Summary of Loan Balances |
A summary of loan balances follows (in thousands):
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September 30, 2015 |
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Originated |
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PNCI |
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PCI -
Cash basis |
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PCI -
Other |
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Total |
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Mortgage loans on real estate:
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|
|
|
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|
|
|
|
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|
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Residential 1-4 family
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|
$ |
191,626 |
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$ |
108,267 |
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|
|
— |
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|
$ |
2,212 |
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|
$ |
302,105 |
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Commercial
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|
1,102,277 |
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|
|
325,942 |
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|
|
— |
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|
|
26,758 |
|
|
|
1,454,977 |
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Total mortgage loan on real estate
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1,293,903 |
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|
434,209 |
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— |
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|
28,970 |
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|
1,757,082 |
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Consumer:
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|
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|
|
|
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Home equity lines of credit
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|
291,807 |
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|
31,315 |
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$ |
5,212 |
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|
3,355 |
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|
331,689 |
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Home equity loans
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|
32,585 |
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|
4,161 |
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|
124 |
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|
1,495 |
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|
38,365 |
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Other
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|
29,447 |
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|
|
3,516 |
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|
|
— |
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|
|
64 |
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|
|
33,027 |
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Total consumer loans
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353,839 |
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|
38,992 |
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|
5,336 |
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|
4,914 |
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|
|
403,081 |
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Commercial
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|
172,714 |
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|
21,623 |
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3 |
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|
4,990 |
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|
199,330 |
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Construction:
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Residential
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30,412 |
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|
14,925 |
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— |
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|
730 |
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|
46,067 |
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Commercial
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|
53,279 |
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|
10,727 |
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— |
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— |
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|
64,006 |
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Total construction
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83,691 |
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|
25,652 |
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— |
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|
730 |
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|
110,073 |
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Total loans, net of deferred loan fees and discounts
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$ |
1,904,147 |
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$ |
520,476 |
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$ |
5,339 |
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$ |
39,604 |
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$ |
2,469,566 |
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Total principal balance of loans owed, net of charge-offs
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$ |
1,910,379 |
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$ |
534,973 |
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$ |
13,249 |
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$ |
45,503 |
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$ |
2,504,104 |
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Unamortized net deferred loan fees
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|
(6,232 |
) |
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— |
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|
— |
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— |
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|
|
(6,232 |
) |
Discounts to principal balance of loans owed, net of
charge-offs
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— |
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|
(14,497 |
) |
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|
(7,910 |
) |
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|
(5,899 |
) |
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(28,306 |
) |
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Total loans, net of unamortized deferred loan fees and
discounts
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$ |
1,904,147 |
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|
$ |
520,476 |
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$ |
5,339 |
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$ |
39,604 |
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$ |
2,469,566 |
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Noncovered loans
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$ |
1,904,147 |
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$ |
520,476 |
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$ |
5,339 |
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$ |
33,718 |
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$ |
2,463,680 |
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Covered loans
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— |
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— |
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— |
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|
|
5,886 |
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|
5,886 |
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Total loans, net of unamortized deferred loan fees and
discounts
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|
$ |
1,904,147 |
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|
$ |
520,476 |
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$ |
5,339 |
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$ |
39,604 |
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$ |
2,469,566 |
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Allowance for loan losses
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$ |
30,340 |
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$ |
2,339 |
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$ |
310 |
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$ |
3,529 |
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$ |
36,518 |
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A summary of loan balances follows (in thousands):
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December 31, 2014 |
|
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|
Originated |
|
|
PNCI |
|
|
PCI -
Cash basis |
|
|
PCI -
Other |
|
|
Total |
|
Mortgage loans on real estate:
|
|
|
|
|
|
|
|
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|
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Residential 1-4 family
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|
$ |
154,594 |
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|
$ |
120,821 |
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|
— |
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|
$ |
4,005 |
|
|
$ |
279,420 |
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Commercial
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|
928,797 |
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|
376,225 |
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|
— |
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|
|
30,917 |
|
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|
1,335,939 |
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Total mortgage loan on real estate
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|
1,083,391 |
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|
497,046 |
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|
— |
|
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|
34,922 |
|
|
|
1,615,359 |
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Consumer:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Home equity lines of credit
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|
|
305,166 |
|
|
|
38,397 |
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|
$ |
5,478 |
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|
3,543 |
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|
352,584 |
|
Home equity loans
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|
23,559 |
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|
6,985 |
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|
125 |
|
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|
645 |
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|
31,314 |
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Auto Indirect
|
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|
112 |
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— |
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— |
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— |
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|
112 |
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Other
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|
28,230 |
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|
4,770 |
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— |
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|
74 |
|
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|
33,074 |
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Total consumer loans
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357,067 |
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|
50,152 |
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|
5,603 |
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|
4,262 |
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|
417,084 |
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Commercial
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|
|
126,611 |
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|
40,899 |
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|
8 |
|
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|
7,427 |
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|
174,945 |
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Construction:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Residential
|
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|
21,135 |
|
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|
16,808 |
|
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|
— |
|
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|
675 |
|
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|
38,618 |
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Commercial
|
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|
24,545 |
|
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|
11,973 |
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— |
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— |
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|
36,518 |
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Total construction
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|
45,680 |
|
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|
28,781 |
|
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|
— |
|
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|
675 |
|
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|
75,136 |
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|
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|
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Total loans, net of deferred loan fees and discounts
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|
$ |
1,612,749 |
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|
$ |
616,878 |
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|
$ |
5,611 |
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|
$ |
47,286 |
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|
$ |
2,282,524 |
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|
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|
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|
|
|
|
|
|
|
|
|
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Total principal balance of loans owed, net of charge-offs
|
|
$ |
1,617,542 |
|
|
$ |
634,490 |
|
|
$ |
14,805 |
|
|
$ |
56,016 |
|
|
$ |
2,322,853 |
|
Unamortized net deferred loan fees
|
|
|
(4,793 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(4,793 |
) |
Discounts to principal balance of loans owed, net of
charge-offs
|
|
|
— |
|
|
|
(17,612 |
) |
|
|
(9,194 |
) |
|
|
(8,730 |
) |
|
|
(35,536 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
Total loans, net of unamortized deferred loan fees and
discounts
|
|
$ |
1,612,749 |
|
|
$ |
616,878 |
|
|
$ |
5,611 |
|
|
$ |
47,286 |
|
|
$ |
2,282,524 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Noncovered loans
|
|
$ |
1,612,749 |
|
|
$ |
616,878 |
|
|
$ |
5,611 |
|
|
$ |
25,018 |
|
|
$ |
2,260,256 |
|
Covered loans
|
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
22,268 |
|
|
|
22,268 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total loans, net of unamortized deferred loan fees and
discounts
|
|
$ |
1,612,749 |
|
|
$ |
616,878 |
|
|
$ |
5,611 |
|
|
$ |
47,286 |
|
|
$ |
2,282,524 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for loan losses
|
|
$ |
(29,860 |
) |
|
$ |
(3,296 |
) |
|
$ |
(348 |
) |
|
$ |
(3,081 |
) |
|
$ |
(36,585 |
) |
|