Loans (Tables)

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Information relating to portfolio, purchase credit impaired (“PCI”), and purchase unimpaired (“PUL”) loans at December 31 is summarized as follows:

	2016
	Portfolio Loans		PCI Loans		PUL's		Total
	(In thousands)
Construction and land development	$	137,480	$	114	$	22,522	$	160,116
Commercial real estate		1,041,915		11,257		304,420		1,357,592
Residential real estate		784,290		684		51,813		836,787
Commercial and financial		308,731		941		60,917		370,589
Consumer		152,927		0		1,018		153,945
Other loans		507		0		0		507
NET LOAN BALANCES (1)	$	2,425,850	$	12,996	$	440,690	$	2,879,536

	2015
	Portfolio Loans		PCI Loans		PUL's		Total
	(In thousands)
Construction and land development	$	97,629	$	114	$	11,044	$	108,787
Commercial real estate		776,875		9,990		222,513		1,009,378
Residential real estate		678,131		922		44,732		723,785
Commercial and financial		188,013		1,083		39,421		228,517
Consumer		82,717		0		2,639		85,356
Other loans		507		0		0		507
NET LOAN BALANCES (1)	$	1,823,872	$	12,109	$	320,349	$	2,156,330

(1) Net loan balances at December 31, 2016 and 2015 include deferred costs of $4.4 million  and $7.7 million, respectively.

Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Components Of Purchased Loans

The components of purchased loans are as follows at December 31, 2016 and 2015:

	December 31, 2016						December 31, 2015
	PCI		PULs		Total		PCI		PULs		Total
	(In thousands)						(In thousands)
Construction and land development	$	114	$	22,522	$	22,636	$	114	$	11,045	$	11,159
Commercial real estate		11,257		304,420		315,677		9,990		222,513		232,503
Residential real estate		684		51,813		52,497		922		44,732		45,654
Commercial and financial		941		60,917		61,858		1,083		39,420		40,503
Consumer		0		1,018		1,018		0		2,639		2,639
Carrying value of acquired loans	$	12,996	$	440,690	$	453,686	$	12,109	$	320,349	$	332,458
Carrying value, net of allowance of $0 for 2016 and $137 for 2015	$	12,996	$	440,690	$	453,686	$	12,109	$	320,212	$	332,321

Contractually Required Principal And Interest Cash Payments Changes

The components of purchased loans are as follows at December 31, 2016 and 2015:

	December 31, 2016						December 31, 2015
	PCI		PULs		Total		PCI		PULs		Total
	(In thousands)						(In thousands)
Construction and land development	$	114	$	22,522	$	22,636	$	114	$	11,045	$	11,159
Commercial real estate		11,257		304,420		315,677		9,990		222,513		232,503
Residential real estate		684		51,813		52,497		922		44,732		45,654
Commercial and financial		941		60,917		61,858		1,083		39,420		40,503
Consumer		0		1,018		1,018		0		2,639		2,639
Carrying value of acquired loans	$	12,996	$	440,690	$	453,686	$	12,109	$	320,349	$	332,458
Carrying value, net of allowance of $0 for 2016 and $137 for 2015	$	12,996	$	440,690	$	453,686	$	12,109	$	320,212	$	332,321

The table below summarizes the changes in accretable yield for PCI loans during the twelve months ended December 31, 2016, and December 31, 2015. See Note S for information related to PCI loans acquired during the period.

									Reclassifications from
Activity during the twelve month period ending December 31, 2016	12/31/2015		Additions		Deletions		Accretion		nonaccretable difference		12/31/2016
	(In thousands)
Accretable yield	$	2,610	$	2,052	$	(15)	$	(1,734)	$	894	$	3,807
Carrying value	$	12,109									$	12,996
Allowance for loan losses		0										0
Carrying value less allowance for loan losses	$	12,109									$	12,996

									Reclassifications from
Activity during the twelve month period ending December 31, 2015	12/31/2014		Additions		Deletions		Accretion		nonaccretable difference		12/31/2015
	(In thousands)
Accretable yield	$	1,192	$	702	$	(357)	$	(601)	$	1,674	$	2,610
Carrying value of acquired loans	$	7,814									$	12,109
Allowance for loan losses		(64)										0
Carrying value less allowance for loan losses	$	7,750									$	12,109

									Reclassifications from
Activity during the three month period ending December 31, 2014	9/30/2014		Additions		Deletions		Accretion		nonaccretable difference		12/31/2014
	(In thousands)
Accretable yield	$	0	$	1,256	$	(50)	$	(96)	$	82	$	1,192
Carrying value of acquired loans	$	0									$	7,814
Allowance for loan losses		0										(64)
Carrying value less allowance for loan losses	$	0									$	7,750

Past Due Financing Receivables

The following tables present the contractual aging of the recorded investment in past due loans by class of loans as of December 31, 2016 and 2015:

					Accruing
	Accruing		Accruing		Greater						Total
	30-59 Days		60-89 Days		Than						Financing
December 31, 2016	Past Due		Past Due		90 Days		Nonaccrual		Current		Receivables
Portfolio Loans
Construction and land development	$	0	$	0	$	0	$	438	$	137,042	$	137,480
Commercial real estate		78		171		0		1,784		1,039,882		1,041,915
Residential real estate		1,570		261		0		8,582		773,877		784,290
Commerical and financial		30		0		0		49		308,652		308,731
Consumer		29		59		0		170		152,669		152,927
Other		0		0		0		0		507		507
Total Loans	$	1,707	$	491	$	0	$	11,023	$	2,412,629	$	2,425,850
Purchased Loans
Construction and land development	$	0	$	0	$	0	$	32	$	22,490	$	22,522
Commercial real estate		345		485		0		1,272		302,318		304,420
Residential real estate		153		0		0		1,262		50,398		51,813
Commerical and financial		39		328		0		197		60,353		60,917
Consumer		37		0		0		0		981		1,018
Other		0		0		0		0		0		0
Total Loans	$	574	$	813	$	0	$	2,763	$	436,540	$	440,690
Purchased Impaired Loans
Construction and land development	$	0	$	0	$	0	$	0	$	114	$	114
Commercial real estate		0		0		0		4,285		6,972		11,257
Residential real estate		0		185		0		0		499		684
Commerical and financial		0		0		0		0		941		941
Consumer		0		0		0		0		0		0
Other		0		0		0		0		0		0
Total Loans	$	0	$	185	$	0	$	4,285	$	8,526	$	12,996

	Accruing		Accruing		Greater						Total
	30-59 Days		60-89 Days		Than						Financing
December 31, 2015	Past Due		Past Due		90 Days		Nonaccrual		Current		Receivables
Portfolio Loans
Construction and land development	$	665	$	0	$	0	$	269	$	96,695	$	97,629
Commercial real estate		810		0		0		2,301		773,764		776,875
Residential real estate		141		0		0		9,941		668,049		678,131
Commerical and financial		59		0		0		0		187,954		188,013
Consumer		430		0		0		247		82,040		82,717
Other		0		0		0		0		507		507
Total Loans	$	2,105	$	0	$	0	$	12,758	$	1,809,009	$	1,823,872
Purchased Loans
Construction and land development	$	0	$	0	$	0	$	40	$	11,004	$	11,044
Commercial real estate		179		0		0		2,294		220,040		222,513
Residential real estate		66		0		0		0		44,666		44,732
Commerical and financial		39		0		0		130		39,252		39,421
Consumer		39		0		0		0		2,600		2,639
Other		0		0		0		0		0		0
Total Loans	$	323	$	0	$	0	$	2,464	$	317,562	$	320,349
Purchased Impaired Loans
Construction and land development	$	0	$	0	$	0	$	0	$	114	$	114
Commercial real estate		132		0		0		1,816		8,042		9,990
Residential real estate		0		0		0		348		574		922
Commerical and financial		0		0		0		0		1,083		1,083
Consumer		0		0		0		0		0		0
Other		0		0		0		0		0		0
Total Loans	$	132	$	0	$	0	$	2,164	$	9,813	$	12,109

Financing Receivable Credit Quality Indicators

The following tables present the risk category of loans by class of loans based on the most recent analysis performed as of December 31, 2016 and 2015:

	Construction
	& Land		Commercial		Residential		Commercial &		Consumer
December 31, 2016	Development		Real Estate		Real Estate		Financial		Loans		Total
Pass	$	148,563	$	1,319,696	$	811,576	$	364,241	$	153,730	$	2,797,806
Special mention		5,037		17,184		1,780		3,949		67		28,017
Substandard		5,497		7,438		2,709		2,153		134		17,931
Doubtful		0		0		0		0		0		0
Nonaccrual		470		7,341		9,844		246		170		18,071
Pass - Troubled debt restructures		44		4,988		358		0		44		5,434
Troubled debt restructures		505		945		10,520		0		307		12,277
Total	$	160,116	$	1,357,592	$	836,787	$	370,589	$	154,452	$	2,879,536

	Construction
	& Land		Commercial		Residential		Commercial &		Consumer
December 31, 2015	Development		Real Estate		Real Estate		Financial		Loans		Total
Pass	$	100,186	$	973,942	$	697,907	$	226,391	$	83,786	$	2,082,212
Special mention		3,377		12,599		629		1,209		1,392		19,206
Substandard		4,242		9,278		3,197		769		70		17,556
Doubtful		0		0		0		0		0		0
Nonaccrual		309		6,410		10,290		130		247		17,386
Pass - Troubled debt restructures		58		5,893		0		18		0		5,969
Troubled debt restructures		615		1,256		11,762		0		368		14,001
Total	$	108,787	$	1,009,378	$	723,785	$	228,517	$	85,863	$	2,156,330