LOANS (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Accounts Notes Loans and Financial Receivables

Loans are stated at unpaid balances, net of unearned income and deferred loan fees. Balances within the major loans receivable categories are presented in the following table, excluding purchased loans:



(dollars in thousands)	June 30, 2018		December 31, 2017
Commercial, financial and agricultural	$	1,446,857	$	1,362,508
Real estate – construction and development	672,155		624,595
Real estate – commercial and farmland	1,640,411		1,535,439
Real estate – residential	1,245,370		1,009,461
Consumer installment	375,722		324,511
	$	5,380,515	$	4,856,514

Summary of Purchased Loans And Major Loan Categories

Purchased loans are shown below according to major loan type as of the end of the periods shown:



(dollars in thousands)	June 30, 2018		December 31, 2017
Commercial, financial and agricultural	$	397,517	$	74,378
Real estate – construction and development	268,443		65,513
Real estate – commercial and farmland	1,428,490		468,246
Real estate – residential	679,205		250,539
Consumer installment	38,855		2,919
	$	2,812,510	$	861,595

Rollforward of Acquired Loans

A rollforward of purchased loans for the six months ended June 30, 2018 and 2017 is shown below:



(dollars in thousands)	June 30, 2018			June 30, 2017
Balance, January 1	$	861,595		$	1,069,191
Charge-offs, net of recoveries	(1,060		)	(1,860		)
Additions due to acquisitions	2,056,918			—
Accretion	4,340			6,165
Transfers to purchased other real estate owned	(556		)	(3,281		)
Payments received	(108,727		)	(119,716		)
Ending balance	$	2,812,510		$	950,499

Schedule of Changes in Accretable Discounts Related Acquired Loans

The following is a summary of changes in the accretable discounts of purchased loans during the six months ended June 30, 2018 and 2017:



(dollars in thousands)	June 30, 2018			June 30, 2017
Balance, January 1	$	20,192		$	30,624
Additions due to acquisitions	29,318			—
Accretion	(4,340		)	(6,165		)
Accretable discounts removed due to charge-offs	(4		)	(13		)
Transfers between non-accretable and accretable discounts, net	1,332			807
Ending balance	$	46,498		$	25,253

Summary of Financial Receivable Nonaccrual Basis

The following table presents an analysis of purchased loans accounted for on a nonaccrual basis:



(dollars in thousands)	June 30, 2018		December 31, 2017
Commercial, financial and agricultural	$	1,602	$	813
Real estate – construction and development	9,541		3,139
Real estate – commercial and farmland	8,324		5,685
Real estate – residential	13,906		5,743
Consumer installment	184		48
	$	33,557	$	15,428

The following table presents an analysis of loans accounted for on a nonaccrual basis, excluding purchased loans:



(dollars in thousands)	June 30, 2018		December 31, 2017
Commercial, financial and agricultural	$	1,741	$	1,306
Real estate – construction and development	648		554
Real estate – commercial and farmland	4,282		2,665
Real estate – residential	9,629		9,194
Consumer installment	513		483
	$	16,813	$	14,202

Summary of Past Due Financial Receivables

The following table presents an analysis of past-due loans, excluding purchased past-due loans as of June 30, 2018 and December 31, 2017:



(dollars in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 or More Days Past Due		Total Loans Past Due		Current Loans		Total Loans		Loans 90 Days or More Past Due and Still Accruing
June 30, 2018
Commercial, financial and agricultural	$	4,981	$	6,251	$	8,500	$	19,732	$	1,427,125	$	1,446,857	$	7,279
Real estate – construction and development	757		434		359		1,550		670,605		672,155		—
Real estate – commercial and farmland	1,914		596		3,662		6,172		1,634,239		1,640,411		—
Real estate – residential	4,669		4,457		7,909		17,035		1,228,335		1,245,370		—
Consumer installment	1,436		662		482		2,580		373,142		375,722		142
Total	$	13,757	$	12,400	$	20,912	$	47,069	$	5,333,446	$	5,380,515	$	7,421

December 31, 2017
Commercial, financial and agricultural	$	8,124	$	3,285	$	6,978	$	18,387	$	1,344,121	$	1,362,508	$	5,991
Real estate – construction and development	810		23		288		1,121		623,474		624,595		—
Real estate – commercial and farmland	869		787		1,940		3,596		1,531,843		1,535,439		—
Real estate – residential	8,772		2,941		7,041		18,754		990,707		1,009,461		—
Consumer installment	1,556		472		329		2,357		322,154		324,511		—
Total	$	20,131	$	7,508	$	16,576	$	44,215	$	4,812,299	$	4,856,514	$	5,991

The following table presents an analysis of purchased past-due loans as of June 30, 2018 and December 31, 2017:



(dollars in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 or More Days Past Due		Total Loans Past Due		Current Loans		Total Loans		Loans 90 Days or More Past Due and Still Accruing
June 30, 2018
Commercial, financial and agricultural	$	371	$	65	$	1,157	$	1,593	$	395,924	$	397,517	$	—
Real estate – construction and development	1,155		469		7,512		9,136		259,307		268,443		—
Real estate – commercial and farmland	2,736		88		2,014		4,838		1,423,652		1,428,490		—
Real estate – residential	9,609		2,640		8,682		20,931		658,274		679,205		—
Consumer installment	1,091		26		127		1,244		37,611		38,855		—
Total	$	14,962	$	3,288	$	19,492	$	37,742	$	2,774,768	$	2,812,510	$	—

December 31, 2017
Commercial, financial and agricultural	$	—	$	33	$	760	$	793	$	73,585	$	74,378	$	—
Real estate – construction and development	87		31		2,517		2,635		62,878		65,513		—
Real estate – commercial and farmland	1,190		701		2,724		4,615		463,631		468,246		—
Real estate – residential	2,722		1,585		2,320		6,627		243,912		250,539		—
Consumer installment	57		4		43		104		2,815		2,919		—
Total	$	4,056	$	2,354	$	8,364	$	14,774	$	846,821	$	861,595	$	—

Summary of Impaired Financial Receivables

The following is a summary of information pertaining to purchased impaired loans:



	As of and for the Period Ended
(dollars in thousands)	June 30, 2018		December 31, 2017		June 30, 2017
Nonaccrual loans	$	33,557	$	15,428	$	17,357
Troubled debt restructurings not included above	20,607		20,472		21,020
Total impaired loans	$	54,164	$	35,900	$	38,377

Quarter-to-date interest income recognized on impaired loans	$	280	$	379	$	374
Year-to-date interest income recognized on impaired loans	$	976	$	1,625	$	753
Quarter-to-date foregone interest income on impaired loans	$	280	$	281	$	265
Year-to-date foregone interest income on impaired loans	$	525	$	1,239	$	601

The following table presents an analysis of information pertaining to purchased impaired loans as of June 30, 2018, December 31, 2017 and June 30, 2017:



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Six Month Average Recorded Investment
June 30, 2018
Commercial, financial and agricultural	$	5,945	$	1,522	$	80	$	1,602	$	1	$	582	$	659
Real estate – construction and development	16,715		7,210		3,359		10,569		521		4,962		4,693
Real estate – commercial and farmland	17,039		4,298		10,705		15,003		1,088		11,161		11,573
Real estate – residential	29,145		12,017		14,789		26,806		728		21,196		20,292
Consumer installment	232		184		—		184		—		62		57
Total	$	69,076	$	25,231	$	28,933	$	54,164	$	2,338	$	37,963	$	37,274



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Twelve Month Average Recorded Investment
December 31, 2017
Commercial, financial and agricultural	$	4,170	$	70	$	744	$	814	$	400	$	1,450	$	827
Real estate – construction and development	9,060		282		3,875		4,157		1,114		4,218		3,877
Real estate – commercial and farmland	14,596		1,224		11,173		12,397		906		12,840		15,329
Real estate – residential	20,867		6,574		11,910		18,484		821		19,002		20,743
Consumer installment	57		48		—		48		—		68		41
Total	$	48,750	$	8,198	$	27,702	$	35,900	$	3,241	$	37,578	$	40,817



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Six Month Average Recorded Investment
June 30, 2017
Commercial, financial and agricultural	$	1,679	$	163	$	6	$	169	$	—	$	273	$	412
Real estate – construction and development	8,296		524		2,967		3,491		257		3,491		3,650
Real estate – commercial and farmland	16,987		2,418		11,616		14,034		771		16,167		16,989
Real estate – residential	24,219		7,647		13,009		20,656		763		21,262		21,904
Consumer installment	36		27		—		27		—		24		24
Total	$	51,217	$	10,779	$	27,598	$	38,377	$	1,791	$	41,217	$	42,979

The following is a summary of information pertaining to impaired loans, excluding purchased loans:



	As of and for the Period Ended
(dollars in thousands)	June 30, 2018		December 31, 2017		June 30, 2017
Nonaccrual loans	$	16,813	$	14,202	$	17,083
Troubled debt restructurings not included above	11,023		13,599		12,169
Total impaired loans	$	27,836	$	27,801	$	29,252

Quarter-to-date interest income recognized on impaired loans	$	185	$	1,010	$	320
Year-to-date interest income recognized on impaired loans	$	424	$	1,867	$	560
Quarter-to-date foregone interest income on impaired loans	$	221	$	197	$	247
Year-to-date foregone interest income on impaired loans	$	411	$	950	$	521

The following table presents an analysis of information pertaining to impaired loans, excluding purchased loans as of June 30, 2018, December 31, 2017 and June 30, 2017:



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Six Month Average Recorded Investment
June 30, 2018
Commercial, financial and agricultural	$	2,297	$	1,210	$	568	$	1,778	$	87	$	1,683	$	1,571
Real estate – construction and development	850		679		119		798		1		746		821
Real estate – commercial and farmland	10,168		665		8,149		8,814		1,526		8,488		8,107
Real estate – residential	16,340		5,088		10,840		15,928		1,056		15,158		15,236
Consumer installment	548		518		—		518		—		507		500
Total	$	30,203	$	8,160	$	19,676	$	27,836	$	2,670	$	26,582	$	26,235



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Twelve Month Average Recorded Investment
December 31, 2017
Commercial, financial and agricultural	$	1,453	$	734	$	613	$	1,347	$	145	$	1,900	$	2,173
Real estate – construction and development	1,467		471		500		971		48		1,065		1,122
Real estate – commercial and farmland	10,646		729		8,873		9,602		1,047		8,910		11,053
Real estate – residential	17,416		4,828		10,565		15,393		1,005		14,294		14,930
Consumer installment	523		488		—		488		—		493		541
Total	$	31,505	$	7,250	$	20,551	$	27,801	$	2,245	$	26,662	$	29,819



(dollars in thousands)	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Three Month Average Recorded Investment		Six Month Average Recorded Investment
June 30, 2017
Commercial, financial and agricultural	$	4,166	$	596	$	1,907	$	2,503	$	704	$	3,113	$	2,695
Real estate – construction and development	1,733		119		1,080		1,199		179		1,123		1,160
Real estate – commercial and farmland	11,885		5,940		4,923		10,863		1,436		11,156		11,730
Real estate – residential	13,569		2,154		12,017		14,171		1,994		15,946		16,186
Consumer installment	583		—		516		516		5		553		572
Total	$	31,936	$	8,809	$	20,443	$	29,252	$	4,318	$	31,891	$	32,343

Summary of Credit Quality Indicate Financial Receivable

The following table presents the purchased loan portfolio by risk grade as of June 30, 2018 and December 31, 2017 (in thousands):



Risk Grade	Commercial, Financial and Agricultural		Real Estate - Construction and Development		Real Estate - Commercial and Farmland		Real Estate - Residential		Consumer Installment		Total
June 30, 2018
1	$	54,608	$	—	$	—	$	—	$	575	$	55,183
2	36,766		—		7,494		95,222		201		139,683
3	54,774		21,334		302,001		69,889		1,319		449,317
4	193,836		224,596		993,807		459,944		35,960		1,908,143
5	39,040		5,990		69,624		20,627		—		135,281
6	14,246		5,261		18,401		7,132		55		45,095
7	4,247		11,262		37,163		26,391		745		79,808
8	—		—		—		—		—		—
9	—		—		—		—		—		—
Total	$	397,517	$	268,443	$	1,428,490	$	679,205	$	38,855	$	2,812,510

December 31, 2017
1	$	3,358	$	—	$	—	$	—	$	606	$	3,964
2	4,541		—		5,047		91,270		240		101,098
3	8,517		13,014		186,187		50,988		1,166		259,872
4	43,085		39,877		230,570		70,837		711		385,080
5	—		2,306		6,081		11,349		—		19,736
6	13,718		4,076		13,637		5,637		53		37,121
7	1,159		6,240		26,724		20,458		143		54,724
8	—		—		—		—		—		—
9	—		—		—		—		—		—
Total	$	74,378	$	65,513	$	468,246	$	250,539	$	2,919	$	861,595

The following table presents the loan portfolio, excluding purchased loans, by risk grade as of June 30, 2018 and December 31, 2017 (in thousands):



Risk Grade	Commercial, Financial and Agricultural		Real Estate - Construction and Development		Real Estate - Commercial and Farmland		Real Estate - Residential		Consumer Installment		Total
June 30, 2018
1	$	530,629	$	—	$	5,231	$	17	$	10,025	$	545,902
2	562,728		931		51,713		45,015		108		660,495
3	168,418		57,107		885,659		1,076,090		24,429		2,211,703
4	141,404		601,601		642,917		94,518		340,444		1,820,884
5	22,144		5,265		16,819		7,840		1		52,069
6	6,189		4,381		22,530		4,936		114		38,150
7	15,338		2,870		15,542		16,954		601		51,305
8	7		—		—		—		—		7
9	—		—		—		—		—		—
Total	$	1,446,857	$	672,155	$	1,640,411	$	1,245,370	$	375,722	$	5,380,515

December 31, 2017
1	$	539,899	$	—	$	5,790	$	47	$	9,243	$	554,979
2	568,557		1,005		68,507		49,742		670		688,481
3	125,740		59,318		966,391		843,178		39,352		2,033,979
4	117,358		552,918		454,506		88,537		274,462		1,487,781
5	330		4,474		6,408		5,781		3		16,996
6	5,236		4,207		15,108		5,339		185		30,075
7	5,381		2,673		18,729		16,837		596		44,216
8	7		—		—		—		—		7
9	—		—		—		—		—		—
Total	$	1,362,508	$	624,595	$	1,535,439	$	1,009,461	$	324,511	$	4,856,514

Summary of Troubled Debt Restructurings by Loan Class

The following table presents the purchased loans by class modified as troubled debt restructurings, which occurred during the six months ended June 30, 2018 and 2017:



	June 30, 2018			June 30, 2017
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	6	1	$	6
Real estate – construction and development	—	—		—	—
Real estate – commercial and farmland	—	—		4	1,323
Real estate – residential	11	985		4	578
Consumer installment	—	—		—	—
Total	12	$	991	9	$	1,907

The following table presents the loans by class modified as troubled debt restructurings, excluding purchased loans, which occurred during the six months ended June 30, 2018 and 2017:



	June 30, 2018			June 30, 2017
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	6	$	238	—	$	—
Real estate – construction and development	1	3		—	—
Real estate – commercial and farmland	1	302		4	1,062
Real estate – residential	8	1,189		1	77
Consumer installment	6	38		6	31
Total	22	$	1,770	11	$	1,170

Troubled Debt Restructurings on Financing Receivable Payment Default

The following table presents for loans, excluding purchased loans, the troubled debt restructurings by class that defaulted (defined as 30 days past due) during the six months ended June 30, 2018 and 2017:



	June 30, 2018			June 30, 2017
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	—	$	—	2	$	49
Real estate – construction and development	—	—		—	—
Real estate – commercial and farmland	4	11		4	362
Real estate – residential	18	1,081		9	554
Consumer installment	—	—		7	27
Total	22	$	1,092	22	$	992

The following table presents purchased loan troubled debt restructurings by class that defaulted (defined as 30 days past due) during the six months ended June 30, 2018 and 2017:



	June 30, 2018			June 30, 2017
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	—	$	—	1	$	6
Real estate – construction and development	—	—		—	—
Real estate – commercial and farmland	—	—		1	226
Real estate – residential	21	1,580		4	138
Consumer installment	—	—		1	3
Total	21	$	1,580	7	$	373

Summary of Troubled Debt Restructuring by Loan Class, Classified Separately under Restructured Terms

The following table presents the amount of troubled debt restructurings by loan class, excluding purchased loans, classified separately as accrual and nonaccrual at June 30, 2018 and December 31, 2017:



June 30, 2018	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	4	$	38	14	$	330
Real estate – construction and development	4	150		3	30
Real estate – commercial and farmland	16	4,531		5	196
Real estate – residential	77	6,299		16	709
Consumer installment	3	5		31	102
Total	104	$	11,023	69	$	1,367



December 31, 2017	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	4	$	41	12	$	120
Real estate – construction and development	6	417		2	34
Real estate – commercial and farmland	17	6,937		5	204
Real estate – residential	74	6,199		18	1,508
Consumer installment	4	5		33	98
Total	105	$	13,599	70	$	1,964

The following table presents the amount of troubled debt restructurings by loan class of purchased loans, classified separately as accrual and nonaccrual at June 30, 2018 and December 31, 2017.



June 30, 2018	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	—	$	—	4	$	21
Real estate – construction and development	4	1,028		6	308
Real estate – commercial and farmland	14	6,679		8	2,161
Real estate – residential	122	12,900		20	1,241
Consumer installment	—	—		2	3
Total	140	$	20,607	40	$	3,734



December 31, 2017	Accruing Loans			Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	—	$	—	3	$	16
Real estate – construction and development	3	1,018		6	340
Real estate – commercial and farmland	14	6,713		10	2,582
Real estate – residential	117	12,741		25	1,462
Consumer installment	—	—		2	5
Total	134	$	20,472	46	$	4,405

Schedule of Allowances for Loan Losses by Portfolio Segment

The following tables detail activity in the allowance for loan losses by portfolio segment for the three and six-month period ended June 30, 2018, the year ended December 31, 2017 and the three and six-month period ended June 30, 2017. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.



(dollars in thousands)	Commercial, Financial and Agricultural			Real Estate – Construction and Development			Real Estate – Commercial and Farmland			Real Estate – Residential			Consumer Installment			Purchased Loans			Purchased Loan Pools			Total
Three Months Ended June 30, 2018
Balance, March 31, 2018	$	3,621		$	3,572		$	8,072		$	4,947		$	2,172		$	2,822		$	994		$	26,200
Provision for loan losses	7,276			235			132			364			1,427			(106		)	(218		)	9,110
Loans charged off	(3,744		)	(20		)	—			(204		)	(839		)	(910		)	—			(5,717		)
Recoveries of loans previously charged off	1,247			2			11			29			117			533			—			1,939
Balance, June 30, 2018	$	8,400		$	3,789		$	8,215		$	5,136		$	2,877		$	2,339		$	776		$	31,532

Six Months Ended June 30, 2018
Balance, December 31, 2017	$	3,631		$	3,629		$	7,501		$	4,786		$	1,916		$	3,253		$	1,075		$	25,791
Provision for loan losses	8,059			64			821			541			2,578			(853		)	(299		)	10,911
Loans charged off	(5,193		)	(20		)	(142		)	(402		)	(1,801		)	(1,031		)	—			(8,589		)
Recoveries of loans previously charged off	1,903			116			35			211			184			970			—			3,419
Balance, June 30, 2018	$	8,400		$	3,789		$	8,215		$	5,136		$	2,877		$	2,339		$	776		$	31,532

Period-end allocation:
Loans individually evaluated for impairment ⁽¹⁾	$	5,003		$	1		$	1,526		$	1,056		$	—		$	2,339		$	1		$	9,926
Loans collectively evaluated for impairment	3,397			3,788			6,689			4,080			2,877			—			775			21,606
Ending balance	$	8,400		$	3,789		$	8,215		$	5,136		$	2,877		$	2,339		$	776		$	31,532

Loans:
Individually evaluated for impairment⁽¹⁾	$	10,881		$	119		$	8,149		$	10,840		$	—		$	29,041		$	2,196		$	61,226
Collectively evaluated for impairment	1,435,976			672,036			1,632,262			1,234,530			375,722			2,656,722			295,313			8,302,561
Acquired with deteriorated credit quality	—			—			—			—			—			126,747			—			126,747
Ending balance	$	1,446,857		$	672,155		$	1,640,411		$	1,245,370		$	375,722		$	2,812,510		$	297,509		$	8,490,534

(1) At June 30, 2018, loans individually evaluated for impairment includes all nonaccrual loans greater than $100,000 and all troubled debt restructurings greater than $100,000, including all troubled debt restructurings and not only those currently classified as troubled debt restructurings.



(dollars in thousands)	Commercial, Financial and Agricultural			Real Estate – Construction and Development			Real Estate – Commercial and Farmland			Real Estate – Residential			Consumer Installment			Purchased Loans			Purchased Loan Pools			Total
Twelve Months Ended December 31, 2017
Balance, December 31, 2016	$	2,192		$	2,990		$	7,662		$	6,786		$	827		$	1,626		$	1,837		$	23,920
Provision for loan losses	3,019			488			508			(86		)	2,591			2,606			(762		)	8,364
Loans charged off	(2,850		)	(95		)	(853		)	(2,151		)	(1,618		)	(2,900		)	—			(10,467		)
Recoveries of loans previously charged off	1,270			246			184			237			116			1,921			—			3,974
Balance, December 31, 2017	$	3,631		$	3,629		$	7,501		$	4,786		$	1,916		$	3,253		$	1,075		$	25,791

Period-end allocation:
Loans individually evaluated for impairment⁽¹⁾	$	465		$	48		$	1,047		$	1,028		$	—		$	3,253		$	177		$	6,018
Loans collectively evaluated for impairment	3,166			3,581			6,454			3,758			1,916			—			898			19,773
Ending balance	$	3,631		$	3,629		$	7,501		$	4,786		$	1,916		$	3,253		$	1,075		$	25,791

Loans:
Individually evaluated for impairment ⁽¹⁾	$	2,971		$	500		$	8,873		$	10,818		$	—		$	28,165		$	904		$	52,231
Collectively evaluated for impairment	1,359,537			624,095			1,526,566			998,643			324,511			718,447			327,342			5,879,141
Acquired with deteriorated credit quality	—			—			—			—			—			114,983			—			114,983
Ending balance	$	1,362,508		$	624,595		$	1,535,439		$	1,009,461		$	324,511		$	861,595		$	328,246		$	6,046,355

(1) At December 31, 2017, loans individually evaluated for impairment includes all nonaccrual loans greater than $100,000 and all troubled debt restructurings greater than $100,000, including all troubled debt restructurings and not only those currently classified as troubled debt restructurings.



(dollars in thousands)	Commercial, Financial and Agricultural			Real Estate – Construction and Development			Real Estate – Commercial and Farmland			Real Estate – Residential			Consumer Installment			Purchased Loans			Purchased Loan Pools			Total
Three Months Ended June 30, 2017
Balance, March 31, 2017	$	2,798		$	3,597		$	7,879		$	5,840		$	854		$	2,196		$	2,086		$	25,250
Provision for loan losses	984			102			255			655			695			(23		)	(463		)	2,205
Loans charged off	(701		)	(41		)	(386		)	(963		)	(438		)	(755		)	—			(3,284		)
Recoveries of loans previously charged off	221			98			121			73			44			373			—			930
Balance, June 30, 2017	$	3,302		$	3,756		$	7,869		$	5,605		$	1,155		$	1,791		$	1,623		$	25,101

Six Months Ended June 30, 2017
Balance, December 31, 2016	$	2,192		$	2,990		$	7,662		$	6,786		$	827		$	1,626		$	1,837		$	23,920
Provision for loan losses	1,625			742			472			(136		)	869			683			(214		)	4,041
Loans charged off	(805		)	(94		)	(395		)	(1,179		)	(602		)	(1,311		)	—			(4,386		)
Recoveries of loans previously charged off	290			118			130			134			61			793			—			1,526
Balance, June 30, 2017	$	3,302		$	3,756		$	7,869		$	5,605		$	1,155		$	1,791		$	1,623		$	25,101

Period-end allocation:
Loans individually evaluated for impairment⁽¹⁾	$	691		$	174		$	1,437		$	1,748		$	—		$	1,791		$	180		$	6,021
Loans collectively evaluated for impairment	2,611			3,582			6,432			3,857			1,155			—			1,443			19,080
Ending balance	$	3,302		$	3,756		$	7,869		$	5,605		$	1,155		$	1,791		$	1,623		$	25,101

Loans:
Individually evaluated for impairment ⁽¹⁾	$	2,418		$	636		$	10,814		$	8,282		$	—		$	27,598		$	918		$	50,666
Collectively evaluated for impairment	1,216,215			486,222			1,508,188			848,787			148,666			794,706			489,196			5,491,980
Acquired with deteriorated credit quality	—			—			—			—			—			128,195			—			128,195
Ending balance	$	1,218,633		$	486,858		$	1,519,002		$	857,069		$	148,666		$	950,499		$	490,114		$	5,670,841

(1) At June 30, 2017, loans individually evaluated for impairment includes all nonaccrual loans greater than $100,000 and all troubled debt restructurings greater than $100,000, including all troubled debt restructurings and not only those currently classified as troubled debt restructurings.