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LOANS (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Accounts Notes Loans and Financial Receivables

Loans are stated at amortized cost. Balances within the major loans receivable categories are presented in the following table:


(dollars in thousands)	June 30, 2020		December 31, 2019
Commercial, financial and agricultural	$	1,839,921	$	802,171
Consumer installment	575,782		498,577
Indirect automobile	739,543		1,061,824
Mortgage warehouse	748,853		526,369
Municipal	731,508		564,304
Premium finance	690,584		654,669
Real estate – construction and development	1,641,744		1,549,062
Real estate – commercial and farmland	4,804,420		4,353,039
Real estate – residential	2,730,802		2,808,461
	$	14,503,157	$	12,818,476

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, 2019:


(dollars in thousands)	June 30, 2019
Balance, January 1	$	40,496
Additions due to acquisitions	—
Accretion	(6,125)
Accretable discounts removed due to charge-offs	—
Transfers between non-accretable and accretable discounts, net	(2,291)
Ending balance	$	32,080

Summary of Financial Receivable Nonaccrual Basis

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


(dollars in thousands)	June 30, 2020		December 31, 2019
Commercial, financial and agricultural	$	11,032	$	9,236
Consumer installment	1,186		831
Indirect automobile	1,643		1,746


Premium finance	—		600
Real estate – construction and development	1,913		1,988
Real estate – commercial and farmland	21,874		23,797
Real estate – residential	40,097		36,926
	$	77,745	$	75,124

The following table presents an analysis of nonaccrual loans with no related allowance for credit losses:


(dollars in thousands)	June 30, 2020
Commercial, financial and agricultural	$	1,081






Real estate – commercial and farmland	9,632
Real estate – residential	10,367
	$	21,080

Summary of Past Due Financial Receivables

The following table presents an analysis of past-due loans as of June 30, 2020 and December 31, 2019:


(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, 2020
Commercial, financial and agricultural	$	802	$	1,917	$	6,246	$	8,965	$	1,830,956	$	1,839,921	$	—
Consumer installment	1,699		1,691		2,173		5,563		570,219		575,782		1,377
Indirect automobile	1,458		597		1,528		3,583		735,960		739,543		24
Mortgage warehouse	—		—		—		—		748,853		748,853		—
Municipal	—		—		—		—		731,508		731,508		—
Premium finance	5,141		6,767		11,928		23,836		666,748		690,584		11,928
Real estate – construction and development	8,064		1,359		3,523		12,946		1,628,798		1,641,744		1,795
Real estate – commercial and farmland	890		1,910		15,517		18,317		4,786,103		4,804,420		—
Real estate – residential	20,601		6,507		34,637		61,745		2,669,057		2,730,802		2
Total	$	38,655	$	20,748	$	75,552	$	134,955	$	14,368,202	$	14,503,157	$	15,126

December 31, 2019
Commercial, financial and agricultural	$	3,609	$	2,251	$	6,484	$	12,344	$	789,827	$	802,171	$	—
Consumer installment	3,488		1,336		1,452		6,276		492,301		498,577		922
Indirect automobile	5,978		1,067		1,522		8,567		1,053,257		1,061,824		21
Mortgage warehouse	—		—		—		—		526,369		526,369		—
Municipal	—		—		—		—		564,304		564,304		—
Premium finance	13,801		8,022		5,411		27,234		627,435		654,669		4,811
Real estate – construction and development	7,785		1,224		1,583		10,592		1,538,470		1,549,062		—
Real estate – commercial and farmland	7,404		3,405		15,598		26,407		4,326,632		4,353,039		—
Real estate – residential	46,226		15,277		31,083		92,586		2,715,875		2,808,461		—
Total	$	88,291	$	32,582	$	63,133	$	184,006	$	12,634,470	$	12,818,476	$	5,754

Summary of Impaired Financial Receivables

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


	As of and for the Period Ended
(dollars in thousands)	December 31, 2019		June 30, 2019
Nonaccrual loans	$	75,124	$	41,479
Troubled debt restructurings not included above	29,609		31,383
Total impaired loans	$	104,733	$	72,862

Quarter-to-date interest income recognized on impaired loans	$	1,201	$	1,171
Year-to-date interest income recognized on impaired loans	$	4,131	$	2,025
Quarter-to-date foregone interest income on impaired loans	$	1,044	$	750
Year-to-date foregone interest income on impaired loans	$	4,100	$	1,478

The following table presents an analysis of information pertaining to impaired loans as of December 31, 2019 and June 30, 2019:


(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, 2019
Commercial, financial and agricultural	$	18,438	$	1,911	$	7,840	$	9,751	$	1,542	$	9,073	$	6,287
Consumer installment	2,179		839		—		839		—		420		767
Indirect automobile	1,845		1,746		—		1,746		—		1,481		592


Premium finance	757		—		757		757		156		758		524
Real estate – construction and development	4,893		1,319		1,605		2,924		204		5,277		7,278
Real estate – commercial and farmland	42,515		12,147		18,381		30,528		953		30,749		23,280
Real estate – residential	62,675		13,413		44,775		58,188		3,592		70,723		51,817
Total	$	133,302	$	31,375	$	73,358	$	104,733	$	6,447	$	118,481	$	90,545


(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, 2019
Commercial, financial and agricultural	$	13,097	$	1,632	$	3,407	$	5,039	$	634	$	5,196	$	4,430
Consumer installment	1,034		932		—		932		—		982		998



Premium finance	1,104		913		191		1,104		10		552		368
Real estate – construction and development	16,219		2,059		7,279		9,338		498		8,834		8,612
Real estate – commercial and farmland	20,075		1,951		16,125		18,076		1,984		17,846		18,301
Real estate – residential	41,025		12,221		26,152		38,373		1,880		39,416		39,213
Total	$	92,554	$	19,708	$	53,154	$	72,862	$	5,006	$	72,826	$	71,922

Summary of Credit Quality Indicate Financial Receivable

The following table presents the loan portfolio's amortized cost by class of financing receivable, risk grade and year of origination (in thousands). Generally, current period renewals of credit are underwritten again at the point of renewal and considered current period originations for purposes of the table below. There were no loans risk graded 9 at June 30, 2020.


	Term Loans
As of June 30, 2020	2020		2019		2018		2017		2016		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis		Total
Commercial, Financial and Agricultural
Risk Grade:
1	$	1,040,825	$	3,753	$	1,793	$	690	$	688	$	5,800	$	10,509	$	—	$	1,064,058
2	36		1,354		935		3,782		108		2,109		6,043		—		14,367
3	52,010		62,009		18,813		19,721		9,505		6,450		73,670		—		242,178
4	50,333		102,834		103,960		60,081		24,471		35,983		95,792		—		473,454
5	1,020		2,961		2,999		5,944		1,482		3,718		2,784		—		20,908
6	—		356		1,860		561		248		1,306		1,482		—		5,813
7	—		744		1,692		2,098		694		4,531		9,384		—		19,143


Total commercial, financial and agricultural	$	1,144,224	$	174,011	$	132,052	$	92,877	$	37,196	$	59,897	$	199,664	$	—	$	1,839,921
Consumer Installment
Risk Grade:
1	$	3,941	$	4,734	$	2,374	$	845	$	145	$	67	$	1,181	$	—	$	13,287
2	—		—		77		3		2,862		1,187		50		—		4,179
3	8,284		10,517		4,510		5,298		39,040		25,378		3,222		—		96,249
4	98,445		120,187		133,148		73,783		18,923		10,625		3,810		—		458,921
5	50		136		37		38		27		243		9		—		540
6	—		14		14		4		50		78		—		—		160
7	—		192		150		196		816		965		127		—		2,446


Total consumer installment	$	110,720	$	135,780	$	140,310	$	80,167	$	61,863	$	38,543	$	8,399	$	—	$	575,782
Indirect Automobile
Risk Grade:

2	$	—	$	—	$	112	$	38	$	5,047	$	3,908	$	—	$	—	$	9,105
3	—		47,286		241,703		252,508		112,068		74,214		—		—		727,779



7	—		93		388		579		638		961		—		—		2,659


Total indirect automobile	$	—	$	47,379	$	242,203	$	253,125	$	117,753	$	79,083	$	—	$	—	$	739,543
Mortgage Warehouse
Risk Grade:


3	$	—	$	—	$	—	$	—	$	—	$	—	$	748,853	$	—	$	748,853






Total mortgage warehouse	$	—	$	—	$	—	$	—	$	—	$	—	$	748,853	$	—	$	748,853


	Term Loans
As of June 30, 2020	2020		2019		2018		2017		2016		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis		Total
Municipal
Risk Grade:
1	$	198,131	$	12,763	$	37,851	$	175,644	$	172,620	$	115,134	$	—	$	—	$	712,143
2	—		—		—		—		—		2,587		—		—		2,587
3	—		775		—		6,300		—		9,107		—		—		16,182
4	—		—		—		—		—		596		—		—		596





Total municipal	$	198,131	$	13,538	$	37,851	$	181,944	$	172,620	$	127,424	$	—	$	—	$	731,508
Premium Finance
Risk Grade:

2	$	563,735	$	111,749	$	1,203	$	1,112	$	262	$	594	$	—	$	—	$	678,655




7	2,781		6,297		10		—		2,841		—		—		—		11,929


Total premium finance	$	566,516	$	118,046	$	1,213	$	1,112	$	3,103	$	594	$	—	$	—	$	690,584
Real Estate – Construction and Development
Risk Grade:


3	$	16,000	$	18,405	$	17,828	$	9,991	$	4,005	$	8,759	$	685	$	—	$	75,673
4	288,761		661,716		280,311		120,430		21,001		37,348		92,226		—		1,501,793
5	171		5,100		2,420		607		17,806		9,447		111		—		35,662
6	339		2,652		12,421		2,488		527		4,562		—		—		22,989
7	—		9		1,190		889		46		3,493		—		—		5,627


Total real estate – construction and development	$	305,271	$	687,882	$	314,170	$	134,405	$	43,385	$	63,609	$	93,022	$	—	$	1,641,744
Real Estate – Commercial and Farmland
Risk Grade:
1	$	—	$	—	$	198	$	—	$	—	$	—	$	—	$	—	$	198
2	1,449		547		578		2,289		4,543		15,895		1,946		—		27,247
3	275,436		387,436		172,702		219,630		204,796		325,464		73,997		—		1,659,461
4	220,881		602,402		532,184		418,685		356,739		686,276		33,349		—		2,850,516
5	5,846		4,685		2,798		26,617		15,162		74,695		566		—		130,369
6	—		8,254		9,905		13,851		14,933		24,053		730		—		71,726
7	170		6,096		5,048		8,944		11,173		32,535		937		—		64,903


Total real estate – commercial and farmland	$	503,782	$	1,009,420	$	723,413	$	690,016	$	607,346	$	1,158,918	$	111,525	$	—	$	4,804,420
Real Estate - Residential
Risk Grade:
1	$	—	$	—	$	—	$	—	$	—	$	23	$	—	$	—	$	23
2	—		418		14		126		1,525		61,280		1,768		—		65,131
3	284,058		541,802		303,447		220,661		177,896		462,308		225,353		2,313		2,217,838
4	16,675		74,152		43,926		32,278		34,830		105,288		51,186		59		358,394
5	310		1,453		2,366		3,268		1,499		12,330		3,963		—		25,189
6	172		1,736		939		62		331		4,180		597		—		8,017
7	2,836		8,179		11,568		5,120		2,091		19,355		7,061		—		56,210


Total real estate - residential	$	304,051	$	627,740	$	362,260	$	261,515	$	218,172	$	664,764	$	289,928	$	2,372	$	2,730,802

The following table presents the loan portfolio by risk grade as of December 31, 2019 (in thousands):


Risk Grade	Commercial, Financial and Agricultural		Consumer Installment		Indirect Automobile		Mortgage Warehouse		Municipal		Premium Finance		Real Estate - Construction and Development		Real Estate - Commercial and Farmland		Real Estate - Residential		Total
1	$	22,396	$	13,184	$	—	$	—	$	552,062	$	—	$	—	$	208	$	27	$	587,877
2	18,937		1,233		18,354		—		2,690		654,069		17,535		35,299		92,255		840,372
3	215,180		33,314		1,033,861		526,369		8,925		—		90,124		1,720,039		2,406,587		6,034,399
4	482,146		449,224		4,009		—		627		—		1,377,674		2,348,083		222,779		4,884,542
5	33,317		208		—		—		—		—		41,759		133,119		24,618		233,021
6	4,901		213		—		—		—		—		17,223		53,941		10,132		86,410
7	25,294		1,191		5,600		—		—		600		4,747		62,350		52,063		151,845
8	—		8		—		—		—		—		—		—		—		8
9	—		2		—		—		—		—		—		—		—		2
Total	$	802,171	$	498,577	$	1,061,824	$	526,369	$	564,304	$	654,669	$	1,549,062	$	4,353,039	$	2,808,461	$	12,818,476

Summary of Troubled Debt Restructurings by Loan Class

The following table presents the loans by class modified as troubled debt restructurings which occurred during the six months ended June 30, 2020 and 2019:


	June 30, 2020				June 30, 2019
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	731	1	$	7
Consumer installment	4	15		9	62



Premium finance	—	—		1	191
Real estate – construction and development	1	20		—	—
Real estate – commercial and farmland	1	16		2	214
Real estate – residential	76	10,496		34	4,794
Total	83	$	11,278	47	$	5,268

Troubled Debt Restructurings on Financing Receivable Payment Default

The following table presents for loans the troubled debt restructurings by class that defaulted (defined as 30 days past due) during the six months ended June 30, 2020 and 2019:


	June 30, 2020				June 30, 2019
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	1	$	200	2	$	4
Consumer installment	3	4		4	24




Real estate – construction and development	2	285		—	—
Real estate – commercial and farmland	2	676		—	—
Real estate – residential	8	567		19	1,832
Total	16	$	1,732	25	$	1,860

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 classified separately as accrual and nonaccrual at June 30, 2020 and December 31, 2019:


June 30, 2020	Accruing Loans				Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	7	$	592	13	$	1,034
Consumer installment	13	42		20	67




Real estate – construction and development	5	919		4	308
Real estate – commercial and farmland	18	5,252		8	1,877
Real estate – residential	250	29,935		37	2,231
Total	293	$	36,740	82	$	5,517


December 31, 2019	Accruing Loans				Non-Accruing Loans
Loan Class	#	Balance (in thousands)		#	Balance (in thousands)
Commercial, financial and agricultural	5	$	516	17	$	335
Consumer installment	4	8		27	107



Premium finance	1	156		—	—
Real estate – construction and development	6	936		3	253
Real estate – commercial and farmland	21	6,732		8	2,071
Real estate – residential	197	21,261		40	2,857
Total	234	$	29,609	95	$	5,623

Financing Receivable, Schedule Of Short-Term Deferrals

The table below presents short-term deferrals related to the COVID-19 pandemic that were not considered TDRs.


(dollars in thousands)	COVID-19 Deferrals		Deferrals as a % of total loans
Commercial, financial and agricultural	$	155,310	8.4	%
Consumer installment	15,502		2.7	%
Indirect automobile	65,064		8.8	%

Municipal	2,461		0.3	%
Premium finance	46,496		6.7	%
Real estate – construction and development	192,474		11.7	%
Real estate – commercial and farmland	1,961,513		40.8	%
Real estate – residential	318,881		11.7	%
	$	2,757,701	19.0	%

Schedule of Allowances for Loan Losses by Portfolio Segment

The following tables detail activity in the allowance for credit losses by portfolio segment for the three and six-month periods ended June 30, 2020 and June 30, 2019 and end of period balances by portfolio segment as of June 30, 2020, December 31, 2019 and June 30, 2019. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.


Three Months Ended June 30, 2020

(dollars in thousands)	Commercial, Financial and Agricultural		Consumer Installment		Indirect Automobile		Mortgage Warehouse		Municipal		Premium Finance
Balance, March 31, 2020	$	8,110	$	15,446	$	3,464	$	1,102	$	522	$	11,508


Provision for loan losses	11		4,824		915		396		(15)		(2,083)
Loans charged off	(486)		(962)		(1,016)		—		—		(1,903)
Recoveries of loans previously charged off	303		777		18		—		—		676
Balance, June 30, 2020	$	7,938	$	20,085	$	3,381	$	1,498	$	507	$	8,198

	Real Estate – Construction and Development		Real Estate – Commercial and Farmland		Real Estate – Residential		Total
Balance, March 31, 2020	$	25,319	$	51,754	$	32,299	$	149,524


Provision for loan losses	28,853		38,133		(2,585)		68,449
Loans charged off	(74)		(6,315)		(525)		(11,281)
Recoveries of loans previously charged off	168		21		138		2,101
Balance, June 30, 2020	$	54,266	$	83,593	$	29,327	$	208,793

Six Months Ended June 30, 2020

(dollars in thousands)	Commercial, Financial and Agricultural		Consumer Installment		Indirect Automobile		Mortgage Warehouse		Municipal		Premium Finance
Balance, December 31, 2019	$	4,567	$	3,784	$	—	$	640	$	484	$	2,550
Adjustment to allowance for adoption of ASU 2016-13	2,587		8,012		4,109		463		(92)		4,471

Provision for loan losses	3,091		8,973		1,479		395		115		2,551
Loans charged off	(2,972)		(2,104)		(2,247)		—		—		(2,734)
Recoveries of loans previously charged off	665		1,420		40		—		—		1,360
Balance, June 30, 2020	$	7,938	$	20,085	$	3,381	$	1,498	$	507	$	8,198

	Real Estate – Construction and Development		Real Estate – Commercial and Farmland		Real Estate – Residential		Total
Balance, December 31, 2019	$	5,995	$	9,666	$	10,503	$	38,189
Adjustment to allowance for adoption of ASU 2016-13	12,248		27,073		19,790		78,661

Provision for loan losses	35,587		53,991		(686)		105,496
Loans charged off	(74)		(7,243)		(625)		(17,999)
Recoveries of loans previously charged off	510		106		345		4,446
Balance, June 30, 2020	$	54,266	$	83,593	$	29,327	$	208,793

Prior to the adoption of ASC 326 on January 1, 2020, the Company calculated the allowance for loan losses under the incurred loss methodology. The following tables are disclosures related to the allowance for loan losses in prior periods.


(dollars in thousands)	Commercial, Financial and Agricultural		Consumer Installment		Indirect Automobile		Mortgage Warehouse		Municipal		Premium Finance






December 31, 2019
Period-end allocation:
Loans individually evaluated for impairment⁽¹⁾	$	1,543	$	—	$	—	$	—	$	—	$	758
Loans collectively evaluated for impairment	3,024		3,784		—		640		484		1,792
Ending balance	$	4,567	$	3,784	$	—	$	640	$	484	$	2,550

Loans:
Individually evaluated for impairment ⁽¹⁾	$	8,032	$	—	$	—	$	—	$	—	$	6,768
Collectively evaluated for impairment	789,252		498,363		1,056,811		526,369		564,304		647,901
Acquired with deteriorated credit quality	4,887		214		5,013		—		—		—
Ending balance	$	802,171	$	498,577	$	1,061,824	$	526,369	$	564,304	$	654,669

	Real Estate – Construction and Development		Real Estate – Commercial and Farmland		Real Estate – Residential		Total






December 31, 2019
Period-end allocation:
Loans individually evaluated for impairment⁽¹⁾	$	204	$	953	$	3,704	$	7,162
Loans collectively evaluated for impairment	5,791		8,713		6,799		31,027
Ending balance	$	5,995	$	9,666	$	10,503	$	38,189

Loans:
Individually evaluated for impairment ⁽¹⁾	$	1,605	$	19,759	$	46,311	$	82,475
Collectively evaluated for impairment	1,532,786		4,256,397		2,737,095		12,609,278
Acquired with deteriorated credit quality	14,671		76,883		25,055		126,723
Ending balance	$	1,549,062	$	4,353,039	$	2,808,461	$	12,818,476

(1) At December 31, 2019, 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		Consumer Installment		Mortgage Warehouse		Municipal		Premium Finance
Three Months Ended June 30, 2019
Balance, March 31, 2019	$	2,190	$	3,936	$	640	$	508	$	1,830
Provision for loan losses	717		334		—		(6)		1,369
Loans charged off	(473)		(1,171)		—		—		(865)
Recoveries of loans previously charged off	382		289		—		—		650
Balance, June 30, 2019	$	2,816	$	3,388	$	640	$	502	$	2,984


(dollars in thousands)	Commercial, Financial and Agricultural			Consumer Installment		Mortgage Warehouse		Municipal		Premium Finance
Six Months Ended June 30, 2019
Balance, December 31, 2018	$	2,352		$	3,795	$	640	$	509	$	1,426
Provision for loan losses	1,017			2,157		—		(7)		2,083
Loans charged off	(1,157)			(3,068)		—		—		(2,185)
Recoveries of loans previously charged off	604			504		—		—		1,660
Balance, June 30, 2019	$	2,816	F	$	3,388	$	640	$	502	$	2,984

Period-end allocation:
Loans individually evaluated for impairment⁽¹⁾	$	634		$	—	$	—	$	—	$	1,391
Loans collectively evaluated for impairment	2,182			3,388		640		502		1,593
Ending balance	$	2,816		$	3,388	$	640	$	502	$	2,984

Loans:
Individually evaluated for impairment ⁽¹⁾	$	3,407		$	—	$	—	$	—	$	2,997
Collectively evaluated for impairment	697,804			474,071		462,481		583,558		610,967
Acquired with deteriorated credit quality	2,079			124		—		—		—
Ending balance	$	703,290		$	474,195	$	462,481	$	583,558	$	613,964

	Real Estate – Construction and Development			Real Estate – Commercial and Farmland		Real Estate – Residential		Total
Three Months Ended June 30, 2019
Balance, March 31, 2019	$	4,424		$	9,237	$	5,894	$	28,659
Provision for loan losses	314			(50)		1,990		4,668
Loans charged off	(243)			(589)		(155)		(3,496)
Recoveries of loans previously charged off	268			78		295		1,962
Balance, June 30, 2019	$	4,763		$	8,676	$	8,024	$	31,793

Six Months Ended June 30, 2019
Balance, December 31, 2018	$	4,210		$	9,659	$	6,228	$	28,819
Provision for loan losses	436			742		1,648		8,076
Loans charged off	(268)			(1,843)		(354)		(8,875)
Recoveries of loans previously charged off	385			118		502		3,773
Balance, June 30, 2019	$	4,763	F	$	8,676	$	8,024	$	31,793

Period-end allocation:
Loans individually evaluated for impairment (1)	$	498		$	1,984	$	1,881	$	6,388
Loans collectively evaluated for impairment	4,265			6,692		6,143		25,405
Ending balance	$	4,763		$	8,676	$	8,024	$	31,793

Loans:
Individually evaluated for impairment (1)	$	7,279		$	17,130	$	26,647	$	57,460
Collectively evaluated for impairment	1,089,546			3,118,126		1,883,519		8,920,072
Acquired with deteriorated credit quality	6,725			46,957		16,453		72,338
Ending balance	$	1,103,550		$	3,182,213	$	1,926,619	$	9,049,870

(1) At June 30, 2019, 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.