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Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Schedule of Allowance for Loan Losses
Activity in the allowance for loan losses for the three month and six month periods ended June 30, 2018 and 2017 is summarized as follows:
 
 
Three Months Ended June 30, 2018
 
Beginning
Balance
 
Provision
for Loan
Losses
 
Charge-
Offs
 
Recoveries
 
TDR
Allowance
Adjustments
 
Ending
Balance
 
(In thousands)
Construction & land development
$
2,058

 
$
224

 
$
0

 
$
5

 
$
0

 
$
2,287

Commercial real estate
8,842

 
210

 
(14
)
 
103

 
(15
)
 
9,126

Residential real estate
8,047

 
414

 
(27
)
 
433

 
(17
)
 
8,850

Commercial and financial
7,393

 
1,630

 
(1,945
)
 
24

 
0

 
7,102

Consumer
1,778

 
51

 
(328
)
 
59

 
(1
)
 
1,559

Totals
$
28,118


$
2,529


$
(2,314
)

$
624


$
(33
)

$
28,924

 
 
Three Months Ended June 30, 2017
 
Beginning
Balance
 
Provision
for Loan
Losses
 
Charge-
Offs
 
Recoveries
 
TDR
Allowance
Adjustments
 
Ending
Balance
 
(In thousands)
Construction & land development
$
1,352

 
$
128

 
$
0

 
$
94

 
$
0

 
$
1,574

Commercial real estate
9,861

 
(167
)
 
(82
)
 
331

 
(20
)
 
9,923

Residential real estate
7,064

 
324

 
(21
)
 
99

 
(43
)
 
7,423

Commercial and financial
4,635

 
1,193

 
(447
)
 
79

 
0

 
5,460

Consumer
1,650

 
(77
)
 
(54
)
 
102

 
(1
)
 
1,620

Totals
$
24,562


$
1,401


$
(604
)

$
705


$
(64
)

$
26,000

 
 
Six Months Ended June 30, 2018
 
Beginning Balance
 
Provision for Loan Losses
 
Charge- Offs
 
Recoveries
 
TDR Allowance Adjustments
 
Ending Balance
 
(In thousands)
Construction & land development
$
1,642

 
$
635

 
$
0

 
$
10

 
$
0

 
$
2,287

Commercial real estate
9,285

 
(365
)
 
(14
)
 
250

 
(30
)
 
9,126

Residential real estate
7,131

 
1,201

 
(27
)
 
634

 
(89
)
 
8,850

Commercial and financial
7,297

 
1,900

 
(2,143
)
 
48

 
0

 
7,102

Consumer
1,767

 
243

 
(635
)
 
186

 
(2
)
 
1,559

Totals
$
27,122

 
$
3,614

 
$
(2,819
)
 
$
1,128

 
$
(121
)
 
$
28,924

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2017
 
Beginning Balance
 
Provision for Loan Losses
 
Charge- Offs
 
Recoveries
 
TDR Allowance Adjustments
 
Ending Balance
 
(In thousands)
Construction & land development
$
1,219

 
$
192

 
$
0

 
$
165

 
$
(2
)
 
$
1,574

Commercial real estate
9,273

 
313

 
(68
)
 
439

 
(34
)
 
9,923

Residential real estate
7,483

 
(100
)
 
(112
)
 
227

 
(75
)
 
7,423

Commercial and financial
3,636

 
2,314

 
(616
)
 
126

 
0

 
5,460

Consumer
1,789

 
(14
)
 
(312
)
 
159

 
(2
)
 
1,620

Totals
$
23,400

 
$
2,705

 
$
(1,108
)
 
$
1,116

 
$
(113
)
 
$
26,000

 
 
 
 
 
 
 
 
 
 
 
 
Schedule of Loan Portfolio, Excluding PCI Loans and Related Allowance
The table below summarizes PCI loans that were individually evaluated for impairment based on expected cash flows at June 30, 2018 and December 31, 2017:
 
 
June 30, 2018
 
December 31, 2017
 
PCI Loans Individually Evaluated for Impairment
 
Recorded Investment
 
Associated Allowance
 
Recorded Investment
 
Associated Allowance
 
(in thousands)
Construction & land development
$
126

 
$
0

 
$
1,121

 
$
0

Commercial real estate
10,878

 
0

 
9,776

 
0

Residential real estate
1,417

 
0

 
5,626

 
0

Commercial and financial
794

 
0

 
894

 
0

Consumer
0

 
0

 
0

 
0

Totals
$
13,215


$
0


$
17,417


$
0

The Company’s loan portfolio, excluding PCI loans, and related allowance at June 30, 2018 and December 31, 2017 is shown in the following tables:
 
 
June 30, 2018
 
Individually Evaluated for Impairment
 
Collectively Evaluated for Impairment
 
Total
 
Recorded
Investment
 
Associated
Allowance
 
Recorded
Investment
 
Associated
Allowance
 
Recorded
Investment
 
Associated
Allowance
 
(In thousands)
Construction & land development
$
428

 
$
24

 
$
358,516

 
$
2,263

 
$
358,944

 
$
2,287

Commercial real estate
15,665

 
525

 
1,674,752

 
8,601

 
1,690,417

 
9,126

Residential real estate
20,668

 
933

 
1,081,860

 
7,917

 
1,102,528

 
8,850

Commercial and financial
933

 
550

 
617,143

 
6,552

 
618,076

 
7,102

Consumer
438

 
41

 
190,398

 
1,518

 
190,836

 
1,559

Totals
$
38,132


$
2,073


$
3,922,669


$
26,851


$
3,960,801


$
28,924

 
December 31, 2017
 
Individually Evaluated for Impairment
 
Collectively Evaluated for Impairment
 
 Total
 
Recorded
Investment
 
Associated
Allowance
 
Recorded
Investment
 
Associated
Allowance
 
Recorded
Investment
 
Associated
Allowance
 
(In thousands)
Construction & land development
$
474

 
$
23

 
$
341,530

 
$
1,619

 
$
342,004

 
$
1,642

Commercial real estate
8,255

 
195

 
1,621,960

 
9,090

 
1,630,215

 
9,285

Residential real estate
18,720

 
1,091

 
1,014,465

 
6,040

 
1,033,185

 
7,131

Commercial and financial
2,455

 
1,050

 
602,666

 
6,247

 
605,121

 
7,297

Consumer
387

 
43

 
189,049

 
1,724

 
189,436

 
1,767

Totals
$
30,291


$
2,402


$
3,769,670


$
24,720


$
3,799,961


$
27,122