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Loans (Tables)
 3 Months Ended
Mar. 31, 2018
Loans [Abstract]  
Summary of Major Classification of Loans Net of Unearned Income, Deferred Loan Origination Costs and Net Premiums on Acquired Loans
Major classifications of loans, net of unearned income, deferred loan origination costs, and net premiums on acquired loans, are summarized as follows:

 
(in thousands)
 
March 31
2018
  
December 31
2017
 
Commercial construction
 
$
78,647
  
$
76,479
 
Commercial secured by real estate
  
1,191,628
   
1,188,680
 
Equipment lease financing
  
2,683
   
3,042
 
Commercial other
  
338,635
   
351,034
 
Real estate construction
  
63,893
   
67,358
 
Real estate mortgage
  
718,758
   
709,570
 
Home equity
  
99,593
   
99,356
 
Consumer direct
  
136,576
   
137,754
 
Consumer indirect
  
487,828
   
489,667
 
Total loans
 
$
3,118,241
  
$
3,122,940
 
Nonaccrual Loans Segregated by Class of Loans
Nonaccrual loans segregated by class of loans were as follows:

 (in thousands)
 
March 31
2018
  
December 31
2017
 
Commercial:
      
Commercial construction
 
$
642
  
$
1,207
 
Commercial secured by real estate
  
6,791
   
7,028
 
Commercial other
  
785
   
934
 
         
Residential:
        
Real estate construction
  
36
   
318
 
Real estate mortgage
  
8,268
   
8,243
 
Home equity
  
401
   
389
 
Total nonaccrual loans
 
$
16,923
  
$
18,119
 
Bank's Loan Portfolio Aging Analysis, Segregated by Class
The following tables present CTBI’s loan portfolio aging analysis, segregated by class, as of March 31, 2018 and December 31, 2017:

  
March 31, 2018
 
(in thousands)
 
30-59 Days Past Due
  
60-89 Days Past Due
  
90+ Days Past Due
  
Total Past Due
  
Current
  
Total Loans
  
90+ and Accruing*
 
Commercial:
                     
Commercial construction
 
$
15
  
$
111
  
$
642
  
$
768
  
$
77,879
  
$
78,647
  
$
0
 
Commercial secured by real estate
  
4,380
   
2,276
   
10,514
   
17,170
   
1,174,458
   
1,191,628
   
4,694
 
Equipment lease financing
  
0
   
0
   
0
   
0
   
2,683
   
2,683
   
0
 
Commercial other
  
910
   
139
   
539
   
1,588
   
337,047
   
338,635
   
61
 
Residential:
                            
Real estate construction
  
426
   
57
   
111
   
594
   
63,299
   
63,893
   
88
 
Real estate mortgage
  
1,504
   
3,791
   
8,636
   
13,931
   
704,827
   
718,758
   
3,472
 
Home equity
  
643
   
133
   
344
   
1,120
   
98,473
   
99,593
   
227
 
Consumer:
                            
Consumer direct
  
833
   
232
   
18
   
1,083
   
135,493
   
136,576
   
18
 
Consumer indirect
  
2,356
   
809
   
467
   
3,632
   
484,196
   
487,828
   
467
 
Total
 
$
11,067
  
$
7,548
  
$
21,271
  
$
39,886
  
$
3,078,355
  
$
3,118,241
  
$
9,027
 

  
December 31, 2017
 
(in thousands)
 
30-59 Days Past Due
  
60-89 Days Past Due
  
90+ Days Past Due
  
Total Past Due
  
Current
  
Total Loans
  
90+ and Accruing*
 
Commercial:
                     
Commercial construction
 
$
138
  
$
0
  
$
1,238
  
$
1,376
  
$
75,103
  
$
76,479
  
$
31
 
Commercial secured by real estate
  
4,047
   
1,599
   
8,514
   
14,160
   
1,174,520
   
1,188,680
   
2,665
 
Equipment lease financing
  
430
   
0
   
0
   
430
   
2,612
   
3,042
   
0
 
Commercial other
  
835
   
77
   
652
   
1,564
   
349,470
   
351,034
   
87
 
Residential:
                            
Real estate construction
  
224
   
202
   
223
   
649
   
66,709
   
67,358
   
223
 
Real estate mortgage
  
2,064
   
5,029
   
11,605
   
18,698
   
690,872
   
709,570
   
6,293
 
Home equity
  
595
   
178
   
428
   
1,201
   
98,155
   
99,356
   
167
 
Consumer:
                            
Consumer direct
  
983
   
148
   
62
   
1,193
   
136,561
   
137,754
   
62
 
Consumer indirect
  
4,085
   
1,399
   
648
   
6,132
   
483,535
   
489,667
   
648
 
Total
 
$
13,401
  
$
8,632
  
$
23,370
  
$
45,403
  
$
3,077,537
  
$
3,122,940
  
$
10,176
 

*90+ and Accruing are also included in 90+ Days Past Due column.
Credit Risk Profile of the Bank's Commercial Loan Portfolio Based on Rating Category and Payment Activity, Segregated by Class of Loans
The following tables present the credit risk profile of CTBI’s commercial loan portfolio based on rating category and payment activity, segregated by class of loans, as of March 31, 2018 and December 31, 2017:

 (in thousands)
 
Commercial Construction
  
Commercial Secured by Real Estate
  
Equipment Leases
  
Commercial Other
  
Total
 
March 31, 2018
               
Pass
 
$
70,672
  
$
1,048,623
  
$
2,683
  
$
290,608
  
$
1,412,586
 
Watch
  
3,329
   
75,602
   
0
   
31,867
   
110,798
 
OAEM
  
1,060
   
22,082
   
0
   
4,154
   
27,296
 
Substandard
  
3,586
   
45,149
   
0
   
11,794
   
60,529
 
Doubtful
  
0
   
172
   
0
   
212
   
384
 
Total
 
$
78,647
  
$
1,191,628
  
$
2,683
  
$
338,635
  
$
1,611,593
 
                     
December 31, 2017
                    
Pass
 
$
67,846
  
$
1,053,701
  
$
3,005
  
$
305,655
  
$
1,430,207
 
Watch
  
3,323
   
65,182
   
0
   
29,008
   
97,513
 
OAEM
  
1,304
   
22,401
   
37
   
3,206
   
26,948
 
Substandard
  
3,828
   
47,223
   
0
   
12,947
   
63,998
 
Doubtful
  
178
   
173
   
0
   
218
   
569
 
Total
 
$
76,479
  
$
1,188,680
  
$
3,042
  
$
351,034
  
$
1,619,235
 
Credit Risk Profile of Residential Real Estate and Consumer Loan Portfolio Based on Performing and Nonperforming Status Segregated by Class
The following tables present the credit risk profile of CTBI’s residential real estate and consumer loan portfolios based on performing or nonperforming status, segregated by class, as of March 31, 2018 and December 31, 2017:

(in thousands)
 
Real Estate Construction
  
Real Estate Mortgage
  
Home Equity
  
Consumer Direct
  
Consumer
Indirect
  
Total
 
March 31, 2018
                  
Performing
 
$
63,769
  
$
707,018
  
$
98,965
  
$
136,558
  
$
487,361
  
$
1,493,671
 
Nonperforming (1)
  
124
   
11,740
   
628
   
18
   
467
   
12,977
 
Total
 
$
63,893
  
$
718,758
  
$
99,593
  
$
136,576
  
$
487,828
  
$
1,506,648
 
                         
December 31, 2017
                        
Performing
 
$
66,817
  
$
695,034
  
$
98,800
  
$
137,692
  
$
489,019
  
$
1,487,362
 
Nonperforming (1)
  
541
   
14,536
   
556
   
62
   
648
   
16,343
 
Total
 
$
67,358
  
$
709,570
  
$
99,356
  
$
137,754
  
$
489,667
  
$
1,503,705
 

(1)  A loan is considered nonperforming if it is 90 days or more past due and/or on nonaccrual.
Impaired Loans, Average Investment in Impaired Loans, and Interest Income Recognized on Impaired Loans
The following table presents impaired loans, the average investment in impaired loans, and interest income recognized on impaired loans for the periods ended March 31, 2018, December 31, 2017, and March 31, 2017:

  
March 31, 2018
 
(in thousands)
 
Recorded Balance
  
Unpaid Contractual Principal Balance
  
Specific Allowance
  
Average Investment in Impaired Loans
  
*Interest Income Recognized
 
Loans without a specific valuation allowance:
               
Commercial construction
 
$
4,009
  
$
4,009
  
$
0
  
$
4,168
  
$
37
 
Commercial secured by real estate
  
31,284
   
33,377
   
0
   
31,566
   
352
 
Commercial other
  
9,183
   
10,913
   
0
   
9,332
   
152
 
Real estate construction
  
318
   
318
   
0
   
318
   
0
 
Real estate mortgage
  
1,286
   
1,294
   
0
   
1,284
   
0
 
                     
Loans with a specific valuation allowance:
                    
Commercial secured by real estate
  
2,105
   
3,221
   
739
   
2,132
   
0
 
                     
Totals:
                    
Commercial construction
  
4,009
   
4,009
   
0
   
4,168
   
37
 
Commercial secured by real estate
  
33,389
   
36,598
   
739
   
33,698
   
352
 
Commercial other
  
9,183
   
10,913
   
0
   
9,332
   
152
 
Real estate construction
  
318
   
318
   
0
   
318
   
0
 
Real estate mortgage
  
1,286
   
1,294
   
0
   
1,284
   
0
 
Total
 
$
48,185
  
$
53,132
  
$
739
  
$
48,800
  
$
541
 

  
December 31, 2017
 
(in thousands)
 
Recorded Balance
  
Unpaid Contractual Principal Balance
  
Specific Allowance
  
Average Investment in Impaired Loans
  
*Interest Income Recognized
 
Loans without a specific valuation allowance:
               
Commercial construction
 
$
4,431
  
$
4,439
  
$
0
  
$
4,835
  
$
200
 
Commercial secured by real estate
  
28,480
   
30,365
   
0
   
27,753
   
1,344
 
Equipment lease financing
  
0
   
0
   
0
   
34
   
0
 
Commercial other
  
9,481
   
11,252
   
0
   
10,444
   
539
 
Real estate construction
  
318
   
318
   
0
   
534
   
0
 
Real estate mortgage
  
1,564
   
1,570
   
0
   
1,591
   
36
 
                     
Loans with a specific valuation allowance:
                    
Commercial construction
  
153
   
173
   
25
   
155
   
0
 
Commercial secured by real estate
  
2,985
   
4,095
   
966
   
3,932
   
8
 
Commercial other
  
0
   
0
   
0
   
65
   
0
 
                     
Totals:
                    
Commercial construction
  
4,584
   
4,612
   
25
   
4,990
   
200
 
Commercial secured by real estate
  
31,465
   
34,460
   
966
   
31,685
   
1,352
 
Equipment lease financing
  
0
   
0
   
0
   
34
   
0
 
Commercial other
  
9,481
   
11,252
   
0
   
10,509
   
539
 
Real estate construction
  
318
   
318
   
0
   
534
   
0
 
Real estate mortgage
  
1,564
   
1,570
   
0
   
1,591
   
36
 
Total
 
$
47,412
  
$
52,212
  
$
991
  
$
49,343
  
$
2,127
 

  
March 31, 2017
 
(in thousands)
 
Recorded Balance
  
Unpaid Contractual Principal Balance
  
Specific Allowance
  
Average Investment in Impaired Loans
  
*Interest Income Recognized
 
Loans without a specific valuation allowance:
               
Commercial construction
 
$
4,966
  
$
4,968
  
$
0
  
$
5,161
  
$
37
 
Commercial secured by real estate
  
28,493
   
28,956
   
0
   
28,645
   
361
 
Commercial other
  
10,927
   
12,847
   
0
   
11,079
   
140
 
Real estate mortgage
  
1,802
   
1,802
   
0
   
1,804
   
11
 
                     
Loans with a specific valuation allowance:
                    
Commercial construction
  
153
   
174
   
25
   
161
   
0
 
Commercial secured by real estate
  
3,959
   
5,051
   
927
   
3,978
   
0
 
Commercial other
  
0
   
0
   
0
   
0
   
0
 
                     
Totals:
                    
Commercial construction
  
5,119
   
5,142
   
25
   
5,322
   
37
 
Commercial secured by real estate
  
32,452
   
34,007
   
927
   
32,623
   
361
 
Commercial other
  
10,927
   
12,847
   
0
   
11,079
   
140
 
Real estate mortgage
  
1,802
   
1,802
   
0
   
1,804
   
11
 
Total
 
$
50,300
  
$
53,798
  
$
952
  
$
50,828
  
$
549
 

*Cash basis interest is substantially the same as interest income recognized.
Troubled Debt Restructuring
Presented below, segregated by class of loans, are troubled debt restructurings that occurred during the three months ended March 31, 2018 and 2017 and the year ended December 31, 2017:

  
Three Months Ended
March 31, 2018
 
(in thousands)
 
Number of Loans
  
Term Modification
  
Rate Modification
  
Combination
  
Post-Modification Outstanding Balance
 
Commercial:
               
Commercial construction
  
2
  
$
32
  
$
0
  
$
15
  
$
47
 
Commercial secured by real estate
  
9
   
786
   
0
   
983
   
1,769
 
Commercial other
  
5
   
182
   
0
   
0
   
182
 
Total troubled debt restructurings
  
16
  
$
1,000
  
$
0
  
$
998
  
$
1,998
 

  
Year Ended
December 31, 2017
 
(in thousands)
 
Number of Loans
  
Term Modification
  
Rate Modification
  
Combination
  
Post-Modification Outstanding Balance
 
Commercial:
               
Commercial construction
  
2
  
$
0
  
$
0
  
$
114
  
$
114
 
Commercial secured by real estate
  
15
   
2,199
   
0
   
192
   
2,391
 
Commercial other
  
22
   
1,072
   
0
   
136
   
1,208
 
Residential:
                    
Real estate construction
  
1
   
846
   
0
   
0
   
846
 
Real estate mortgage
  
3
   
988
   
0
   
0
   
988
 
Total troubled debt restructurings
  
43
  
$
5,105
  
$
0
  
$
442
  
$
5,547
 

  
Three Months Ended
March 31, 2017
 
(in thousands)
 
Number of Loans
  
Term Modification
  
Rate Modification
  
Combination
  
Post-Modification Outstanding Balance
 
Commercial:
               
Commercial secured by real estate
  
1
  
$
49
  
$
0
  
$
0
  
$
49
 
Commercial other
  
2
   
53
   
0
   
0
   
53
 
Residential:
                    
Real estate mortgage
  
1
   
323
   
0
   
0
   
323
 
Total troubled debt restructurings
  
4
  
$
425
  
$
0
  
$
0
  
$
425