Loans (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Portfolio Loans, Purchased Credit Impaired Loans and Purchased Unimpaired Loans

The following tables present net loan balances by segment as of:



	March 31, 2020
(In thousands)	Portfolio Loans		Acquired Non PCD Loans		PCD Loans		Total
Construction and land development	$	257,481	$	34,934	$	2,990	$	295,405
Commercial real estate - owner occupied	824,836		230,517		27,540		1,082,893
Commercial real estate - non owner occupied	1,058,841		310,417		11,838		1,381,096
Residential real estate	1,315,664		233,169		10,921		1,559,754
Commercial and financial	721,380		73,134		1,524		796,038
Consumer	195,176		6,478		368		202,022
Totals	$	4,373,378	$	888,649	$	55,181	$	5,317,208



	December 31, 2019
(In thousands)	Portfolio Loans		PULs		PCI Loans		Total
Construction and land development	$	281,335	$	43,618	$	160	$	325,113
Commercial real estate	1,834,811		533,943		10,217		2,378,971
Residential real estate	1,304,305		201,848		1,710		1,507,863
Commercial and financial	697,301		80,372		579		778,252
Consumer	200,166		8,039		—		208,205
Totals	$	4,317,918	$	867,820	$	12,666	$	5,198,404

Schedule of Past Due Financing Receivables

The following tables present the status of net loan balances as of:



	March 31, 2020
(In thousands)	Current		Accruing 30-59 Days Past Due		Accruing 60-89 Days Past Due		Accruing Greater Than 90 Days		Nonaccrual		Total
Portfolio Loans
Construction and land development	$	257,459	$	—	$	—	$	—	$	22	$	257,481
Commercial real estate - owner occupied	818,726		2,842		—		618		2,650		824,836
Commercial real estate - non owner occupied	1,056,202		542		—		—		2,097		1,058,841
Residential real estate	1,305,898		2,405		998		—		6,363		1,315,664
Commercial and financial	709,028		5,098		1,065		—		6,189		721,380
Consumer	193,141		647		810		1		577		195,176
Total Portfolio Loans	4,340,454		11,534		2,873		619		17,898		4,373,378

Acquired Non PCD Loans
Construction and land development	34,360		—		—		—		574		34,934
Commercial real estate - owner occupied	228,776		1,456		71		—		214		230,517
Commercial real estate - non owner occupied	306,959		2,334		—		—		1,124		310,417
Residential real estate	228,213		3,676		—		—		1,280		233,169
Commercial and financial	70,460		489		46		—		2,139		73,134
Consumer	6,454		24		—		—		—		6,478
Total Acquired Non PCD Loans	875,222		7,979		117		—		5,331		888,649

PCD Loans
Construction and land development	2,980		—		—		—		10		2,990
Commercial real estate - owner occupied	26,462		1,078		—		—		—		27,540
Commercial real estate - non owner occupied	10,784		—		—		—		1,054		11,838
Residential real estate	9,720		—		—		—		1,201		10,921
Commercial and financial	709		727		—		—		88		1,524
Consumer	278		90		—		—		—		368
Total PCD Loans	50,933		1,895		—		—		2,353		55,181

Total Loans	$	5,266,609	$	21,408	$	2,990	$	619	$	25,582	$	5,317,208



	December 31, 2019
(In thousands)	Current		Accruing 30-59 Days Past Due		Accruing 60-89 Days Past Due		Accruing Greater Than 90 Days		Nonaccrual		Total
Portfolio Loans
Construction and land development	$	276,984	$	—	$	—	$	—	$	4,351	$	281,335
Commercial real estate	1,828,629		1,606		220		—		4,356		1,834,811
Residential real estate	1,294,778		1,564		18		—		7,945		1,304,305
Commercial and financial	690,412		2,553		—		108		4,228		697,301
Consumer	199,424		317		315		—		110		200,166
Total Portfolio Loans	4,290,227		6,040		553		108		20,990		4,317,918

Purchased Unimpaired Loans
Construction and land development	43,044		—		—		—		574		43,618
Commercial real estate	531,325		942		431		—		1,245		533,943
Residential real estate	201,159		277		—		—		412		201,848
Commercial and financial	78,705		—		—		—		1,667		80,372
Consumer	8,039		—		—		—		—		8,039
Total PULs	862,272		1,219		431		—		3,898		867,820

Purchased Credit Impaired Loans
Construction and land development	148		—		—		—		12		160
Commercial real estate	9,298		—		—		—		919		10,217
Residential real estate	587		—		—		—		1,123		1,710
Commercial and financial	566		—		—		—		13		579
Consumer	—		—		—		—		—		—
Total PCI Loans	10,599		—		—		—		2,067		12,666

Total Loans	$	5,163,098	$	7,259	$	984	$	108	$	26,955	$	5,198,404

Schedule of Nonaccrual Loans by Loan Category

The following tables present net balances of loans on nonaccrual status and the related allowance for credit losses, if any, as of:



	March 31, 2020
(In thousands)	Nonaccrual Loans With No Related Allowance		Nonaccrual Loans With an Allowance		Total Nonaccrual Loans		Allowance for Credit Losses
Construction and land development	$	584	$	22	$	606	$	11
Commercial real estate - owner occupied	1,169		1,695		2,864		251
Commercial real estate - non owner occupied	3,221		1,054		4,275		251
Residential real estate	7,890		954		8,844		928
Commercial and financial	3,571		4,845		8,416		2,624
Consumer	36		541		577		238
Totals	$	16,471	$	9,111	$	25,582	$	4,303



	December 31, 2019
(In thousands)	Nonaccrual Loans With No Related Allowance		Nonaccrual Loans With an Allowance		Total Nonaccrual Loans		Allowance for Credit Losses
Construction and land development	$	4,914	$	23	$	4,937	$	12
Commercial real estate	6,200		320		6,520		149
Residential real estate	8,700		780		9,480		564
Commercial and financial	3,449		2,459		5,908		1,622
Consumer	39		71		110		37
Totals	$	23,301	$	3,654	$	26,955	$	2,384

Schedule of Collateral Dependent Loans

The following table presents collateral dependent loans as of:



(In thousands)	March 31, 2020		December 31, 2019
Construction and land development	$	606	$	4,926
Commercial real estate - owner occupied	4,507		2,571
Commercial real estate - non owner occupied	4,274		3,152
Residential real estate	8,932		11,550
Commercial and financial	4,844		4,338
Consumer	581		141
Totals	$	23,744	$	26,678

Schedule of Risk Categories of Loans by Class of Loans

The following tables present the risk rating of loans by year of origination:



	March 31, 2020
(In thousands)	2020		2019		2018		2017		2016		Prior		Revolving		Total
Construction and Land Development
Risk Ratings:
Pass	$	12,458	$	94,108	$	87,137	$	37,337	$	10,678	$	18,562	$	29,733	$	290,013
Special Mention	280		691		1,470		—		—		2,191		—		4,632
Substandard	—		—		—		—		—		32		—		32
Substandard Impaired	—		—		—		—		574		154		—		728
Doubtful	—		—		—		—		—		—		—		—
Total	12,738		94,799		88,607		37,337		11,252		20,939		29,733		295,405
Commercial real estate - owner occupied
Risk Ratings:
Pass	42,888		189,419		162,584		145,468		161,131		339,852		17,011		1,058,353
Special Mention	202		1,633		371		—		4,471		5,147		—		11,824
Substandard	—		—		—		3,805		1,070		3,335		—		8,210
Substandard Impaired	—		—		—		1,451		—		2,735		—		4,186
Doubtful¹	—		—		—		—		320		—		—		320
Total	43,090		191,052		162,955		150,724		166,992		351,069		17,011		1,082,893
Commercial real estate - non owner occupied
Risk Ratings:
Pass	48,094		328,437		229,350		131,409		202,980		390,699		5,493		1,336,462
Special Mention	—		108		5,478		5,288		15,483		6,529		—		32,886
Substandard	—		—		—		—		—		5,345		1,350		6,695
Substandard Impaired	—		—		—		—		126		4,927		—		5,053
Doubtful	—		—		—		—		—		—		—		—
Total	48,094		328,545		234,828		136,697		218,589		407,500		6,843		1,381,096
Residential real estate
Risk Ratings:
Pass	33,704		164,901		281,466		307,018		209,956		223,116		313,101		1,533,262
Special Mention	—		25		1,414		—		1,025		570		805		3,839
Substandard	—		—		—		3,763		—		2,235		1,945		7,943
Substandard Impaired	—		707		—		—		—		11,990		2,013		14,710
Doubtful	—		—		—		—		—		—		—		—
Total	33,704		165,633		282,880		310,781		210,981		237,911		317,864		1,559,754
Commercial and financial
Risk Ratings:
Pass	48,507		158,373		120,271		97,771		49,293		56,869		244,912		775,996
Special Mention	—		1,005		263		530		363		2,505		889		5,555
Substandard	—		310		106		513		675		1,922		2,351		5,877
Substandard Impaired	—		—		1,224		2,076		1,080		1,167		932		6,479
Doubtful¹	—		518		974		293		337		—		9		2,131
Total	48,507		160,206		122,838		101,183		51,748		62,463		249,093		796,038



	March 31, 2020
(In thousands)	2020		2019		2018		2017		2016		Prior		Revolving		Total
Consumer
Risk Ratings:
Pass	12,759		60,062		42,780		28,500		28,195		14,071		10,375		196,742
Special Mention	—		78		307		122		121		97		2,622		3,347
Substandard	—		36		61		131		613		51		262		1,154
Substandard Impaired	—		18		—		8		44		709		—		779
Doubtful	—		—		—		—		—		—		—		—
Total	12,759		60,194		43,148		28,761		28,973		14,928		13,259		202,022
Consolidated
Risk Ratings:
Pass	198,410		995,300		923,588		747,503		662,233		1,043,169		620,625		5,190,828
Special Mention	482		3,540		9,303		5,940		21,463		17,039		4,316		62,083
Substandard	—		346		167		8,212		2,358		12,920		5,908		29,911
Substandard Impaired	—		725		1,224		3,535		1,824		21,682		2,945		31,935
Doubtful¹	—		518		974		293		657		—		9		2,451
Total	$	198,892	$	1,000,429	$	935,256	$	765,483	$	688,535	$	1,094,810	$	633,803	$	5,317,208
¹Loans classified as doubtful are fully reserved as of March 31, 2020.

The following table presents the risk rating of loans as of:



	December 31, 2019
(In thousands)	Pass		Special Mention		Substandard		Doubtful¹		Total
Construction and land development	$	317,765	$	2,235	$	5,113	$	—	$	325,113
Commercial real estate	2,331,725		26,827		20,098		321		2,378,971
Residential real estate	1,482,278		7,364		18,221		—		1,507,863
Commercial and financial	755,957		11,925		9,496		874		778,252
Consumer	203,966		3,209		1,030		—		208,205
Totals	$	5,091,691	$	51,560	$	53,958	$	1,195	$	5,198,404
¹Loans classified as doubtful are fully reserved as of December 31, 2019.

Schedule of Troubled Debt Restructuring

The following table presents loans that were modified during the three months ended:



	March 31, 2020
(In thousands)	Number of Contracts	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Construction and land development	—	$	—	$	—
Commercial real estate - owner occupied	—	—		—
Commercial real estate - non owner occupied	—	—		—
Residential real estate	1	45		45
Commercial and financial	4	437		437
Consumer	—	—		—
Totals	5	$	482	$	482

	March 31, 2019
(In thousands)	Number of Contracts	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Construction and land development	—	—		—
Commercial real estate - owner occupied	1	180		180
Commercial real estate - non owner occupied	—	—		—
Residential real estate	—	—		—
Commercial and financial	1	1,815		1,815
Consumer	—	—		—
Totals	2	1,995		1,995