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Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2018

The various categories of loans are summarized as follows:



(In thousands)	September 30, 2018		December 31, 2017

Consumer:
Credit cards	$	182,137	$	185,422
Other consumer	259,581		280,094
Total consumer	441,718		465,516
Real Estate:
Construction	1,229,888		614,155
Single family residential	1,401,991		1,094,633
Other commercial	3,077,188		2,530,824
Total real estate	5,709,067		4,239,612
Commercial:
Commercial	1,608,342		825,217
Agricultural	218,778		148,302
Total commercial	1,827,120		973,519
Other	145,369		26,962
Loans	8,123,274		5,705,609
Loans acquired, net of discount and allowance ⁽¹⁾	3,734,921		5,074,076
Total loans	$	11,858,195	$	10,779,685

_____________________________

(1) See Note 6, Loans Acquired, for segregation of loans acquired by loan class.

The impact of these adjustments on the Company’s financial results for the three and nine months ended September 30, 2018 and 2017 is shown below:



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2018		2017		2018		2017

Impact on net interest income and pre-tax income	$	629	$	23	$	1,105	$	2,596

Impact, net of taxes	$	464	$	14	$	814	$	1,578

The following table reflects the carrying value of all loans acquired as of September 30, 2018 and December 31, 2017:



	Loans Acquired
(In thousands)	September 30, 2018		December 31, 2017
Consumer:
Other consumer	$	21,278	$	51,467
Real estate:
Construction	467,895		637,032
Single family residential	606,866		793,228
Other commercial	2,040,189		2,387,777
Total real estate	3,114,950		3,818,037
Commercial:
Commercial	596,641		995,587
Agricultural	2,052		66,576
Total commercial	598,693		1,062,163
Other	—		142,409
Total loans acquired ⁽¹⁾	$	3,734,921	$	5,074,076

_____________________________________________________________________________________

(1) Loans acquired are reported net of a $1,345,000 and $418,000 allowance at September 30, 2018 and December 31, 2017, respectively.

Changes in the carrying amount of the accretable yield for all purchased impaired loans were as follows for the three and nine months ended September 30, 2018 and 2017.



	Three Months Ended September 30, 2018						Nine Months Ended September 30, 2018
(In thousands)	Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans
Beginning balance	$	1,382		$	13,995		$	620		$	17,116
Additions	—			—			—			—
Accretable yield adjustments	717			—			1,895			—
Accretion	(635		)	635			(1,051		)	1,051
Payments and other reductions, net	—			(9,664		)	—			(13,201		)
Balance, ending	$	1,464		$	4,966		$	1,464		$	4,966



	Three Months Ended September 30, 2017						Nine Months Ended September 30, 2017
(In thousands)	Accretable Yield			Carrying Amount of Loans			Accretable Yield			Carrying Amount of Loans
Beginning balance	$	766		$	8,448		$	1,655		$	17,802
Additions	—			—			—			2,388
Accretable yield adjustments	52			—			2,698			—
Accretion	(408		)	408			(3,943		)	3,943
Payments and other reductions, net	—			(980		)	—			(16,257		)
Balance, ending	$	410		$	7,876		$	410		$	7,876

Nonaccrual Loans

Nonaccrual loans, excluding loans acquired, segregated by class of loans, are as follows:



(In thousands)	September 30, 2018		December 31, 2017

Consumer:
Credit cards	$	328	$	170
Other consumer	3,317		4,605
Total consumer	3,645		4,775
Real estate:
Construction	1,289		2,242
Single family residential	11,508		13,431
Other commercial	9,639		16,054
Total real estate	22,436		31,727
Commercial:
Commercial	11,932		6,980
Agricultural	2,492		2,160
Total commercial	14,424		9,140
Total	$	40,505	$	45,642

Nonaccrual loans acquired, excluding purchased credit impaired loans accounted for under ASC Topic 310-30, segregated by class of loans, are as follows (see Note 5, Loans and Allowance for Loan Losses, for discussion of nonaccrual loans):



(In thousands)	September 30, 2018		December 31, 2017

Consumer:
Other consumer	$	293	$	334
Real estate:
Construction	279		1,767
Single family residential	9,053		12,151
Other commercial	1,354		7,401
Total real estate	10,686		21,319
Commercial:
Commercial	4,964		1,748
Agricultural	38		84
Total commercial	5,002		1,832
Total	$	15,981	$	23,485

Past Due Loans

An age analysis of past due loans, excluding loans acquired, segregated by class of loans, is as follows:



(In thousands)	Gross 30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days Past Due & Accruing

September 30, 2018
Consumer:
Credit cards	$	777	$	517	$	1,294	$	180,843	$	182,137	$	188
Other consumer	3,341		1,921		5,262		254,319		259,581		1
Total consumer	4,118		2,438		6,556		435,162		441,718		189
Real estate:
Construction	1,033		397		1,430		1,228,458		1,229,888		—
Single family residential	5,180		4,212		9,392		1,392,599		1,401,991		92
Other commercial	4,555		4,152		8,707		3,068,481		3,077,188		—
Total real estate	10,768		8,761		19,529		5,689,538		5,709,067		92
Commercial:
Commercial	4,568		5,873		10,441		1,597,901		1,608,342		—
Agricultural	128		2,253		2,381		216,397		218,778		—
Total commercial	4,696		8,126		12,822		1,814,298		1,827,120		—
Other	—		—		—		145,369		145,369		—
Total	$	19,582	$	19,325	$	38,907	$	8,084,367	$	8,123,274	$	281

December 31, 2017
Consumer:
Credit cards	$	707	$	672	$	1,379	$	184,043	$	185,422	$	332
Other consumer	5,009		3,298		8,307		271,787		280,094		10
Total consumer	5,716		3,970		9,686		455,830		465,516		342
Real estate:
Construction	411		1,210		1,621		612,534		614,155		—
Single family residential	8,071		6,460		14,531		1,080,102		1,094,633		1
Other commercial	2,388		8,031		10,419		2,520,405		2,530,824		—
Total real estate	10,870		15,701		26,571		4,213,041		4,239,612		1
Commercial:
Commercial	1,523		6,125		7,648		817,569		825,217		—
Agricultural	50		2,120		2,170		146,132		148,302		—
Total commercial	1,573		8,245		9,818		963,701		973,519		—
Other	—		—		—		26,962		26,962		—
Total	$	18,159	$	27,916	$	46,075	$	5,659,534	$	5,705,609	$	343

An age analysis of past due loans acquired segregated by class of loans, is as follows (see Note 5, Loans and Allowance for Loan Losses, for discussion of past due loans):



(In thousands)	Gross 30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days Past Due & Accruing

September 30, 2018
Consumer:
Other consumer	$	213	$	214	$	427	$	20,851	$	21,278	$	—
Real estate:
Construction	117		207		324		467,571		467,895		—
Single family residential	2,459		5,948		8,407		598,459		606,866		1
Other commercial	2,491		4,157		6,648		2,033,541		2,040,189		—
Total real estate	5,067		10,312		15,379		3,099,571		3,114,950		1
Commercial:
Commercial	1,471		4,020		5,491		591,150		596,641		—
Agricultural	27		5		32		2,020		2,052		—
Total commercial	1,498		4,025		5,523		593,170		598,693		—

Total	$	6,778	$	14,551	$	21,329	$	3,713,592	$	3,734,921	$	1

December 31, 2017
Consumer:
Other consumer	$	889	$	260	$	1,149	$	50,318	$	51,467	$	108
Real estate:
Construction	2,577		1,448		4,025		633,007		637,032		279
Single family residential	12,936		3,302		16,238		776,990		793,228		126
Other commercial	17,176		5,647		22,823		2,364,954		2,387,777		2,565
Total real estate	32,689		10,397		43,086		3,774,951		3,818,037		2,970
Commercial:
Commercial	2,344		1,039		3,383		992,204		995,587		67
Agricultural	51		—		51		66,525		66,576		—
Total commercial	2,395		1,039		3,434		1,058,729		1,062,163		67

Other	15		—		15		142,394		142,409		—
Total	$	35,988	$	11,696	$	47,684	$	5,026,392	$	5,074,076	$	3,145

Impaired Loans

Impaired loans, net of government guarantees and excluding loans acquired, segregated by class of loans, are as follows:



(In thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized
September 30, 2018											Three Months Ended September 30, 2018				Nine Months Ended September 30, 2018
Consumer:
Credit cards	$	328	$	328	$	—	$	328	$	—	$	283	$	35	$	259	$	60
Other consumer	3,528		3,317		—		3,317		—		3,561		28		4,109		96
Total consumer	3,856		3,645		—		3,645		—		3,844		63		4,368		156
Real estate:
Construction	879		800		490		1,290		232		1,411		11		1,747		41
Single family residential	11,771		11,023		715		11,738		36		13,577		98		13,550		315
Other commercial	7,909		5,942		7,431		13,373		—		12,282		108		14,284		332
Total real estate	20,559		17,765		8,636		26,401		268		27,270		217		29,581		688
Commercial:
Commercial	11,777		9,786		6,062		15,848		191		11,840		108		9,533		222
Agricultural	3,507		1,460		—		1,460		—		1,355		12		1,470		34
Total commercial	15,284		11,246		6,062		17,308		191		13,195		120		11,003		256
Total	$	39,699	$	32,656	$	14,698	$	47,354	$	459	$	44,309	$	400	$	44,952	$	1,100



December 31, 2017											Three Months Ended September 30, 2017				Nine Months Ended September 30, 2017
Consumer:
Credit cards	$	170	$	170	$	—	$	170	$	—	$	283	$	12	$	292	$	23
Other consumer	4,755		4,605		—		4,605		—		3,314		23		2,711		53
Total consumer	4,925		4,775		—		4,775		—		3,597		35		3,003		76
Real estate:
Construction	2,522		1,347		895		2,242		249		2,582		17		2,828		56
Single family residential	14,347		12,725		706		13,431		53		12,878		85		12,772		251
Other commercial	22,308		6,732		9,133		15,865		36		19,306		121		19,313		380
Total real estate	39,177		20,804		10,734		31,538		338		34,766		223		34,913		687
Commercial:
Commercial	9,954		4,306		2,269		6,575		—		14,543		84		12,943		255
Agricultural	3,278		1,035		—		1,035		—		1,562		8		1,645		32
Total commercial	13,232		5,341		2,269		7,610		—		16,105		92		14,588		287
Total	$	57,334	$	30,920	$	13,003	$	43,923	$	338	$	54,468	$	350	$	52,504	$	1,050

Troubled Debt Restructuring

The following table presents loans that were restructured as TDRs during the three and nine months ended September 30, 2018 and 2017, excluding loans acquired, segregated by class of loans.



						Modification Type
(Dollars in thousands)	Number of Loans	Balance Prior to TDR		Balance at September 30,		Change in Maturity Date		Change in Rate		Financial Impact on Date of Restructure
Three Months Ended September 30, 2018
Real estate:
Other commercial	2	$	392	$	390	$	390	$	—	$	212
Total real estate	2	392		390		390		—		212
Commercial:
Commercial	3	2,363		2,358		2,358		—		190
Total commercial	3	2,363		2,358		2,358		—		190
Total	5	$	2,755	$	2,748	$	2,748	$	—	$	402

Three Months Ended September 30, 2017
Commercial:
Commercial	1	$	608	$	607	$	607	$	—	$	—
Total commercial	1	608		607		607		—		—
Total	1	$	608	$	607	$	607	$	—	$	—

Nine Months Ended September 30, 2018
Consumer:
Other consumer	1	$	91	$	91	$	91	$	—	$	—
Total consumer	1	91		91		91		—		—
Real estate:
Single-family residential	1	61		62		62		—		—
Other commercial	2	392		390		390		—		212
Total real estate	3	453		452		452		—		212
Commercial:
Commercial	3	2,363		2,358		2,358		—		190
Total commercial	3	2,363		2,358		2,358		—		190
Total	7	$	2,907	$	2,901	$	2,901	$	—	$	402

Nine Months Ended September 30, 2017
Real estate:
Construction	1	$	456	$	456	$	456	$	—	$	—
Other commercial	2	7,362		7,362		7,362		—		33
Total real estate	3	7,818		7,818		7,818		—		33
Commercial:
Commercial	10	1,419		1,407		1,368		39		—
Total commercial	10	1,419		1,407		1,368		39		—
Total	13	$	9,237	$	9,225	$	9,186	$	39	$	33

The following table presents a summary of troubled debt restructurings, excluding loans acquired, segregated by class of loans.



	Accruing TDR Loans			Nonaccrual TDR Loans			Total TDR Loans
(Dollars in thousands)	Number	Balance		Number	Balance		Number	Balance
September 30, 2018
Real estate:
Construction	—	$	—	3	$	490	3	$	490
Single-family residential	7	318		10	631		17	949
Other commercial	2	3,365		3	2,953		5	6,318
Total real estate	9	3,683		16	4,074		25	7,757
Commercial:
Commercial	6	4,730		6	753		12	5,483
Total commercial	6	4,730		6	753		12	5,483
Total	15	$	8,413	22	$	4,827	37	$	13,240

December 31, 2017
Real estate:
Construction	—	$	—	1	$	420	1	$	420
Single-family residential	4	141		15	954		19	1,095
Other commercial	4	4,322		5	3,712		9	8,034
Total real estate	8	4,463		21	5,086		29	9,549
Commercial:
Commercial	5	2,644		6	745		11	3,389
Total commercial	5	2,644		6	745		11	3,389
Total	13	$	7,107	27	$	5,831	40	$	12,938

Loans by Credit Risk Ratings

The following table presents a summary of loans by credit risk rating as of September 30, 2018 and December 31, 2017, segregated by class of loans. Loans accounted for under ASC Topic 310-30 are all included in Risk Rate 1-4 in this table.



(In thousands)	Risk Rate 1-4		Risk Rate 5		Risk Rate 6		Risk Rate 7		Risk Rate 8		Total
September 30, 2018
Consumer:
Credit cards	$	181,620	$	—	$	517	$	—	$	—	$	182,137
Other consumer	255,857		—		3,724		—		—		259,581
Total consumer	437,477		—		4,241		—		—		441,718
Real estate:
Construction	1,225,481		2,286		2,121		—		—		1,229,888
Single family residential	1,382,655		843		18,256		237		—		1,401,991
Other commercial	3,047,514		9,304		20,370		—		—		3,077,188
Total real estate	5,655,650		12,433		40,747		237		—		5,709,067
Commercial:
Commercial	1,569,357		8,250		30,735		—		—		1,608,342
Agricultural	215,742		155		2,881		—		—		218,778
Total commercial	1,785,099		8,405		33,616		—		—		1,827,120
Other	145,369		—		—		—		—		145,369
Loans acquired	3,620,803		47,672		66,087		359		—		3,734,921
Total	$	11,644,398	$	68,510	$	144,691	$	596	$	—	$	11,858,195



(In thousands)	Risk Rate 1-4		Risk Rate 5		Risk Rate 6		Risk Rate 7		Risk Rate 8		Total
December 31, 2017
Consumer:
Credit cards	$	184,920	$	—	$	502	$	—	$	—	$	185,422
Other consumer	275,160		—		4,934		—		—		280,094
Total consumer	460,080		—		5,436		—		—		465,516
Real estate:
Construction	603,126		5,795		5,218		16		—		614,155
Single family residential	1,066,902		3,954		23,490		287		—		1,094,633
Other commercial	2,480,293		19,581		30,950		—		—		2,530,824
Total real estate	4,150,321		29,330		59,658		303		—		4,239,612
Commercial:
Commercial	736,377		74,254		14,402		50		134		825,217
Agricultural	146,065		24		2,190		23		—		148,302
Total commercial	882,442		74,278		16,592		73		134		973,519
Other	26,962		—		—		—		—		26,962
Loans acquired	4,918,570		62,128		93,378		—		—		5,074,076
Total	$	10,438,375	$	165,736	$	175,064	$	376	$	134	$	10,779,685

The following table presents a summary of loans acquired by credit risk rating, segregated by class of loans (see Note 5, Loans and Allowance for Loan Losses, for discussion of loan risk rating). Loans accounted for under ASC Topic 310-30 are all included in Risk Rate 1-4 in this table.



(In thousands)	Risk Rate 1-4		Risk Rate 5		Risk Rate 6		Risk Rate 7		Risk Rate 8		Total

September 30, 2018
Consumer:
Other consumer	$	20,813	$	9	$	456	$	—	$	—	$	21,278
Real estate:
Construction	440,881		18,011		9,003		—		—		467,895
Single family residential	590,003		2,475		14,029		359		—		606,866
Other commercial	2,006,371		12,283		21,535		—		—		2,040,189
Total real estate	3,037,255		32,769		44,567		359		—		3,114,950
Commercial:
Commercial	560,791		14,894		20,956		—		—		596,641
Agricultural	1,944		—		108		—		—		2,052
Total commercial	562,735		14,894		21,064		—		—		598,693

Total	$	3,620,803	$	47,672	$	66,087	$	359	$	—	$	3,734,921

December 31, 2017
Consumer:
Other consumer	$	50,625	$	21	$	821	$	—	$	—	$	51,467
Real estate:
Construction	604,796		30,524		1,712		—		—		637,032
Single family residential	770,954		2,618		19,656		—		—		793,228
Other commercial	2,337,097		15,064		35,616		—		—		2,387,777
Total real estate	3,712,847		48,206		56,984		—		—		3,818,037
Commercial:
Commercial	946,322		13,901		35,364		—		—		995,587
Agricultural	66,367		—		209		—		—		66,576
Total commercial	1,012,689		13,901		35,573		—		—		1,062,163

Other	142,409		—		—		—		—		142,409
Total	$	4,918,570	$	62,128	$	93,378	$	—	$	—	$	5,074,076

Allowance for Loan Losses

The Company’s recorded investment in loans, excluding loans acquired, related to each balance in the allowance for loan losses by portfolio segment on the basis of the Company’s impairment methodology was as follows:



(In thousands)	Commercial		Real Estate		Credit Card		Other Consumer and Other		Total
September 30, 2018
Loans individually evaluated for impairment	$	17,308	$	26,401	$	328	$	3,317	$	47,354
Loans collectively evaluated for impairment	1,809,812		5,682,666		181,809		401,633		8,075,920
Balance, end of period	$	1,827,120	$	5,709,067	$	182,137	$	404,950	$	8,123,274

December 31, 2017
Loans individually evaluated for impairment	$	7,610	$	31,538	$	170	$	4,605	$	43,923
Loans collectively evaluated for impairment	965,909		4,208,074		185,252		302,451		5,661,686
Balance, end of period	$	973,519	$	4,239,612	$	185,422	$	307,056	$	5,705,609

The following table details activity in the allowance for loan losses by portfolio segment for legacy loans for the three and nine months ended September 30, 2018. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.



(In thousands)	Commercial			Real Estate			Credit Card			Other Consumer and Other			Total
Three Months Ended September 30, 2018
Balance, beginning of period ⁽²⁾	$	15,767		$	28,904		$	3,822		$	3,239		$	51,732
Provision for loan losses ⁽¹⁾	3,589			5,308			719			729			10,345
Charge-offs	(592		)	(4,952		)	(919		)	(1,321		)	(7,784		)
Recoveries	450			210			229			176			1,065
Net charge-offs	(142		)	(4,742		)	(690		)	(1,145		)	(6,719		)
Balance, September 30, 2018 ⁽²⁾	$	19,214		$	29,470		$	3,851		$	2,823		$	55,358

Nine Months Ended September 30, 2018
Balance, beginning of period ⁽²⁾	$	7,007		$	27,281		$	3,784		$	3,596		$	41,668
Provision for loan losses ⁽¹⁾	14,772			7,133			2,219			2,567			26,691
Charge-offs	(3,143		)	(5,568		)	(2,930		)	(3,743		)	(15,384		)
Recoveries	578			624			778			403			2,383
Net charge-offs	(2,565		)	(4,944		)	(2,152		)	(3,340		)	(13,001		)
Balance, September 30, 2018 ⁽²⁾	$	19,214		$	29,470		$	3,851		$	2,823		$	55,358

Period-end amount allocated to:
Loans individually evaluated for impairment	$	191		$	268		$	—		$	—		$	459
Loans collectively evaluated for impairment	19,023			29,202			3,851			2,823			54,899
Balance, September 30, 2018 ⁽²⁾	$	19,214		$	29,470		$	3,851		$	2,823		$	55,358

______________________

(1) Provision for loan losses of $1,837,000 attributable to loans acquired was excluded from this table for the nine months ended September 30, 2018 (total provision for loan losses for the three and nine months ended September 30, 2018 was $10,345,000 and $28,528,000). There were $699,000 and $910,000 in charge-offs for loans acquired during the three and nine months ended September 30, 2018, respectively, resulting in an ending balance in the allowance related to loans acquired of $1,345,000.

(2) Allowance for loan losses at September 30, 2018 includes $1,345,000 allowance for loans acquired (not shown in the table above). Allowance for loan losses at June 30, 2018 and December 31, 2017 includes $2,044,000 and $418,000, respectively, of allowance for loans acquired (not shown in the table above). The total allowance for loan losses at September 30, 2018 was $56,703,000 and total allowance for loan losses at June 30, 2018 and December 31, 2017 was $53,776,000 and $42,086,000, respectively.

Activity in the allowance for loan losses for the three and nine months ended September 30, 2017 was as follows:



(In thousands)	Commercial			Real Estate			Credit Card			Other Consumer and Other			Total
Three Months Ended September 30, 2017
Balance, beginning of period ⁽⁴⁾	$	8,105		$	25,731		$	3,754		$	3,789		$	41,379
Provision for loan losses ⁽³⁾	2,310			2,150			761			241			5,462
Charge-offs	(2,442		)	(896		)	(1,017		)	(819		)	(5,174		)
Recoveries	21			309			275			445			1,050
Net charge-offs	(2,421		)	(587		)	(742		)	(374		)	(4,124		)
Balance, September 30, 2017 ⁽⁴⁾	$	7,994		$	27,294		$	3,773		$	3,656		$	42,717

Nine Months Ended September 30, 2017
Balance, beginning of period ⁽⁴⁾	$	7,739		$	21,817		$	3,779		$	2,951		$	36,286
Provision for loan losses ⁽³⁾	3,255			7,984			2,168			1,920			15,327
Charge-offs	(3,083		)	(3,264		)	(2,962		)	(2,986		)	(12,295		)
Recoveries	83			757			788			1,771			3,399
Net charge-offs	(3,000		)	(2,507		)	(2,174		)	(1,215		)	(8,896		)
Balance, September 30, 2017 ⁽⁴⁾	$	7,994		$	27,294		$	3,773		$	3,656		$	42,717

Period-end amount allocated to:
Loans individually evaluated for impairment	$	3,996		$	2,325		$	—		$	—		$	6,321
Loans collectively evaluated for impairment	3,998			24,969			3,773			3,656			36,396
Balance, September 30, 2017 ⁽⁴⁾	$	7,994		$	27,294		$	3,773		$	3,656		$	42,717

Period-end amount allocated to:
Loans individually evaluated for impairment	$	—		$	338		$	—		$	—		$	338
Loans collectively evaluated for impairment	7,007			26,943			3,784			3,596			41,330
Balance, December 31, 2017⁽⁵⁾	$	7,007		$	27,281		$	3,784		$	3,596		$	41,668

______________________

(3) Provision for loan losses of $1,464,000 attributable to loans acquired was excluded from this table for the nine months ended September 30, 2017 (total provision for loan losses for the three and nine months ended September 30, 2017 was $5,462,000 and $16,792,000, respectively). There were $2.0 million in charge-offs for loans acquired during the nine months ended September 30, 2017, respectively, resulting in an ending balance in the allowance related to loans acquired of $391,000.

(4) Allowance for loan losses at September 30, 2017 and June 30, 2017 includes $391,000 allowance for loans acquired (not shown in the table above) and December 31, 2016 includes $954,000 allowance for loans acquired (not shown in the table above). The total allowance for loan losses at September 30, 2017, June 30, 2017 and December 31, 2016 was $43,108,000, $41,770,000 and $37,240,000, respectively.

(5) Allowance for loan losses at December 31, 2017 includes $418,000 allowance for loans acquired (not shown in the table above). The total allowance for loan losses at December 31, 2017 was $42,086,000.