XML 34 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Loans and Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
Schedule of Loans Outstanding by Category

The following is a schedule of loans outstanding by category:

 

 

 

June 30, 2017

 

 

December 31, 2016

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

 

(Dollars in thousands)

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$

927,616

 

 

 

20.26

%

 

$

828,260

 

 

 

18.82

%

Oil & gas production and equipment

 

 

96,230

 

 

 

2.10

 

 

 

84,228

 

 

 

1.91

 

Agriculture

 

 

135,298

 

 

 

2.96

 

 

 

144,751

 

 

 

3.29

 

State and political subdivisions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Taxable

 

 

81,164

 

 

 

1.77

 

 

 

33,793

 

 

 

0.77

 

Tax-exempt

 

 

48,840

 

 

 

1.07

 

 

 

47,283

 

 

 

1.07

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction

 

 

412,367

 

 

 

9.01

 

 

 

420,884

 

 

 

9.57

 

Farmland

 

 

201,535

 

 

 

4.40

 

 

 

197,872

 

 

 

4.50

 

One to four family residences

 

 

859,980

 

 

 

18.78

 

 

 

846,360

 

 

 

19.24

 

Multifamily residential properties

 

 

46,995

 

 

 

1.03

 

 

 

57,806

 

 

 

1.31

 

Commercial

 

 

1,455,612

 

 

 

31.79

 

 

 

1,426,643

 

 

 

32.42

 

Consumer

 

 

280,345

 

 

 

6.12

 

 

 

279,704

 

 

 

6.36

 

Other (not classified above)

 

 

32,411

 

 

 

0.71

 

 

 

32,648

 

 

 

0.74

 

Total loans

 

$

4,578,393

 

 

 

100.00

%

 

$

4,400,232

 

 

 

100.00

%

 
Summary of Nonperforming and Restructured Assets

The following is a summary of nonperforming and restructured assets:

 

 

 

June 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

 

(Dollars in thousands)

 

Past due 90 days or more and still accruing

 

$

2,217

 

 

$

1,962

 

Nonaccrual

 

 

19,607

 

 

 

31,798

 

Restructured

 

 

3,561

 

 

 

1,713

 

Total nonperforming and restructured loans

 

 

25,385

 

 

 

35,473

 

Other real estate owned and repossessed assets

 

 

4,211

 

 

 

3,866

 

Total nonperforming and restructured assets

 

$

29,596

 

 

$

39,339

 

 
Summary of Amounts Included in Nonaccrual Loans Segregated by Class of Loans

The following table is a summary of amounts included in nonaccrual loans, segregated by class of loans. Residential real estate refers to one-to-four family real estate.

 

 

 

June 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

 

(Dollars in thousands)

 

Real estate:

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

641

 

 

$

713

 

Non-residential real estate other

 

 

1,865

 

 

 

5,688

 

Residential real estate permanent mortgage

 

 

886

 

 

 

1,116

 

Residential real estate all other

 

 

4,829

 

 

 

5,089

 

Commercial and financial:

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

3,542

 

 

 

4,464

 

Consumer non-real estate

 

 

271

 

 

 

265

 

Other loans

 

 

4,928

 

 

 

8,370

 

Acquired loans

 

 

2,645

 

 

 

6,093

 

Total

 

$

19,607

 

 

$

31,798

 

 
Age Analysis of Past Due Loans Segregated by Class of Loans

The following table presents an age analysis of past due loans, segregated by class of loans:

 

 

 

Age Analysis of Past Due Loans

 

 

 

30-59

Days

Past Due

 

 

60-89

Days

Past Due

 

 

90 Days

and

Greater

 

 

Total

Past Due

Loans

 

 

Current

Loans

 

 

Total Loans

 

 

Accruing

Loans 90

Days or

More

Past Due

 

 

 

(Dollars in thousands)

 

As of June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

3,991

 

 

$

145

 

 

$

730

 

 

$

4,866

 

 

$

586,223

 

 

$

591,089

 

 

$

229

 

Non-residential real estate other

 

 

1,354

 

 

 

70

 

 

 

267

 

 

 

1,691

 

 

 

1,126,418

 

 

 

1,128,109

 

 

 

29

 

Residential real estate permanent mortgage

 

 

1,504

 

 

 

483

 

 

 

781

 

 

 

2,768

 

 

 

327,963

 

 

 

330,731

 

 

 

482

 

Residential real estate all other

 

 

4,872

 

 

 

294

 

 

 

1,011

 

 

 

6,177

 

 

 

751,940

 

 

 

758,117

 

 

 

287

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

4,133

 

 

 

671

 

 

 

1,771

 

 

 

6,575

 

 

 

1,201,751

 

 

 

1,208,326

 

 

 

564

 

Consumer non-real estate

 

 

1,562

 

 

 

505

 

 

 

554

 

 

 

2,621

 

 

 

281,536

 

 

 

284,157

 

 

 

388

 

Other loans

 

 

555

 

 

 

4,941

 

 

 

4,869

 

 

 

10,365

 

 

 

134,183

 

 

 

144,548

 

 

 

101

 

Acquired loans

 

 

728

 

 

 

113

 

 

 

416

 

 

 

1,257

 

 

 

132,059

 

 

 

133,316

 

 

 

137

 

Total

 

$

18,699

 

 

$

7,222

 

 

$

10,399

 

 

$

36,320

 

 

$

4,542,073

 

 

$

4,578,393

 

 

$

2,217

 

As of December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

2,255

 

 

$

96

 

 

$

150

 

 

$

2,501

 

 

$

569,130

 

 

$

571,631

 

 

$

—

 

Non-residential real estate other

 

 

611

 

 

 

16

 

 

 

418

 

 

 

1,045

 

 

 

1,122,351

 

 

 

1,123,396

 

 

 

—

 

Residential real estate permanent mortgage

 

 

2,742

 

 

 

649

 

 

 

1,273

 

 

 

4,664

 

 

 

320,749

 

 

 

325,413

 

 

 

513

 

Residential real estate all other

 

 

2,559

 

 

 

531

 

 

 

1,416

 

 

 

4,506

 

 

 

743,723

 

 

 

748,229

 

 

 

369

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

1,269

 

 

 

1,628

 

 

 

741

 

 

 

3,638

 

 

 

1,047,547

 

 

 

1,051,185

 

 

 

608

 

Consumer non-real estate

 

 

2,046

 

 

 

760

 

 

 

419

 

 

 

3,225

 

 

 

280,652

 

 

 

283,877

 

 

 

274

 

Other loans

 

 

5,345

 

 

 

958

 

 

 

7,775

 

 

 

14,078

 

 

 

127,404

 

 

 

141,482

 

 

 

45

 

Acquired loans

 

 

825

 

 

 

310

 

 

 

408

 

 

 

1,543

 

 

 

153,476

 

 

 

155,019

 

 

 

153

 

Total

 

$

17,652

 

 

$

4,948

 

 

$

12,600

 

 

$

35,200

 

 

$

4,365,032

 

 

$

4,400,232

 

 

$

1,962

 

 
Impaired Loans Segregated by Class of Loans

The following table presents impaired loans, segregated by class of loans. During the six month period ended June 30, 2017, $2.3 million of interest income was recognized on impaired loans subsequent to their classification as impaired. During previous periods no material amount of interest income was recognized on impaired loans subsequent to their classification as impaired. 

 

 

 

Impaired Loans

 

 

 

Unpaid

Principal

Balance

 

 

Recorded

Investment

with Allowance

 

 

Related

Allowance

 

 

Average

Recorded

Investment

 

 

 

(Dollars in thousands)

 

As of June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

1,065

 

 

$

958

 

 

$

31

 

 

$

1,060

 

Non-residential real estate other

 

 

1,967

 

 

 

1,894

 

 

 

184

 

 

 

2,057

 

Residential real estate permanent mortgage

 

 

1,623

 

 

 

1,418

 

 

 

104

 

 

 

1,483

 

Residential real estate all other

 

 

5,420

 

 

 

5,195

 

 

 

1,555

 

 

 

5,136

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

13,725

 

 

 

7,257

 

 

 

1,454

 

 

 

6,401

 

Consumer non-real estate

 

 

790

 

 

 

754

 

 

 

117

 

 

 

776

 

Other loans

 

 

6,471

 

 

 

5,030

 

 

 

689

 

 

 

5,523

 

Acquired loans

 

 

4,747

 

 

 

3,020

 

 

 

—

 

 

 

4,967

 

Total

 

$

35,808

 

 

$

25,526

 

 

$

4,134

 

 

$

27,403

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

894

 

 

$

806

 

 

$

101

 

 

$

825

 

Non-residential real estate other

 

 

7,742

 

 

 

5,688

 

 

 

574

 

 

 

5,854

 

Residential real estate permanent mortgage

 

 

1,878

 

 

 

1,683

 

 

 

124

 

 

 

1,612

 

Residential real estate all other

 

 

5,871

 

 

 

5,614

 

 

 

1,538

 

 

 

5,445

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

12,015

 

 

 

6,272

 

 

 

1,457

 

 

 

6,478

 

Consumer non-real estate

 

 

686

 

 

 

650

 

 

 

133

 

 

 

788

 

Other loans

 

 

9,799

 

 

 

8,415

 

 

 

1,870

 

 

 

8,062

 

Acquired loans

 

 

8,780

 

 

 

6,581

 

 

 

—

 

 

 

6,041

 

Total

 

$

47,665

 

 

$

35,709

 

 

$

5,797

 

 

$

35,105

 

 
Internal Loan Grading by Class of Loans

The following table presents internal loan grading by class of loans:

 

 

 

Internal Loan Grading

 

 

 

Grade

 

 

 

 

1

 

 

 

2

 

 

 

3

 

 

 

4

 

 

 

5

 

 

Total

 

 

 

(Dollars in thousands)

 

As of June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

474,155

 

 

$

101,757

 

 

$

14,536

 

 

$

641

 

 

$

—

 

 

$

591,089

 

Non-residential real estate other

 

 

941,448

 

 

 

169,968

 

 

 

14,759

 

 

 

1,934

 

 

 

—

 

 

 

1,128,109

 

Residential real estate permanent mortgage

 

 

289,912

 

 

 

33,676

 

 

 

5,805

 

 

 

1,338

 

 

 

—

 

 

 

330,731

 

Residential real estate all other

 

 

607,861

 

 

 

134,189

 

 

 

10,918

 

 

 

5,149

 

 

 

—

 

 

 

758,117

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

947,575

 

 

 

234,258

 

 

 

22,652

 

 

 

3,841

 

 

 

—

 

 

 

1,208,326

 

Consumer non-real estate

 

 

263,875

 

 

 

17,473

 

 

 

2,093

 

 

 

716

 

 

 

—

 

 

 

284,157

 

Other loans

 

 

137,753

 

 

 

5,450

 

 

 

1,115

 

 

 

230

 

 

 

—

 

 

 

144,548

 

Acquired loans

 

 

76,955

 

 

 

34,875

 

 

 

18,390

 

 

 

3,096

 

 

 

—

 

 

 

133,316

 

Total

 

$

3,739,534

 

 

$

731,646

 

 

$

90,268

 

 

$

16,945

 

 

$

—

 

 

$

4,578,393

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

464,504

 

 

$

89,978

 

 

$

16,220

 

 

$

929

 

 

$

—

 

 

$

571,631

 

Non-residential real estate other

 

 

933,743

 

 

 

169,561

 

 

 

14,404

 

 

 

5,688

 

 

 

—

 

 

 

1,123,396

 

Residential real estate permanent mortgage

 

 

284,893

 

 

 

32,889

 

 

 

5,987

 

 

 

1,644

 

 

 

—

 

 

 

325,413

 

Residential real estate all other

 

 

614,338

 

 

 

119,018

 

 

 

9,382

 

 

 

5,491

 

 

 

—

 

 

 

748,229

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

856,318

 

 

 

170,865

 

 

 

19,101

 

 

 

4,901

 

 

 

—

 

 

 

1,051,185

 

Consumer non-real estate

 

 

263,442

 

 

 

17,154

 

 

 

2,640

 

 

 

641

 

 

 

—

 

 

 

283,877

 

Other loans

 

 

132,254

 

 

 

5,376

 

 

 

1,514

 

 

 

2,338

 

 

 

—

 

 

 

141,482

 

Acquired loans

 

 

92,946

 

 

 

42,668

 

 

 

12,888

 

 

 

6,517

 

 

 

—

 

 

 

155,019

 

Total

 

$

3,642,438

 

 

$

647,509

 

 

$

82,136

 

 

$

28,149

 

 

$

—

 

 

$

4,400,232

 

 
Activity in ALL by Class of Loans

The following table details activity in the ALL by class of loans for the period presented. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

 

 

 

ALL

 

 

 

Balance at

beginning of

period

 

 

Charge-

offs

 

 

Recoveries

 

 

Net

charge-offs

 

 

Provisions

charged to

operations

 

 

Balance at

end of

period

 

 

 

(Dollars in thousands)

 

Three Months Ended June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

5,562

 

 

$

(40

)

 

$

3

 

 

$

(37

)

 

$

160

 

 

$

5,685

 

Non-residential real estate other

 

 

10,788

 

 

 

(25

)

 

 

1

 

 

 

(24

)

 

 

(284

)

 

 

10,480

 

Residential real estate permanent mortgage

 

 

3,130

 

 

 

(36

)

 

 

10

 

 

 

(26

)

 

 

44

 

 

 

3,148

 

Residential real estate all other

 

 

8,659

 

 

 

(16

)

 

 

6

 

 

 

(10

)

 

 

263

 

 

 

8,912

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

12,810

 

 

 

(471

)

 

 

61

 

 

 

(410

)

 

 

1,243

 

 

 

13,643

 

Consumer non-real estate

 

 

2,725

 

 

 

(234

)

 

 

32

 

 

 

(202

)

 

 

183

 

 

 

2,706

 

Other loans

 

 

2,958

 

 

 

(56

)

 

 

1

 

 

 

(55

)

 

 

103

 

 

 

3,006

 

Acquired loans

 

 

1,289

 

 

 

(1

)

 

 

8

 

 

 

7

 

 

 

129

 

 

 

1,425

 

Total

 

$

47,921

 

 

$

(879

)

 

$

122

 

 

$

(757

)

 

$

1,841

 

 

$

49,005

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

5,602

 

 

$

(72

)

 

$

4

 

 

$

(68

)

 

$

151

 

 

$

5,685

 

Non-residential real estate other

 

 

10,793

 

 

 

(26

)

 

 

2

 

 

 

(24

)

 

 

(289

)

 

 

10,480

 

Residential real estate permanent mortgage

 

 

3,129

 

 

 

(156

)

 

 

11

 

 

 

(145

)

 

 

164

 

 

 

3,148

 

Residential real estate all other

 

 

8,622

 

 

 

(73

)

 

 

17

 

 

 

(56

)

 

 

346

 

 

 

8,912

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

12,421

 

 

 

(677

)

 

 

979

 

 

 

302

 

 

 

920

 

 

 

13,643

 

Consumer non-real estate

 

 

2,804

 

 

 

(468

)

 

 

83

 

 

 

(385

)

 

 

287

 

 

 

2,706

 

Other loans

 

 

4,045

 

 

 

(1,274

)

 

 

5

 

 

 

(1,269

)

 

 

230

 

 

 

3,006

 

Acquired loans

 

 

1,277

 

 

 

(14

)

 

 

58

 

 

 

44

 

 

 

104

 

 

 

1,425

 

Total

 

$

48,693

 

 

$

(2,760

)

 

$

1,159

 

 

$

(1,601

)

 

$

1,913

 

 

$

49,005

 

 

 

 

ALL

 

 

 

Balance at

beginning of

period

 

 

Charge-

offs

 

 

Recoveries

 

 

Net

charge-offs

 

 

Provisions

charged to

operations

 

 

Balance at

end of

period

 

 

 

(Dollars in thousands)

 

Three Months Ended June 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

4,832

 

 

$

(9

)

 

$

—

 

 

$

(9

)

 

$

73

 

 

$

4,896

 

Non-residential real estate other

 

 

10,211

 

 

 

(3

)

 

 

1

 

 

 

(2

)

 

 

93

 

 

 

10,302

 

Residential real estate permanent mortgage

 

 

3,164

 

 

 

(49

)

 

 

21

 

 

 

(28

)

 

 

67

 

 

 

3,203

 

Residential real estate all other

 

 

7,989

 

 

 

(70

)

 

 

7

 

 

 

(63

)

 

 

367

 

 

 

8,293

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

12,813

 

 

 

(502

)

 

 

35

 

 

 

(467

)

 

 

1,095

 

 

 

13,441

 

Consumer non-real estate

 

 

2,553

 

 

 

(134

)

 

 

38

 

 

 

(96

)

 

 

292

 

 

 

2,749

 

Other loans

 

 

2,790

 

 

 

(149

)

 

 

7

 

 

 

(142

)

 

 

729

 

 

 

3,377

 

Acquired loans

 

 

219

 

 

 

(13

)

 

 

11

 

 

 

(2

)

 

 

88

 

 

 

305

 

Total

 

$

44,571

 

 

$

(929

)

 

$

120

 

 

$

(809

)

 

$

2,804

 

 

$

46,566

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

4,661

 

 

$

(10

)

 

$

—

 

 

$

(10

)

 

$

245

 

 

$

4,896

 

Non-residential real estate other

 

 

9,921

 

 

 

(4

)

 

 

2

 

 

 

(2

)

 

 

383

 

 

 

10,302

 

Residential real estate permanent mortgage

 

 

3,148

 

 

 

(99

)

 

 

38

 

 

 

(61

)

 

 

116

 

 

 

3,203

 

Residential real estate all other

 

 

6,725

 

 

 

(137

)

 

 

11

 

 

 

(126

)

 

 

1,694

 

 

 

8,293

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

11,754

 

 

 

(1,305

)

 

 

46

 

 

 

(1,259

)

 

 

2,946

 

 

 

13,441

 

Consumer non-real estate

 

 

2,642

 

 

 

(355

)

 

 

76

 

 

 

(279

)

 

 

386

 

 

 

2,749

 

Other loans

 

 

2,648

 

 

 

(282

)

 

 

13

 

 

 

(269

)

 

 

998

 

 

 

3,377

 

Acquired loans

 

 

167

 

 

 

(17

)

 

 

16

 

 

 

(1

)

 

 

139

 

 

 

305

 

Total

 

$

41,666

 

 

$

(2,209

)

 

$

202

 

 

$

(2,007

)

 

$

6,907

 

 

$

46,566

 

 
Allowance for Loan Losses Outstanding by Impairment Methodology

The following table details the amount of ALL by class of loans for the period presented, detailed on the basis of the impairment methodology used by the Company.

 

 

 

ALL

 

 

 

June 30, 2017

 

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually

evaluated for

impairment

 

 

Collectively

evaluated for

impairment

 

 

Individually

evaluated for

impairment

 

 

Collectively

evaluated for

impairment

 

 

 

(Dollars in thousands)

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied.

 

$

569

 

 

$

5,116

 

 

$

716

 

 

$

4,886

 

Non-residential real estate other

 

 

739

 

 

 

9,741

 

 

 

1,119

 

 

 

9,674

 

Residential real estate permanent mortgage

 

 

391

 

 

 

2,757

 

 

 

422

 

 

 

2,707

 

Residential real estate all other

 

 

2,305

 

 

 

6,607

 

 

 

2,160

 

 

 

6,462

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

3,517

 

 

 

10,126

 

 

 

3,317

 

 

 

9,104

 

Consumer non-real estate

 

 

400

 

 

 

2,306

 

 

 

478

 

 

 

2,326

 

Other loans

 

 

656

 

 

 

2,350

 

 

 

1,812

 

 

 

2,233

 

Acquired loans

 

 

12

 

 

 

1,413

 

 

 

495

 

 

 

782

 

Total

 

$

8,589

 

 

$

40,416

 

 

$

10,519

 

 

$

38,174

 

 
Loans Outstanding by Impairment Methodology

The following table details the loans outstanding by class of loans for the period presented, on the basis of the impairment methodology used by the Company.

 

 

 

Loans

 

 

 

June 30, 2017

 

 

December 31, 2016

 

 

 

Individually

evaluated for

impairment

 

 

Collectively

evaluated for

impairment

 

 

Loans acquired

with deteriorated

credit quality

 

 

Individually

evaluated for

impairment

 

 

Collectively

evaluated for

impairment

 

 

Loans acquired

with deteriorated

credit quality

 

 

 

(Dollars in thousands)

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

15,177

 

 

$

575,912

 

 

$

—

 

 

$

17,149

 

 

$

554,482

 

 

$

—

 

Non-residential real estate other

 

 

16,692

 

 

 

1,111,417

 

 

 

—

 

 

 

20,092

 

 

 

1,103,304

 

 

 

—

 

Residential real estate permanent mortgage

 

 

7,144

 

 

 

323,587

 

 

 

—

 

 

 

7,631

 

 

 

317,782

 

 

 

—

 

Residential real estate all other

 

 

16,067

 

 

 

742,050

 

 

 

—

 

 

 

14,873

 

 

 

733,356

 

 

 

—

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

26,194

 

 

 

1,182,132

 

 

 

—

 

 

 

24,002

 

 

 

1,027,183

 

 

 

—

 

Consumer non-real estate

 

 

2,809

 

 

 

281,348

 

 

 

—

 

 

 

3,203

 

 

 

280,674

 

 

 

—

 

Other loans

 

 

572

 

 

 

143,976

 

 

 

—

 

 

 

2,254

 

 

 

139,228

 

 

 

—

 

Acquired loans

 

 

15,834

 

 

 

111,830

 

 

 

5,652

 

 

 

13,459

 

 

 

135,616

 

 

 

5,944

 

Total

 

$

100,489

 

 

$

4,472,252

 

 

$

5,652

 

 

$

102,663

 

 

$

4,291,625

 

 

$

5,944

 

 
Transfers from Loans to Other Real Estate Owned and Repossessed Assets

Transfers from loans to other real estate owned and repossessed assets during the periods presented, are summarized as follows:

 

 

 

Six Months Ended

June 30,

 

 

 

2017

 

 

2016

 

 

 

(Dollars in thousands)

 

Other real estate owned

 

$

1,513

 

 

$

1,210

 

Repossessed assets

 

 

612

 

 

 

750

 

Total

 

$

2,125

 

 

$

1,960