The following table presents loans individually evaluated for impairment by class of loans as of and for the three-month period ended March 31, 2019:
 
 
 
 
 
 
 
 
 
Cash Basis
 
 
 
Average
 
 
Interest
 
 
Interest
 
 
 
Recorded
 
 
Income
 
 
Income
 
(dollars in thousands)
 
Investment
 
 
Recognized
 
 
Recognized
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
155
 
 
$
1
 
 
$
0
 
Non-working capital loans
 
 
1,549
 
 
 
29
 
 
 
24
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
1,621
 
 
 
11
 
 
 
8
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
283
 
 
 
0
 
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
380
 
 
 
1
 
 
 
1
 
Open end and junior lien loans
 
 
193
 
 
 
0
 
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
6,487
 
 
 
72
 
 
 
59
 
Non-working capital loans
 
 
11,416
 
 
 
132
 
 
 
128
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
2,080
 
 
 
13
 
 
 
12
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
147
 
 
 
2
 
 
 
1
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
1,598
 
 
 
12
 
 
 
12
 
Other consumer loans
 
 
43
 
 
 
1
 
 
 
1
 
Total
 
$
25,952
 
 
$
274
 
 
$
246
 
 
 
 
 
The following table presents loans individually evaluated for impairment by class of loans as of and for the three-month period ended March 31, 2018:
 
 
 
 
 
 
 
 
 
Cash Basis
 
 
 
Average
 
 
Interest
 
 
Interest
 
 
 
Recorded
 
 
Income
 
 
Income
 
(dollars in thousands)
 
Investment
 
 
Recognized
 
 
Recognized
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
1,011
 
 
$
7
 
 
$
2
 
Non-working capital loans
 
 
1,728
 
 
 
15
 
 
 
5
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
102
 
 
 
1
 
 
 
0
 
Owner occupied loans
 
 
2,557
 
 
 
7
 
 
 
2
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
283
 
 
 
0
 
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
543
 
 
 
2
 
 
 
1
 
Open end and junior lien loans
 
 
92
 
 
 
0
 
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
1,608
 
 
 
2
 
 
 
1
 
Non-working capital loans
 
 
3,216
 
 
 
2
 
 
 
0
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
721
 
 
 
11
 
 
 
5
 
Owner occupied loans
 
 
1,194
 
 
 
0
 
 
 
0
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
968
 
 
 
7
 
 
 
4
 
Open end and junior lien loans
 
 
154
 
 
 
0
 
 
 
0
 
Other consumer loans
 
 
49
 
 
 
1
 
 
 
0
 
Total
 
$
14,226
 
 
$
55
 
 
$
20
 
 
 
 
Aging of the Recorded Investment in Past Due Loans
The following table presents the aging of the recorded investment in past due loans as of March 31, 2019 by class of loans:
 
 
 
 
 
 
 
 
 
Greater than
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
30-89
 
 
90 Days Past
 
 
 
 
 
Total Past
 
 
 
 
 
 
Loans Not
 
 
Days
 
 
Due and Still
 
 
 
 
 
Due and
 
 
 
 
(dollars in thousands)
 
Past Due
 
 
Past Due
 
 
Accruing
 
 
Nonaccrual
 
 
Nonaccrual
 
 
Total
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
720,597
 
 
$
4,308
 
 
$
0
 
 
$
2,118
 
 
$
6,426
 
 
$
727,023
 
Non-working capital loans
 
 
695,711
 
 
 
3,354
 
 
 
0
 
 
 
1,260
 
 
 
4,614
 
 
 
700,325
 
Commercial real estate and multi-family
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
292,627
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
292,627
 
Owner occupied loans
 
 
554,668
 
 
 
47
 
 
 
481
 
 
 
1,749
 
 
 
2,277
 
 
 
556,945
 
Nonowner occupied loans
 
 
536,900
 
 
 
142
 
 
 
0
 
 
 
0
 
 
 
142
 
 
 
537,042
 
Multifamily loans
 
 
240,421
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
240,421
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
139,230
 
 
 
147
 
 
 
0
 
 
 
283
 
 
 
430
 
 
 
139,660
 
Loans for agricultural production
 
 
162,746
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
162,746
 
Other commercial loans
 
 
111,875
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
111,875
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
186,373
 
 
 
1,466
 
 
 
0
 
 
 
588
 
 
 
2,054
 
 
 
188,427
 
Open end and junior lien loans
 
 
184,217
 
 
 
87
 
 
 
0
 
 
 
98
 
 
 
185
 
 
 
184,402
 
Residential construction loans
 
 
13,106
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
13,106
 
Other consumer loans
 
 
84,265
 
 
 
146
 
 
 
0
 
 
 
0
 
 
 
146
 
 
 
84,411
 
Total
 
$
3,922,736
 
 
$
9,697
 
 
$
481
 
 
$
6,096
 
 
$
16,274
 
 
$
3,939,010
 
 
The following table presents the aging of the recorded investment in past due loans as of December 31, 2018 by class of loans:
 
 
 
 
 
 
 
 
 
Greater than
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
30-89
 
 
90 Days Past
 
 
 
 
 
Total Past
 
 
 
 
 
 
Loans Not
 
 
Days
 
 
Due and Still
 
 
 
 
 
Due and
 
 
 
 
(dollars in thousands)
 
Past Due
 
 
Past Due
 
 
Accruing
 
 
Nonaccrual
 
 
Nonaccrual
 
 
Total
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
684,191
 
 
$
4,328
 
 
$
0
 
 
$
2,245
 
 
$
6,573
 
 
$
690,764
 
Non-working capital loans
 
 
709,629
 
 
 
3,368
 
 
 
0
 
 
 
1,577
 
 
 
4,945
 
 
 
714,574
 
Commercial real estate and multi-family
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
265,544
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
265,544
 
Owner occupied loans
 
 
583,214
 
 
 
486
 
 
 
0
 
 
 
2,269
 
 
 
2,755
 
 
 
585,969
 
Nonowner occupied loans
 
 
520,431
 
 
 
57
 
 
 
0
 
 
 
0
 
 
 
57
 
 
 
520,488
 
Multi-family loans
 
 
195,164
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
195,164
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
177,080
 
 
 
150
 
 
 
0
 
 
 
283
 
 
 
433
 
 
 
177,513
 
Loans for agricultural production
 
 
193,094
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
193,094
 
Other commercial loans
 
 
95,520
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
95,520
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
183,420
 
 
 
1,370
 
 
 
0
 
 
 
671
 
 
 
2,041
 
 
 
185,461
 
Open end and junior lien loans
 
 
188,320
 
 
 
98
 
 
 
0
 
 
 
220
 
 
 
318
 
 
 
188,638
 
Residential construction loans
 
 
16,194
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
16,194
 
Other consumer loans
 
 
85,654
 
 
 
168
 
 
 
0
 
 
 
0
 
 
 
168
 
 
 
85,822
 
Total
 
$
3,897,455
 
 
$
10,025
 
 
$
0
 
 
$
7,265
 
 
$
17,290
 
 
$
3,914,745
 
Troubled Debt Restructuring The Company is not committed to lend additional funds to debtors whose loans have been modified in a troubled debt restructuring.
 
 
 
March 31
 
 
December 31
 
(dollars in thousands)
 
2019
 
 
2018
 
Accruing troubled debt restructured loans
 
$
6,196
 
 
$
8,016
 
Nonaccrual troubled debt restructured loans
 
 
3,812
 
 
 
4,384
 
Total troubled debt restructured loans
 
$
10,008
 
 
$
12,400
 
 
Loans by Class Modified as Troubled Debt Restructurings
The following table presents loans by class modified as new troubled debt restructurings that occurred during the three months ended March 31, 2019:
 
 
 
 
 
 
Modified Repayment Terms
 
 
 
 
 
 
Pre-Modification
 
 
Post-Modification
 
 
 
 
 
Extension
 
 
 
 
 
 
Outstanding
 
 
Outstanding
 
 
 
 
 
Period or
 
 
 
Number of
 
 
Recorded
 
 
Recorded
 
 
Number of
 
 
Range
 
(dollars in thousands)
 
Loans
 
 
Investment
 
 
Investment
 
 
Loans
 
 
(in months)
 
Troubled Debt Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
1
 
 
 
35
 
 
 
35
 
 
 
1
 
 
 
0
 
Total
 
 
1
 
 
$
35
 
 
$
35
 
 
 
1
 
 
 
0
 
The following table presents loans by class modified as new troubled debt restructurings that occurred during the three months ended March 31, 2018:
 
 
 
 
 
 
Modified Repayment Terms
 
 
 
 
 
 
Pre-Modification
 
 
Post-Modification
 
 
 
 
 
Extension
 
 
 
 
 
 
Outstanding
 
 
Outstanding
 
 
 
 
 
Period or
 
 
 
Number of
 
 
Recorded
 
 
Recorded
 
 
Number of
 
 
Range
 
(dollars in thousands)
 
Loans
 
 
Investment
 
 
Investment
 
 
Loans
 
 
(in months)
 
Troubled Debt Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
1
 
 
$
600
 
 
$
600
 
 
 
1
 
 
 
0
 
Non-working capital loans
 
 
1
 
 
 
1,400
 
 
 
1,400
 
 
 
1
 
 
 
0
 
Commercial real estate and multi-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
development loans
 
 
1
 
 
 
824
 
 
 
824
 
 
 
1
 
 
 
12
 
Owner occupied loans
 
 
1
 
 
 
387
 
 
 
387
 
 
 
1
 
 
 
12
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
1
 
 
 
198
 
 
 
197
 
 
 
1
 
 
 
239
 
Total
 
 
5
 
 
$
3,409
 
 
$
3,408
 
 
 
5
 
 
 
0
-
239
 
Credit Quality Indicators As of March 31, 2019, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
Not
 
 
 
 
(dollars in thousands)
 
Pass
 
 
Mention
 
 
Substandard
 
 
Doubtful
 
 
Rated
 
 
Total
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
638,075
 
 
$
59,140
 
 
$
29,489
 
 
$
0
 
 
$
319
 
 
$
727,023
 
Non-working capital loans
 
 
651,748
 
 
 
17,072
 
 
 
25,632
 
 
 
0
 
 
 
5,873
 
 
 
700,325
 
Commercial real estate and multi-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
292,275
 
 
 
352
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
292,627
 
Owner occupied loans
 
 
509,539
 
 
 
25,024
 
 
 
22,382
 
 
 
0
 
 
 
0
 
 
 
556,945
 
Nonowner occupied loans
 
 
533,975
 
 
 
2,439
 
 
 
628
 
 
 
0
 
 
 
0
 
 
 
537,042
 
Multifamily loans
 
 
240,211
 
 
 
210
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
240,421
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
128,492
 
 
 
9,388
 
 
 
1,780
 
 
 
0
 
 
 
0
 
 
 
139,660
 
Loans for agricultural production
 
 
153,470
 
 
 
7,476
 
 
 
1,800
 
 
 
0
 
 
 
0
 
 
 
162,746
 
Other commercial loans
 
 
111,871
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
4
 
 
 
111,875
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
56,681
 
 
 
0
 
 
 
1,924
 
 
 
0
 
 
 
129,822
 
 
 
188,427
 
Open end and junior lien loans
 
 
8,613
 
 
 
0
 
 
 
98
 
 
 
0
 
 
 
175,691
 
 
 
184,402
 
Residential construction loans
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
13,106
 
 
 
13,106
 
Other consumer loans
 
 
12,868
 
 
 
0
 
 
 
43
 
 
 
0
 
 
 
71,500
 
 
 
84,411
 
Total
 
$
3,337,818
 
 
$
121,101
 
 
$
83,776
 
 
$
0
 
 
$
396,315
 
 
$
3,939,010
 
 
As of December 31, 2018, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
Not
 
 
 
 
(dollars in thousands)
 
Pass
 
 
Mention
 
 
Substandard
 
 
Doubtful
 
 
Rated
 
 
Total
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
618,612
 
 
$
43,240
 
 
$
28,563
 
 
$
0
 
 
$
349
 
 
$
690,764
 
Non-working capital loans
 
 
664,787
 
 
 
15,992
 
 
 
27,548
 
 
 
0
 
 
 
6,247
 
 
 
714,574
 
Commercial real estate and multi-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
264,900
 
 
 
353
 
 
 
291
 
 
 
0
 
 
 
0
 
 
 
265,544
 
Owner occupied loans
 
 
541,734
 
 
 
21,864
 
 
 
22,371
 
 
 
0
 
 
 
0
 
 
 
585,969
 
Nonowner occupied loans
 
 
517,356
 
 
 
2,491
 
 
 
641
 
 
 
0
 
 
 
0
 
 
 
520,488
 
Multifamily loans
 
 
194,948
 
 
 
216
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
195,164
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
166,623
 
 
 
9,107
 
 
 
1,783
 
 
 
0
 
 
 
0
 
 
 
177,513
 
Loans for agricultural production
 
 
183,189
 
 
 
8,155
 
 
 
1,750
 
 
 
0
 
 
 
0
 
 
 
193,094
 
Other commercial loans
 
 
95,516
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
4
 
 
 
95,520
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
54,879
 
 
 
0
 
 
 
2,021
 
 
 
0
 
 
 
128,561
 
 
 
185,461
 
Open end and junior lien loans
 
 
8,810
 
 
 
0
 
 
 
220
 
 
 
0
 
 
 
179,608
 
 
 
188,638
 
Residential construction loans
 
 
0
 
 
 
0
 
 
 
0
 
 
 
0
 
 
 
16,194
 
 
 
16,194
 
Other consumer loans
 
 
12,700
 
 
 
0
 
 
 
44
 
 
 
0
 
 
 
73,078
 
 
 
85,822
 
Total
 
$
3,324,054
 
 
$
101,418
 
 
$
85,232
 
 
$
0
 
 
$
404,041
 
 
$
3,914,745