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Loans (Tables)
12 Months Ended
Dec. 31, 2012
Receivables [Abstract]  
Schedule of Loans by Class
The following table presents loans by class as of the dates indicated:
December 31,
2012
 
2011
Real estate loans:
 
 
 
Commercial
$
1,497,272

 
$
1,553,155

Construction:
 
 
 
Land acquisition & development
220,196

 
278,613

Residential
49,274

 
61,106

Commercial
65,059

 
61,054

Total construction loans
334,529

 
400,773

Residential
708,339

 
571,943

Agricultural
177,244

 
175,302

Total real estate loans
2,717,384

 
2,701,173

Consumer:
 
 
 
Indirect consumer
438,245

 
407,651

Other consumer
137,743

 
147,487

Credit card
60,806

 
60,933

Total consumer loans
636,794

 
616,071

Commercial
688,753

 
693,261

Agricultural
113,627

 
119,710

Other, including overdrafts
912

 
2,813

Loans held for investment
4,157,470

 
4,133,028

Mortgage loans held for sale
66,442

 
53,521

Total loans
$
4,223,912

 
$
4,186,549

Schedule of Recorded Investment in Past Due Loans by Class
The following tables present the contractual aging of the Company’s recorded investment in past due loans by class as of the period indicated:
 
 
 
 
Total Loans
 
 
 
 
30 - 59
60 - 89
> 90
30 or More
 
 
 
 
Days
Days
Days
Days
Current
Non-accrual
Total
As of December 31, 2012
Past Due
Past Due
Past Due
Past Due
Loans
Loans
Loans
Real estate
 
 
 
 
 
 
 
Commercial
$
5,449

$
3,163

$
2

$
8,614

$
1,438,142

$
50,516

$
1,497,272

Construction:
 
 
 
 
 
 

 

Land acquisition & development
3,371

2,121

318

5,810

195,077

19,309

220,196

Residential
283



283

46,816

2,175

49,274

Commercial




56,933

8,126

65,059

Total construction loans
3,654

2,121

318

6,093

298,826

29,610

334,529

Residential
3,896

969

1,085

5,950

691,963

10,426

708,339

Agricultural
1,187


218

1,405

171,009

4,830

177,244

Total real estate loans
14,186

6,253

1,623

22,062

2,599,940

95,382

2,717,384

Consumer:
 
 
 
 


 

 

Indirect consumer
3,218

512

32

3,762

434,200

283

438,245

Other consumer
1,044

104

31

1,179

135,574

990

137,743

Credit card
409

278

392

1,079

59,704

23

60,806

Total consumer loans
4,671

894

455

6,020

629,478

1,296

636,794

Commercial
5,463

1,064

216

6,743

671,414

10,596

688,753

Agricultural
1,710

361


2,071

111,031

525

113,627

Other, including overdrafts




912


912

Loans held for investment
26,030

8,572

2,294

36,896

4,012,775

107,799

4,157,470

Mortgage loans originated for sale




66,442


66,442

Total loans
$
26,030

$
8,572

$
2,294

$
36,896

$
4,079,217

$
107,799

$
4,223,912


 
 
 
 
Total Loans
 
 
 
 
30 - 59
60 - 89
> 90
30 or More
 
 
 
 
Days
Days
Days
Days
Current
Non-accrual
Total
As of December 31, 2011
Past Due
Past Due
Past Due
Past Due
Loans
Loans
Loans
Real estate
 
 
 
 
 
 
 
Commercial
$
22,124

$
7,871

$
630

$
30,625

$
1,455,139

$
67,391

$
1,553,155

Construction:
 
 
 
 
 
 

 

Land acquisition & development
5,251

2,448

867

8,566

208,134

61,913

278,613

Residential
415



415

56,219

4,472

61,106

Commercial
1,698



1,698

34,820

24,536

61,054

Total construction loans
7,364

2,448

867

10,679

299,173

90,921

400,773

Residential
4,669

973

1,798

7,440

546,278

18,225

571,943

Agricultural
4,103

1,831


5,934

166,119

3,249

175,302

Total real estate loans
38,260

13,123

3,295

54,678

2,466,709

179,786

2,701,173

Consumer:
 
 
 




 

 

Indirect consumer
3,078

370

45

3,493

403,695

463

407,651

Other consumer
1,479

436

60

1,975

144,625

887

147,487

Credit card
604

375

585

1,564

59,343

26

60,933

Total consumer loans
5,161

1,181

690

7,032

607,663

1,376

616,071

Commercial
13,721

3,464

405

17,590

657,609

18,062

693,261

Agricultural
476

215

110

801

118,150

759

119,710

Other, including overdrafts

2


2

2,811


2,813

Loans held for investment
57,618

17,985

4,500

80,103

3,852,942

199,983

4,133,028

Mortgage loans originated for sale




53,521


53,521

Total loans
$
57,618

$
17,985

$
4,500

$
80,103

$
3,906,463

$
199,983

$
4,186,549

Schedule of Recorded Investment in Impaired Loans
The following tables present information on the Company’s recorded investment in impaired loans as of dates indicated:
 
December 31, 2012
 
Unpaid
Total
Principal
Balance
Recorded
Investment
With No
Allowance
Recorded
Investment
With
Allowance
Total
Recorded
Investment
Related
Allowance
Real estate:
 
 
 
 
 
Commercial
$
84,300

$
39,049

$
34,774

$
73,823

$
4,112

Construction:
 
 
 
 
 
Land acquisition & development
28,558

15,891

7,173

23,064

1,457

Residential
3,018

1,976

710

2,686

251

Commercial
10,447

7,785

340

8,125

69

Total construction loans
42,023

25,652

8,223

33,875

1,777

Residential
13,271

6,152

4,495

10,647

1,677

Agricultural
5,559

1,834

3,227

5,061

784

Total real estate loans
145,153

72,687

50,719

123,406

8,350

Commercial
12,770

9,036

3,206

12,242

1,919

Agricultural
589

509

28

537

28

Total
$
158,512

$
82,232

$
53,953

$
136,185

$
10,297

 
December 31, 2011
 
Unpaid
Total
Principal
Balance
Recorded
Investment
With No
Allowance
Recorded
Investment
With
Allowance
Total
Recorded
Investment
Related
Allowance
Real estate:
 
 
 
 
 
Commercial
$
97,745

$
62,769

$
23,218

$
85,987

$
6,741

Construction:
 
 
 
 
 
Land acquisition & development
73,258

22,300

39,131

61,431

12,084

Residential
13,721

10,427

2,044

12,471

312

Commercial
26,647

3,510

21,026

24,536

5,042

Total construction loans
113,626

36,237

62,201

98,438

17,438

Residential
18,305

2,678

15,626

18,304

3,844

Agricultural
8,018

7,470


7,470


Total real estate loans
237,694

109,154

101,045

210,199

28,023

Commercial
26,348

7,354

12,284

19,638

4,664

Agricultural
759

496

263

759

151

Total
$
264,801

$
117,004

$
113,592

$
230,596

$
32,838


 
December 31, 2010
 
Unpaid
Total
Principal
Balance
Recorded
Investment
With No
Allowance
Recorded
Investment
With
Allowance
Total
Recorded
Investment
Related
Allowance
Real estate:
 
 
 
 
 
Commercial
$
79,193

$
31,925

$
41,703

$
73,628

$
10,315

Construction:
 
 
 
 
 
Land acquisition & development
48,371

24,120

20,440

44,560

8,064

Residential
18,632

2,993

13,721

16,714

3,431

Commercial
17,458

2,976

13,578

16,554

3,877

Total construction loans
84,461

30,089

47,739

77,828

15,372

Residential
8,951

1,741

7,110

8,851

1,266

Agricultural
3,045

1,065

1,432

2,497

128

Total real estate loans
175,650

64,820

97,984

162,804

27,081

Commercial
36,251

11,354

24,168

35,522

14,892

Agricultural
976

498

478

976

253

Total
$
212,877

$
76,672

$
122,630

$
199,302

$
42,226

Schedule of Average Recorded Investment In and Income Recognized on Impaired Loans
The following tables present the average recorded investment in and income recognized on impaired loans for the periods indicated:
 
Year Ended December 31,
 
2012
 
2011
 
2010
 
Average Recorded Investment
Income Recognized
 
Average Recorded Investment
Income Recognized
 
Average Recorded Investment
Real estate:
 
 
 
 
 
 
 
Commercial
$
78,670

$
1,339

 
$
85,702

$
633

 
$
49,713

Construction:
 
 
 
 
 
 
 
Land acquisition & development
44,457

110

 
57,675

96

 
34,871

Residential
8,431

4

 
19,769

384

 
15,097

Commercial
16,401


 
20,676


 
21,086

Total construction loans
69,289

114

 
98,120

480

 
71,054

Residential
13,703

26

 
15,768

258

 
10,889

Agricultural
6,936

41

 
6,188

167

 
1,737

Total real estate loans
168,598

1,520

 
205,778

1,538

 
133,393

Commercial
15,741

84

 
31,490

121

 
22,017

Agricultural
942

27

 
907


 
974

Total
$
185,281

$
1,631

 
$
238,175

$
1,659

 
$
156,384

Schedule of Loans Renegotiated in Troubled Debt Restructurings
The following table presents information on the Company's troubled debt restructurings that occurred during the periods indicated:
 
 
Number of Notes
 
Type of Concession
Principal Balance at Restructure Date
Year Ended December 31, 2012
 
 
Interest only period
Extension of terms or maturity
Interest rate adjustment
Other
Real estate:
 
 
 
 
 
 
 
 
Commercial
 
16

 
$

$
959

$
4,504

$
8,611

$
14,074

Construction:
 
 
 
 
 
 
 
 
Commercial
 
1

 



3,155

3,155

Land acquisition & development
 
5

 

1,000

1,757

623

3,380

Residential
 
2

 

280

233


513

Total construction loans
 
8

 

1,280

1,990

3,778

7,048

Residential
 
2

 
568

25



593

Agriculture
 
1

 

154



154

Total real estate loans
 
27

 
568

2,418

6,494

12,389

21,869

Consumer:
 
 
 
 
 
 
 
 
Other consumer
 
1

 

69



69

Total consumer loans
 
1

 

69



69

Commercial
 
10

 
387

217


218

822

Agriculture
 

 
 

 


Total
 
38

 
$
955

$
2,704

$
6,494

$
12,607

$
22,760

 
 
Number of Notes
 
Type of Concession
Principal Balance at Restructure Date
Year ended December 31, 2011
 
 
Interest only period
Extension of terms or maturity
Interest rate adjustment
Other
Real estate:
 
 
 
 
 
 
 
 
Commercial
 
60

 
$
23,982

$
4,444

$
3,131

$
7,364

$
38,921

Construction:
 
 
 
 
 
 
 
 
Land acquisition & development
 
9

 
995

4,124

680

408

6,207

Residential
 
5

 
7,749

878

234


8,861

Total construction loans
 
14

 
8,744

5,002

914

408

15,068

Residential
 
6

 
9,771

364

223

590

10,948

Agriculture
 
7

 
3,594

517

189

240

4,540

Total real estate loans
 
87

 
46,091

10,327

4,457

8,602

69,477

Consumer:
 
 
 
 
 
 
 
 
Indirect
 
2

 



29

29

Other consumer
 
3

 
17

11


50

78

Total consumer loans
 
5

 
17

11


79

107

Commercial
 
40

 
11,727

428

662

2,555

15,372

Agriculture
 
5

 

24


163

187

Total
 
137

 
$
57,835

$
10,790

$
5,119

$
11,399

$
85,143

Troubled Debt Restructurings Within Previous 12 Months
The following table presents information on the Company's troubled debt restructurings within the previous 12 months for which there was a payment default during the period.
 
2012
 
2011
As of December 31,
Number of Notes
 
Balance
 
Number of Notes
 
Balance
Real estate:
 
 
 
 
 
 
 
Commercial

 
$

 
9

 
$
2,747

Construction:
 
 
 
 
 
 
 
Land acquisition & development
1

 
468

 
1

 
1,135

Residential

 

 
1

 
170

Total construction loans
1

 
468

 
2

 
1,305

Residential
2

 
635

 

 

Agriculture

 

 
1

 
33

Total real estate loans
3

 
1,103

 
12

 
4,085

Commercial

 

 
6

 
213

Agricultural

 

 
2

 
24

Total
3

 
$
1,103

 
20

 
$
4,322

Schedule of Recorded Investment in Criticized Loans by Class and Credit Quality Indicator
The following tables present the Company’s recorded investment in criticized loans by class and credit quality indicator based on the most recent analysis performed as of the dates indicated:
 
Other Assets
Especially
Mentioned
Substandard
Doubtful
Total
Criticized
Loans
As of December 31, 2012
 
 
 
 
Real estate:
 
 
 
 
Commercial
$
101,936

$
135,282

$
15,173

$
252,391

Construction:
 
 
 
 
Land acquisition & development
28,137

25,884

4,739

58,760

Residential
2,531

2,427

1,143

6,101

Commercial
3,000

795

7,383

11,178

Total construction loans
33,668

29,106

13,265

76,039

Residential
9,542

11,680

4,511

25,733

Agricultural
18,490

6,737

3,228

28,455

Total real estate loans
163,636

182,805

36,177

382,618

Consumer:
 
 
 
 
Indirect consumer
793

1,764

114

2,671

Other consumer
684

1,395

628

2,707

Credit card

415

2,085

2,500

Total consumer loans
1,477

3,574

2,827

7,878

Commercial
42,223

27,184

3,428

72,835

Agricultural
2,596

1,625

28

4,249

Total
$
209,932

$
215,188

$
42,460

$
467,580

 
Other Assets
Especially
Mentioned
Substandard
Doubtful
Total
Criticized
Loans
As of December 31, 2011
 
 
 
 
Real estate:
 
 
 
 
Commercial
$
129,046

$
153,320

$
25,087

$
307,453

Construction:
 
 
 
 
Land acquisition & development
37,294

31,873

38,761

107,928

Residential
9,448

5,528

2,044

17,020

Commercial

2,620

21,916

24,536

Total construction loans
46,742

40,021

62,721

149,484

Residential
8,149

15,706

15,140

38,995

Agricultural
16,037

18,498

395

34,930

Total real estate loans
199,974

227,545

103,343

530,862

Consumer:
 
 
 
 
Indirect consumer
1,141

1,729

247

3,117

Other consumer
745

1,361

674

2,780

Credit card

486

2,789

3,275

Total consumer loans
1,886

3,576

3,710

9,172

Commercial
34,698

33,478

12,849

81,025

Agricultural
4,345

5,195

263

9,803

Total
$
240,903

$
269,794

$
120,165

$
630,862