Non-Covered Loans and Allowance for Non-Covered Loan Losses (Tables) (Non-covered loans)
|
9 Months Ended |
Sep. 30, 2014
|
Non-covered loans
|
|
Non-Covered Loans and Allowance for Non-Covered Loan Losses |
|
Summary of non-covered loans by portfolio segment |
Non-covered loans summarized by portfolio segment are as follows (in thousands).
|
|
September 30, |
|
December 31, |
|
|
|
2014 |
|
2013 |
|
Commercial and industrial |
|
$ |
1,677,389 |
|
$ |
1,637,266 |
|
Real estate |
|
1,606,718 |
|
1,457,253 |
|
Construction and land development |
|
429,216 |
|
364,551 |
|
Consumer |
|
55,520 |
|
55,576 |
|
|
|
3,768,843 |
|
3,514,646 |
|
Allowance for non-covered loan losses |
|
(39,027 |
) |
(33,241 |
) |
Total non-covered loans, net of allowance |
|
$ |
3,729,816 |
|
$ |
3,481,405 |
|
|
Schedule of carrying values and the outstanding balances of the PCI loans |
The following table presents the carrying values and the outstanding balances of the non-covered PCI loans (in thousands).
|
|
September 30, |
|
December 31, |
|
|
|
2014 |
|
2013 |
|
Carrying amount |
|
$ |
53,383 |
|
$ |
100,392 |
|
Outstanding balance |
|
73,787 |
|
141,983 |
|
|
|
|
|
|
|
|
|
|
Schedule of changes in the accretable yield for the PCI loans |
Changes in the accretable yield for the non-covered PCI loans were as follows (in thousands).
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
|
|
2014 |
|
2013 |
|
2014 |
|
2013 |
|
Balance, beginning of period |
|
$ |
11,904 |
|
$ |
20,118 |
|
$ |
17,601 |
|
$ |
17,553 |
|
Additions |
|
— |
|
1,923 |
|
— |
|
1,923 |
|
Increases in expected cash flows |
|
4,270 |
|
4,697 |
|
13,886 |
|
16,834 |
|
Disposals of loans |
|
(744 |
) |
(441 |
) |
(4,928 |
) |
(2,273 |
) |
Accretion |
|
(2,199 |
) |
(4,854 |
) |
(13,328 |
) |
(12,594 |
) |
Balance, end of period |
|
$ |
13,231 |
|
$ |
21,443 |
|
$ |
13,231 |
|
$ |
21,443 |
|
|
Summary of impaired loans by class |
Non-covered impaired loans are summarized by class in the following tables (in thousands).
|
|
Unpaid |
|
Recorded |
|
Recorded |
|
Total |
|
|
|
|
|
Contractual |
|
Investment with |
|
Investment with |
|
Recorded |
|
Related |
|
September 30, 2014 |
|
Principal Balance |
|
No Allowance |
|
Allowance |
|
Investment |
|
Allowance |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
50,070 |
|
$ |
12,966 |
|
$ |
12,253 |
|
$ |
25,219 |
|
$ |
3,406 |
|
Unsecured |
|
4,334 |
|
286 |
|
— |
|
286 |
|
— |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
30,202 |
|
4,490 |
|
18,537 |
|
23,027 |
|
1,659 |
|
Secured by residential properties |
|
4,893 |
|
1,932 |
|
1,192 |
|
3,124 |
|
59 |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
— |
|
— |
|
— |
|
— |
|
— |
|
Commercial construction loans and land development |
|
17,163 |
|
9,032 |
|
1,450 |
|
10,482 |
|
164 |
|
Consumer |
|
6,354 |
|
317 |
|
2,338 |
|
2,655 |
|
421 |
|
|
|
$ |
113,016 |
|
$ |
29,023 |
|
$ |
35,770 |
|
$ |
64,793 |
|
$ |
5,709 |
|
|
|
Unpaid |
|
Recorded |
|
Recorded |
|
Total |
|
|
|
|
|
Contractual |
|
Investment with |
|
Investment with |
|
Recorded |
|
Related |
|
December 31, 2013 |
|
Principal Balance |
|
No Allowance |
|
Allowance |
|
Investment |
|
Allowance |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
63,636 |
|
$ |
21,540 |
|
$ |
17,147 |
|
$ |
38,687 |
|
$ |
3,126 |
|
Unsecured |
|
11,865 |
|
336 |
|
1,204 |
|
1,540 |
|
15 |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
49,437 |
|
20,317 |
|
16,070 |
|
36,387 |
|
339 |
|
Secured by residential properties |
|
5,407 |
|
1,745 |
|
1,648 |
|
3,393 |
|
39 |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
33 |
|
— |
|
— |
|
— |
|
— |
|
Commercial construction loans and land development |
|
48,628 |
|
15,337 |
|
4,592 |
|
19,929 |
|
39 |
|
Consumer |
|
7,946 |
|
4,509 |
|
— |
|
4,509 |
|
— |
|
|
|
$ |
186,952 |
|
$ |
63,784 |
|
$ |
40,661 |
|
$ |
104,445 |
|
$ |
3,558 |
| |
Summary of average investment in impaired loans by class |
Average investment in non-covered impaired loans is summarized by class in the following table (in thousands).
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
|
|
2014 |
|
2013 |
|
2014 |
|
2013 |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
24,897 |
|
$ |
55,797 |
|
$ |
31,953 |
|
$ |
62,399 |
|
Unsecured |
|
395 |
|
1,826 |
|
913 |
|
2,548 |
|
Real estate: |
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
23,715 |
|
45,114 |
|
29,707 |
|
48,798 |
|
Secured by residential properties |
|
3,611 |
|
5,400 |
|
3,259 |
|
5,682 |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
— |
|
— |
|
— |
|
354 |
|
Commercial construction loans and land development |
|
10,674 |
|
25,916 |
|
15,206 |
|
28,502 |
|
Consumer |
|
2,872 |
|
4,715 |
|
3,582 |
|
4,720 |
|
|
|
$ |
66,164 |
|
$ |
138,768 |
|
$ |
84,620 |
|
$ |
153,003 |
|
|
Summary of non-accrual loans by class, excluding those classified as held for sale |
Non-covered non-accrual loans, excluding those classified as held for sale, are summarized by class in the following table (in thousands).
|
|
September 30, |
|
December 31, |
|
|
|
2014 |
|
2013 |
|
Commercial and industrial: |
|
|
|
|
|
Secured |
|
$ |
17,050 |
|
$ |
15,430 |
|
Unsecured |
|
286 |
|
1,300 |
|
Real estate: |
|
|
|
|
|
Secured by commercial properties |
|
464 |
|
2,638 |
|
Secured by residential properties |
|
1,269 |
|
398 |
|
Construction and land development: |
|
|
|
|
|
Residential construction loans |
|
— |
|
— |
|
Commercial construction loans and land development |
|
783 |
|
112 |
|
Consumer |
|
— |
|
— |
|
|
|
$ |
19,852 |
|
$ |
19,878 |
|
|
Schedule of information regarding TDRs granted |
Information regarding TDRs granted is shown in the following tables (in thousands).
|
|
Recorded Investment in Loans Modified by |
|
|
|
|
|
Interest Rate |
|
Payment Term |
|
Total |
|
Nine months ended September 30, 2014 |
|
A/B Note |
|
Adjustment |
|
Extension |
|
Modification |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
Unsecured |
|
— |
|
— |
|
— |
|
— |
|
Real estate: |
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
— |
|
— |
|
326 |
|
326 |
|
Secured by residential properties |
|
— |
|
— |
|
253 |
|
253 |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
— |
|
— |
|
— |
|
— |
|
Commercial construction loans and land development |
|
— |
|
— |
|
133 |
|
133 |
|
Consumer |
|
— |
|
— |
|
— |
|
— |
|
|
|
$ |
— |
|
$ |
— |
|
$ |
712 |
|
$ |
712 |
|
|
|
Recorded Investment in Loans Modified by |
|
|
|
|
|
Interest Rate |
|
Payment Term |
|
Total |
|
Three months ended September 30, 2013 |
|
A/B Note |
|
Adjustment |
|
Extension |
|
Modification |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
— |
|
$ |
— |
|
$ |
333 |
|
$ |
333 |
|
Unsecured |
|
— |
|
— |
|
— |
|
— |
|
Real estate: |
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
— |
|
— |
|
— |
|
— |
|
Secured by residential properties |
|
— |
|
— |
|
— |
|
— |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
— |
|
— |
|
— |
|
— |
|
Commercial construction loans and land development |
|
— |
|
— |
|
— |
|
— |
|
Consumer |
|
— |
|
— |
|
— |
|
— |
|
|
|
$ |
— |
|
$ |
— |
|
$ |
333 |
|
$ |
333 |
|
|
|
Recorded Investment in Loans Modified by |
|
|
|
|
|
Interest Rate |
|
Payment Term |
|
Total |
|
Nine months ended September 30, 2013 |
|
A/B Note |
|
Adjustment |
|
Extension |
|
Modification |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
— |
|
$ |
— |
|
$ |
9,764 |
|
$ |
9,764 |
|
Unsecured |
|
— |
|
— |
|
— |
|
— |
|
Real estate: |
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
— |
|
— |
|
276 |
|
276 |
|
Secured by residential properties |
|
— |
|
— |
|
905 |
|
905 |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
— |
|
— |
|
— |
|
— |
|
Commercial construction loans and land development |
|
— |
|
— |
|
500 |
|
500 |
|
Consumer |
|
— |
|
— |
|
— |
|
— |
|
|
|
$ |
— |
|
$ |
— |
|
$ |
11,445 |
|
$ |
11,445 |
| |
Schedule of analysis of the aging of the entity's loan portfolio |
An analysis of the aging of the Bank’s non-covered loan portfolio is shown in the following tables (in thousands).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accruing Loans |
|
|
|
Loans Past Due |
|
Loans Past Due |
|
Loans Past Due |
|
Total |
|
Current |
|
PCI |
|
Total |
|
Past Due |
|
September 30, 2014 |
|
30-59 Days |
|
60-89 Days |
|
90 Days or More |
|
Past Due Loans |
|
Loans |
|
Loans |
|
Loans |
|
90 Days or More |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
4,285 |
|
$ |
868 |
|
$ |
7,910 |
|
$ |
13,063 |
|
$ |
1,541,305 |
|
$ |
16,335 |
|
$ |
1,570,703 |
|
$ |
— |
|
Unsecured |
|
155 |
|
33 |
|
— |
|
188 |
|
106,316 |
|
182 |
|
106,686 |
|
— |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
289 |
|
— |
|
— |
|
289 |
|
1,101,362 |
|
22,563 |
|
1,124,214 |
|
— |
|
Secured by residential properties |
|
1,396 |
|
72 |
|
49 |
|
1,517 |
|
479,037 |
|
1,950 |
|
482,504 |
|
— |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
— |
|
— |
|
— |
|
— |
|
64,288 |
|
— |
|
64,288 |
|
— |
|
Commercial construction loans and land development |
|
49 |
|
— |
|
650 |
|
699 |
|
354,531 |
|
9,698 |
|
364,928 |
|
— |
|
Consumer |
|
206 |
|
40 |
|
— |
|
246 |
|
52,619 |
|
2,655 |
|
55,520 |
|
— |
|
|
|
$ |
6,380 |
|
$ |
1,013 |
|
$ |
8,609 |
|
$ |
16,002 |
|
$ |
3,699,458 |
|
$ |
53,383 |
|
$ |
3,768,843 |
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accruing Loans |
|
|
|
Loans Past Due |
|
Loans Past Due |
|
Loans Past Due |
|
Total |
|
Current |
|
PCI |
|
Total |
|
Past Due |
|
December 31, 2013 |
|
30-59 Days |
|
60-89 Days |
|
90 Days or More |
|
Past Due Loans |
|
Loans |
|
Loans |
|
Loans |
|
90 Days or More |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
2,171 |
|
$ |
277 |
|
$ |
1,354 |
|
$ |
3,802 |
|
$ |
1,492,793 |
|
$ |
35,372 |
|
$ |
1,531,967 |
|
$ |
272 |
|
Unsecured |
|
333 |
|
9 |
|
60 |
|
402 |
|
103,453 |
|
1,444 |
|
105,299 |
|
59 |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
192 |
|
— |
|
132 |
|
324 |
|
1,044,437 |
|
36,255 |
|
1,081,016 |
|
— |
|
Secured by residential properties |
|
1,045 |
|
36 |
|
203 |
|
1,284 |
|
371,958 |
|
2,995 |
|
376,237 |
|
203 |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
415 |
|
— |
|
— |
|
415 |
|
64,664 |
|
— |
|
65,079 |
|
— |
|
Commercial construction loans and land development |
|
41 |
|
881 |
|
112 |
|
1,034 |
|
278,621 |
|
19,817 |
|
299,472 |
|
— |
|
Consumer |
|
201 |
|
60 |
|
— |
|
261 |
|
50,806 |
|
4,509 |
|
55,576 |
|
— |
|
|
|
$ |
4,398 |
|
$ |
1,263 |
|
$ |
1,861 |
|
$ |
7,522 |
|
$ |
3,406,732 |
|
$ |
100,392 |
|
$ |
3,514,646 |
|
$ |
534 |
|
|
Schedule of internal risk grades of loans by class |
The following tables present the internal risk grades of non-covered loans, as previously described, in the portfolio by class (in thousands).
September 30, 2014 |
|
Pass |
|
Special Mention |
|
Substandard |
|
PCI |
|
Total |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
1,518,321 |
|
$ |
2,967 |
|
$ |
33,080 |
|
$ |
16,335 |
|
$ |
1,570,703 |
|
Unsecured |
|
106,400 |
|
— |
|
104 |
|
182 |
|
106,686 |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
1,097,637 |
|
717 |
|
3,297 |
|
22,563 |
|
1,124,214 |
|
Secured by residential properties |
|
475,967 |
|
— |
|
4,587 |
|
1,950 |
|
482,504 |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
64,288 |
|
— |
|
— |
|
— |
|
64,288 |
|
Commercial construction loans and land development |
|
353,782 |
|
— |
|
1,448 |
|
9,698 |
|
364,928 |
|
Consumer |
|
52,814 |
|
— |
|
51 |
|
2,655 |
|
55,520 |
|
|
|
$ |
3,669,209 |
|
$ |
3,684 |
|
$ |
42,567 |
|
$ |
53,383 |
|
$ |
3,768,843 |
|
December 31, 2013 |
|
Pass |
|
Special Mention |
|
Substandard |
|
PCI |
|
Total |
|
Commercial and industrial: |
|
|
|
|
|
|
|
|
|
|
|
Secured |
|
$ |
1,450,734 |
|
$ |
16,840 |
|
$ |
29,021 |
|
$ |
35,372 |
|
$ |
1,531,967 |
|
Unsecured |
|
103,674 |
|
12 |
|
169 |
|
1,444 |
|
105,299 |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
Secured by commercial properties |
|
1,038,930 |
|
4,436 |
|
1,395 |
|
36,255 |
|
1,081,016 |
|
Secured by residential properties |
|
367,758 |
|
— |
|
5,484 |
|
2,995 |
|
376,237 |
|
Construction and land development: |
|
|
|
|
|
|
|
|
|
|
|
Residential construction loans |
|
65,079 |
|
— |
|
— |
|
— |
|
65,079 |
|
Commercial construction loans and land development |
|
275,808 |
|
3,384 |
|
463 |
|
19,817 |
|
299,472 |
|
Consumer |
|
51,052 |
|
1 |
|
14 |
|
4,509 |
|
55,576 |
|
|
|
$ |
3,353,035 |
|
$ |
24,673 |
|
$ |
36,546 |
|
$ |
100,392 |
|
$ |
3,514,646 |
|
|
Schedule of changes in the allowance for loan losses by portfolio segment |
Changes in the allowance for non-covered loan losses, distributed by portfolio segment, are shown below (in thousands).
|
|
Commercial and |
|
|
|
Construction and |
|
|
|
|
|
Three months ended September 30, 2014 |
|
Industrial |
|
Real Estate |
|
Land Development |
|
Consumer |
|
Total |
|
Balance, beginning of period |
|
$ |
18,062 |
|
$ |
9,998 |
|
$ |
8,086 |
|
$ |
285 |
|
$ |
36,431 |
|
Provision charged to operations |
|
2,302 |
|
1,064 |
|
395 |
|
425 |
|
4,186 |
|
Loans charged off |
|
(1,976 |
) |
(28 |
) |
— |
|
(116 |
) |
(2,120 |
) |
Recoveries on charged off loans |
|
457 |
|
31 |
|
18 |
|
24 |
|
530 |
|
Balance, end of period |
|
$ |
18,845 |
|
$ |
11,065 |
|
$ |
8,499 |
|
$ |
618 |
|
$ |
39,027 |
|
|
|
Commercial and |
|
|
|
Construction and |
|
|
|
|
|
Nine months ended September 30, 2014 |
|
Industrial |
|
Real Estate |
|
Land Development |
|
Consumer |
|
Total |
|
Balance, beginning of period |
|
$ |
16,865 |
|
$ |
8,331 |
|
$ |
7,957 |
|
$ |
88 |
|
$ |
33,241 |
|
Provision charged to operations |
|
5,876 |
|
2,689 |
|
361 |
|
731 |
|
9,657 |
|
Loans charged off |
|
(5,707 |
) |
(100 |
) |
— |
|
(275 |
) |
(6,082 |
) |
Recoveries on charged off loans |
|
1,811 |
|
145 |
|
181 |
|
74 |
|
2,211 |
|
Balance, end of period |
|
$ |
18,845 |
|
$ |
11,065 |
|
$ |
8,499 |
|
$ |
618 |
|
$ |
39,027 |
|
|
|
Commercial and |
|
|
|
Construction and |
|
|
|
|
|
Three months ended September 30, 2013 |
|
Industrial |
|
Real Estate |
|
Land Development |
|
Consumer |
|
Total |
|
Balance, beginning of period |
|
$ |
13,806 |
|
$ |
5,339 |
|
$ |
7,050 |
|
$ |
42 |
|
$ |
26,237 |
|
Provision charged to operations |
|
8,879 |
|
1,776 |
|
6 |
|
(3 |
) |
10,658 |
|
Loans charged off |
|
(3,220 |
) |
(53 |
) |
(524 |
) |
(3 |
) |
(3,800 |
) |
Recoveries on charged off loans |
|
42 |
|
26 |
|
2 |
|
15 |
|
85 |
|
Balance, end of period |
|
$ |
19,507 |
|
$ |
7,088 |
|
$ |
6,534 |
|
$ |
51 |
|
$ |
33,180 |
|
|
|
Commercial and |
|
|
|
Construction and |
|
|
|
|
|
Nine months ended September 30, 2013 |
|
Industrial |
|
Real Estate |
|
Land Development |
|
Consumer |
|
Total |
|
Balance, beginning of period |
|
$ |
1,845 |
|
$ |
977 |
|
$ |
582 |
|
$ |
5 |
|
$ |
3,409 |
|
Provision charged to operations |
|
22,519 |
|
6,033 |
|
6,323 |
|
77 |
|
34,952 |
|
Loans charged off |
|
(7,314 |
) |
(149 |
) |
(524 |
) |
(74 |
) |
(8,061 |
) |
Recoveries on charged off loans |
|
2,457 |
|
227 |
|
153 |
|
43 |
|
2,880 |
|
Balance, end of period |
|
$ |
19,507 |
|
$ |
7,088 |
|
$ |
6,534 |
|
$ |
51 |
|
$ |
33,180 |
|
|
Schedule of loan portfolio distributed by portfolio segment and impairment methodology |
The non-covered loan portfolio was distributed by portfolio segment and impairment methodology as shown below (in thousands).
|
|
Commercial and |
|
|
|
Construction and |
|
|
|
|
|
September 30, 2014 |
|
Industrial |
|
Real Estate |
|
Land Development |
|
Consumer |
|
Total |
|
Loans individually evaluated for impairment |
|
$ |
8,354 |
|
$ |
1,450 |
|
$ |
783 |
|
$ |
— |
|
$ |
10,587 |
|
Loans collectively evaluated for impairment |
|
1,652,518 |
|
1,580,755 |
|
418,735 |
|
52,865 |
|
3,704,873 |
|
PCI Loans |
|
16,517 |
|
24,513 |
|
9,698 |
|
2,655 |
|
53,383 |
|
|
|
$ |
1,677,389 |
|
$ |
1,606,718 |
|
$ |
429,216 |
|
$ |
55,520 |
|
$ |
3,768,843 |
|
|
|
Commercial and |
|
|
|
Construction and |
|
|
|
|
|
December 31, 2013 |
|
Industrial |
|
Real Estate |
|
Land Development |
|
Consumer |
|
Total |
|
Loans individually evaluated for impairment |
|
$ |
2,273 |
|
$ |
373 |
|
$ |
112 |
|
$ |
— |
|
$ |
2,758 |
|
Loans collectively evaluated for impairment |
|
1,598,177 |
|
1,417,630 |
|
344,622 |
|
51,067 |
|
3,411,496 |
|
PCI Loans |
|
36,816 |
|
39,250 |
|
19,817 |
|
4,509 |
|
100,392 |
|
|
|
$ |
1,637,266 |
|
$ |
1,457,253 |
|
$ |
364,551 |
|
$ |
55,576 |
|
$ |
3,514,646 |
|
Schedule of allowance for loan losses distributed by portfolio segment and impairment methodology |
The allowance for non-covered loan losses was distributed by portfolio segment and impairment methodology as shown below (in thousands).
|
|
Commercial and |
|
|
|
Construction and |
|
|
|
|
|
September 30, 2014 |
|
Industrial |
|
Real Estate |
|
Land Development |
|
Consumer |
|
Total |
|
Loans individually evaluated for impairment |
|
$ |
421 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
421 |
|
Loans collectively evaluated for impairment |
|
15,439 |
|
9,347 |
|
8,335 |
|
197 |
|
33,318 |
|
PCI Loans |
|
2,985 |
|
1,718 |
|
164 |
|
421 |
|
5,288 |
|
|
|
$ |
18,845 |
|
$ |
11,065 |
|
$ |
8,499 |
|
$ |
618 |
|
$ |
39,027 |
|
|
|
Commercial and |
|
|
|
Construction and |
|
|
|
|
|
December 31, 2013 |
|
Industrial |
|
Real Estate |
|
Land Development |
|
Consumer |
|
Total |
|
Loans individually evaluated for impairment |
|
$ |
421 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
421 |
|
Loans collectively evaluated for impairment |
|
13,724 |
|
7,953 |
|
7,918 |
|
88 |
|
29,683 |
|
PCI Loans |
|
2,720 |
|
378 |
|
39 |
|
— |
|
3,137 |
|
|
|
$ |
16,865 |
|
$ |
8,331 |
|
$ |
7,957 |
|
$ |
88 |
|
$ |
33,241 |
|