NOTE E - ALLOWANCE FOR LOAN AND LEASE LOSSES (ALLL)

The following tables present the activity in the ALLL for non-PCI loan and lease losses by loan class for the three and nine months ended September 30, 2016 and September 30, 2015:



	Three months ended September 30, 2016
(Dollars in thousands)	Construction and land development - commercial			Commercial mortgage			Other commercial real estate			Commercial and industrial			Lease financing			Other			Residential mortgage			Revolving mortgage			Construction and land development - non- commercial			Consumer			Total
Non-PCI Loans
Allowance for loan and lease losses:
Balance at July 1	$	17,169		$	71,613		$	2,138		$	43,908		$	5,766		$	1,755		$	16,076		$	16,728		$	1,653		$	19,647		$	196,453
Provision	835			(2,163		)	150			2,954			274			183			531			679			88			3,899			7,430
Charge-offs	(77		)	(461		)	—			(1,198		)	(132		)	—			(328		)	(391		)	—			(3,623		)	(6,210		)
Recoveries	69			378			13			328			5			170			334			256			—			1,092			2,645
Balance at September 30	$	17,996		$	69,367		$	2,301		$	45,992		$	5,913		$	2,108		$	16,613		$	17,272		$	1,741		$	21,015		$	200,318

	Three months ended September 30, 2015
(Dollars in thousands)	Construction and land development - commercial			Commercial mortgage			Other commercial real estate			Commercial and industrial			Lease financing			Other			Residential mortgage			Revolving mortgage			Construction and land development - non- commercial			Consumer			Total
Balance at July 1	$	13,079		$	80,436		$	804		$	39,392		$	4,706		$	1,188		$	12,705		$	17,290		$	1,133		$	22,116		$	192,849
Provision	1,189			(5,664		)	291			(799		)	424			(58		)	520			871			114			450			(2,662		)
Charge-offs	(336		)	(411		)	—			(784		)	(7		)	—			(394		)	(677		)	—			(2,409		)	(5,018		)
Recoveries	129			794			15			296			16			45			314			363			3			762			2,737
Balance at September 30	$	14,061		$	75,155		$	1,110		$	38,105		$	5,139		$	1,175		$	13,145		$	17,847		$	1,250		$	20,919		$	187,906

	Nine months ended September 30, 2016
(Dollars in thousands)	Construction and land development - commercial			Commercial mortgage			Other commercial real estate			Commercial and industrial			Lease financing			Other			Residential mortgage			Revolving mortgage			Construction and land development - non- commercial			Consumer			Total
Balance at January 1	$	16,288		$	69,896		$	2,168		$	43,116		$	5,524		$	1,855		$	14,105		$	15,971		$	1,485		$	19,496		$	189,904
Provision	2,069			(1,067		)	(34		)	5,236			337			(109		)	2,794			3,306			253			8,193			20,978
Charge-offs	(639		)	(454		)	—			(3,690		)	(93		)	(22		)	(680		)	(2,507		)	—			(9,868		)	(17,953		)
Recoveries	278			992			167			1,330			145			384			394			502			3			3,194			7,389
Balance at September 30	$	17,996		$	69,367		$	2,301		$	45,992		$	5,913		$	2,108		$	16,613		$	17,272		$	1,741		$	21,015		$	200,318

	Nine months ended September 30, 2015
(Dollars in thousands)	Construction and land development - commercial			Commercial mortgage			Other commercial real estate			Commercial and industrial			Lease financing			Other			Residential mortgage			Revolving mortgage			Construction and land development - non- commercial			Consumer			Total
Balance at January 1	$	11,961		$	85,189		$	732		$	30,727		$	4,286		$	3,184		$	10,661		$	18,650		$	892		$	16,555		$	182,837
Provision	2,380			(11,221		)	522			11,294			843			(2,100		)	2,495			440			306			10,029			14,988
Charge-offs	(575		)	(691		)	(178		)	(4,815		)	(28		)	—			(768		)	(2,086		)	(22		)	(7,935		)	(17,098		)
Recoveries	295			1,878			34			899			38			91			757			843			74			2,270			7,179
Balance at September 30	$	14,061		$	75,155		$	1,110		$	38,105		$	5,139		$	1,175		$	13,145		$	17,847		$	1,250		$	20,919		$	187,906

The following tables present the allowance for non-PCI loan losses and the recorded investment in loans, by loan class, based on impairment method as of September 30, 2016 and December 31, 2015:



	September 30, 2016
(Dollars in thousands)	Construction and land development - commercial		Commercial mortgage		Other commercial real estate		Commercial and industrial		Lease financing		Other		Residential mortgage		Revolving mortgage		Construction and land development - non-commercial		Consumer		Total
Allowance for loan and lease losses:
ALLL for loans and leases individually evaluated for impairment	$	239	$	3,126	$	118	$	1,059	$	45	$	22	$	2,077	$	1,046	$	—	$	640	$	8,372
ALLL for loans and leases collectively evaluated for impairment	17,757		66,241		2,183		44,933		5,868		2,086		14,536		16,226		1,741		20,375		191,946
Total allowance for loan and lease losses	$	17,996	$	69,367	$	2,301	$	45,992	$	5,913	$	2,108	$	16,613	$	17,272	$	1,741	$	21,015	$	200,318

Loans and leases:
Loans and leases individually evaluated for impairment	$	3,304	$	79,833	$	1,601	$	10,672	$	1,146	$	443	$	29,327	$	7,708	$	406	$	1,560	$	136,000
Loans and leases collectively evaluated for impairment	638,854		8,699,299		344,429		2,496,495		802,455		325,905		2,784,587		2,565,378		233,977		1,401,401		20,292,780
Total loan and leases	$	642,158	$	8,779,132	$	346,030	$	2,507,167	$	803,601	$	326,348	$	2,813,914	$	2,573,086	$	234,383	$	1,402,961	$	20,428,780

	December 31, 2015
(Dollars in thousands)	Construction and land development - commercial		Commercial mortgage		Other commercial real estate		Commercial and industrial		Lease financing		Other		Residential mortgage		Revolving mortgage		Construction and land development - non-commercial		Consumer		Total
Allowance for loan and lease losses:
ALLL for loans and leases individually evaluated for impairment	$	123	$	3,370	$	289	$	1,118	$	213	$	—	$	1,212	$	299	$	49	$	527	$	7,200
ALLL for loans and leases collectively evaluated for impairment	16,165		66,526		1,879		41,998		5,311		1,855		12,893		15,672		1,436		18,969		182,704
Total allowance for loan and lease losses	$	16,288	$	69,896	$	2,168	$	43,116	$	5,524	$	1,855	$	14,105	$	15,971	$	1,485	$	19,496	$	189,904

Loans and leases:
Loans and leases individually evaluated for impairment	$	3,094	$	95,107	$	427	$	17,910	$	1,755	$	1,183	$	22,986	$	5,883	$	784	$	1,238	$	150,367
Loans and leases collectively evaluated for impairment	617,258		8,179,441		320,594		2,351,048		729,023		313,649		2,672,999		2,517,223		219,289		1,218,583		19,139,107
Total loan and leases	$	620,352	$	8,274,548	$	321,021	$	2,368,958	$	730,778	$	314,832	$	2,695,985	$	2,523,106	$	220,073	$	1,219,821	$	19,289,474

The following tables show the activity in the allowance for PCI loan and lease losses by loan class for the three and nine months ended September 30, 2016 and September 30, 2015.



	Three months ended September 30, 2016
(Dollars in thousands)	Construction and land development - commercial			Commercial mortgage			Other commercial real estate			Commercial and industrial			Residential mortgage			Revolving mortgage			Construction and land development - noncommercial			Consumer and other			Total
PCI Loans
Allowance for loan and lease losses:
Balance at July 1	$	280		$	5,759		$	616		$	285		$	4,298		$	238		$	—		$	79		$	11,555
Provision	74			406			(378		)	101			(134		)	(21		)	—			29			77
Charge-offs	—			—			—			—			—			—			—			—			—
Recoveries	—			—			—			—			—			—			—			—			—
Balance at September 30	$	354		$	6,165		$	238		$	386		$	4,164		$	217		$	—		$	108		$	11,632

	Three months ended September 30, 2015
(Dollars in thousands)	Construction and land development - commercial			Commercial mortgage			Other commercial real estate			Commercial and industrial			Residential mortgage			Revolving mortgage			Construction and land development - noncommercial			Consumer and other			Total
Balance at July 1	$	569		$	6,428		$	69		$	323		$	5,842		$	2,051		$	—		$	186		$	15,468
Provision	632			2,187			235			118			(281		)	(151		)	—			29			2,769
Charge-offs	—			(48		)	—			(39		)	(15		)	(577		)	—			(1		)	(680		)
Recoveries	—			—			—			—			—			—			—			—			—
Balance at September 30	$	1,201		$	8,567		$	304		$	402		$	5,546		$	1,323		$	—		$	214		$	17,557

	Nine months ended September 30, 2016
(Dollars in thousands)	Construction and land development - commercial			Commercial mortgage			Other commercial real estate			Commercial and industrial			Residential mortgage			Revolving mortgage			Construction and land development - noncommercial			Consumer and other			Total
Balance at January 1	$	1,082		$	7,838		$	773		$	445		$	5,398		$	523		$	—		$	253		$	16,312
Provision	(728		)	(1,508		)	(530		)	(59		)	(863		)	(306		)	—			(72		)	(4,066		)
Charge-offs	—			(165		)	(5		)	—			(371		)	—			—			(73		)	(614		)
Recoveries	—			—			—			—			—			—			—			—			—
Balance at September 30	$	354		$	6,165		$	238		$	386		$	4,164		$	217		$	—		$	108		$	11,632

	Nine months ended September 30, 2015
(Dollars in thousands)	Construction and land development - commercial			Commercial mortgage			Other commercial real estate			Commercial and industrial			Residential mortgage			Revolving mortgage			Construction and land development - noncommercial			Consumer and other			Total
Balance at January 1	$	150		$	10,135		$	75		$	1,240		$	5,820		$	3,999		$	183		$	27		$	21,629
Provision	1,148			(803		)	229			(514		)	21			(1,918		)	(183		)	650			(1,370		)
Charge-offs	(97		)	(765		)	—			(324		)	(295		)	(758		)	—			(463		)	(2,702		)
Recoveries	—			—			—			—			—			—			—			—			—
Balance at September 30	$	1,201		$	8,567		$	304		$	402		$	5,546		$	1,323		$	—		$	214		$	17,557

The following tables show the ending balances of PCI loans and leases and related allowance by class of loans as of September 30, 2016 and December 31, 2015:



	September 30, 2016
(Dollars in thousands)	Construction and land development - commercial		Commercial mortgage		Other commercial real estate		Commercial and industrial		Residential mortgage		Revolving mortgage		Construction and land development - noncommercial		Consumer and other		Total
ALLL for loans and leases acquired with deteriorated credit quality	$	354	$	6,165	$	238	$	386	$	4,164	$	217	$	—	$	108	$	11,632

Loans and leases acquired with deteriorated credit quality	23,138		491,180		14,783		11,437		278,872		43,509		83		5,198		868,200

	December 31, 2015
(Dollars in thousands)	Construction and land development - commercial		Commercial mortgage		Other commercial real estate		Commercial and industrial		Residential mortgage		Revolving mortgage		Construction and land development - noncommercial		Consumer and other		Total
ALLL for loans and leases acquired with deteriorated credit quality	$	1,082	$	7,838	$	773	$	445	$	5,398	$	523	$	—	$	253	$	16,312

Loans and leases acquired with deteriorated credit quality	33,880		525,468		17,076		15,182		302,158		52,471		—		4,281		950,516

As of September 30, 2016, and December 31, 2015, $325.9 million and $469.3 million, respectively, in PCI loans experienced an adverse change in expected cash flows since the date of acquisition. The corresponding valuation reserve was $11.6 million and $16.3 million, respectively.

The following tables provide information on non-PCI impaired loans and leases, exclusive of loans and leases evaluated collectively as a homogeneous group, as of September 30, 2016 and December 31, 2015 including interest income recognized in the period during which the loans and leases were considered impaired.



	September 30, 2016
(Dollars in thousands)	With a recorded allowance		With no recorded allowance		Total		Unpaid principal balance		Related allowance recorded
Non-PCI impaired loans and leases:
Construction and land development - commercial	$	1,824	$	1,480	$	3,304	$	3,819	$	239
Commercial mortgage	35,987		43,846		79,833		86,354		3,126
Other commercial real estate	585		1,016		1,601		1,923		118
Commercial and industrial	6,518		4,154		10,672		11,133		1,059
Lease financing	1,003		143		1,146		1,153		45
Other	125		318		443		532		22
Residential mortgage	16,897		12,430		29,327		30,353		2,077
Revolving mortgage	5,266		2,442		7,708		9,245		1,046
Construction and land development - noncommercial	163		243		406		406		—
Consumer	1,383		177		1,560		1,655		640
Total non-PCI impaired loans and leases	$	69,751	$	66,249	$	136,000	$	146,573	$	8,372

	December 31, 2015
(Dollars in thousands)	With a recorded allowance		With no recorded allowance		Total		Unpaid principal balance		Related allowance recorded
Non-PCI impaired loans and leases:
Construction and land development - commercial	$	1,623	$	1,471	$	3,094	$	4,428	$	123
Commercial mortgage	41,793		53,314		95,107		103,763		3,370
Other commercial real estate	305		122		427		863		289
Commercial and industrial	8,544		9,366		17,910		21,455		1,118
Lease financing	1,651		104		1,755		1,956		213
Other	—		1,183		1,183		1,260		—
Residential mortgage	10,097		12,889		22,986		25,043		1,212
Revolving mortgage	1,105		4,778		5,883		7,120		299
Construction and land development - noncommercial	693		91		784		784		49
Consumer	1,050		188		1,238		1,294		527
Total non-PCI impaired loans and leases	$	66,861	$	83,506	$	150,367	$	167,966	$	7,200

The following tables show the average non-PCI impaired loan balance and the interest income recognized by loan class for the three and nine months ended September 30, 2016 and September 30, 2015:



	Three months ended September 30, 2016				Three months ended September 30, 2015
(Dollars in thousands)	Average balance		Interest income recognized		Average balance		Interest income recognized
Non-PCI impaired loans and leases:
Construction and land development - commercial	$	3,297	$	44	$	3,257	$	37
Commercial mortgage	78,994		642		99,613		803
Other commercial real estate	1,571		13		539		6
Commercial and industrial	9,676		84		17,005		130
Lease financing	1,169		14		1,939		21
Other	569		6		1,543		20
Residential mortgage	28,008		214		19,945		141
Revolving mortgage	7,373		48		5,064		29
Construction and land development - noncommercial	408		5		1,027		12
Consumer	1,507		20		1,176		19
Total non-PCI impaired loans and leases	$	132,572	$	1,090	$	151,108	$	1,218

	Nine months ended September 30, 2016				Nine months ended September 30, 2015
(Dollars in thousands)	Average balance		Interest income recognized		Average balance		Interest income recognized
Non-PCI impaired loans and leases:
Construction and land development - commercial	$	3,232	$	125	$	3,148	$	107
Commercial mortgage	83,794		2,024		88,614		2,405
Other commercial real estate	957		25		498		7
Commercial and industrial	11,722		319		13,815		379
Lease financing	1,347		49		1,664		55
Other	818		30		1,789		20
Residential mortgage	25,497		564		17,376		401
Revolving mortgage	6,701		120		4,022		68
Construction and land development - noncommercial	459		16		821		28
Consumer	1,398		58		1,117		58
Total non-PCI impaired loans and leases	$	135,925	$	3,330	$	132,864	$	3,528

Troubled Debt Restructurings

BancShares accounts for certain loan modifications or restructurings as troubled debt restructurings (TDRs). In general, the modification or restructuring of a loan is considered a TDR if, for economic reasons or legal reasons related to a borrower's financial difficulties, a concession is granted to the borrower that creditors would not otherwise grant. Concessions may relate to the contractual interest rate, maturity date, payment structure or other actions. In accordance with GAAP, acquired loans accounted for under ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality, are not initially considered to be TDRs, but can be classified as such if a modification is made subsequent to acquisition. Subsequent modifications of a PCI loan accounted for in a pool that would otherwise meet the definition of a TDR is not reported, or accounted for, as a TDR since pooled PCI loans are excluded from the scope of TDR accounting.

The following table provides a summary of total TDRs by accrual status.



	September 30, 2016						December 31, 2015
(Dollars in thousands)	Accruing		Nonaccruing		Total		Accruing		Nonaccruing		Total
Commercial loans
Construction and land development - commercial	$	3,244	$	257	$	3,501	$	3,624	$	257	$	3,881
Commercial mortgage	69,056		15,948		85,004		65,812		18,728		84,540
Other commercial real estate	1,793		88		1,881		1,751		89		1,840
Commercial and industrial	7,384		2,489		9,873		8,833		3,341		12,174
Lease financing	917		124		1,041		1,191		169		1,360
Other	362		81		443		1,183		—		1,183
Total commercial TDRs	82,756		18,987		101,743		82,394		22,584		104,978
Noncommercial
Residential mortgage	31,463		6,598		38,061		25,427		7,129		32,556
Revolving mortgage	6,402		1,255		7,657		3,600		1,705		5,305
Construction and land development - noncommercial	406		—		406		784		—		784
Consumer and other	1,341		217		1,558		1,091		129		1,220
Total noncommercial TDRs	39,612		8,070		47,682		30,902		8,963		39,865
Total TDRs	$	122,368	$	27,057	$	149,425	$	113,296	$	31,547	$	144,843

The majority of TDRs are included in the special mention, substandard or doubtful grading categories. When a restructured loan subsequently defaults, it is evaluated and downgraded if appropriate. The more severely graded the loan, the lower the estimated expected cash flows and the greater the allowance recorded. Further, TDRs over $500,000 and graded substandard or lower are evaluated individually for impairment through a review of collateral values or analysis of cash flows.

The following table shows the accrual status of non-PCI and PCI TDRs.



(Dollars in thousands)	September 30, 2016		December 31, 2015
Accruing TDRs:
PCI	$	25,168	$	29,231
Non-PCI	97,200		84,065
Total accruing TDRs	122,368		113,296
Nonaccruing TDRs:
PCI	318		1,420
Non-PCI	26,739		30,127
Total nonaccruing TDRs	27,057		31,547
All TDRs:
PCI	25,486		30,651
Non-PCI	123,939		114,192
Total TDRs	$	149,425	$	144,843

The following tables provide the types of TDRs made during the three and nine months ended September 30, 2016 and September 30, 2015, as well as a summary of loans that were modified as a TDR during the twelve month periods ended September 30, 2016 and September 30, 2015 that subsequently defaulted during the three and nine months ended September 30, 2016 and September 30, 2015. BancShares defines payment default as movement of the TDR to nonaccrual status, which is generally 90 days past due for TDRs, foreclosure or charge-off, whichever occurs first.



	Three months ended September 30, 2016						Three months ended September 30, 2015
	All restructurings			Restructurings with payment default			All restructurings			Restructurings with payment default
(Dollars in thousands)	Number of Loans	Recorded investment at period end		Number of Loans	Recorded investment at period end		Number of Loans	Recorded investment at period end		Number of Loans	Recorded investment at period end
Non-PCI loans and leases
Interest only period provided
Residential mortgage	1	$	124	1	$	124	—	$	—	—	$	—
Construction and land development - noncommercial	—	—		—	—		1	92		—	—
Total interest only	1	124		1	124		1	92		—	—

Loan term extension
Commercial mortgage	3	1,321		—	—		1	75		—	—
Commercial and industrial	1	22		—	—		3	1,445		—	—
Residential mortgage	4	572		—	—		—	—		—	—
Consumer	1	9		—	—		—	—		—	—
Total loan term extension	9	1,924		—	—		4	1,520		—	—

Below market interest rate
Construction and land development - commercial	7	128		2	16		4	193		—	—
Commercial mortgage	6	2,651		1	32		8	1,248		—	—
Other commercial real estate	2	178		—	—		2	124		—	—
Commercial and industrial	12	2,340		5	569		3	1,797		1	1,757
Lease financing	2	81		2	81		—	—		—	—
Residential mortgage	37	2,449		13	849		25	1,592		4	158
Revolving mortgage	1	12		—	—		1	37		—	—
Consumer	3	31		2	17		2	17		—	—
Other	1	44		—	—		—	—		—	—
Total below market interest rate	71	7,914		25	1,564		45	5,008		5	1,915

Discharged from bankruptcy
Construction and land development - commercial	1	23		1	23		2	21		—	—
Commercial mortgage	1	13		1	13		2	965		1	275
Commercial and industrial	—	—		—	—		2	148		—	—
Residential mortgage	2	29		6	143		6	395		—	—
Revolving mortgage	9	407		3	37		9	666		2	162
Consumer	11	150		5	74		6	91		2	39
Total discharged from bankruptcy	24	622		16	290		27	2,286		5	476

Total non-PCI restructurings	105	$	10,584	42	$	1,978	77	$	8,906	10	$	2,391



	Nine months ended September 30, 2016						Nine months ended September 30, 2015
	All restructurings			Restructurings with payment default			All restructurings			Restructurings with payment default
(Dollars in thousands)	Number of Loans	Recorded investment at period end		Number of Loans	Recorded investment at period end		Number of Loans	Recorded investment at period end		Number of Loans	Recorded investment at period end
Non-PCI loans and leases
Interest only period provided
Commercial mortgage	1	$	245	1	$	245	2	$	68	—	$	—
Commercial and industrial	—	—		—	—		2	1,112		1	—
Residential mortgage	1	124		1	124		—	—		—	—
Construction and land development - noncommercial	—	—		—	—		1	92		—	—
Total interest only	2	369		2	369		5	1,272		1	—

Loan term extension
Construction and land development - commercial	2	424		—	—		1	204		1	204
Commercial mortgage	7	2,407		—	—		7	1,406		—	—
Other commercial real estate	1	743		—	—		—	—		—	—
Commercial and industrial	1	22		1	—		4	1,473		—	—
Residential mortgage	11	1,539		—	—		—	—		—	—
Revolving mortgage	—	—		—	—		1	9		—	—
Consumer	1	9		—	—		1	5		—	—
Total loan term extension	23	5,144		1	—		14	3,097		1	204

Below market interest rate
Construction and land development - commercial	14	510		4	43		14	626		—	—
Commercial mortgage	34	8,983		11	1,719		31	7,880		1	1,757
Other commercial real estate	3	652		1	9		2	124		—	—
Commercial and industrial	26	3,086		12	2,121		13	2,476		—	—
Lease financing	2	81		2	81		—	—		—	—
Residential mortgage	137	8,703		37	2,301		90	4,946		7	213
Revolving mortgage	5	109		—	—		6	140		—	—
Construction and land development - noncommercial	—	—		—	—		2	253		—	—
Consumer	6	49		3	17		13	120		—	—
Other	2	125		1	81		1	1,464		—	—
Total below market interest rate	229	22,298		71	6,372		172	18,029		8	1,970

Discharged from bankruptcy
Construction and land development - commercial	1	23		1	23		2	21		—	—
Commercial mortgage	3	291		1	13		3	1,562		1	275
Commercial and industrial	3	135		—	—		3	148		—	—
Residential mortgage	18	1,030		14	647		20	938		—	—
Revolving mortgage	42	2,564		13	177		47	2,230		6	320
Consumer	40	467		12	137		16	187		2	39
Total discharged from bankruptcy	107	4,510		41	997		91	5,086		9	634

Total non-PCI restructurings	361	$	32,321	115	$	7,738	282	$	27,484	19	$	2,808



	Three months ended September 30, 2016						Three months ended September 30, 2015
	All restructurings			Restructurings with payment default			All restructurings			Restructurings with payment default
(Dollars in thousands)	Number of loans	Recorded investment at period end		Number of loans	Recorded investment at period end		Number of loans	Recorded investment at period end		Number of loans	Recorded investment at period end
PCI loans
Below market interest rate
Residential mortgage	2	$	140	1	$	79	3	$	223	1	$	47
Total below market interest rate	2	140		1	79		3	223		1	47

Discharged from bankruptcy
Commercial mortgage	1	2,985		—	—		—	—		—	—
Revolving mortgage	—	—		—	—		1	105		—	—
Total discharged from bankruptcy	1	2,985		—	—		1	105		—	—
Total PCI restructurings	3	$	3,125	1	$	79	4	$	328	1	$	47



	Nine months ended September 30, 2016						Nine months ended September 30, 2015
	All restructurings			Restructurings with payment default			All restructurings			Restructurings with payment default
(Dollars in thousands)	Number of loans	Recorded investment at period end		Number of loans	Recorded investment at period end		Number of loans	Recorded investment at period end		Number of loans	Recorded investment at period end
PCI loans
Below market interest rate
Construction and land development - commercial	1	$	53	—	$	—	—	$	—	—	$	—
Commercial mortgage	3	2,026		—	—		—	—		—	—
Residential mortgage	3	188		1	79		11	766		1	47
Total below market interest rate	7	2,267		1	79		11	766		1	47

Discharged from bankruptcy
Commercial mortgage	1	2,985		—	—		—	—		—	—
Residential mortgage	—	—		—	—		1	78		—	—
Revolving mortgage	—	—		—	—		1	105		—	—
Total discharged from bankruptcy	1	2,985		—	—		2	183		—	—
Total PCI restructurings	8	$	5,252	1	$	79	13	$	949	1	$	47

For the three and nine months ended September 30, 2016 and September 30, 2015, the pre-modification and post-modification outstanding recorded investments of loans modified as TDRs were not materially different.