Loans (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Recorded Investment in Past Due Loans by Class



							Total Loans
	30 - 59		60 - 89		> 90		30 or More
	Days		Days		Days		Days		Current		Non-accrual		Total
As of June 30, 2017	Past Due		Past Due		Past Due		Past Due		Loans		Loans		Loans
Real estate
Commercial	$	4,522	$	419	$	978	$	5,919	$	2,780,010	$	30,597	$	2,816,526
Construction:
Land acquisition & development	1,880		42		52		1,974		333,247		4,663		339,884
Residential	1,124		508		—		1,632		217,914		210		219,756
Commercial	—		—		—		—		117,287		4,318		121,605
Total construction loans	3,004		550		52		3,606		668,448		9,191		681,245
Residential	14,136		2,583		3,583		20,302		1,441,507		4,205		1,466,014
Agricultural	1,371		661		1,900		3,932		156,898		2,345		163,175
Total real estate loans	23,033		4,213		6,513		33,759		5,046,863		46,338		5,126,960
Consumer:
Indirect consumer	6,430		1,648		159		8,237		769,361		1,428		779,026
Other consumer	1,246		301		87		1,634		173,713		390		175,737
Credit card	488		355		487		1,330		74,300		1		75,631
Total consumer loans	8,164		2,304		733		11,201		1,017,374		1,819		1,030,394
Commercial	3,487		1,248		1,684		6,419		1,178,688		25,762		1,210,869
Agricultural	1,618		487		432		2,537		143,824		2,768		149,129
Other, including overdrafts	—		—		—		—		8,238		—		8,238
Loans held for investment	36,302		8,252		9,362		53,916		7,394,987		76,687		7,525,590
Mortgage loans originated for sale	—		—		—		—		30,383		—		30,383
Total loans	$	36,302	$	8,252	$	9,362	$	53,916	$	7,425,370	$	76,687	$	7,555,973



							Total Loans
	30 - 59		60 - 89		> 90		30 or More
	Days		Days		Days		Days		Current		Non-accrual		Total
As of December 31, 2016	Past Due		Past Due		Past Due		Past Due		Loans		Loans		Loans
Real estate
Commercial	$	7,307	$	1,099	$	303	$	8,709	$	1,799,525	$	26,211	$	1,834,445
Construction:
Land acquisition & development	633		352		279		1,264		202,223		5,025		208,512
Residential	931		264		—		1,195		146,245		456		147,896
Commercial	—		—		—		—		124,827		762		125,589
Total construction loans	1,564		616		279		2,459		473,295		6,243		481,997
Residential	3,986		1,280		702		5,968		1,014,990		6,435		1,027,393
Agricultural	341		287		—		628		165,293		4,327		170,248
Total real estate loans	13,198		3,282		1,284		17,764		3,453,103		43,216		3,514,083
Consumer:
Indirect consumer	8,425		2,329		712		11,466		740,163		780		752,409
Other consumer	1,322		235		167		1,724		146,006		357		148,087
Credit card	504		333		567		1,404		68,366		—		69,770
Total consumer loans	10,251		2,897		1,446		14,594		954,535		1,137		970,266
Commercial	3,171		727		734		4,632		767,878		25,432		797,942
Agricultural	1,518		362		14		1,894		127,956		3,008		132,858
Other, including overdrafts	—		1		311		312		1,289		—		1,601
Loans held for investment	28,138		7,269		3,789		39,196		5,304,761		72,793		5,416,750
Mortgage loans originated for sale	—		—		—		—		61,794		—		61,794
Total loans	$	28,138	$	7,269	$	3,789	$	39,196	$	5,366,555	$	72,793	$	5,478,544

Schedule of acquired loans with credit impairment



Contractually required principal and interest payments	$	48,041
Contractual cash flows not expected to be collected ("non-accretable discount")	23,376
Cash flows expected to be collected	24,665
Interest component of cash flows expected to be collected ("accretable discount")	1,901
Fair value of acquired credit-impaired loans	$	22,764

The following table displays the outstanding unpaid balances and accrual status of loans acquired with credit impairment as of June 30, 2017 and 2016:



As of June 30,	2017		2016

Outstanding balance	$	60,195	$	31,979

Carrying value
Loans on accrual status	39,359		20,140
Total carrying value	$	39,359	$	20,140

The following table summarizes changes in the accretable yield for loans acquired credit impaired for the three and six months ended June 30, 2017 and 2016:



	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016

Beginning balance	$	6,432		$	6,678		$	6,803		$	6,713
Additions	1,929			—			1,929			—
Accretion income	(668		)	(615		)	(1,273		)	(1,229		)
Reductions due to exit events	(418		)	(158		)	(988		)	(305		)
Reclassifications from nonaccretable differences	375			—			1,179			726
Ending balance	$	7,650		$	5,905		$	7,650		$	5,905

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:



As of June 30, 2017	Unpaid Total Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance
Real estate:
Commercial	$	53,576	$	22,751	$	20,380	$	43,131	$	5,158
Construction:
Land acquisition & development	11,281		3,639		1,718		5,357		741
Residential	312		209		—		209		—
Commercial	4,728		226		4,204		4,430		2,828
Total construction loans	16,321		4,074		5,922		9,996		3,569
Residential	7,636		4,472		2,022		6,494		170
Agricultural	2,752		2,549		153		2,702		9
Total real estate loans	80,285		33,846		28,477		62,323		8,906
Consumer	28		—		25		25		—
Commercial	39,587		13,021		18,882		31,903		6,882
Agricultural	3,001		2,040		940		2,980		528
Total	$	122,901	$	48,907	$	48,324	$	97,231	$	16,316



As of December 31, 2016	Unpaid Total Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance
Real estate:
Commercial	$	57,017	$	24,410	$	21,420	$	45,830	$	2,847
Construction:
Land acquisition & development	12,084		4,330		1,813		6,143		826
Residential	1,555		219		619		838		1
Commercial	4,786		3,940		647		4,587		657
Total construction loans	18,425		8,489		3,079		11,568		1,484
Residential	8,222		4,074		2,470		6,544		253
Agricultural	5,069		4,509		181		4,690		4
Total real estate loans	88,733		41,482		27,150		68,632		4,588
Commercial	40,314		13,230		19,167		32,397		9,254
Agricultural	3,738		3,280		382		3,662		112
Total	$	132,785	$	57,992	$	46,699	$	104,691	$	13,954

The following table presents the average recorded investment in and income recognized on impaired loans for the periods indicated:



	Three Months Ended June 30,
	2017				2016
	Average Recorded Investment		Income Recognized		Average Recorded Investment		Income Recognized


Real estate:
Commercial	$	43,871	$	102	$	34,576	$	105
Construction:
Land acquisition & development	5,411		4		7,096		12
Residential	212		—		277		—
Commercial	4,463		1		1,421		2
Total construction loans	10,086		5		8,794		14
Residential	6,574		4		3,067		2
Agricultural	2,389		—		5,857		—
Total real estate loans	62,920		111		52,294		121
Consumer	13		—		—		—
Commercial	32,491		60		28,074		41
Agricultural	2,068		—		753		—
Total	$	97,492	$	171	$	81,121	$	162



	Six Months Ended June 30,
	2017				2016
	Average Recorded Investment		Income Recognized		Average Recorded Investment		Income Recognized


Real estate:
Commercial	$	44,481	$	227	$	36,342	$	141
Construction:
Land acquisition & development	5,750		8		7,277		19
Residential	524		—		282		—
Commercial	4,509		44		1,433		2
Total construction loans	10,783		52		8,992		21
Residential	6,519		8		4,138		3
Agricultural	3,696		—		5,671		1
Total real estate loans	65,479		287		55,143		166
Consumer	13		—		—		—
Commercial	32,150		109		28,133		56
Agricultural	3,321		2		846		—
Total	$	100,963	$	398	$	84,122	$	222

Schedule of Loans Renegotiated in Troubled Debt Restructurings

The Company considers a payment default to occur on troubled debt restructurings when the loan is 90 days or more past due or was placed on non-accrual status after the modification.




	Three Months Ended June 30, 2017			Six Months Ended June 30, 2017
	Number of Notes	Balance		Number of Notes	Balance
Commercial real estate	3	$	2,763	3	$	2,763
Commercial construction	1	3,575		1	3,575
Total	4	$	6,338	4	$	6,338



	Number of Notes	Type of Concession								Principal Balance at Restructure Date
Three Months Ended June 30, 2017	Number of Notes	Interest only period		Extension of term or amortization schedule		Interest rate adjustment		Other (1)		Principal Balance at Restructure Date
Commercial real estate	1	$	—	$	226	$	—	$	—	$	226
Commercial	2	16		—		—		465		481
Total loans restructured during period	3	$	16	$	226	$	—	$	465	$	707
(1) Other includes concessions that reduce or defer payments for a specified period of time and/or concessions that do not fit into other designated categories.




	Number of Notes	Type of Concession								Principal Balance at Restructure Date
Six Months Ended June 30, 2017	Number of Notes	Interest only period		Extension of terms or maturity		Interest rate adjustment		Other (1)		Principal Balance at Restructure Date
Commercial real estate	5	$	1,475	$	388	$	—	$	909	$	2,772
Commercial	15	511		1,968		—		5,446		7,925
Total loans restructured during period	20	$	1,986	$	2,356	$	—	$	6,355	$	10,697
(1) Other includes concessions that reduce or defer payments for a specified period of time and/or do not fit into other designated categories.

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:



As of June 30, 2017	Other Assets Especially Mentioned		Substandard		Doubtful		Total Criticized Loans
Real estate:
Commercial	$	89,093	$	105,050	$	14,265	$	208,408
Construction:
Land acquisition & development	17,516		6,785		1,383		25,684
Residential	2,609		2,503		548		5,660
Commercial	1,520		3,844		4,221		9,585
Total construction loans	21,645		13,132		6,152		40,929
Residential	4,831		11,754		874		17,459
Agricultural	1,319		16,016		—		17,335
Total real estate loans	116,888		145,952		21,291		284,131
Consumer:
Indirect consumer	707		2,096		126		2,929
Other consumer	609		835		135		1,579
Credit card	—		185		—		185
Total consumer loans	1,316		3,116		261		4,693
Commercial	39,346		57,731		21,310		118,387
Agricultural	5,526		15,612		1,327		22,465
Total	$	163,076	$	222,411	$	44,189	$	429,676



As of December 31, 2016	Other Assets Especially Mentioned		Substandard		Doubtful		Total Criticized Loans
Real estate:
Commercial	$	85,292	$	85,293	$	10,842	$	181,427
Construction:
Land acquisition & development	13,414		6,214		1,401		21,029
Residential	412		1,621		656		2,689
Commercial	1,555		6,344		664		8,563
Total construction loans	15,381		14,179		2,721		32,281
Residential	5,038		12,472		764		18,274
Agricultural	3,831		17,813		—		21,644
Total real estate loans	109,542		129,757		14,327		253,626
Consumer:
Indirect consumer	778		1,527		101		2,406
Other consumer	681		1,036		264		1,981
Total consumer loans	1,459		2,563		365		4,387
Commercial	46,402		29,281		21,240		96,923
Agricultural	6,178		10,724		404		17,306
Total	$	163,581	$	172,325	$	36,336	$	372,242