LOANS (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Accounts Notes Loans and Financial Receivables

Balances within the major loans receivable categories are presented in the following table:

(Dollars in Thousands)	March 31, 2013		December 31, 2012		March 31, 2012
Commercial, financial and agricultural	$	180,888	$	174,217	$	149,320
Real estate – construction and development		130,161		114,199		122,331
Real estate – commercial and farmland		766,227		732,322		658,054
Real estate – residential		355,716		346,480		328,053
Consumer installment		37,335		40,178		42,085
Other		22,426		43,239		24,001
	$	1,492,753	$	1,450,635	$	1,323,844

Summary of Covered Loans According to Loan Type

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

(Dollars in Thousands)	March 31, 2013		December 31, 2012		March 31, 2012
Commercial, financial and agricultural	$	28,568	$	32,606	$	43,157
Real estate – construction and development		57,114		70,184		93,430
Real estate – commercial and farmland		260,159		278,506		350,244
Real estate – residential		113,668		125,056		162,768
Consumer installment		1,215		1,360		3,778
	$	460,724	$	507,712	$	653,377

Summary of Trouble Debt Restructuring by Loan Class

The following table presents the amount of troubled debt restructurings by loan class, classified separately as accrual and non-accrual at March 31, 2013, December 31, 2012 and March 31, 2012:

As of March 31, 2013	Accruing Loans				Non-Accruing Loans
Loan class:	#		Balance (in  thousands)		#		Balance (in  thousands)
Commercial, financial & agricultural		5	$	799		—	$	—
Real estate – construction & development		5		1,883		1		43
Real estate – commercial & farmland		16		8,878		3		3,595
Real estate – residential		26		6,953		3		1,111
Consumer installment		—		—		1		6
Total		52	$	18,513		8	$	4,755
As of December 31, 2012	Accruing Loans				Non-Accruing Loans
Loan class:	#		Balance (in  thousands)		#		Balance (in  thousands)
Commercial, financial & agricultural		5	$	802		—	$	—
Real estate – construction & development		5		1,735		—		—
Real estate – commercial & farmland		16		8,947		3		4,149
Real estate – residential		28		7,254		2		1,022
Consumer installment		1		6		—		—
Total		55	$	18,744		5	$	5,171
As of March 31, 2012	Accruing Loans				Non-Accruing Loans
Loan class:	#		Balance (in  thousands)		#		Balance (in  thousands)
Real estate – construction & development		6	$	1,305		4	$	1,626
Real estate – commercial & farmland		18		17,765		2		2,176
Real estate – residential		22		7,778		3		1,065
Total		46	$	26,848		9	$	4,867

Summary of Troubled Debt Restructuring by Loan Class

The following table presents the amount of troubled debt restructurings by loan class, classified separately as those currently paying under restructured terms and those that have defaulted under restructured terms at March 31, 2013, December 31, 2012 and March 31, 2012:

As of March 31, 2013	Loans Currently  Paying Under Restructured Terms				Loans that have  Defaulted Under Restructured Terms
Loan class:	#		Balance (in  thousands)		#		Balance (in thousands)
Commercial, financial & agricultural		5	$	799		—	$	—
Real estate – construction & development		5		1,883		1		43
Real estate – commercial & farmland		16		8,878		3		3,595
Real estate – residential		26		6,953		3		1,111
Consumer installment		—		—		1		6
Total		52	$	18,513		8	$	4,755
As of December 31, 2012	Loans Currently  Paying Under Restructured Terms				Loans that have Defaulted Under Restructured Terms
Loan class:	#		Balance (in  thousands)		#		Balance (in  thousands)
Commercial, financial & agricultural		5	$	802		—	$	—
Real estate – construction & development		5		1,735		—		—
Real estate – commercial & farmland		16		8,947		3		4,149
Real estate – residential		28		7,254		2		1,022
Consumer installment		—		—		1		6
Total		54	$	18,738		6	$	5,177
As of March 31, 2012	Loans Currently  Paying Under Restructured Terms				Loans that have  Defaulted Under Restructured Terms
Loan class:	#		Balance (in  thousands)		#		Balance (in  thousands)
Real estate – construction & development		7	$	2,413		3	$	518
Real estate – commercial & farmland		19		17,869		1		2,072
Real estate – residential		22		7,778		3		1,065
Total		48	$	28,060		7	$	3,655

Summary of Troubled Debt Restructuring by Concessions Made Types

The following table presents the amount of troubled debt restructurings by types of concessions made, classified separately as accrual and non-accrual at March 31, 2013, December 31, 2012 and March 31, 2012:

As of March 31, 2013	Accruing Loans				Non-Accruing Loans
Type of Concession:	#		Balance (in  thousands)		#		Balance (in  thousands)
Forbearance of Interest		2	$	1,843		—	$	—
Forgiveness of Principal		3		1,504		1		207
Payment Modification Only		2		376		—		—
Rate Reduction Only		10		7,033		2		182
Rate Reduction, Forbearance of Interest		17		4,046		2		3,100
Rate Reduction, Forbearance of Principal		18		3,711		1		255
Rate Reduction, Payment Modification		—		—		2		1,011
Total		52	$	18,513		8	$	4,755
As of December 31, 2012	Accruing Loans				Non-Accruing Loans
Type of Concession:	#		Balance (in  thousands)		#		Balance (in  thousands)
Forbearance of Interest		2	$	1,873		—	$	—
Forgiveness of Principal		3		1,518		1		372
Payment Modification Only		2		376		—		—
Rate Reduction Only		11		7,075		1		177
Rate Reduction, Forbearance of Interest		18		4,061		2		3,420
Rate Reduction, Forbearance of Principal		18		3,798		—		—
Rate Reduction, Payment Modification		1		43		1		1,202
Total		55	$	18,744		5	$	5,171
As of March 31, 2012	Accruing Loans				Non-Accruing Loans
Type of Concession:	#		Balance (in  thousands)		#		Balance (in  thousands)
Forbearance of Interest		3	$	2,275		—	$	—
Forgiveness of Principal		2		893		1		136
Payment Modification Only		2		5,202		1		307
Rate Reduction Only		10		6,541		4		1,140
Rate Reduction, Forbearance of Interest		12		8,360		1		103
Rate Reduction, Forbearance of Principal		16		3,514		1		1,109
Rate Reduction, Payment Modification		1		63		1		2,072
Total		46	$	26,848		9	$	4,867

Summary of Troubled Debt Restructurings by Collateral types

The following table presents the amount of troubled debt restructurings by collateral types, classified separately as accrual and non-accrual at March 31, 2013, December 31, 2012 and March 31, 2012:

As of March 31, 2013	Accruing Loans				Non-Accruing Loans
Collateral type:	#		Balance (in  thousands)		#		Balance (in  thousands)
Warehouse		3	$	1,689		1	$	176
Raw Land		1		1,285		1		43
Hotel & Motel		3		2,273		—		—
Office		4		2,095		1		2,450
Retail, including Strip Centers		6		2,821		1		969
1-4 Family Residential		30		7,550		3		1,111
Life Insurance Policy		1		250		—		—
Automobile/Equipment/Inventory		3		500		1		6
Unsecured		1		50		—		—
Total		52	$	18,513		8	$	4,755
As of December 31, 2012	Accruing Loans				Non-Accruing Loans
Collateral type:	#		Balance (in  thousands)		#		Balance (in  thousands)
Warehouse		3	$	1,692		1	$	177
Raw Land		2		1,337		—		—
Hotel & Motel		3		2,318		—		—
Office		4		2,105		1		2,770
Retail, including Strip Centers		6		2,833		1		1,202
1-4 Family Residential		31		7,651		2		1,022
Life Insurance Policy		1		250		—		—
Automobile/Equipment/Inventory		4		508		—		—
Unsecured		1		50		—		—
Total		55	$	18,744		5	$	5,171
As of March 31, 2012	Accruing Loans				Non-Accruing Loans
Collateral type:	#		Balance (in  thousands)		#		Balance (in  thousands)
Apartments		1	$	5,111		—	$	—
Warehouse		1		1,343		—		—
Raw Land		4		1,595		1		137
Hotel & Motel		3		2,449		1		2,072
Office		3		1,695		1		103
Retail, including Strip Centers		9		6,657		—		—
1-4 Family Residential		25		7,998		6		2,555
Total		46	$	26,848		9	$	4,867

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 three months ended March 31, 2013, the year ended December 31, 2012 and the three months ended March 31, 2012. 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			Total
	(Dollars in thousands)
Balance, January 1, 2013	$	2,439		$	5,343		$	9,157		$	5,898		$	756		$	23,593
Provision for loan losses		254			1,467			696			339			(153	)		2,603
Loans charged off		(410	)		(655	)		(1,025	)		(779	)		(167	)		(3,036	)
Recoveries of loans previously charged off		84			2			3			85			48			222
Balance, March 31, 2013	$	2,367		$	6,157		$	8,831		$	5,543		$	484		$	23,382
Period-end amount allocated to:
Loans individually evaluated for impairment	$	675		$	641		$	1,890		$	1,203		$	—		$	4,409
Loans collectively evaluated for impairment		1,692			5,516			6,941			4,340			484			18,973
Ending balance	$	2,367		$	6,157		$	8,831		$	5,543		$	484		$	23,382
Loans:
Individually evaluated for impairment	$	3,334		$	8,281		$	19,545		$	14,069		$	—		$	45,229
Collectively evaluated for impairment		177,554			121,880			746,682			341,647			59,761			1,447,524
Ending balance	$	180,888		$	130,161		$	766,227		$	355,716		$	59,761		$	1,492,753
	Commercial, financial & agricultural			Real estate - construction & development			Real estate - commercial & farmland			Real estate - residential			Consumer installment loans and Other			Total
	(Dollars in thousands)
Balance, January 1, 2012	$	2,918		$	9,438		$	14,226		$	8,128		$	446		$	35,156
Provision for loan losses		815			5,245			15,000			6,267			1,124			28,451
Loans charged off		(1,451	)		(9,380	)		(20,551	)		(8,722	)		(1,059	)		(41,163	)
Recoveries of loans previously charged off		157			40			482			225			245			1,149
Balance, December 31, 2012	$	2,439		$	5,343		$	9,157		$	5,898		$	756		$	23,593
Period-end amount allocated to:
Loans individually evaluated for impairment	$	659		$	611		$	2,228		$	1,056		$	—		$	4,554
Loans collectively evaluated for impairment		1,780			4,732			6,929			4,842			756			19,039
Ending balance	$	2,439		$	5,343		$	9,157		$	5,898		$	756		$	23,593
Loans:
Individually evaluated for impairment	$	3,351		$	7,617		$	21,332		$	13,020		$	—		$	45,320
Collectively evaluated for impairment		170,866			106,582			710,990			333,460			83,417			1,405,315
Ending balance	$	174,217		$	114,199		$	732,322		$	346,480		$	83,417		$	1,450,635
Balance, January 1, 2012	$	2,918		$	9,438		$	14,226		$	8,128		$	446		$	35,156
Provision for loan losses		(693	)		1,967			8,585			2,002			739			12,600
Loans charged off		(155	)		(3,930	)		(12,964	)		(2,123	)		(165	)		(19,337	)
Recoveries of loans previously charged off		48			17			16			141			48			270
Balance, March 31, 2012	$	2,118		$	7,492		$	9,863		$	8,148		$	1,068		$	28,689
Period-end amount allocated to:
Loans individually evaluated for impairment	$	827		$	1,450		$	3,421		$	2,659		$	3		$	8,360
Loans collectively evaluated for impairment		1,291			6,042			6,442			5,489			1,065			20,329
Ending balance	$	2,118		$	7,492		$	9,863		$	8,148		$	1,068		$	28,689
Loans:
Individually evaluated for impairment	$	3,220		$	8,980		$	35,971		$	17,098		$	17		$	65,286
Collectively evaluated for impairment		146,100			113,351			622,083			310,955			66,069			1,258,558
Ending balance	$	149,320		$	122,331		$	658,054		$	328,053		$	66,086		$	1,323,844

Non-Covered Loan [Member]

Summary of Financial Receivable Nonaccrual Basis

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

(Dollars in Thousands)	March 31, 2013		December 31, 2012		March 31, 2012
Commercial, financial and agricultural	$	3,756	$	4,138	$	4,732
Real estate – construction and development		9,390		9,281		10,647
Real estate – commercial and farmland		9,798		11,962		21,539
Real estate – residential		13,840		12,595		14,065
Consumer installment		692		909		1,275
	$	37,476	$	38,885	$	52,258

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)	March 31, 2013		December 31, 2012		March 31, 2012
Commercial, financial and agricultural	$	8,718	$	10,765	$	14,185
Real estate – construction and development		18,956		20,027		35,170
Real estate – commercial and farmland		47,580		55,946		79,620
Real estate – residential		23,018		28,672		40,609
Consumer installment		243		302		637
	$	98,515	$	115,712	$	170,221

Summary of Past Due Financial Receivables

The following table presents an analysis of covered past due loans as of March 31, 2013, December 31, 2012 and March 31, 2012:

	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 March 31, 2013:
Commercial, financial & agricultural	$	756	$	314	$	7,270	$	8,340	$	20,228	$	28,568	$	98
Real estate – construction & development		3,971		876		17,415		22,262		34,852		57,114		—
Real estate – commercial & farmland		10,227		2,837		42,464		55,528		204,631		260,159		—
Real estate – residential		5,608		345		18,895		24,848		88,820		113,668		48
Consumer installment loans		41		11		205		257		958		1,215		—
Total	$	20,603	$	4,383	$	86,249	$	111,235	$	349,489	$	460,724	$	146

	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, 2012:
Commercial, financial & agricultural	$	2,390	$	1,105	$	10,612	$	14,107	$	18,499	$	32,606	$	98
Real estate – construction & development		1,584		2,592		19,656		23,832		46,352		70,184		1,077
Real estate – commercial & farmland		11,451		7,373		52,570		71,394		207,112		278,506		1,347
Real estate – residential		6,066		3,396		24,976		34,438		90,618		125,056		779
Consumer installment loans		45		13		258		316		1,044		1,360		—
Total	$	21,536	$	14,479	$	108,072	$	144,087	$	363,625	$	507,712	$	3,301

	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 March 31, 2012:
Commercial, financial & agricultural	$	682	$	430	$	14,229	$	15,341	$	27,816	$	43,157	$	549
Real estate – construction & development		2,704		778		32,302		35,784		57,646		93,430		909
Real estate – commercial & farmland		12,905		6,994		68,282		88,181		262,063		350,244		2,583
Real estate – residential		5,859		3,514		34,870		44,243		118,525		162,768		3
Consumer installment loans		65		68		685		818		2,960		3,778		241
Total	$	22,215	$	11,784	$	150,368	$	184,367	$	469,010	$	653,377	$	4,285

Summary of Impaired Financial Receivables

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

	As of and For the Period Ended
	March 31, 2013		December 31, 2012		March 31, 2012
	(Dollars in Thousands)
Nonaccrual loans	$	98,515	$	115,712	$	170,221
Troubled debt restructurings not included above		21,592		19,194		18,220
Total impaired loans	$	120,107	$	134,906	$	188,441
Impaired loans not requiring a related allowance	$	120,107	$	134,906	$	188,441
Impaired loans requiring a related allowance	$	—	$	—	$	—
Allowance related to impaired loans	$	—	$	—	$	—
Average investment in impaired loans	$	127,507	$	163,825	$	184,162
Interest income recognized on impaired loans	$	169	$	849	$	179
Foregone interest income on impaired loans	$	147	$	491	$	441

The following table presents an analysis of information pertaining to impaired covered loans as of March 31, 2013, December 31, 2012 and March 31, 2012:

	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment
	(Dollars in Thousands)
As of March 31, 2013:
Commercial, financial & agricultural	$	24,301	$	8,754	$	—	$	8,754	$	—	$	9,778
Real estate – construction & development		78,421		23,978		—		23,978		—		23,607
Real estate – commercial & farmland		139,197		55,822		—		55,822		—		60,026
Real estate – residential		54,422		31,310		—		31,310		—		33,823
Consumer installment loans		324		243		—		243		—		273
Total	$	296,665	$	120,107	$	—	$	120,107	$	—	$	127,507
	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment
	(Dollars in Thousands)
As of December 31, 2012:
Commercial, financial & agricultural	$	27,060	$	10,802	$	—	$	10,802	$	—	$	12,506
Real estate – construction & development		85,279		23,236		—		23,236		—		29,970
Real estate – commercial & farmland		159,493		64,231		—		64,231		—		78,790
Real estate – residential		63,559		36,335		—		36,335		—		42,061
Consumer installment loans		393		302		—		302		—		498
Total	$	335,784	$	134,906	$	—	$	134,906	$	—	$	163,825
	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment
	(Dollars in Thousands)
As of March 31, 2012:
Commercial, financial & agricultural	$	24,085	$	14,260	$	—	$	14,260	$	—	$	13,144
Real estate – construction & development		59,102		37,831		—		37,831		—		36,097
Real estate – commercial & farmland		128,389		90,847		—		90,847		—		87,793
Real estate – residential		65,971		44,866		—		44,866		—		46,573
Consumer installment loans		786		637		—		637		—		555
Total	$	278,333	$	188,441	$	—	$	188,441	$	—	$	184,162

Summary of Credit Quality Indicate Financial Receivable

The following table presents the covered loan portfolio by risk grade as of March 31, 2013:

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		—		34		1,598		638		—		—		2,270
20		3,117		11,106		36,020		27,547		266		—		78,056
23		75		1,248		9,153		1,946		—		—		12,422
25		8,135		10,184		110,985		40,863		508		—		170,675
30		2,979		4,457		35,601		8,784		50		—		51,871
40		14,262		30,085		66,802		33,890		391		—		145,430
50		—		—		—		—		—		—		—
60		—		—		—		—		—		—		—
Total	$	28,568	$	57,114	$	260,159	$	113,668	$	1,215	$	—	$	460,724

The following table presents the covered loan portfolio by risk grade as of December 31, 2012:

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		—		39		1,640		644		—		—		2,323
20		3,997		12,194		37,098		31,337		292		—		84,918
23		28		1,174		9,576		2,052		—		—		12,830
25		10,013		19,216		114,849		40,194		558		—		184,830
30		4,294		7,214		38,665		11,883		50		—		62,106
40		14,274		30,347		76,678		38,946		460		—		160,705
50		—		—		—		—		—		—		—
60		—		—		—		—		—		—		—
Total	$	32,606	$	70,184	$	278,506	$	125,056	$	1,360	$	—	$	507,712

The following table presents the covered loan portfolio by risk grade as of March 31, 2012:

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	$	216	$	9	$	—	$	1,036	$	458	$	—	$	1,719
15		26		51		1,734		579		12		—		2,402
20		4,592		5,541		24,784		17,716		622		—		53,255
23		11		1,534		3,763		1,686		—		—		6,994
25		17,075		31,707		157,031		75,809		1,550		—		283,172
30		2,400		10,628		49,518		12,044		102		—		74,692
40		18,837		43,960		113,414		53,898		1,034		—		231,143
50		—		—		—		—		—		—		—
60		—		—		—		—		—		—		—
Total	$	43,157	$	93,430	$	350,244	$	162,768	$	3,778	$	—	$	653,377

Non Covered Loan [Member]

Summary of Past Due Financial Receivables

The following table presents an analysis of non-covered past due loans as of March 31, 2013, December 31, 2012 and March 31, 2012:

	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 March 31, 2013:
Commercial, financial & agricultural	$	1,797	$	149	$	3,729	$	5,675	$	175,213	$	180,888	$	—
Real estate – construction & development		1,538		1,538		8,312		11,388		118,773		130,161		—
Real estate – commercial & farmland		11,115		3,220		9,352		23,687		742,540		766,227		—
Real estate – residential		7,686		1,719		11,699		21,104		334,612		355,716		—
Consumer installment loans		745		169		563		1,477		35,858		37,335		—
Other		—		—		—		—		22,426		22,426		—
Total	$	22,881	$	6,795	$	33,655	$	63,331	$	1,429,422	$	1,492,753	$	—

	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, 2012:
Commercial, financial & agricultural	$	258	$	312	$	3,969	$	4,539	$	169,678	$	174,217	$	—
Real estate – construction & development		347		332		8,969		9,648		104,551		114,199		—
Real estate – commercial & farmland		2,867		2,296		9,544		14,707		717,615		732,322		—
Real estate – residential		7,651		2,766		10,990		21,407		325,073		346,480		—
Consumer installment loans		702		391		815		1,908		38,270		40,178		—
Other		—		—		—		—		43,239		43,239		—
Total	$	11,825	$	6,097	$	34,287	$	52,209	$	1,398,426	$	1,450,635	$	—

	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 March 31, 2012:
Commercial, financial & agricultural	$	1,477	$	291	$	4,559	$	6,327	$	142,993	$	149,320	$	—
Real estate – construction & development		2,356		481		9,531		12,368		109,963		122,331		—
Real estate – commercial & farmland		9,991		2,412		19,646		32,049		626,005		658,054		—
Real estate – residential		3,905		6,175		13,298		23,378		304,675		328,053		—
Consumer installment loans		856		497		1,070		2,423		39,662		42,085		—
Other		—		—		—		—		24,001		24,001		—
Total	$	18,585	$	9,856	$	48,104	$	76,545	$	1,247,299	$	1,323,844	$	—

Summary of Impaired Financial Receivables

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

	As of and For the Period Ended
	March 31, 2013		December 31, 2012		March 31, 2012
	(Dollars in Thousands)
Nonaccrual loans	$	37,476	$	38,885	$	52,258
Troubled debt restructurings not included above		18,513		18,744		26,848
Total impaired loans	$	55,989	$	57,629	$	79,106
Impaired loans not requiring a related allowance	$	—	$	—	$	—
Impaired loans requiring a related allowance	$	55,989	$	57,629	$	79,106
Allowance related to impaired loans	$	4,839	$	5,115	$	9,500
Average investment in impaired loans	$	56,808	$	70,209	$	83,940
Interest income recognized on impaired loans	$	78	$	495	$	57
Foregone interest income on impaired loans	$	54	$	718	$	187

The following table presents an analysis of information pertaining to non-covered impaired loans as of March 31, 2013, December 31, 2012 and March 31, 2012:

	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment
	(Dollars in Thousands)
As of March 31, 2013:
Commercial, financial & agricultural	$	7,818	$	—	$	4,555	$	4,555	$	740	$	4,747
Real estate – construction & development		20,633		—		11,273		11,273		922		11,144
Real estate – commercial & farmland		22,996		—		18,676		18,676		1,816		19,793
Real estate – residential		24,777		—		20,792		20,792		1,344		20,320
Consumer installment loans		920		—		693		693		17		804
Total	$	77,144	$	—	$	55,989	$	55,989	$	4,839	$	56,808

	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment
	(Dollars in Thousands)
As of December 31, 2012:
Commercial, financial & agricultural	$	8,024	$	—	$	4,940	$	4,940	$	743	$	4,968
Real estate – construction & development		20,316		—		11,016		11,016		910		11,706
Real estate – commercial & farmland		25,076		—		20,910		20,910		2,191		30,638
Real estate – residential		24,155		—		19,848		19,848		1,246		21,813
Consumer installment loans		1,187		—		915		915		25		1,084
Total	$	78,758	$	—	$	57,629	$	57,629	$	5,115	$	70,209

	Unpaid Contractual Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Total Recorded Investment		Related Allowance		Average Recorded Investment
	(Dollars in Thousands)
As of March 31, 2012:
Commercial, financial & agricultural	$	7,599	$	—	$	4,732	$	4,732	$	932	$	4,921
Real estate – construction & development		20,593		—		11,952		11,952		1,993		13,812
Real estate – commercial & farmland		45,098		—		39,304		39,304		3,615		42,155
Real estate – residential		24,845		—		21,843		21,843		2,928		21,948
Consumer installment loans		1,391		—		1,275		1,275		32		1,104
Total	$	99,526	$	—	$	79,106	$	79,106	$	9,500	$	83,940

Summary of Credit Quality Indicate Financial Receivable

The following table presents the non-covered loan portfolio by risk grade as of March 31, 2013:

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	$	32,223	$	—	$	304	$	500	$	7,241	$	—	$	40,268
15		11,569		4,794		146,563		68,212		1,635		—		232,773
20		75,503		34,947		385,984		127,294		19,623		22,426		665,777
23		45		6,606		8,970		13,662		120		—		29,403
25		52,631		66,012		187,567		112,096		7,340		—		425,646
30		3,324		6,004		12,334		10,573		250		—		32,485
40		5,494		11,643		24,505		23,379		1,126		—		66,147
50		99		155		—		—		—		—		254
60		—		—		—		—		—		—		—
Total	$	180,888	$	130,161	$	766,227	$	355,716	$	37,335	$	22,426	$	1,492,753

The following table presents the non-covered loan portfolio by risk grade as of December 31, 2012:

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	$	24,623	$	—	$	309	$	464	$	7,597	$	—	$	32,993
15		11,316		4,373		147,966		71,254		1,591		—		236,500
20		79,522		31,413		351,997		114,418		21,361		43,239		641,950
23		42		8,521		9,012		13,788		70		—		31,433
25		49,071		52,577		176,395		113,591		7,576		—		399,210
30		2,343		3,394		19,401		9,672		488		—		35,298
40		7,200		13,765		27,242		23,292		1,495		—		72,994
50		100		156		—		1		—		—		257
60		—		—		—		—		—		—		—
Total	$	174,217	$	114,199	$	732,322	$	346,480	$	40,178	$	43,239	$	1,450,635

The following table presents the non-covered loan portfolio by risk grade as of March 31, 2012:

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	$	18,767	$	19	$	211	$	415	$	7,042	$	—	$	26,454
15		14,063		5,402		155,568		80,623		1,198		—		256,854
20		63,200		33,805		269,746		85,022		19,478		24,001		495,252
23		265		8,458		9,188		11,719		1		—		29,631
25		44,035		58,943		164,642		107,530		11,983		—		387,133
30		3,148		1,955		20,551		16,135		540		—		42,329
40		5,716		13,459		38,148		26,515		1,828		—		85,666
50		123		290		—		94		15		—		522
60		3		—		—		—		—		—		3
Total	$	149,320	$	122,331	$	658,054	$	328,053	$	42,085	$	24,001	$	1,323,844