LOANS (Tables)

6 Months Ended

Jun. 30, 2016

Schedule of Accounts Notes Loans and Financial Receivables

Balances within the major loans receivable categories are presented in the following table, excluding purchased non-covered and covered loans:

(Dollars in Thousands)	June 30, 2016		December 31, 2015		June 30, 2015
Commercial, financial and agricultural	$	564,343	$	449,623	$	373,202
Real estate – construction and development		274,717		244,693		205,019
Real estate – commercial and farmland		1,248,580		1,104,991		1,010,195
Real estate – residential		680,233		570,430		537,201
Consumer installment		33,245		31,125		30,080
Other		17,953		6,015		15,903
	$	2,819,071	$	2,406,877	$	2,171,600

Summary of Covered Loans According to Loan Type

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

(Dollars in Thousands)	June 30, 2016		December 31, 2015		June 30, 2015
Commercial, financial and agricultural	$	101,803	$	45,462	$	45,337
Real estate – construction and development		89,096		72,080		75,302
Real estate – commercial and farmland		574,830		390,755		404,588
Real estate – residential		300,898		258,153		276,798
Consumer installment		5,590		5,104		6,288
	$	1,072,217	$	771,554	$	808,313

Schedule of Allowances for Loan Losses by Portfolio Segment

The following table details activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2016, the year ended December 31, 2015 and the six months ended June 30, 2015. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

	Commercial, financial & agricultural		Real estate – construction & development		Real estate – commercial & farmland		Real estate - residential		Consumer installment loans and Other		Purchased non-covered loans, including pools		Covered loans		Total
	(Dollars in Thousands)
Three months ended June 30, 2016:
Balance, March 31, 2016	$	1,599	$	3,925	$	7,099	$	4,631	$	2,922	$	1,306	$	-	$	21,482
Provision for loan losses		522		(438)		664		(259)		(719)		653		466		889
Loans charged off		(541)		(109)		(361)		(123)		(59)		(111)		(72)		(1,376)
Recoveries of loans previously charged off		87		221		57		14		16		208		136		739
Balance, June 30, 2016	$	1,667	$	3,599	$	7,459	$	4,263	$	2,160	$	2,056	$	530	$	21,734
Six months ended June 30, 2016:
Balance, January 1, 2016	$	1,144	$	5,009	$	7,994	$	4,760	$	1,574	$	581	$	-	$	21,062
Provision for loan losses		1,310		(1,489)		(5)		(234)		663		1,027		298		1,570
Loans charged off		(947)		(264)		(708)		(591)		(118)		(418)		(144)		(3,190)
Recoveries of loans previously charged off		160		343		178		328		41		866		376		2,292
Balance, June 30, 2016	$	1,667	$	3,599	$	7,459	$	4,263	$	2,160	$	2,056	$	530	$	21,734
Period-end amount allocated to:
Loans individually evaluated for impairment (1)	$	137	$	690	$	997	$	2,339	$	-	$	857	$	530	$	5,550
Loans collectively evaluated for impairment		1,530		2,909		6,462		1,924		2,160		1,199		-		16,184
Ending balance	$	1,667	$	3,599	$	7,459	$	4,263	$	2,160	$	2,056	$	530	$	21,734
Loans:
Individually evaluated for impairment (1)	$	819	$	1,465	$	11,870	$	10,345	$	-	$	24,126	$	17,625	$	66,250
Collectively evaluated for impairment		563,524		273,252		1,236,710		669,888		51,198		1,546,707		41,853		4,383,132
Acquired with deteriorated credit quality		-		-		-		-		-		111,809		61,940		173,749
Ending balance	$	564,343	$	274,717	$	1,248,580	$	680,233	$	51,198	$	1,682,642	$	121,418	$	4,623,131

(1) At June 30, 2016, 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.

	Commercial, financial & agricultural		Real estate – construction & development		Real estate – commercial & farmland		Real estate - residential		Consumer installment loans and Other		Purchased non-covered loans, including pools		Covered loans		Total
	(Dollars in Thousands)
Twelve months ended December 31, 2015:
Balance, January 1, 2015	$	2,004	$	5,030	$	8,823	$	4,129	$	1,171	$	-	$	-	$	21,157
Provision for loan losses		(73)		278		1,221		2,067		676		344		751		5,264
Loans charged off		(1,438)		(622)		(2,367)		(1,587)		(410)		(950)		(1,759)		(9,133)
Recoveries of loans previously charged off		651		323		317		151		137		1,187		1,008		3,774
Balance, December 31, 2015	$	1,144	$	5,009	$	7,994	$	4,760	$	1,574	$	581	$	-	$	21,062
Period-end amount allocated to:
Loans individually evaluated for impairment (1)	$	126	$	759	$	1,074	$	2,172	$	-	$	-	$	-	$	4,131
Loans collectively evaluated for impairment		1,018		4,250		6,920		2,588		1,574		581		-		16,931
Ending balance	$	1,144	$	5,009	$	7,994	$	4,760	$	1,574	$	581	$	-	$	21,062
Loans:
Individually evaluated for impairment (1)	$	323	$	1,958	$	11,877	$	9,554	$	-	$	22,672	$	22,317	$	68,701
Collectively evaluated for impairment		449,300		242,735		1,093,114		560,876		37,140		1,261,821		52,451		3,697,437
Acquired with deteriorated credit quality		-		-		-		-		-		80,024		62,761		142,785
Ending balance	$	449,623	$	244,693	$	1,104,991	$	570,430	$	37,140	$	1,364,517	$	137,529	$	3,908,923

(1) At December 31, 2015, loans individually evaluated for impairment includes all nonaccrual loans greater than $200,000 and all troubled debt restructurings greater than $100,000, including all troubled debt restructurings and not only those currently classified as troubled debt restructurings.

	Commercial, financial & agricultural		Real estate – construction & development		Real estate – commercial & farmland		Real estate - residential		Consumer installment loans and Other		Purchased non-covered loans, including pools		Covered loans		Total
	(Dollars in Thousands)
Three months ended June 30, 2015:
Balance, March 31, 2015	$	1,399	$	5,311	$	8,770	$	5,008	$	1,364	$	-	$	-	$	21,852
Provision for loan losses		322		40		756		234		448		121		735		2,656
Loans charged off		(410)		(263)		(1,162)		(464)		(153)		(240)		(850)		(3,542)
Recoveries of loans previously charged off		115		277		17		27		22		119		115		692
Balance, June 30, 2015	$	1,426	$	5,365	$	8,381	$	4,805	$	1,681	$	-	$	-	$	21,658
Six months ended June 30, 2015:
Balance, January 1, 2015	$	2,004	$	5,030	$	8,823	$	4,129	$	1,171	$	-	$	-	$	21,157
Provision for loan losses		(176)		387		700		1,324		665		(311)		1,136		3,725
Loans charged off		(802)		(360)		(1,174)		(732)		(239)		(470)		(1,413)		(5,190)
Recoveries of loans previously charged off		400		308		32		84		84		781		277		1,966
Balance, June 30, 2015	$	1,426	$	5,365	$	8,381	$	4,805	$	1,681	$	-	$	-	$	21,658
Period-end amount allocated to:
Loans individually evaluated for impairment (1)	$	450	$	414	$	1,242	$	1,786	$	-	$	-	$	-	$	3,892
Loans collectively evaluated for impairment		976		4,951		7,139		3,019		1,681		-		-		17,766
Ending balance	$	1,426	$	5,365	$	8,381	$	4,805	$	1,681	$	-	$	-	$	21,658
Loans:
Individually evaluated for impairment (1)	$	3,351	$	1,437	$	15,028	$	8,069	$	-	$	-	$	-	$	27,885
Collectively evaluated for impairment		369,851		203,582		995,167		529,132		45,983		967,052		91,188		3,201,955
Acquired with deteriorated credit quality		-		-		-		-		-		110,245		118,410		228,655
Ending balance	$	373,202	$	205,019	$	1,010,195	$	537,201	$	45,983	$	1,077,297	$	209,598	$	3,458,495

(1) At June 30, 2015, loans individually evaluated for impairment includes all nonaccrual loans greater than $200,000 and all troubled debt restructurings greater than $100,000, including all troubled debt restructurings and not only those currently classified as troubled debt restructurings.

Summary of Financial Receivable Nonaccrual Basis

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

(Dollars in Thousands)	June 30, 2016		December 31, 2015		June 30, 2015
Commercial, financial and agricultural	$	1,829	$	1,302	$	4,067
Real estate – construction and development		1,588		1,812		1,594
Real estate – commercial and farmland		6,732		7,019		8,938
Real estate – residential		5,434		6,278		5,650
Consumer installment		420		449		491
	$	16,003	$	16,860	$	20,740

Summary of Credit Quality Indicate Financial Receivable

The following table presents the loan portfolio, excluding purchased non-covered and covered loans, by risk grade as of June 30, 2016:  

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment loans		Other		Total
	(Dollars in Thousands)
10	$	339,903	$	-	$	2,313	$	99	$	7,410	$	-	$	349,725
15		22,049		3,741		106,801		58,283		700		-		191,574
20		100,406		46,224		804,685		501,795		22,498		17,953		1,493,561
23		484		7,245		9,084		6,664		188		-		23,665
25		94,022		211,322		290,528		90,191		1,754		-		687,817
30		2,545		3,297		20,775		5,689		162		-		32,468
40		4,934		2,888		14,394		17,512		533		-		40,261
50		-		-		-		-		-		-		-
60		-		-		-		-		-		-		-
Total	$	564,343	$	274,717	$	1,248,580	$	680,233	$	33,245	$	17,953	$	2,819,071

The following table presents the loan portfolio, excluding purchased non-covered and covered loans, by risk grade as of December 31, 2015:  

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment  loans		Other		Total
	(Dollars in Thousands)
10	$	241,721	$	294	$	116	$	1,606	$	6,872	$	-	$	250,609
15		28,420		2,074		117,880		78,165		1,191		-		227,730
20		97,142		46,221		685,538		369,624		19,780		6,015		1,224,320
23		559		7,827		13,073		6,112		36		-		27,607
25		77,829		183,512		254,012		91,465		2,595		-		609,413
30		1,492		1,620		13,821		7,347		143		-		24,423
40		2,460		3,145		20,551		16,111		506		-		42,773
50		-		-		-		-		-		-		-
60		-		-		-		-		2		-		2
Total	$	449,623	$	244,693	$	1,104,991	$	570,430	$	31,125	$	6,015	$	2,406,877

The following table presents the loan portfolio, excluding purchased non-covered and covered loans, by risk grade as of June 30, 2015: 

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment loans		Other		Total
	(Dollars in Thousands)
10	$	173,795	$	268	$	150	$	1,606	$	6,114	$	-	$	181,933
15		25,447		3,402		127,090		85,812		1,319		-		243,070
20		96,169		47,207		592,636		334,999		17,833		15,903		1,104,747
23		635		8,071		11,984		6,655		55		-		27,400
25		69,304		140,119		248,227		83,207		3,807		-		544,664
30		2,566		2,510		11,088		8,612		244		-		25,020
40		5,286		3,442		19,020		16,310		708		-		44,766
50		-		-		-		-		-		-		-
60		-		-		-		-		-		-		-
Total	$	373,202	$	205,019	$	1,010,195	$	537,201	$	30,080	$	15,903	$	2,171,600

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 non-covered and covered loans, classified separately as accrual and nonaccrual at June 30, 2016, December 31, 2015 and June 30, 2015:

As of June 30, 2016	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		5	$	275		11	$	86
Real estate – construction & development		9		468		3		36
Real estate – commercial & farmland		19		5,802		3		1,832
Real estate – residential		54		8,226		20		899
Consumer installment		7		24		27		113
Total		94	$	14,795		64	$	2,966

As of December 31, 2015	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		4	$	240		10	$	110
Real estate – construction & development		11		792		3		63
Real estate – commercial & farmland		16		5,766		3		596
Real estate – residential		51		7,574		20		1,123
Consumer installment		12		46		23		94
Total		94	$	14,418		59	$	1,986

As of June 30, 2015	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		6	$	278		5	$	29
Real estate – construction & development		11		821		3		57
Real estate – commercial & farmland		17		6,617		3		598
Real estate – residential		49		4,702		15		783
Consumer installment		11		49		17		82
Total		94	$	12,467		43	$	1,549

Troubled Debt Restructurings On Financing Receivables Payment Default

The following table presents the troubled debt restructurings by class that defaulted (defined as 30 days past due) during the six months ending June 30, 2016 and 2015:

	June 30, 2016				June 30, 2015
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		2	$	7		2	$	35
Real estate – construction & development		-		-		-		-
Real estate – commercial & farmland		2		191		5		1,274
Real estate – residential		6		292		10		884
Consumer installment		1		4		6		32
Total		11	$	494		23	$	2,225

Purchased Non Covered Loans [Member]

Summary of Carrying Value of Purchased Non-Covered Loans According to Loan Type

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

(Dollars in Thousands)	June 30, 2016		December 31, 2015		June 30, 2015
Commercial, financial and agricultural	$	101,803	$	45,462	$	45,337
Real estate – construction and development		89,096		72,080		75,302
Real estate – commercial and farmland		574,830		390,755		404,588
Real estate – residential		300,898		258,153		276,798
Consumer installment		5,590		5,104		6,288
	$	1,072,217	$	771,554	$	808,313

Summary of Financial Receivable Nonaccrual Basis

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

(Dollars in Thousands)	June 30, 2016		December 31, 2015		June 30, 2015
Commercial, financial and agricultural	$	673	$	1,064	$	309
Real estate – construction and development		1,160		1,106		1,483
Real estate – commercial and farmland		7,065		4,920		9,634
Real estate – residential		6,830		6,168		5,930
Consumer installment		39		72		88
	$	15,767	$	13,330	$	17,444

Summary of Past Due Financial Receivables

The following table presents an analysis of purchased non-covered past-due loans as of June 30, 2016, December 31, 2015 and June 30, 2015:

	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
	(Dollars in Thousands)
As of June 30, 2016:
Commercial, financial & agricultural	$	106	$	134	$	501	$	741	$	101,062	$	101,803	$	-
Real estate – construction & development		764		41		789		1,594		87,502		89,096		-
Real estate – commercial & farmland		2,177		1,799		6,929		10,905		563,925		574,830		-
Real estate – residential		4,307		1,487		5,433		11,227		289,671		300,898		-
Consumer installment loans		9		-		38		47		5,543		5,590		-
Total	$	7,363	$	3,461	$	13,690	$	24,514	$	1,047,703	$	1,072,217	$	-

	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
	(Dollars in Thousands)
As of December 30, 2015:
Commercial, financial & agricultural	$	248	$	13	$	846	$	1,107	$	44,355	$	45,462	$	-
Real estate – construction & development		416		687		420		1,523		70,557		72,080		-
Real estate – commercial & farmland		2,479		1,629		3,347		7,455		383,300		390,755		-
Real estate – residential		4,965		2,176		4,928		12,069		246,084		258,153		-
Consumer installment loans		31		9		70		110		4,994		5,104		-
Total	$	8,139	$	4,514	$	9,611	$	22,264	$	749,290	$	771,554	$	-

	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
	(Dollars in Thousands)
As of June 30, 2015:
Commercial, financial & agricultural	$	-	$	1,101	$	202	$	1,303	$	44,034	$	45,337	$	-
Real estate – construction & development		245		-		1,026		1,271		74,031		75,302		-
Real estate – commercial & farmland		2,115		724		9,062		11,901		392,687		404,588		-
Real estate – residential		3,848		1,400		5,369		10,617		266,181		276,798		-
Consumer installment loans		6		-		84		90		6,198		6,288		-
Total	$	6,214	$	3,225	$	15,743	$	25,182	$	783,131	$	808,313	$	-

Summary of Impaired Financial Receivables

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

	As of and For the Period Ended
	June 30, 2016		December 31, 2015		June 30, 2015
	(Dollars in Thousands)
Nonaccrual loans	$	15,767	$	13,330	$	17,444
Troubled debt restructurings not included above		9,053		9,373		6,792
Total impaired loans	$	24,820	$	22,703	$	24,236
Quarter-to-date interest income recognized on impaired loans	$	189	$	442	$	143
Year-to-date interest income recognized on impaired loans	$	546	$	785	$	161
Quarter-to-date foregone interest income on impaired loans	$	264	$	245	$	451
Year-to-date foregone interest income on impaired loans	$	620	$	1,365	$	923

The following table presents an analysis of information pertaining to purchased non-covered impaired loans as of June 30, 2016, December 31, 2015 and June 30, 2015:

	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
	(Dollars in Thousands)
As of June 30, 2016:
Commercial, financial & agricultural	$	2,662	$	675	$	-	$	675	$	-	$	669	$	801
Real estate – construction & development		3,241		340		1,340		1,680		142		1,905		1,759
Real estate – commercial & farmland		16,678		2,075		10,908		12,983		492		15,078		13,764
Real estate – residential		11,891		7,269		2,170		9,439		223		8,880		8,906
Consumer installment loans		56		43		-		43		-		68		71
Total	$	34,528	$	10,402	$	14,418	$	24,820	$	857	$	26,600	$	25,301

	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
	(Dollars in Thousands)
As of December 31, 2015:
Commercial, financial & agricultural	$	3,103	$	1,066	$	-	$	1,066	$	-	$	640	$	392
Real estate – construction & development		8,987		1,469		-		1,469		-		1,369		1,429
Real estate – commercial & farmland		14,999		11,134		-		11,134		-		9,966		10,806
Real estate – residential		14,946		8,957		-		8,957		-		8,591		8,067
Consumer installment loans		94		77		-		77		-		67		65
Total	$	42,129	$	22,703	$	-	$	22,703	$	-	$	20,633	$	20,759

	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
	(Dollars in Thousands)
As of June 30, 2015:
Commercial, financial & agricultural	$	1,476	$	309	$	-	$	309	$	-	$	254	$	227
Real estate – construction & development		9,656		1,857		-		1,857		-		1,485		1,469
Real estate – commercial & farmland		17,043		13,691		-		13,691		-		11,753		11,366
Real estate – residential		12,992		8,285		-		8,285		-		7,982		7,718
Consumer installment loans		111		94		-		94		-		61		64
Total	$	41,278	$	24,236	$	-	$	24,236	$	-	$	21,535	$	20,844

Summary of Credit Quality Indicate Financial Receivable

The following table presents the purchased non-covered loan portfolio by risk grade as of June 30, 2016:  

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment loans		Other		Total
	(Dollars in Thousands)
10	$	5,818	$	-	$	-	$	-	$	1,081	$	-	$	6,899
15		1,085		-		8,637		34,848		675		-		45,245
20		16,503		10,427		202,853		113,691		2,006		-		345,480
23		-		4,072		10,627		12,688		-		-		27,387
25		71,603		64,200		305,654		114,097		1,667		-		557,221
30		4,779		7,910		28,761		11,054		32		-		52,536
40		1,983		2,487		18,298		14,520		129		-		37,417
50		30		-		-		-		-		-		30
60		2		-		-		-		-		-		2
Total	$	101,803	$	89,096	$	574,830	$	300,898	$	5,590	$	-	$	1,072,217

The following table presents the purchased non-covered loan portfolio by risk grade as of December 31, 2015:  

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment loans		Other		Total
	(Dollars in Thousands)
10	$	8,592	$	-	$	-	$	-	$	1,010	$	-	$	9,602
15		1,186		1,143		10,490		37,808		541		-		51,168
20		10,057		13,678		183,219		128,005		2,031		-		336,990
23		-		438		5,177		6,414		-		-		12,029
25		17,565		47,517		162,253		66,166		1,328		-		294,829
30		6,657		4,185		14,297		5,503		51		-		30,693
40		1,373		5,119		15,319		14,257		143		-		36,211
50		30		-		-		-		-		-		30
60		2		-		-		-		-		-		2
Total	$	45,462	$	72,080	$	390,755	$	258,153	$	5,104	$	-	$	771,554

The following table presents the purchased non-covered loan portfolio by risk grade as of June 30, 2015:

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment loans		Other		Total
	(Dollars in Thousands)
10	$	9,091	$	-	$	80	$	-	$	952	$	-	$	10,123
15		1,377		866		8,710		41,641		626		-		53,220
20		12,545		16,979		190,219		139,792		2,769		-		362,304
23		-		240		3,792		6,505		-		-		10,537
25		18,556		49,070		165,267		65,818		1,700		-		300,411
30		2,462		3,409		19,042		9,803		63		-		34,779
40		1,276		4,738		17,478		13,217		178		-		36,887
50		30		-		-		22		-		-		52
60		-		-		-		-		-		-		-
Total	$	45,337	$	75,302	$	404,588	$	276,798	$	6,288	$	-	$	808,313

Summary of Troubled Debt Restructurings by Loan Class

The following table presents the purchased non-covered loans by class modified as troubled debt restructurings, which occurred during the six months ending June 30, 2016 and 2015:

	June 30, 2016				June 30, 2015
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		-	$	-		-	$	-
Real estate – construction & development		-		-		-		-
Real estate – commercial & farmland		1		28		-		-
Real estate – residential		2		640		5		1,017
Consumer installment		-		-		1		5
Total		3	$	668		6	$	1,022

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

The following table presents the troubled debt restructurings by class that defaulted (defined as 30 days past due) during the six months ending June 30, 2016 and 2015:

	June 30, 2016				June 30, 2015
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		-	$	-		-	$	-
Real estate – construction & development		2		402		-		-
Real estate – commercial & farmland		-		-		-		-
Real estate – residential		-		-		1		65
Consumer installment		-		-		-		-
Total		2	$	402		1	$	65

Loans Excluding Purchased Non Covered And Covered Loan [Member]

Summary of Past Due Financial Receivables

	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
	(Dollars in Thousands)
As of June 30, 2016:
Commercial, financial & agricultural	$	845	$	297	$	1,700	$	2,842	$	561,501	$	564,343	$	-
Real estate – construction & development		355		153		1,527		2,035		272,682		274,717		-
Real estate – commercial & farmland		2,675		724		5,257		8,656		1,239,924		1,248,580		-
Real estate – residential		3,430		1,776		4,243		9,449		670,784		680,233		-
Consumer installment loans		325		123		246		694		32,551		33,245		-
Other		-		-		-		-		17,953		17,953		-
Total	$	7,630	$	3,073	$	12,973	$	23,676	$	2,795,395	$	2,819,071	$	-

	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
	(Dollars in Thousands)
As of December 30, 2015:
Commercial, financial & agricultural	$	568	$	271	$	835	$	1,674	$	447,949	$	449,623	$	-
Real estate – construction & development		1,413		261		1,739		3,413		241,280		244,693		-
Real estate – commercial & farmland		1,781		641		6,912		9,334		1,095,657		1,104,991		-
Real estate – residential		3,806		2,120		5,121		11,047		559,383		570,430		-
Consumer installment loans		374		188		238		800		30,325		31,125		-
Other		-		-		-		-		6,015		6,015		-
Total	$	7,942	$	3,481	$	14,845	$	26,268	$	2,380,609	$	2,406,877	$	-

	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
	(Dollars in Thousands)
As of June 30, 2015:
Commercial, financial & agricultural	$	840	$	888	$	3,891	$	5,619	$	367,583	$	373,202	$	-
Real estate – construction & development		1,201		374		1,536		3,111		201,908		205,019		-
Real estate – commercial & farmland		1,958		2,823		7,014		11,795		998,400		1,010,195		-
Real estate – residential		5,135		1,949		4,727		11,811		525,390		537,201		-
Consumer installment loans		293		77		315		685		29,395		30,080		-
Other		-		-		-		-		15,903		15,903		-
Total	$	9,427	$	6,111	$	17,483	$	33,021	$	2,138,579	$	2,171,600	$	-

Summary of Impaired Financial Receivables

The following is a summary of information pertaining to impaired loans, excluding purchased non-covered and covered loans:

	As of and For the Period Ended
	June 30, 2016		December 31, 2015		June 30, 2015
	(Dollars in Thousands)
Nonaccrual loans	$	16,003	$	16,860	$	20,740
Troubled debt restructurings not included above		14,795		14,418		12,467
Total impaired loans	$	30,798	$	31,278	$	33,207
Quarter-to-date interest income recognized on impaired loans	$	238	$	274	$	192
Year-to-date interest income recognized on impaired loans	$	556	$	909	$	344
Quarter-to-date foregone interest income on impaired loans	$	230	$	265	$	311
Year-to-date foregone interest income on impaired loans	$	471	$	1,204	$	629

The following table presents an analysis of information pertaining to impaired loans, excluding purchased non-covered and covered loans as of June 30, 2016, December 31, 2015 and June 30, 2015: 

	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
	(Dollars in Thousands)
As of June 30, 2016:
Commercial, financial & agricultural	$	3,786	$	652	$	1,453	$	2,105	$	150	$	1,825	$	1,731
Real estate – construction & development		3,141		230		1,826		2,056		697		2,154		2,304
Real estate – commercial & farmland		13,592		5,312		7,221		12,533		1,000		12,772		12,777
Real estate – residential		14,460		1,329		12,331		13,660		2,369		13,249		13,450
Consumer installment loans		531		-		444		444		8		441		458
Total	$	35,510	$	7,523	$	23,275	$	30,798	$	4,224	$	30,441	$	30,720

	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
	(Dollars in Thousands)
As of December 31, 2015:
Commercial, financial & agricultural	$	3,062	$	158	$	1,385	$	1,543	$	135	$	1,887	$	2,275
Real estate – construction & development		3,581		230		2,374		2,604		774		2,598		3,228
Real estate – commercial & farmland		14,385		6,702		6,083		12,785		1,067		15,074		15,105
Real estate – residential		15,809		1,621		12,230		13,851		2,224		11,935		11,977
Consumer installment loans		592		-		495		495		9		461		488
Total	$	37,429	$	8,711	$	22,567	$	31,278	$	4,209	$	31,955	$	33,073

	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
	(Dollars in Thousands)
As of June 30, 2015:
Commercial, financial & agricultural	$	6,004	$	442	$	3,903	$	4,345	$	458	$	2,819	$	2,533
Real estate – construction & development		3,765		-		2,416		2,416		445		3,245		3,648
Real estate – commercial & farmland		18,117		5,960		9,595		15,555		1,243		15,378		15,125
Real estate – residential		11,743		1,153		9,199		10,352		1,825		11,555		12,006
Consumer installment loans		633		-		539		539		8		494		507
Total	$	40,262	$	7,555	$	25,652	$	33,207	$	3,979	$	33,491	$	33,819

Summary of Troubled Debt Restructurings by Loan Class

The following table presents the loans by class modified as troubled debt restructurings, excluding purchased non-covered and covered loans, which occurred during the six months ending June 30, 2016 and 2015:

	June 30, 2016				June 30, 2015
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		2	$	28		3	$	18
Real estate – construction & development		1		6		2		16
Real estate – commercial & farmland		4		1,666		-		-
Real estate – residential		6		739		15		729
Consumer installment		6		26		5		19
Total		19	$	2,465		25	$	782

Financing Receivable Troubled Debt Restructuring [Member]

Summary of Financial Receivable Nonaccrual Basis

The following table presents the covered loans by class modified as troubled debt restructurings during the six months ending June 30, 2016 and 2015:

	June 30, 2016				June 30, 2015
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		1	$	76		1	$	1
Real estate – construction & development		-		-		2		34
Real estate – commercial & farmland		1		464		4		796
Real estate – residential		1		22		6		376
Consumer installment		-		-		2		5
Total		3	$	562		15	$	1,212

Covered Loans [Member]

Summary of Financial Receivable Nonaccrual Basis

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

(Dollars in Thousands)	June 30, 2016		December 31, 2015		June 30, 2015
Commercial, financial and agricultural	$	127	$	2,803	$	7,948
Real estate – construction and development		1,600		1,701		3,120
Real estate – commercial and farmland		5,110		5,034		13,997
Real estate – residential		4,100		3,663		3,712
Consumer installment		32		37		94
	$	10,969	$	13,238	$	28,871

Summary of Past Due Financial Receivables

The following table presents an analysis of covered past-due loans as of June 30, 2016, December 31, 2015 and June 30, 2015:

	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
	(Dollars in Thousands)
As of June 30, 2016:
Commercial, financial & agricultural	$	1	$	76	$	51	$	128	$	1,476	$	1,604	$	-
Real estate – construction & development		108		3		1,537		1,648		5,520		7,168		-
Real estate – commercial & farmland		157		-		2,066		2,223		62,868		65,091		-
Real estate – residential		1,773		836		2,672		5,281		42,174		47,455		-
Consumer installment loans		-		-		32		32		68		100		-
Total	$	2,039	$	915	$	6,358	$	9,312	$	112,106	$	121,418	$	-

	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
	(Dollars in Thousands)
As of December 30, 2015:
Commercial, financial & agricultural	$	-	$	-	$	2,802	$	2,802	$	2,744	$	5,546	$	-
Real estate – construction & development		96		-		1,633		1,729		5,883		7,612		-
Real estate – commercial & farmland		170		205		3,064		3,439		67,787		71,226		-
Real estate – residential		2,155		1,001		2,658		5,814		47,224		53,038		-
Consumer installment loans		-		-		37		37		70		107		-
Total	$	2,421	$	1,206	$	10,194	$	13,821	$	123,708	$	137,529	$	-

	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
	(Dollars in Thousands)
As of June 30, 2015:
Commercial, financial & agricultural	$	237	$	240	$	1,670	$	2,147	$	15,519	$	17,666	$	-
Real estate – construction & development		292		31		3,045		3,368		11,634		15,002		143
Real estate – commercial & farmland		699		81		9,396		10,176		101,596		111,772		-
Real estate – residential		2,690		927		2,122		5,739		59,243		64,982		-
Consumer installment loans		-		-		50		50		126		176		-
Total	$	3,918	$	1,279	$	16,283	$	21,480	$	188,118	$	209,598	$	143

Summary of Impaired Financial Receivables

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

	As of and For the Period Ended
	June 30, 2016		December 31, 2015		June 30, 2015
	(Dollars in Thousands)
Nonaccrual loans	$	10,969	$	13,238	$	28,871
Troubled debt restructurings not included above		11,589		13,283		17,500
Total impaired loans	$	22,558	$	26,521	$	46,371
Quarter-to-date interest income recognized on impaired loans	$	154	$	154	$	219
Year-to-date interest income recognized on impaired loans	$	339	$	886	$	431
Quarter-to-date foregone interest income on impaired loans	$	148	$	181	$	409
Year-to-date foregone interest income on impaired loans	$	318	$	1,596	$	947

The following table presents an analysis of information pertaining to covered impaired loans as of June 30, 2016, December 31, 2015 and June 30, 2015: 

	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
	(Dollars in Thousands)
As of June 30, 2016:
Commercial, financial & agricultural	$	314	$	127	$	-	$	127	$	-	$	1,463	$	1,909
Real estate – construction & development		6,841		1,198		1,210		2,408		81		2,368		2,405
Real estate – commercial & farmland		10,556		2,127		4,303		6,430		198		6,503		6,669
Real estate – residential		14,890		4,830		8,724		13,554		251		13,724		13,880
Consumer installment loans		47		39		-		39		-		41		43
Total	$	32,648	$	8,321	$	14,237	$	22,558	$	530	$	24,099	$	24,906

	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
	(Dollars in Thousands)
As of December 31, 2015:
Commercial, financial & agricultural	$	5,188	$	2,802	$	-	$	2,802	$	-	$	5,360	$	7,408
Real estate – construction & development		15,119		2,480		-		2,480		-		4,130		6,906
Real estate – commercial & farmland		20,508		7,001		-		7,001		-		14,133		18,504
Real estate – residential		15,830		14,192		-		14,192		-		14,399		16,010
Consumer installment loans		60		46		-		46		-		69		86
Total	$	56,705	$	26,521	$	-	$	26,521	$	-	$	38,091	$	48,914

	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
	(Dollars in Thousands)
As of June 30, 2015:
Commercial, financial & agricultural	$	14,260	$	7,951	$	-	$	7,951	$	-	$	8,869	$	8,773
Real estate – construction & development		29,895		5,953		-		5,953		-		7,819		8,757
Real estate – commercial & farmland		37,426		17,970		-		17,970		-		21,795		21,418
Real estate – residential		18,226		14,402		-		14,402		-		16,600		17,084
Consumer installment loans		125		95		-		95		-		99		97
Total	$	99,932	$	46,371	$	-	$	46,371	$	-	$	55,179	$	56,129

Summary of Credit Quality Indicate Financial Receivable

The following table presents the covered loan portfolio by risk grade as of June 30, 2016:

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment loans		Other		Total
	(Dollars in Thousands)
10	$	-	$	-	$	-	$	-	$	-	$	-	$	-
15		-		-		-		-		-		-		-
20		32		738		10,278		8,096		-		-		19,144
23		24		-		1,769		4,637		-		-		6,430
25		1,417		4,436		35,031		22,371		13		-		63,268
30		3		418		4,659		3,564		47		-		8,691
40		128		1,576		13,354		8,787		40		-		23,885
50		-		-		-		-		-		-		-
60		-		-		-		-		-		-		-
Total	$	1,604	$	7,168	$	65,091	$	47,455	$	100	$	-	$	121,418

The following table presents the covered loan portfolio by risk grade as of December 31, 2015:

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment loans		Other		Total
	(Dollars in Thousands)
10	$	-	$	-	$	-	$	-	$	-	$	-	$	-
15		-		-		-		-		-		-		-
20		93		800		11,698		10,040		-		-		22,631
23		52		-		2,957		5,723		-		-		8,732
25		2,594		3,907		38,741		24,345		11		-		69,598
30		5		828		2,857		4,552		-		-		8,242
40		2,802		2,077		14,973		8,378		96		-		28,326
50		-		-		-		-		-		-		-
60		-		-		-		-		-		-		-
Total	$	5,546	$	7,612	$	71,226	$	53,038	$	107	$	-	$	137,529

The following table presents the covered loan portfolio by risk grade as of June 30, 2015:

Risk Grade	Commercial, financial & agricultural		Real estate - construction & development		Real estate - commercial & farmland		Real estate - residential		Consumer installment loans		Other		Total
	(Dollars in Thousands)
10	$	-	$	-	$	-	$	-	$	-	$	-	$	-
15		-		-		488		125		-		-		613
20		580		1,218		17,382		12,571		43		-		31,794
23		68		-		5,255		6,083		-		-		11,406
25		4,089		8,142		60,682		30,870		37		-		103,820
30		4,923		2,409		4,165		5,730		-		-		17,227
40		8,006		3,233		23,800		9,603		96		-		44,738
50		-		-		-		-		-		-		-
60		-		-		-		-		-		-		-
Total	$	17,666	$	15,002	$	111,772	$	64,982	$	176	$	-	$	209,598

Summary of Troubled Debt Restructurings by Loan Class

The following table presents the amount of troubled debt restructurings by loan class of covered loans, classified separately as accrual and nonaccrual at June 30, 2016, December 31, 2015 and June 30, 2015:

As of June 30, 2016	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		-	$	-		3	$	76
Real estate – construction & development		4		808		-		-
Real estate – commercial & farmland		3		1,319		5		2,078
Real estate – residential		92		9,455		27		1,342
Consumer installment		1		7		-		-
Total		100	$	11,589		35	$	3,496

As of December 31, 2015	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		-	$	-		2	$	1
Real estate – construction & development		4		779		-		-
Real estate – commercial & farmland		4		1,967		3		1,067
Real estate – residential		97		10,529		26		1,116
Consumer installment		2		8		-		-
Total		107	$	13,283		31	$	2,184

As of June 30, 2015	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		1	$	3		2	$	-
Real estate – construction & development		3		2,832		1		13
Real estate – commercial & farmland		11		3,973		3		1,105
Real estate – residential		95		10,690		14		941
Consumer installment		1		2		-		-
Total		111	$	17,500		20	$	2,059

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

The following table presents the troubled debt restructurings by class that defaulted (defined as 30 days past due) during the six months ending June 30, 2016 and 2015:

	June 30, 2016				June 30, 2015
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		2	$	76		-	$	-
Real estate – construction & development		-		-		-		-
Real estate – commercial & farmland		-		-		1		21
Real estate – residential		6		919		5		276
Consumer installment		-		-		-		-
Total		8	$	995		6	$	297

Accrual And Non Accrual [Member] | Purchased Non Covered Loans [Member]

Summary of Troubled Debt Restructurings by Loan Class

The following table presents the amount of troubled debt restructurings by loan class of purchased non-covered loans, classified separately as accrual and nonaccrual at June 30, 2016, December 31, 2015 and June 30, 2015:

As of June 30, 2016	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		1	$	1		1	$	17
Real estate – construction & development		2		521		3		36
Real estate – commercial & farmland		12		5,918		3		398
Real estate – residential		14		2,609		4		448
Consumer installment		1		4		2		2
Total		30	$	9,053		13	$	901

As of December 31, 2015	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		1	$	2		2	$	21
Real estate – construction & development		1		363		3		42
Real estate – commercial & farmland		14		6,214		3		412
Real estate – residential		13		2,789		4		180
Consumer installment		2		5		2		3
Total		31	$	9,373		14	$	658

As of June 30, 2015	Accruing Loans				Non-Accruing Loans
			Balance				Balance
Loan class:	#		(in thousands)		#		(in thousands)
Commercial, financial & agricultural		-	$	-		1	$	1
Real estate – construction & development		3		374		-		-
Real estate – commercial & farmland		7		4,058		1		69
Real estate – residential		12		2,354		2		91
Consumer installment		2		6		2		5
Total		24	$	6,792		6	$	166