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Loans and Leases (Tables)
 9 Months Ended
Sep. 30, 2020
Loans and Leases Receivable Disclosure [Abstract]  
Loans And Leases Outstanding
Loans and leases outstanding included the following at September 30, 2020 and December 31, 2019:
(Dollars in thousands)September 30, 2020
Commercial:
Construction and land development$1,054,186 
Owner occupied commercial mortgage10,683,822 
Non-owner occupied commercial mortgage2,965,904 
Commercial and industrial and leases4,797,344 
SBA-PPP3,112,676 
Total commercial loans22,613,932 
Consumer:
Residential mortgage5,463,646 
Revolving mortgage2,145,506 
Construction and land development347,850 
Consumer auto1,234,196 
Consumer other544,136 
Total consumer loans9,735,334 
Total non-PCD loans and leases32,349,266 
PCD loans495,878 
Total loans and leases$32,845,144 
(Dollars in thousands)December 31, 2019
Commercial:
Construction and land development$1,013,454 
Commercial mortgage12,282,635 
Other commercial real estate542,028 
Commercial and industrial and leases4,403,792 
Other310,093 
Total commercial loans18,552,002 
Noncommercial:
Residential mortgage5,293,917 
Revolving mortgage2,339,072 
Construction and land development357,385 
Consumer1,780,404 
Total noncommercial loans9,770,778 
Total non-PCI loans and leases28,322,780 
PCI loans558,716 
Total loans and leases$28,881,496 
Recorded Investment, By Class, In Loans And Leases On Nonaccrual Status And Loans And Leases Greater Than 90 Days Past Due And Still Accruing
September 30, 2020
(Dollars in thousands)30-59 days
past due		60-89 days
past due		90 days or greaterTotal past
due		CurrentTotal loans
and leases
Commercial:
Construction and land development$7,860 $— $1,502 $9,362 $1,044,824 $1,054,186 
Owner occupied commercial mortgage23,354 5,212 6,695 35,261 10,648,561 10,683,822 
Non-owner occupied commercial mortgage9,854 7,381 6,671 23,906 2,941,998 2,965,904 
Commercial and industrial and leases8,401 3,920 3,862 16,183 4,781,161 4,797,344 
SBA-PPP— — — — 3,112,676 3,112,676 
Total commercial loans49,469 16,513 18,730 84,712 22,529,220 22,613,932 
Consumer:
Residential mortgage37,921 5,811 36,441 80,173 5,383,473 5,463,646 
Revolving mortgage8,477 1,582 7,508 17,567 2,127,939 2,145,506 
Construction and land development 923 — 312 1,235 346,615 347,850 
Consumer auto4,245 1,059 910 6,214 1,227,982 1,234,196 
Consumer other4,490 1,324 1,467 7,281 536,855 544,136 
Total consumer loans56,056 9,776 46,638 112,470 9,622,864 9,735,334 
PCD loans16,298 3,201 32,438 51,937 443,941 495,878 
Total loans and leases$121,823 $29,490 $97,806 $249,119 $32,596,025 $32,845,144 
December 31, 2019
(Dollars in thousands)30-59 days
past due		60-89 days
past due		90 days or greaterTotal past
due		CurrentTotal loans
and leases
Commercial:
Construction and land development$3,146 $195 $2,702 $6,043 $1,007,411 $1,013,454 
Commercial mortgage20,389 8,774 8,319 37,482 12,245,153 12,282,635 
Other commercial real estate861 331 698 1,890 540,138 542,028 
Commercial and industrial and leases18,269 4,842 5,032 28,143 4,375,649 4,403,792 
Other51 411 126 588 309,505 310,093 
Total commercial loans42,716 14,553 16,877 74,146 18,477,856 18,552,002 
Noncommercial:
Residential mortgage45,839 18,289 24,409 88,537 5,205,380 5,293,917 
Revolving mortgage9,729 3,468 9,865 23,062 2,316,010 2,339,072 
Construction and land development 977 218 1,797 2,992 354,393 357,385 
Consumer10,481 3,746 3,571 17,798 1,762,606 1,780,404 
Total noncommercial loans67,026 25,721 39,642 132,389 9,638,389 9,770,778 
PCI loans26,478 10,784 28,973 66,235 492,481 558,716 
Total loans and leases$136,220 $51,058 $85,492 $272,770 $28,608,726 $28,881,496 
The amortized cost, by class, of loans and leases on nonaccrual status, and loans and leases greater than 90 days past due and still accruing at September 30, 2020 and December 31, 2019, were as follows:
 
January 1, 2020(1)
September 30, 2020
(Dollars in thousands)Nonaccrual
loans and
leases		Nonaccrual
loans and
leases		Loans and
leases > 90
days and
accruing
Commercial:
Construction and land development$4,281 $1,564 $— 
Owner occupied commercial mortgage24,476 19,567 1,288 
Non-owner occupied commercial mortgage5,965 8,258 — 
Commercial and industrial and leases7,685 10,710 840 
Total commercial loans42,407 40,099 2,128 
Consumer:
Residential mortgage44,357 63,646 65 
Revolving mortgage22,411 22,945 — 
Construction and land development2,828 689 215 
Consumer auto2,145 2,634 — 
Consumer other798 914 1,179 
Total consumer loans72,539 90,828 1,459 
PCD loans53,771 55,527 — 
Total loans and leases$168,717 $186,454 $3,587 
(1)Upon the adoption of ASC 326, BancShares eliminated the pooling of PCI loans and as a result $47.0 million in additional PCD loans were recognized as nonaccrual loans at January 1, 2020. As of September 30, 2020, $27.5 million of these loans remained outstanding.
 December 31, 2019
(Dollars in thousands)Nonaccrual
loans and
leases		Loans and
leases > 90
days and
accruing
Commercial:
Construction and land development$4,281 $— 
Commercial mortgage29,733 — 
Commercial and industrial and leases7,365 1,094 
Other commercial real estate708 — 
Other320 — 
Total commercial loans42,407 1,094 
Noncommercial:
Construction and land development2,828 — 
Residential mortgage44,357 45 
Revolving mortgage22,411 — 
Consumer2,943 2,152 
Total noncommercial loans72,539 2,197 
PCI loans6,743 24,257 
Total loans and leases$121,689 $27,548 
Composition Of The Loans And Leases Outstanding By Credit Quality Indicator
The following tables represent current credit quality indicators by origination year as of September 30, 2020.
Commercial Loans Amortized Cost Basis by Origination Year
Classification:20202019201820172016PriorRevolvingRevolving converted to term loansTotal
(Dollars in thousands)
Construction and land development
Pass$247,187 $396,322 $208,736 $132,518 $35,780 $13,144 $11,909 $— $1,045,596 
Special Mention176 — 312 5,436 — — — — 5,924 
Substandard292 832 1,452 — 8 82 — — 2,666 
Total247,655 397,154 210,500 137,954 35,788 13,226 11,909 — 1,054,186 
Owner occupied commercial mortgage
Pass2,098,636 2,218,063 1,731,557 1,423,847 1,146,027 1,714,102 101,547 135 10,433,914 
Special Mention5,578 24,032 37,273 12,246 17,433 27,905 3,313 — 127,780 
Substandard17,625 14,618 9,465 24,561 11,693 38,206 5,888 72 122,128 
Total2,121,839 2,256,713 1,778,295 1,460,654 1,175,153 1,780,213 110,748 207 10,683,822 
Non-owner occupied commercial mortgage
Pass660,088 624,860 407,230 372,287 304,782 469,429 35,321 — 2,873,997 
Special Mention355 701 11,740 1,500 5,213 3,340 777 — 23,626 
Substandard2,387 19,121 12,839 6,918 10,160 14,873 1,983 — 68,281 
Total662,830 644,682 431,809 380,705 320,155 487,642 38,081 — 2,965,904 
Commercial and industrial and leases
Pass1,175,036 1,090,278 562,547 361,442 267,706 352,946 809,256 5,433 4,624,644 
Special Mention3,713 17,409 8,908 5,631 3,641 4,607 13,673 216 57,798 
Substandard12,370 3,598 4,387 5,016 2,707 4,685 25,096 803 58,662 
Doubtful— — — — 11 — 2 — 13 
Ungraded— — — — — — 56,227 — 56,227 
Total1,191,119 1,111,285 575,842 372,089 274,065 362,238 904,254 6,452 4,797,344 
SBA-PPP
Pass3,112,676 — — — — — — — 3,112,676 
Total3,112,676 — — — — — — — 3,112,676 
Total commercial$7,336,119 $4,409,834 $2,996,446 $2,351,402 $1,805,161 $2,643,319 $1,064,992 $6,659 $22,613,932 
Consumer and PCD Loans Amortized Cost Basis by Origination Year
Days Past Due:20202019201820172016PriorRevolvingRevolving converted to term loansTotal
(Dollars in thousands)
Residential mortgage
Current$1,349,415 $1,044,542 $754,024 $677,727 $524,014 $1,006,894 $26,857 $— $5,383,473 
30-59 days1,450 3,274 10,486 6,124 4,627 11,875 85 — 37,921 
60-89 days19 854 187 316 2,241 2,194 — — 5,811 
90 days or greater173 1,573 2,704 3,948 6,187 18,884 2,972 — 36,441 
Total1,351,057 1,050,243 767,401 688,115 537,069 1,039,847 29,914 — 5,463,646 
Revolving mortgage
Current— — — — — — 1,969,703 158,236 2,127,939 
30-59 days— — — — — — 4,993 3,484 8,477 
60-89 days— — — — — — 419 1,163 1,582 
90 days or greater— — — — — — 2,449 5,059 7,508 
Total— — — — — — 1,977,564 167,942 2,145,506 
Construction and land development
Current144,559 140,794 29,400 13,049 6,818 3,721 8,274 — 346,615 
30-59 days250 26 466 96 17 68 — — 923 
60-89 days— — — — — — — — — 
90 days or greater— — — — — 97 215 — 312 
Total144,809 140,820 29,866 13,145 6,835 3,886 8,489 — 347,850 
Consumer auto
Current398,216 380,919 250,602 122,352 61,076 14,817 — — 1,227,982 
30-59 days492 1,400 823 889 425 216 — — 4,245 
60-89 days120 382 224 160 164 9 — — 1,059 
90 days or greater39 306 268 191 54 52 — — 910 
Total398,867 383,007 251,917 123,592 61,719 15,094 — — 1,234,196 
Consumer other
Current39,667 33,269 14,505 7,832 9,269 30,406 401,907 — 536,855 
30-59 days145 92 109 12 61 21 4,050 — 4,490 
60-89 days46 42 31 15 — — 1,190 — 1,324 
90 days or greater7 80 8 1 — — 1,371 — 1,467 
Total39,865 33,483 14,653 7,860 9,330 30,427 408,518 — 544,136 
Total consumer$1,934,598 $1,607,553 $1,063,837 $832,712 $614,953 $1,089,254 $2,424,485 $167,942 $9,735,334 
PCD loans
Current$24,169 $24,565 $29,739 $34,617 $32,149 $262,095 $14,236 $22,371 $443,941 
30-59 days3,531 710 940 438 691 9,575 215 198 16,298 
60-89 days— 337 54 155 52 2,054 218 331 3,201 
90 days or greater117 2,889 4,594 1,233 773 21,131 54 1,647 32,438 
Total PCD$27,817 $28,501 $35,327 $36,443 $33,665 $294,855 $14,723 $24,547 $495,878 
Total loans and leases$9,298,534 $6,045,888 $4,095,610 $3,220,557 $2,453,779 $4,027,428 $3,504,200 $199,148 $32,845,144 
Loans and leases outstanding at December 31, 2019 by credit quality indicator are provided below:
December 31, 2019
Commercial loans and leases
(Dollars in thousands)Construction and land
development		Commercial mortgageOther commercial real estateCommercial and industrial and leasesOtherPCITotal commercial loans and leases
Grade:
Pass$1,004,922 $12,050,799 $536,682 $4,256,456 $308,796 $148,412 $18,157,655 
Special mention2,577 115,164 3,899 44,604 622 44,290 166,866 
Substandard5,955 116,672 1,447 34,148 675 87,970 158,897 
Doubtful— — — 3 — 3,657 3 
Ungraded— — — 68,581 — — 68,581 
Total$1,013,454 $12,282,635 $542,028 $4,403,792 $310,093 $284,329 $18,552,002 
December 31, 2019
Noncommercial loans and leases
(Dollars in thousands)Residential mortgageRevolving mortgageConstruction and land development ConsumerPCITotal noncommercial loans and leases
Days past due:
Current$5,205,380 $2,316,010 $354,393 $1,762,606 $240,995 $9,638,389 
30-59 days past due45,839 9,729 977 10,481 13,764 67,026 
60-89 days past due18,289 3,468 218 3,746 5,608 25,721 
90 days or greater past due24,409 9,865 1,797 3,571 14,020 39,642 
Total$5,293,917 $2,339,072 $357,385 $1,780,404 $274,387 $9,770,778 
Schedule Of Loans And Leases Purchased
The following table summarizes PCD loans acquired in the Community Financial transaction and provides the contractually required payments, less the initial allowance for credit losses and discount to produce the fair value of acquired loans with evidence of more than insignificant credit quality deterioration since origination at the acquisition date:
(Dollars in thousands)Community Financial
Contractually required payments$25,635 
Initial PCD allowance1,193 
Discount1,055 
Fair value at acquisition date$23,387 
The recorded fair values of purchased non-PCD loans acquired in the Community Financial transaction as of the acquisition date are as follows:
(Dollars in thousands)Community Financial
Commercial:
Construction and land development$9,428 
Owner occupied commercial mortgage31,473 
Non-owner occupied commercial mortgage25,143 
Commercial and industrial and leases15,065 
Total commercial loans81,109 
Consumer:
Residential mortgage21,168 
Revolving mortgage2,084 
Construction and land development5,254 
Consumer auto294 
Consumer other693 
Total consumer loans29,493 
Total non-PCD loans$110,602