IMPAIRED LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

6 Months Ended

Jun. 30, 2017

Financing Receivable, Allowance for Credit Losses [Line Items]

Troubled Debt Restructurings on Financing Receivables

The following table presents loans that were modified within the six months ending June 30, 2017:

			Pre-		Post-
			Modification		Modification
	Number		Outstanding		Outstanding		Valuation
	of		Recorded		Recorded		Allowance
(Dollars in thousands)	Contracts		Investment		Investment		Recorded
Construction and land development		1	$	52	$	46	$	6
Residential real estate		1		15		15		0
		2	$	67	$	61	$	6

The following table presents loans that were modified within the six months ending June 30, 2016:

			Pre-		Post-
			Modification		Modification
	Number		Outstanding		Outstanding		Valuation
	of		Recorded		Recorded		Allowance
(Dollars in thousands)	Contracts		Investment		Investment		Recorded
Residential real estate		6	$	1,660	$	1,489	$	171
		6	$	1,660	$	1,489	$	171

Impaired Financing Receivables

As of June 30, 2017 and December 31, 2016, the Company’s recorded investment in impaired loans (excluding PCI loans), the unpaid principal balance, and the related valuation allowance were as follows:

	June 30, 2017
			Unpaid		Related
	Recorded		Principal		Valuation
(Dollars in thousands)	Investment		Balance		Allowance
Impaired Loans with No Related Allowance Recorded:
Construction and land development	$	577	$	879	$	0
Commercial real estate		2,791		4,134		0
Residential real estate		10,099		14,607		0
Commercial and financial		352		361		0
Consumer		127		200		0
Impaired Loans with an Allowance Recorded:
Construction and land development		355		367		145
Commercial real estate		4,964		4,970		244
Residential real estate		10,360		10,566		1,255
Commercial and financial		406		197		209
Consumer		355		355		58
Total:
Construction and land development		932		1,246		145
Commercial real estate		7,755		9,104		244
Residential real estate		20,459		25,173		1,255
Commercial and financial		758		558		209
Consumer		482		555		58
	$	30,386	$	36,636	$	1,911

	December 31, 2016
			Unpaid		Related
	Recorded		Principal		Valuation
(Dollars in thousands)	Investment		Balance		Allowance
Impaired Loans with No Related Allowance Recorded:
Construction and land development	$	226	$	321	$	0
Commercial real estate		3,267		4,813		0
Residential real estate		9,706		14,136		0
Commercial and financial		199		206		0
Consumer		0		0		0
Impaired Loans with an Allowance Recorded:
Construction and land development		51		51		0
Commercial real estate		6,937		6,949		395
Residential real estate		12,332		12,681		2,059
Commercial and financial		0		0		0
Consumer		0		0		0
Total:
Construction and land development		277		372		0
Commercial real estate		10,204		11,762		395
Residential real estate		22,038		26,817		2,059
Commercial and financial		199		206		0
Consumer		0		0		0
	$	32,718	$	39,157	$	2,454

For the three months ended June 30, 2017 and 2016, the Company’s average recorded investments in impaired loans (excluding PCI loans) and related interest income were as follows:

	Three Months Ended				Three Months Ended
	June 30, 2017				June 30, 2016
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
(Dollars in thousands)	Investment		Recognized		Investment		Recognized
Impaired Loans with No Related Allowance Recorded:
Construction & land development	$	538	$	11	$	214	$	0
Commercial real estate		2,521		40		1,860		2
Residential real estate		9,831		159		9,587		37
Commercial and financial		155		6		16		0
Consumer		154		3		183		1
Impaired Loans with an Allowance Recorded:
Construction & land development		279		2		634		6
Commercial real estate		5,745		39		6,906		73
Residential real estate		11,173		84		11,993		100
Commercial and financial		371		3		0		0
Consumer		311		7		356		5
Total:
Construction & land development		817		13		848		6
Commercial real estate		8,266		79		8,766		75
Residential real estate		21,004		243		21,580		137
Commercial and financial		526		9		16		0
Consumer		465		10		539		6
	$	31,078	$	354	$	31,749	$	224

For the six months ended June 30, 2017 and 2016, the Company’s average recorded investments in impaired loans (excluding PCI loans) and related interest income were as follows:

	Six Months Ended				Six Months Ended
	June 30, 2017				June 30, 2016
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
(Dollars in thousands)	Investment		Recognized		Investment		Recognized
Impaired Loans with No Related Allowance Recorded:
Construction & land development	$	431	$	22	$	179	$	0
Commercial real estate		2,747		79		2,063		5
Residential real estate		9,767		297		9,493		71
Commercial and financial		153		7		16		0
Consumer		105		7		212		1
Impaired Loans with an Allowance Recorded:
Construction & land development		197		5		702		13
Commercial real estate		6,207		108		6,970		147
Residential real estate		11,627		197		12,128		185
Commercial and financial		244		7		0		0
Consumer		204		10		353		9
Total:
Construction & land development		628		27		881		13
Commercial real estate		8,954		187		9,033		152
Residential real estate		21,394		494		21,621		256
Commercial and financial		397		14		16		0
Consumer		309		17		565		10
	$	31,682	$	739	$	32,116	$	431

Allowance for Credit Losses on Financing Receivables

Activity in the allowance for loan losses (excluding PCI loans) for the three month and six month periods ended June 30, 2017 is summarized as follows:

	Allowance for Loan Losses for the Three Months Ended June 30, 2017
			Provision						Net
	Beginning		for Loan		Charge-				(Charge-Offs)		Ending
(Dollars in thousands)	Balance		Losses		Offs		Recoveries		Recoveries		Balance
Construction & land development	$	1,352	$	128	$	0	$	94	$	94	$	1,574
Commercial real estate		9,861		(167)		(102)		331		229		9,923
Residential real estate		7,064		324		(64)		99		35		7,423
Commercial and financial		4,635		1,193		(447)		79		(368)		5,460
Consumer		1,650		(77)		(55)		102		47		1,620
	$	24,562	$	1,401	$	(668)	$	705	$	37	$	26,000

	Allowance for Loan Losses for the Six Months Ended June 30, 2017
			Provision						Net
	Beginning		for Loan		Charge-				(Charge-Offs)		Ending
(Dollars in thousands)	Balance		Losses		Offs		Recoveries		Recoveries		Balance
Construction & land development	$	1,219	$	192	$	0	$	163	$	163	$	1,574
Commercial real estate		9,273		313		(102)		439		337		9,923
Residential real estate		7,483		(100)		(187)		227		40		7,423
Commercial and financial		3,636		2,314		(616)		126		(490)		5,460
Consumer		1,789		(14)		(314)		159		(155)		1,620
	$	23,400	$	2,705	$	(1,219)	$	1,114	$	(105)	$	26,000

Activity in the allowance for loan losses (excluding PCI loans) for the three month and six month periods ended June 30, 2016 is summarized as follows:

	Allowance for Loan Losses for the Three Months Ended June 30, 2016
			Provision						Net
	Beginning		for Loan		Charge-				(Charge-Offs)		Ending
(Dollars in thousands)	Balance		Losses		Offs		Recoveries		Recoveries		Balance
Construction & land development	$	1,285	$	(239)	$	0	$	114	$	114	$	1,160
Commercial real estate		6,677		495		(3)		23		20		7,192
Residential real estate		8,512		(420)		(28)		235		207		8,299
Commercial and financial		1,991		566		(38)		72		34		2,591
Consumer		1,259		260		(53)		17		(36)		1,483
	$	19,724	$	662	$	(122)	$	461	$	339	$	20,725

	Allowance for Loan Losses for the Six Months Ended June 30, 2016
			Provision						Net
	Beginning		for Loan		Charge-				Charge-		Ending
(Dollars in thousands)	Balance		Losses		Offs		Recoveries		Offs		Balance
Construction & land development	$	1,151	$	(180)	$	0	$	189	$	189	$	1,160
Commercial real estate		6,756		510		(176)		102		(74)		7,192
Residential real estate		8,057		(10)		(145)		397		252		8,299
Commercial and financial		2,042		147		(93)		495		402		2,591
Consumer		1,122		394		(80)		47		(33)		1,483
	$	19,128	$	861	$	(494)	$	1,230	$	736	$	20,725

Loan Portfolio And Related Allowance

The allowance for loan losses is composed of specific allowances for certain impaired loans and general allowances grouped into loan pools based on similar characteristics. The Company’s loan portfolio (excluding PCI loans) and related allowance at June 30, 2017 and December 31, 2016 is shown in the following tables:

	At June 30, 2017
	Individually Evaluated for				Collectively Evaluated for
	Impairment				Impairment				Total
	Recorded		Associated		Recorded		Associated		Recorded		Associated
(Dollars in thousands)	Investment		Allowance		Investment		Allowance		Investment		Allowance
Construction & land development	$	932	$	145	$	229,529	$	1,429	$	230,461	$	1,574
Commercial real estate		7,755		244		1,444,850		9,679		1,452,605		9,923
Residential real estate		20,459		1,255		969,983		6,168		990,442		7,423
Commercial and financial		758		209		463,526		5,251		464,284		5,460
Consumer		482		58		178,669		1,562		179,151		1,620
	$	30,386	$	1,911	$	3,286,557	$	24,089	$	3,316,943	$	26,000

	At December 31, 2016
	Individually Evaluated for				Collectively Evaluated for
	Impairment				Impairment				Total
	Recorded		Associated		Recorded		Associated		Recorded		Associated
(Dollars in thousands)	Investment		Allowance		Investment		Allowance		Investment		Allowance
Construction & land development	$	277	$	0	$	159,839	$	1,219	$	160,116	$	1,219
Commercial real estate		10,204		395		1,335,832		8,878		1,346,036		9,273
Residential real estate		22,038		2,059		814,250		5,424		836,288		7,483
Commercial and financial		199		0		369,449		3,636		369,648		3,636
Consumer		0		0		154,452		1,789		154,452		1,789
	$	32,718	$	2,454	$	2,833,822	$	20,946	$	2,866,540	$	23,400

PCI Loans [Member]

Financing Receivable, Allowance for Credit Losses [Line Items]

Loan Portfolio And Related Allowance

The table below summarizes PCI loans that were individually evaluated for impairment based on expected cash flows at June 30, 2017 and December 31, 2016:

	PCI Loans Individually Evaluated for Impairment
	June 30, 2017				December 31, 2016
	Recorded		Associated		Recorded		Associated
(Dollars in thousands)	Investment		Allowance		Investment		Allowance
Construction & land development	$	113	$	0	$	114	$	0
Commercial real estate		11,463		0		11,257		0
Residential real estate		702		0		684		0
Commercial and financial		854		0		941		0
Consumer		0		0		0		0
	$	13,132	$	0	$	12,996	$	0