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Note 3 - Loans
 9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
(
3
)
Loans
 
C
omposition of loans, net of deferred fees and costs, by primary loan portfolio class follows:
 
(in thousands)
  
September
30, 2017
    
December 31, 2016
  
Commercial and industrial
   $
750,728
     $
736,841
  
Construction and development,
excluding undeveloped land
    
174,310
      
192,348
  
Undeveloped land
    
20,989
      
21,496
  
                 
Real estate mortgage:
                
Commercial investment
    
576,810
      
538,886
  
Owner occupied commercial
    
397,804
      
408,292
  
1-4 family residential
    
261,707
      
249,498
  
Home equity - first lien
    
51,925
      
55,325
  
Home equity - junior lien
    
63,416
      
67,519
  
Subtotal: Real estate mortgage
    
1,351,662
      
1,319,520
  
                 
Consumer
    
37,431
      
35,170
  
                 
Total loans
   $
2,335,120
     $
2,305,375
  
 
The following table presents the balance
of the recorded investment in loans and allowance for loan losses by portfolio segment and based on impairment evaluation method as of
September 30, 2017
and
December 31, 2016.
 
(in thousands)
  
Type of loan
    
 
 
 
   
 
 
 
  
Construction
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
 
 
 
  
and development
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
Commercial
    
excluding
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
and
    
undeveloped
    
Undeveloped
    
Real estate
    
 
 
 
  
 
 
 
September 30, 2017
  
industrial
    
land
    
land
    
mortgage
    
Consumer
    
Total
  
                                                 
Loans
   $
750,728
     $
174,310
     $
20,989
     $
1,351,662
     $
37,431
     $
2,335,120
  
                                                 
Loans collectively evaluated for impairment
   $
748,591
     $
173,573
     $
20,515
     $
1,348,774
     $
37,375
     $
2,328,828
  
                                                 
Loans individually evaluated for impairment
   $
2,137
     $
737
     $
474
     $
2,403
     $
56
     $
5,807
  
                                                 
Loans acquired with deteriorated credit quality
   $
-
     $
-
     $
-
     $
485
     $
-
     $
485
  
 
   
 
 
 
  
Construction
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
 
 
 
  
and development
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
Commercial
    
excluding
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
and
    
undeveloped
    
Undeveloped
    
Real estate
    
 
 
 
  
 
 
 
   
industrial
    
land
    
land
    
mortgage
    
Consumer
    
Total
  
Allowance for loan losses
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
At December 31, 2016
   $
10,483
     $
1,923
     $
684
     $
10,573
     $
344
     $
24,007
  
Provision (credit)
    
1,518
      
9
      
(85
 )    
54
      
154
      
1,650
  
Charge-offs
    
(770
 )    
-
      
-
      
(45
 )    
(418
 )    
(1,233
 )
Recoveries
    
128
      
-
      
-
      
98
      
298
      
524
  
At September 30, 2017
   $
11,359
     $
1,932
     $
599
     $
10,680
     $
378
     $
24,948
  
                                                 
Allowance for loans collectively evaluated for impairment
   $
10,705
     $
1,932
     $
599
     $
10,668
     $
322
     $
24,226
  
                                                 
Allowance for loans individually evaluated for impairment
   $
654
     $
-
     $
-
     $
12
     $
56
     $
722
  
                                                 
Allowance for loans acquired with deteriorated credit quality
   $
-
     $
-
     $
-
     $
-
     $
-
     $
-
  
 
 
 
(in thousands)
  
Type of loan
    
 
 
 
   
 
 
 
  
Construction
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
 
 
 
  
and development
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
Commercial
    
excluding
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
and
    
undeveloped
    
Undeveloped
    
Real estate
    
 
 
 
  
 
 
 
December 31, 2016
  
industrial
    
land
    
land
    
mortgage
    
Consumer
    
Total
  
                                                 
Loans
   $
736,841
     $
192,348
     $
21,496
     $
1,319,520
     $
35,170
     $
2,305,375
  
                                                 
Loans collectively evaluated for impairment
   $
734,139
     $
191,810
     $
21,022
     $
1,316,400
     $
35,111
     $
2,298,482
  
                                                 
Loans individually evaluated for impairment
   $
2,682
     $
538
     $
474
     $
2,516
     $
59
     $
6,269
  
                                                 
Loans acquired with deteriorated credit quality
   $
20
     $
-
     $
-
     $
604
     $
-
     $
624
  
 
   
 
 
 
  
Construction
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
 
 
 
  
and development
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
Commercial
    
excluding
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
   
and
    
undeveloped
    
Undeveloped
    
Real estate
    
 
 
 
  
 
 
 
   
industrial
    
land
    
land
    
mortgage
    
Consumer
    
Total
  
Allowance for loan losses
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
At December 31, 2015
   $
8,645
     $
1,760
     $
814
     $
10,875
     $
347
     $
22,441
  
Provision (credit)
    
2,775
      
275
      
(130
 )    
(68
 )    
148
      
3,000
  
Charge-offs
    
(1,216
 )    
(133
 )    
-
      
(576
 )    
(568
 )    
(2,493
 )
Recoveries
    
279
      
21
      
-
      
342
      
417
      
1,059
  
At December 31, 2016
   $
10,483
     $
1,923
     $
684
     $
10,573
     $
344
     $
24,007
  
                                                 
Allowance for loans collectively evaluated for impairment
   $
9,276
     $
1,923
     $
683
     $
10,573
     $
285
     $
22,740
  
                                                 
Allowance for loans individually evaluated for impairment
   $
1,207
     $
-
     $
1
     $
-
     $
59
     $
1,267
  
                                                 
Allowance for loans acquired with deteriorated credit quality
   $
-
     $
-
     $
-
     $
-
     $
-
     $
-
  
 
The considerations by Bancorp in computing its allowance for loan losses are determined based on various risk characteristics of each loan segment. Relevant risk characteristics are as follows:
 
 
●
Commercial and industrial loans: Loans in this category are made to businesses. Generally these loans are secured by assets of the business and repayment is expected from cash flows of the business. A decline in the strength of the business or a weakened economy and resultant decreased consumer and/or business spending
may
have an effect on credit quality in this loan category.
 
 
●
Construction and development, excluding undeveloped land: Loans in this category primarily include owner-occupied and investment construction loans and development projects. In most cases, construction loans require
interest only during construction. Upon completion or stabilization, the construction loan
may
convert to permanent financing in the real estate mortgage segment, requiring principal amortization. Repayment of development loans is derived from sale of lots or units. Credit risk is affected by construction delays, cost overruns, market conditions and availability of permanent financing, to the extent such permanent financing is
not
being provided by Bancorp.
 
 
 
●
Undeveloped land: Loans in this category are secured by land acquired for development by the borrower, but for which
no
development has yet taken place. Credit risk
is primarily dependent upon the financial strength of the borrower, and can be affected by market conditions and time to develop land for ultimate sale. Credit risk is also affected by availability of development financing to the extent such financing is
not
being provided by Bancorp.  
 
 
●
Real estate mortgage: Loans in this category are made to and secured by owner-occupied residential
and commercial real estate and income-producing investment properties. For owner occupied residential and commercial real estate, repayment is dependent on financial strength of the borrower. For income-producing investment properties, repayment is dependent on financial strength of tenants and to a lesser extent, the borrower. Underlying properties are generally located in Bancorp's primary market areas. Cash flows of income producing investment properties
may
be adversely impacted by a downturn in the economy that
may
cause increased vacancy rates, which in turn, could have an effect on credit quality. Overall health of the economy, including real estate prices, has an effect on credit quality in this loan category.
 
 
●
Consumer: Loans in this category
may
be either secured or unsecured and repayment is dependent on credit quality of the individual borrower and, if applicable, adequacy of collateral securing the loan. Therefore, overall health of the economy, including unemployment rates,
could have a significant effect on credit quality in this loan category.
 
Bancorp has loans that were acquired for which there was, at acquisition, evidence of deterioration of credit quality since origination and for which it was probable that all contractually required payments would
not
be collected. The carrying amount of those loans is included in the balance sheet amounts of loans at
September 30, 2017
and
December 31, 2016.
Changes in the fair value adjustment for acquired impaired loans are shown in the following table:
 
(in thousands)
  
Accretable
discount
    
Non-
accretable
discount
  
Balance at December 31, 201
5
   $
3
     $
189
  
                 
Accretion
    
(3
 )    
(41
 )
Reclassifications from (to) non-accretable discount
    
-
      
-
  
Disposals
    
-
      
-
  
Balance at
December 31, 2016
   $
-
     $
148
  
                 
Accretion
    
-
      
-
  
Reclassifications from (to) non-accretable discount
    
-
      
-
  
Disposals
    
-
      
-
  
Balance at
September 30, 2017
   $
-
     $
148
  
 
The following table
s present loans individually evaluated for impairment as of
September 30, 2017
and
December 31, 2016.
 
   
 
 
 
  
Unpaid
    
 
 
 
  
Average
  
(in thousands)
  
Recorded
    
principal
    
Related
    
recorded
  
September 30, 2017
  
investment
    
balance
    
allowance
    
investment
  
                                 
Loans with no related allowance recorded:
      
 
      
 
      
 
  
Commercial and industrial
   $
350
     $
540
     $
-
     $
228
  
Construction and development,
excluding undeveloped land
    
737
      
907
      
-
      
533
  
Undeveloped land
    
474
      
506
      
-
      
413
  
                                 
Real estate mortgage
                                
Commercial investment
    
55
      
55
      
-
      
124
  
Owner occupied commercial
    
1,470
      
1,908
      
-
      
1,264
  
1-4 family residential
    
785
      
785
      
-
      
759
  
Home equity - first lien
    
-
      
-
      
-
      
-
  
Home equity - junior lien
    
81
      
81
      
-
      
224
  
Subtotal:
Real estate mortgage
    
2,391
      
2,829
      
-
      
2,371
  
                                 
Consumer
    
-
      
17
      
-
      
-
  
Subtotal
   $
3,952
     $
4,799
     $
-
     $
3,545
  
                                 
Loans with an allowance recorded:
                                
Commercial and industrial
   $
1,787
     $
2,321
     $
654
     $
2,343
  
Construction and development,
excluding undeveloped land
    
-
      
-
      
-
      
-
  
Undeveloped land
    
-
      
-
      
-
      
60
  
                                 
Real estate mortgage
                                
Commercial investment
    
-
      
-
      
-
      
-
  
Owner occupied commercial
    
-
      
-
      
-
      
-
  
1-4 family residential
    
12
      
12
      
12
      
3
  
Home equity - first lien
    
-
      
-
      
-
      
-
  
Home equity - junior lien
    
-
      
-
      
-
      
-
  
Subtotal:
Real estate mortgage
    
12
      
12
      
12
      
3
  
                                 
Consumer
    
56
      
56
      
56
      
58
  
Subtotal
   $
1,855
     $
2,389
     $
722
     $
2,464
  
                                 
Total:
                                
Commercial and industrial
   $
2,137
     $
2,861
     $
654
     $
2,571
  
Construction and development,
excluding undeveloped land
    
737
      
907
      
-
      
533
  
Undeveloped land
    
474
      
506
      
-
      
473
  
                                 
Real estate mortgage
                                
Commercial investment
    
55
      
55
      
-
      
124
  
Owner occupied commercial
    
1,470
      
1,908
      
-
      
1,264
  
1-4 family residential
    
797
      
797
      
12
      
762
  
Home equity - first lien
    
-
      
-
      
-
      
-
  
Home equity - junior lien
    
81
      
81
      
-
      
224
  
Subtotal:
Real estate mortgage
    
2,403
      
2,841
      
12
      
2,374
  
                                 
Consumer
    
56
      
73
      
56
      
58
  
Total
   $
5,807
     $
7,188
     $
722
     $
6,009
  
 
 
   
 
 
 
  
Unpaid
    
 
 
 
  
Average
  
(in thousands)
  
Recorded
    
principal
    
Related
    
recorded
  
December 31, 2016
  
investment
    
balance
    
allowance
    
investment
  
                                 
Loans with no related allowance recorded:
                                
Commercial and industrial
   $
322
     $
465
     $
-
     $
1,947
  
Construction and development,
excluding undeveloped land
    
538
      
708
      
-
      
108
  
Undeveloped land
    
233
      
265
      
-
      
76
  
                                 
Real estate mortgage
                                
Commercial investment
    
107
      
107
      
-
      
193
  
Owner occupied commercial
    
1,042
      
1,479
      
-
      
1,356
  
1-4 family residential
    
895
      
896
      
-
      
962
  
Home equity - first lien
    
-
      
-
      
-
      
3
  
Home equity - junior lien
    
472
      
472
      
-
      
333
  
Subtotal:
Real estate mortgage
    
2,516
      
2,954
      
-
      
2,847
  
                                 
Consumer
    
-
      
-
      
-
      
18
  
Subtotal
   $
3,609
     $
4,392
     $
-
     $
4,996
  
                                 
Loans with an allowance recorded:
                                
Commercial and industrial
   $
2,360
     $
2,835
     $
1,207
     $
1,619
  
Construction and development,
excluding undeveloped land
    
-
      
-
      
-
      
182
  
Undeveloped land
    
241
      
241
      
1
      
149
  
                                 
Real estate mortgage
                                
Commercial investment
    
-
      
-
      
-
      
-
  
Owner occupied commercial
    
-
      
-
      
-
      
554
  
1-4 family residential
    
-
      
-
      
-
      
-
  
Home equity - first lien
    
-
      
-
      
-
      
-
  
Home equity - junior lien
    
-
      
-
      
-
      
-
  
Subtotal:
Real estate mortgage
    
-
      
-
      
-
      
554
  
                                 
Consumer
    
59
      
59
      
59
      
63
  
Subtotal
   $
2,660
     $
3,135
     $
1,267
     $
2,567
  
                                 
Total:
                                
Commercial and industrial
   $
2,682
     $
3,300
     $
1,207
     $
3,566
  
Construction and development,
excluding undeveloped land
    
538
      
708
      
-
      
290
  
Undeveloped land
    
474
      
506
      
1
      
225
  
                                 
Real estate mortgage
    
-
      
-
      
-
      
-
  
Commercial investment
    
107
      
107
      
-
      
193
  
Owner occupied commercial
    
1,042
      
1,479
      
-
      
1,910
  
1-4 family residential
    
895
      
896
      
-
      
962
  
Home equity - first lien
    
-
      
-
      
-
      
3
  
Home equity - junior lien
    
472
      
472
      
-
      
333
  
Subtotal:
Real estate mortgage
    
2,516
      
2,954
      
-
      
3,401
  
                                 
Consumer
    
59
      
59
      
59
      
81
  
Total
   $
6,269
     $
7,527
     $
1,267
     $
7,563
  
 
 
Differences between recorded investment amounts and unpaid principal balance amounts are due to partial
charge-offs and interest paid on non-accrual loans which have occurred over the life of loans. Unpaid principal balance is reduced by these items to arrive at the recorded investment in the loan.
 
Impaired loans include non-accrual loans and accruing loans accounted for as troubled debt restructurings (TDR
s), which continue to accrue interest. Non-performing loans include the balance of impaired loans plus any loans over
90
days past due and still accruing interest. Bancorp had loans totaling
$261
thousand past due more than
90
days and still accruing interest at
September 30, 2017,
compared with
$438
thousand at
December 31, 2016.
 
The following table presents the recorded investment in non-accrual loans as of
September 30, 2017
and
December 31, 2016.
 
(in thousands)
  
September
30, 2017
    
December 31, 2016
  
                 
Commercial and industrial
   $
1,256
     $
1,767
  
Construction and development, excluding undeveloped land
    
737
      
538
  
Undeveloped land
    
474
      
474
  
                 
Real estate mortgage
                
Commercial investment
    
55
      
107
  
Owner occupied commercial
    
1,470
      
1,042
  
1-4 family residential
    
785
      
984
  
Home equity - first lien
    
-
      
-
  
Home equity - junior lien
    
81
      
383
  
Subtotal: Real estate mortgage
    
2,391
      
2,516
  
                 
Consumer
    
-
      
-
  
Total
   $
4,858
     $
5,295
  

In the course of working with borrowers, Bancorp
may
elect to restructure contractual terms of certain loans. Troubled debt restructurings (TDRs) occur when, for economic or legal reasons related to a borrower’s financial difficulties, Bancorp grants a concession to the borrower that it would
not
otherwise consider.
 
At
September 30, 2017
Bancorp had
$949
thousand of loans classified as TDRs, all of which were accruing interest consistent with their modified terms.
One
residential real estate loan with a recorded investment of
$12
thousand was modified and classified as a TDR in the
three
-month period ended
September 30, 2017.
Interest due and unpaid was capitalized into the principal balance resulting in the TDR classification. A specific reserve was established for the entire recorded investment of this loan. One additional loan,
a
commercial loan with a recorded investment of
$35
thousand at
September 30, 2017,
was modified and classified as a TDR previously in the
nine
-month period ended
September 30, 2017.
The pre and post-modification balance for this loan was
$39
thousand. The monthly payment amount of this loan was modified to enable the borrower to fulfill the loan agreement. A specific reserve was established for the entire recorded investment of this loan.
 
At
September 30, 2016
Bancorp had
$999
thousand of accruing loans classified as TDR. Bancorp did
not
modify or classify any additional loans as TDR during the
three
or
nine
month periods ended
September 30, 2016.
 
No
loans classified and reported as
TDRs within the
twelve
months prior to
September 30, 2017
defaulted during the
three
or
nine
-month periods ended
September 30, 2017.
Likewise,
no
loans classified and reported as troubled debt restructured within the
twelve
months prior to
September 30, 2016
defaulted during the
three
-month or
nine
-month periods ended
September 30, 2016.
Loans accounted for as TDRs include modifications from original terms such as those due to bankruptcy proceedings, certain modifications of amortization periods or extended suspension of principal payments due to customer financial difficulties. Loans accounted for as TDRs are individually evaluated for impairment and, at
September 30, 2017,
had a total allowance allocation of
$142
thousand, compared with
$207
thousand at
December 31, 2016.
 
At
September 30, 2017
and
December 31, 2016,
Bancorp did
not
have any outstanding commitments to lend additional funds to borrowers whose loans have been modified as TDRs.
 
At
September 30, 2017
formal foreclosure proceedings were in process on
two
loans with a total recorded investment of
$75
thousand.
 
The following table presents aging of the recorded investment in loans as of
September 30, 2017
and
December 31, 2016.
 
   
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
Recorded
  
(in thousands)
  
 
 
 
  
 
 
 
  
 
 
 
  
90 or more
    
 
 
 
  
 
 
 
  
investment
  
   
 
 
 
  
 
 
 
  
 
 
 
  
days past
    
 
 
 
  
 
 
 
  
> 90 days
  
   
 
 
 
  
30-59 days
    
60-89 days
    
due (includes
    
Total
    
Total
    
and
  
September 30, 2017
  
Current
    
past due
    
past due
    
non-accrual)
    
past due
    
loans
    
accruing
  
                                                         
Commercial and industrial
   $
747,316
     $
2,149
     $
7
     $
1,256
     $
3,412
     $
750,728
     $
-
  
Construction and
development, excluding
undeveloped land
    
173,573
      
-
      
-
      
737
      
737
      
174,310
      
-
  
Undeveloped land
    
20,515
      
-
      
-
      
474
      
474
      
20,989
      
-
  
                                                         
Real estate mortgage
                                                        
Commercial investment
    
574,088
      
2,667
      
-
      
55
      
2,722
      
576,810
      
-
  
Owner occupied
commercial
    
395,924
      
47
      
363
      
1,470
      
1,880
      
397,804
      
-
  
1-4 family residential
    
259,729
      
330
      
602
      
1,046
      
1,978
      
261,707
      
261
  
Home equity - first lien
    
51,836
      
89
      
-
      
-
      
89
      
51,925
      
-
  
Home equity -
junior lien
    
62,892
      
165
      
278
      
81
      
524
      
63,416
      
-
  
Subtotal:
Real estate mortgage
    
1,344,469
      
3,298
      
1,243
      
2,652
      
7,193
      
1,351,662
      
261
  
                                                         
Consumer
    
37,196
      
226
      
9
      
-
      
235
      
37,431
      
-
  
Total
   $
2,323,069
     $
5,673
     $
1,259
     $
5,119
     $
12,051
     $
2,335,120
     $
261
  
                                                         
December 31, 2016
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
                                                         
Commercial and industrial
   $
734,682
     $
84
     $
290
     $
1,785
     $
2,159
     $
736,841
     $
18
  
Construction and
development, excluding
undeveloped land
    
191,810
      
-
      
-
      
538
      
538
      
192,348
      
-
  
Undeveloped land
    
21,022
      
-
      
-
      
474
      
474
      
21,496
      
-
  
                                                         
Real estate mortgage
                                                        
Commercial investment
    
537,998
      
631
      
64
      
193
      
888
      
538,886
      
86
  
Owner occupied
commercial
    
406,726
      
342
      
-
      
1,224
      
1,566
      
408,292
      
182
  
1-4 family residential
    
246,730
      
1,174
      
576
      
1,018
      
2,768
      
249,498
      
34
  
Home equity - first lien
    
55,027
      
231
      
21
      
46
      
298
      
55,325
      
46
  
Home equity -
junior lien
    
66,911
      
99
      
126
      
383
      
608
      
67,519
      
72
  
Subtotal:
Real estate mortgage
    
1,313,392
      
2,477
      
787
      
2,864
      
6,128
      
1,319,520
      
420
  
                                                         
Consumer
    
34,965
      
28
      
105
      
72
      
205
      
35,170
      
-
  
Total
   $
2,295,871
     $
2,589
     $
1,182
     $
5,733
     $
9,504
     $
2,305,375
     $
438
  
 
Consistent with regulatory guidance, Bancorp categorizes loans into credit risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends. Pass-rated loans included all risk-rated loans other than those classified as other assets especially mentioned, substandard, and doubtful, which are defined below:
 
 
●
Other assets especially mentioned (“OAEM”): Loans classified as OAEM have potential weaknesses that deserve management's close attention. These potential weaknesses
may
result in deterioration of repayment prospects for the loan or of Bancorp's credit position at some future date.
 
 
●
Substandard: Loans classified as substandard are inadequately protected by the paying capacity of the obligor or of collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize repayment of the debt. Default is a distinct possibility if deficiencies are
not
corrected.
 
 
●
Substandard non-performing: Loans classified as substandard non-performing have all the characteristics of substandard loans and have been placed on non-accrual status or have been accounted for as troubled debt restructurings. Loans are placed on non-accrual status when prospects for recovering both principal and accrued interest are considered doubtful or when a default of principal or interest has existed for
90
days or more.
While on non-accrual status, payments of interest are applied to reduce the recorded investment in the loan.
 
 
●
Doubtful: Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make repayment on the basis of currently existing facts, conditions and values, highly questionable and improbable.
 
As of
September 30, 2017
and
December 31, 2016,
the internally assigned risk grades of loans by category were as follows:
 
(in thousands)
  
 
 
 
  
 
 
 
  
 
 
 
  
Substandard
    
 
 
 
  
Total
  
September 30, 2017
  
Pass
    
OAEM
    
Substandard
    
non-performing
    
Doubtful
    
loans
  
                                                 
Commercial and industrial
   $
726,194
     $
7,464
     $
14,197
     $
2,873
     $
-
     $
750,728
  
Construction and
development, excluding
undeveloped land
    
174,310
      
-
      
-
      
-
      
-
      
174,310
  
Undeveloped land
    
20,485
      
-
      
30
      
474
      
-
      
20,989
  
                                                 
Real estate mortgage
                                                
Commercial investment
    
575,339
      
761
      
420
      
290
      
-
      
576,810
  
Owner occupied
commercial
    
383,387
      
10,313
      
2,869
      
1,235
      
-
      
397,804
  
1-4 family residential
    
256,458
      
3,018
      
1,172
      
1,059
      
-
      
261,707
  
Home equity - first lien
    
51,923
      
2
      
-
      
-
      
-
      
51,925
  
Home equity -
junior lien
    
63,029
      
73
      
233
      
81
      
-
      
63,416
  
Subtotal:
Real estate mortgage
    
1,330,136
      
14,167
      
4,694
      
2,665
      
-
      
1,351,662
  
                                                 
Consumer
    
37,269
      
102
      
4
      
56
      
-
      
37,431
  
Total
   $
2,288,394
     $
21,733
     $
18,925
     $
6,068
     $
-
     $
2,335,120
  
                                                 
                                                 
December 31, 2016
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
                                                 
Commercial and industrial
   $
714,025
     $
14,266
     $
5,850
     $
2,700
     $
-
     $
736,841
  
Construction and
development, excluding
undeveloped land
    
191,455
      
-
      
355
      
538
      
-
      
192,348
  
Undeveloped land
    
21,022
      
-
      
-
      
474
      
-
      
21,496
  
                                                 
Real estate mortgage
                                                
Commercial investment
    
538,688
      
-
      
5
      
193
      
-
      
538,886
  
Owner occupied
commercial
    
396,997
      
7,960
      
2,111
      
1,224
      
-
      
408,292
  
1-4 family residential
    
247,888
      
-
      
592
      
1,018
      
-
      
249,498
  
Home equity - first lien
    
55,279
      
-
      
-
      
46
      
-
      
55,325
  
Home equity -
junior lien
    
66,710
      
-
      
426
      
383
      
-
      
67,519
  
Subtotal:
Real estate mortgage
    
1,305,562
      
7,960
      
3,134
      
2,864
      
-
      
1,319,520
  
                                                 
Consumer
    
35,039
      
-
      
-
      
131
      
-
      
35,170
  
Total
   $
2,267,103
     $
22,226
     $
9,339
     $
6,707
     $
-
     $
2,305,375