Loans

12 Months Ended

Dec. 31, 2017

Receivables [Abstract]

Loans

Note 4 – Loans

A summary of loan balances follows (in thousands):

	December 31, 2017
	Originated			PNCI			PCI - Cash basis			PCI - Other			Total
Mortgage loans on real estate:
Residential 1-4 family	$	320,522		$	63,519			—		$	1,385		$	385,426
Commercial		1,690,510			215,823			—			8,563			1,914,896
Total mortgage loan on real estate		2,011,032			279,342			—			9,948			2,300,322
Consumer:
Home equity lines of credit		269,942			16,248			2,069			429			288,688
Home equity loans		39,848			2,698			—			485			43,031
Other		22,859			2,251			—			45			25,155
Total consumer loans		332,649			21,197			2,069			959			356,874
Commercial		209,437			8,391			—			2,584			220,412
Construction:
Residential		67,920			10			—			—			67,930
Commercial		69,364			263			—			—			69,627
Total construction		137,284			273			—			—			137,557
Total loans, net of deferred loan fees and discounts	$	2,690,402		$	309,203		$	2,069		$	13,491		$	3,015,165
Total principal balance of loans owed, net of charge-offs	$	2,699,053		$	316,238		$	5,863		$	17,318		$	3,038,472
Unamortized net deferred loan fees		(8,651	)		—			—			—			(8,651	)
Discounts to principal balance of loans owed, net of charge-offs		—			(7,035	)		(3,794	)		(3,827	)		(14,656	)
Total loans, net of unamortized deferred loan fees and discounts	$	2,690,402		$	309,203		$	2,069		$	13,491		$	3,015,165
Noncovered loans	$	2,690,402		$	309,203		$	2,069		$	13,491		$	3,015,165
Covered loans		—			—			—			—			—
Total loans, net of unamortized deferred loan fees and discounts	$	2,690,402		$	309,203		$	2,069		$	13,491		$	3,015,165
Allowance for loan losses	$	(29,122	)	$	(929	)	$	(17	)	$	(255	)	$	(30,323	)

A summary of loan balances follows (in thousands):

	December 31, 2016
	Originated			PNCI			PCI - Cash basis			PCI - Other			Total
Mortgage loans on real estate:
Residential 1-4 family	$	284,539		$	82,335			—		$	1,469		$	368,343
Commercial		1,425,828			246,491			—			12,802			1,685,121
Total mortgage loan on real estate		1,710,367			328,826			—			14,271			2,053,464
Consumer:
Home equity lines of credit		263,590			21,765			2,983			1,377			289,715
Home equity loans		40,736			3,764			—			1,682			46,182
Other		28,167			2,534			—			65			30,766
Total consumer loans		332,493			28,063			2,983			3,124			366,663
Commercial		200,735			12,321			—			3,991			217,047
Construction:
Residential		54,613			141			—			675			55,429
Commercial		58,119			8,871			—			—			66,990
Total construction		112,732			9,012			—			675			122,419
Total loans, net of deferred loan fees and discounts	$	2,356,327		$	378,222		$	2,983		$	22,061		$	2,759,593
Total principal balance of loans owed, net of charge-offs	$	2,363,243		$	388,139		$	8,280		$	25,650		$	2,785,312
Unamortized net deferred loan fees		(6,916	)		—			—			—			(6,916	)
Discounts to principal balance of loans owed, net of charge-offs		—			(9,917	)		(5,297	)		(3,589	)		(18,803	)
Total loans, net of unamortized deferred loan fees and discounts	$	2,356,327		$	378,222		$	2,983		$	22,061		$	2,759,593
Noncovered loans	$	2,356,327		$	378,222		$	2,983		$	18,885		$	2,756,417
Covered loans		—			—			—			3,176			3,176
Total loans, net of unamortized deferred loan fees and discounts	$	2,356,327		$	378,222		$	2,983		$	22,061		$	2,759,593
Allowance for loan losses	$	(28,141	)	$	(1,665	)	$	(17	)	$	(2,680	)	$	(32,503	)

The following is a summary of the change in accretable yield for PCI – other loans during the periods indicated (in thousands):

	Year ended December 31,
	2017			2016
Change in accretable yield:
Balance at beginning of period	$	10,348		$	13,255
Accretion to interest income		(2,809	)		(4,011	)
Reclassification (to) from nonaccretable difference		(3,277	)		1,104
Balance at end of period	$	4,262		$	10,348