Loans (Tables)

9 Months Ended

Sep. 30, 2018

Receivables [Abstract]

Summary of Loan Balances

A summary of loan balances follows (in thousands):

	September 30, 2018
	Originated			PNCI			PCI			Total
Mortgage loans on real estate:
Residential 1-4 family	$	340,515		$	182,201		$	1,698		$	524,414
Commercial		1,863,604			736,299			7,885			2,607,788
Total mortgage loans on real estate		2,204,119			918,500			9,583			3,132,202
Consumer:
Home equity lines of credit		284,956			44,881			1,299			331,136
Home equity loans		35,556			4,690			447			40,693
Other		26,294			23,120			42			49,456
Total consumer loans		346,806			72,691			1,788			421,285
Commercial		234,741			52,479			2,427			289,647
Construction:
Residential		81,533			33,041			—			114,574
Commercial		63,508			6,220			—			69,728
Total construction		145,041			39,261			—			184,302
Total loans, net of deferred loan fees and discounts	$	2,930,707		$	1,082,931		$	13,798		$	4,027,436
Total principal balance of loans owed, net of charge-offs	$	2,940,897		$	1,120,654		$	21,007		$	4,082,558
Unamortized net deferred loan fees		(10,190	)		—			—			(10,190	)
Discounts to principal balance of loans owed, net of charge-offs		—			(37,723	)		(7,209	)		(44,932	)
Total loans, net of unamortized deferred loan fees and discounts	$	2,930,707		$	1,082,931		$	13,798		$	4,027,436
Allowance for loan losses	$	(30,927	)	$	(566	)	$	(110	)	$	(31,603	)
	December 31, 2017
	Originated			PNCI			PCI			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			2,498			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			3,028			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		$	15,560		$	3,015,165
Total principal balance of loans owed, net of charge-offs	$	2,699,053		$	316,238		$	23,181		$	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	)		(7,621	)		(14,656	)
Total loans, net of unamortized deferred loan fees and discounts	$	2,690,402		$	309,203		$	15,560		$	3,015,165
Allowance for loan losses	$	(29,122	)	$	(929	)	$	(272	)	$	(30,323	)

Change in Accretable Yield for PCI

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

	Three months ended September 30,						Nine months ended September 30,
	2018			2017			2018			2017
Change in accretable yield:
Balance at beginning of period	$	3,996		$	7,956		$	4,262		$	10,348
Accretion to interest income		(253	)		(594	)		(769	)		(2,554	)
Reclassification (to) from nonaccretable difference		(47	)		(2,893	)		203			(3,325	)
Balance at end of period	$	3,696		$	4,469		$	3,696		$	4,469