XML 39 R28.htm IDEA: XBRL DOCUMENT v3.19.1
Allowance for Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2019
Receivables [Abstract]  
Summary of Activity in Allowance for Loan Losses, and Ending Balance of Loans, Net of Unearned Fees for Periods Indicated
The following tables summarize the activity in the allowance for loan losses, and ending balance of loans, net of unearned fees for the periods indicated.
 
 
 
Allowance for Loan Losses – Three Months Ended March 31, 2019
 
(in thousands)
 
Beginning

Balance
 
 
Charge-offs
 
 
Recoveries
 
 
Provision

(benefit)
 
 
Ending Balance
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
2,676
 
 
$
—
 
 
$
2
 
 
$
(178
)
 
$
2,500
 
Commercial
 
 
12,944
 
 
 
—
 
 
 
1,381
 
 
 
(1,995
)
 
 
12,330
 
Total mortgage loans on real estate
 
 
15,620
 
 
 
—
 
 
 
1,383
 
 
 
(2,173
)
 
 
14,830
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
6,042
 
 
 
—
 
 
 
95
 
 
 
(122
)
 
 
6,015
 
Home equity loans
 
 
1,540
 
 
 
—
 
 
 
87
 
 
 
(341
)
 
 
1,286
 
Other
 
 
793
 
 
 
(207
)
 
 
75
 
 
 
379
 
 
 
1,040
 
Total consumer loans
 
 
8,375
 
 
 
(207
)
 
 
257
 
 
 
(84
)
 
 
8,341
 
Commercial
 
 
6,090
 
 
 
(519
)
 
 
168
 
 
 
339
 
 
 
6,078
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
1,834
 
 
 
—
 
 
 
—
 
 
 
574
 
 
 
2,408
 
Commercial
 
 
663
 
 
 
—
 
 
 
—
 
 
 
(256
)
 
 
407
 
Total construction
 
 
2,497
 
 
 
—
 
 
 
—
 
 
 
318
 
 
 
2,815
 
Total
 
$
32,582
 
 
$
(726
)
 
$
1,808
 
 
$
(1,600
)
 
$
32,064
 
 
 
 
Allowance for Loan Losses – As of March 31, 2019
 
(in thousands)
 
Loans pooled

for evaluation
 
 
Individually

evaluated for

impairment
 
 
Loans acquired

with deteriorated

credit quality
 
 
Total
allowance

for loan losses
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
2,445
 
 
$
55
 
 
$
—
 
 
$
2,500
 
Commercial
 
 
12,293
 
 
 
36
 
 
 
1
 
 
 
12,330
 
Total mortgage loans on real estate
 
 
14,738
 
 
 
91
 
 
 
1
 
 
 
14,830
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
5,879
 
 
 
130
 
 
 
6
 
 
 
6,015
 
Home equity loans
 
 
1,216
 
 
 
70
 
 
 
—
 
 
 
1,286
 
Other
 
 
1,023
 
 
 
17
 
 
 
—
 
 
 
1,040
 
Total consumer loans
 
 
8,118
 
 
 
217
 
 
 
6
 
 
 
8,341
 
Commercial
 
 
4,636
 
 
 
1,442
 
 
 
—
 
 
 
6,078
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
2,408
 
 
 
—
 
 
 
—
 
 
 
2,408
 
Commercial
 
 
407
 
 
 
—
 
 
 
—
 
 
 
407
 
Total construction
 
 
2,815
 
 
 
—
 
 
 
—
 
 
 
2,815
 
Total
 
$
30,307
 
 
$
1,750
 
 
$
7
 
 
$
32,064
 
 
 
 
Loans, Net of Unearned fees – As of March 31, 2019
 
(in thousands)
 
Loans pooled

for evaluation
 
 
Individually

evaluated for

impairment
 
 
Loans acquired

with deteriorated

credit quality
 
 
Total loans, net

of unearned fees
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
517,038
 
 
$
3,789
 
 
$
1,585
 
 
$
522,412
 
Commercial
   
 
 
2,592,994
 
 
 
7,911
 
 
 
6,022
 
 
 
2,606,927
 
Total mortgage loans on real estate
 
 
3,110,032
 
 
 
11,700
 
 
 
7,607
 
 
 
3,129,339
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
314,609
 
 
 
2,556
 
 
 
1,088
 
 
 
318,253
 
Home equity loans
 
 
32,618
 
 
 
1,983
 
 
 
436
 
 
 
35,037
 
Other
 
 
64,891
 
 
 
130
 
 
 
41
 
 
 
65,062
 
Total consumer loans
 
 
412,118
 
 
 
4,669
 
 
 
1,565
 
 
 
418,352
 
Commercial
 
 
261,933
 
 
 
4,676
 
 
 
2,554
 
 
 
269,163
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
145,784
 
 
 
—
 
 
 
—
 
 
 
145,784
 
Commercial
 
 
71,693
 
 
 
—
 
 
 
—
 
 
 
71,693
 
Total construction
 
 
217,477
 
 
 
—
 
 
 
—
 
 
 
217,477
 
Total
 
$
4,001,560
 
 
$
21,045
 
 
$
11,726
 
 
$
4,034,331
 
  
 
 
Allowance for Loan Losses – Year Ended December 31, 2018
 
(in thousands)
 
Beginning
Balance
 
 
Charge-offs
 
 
Recoveries
 
 
Provision
(benefit)
 
 
Ending
Balance
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
2,317
 
 
$
(77
)
 
$
—
 
 
$
436
 
 
$
2,676
 
Commercial
 
 
11,441
 
 
 
(15
)
 
 
68
 
 
 
1,450
 
 
 
12,944
 
Total mortgage loans on real estate
 
 
13,758
 
 
 
(92
)
 
 
68
 
 
 
1,886
 
 
 
15,620
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
5,800
 
 
 
(277
)
 
 
846
 
 
 
(327
)
 
 
6,042
 
Home equity loans
 
 
1,841
 
 
 
(24
)
 
 
297
 
 
 
(574
)
 
 
1,540
 
Other
 
 
586
 
 
 
(783
)
 
 
288
 
 
 
702
 
 
 
793
 
Total consumer loans
 
 
8,227
 
 
 
(1,084
)
 
 
1,431
 
 
 
(199
)
 
 
8,375
 
Commercial
 
 
6,512
 
 
 
(1,188
)
 
 
541
 
 
 
225
 
 
 
6,090
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
1,184
 
 
 
—
 
 
 
—
 
 
 
650
 
 
 
1,834
 
Commercial
 
 
642
 
 
 
—
 
 
 
—
 
 
 
21
 
 
 
663
 
Total construction
 
 
1,826
 
 
 
—
 
 
 
—
 
 
 
671
 
 
 
2,497
 
Total
 
$
30,323
 
 
$
(2,364
)
 
$
2,040
 
 
$
2,583
 
 
$
32,582
 
 
 
 
Allowance for Loan Losses – As of December 31, 2018
 
(in thousands)
 
Loans pooled
for evaluation
 
 
Individually
evaluated for
impairment
 
 
Loans acquired
with deteriorated
credit quality
 
 
Total allowance
for loan losses
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
2,620
 
 
$
56
 
 
$
—
 
 
$
2,676
 
Commercial
 
 
12,737
 
 
 
91
 
 
 
116
 
 
 
12,944
 
Total mortgage loans on real estate
 
 
15,357
 
 
 
147
 
 
 
116
 
 
 
15,620
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
5,838
 
 
 
198
 
 
 
6
 
 
 
6,042
 
Home equity loans
 
 
1,486
 
 
 
54
 
 
 
—
 
 
 
1,540
 
Other
 
 
779
 
 
 
14
 
 
 
—
 
 
 
793
 
Total consumer loans
 
 
8,103
 
 
 
266
 
 
 
6
 
 
 
8,375
 
Commercial
 
 
4,309
 
 
 
1,781
 
 
 
—
 
 
 
6,090
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
1,834
 
 
 
—
 
 
 
—
 
 
 
1,834
 
Commercial
 
 
663
 
 
 
—
 
 
 
—
 
 
 
663
 
Total construction
 
 
2,497
 
 
 
—
 
 
 
—
 
 
 
2,497
 
Total
 
$
30,266
 
 
$
2,194
 
 
$
122
 
 
$
32,582
 
 
 
 
 
 
  
 
Loans, Net of Unearned fees – As of December 31, 2018
 
(in thousands)
 
Loans pooled
for evaluation
 
 
Individually
evaluated for
impairment
 
 
Loans acquired
with deteriorated
credit quality
 
 
Total loans, net
of unearned fees
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
509,267
 
 
$
4,321
 
 
$
1,674
 
 
$
515,262
 
Commercial
 
 
2,606,819
 
 
 
12,563
 
 
 
8,456
 
 
 
2,627,838
 
Total mortgage loans on real estate
 
 
3,116,086
 
 
 
16,884
 
 
 
10,130
 
 
 
3,143,100
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
322,764
 
 
 
2,646
 
 
 
1,167
 
 
 
326,577
 
Home equity loans
 
 
33,142
 
 
 
3,103
 
 
 
439
 
 
 
36,684
 
Other
 
 
55,483
 
 
 
196
 
 
 
42
 
 
 
55,721
 
Total consumer loans
 
 
411,389
 
 
 
5,945
 
 
 
1,648
 
 
 
418,982
 
Commercial
 
 
268,885
 
 
 
5,218
 
 
 
2,445
 
 
 
276,548
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
121,296
 
 
 
—
 
 
 
—
 
 
 
121,296
 
Commercial
 
 
62,088
 
 
 
—
 
 
 
—
 
 
 
62,088
 
Total construction
 
 
183,384
 
 
 
—
 
 
 
—
 
 
 
183,384
 
Total
 
$
3,979,744
 
 
$
28,047
 
 
$
14,223
 
 
$
4,022,014
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for Loan Losses – Three Months Ended March 31, 2018
 
(in thousands)
 
Beginning
Balance
 
 
Charge-offs
 
 
Recoveries
 
 
Provision
(benefit)
 
 
Ending Balance
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
2,317
 
 
$
(1
)
 
$
—
 
 
$
(146
)
 
$
2,170
 
Commercial
 
 
11,441
 
 
 
—
 
 
 
15
 
 
 
39
 
 
 
11,495
 
Total mortgage loans on real estate
 
 
13,758
 
 
 
(1
)
 
 
15
 
 
 
(107
)
 
 
13,665
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
5,800
 
 
 
(80
)
 
 
209
 
 
 
(517
)
 
 
5,412
 
Home equity loans
 
 
1,841
 
 
 
—
 
 
 
14
 
 
 
(119
)
 
 
1,736
 
Other
 
 
586
 
 
 
(194
)
 
 
78
 
 
 
100
 
 
 
570
 
Total consumer loans
 
 
8,227
 
 
 
(274
)
 
 
301
 
 
 
(536
)
 
 
7,718
 
Commercial
 
 
6,512
 
 
 
(205
)
 
 
50
 
 
 
35
 
 
 
6,392
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
1,184
 
 
 
—
 
 
 
—
 
 
 
167
 
 
 
1,351
 
Commercial
 
 
642
 
 
 
—
 
 
 
—
 
 
 
205
 
 
 
847
 
Total construction
 
 
1,826
 
 
 
—
 
 
 
—
 
 
 
372
 
 
 
2,198
 
Total
 
$
30,323
 
 
$
(480
)
 
$
366
 
 
$
(236
)
 
$
29,973
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for Loan Losses – As of March 31, 2018
 
(in thousands)
 
Loans pooled

for evaluation
 
 
Individually

evaluated for

impairment
 
 
Loans acquired

with deteriorated

credit quality
 
 
Total allowance

for loan losses
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
1,910
 
 
$
190
 
 
$
70
 
 
$
2,170
 
Commercial
 
 
11,281
 
 
 
154
 
 
 
60
 
 
 
11,495
 
Total mortgage loans on real estate
 
 
13,191
 
 
 
344
 
 
 
130
 
 
 
13,665
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
4,956
 
 
 
448
 
 
 
8
 
 
 
5,412
 
Home equity loans
 
 
1,606
 
 
 
130
 
 
 
—
 
 
 
1,736
 
Other
 
 
514
 
 
 
56
 
 
 
—
 
 
 
570
 
Total consumer loans
 
 
7,076
 
 
 
634
 
 
 
8
 
 
 
7,718
 
Commercial
 
 
4,249
 
 
 
2,113
 
 
 
30
 
 
 
6,392
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
1,351
 
 
 
—
 
 
 
—
 
 
 
1,351
 
Commercial
 
 
847
 
 
 
—
 
 
 
—
 
 
 
847
 
Total construction
 
 
2,198
 
 
 
—
 
 
 
—
 
 
 
2,198
 
Total
 
$
26,714
 
 
$
3,091
 
 
$
168
 
 
$
29,973
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans, Net of Unearned fees – As of March 31, 2018
 
(in thousands)
 
Loans pooled

for evaluation
 
 
Individually

evaluated for

impairment
 
 
Loans acquired

with deteriorated

credit quality
 
 
Total loans, net
of unearned fees
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
378,832
 
 
$
5,535
 
 
$
1,744
 
 
$
386,111
 
Commercial
 
 
1,954,120
 
 
 
11,110
 
 
 
8,038
 
 
 
1,973,268
 
Total mortgage loans on real estate
 
 
2,332,952
 
 
 
16,645
 
 
 
9,782
 
 
 
2,359,379
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
279,140
 
 
 
2,450
 
 
 
1,661
 
 
 
283,251
 
Home equity loans
 
 
39,774
 
 
 
1,673
 
 
 
485
 
 
 
41,932
 
Other
 
 
23,285
 
 
 
278
 
 
 
43
 
 
 
23,606
 
Total consumer loans
 
 
342,199
 
 
 
4,401
 
 
 
2,189
 
 
 
348,789
 
Commercial
 
 
208,889
 
 
 
4,621
 
 
 
2,505
 
 
 
216,015
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
71,462
 
 
 
136
 
 
 
—
 
 
 
71,598
 
Commercial
 
 
73,952
 
 
 
—
 
 
 
—
 
 
 
73,952
 
Total construction
 
 
145,414
 
 
 
136
 
 
 
—
 
 
 
145,550
 
Total
 
$
3,029,454
 
 
$
25,803
 
 
$
14,476
 
 
$
3,069,733
 
 
 
 
 
 
 
 
 
 
 
Schedule Credit Quality Indicators
The following tables present ending loan balances by loan category and risk grade for the periods indicated:
 
 
 
Credit Quality Indicators Originated Loans– As of March 31, 2019
 
(in thousands)
 
Pass
 
 
Special

Mention
 
 
Substandard
 
 
Doubtful
/ Loss
 
 
Total Originated

Loans
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
350,256
 
 
$
1,807
 
 
$
5,496
 
 
$
—
 
 
$
357,559
 
Commercial
 
 
1,886,958
 
 
 
33,094
 
 
 
9,456
 
 
 
—
 
 
 
1,929,508
 
Total mortgage loans on real estate
 
 
2,237,214
 
 
 
34,901
 
 
 
14,952
 
 
 
—
 
 
 
2,287,067
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
273,144
 
 
 
2,867
 
 
 
3,064
 
 
 
—
 
 
 
279,075
 
Home equity loans
 
 
27,328
 
 
 
1,533
 
 
 
2,384
 
 
 
—
 
 
 
31,245
 
Other
 
 
44,611
 
 
 
309
 
 
 
100
 
 
 
—
 
 
 
45,020
 
Total consumer loans
 
 
345,083
 
 
 
4,709
 
 
 
5,548
 
 
 
—
 
 
 
355,340
 
Commercial
 
 
214,758
 
 
 
7,896
 
 
 
4,660
 
 
 
—
 
 
 
227,314
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
115,432
 
 
 
—
 
 
 
256
 
 
 
—
 
 
 
115,688
 
Commercial
 
 
64,238
 
 
 
338
 
 
 
—
 
 
 
—
 
 
 
64,576
 
Total construction
 
 
179,670
 
 
 
338
 
 
 
256
 
 
 
—
 
 
 
180,264
 
Total loans
 
$
2,976,725
 
 
$
47,844
 
 
$
25,416
 
 
$
—
 
 
$
3,049,985
 
 
         
 
 
 
Credit Quality Indicators PNCI Loans – As of March 31, 2019
 
(in thousands)
 
Pass
 
 
Special

Mention
 
 
Substandard
 
 
Doubtful / Loss
 
 
Total PNCI

Loans
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
161,351
 
 
$
1,109
 
 
$
808
 
 
$
—
 
 
$
163,268
 
Commercial
 
 
665,630
 
 
 
2,727
 
 
 
3,040
 
 
 
—
 
 
 
671,397
 
Total mortgage loans on real estate
 
 
826,981
 
 
 
3,836
 
 
 
3,848
 
 
 
—
 
 
 
834,665
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
35,888
 
 
 
925
 
 
 
1,277
 
 
 
—
 
 
 
38,090
 
Home equity loans
 
 
3,174
 
 
 
98
 
 
 
84
 
 
 
—
 
 
 
3,356
 
Other
 
 
19,790
 
 
 
208
 
 
 
3
 
 
 
—
 
 
 
20,001
 
Total consumer loans
 
 
58,852
 
 
 
1,231
 
 
 
1,364
 
 
 
—
 
 
 
61,447
 
Commercial
 
 
38,762
 
 
 
201
 
 
 
332
 
 
 
—
 
 
 
39,295
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
30,096
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
30,096
 
Commercial
 
 
6,872
 
 
 
—
 
 
 
245
 
 
 
—
 
 
 
7,117
 
Total construction
 
 
36,968
 
 
 
—
 
 
 
245
 
 
 
—
 
 
 
37,213
 
Total loans
 
$
961,563
 
 
$
5,268
 
 
$
5,789
 
 
$
—
 
 
$
972,620
 
 
 
 
Credit Quality Indicators Originated Loans– As of December 31, 2018
 
(in thousands)
 
Pass
 
 
Special

Mention
 
 
Substandard
 
 
Doubtful / Loss
 
 
Total Originated

Loans
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
337,189
 
 
$
1,724
 
 
$
4,883
 
 
$
—
 
 
$
343,796
 
Commercial
 
 
1,861,627
 
 
 
33,483
 
 
 
15,871
 
 
 
—
 
 
 
1,910,981
 
Total mortgage loans on real estate
 
 
2,198,816
 
 
 
35,207
 
 
 
20,754
 
 
 
—
 
 
 
2,254,777
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
279,491
 
 
 
2,309
 
 
 
2,653
 
 
 
—
 
 
 
284,453
 
Home equity loans
 
 
29,289
 
 
 
1,054
 
 
 
2,317
 
 
 
—
 
 
 
32,660
 
Other
 
 
33,606
 
 
 
341
 
 
 
73
 
 
 
—
 
 
 
34,020
 
Total consumer loans
 
 
342,386
 
 
 
3,704
 
 
 
5,043
 
 
 
—
 
 
 
351,133
 
Commercial
 
 
217,126
 
 
 
6,127
 
 
 
5,382
 
 
 
—
 
 
 
228,635
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
90,412
 
 
 
32
 
 
 
259
 
 
 
—
 
 
 
90,703
 
Commercial
 
 
55,863
 
 
 
345
 
 
 
—
 
 
 
—
 
 
 
56,208
 
Total construction
 
 
146,275
 
 
 
377
 
 
 
259
 
 
 
—
 
 
 
146,911
 
Total loans
 
$
2,904,603
 
 
$
45,415
 
 
$
31,438
 
 
$
—
 
 
$
2,981,456
 
 
 
 
Credit Quality Indicators PNCI Loans – As of December 31, 2018
 
(in thousands)
 
Pass
 
 
Special

Mention
 
 
Substandard
 
 
Doubtful / Loss
 
 
Total PNCI

Loans
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
167,908
 
 
$
1,086
 
 
$
798
 
 
$
—
 
 
$
169,792
 
Commercial
 
 
701,868
 
 
 
3,085
 
 
 
3,448
 
 
 
—
 
 
 
708,401
 
Total mortgage loans on real estate
 
 
869,776
 
 
 
4,171
 
 
 
4,246
 
 
 
—
 
 
 
878,193
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
38,780
 
 
 
1,124
 
 
 
1,053
 
 
 
—
 
 
 
40,957
 
Home equity loans
 
 
3,413
 
 
 
74
 
 
 
98
 
 
 
—
 
 
 
3,585
 
Other
 
 
21,481
 
 
 
173
 
 
 
5
 
 
 
—
 
 
 
21,659
 
Total consumer loans
 
 
63,674
 
 
 
1,371
 
 
 
1,156
 
 
 
—
 
 
 
66,201
 
Commercial
 
 
45,027
 
 
 
321
 
 
 
120
 
 
 
—
 
 
 
45,468
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
30,593
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
30,593
 
Commercial
 
 
5,880
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
5,880
 
Total construction
 
 
36,473
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
36,473
 
Total
 
$
1,014,950
 
 
$
5,863
 
 
$
5,522
 
 
$
—
 
 
$
1,026,335
 
 
Analysis of Past Due Loans
The following table shows the ending balance of current and past due originated loans by loan category as of the date indicated:
 
 
 
Analysis of Originated Past Due Loans - As of March 31, 2019
 
 
 
 
(in thousands)
 
30-59 days
 
 
60-89 days
 
 
> 90 days
 
 
Total Past
Due Loans
 
 
Current
 
 
Total
 
 
> 90 Days and
Still Accruing
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
2,231
 
 
$
—
 
 
$
396
 
 
$
2,627
 
 
$
354,932
 
 
$
357,559
 
 
$
—
 
Commercial
 
 
767
 
 
 
—
 
 
 
901
 
 
 
1,668
 
 
 
1,927,840
 
 
 
1,929,508
 
 
 
—
 
Total mortgage loans on real estate
 
 
2,998
 
 
 
—
 
 
 
1,297
 
 
 
4,295
 
 
 
2,282,772
 
 
 
2,287,067
 
 
 
—
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
1,774
 
 
 
11
 
 
 
362
 
 
 
2,147
 
 
 
276,928
 
 
 
279,075
 
 
 
—
 
Home equity loans
 
 
512
 
 
 
24
 
 
 
163
 
 
 
699
 
 
 
30,546
 
 
 
31,245
 
 
 
17
 
Other
 
 
151
 
 
 
—
 
 
 
9
 
 
 
160
 
 
 
44,860
 
 
 
45,020
 
 
 
9
 
Total consumer loans
 
 
2,437
 
 
 
35
 
 
 
534
 
 
 
3,006
 
 
 
352,334
 
 
 
355,340
 
 
 
26
 
Commercial
 
 
1,122
 
 
 
453
 
 
 
371
 
 
 
1,946
 
 
 
225,368
 
 
 
227,314
 
 
 
14
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
785
 
 
 
—
 
 
 
—
 
 
 
785
 
 
 
114,903
 
 
 
115,688
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
64,576
 
 
 
64,576
 
 
 
—
 
Total construction
 
 
785
 
 
 
—
 
 
 
—
 
 
 
785
 
 
 
179,479
 
 
 
180,264
 
 
 
—
 
Total originated loans
 
$
7,342
 
 
$
488
 
 
$
2,202
 
 
$
10,032
 
 
$
3,039,953
 
 
$
3,049,985
 
 
$
40
 
 
 
 
 
 
The following table shows the ending balance of current and past due PNCI loans by loan category as of the date indicated:
 
 
 
Analysis of PNCI Past Due Loans - As of March 31, 2019
 
 
 
 
(in thousands)
 
30-59 days
 
 
60-89 days
 
 
> 90 days
 
 
Total Past
Due Loans
 
 
Current
 
 
Total
 
 
> 90 Days and
Still Accruing
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
1,457
 
 
$
270
 
 
$
—
 
 
$
1,727
 
 
$
161,541
 
 
$
163,268
 
 
$
—
 
Commercial
 
 
2,898
 
 
 
—
 
 
 
949
 
 
 
3,847
 
 
 
667,550
 
 
 
671,397
 
 
 
—
 
Total mortgage loans on real estate
 
 
4,355
 
 
 
270
 
 
 
949
 
 
 
5,574
 
 
 
829,091
 
 
 
834,665
 
 
 
—
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
418
 
 
 
—
 
 
 
1
 
 
 
419
 
 
 
37,671
 
 
 
38,090
 
 
 
—
 
Home equity loans
 
 
14
 
 
 
—
 
 
 
—
 
 
 
14
 
 
 
3,342
 
 
 
3,356
 
 
 
—
 
Other
 
 
151
 
 
 
—
 
 
 
—
 
 
 
151
 
 
 
19,850
 
 
 
20,001
 
 
 
—
 
Total consumer loans
 
 
583
 
 
 
—
 
 
 
1
 
 
 
584
 
 
 
60,863
 
 
 
61,447
 
 
 
—
 
Commercial
 
 
2
 
 
 
99
 
 
 
233
 
 
 
334
 
 
 
38,961
 
 
 
39,295
 
 
 
—
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
30,096
 
 
 
30,096
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
7,117
 
 
 
7,117
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
37,213
 
 
 
37,213
 
 
 
—
 
Total PNCI loans
 
$
4,940
 
 
$
369
 
 
$
1,183
 
 
$
6,492
 
 
$
966,128
 
 
$
972,620
 
 
$
—
 
 
 
 
 
 
The following table shows the ending balance of current and past due originated loans by loan category as of the date indicated:
 
 
 
Analysis of Originated Past Due Loans - As of December 31, 2018
 
 
 
 
(in thousands)
 
30-59 days
 
 
60-89 days
 
 
> 90 days
 
 
Total Past
Due Loans
 
 
Current
 
 
Total
 
 
> 90 Days and
Still Accruing
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
1,675
 
 
$
132
 
 
$
478
 
 
$
2,285
 
 
$
341,511
 
 
$
343,796
 
 
$
—
 
Commercial
 
 
431
 
 
 
1,200
 
 
 
296
 
 
 
1,927
 
 
 
1,909,054
 
 
 
1,910,981
 
 
 
—
 
Total mortgage loans on real estate
 
 
2,106
 
 
 
1,332
 
 
 
774
 
 
 
4,212
 
 
 
2,250,565
 
 
 
2,254,777
 
 
 
—
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
908
 
 
 
47
 
 
 
609
 
 
 
1,564
 
 
 
282,889
 
 
 
284,453
 
 
 
—
 
Home equity loans
 
 
1,043
 
 
 
24
 
 
 
214
 
 
 
1,281
 
 
 
31,379
 
 
 
32,660
 
 
 
—
 
Other
 
 
298
 
 
 
17
 
 
 
—
 
 
 
315
 
 
 
33,705
 
 
 
34,020
 
 
 
—
 
Total consumer loans
 
 
2,249
 
 
 
88
 
 
 
823
 
 
 
3,160
 
 
 
347,973
 
 
 
351,133
 
 
 
—
 
Commercial
 
 
1,053
 
 
 
579
 
 
 
1,247
 
 
 
2,879
 
 
 
225,756
 
 
 
228,635
 
 
 
—
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
209
 
 
 
—
 
 
 
—
 
 
 
209
 
 
 
90,494
 
 
 
90,703
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
56,208
 
 
 
56,208
 
 
 
—
 
Total construction
 
 
209
 
 
 
—
 
 
 
—
 
 
 
209
 
 
 
146,702
 
 
 
146,911
 
 
 
—
 
Total loans
 
$
5,617
 
 
$
1,999
 
 
$
2,844
 
 
$
10,460
 
 
$
2,970,996
 
 
$
2,981,456
 
 
$
—
 
 
 
 
 
 
 
The following table shows the ending balance of current and past due PNCI loans by loan category as of the date indicated:
 
 
 
Analysis of PNCI Past Due Loans - As of December 31, 2018
 
 
 
 
(in thousands)
 
30-59 days
 
 
60-89 days
 
 
> 90 days
 
 
Total Past
Due Loans
 
 
Current
 
 
Total
 
 
> 90 Days and
Still Accruing
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
1,009
 
 
$
133
 
 
$
156
 
 
$
1,298
 
 
$
168,494
 
 
$
169,792
 
 
$
—
 
Commercial
 
 
1,646
 
 
 
1,136
 
 
 
1,082
 
 
 
3,864
 
 
 
704,537
 
 
 
708,401
 
 
 
—
 
Total mortgage loans on real estate
 
 
2,655
 
 
 
1,269
 
 
 
1,238
 
 
 
5,162
 
 
 
873,031
 
 
 
878,193
 
 
 
—
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
304
 
 
 
35
 
 
 
237
 
 
 
576
 
 
 
40,381
 
 
 
40,957
 
 
 
—
 
Home equity loans
 
 
74
 
 
 
—
 
 
 
—
 
 
 
74
 
 
 
3,511
 
 
 
3,585
 
 
 
—
 
Other
 
 
160
 
 
 
—
 
 
 
—
 
 
 
160
 
 
 
21,499
 
 
 
21,659
 
 
 
—
 
Total consumer loans
 
 
538
 
 
 
35
 
 
 
237
 
 
 
810
 
 
 
65,391
 
 
 
66,201
 
 
 
—
 
Commercial
 
 
678
 
 
 
145
 
 
 
113
 
 
 
936
 
 
 
44,532
 
 
 
45,468
 
 
 
—
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
30,593
 
 
 
30,593
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
5,880
 
 
 
5,880
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
36,473
 
 
 
36,473
 
 
 
—
 
Total loans
 
$
3,871
 
 
$
1,449
 
 
$
1,588
 
 
$
6,908
 
 
$
1,019,427
 
 
$
1,026,335
 
 
$
—
 
 
Schedule of Non Accrual Loans
The following table shows the ending balance of nonaccrual originated and PNCI loans by loan category as of the date indicated:
 
 
 
Non Accrual Loans
 
 
 
As of March 31, 2019
 
 
As of December 31, 2018
 
(in thousands)
 
Originated
 
 
PNCI
 
 
Total
 
 
Originated
 
 
PNCI
 
 
Total
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
3,066
 
 
$
308
 
 
$
3,374
 
 
$
3,244
 
 
$
334
 
 
$
3,578
 
Commercial
 
 
4,493
 
 
 
1,445
 
 
 
5,938
 
 
 
9,263
 
 
 
1,468
 
 
 
10,731
 
Total mortgage loans on real estate
 
 
7,559
 
 
 
1,753
 
 
 
9,312
 
 
 
12,507
 
 
 
1,802
 
 
 
14,309
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
1,366
 
 
 
501
 
 
 
1,867
 
 
 
1,429
 
 
 
885
 
 
 
2,314
 
Home equity loans
 
 
1,599
 
 
 
36
 
 
 
1,635
 
 
 
1,722
 
 
 
47
 
 
 
1,769
 
Other
 
 
28
 
 
 
4
 
 
 
32
 
 
 
3
 
 
 
4
 
 
 
7
 
Total consumer loans
 
 
2,993
 
 
 
541
 
 
 
3,534
 
 
 
3,154
 
 
 
936
 
 
 
4,090
 
Commercial
 
 
3,144
 
 
 
332
 
 
 
3,476
 
 
 
3,755
 
 
 
120
 
 
 
3,875
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total non accrual loans
 
$
13,696
 
 
$
2,626
 
 
$
16,322
 
 
$
19,416
 
 
$
2,858
 
 
$
22,274
 
Impaired Loans The following tables show the recorded investment (financial statement balance), unpaid principal balance, average recorded investment, and interest income recognized for impaired Originated and PNCI loans, segregated by those with no related allowance recorded and those with an allowance recorded for the periods indicated.
 
 
 
Impaired Originated Loans – As of, or for the Three Months Ended, March 31, 2019
 
(in thousands)
 
Unpaid

principal

balance
 
 
Recorded

investment with

no related

allowance
 
 
Recorded

investment with

related

allowance
 
 
Total recorded

investment
 
 
Related

Allowance
 
 
Average

recorded

investment
 
 
Interest income

recognized
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
4,148
 
 
$
3,481
 
 
$
—
 
 
$
3,481
 
 
$
55
 
 
$
4,029
 
 
$
6
 
Commercial
 
 
6,771
 
 
 
5,874
 
 
 
592
 
 
 
6,466
 
 
 
37
 
 
 
9,453
 
 
 
22
 
Total mortgage loans on real estate
 
 
10,919
 
 
 
9,355
 
 
 
592
 
 
 
9,947
 
 
 
92
 
 
 
13,482
 
 
 
28
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
1,857
 
 
 
1,737
 
 
 
58
 
 
 
1,795
 
 
 
18
 
 
 
1,943
 
 
 
4
 
Home equity loans
 
 
2,333
 
 
 
1,639
 
 
 
120
 
 
 
1,759
 
 
 
20
 
 
 
1,963
 
 
 
—
 
Other
 
 
46
 
 
 
—
 
 
 
28
 
 
 
28
 
 
 
9
 
 
 
33
 
 
 
—
 
Total consumer loans
 
 
4,236
 
 
 
3,376
 
 
 
206
 
 
 
3,582
 
 
 
47
 
 
 
3,939
 
 
 
4
 
Commercial
 
 
4,538
 
 
 
2,301
 
 
 
2,043
 
 
 
4,344
 
 
 
1,223
 
 
 
4,778
 
 
 
—
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total
 
$
19,693
 
 
$
15,032
 
 
$
2,841
 
 
$
17,873
 
 
$
1,362
 
 
$
22,199
 
 
$
32
 
 
 
 
Impaired PNCI Loans – As of, or for the Three Months Ended, March 31, 2019
 
(in thousands)
 
Unpaid

principal

balance
 
 
Recorded

investment with

no related

allowance
 
 
Recorded

investment with

related

allowance
 
 
Total recorded

investment
 
 
Related

Allowance
 
 
Average

recorded

investment
 
 
Interest income

recognized
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
344
 
 
$
308
 
 
$
—
 
 
$
308
 
 
$
—
 
 
$
321
 
 
$
—
 
Commercial
 
 
3,089
 
 
 
1,445
 
 
 
—
 
 
 
1,445
 
 
 
—
 
 
 
1,456
 
 
 
58
 
Total mortgage loans on real estate
 
 
3,433
 
 
 
1,753
 
 
 
—
 
 
 
1,753
 
 
 
—
 
 
 
1,777
 
 
 
58
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
831
 
 
 
401
 
 
 
360
 
 
 
761
 
 
 
112
 
 
 
883
 
 
 
—
 
Home equity loans
 
 
242
 
 
 
102
 
 
 
122
 
 
 
224
 
 
 
50
 
 
 
232
 
 
 
—
 
Other
 
 
102
 
 
 
64
 
 
 
38
 
 
 
102
 
 
 
7
 
 
 
106
 
 
 
—
 
Total consumer loans
 
 
1,175
 
 
 
567
 
 
 
520
 
 
 
1,087
 
 
 
169
 
 
 
1,221
 
 
 
—
 
Commercial
 
 
335
 
 
 
113
 
 
 
219
 
 
 
332
 
 
 
219
 
 
 
226
 
 
 
2
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total
 
$
4,943
 
 
$
2,433
 
 
$
739
 
 
$
3,172
 
 
$
388
 
 
$
3,224
 
 
$
60
 
 
 
 
Impaired Originated Loans – As of, or for the Twelve Months Ended, December 31, 2018
 
(in thousands)
 
Unpaid

principal

balance
 
 
Recorded

investment with

no related

allowance
 
 
Recorded

investment with

related

allowance
 
 
Total recorded

investment
 
 
Related

Allowance
 
 
Average

recorded

investment
 
 
Interest income

recognized
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
4,594
 
 
$
3,663
 
 
$
308
 
 
$
3,971
 
 
$
56
 
 
$
3,517
 
 
$
90
 
Commercial
 
 
13,081
 
 
 
10,676
 
 
 
1,765
 
 
 
12,441
 
 
 
42
 
 
 
13,115
 
 
 
137
 
Total mortgage loans on real estate
 
 
17,675
 
 
 
14,339
 
 
 
2,073
 
 
 
16,412
 
 
 
98
 
 
 
16,632
 
 
 
227
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
1,900
 
 
 
1,749
 
 
 
111
 
 
 
1,860
 
 
 
71
 
 
 
1,885
 
 
 
43
 
Home equity loans
 
 
2,374
 
 
 
1,892
 
 
 
65
 
 
 
1,957
 
 
 
2
 
 
 
1,520
 
 
 
23
 
Other
 
 
3
 
 
 
—
 
 
 
3
 
 
 
3
 
 
 
3
 
 
 
17
 
 
 
2
 
Total consumer loans
 
 
4,277
 
 
 
3,641
 
 
 
179
 
 
 
3,820
 
 
 
76
 
 
 
3,422
 
 
 
68
 
Commercial
 
 
5,433
 
 
 
2,924
 
 
 
2,287
 
 
 
5,211
 
 
 
1,774
 
 
 
4,654
 
 
 
91
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
5
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
5
 
 
 
—
 
Total
 
$
27,385
 
 
$
20,904
 
 
$
4,539
 
 
$
25,443
 
 
$
1,948
 
 
$
24,713
 
 
$
386
 
 
 
 
Impaired PNCI Loans – As of, or for the Twelve Months Ended, December 31, 2018
 
(in thousands)
 
Unpaid

principal

balance
 
 
Recorded

investment with

no related

allowance
 
 
Recorded

investment with

related

allowance
 
 
Total recorded

investment
 
 
Related

Allowance
 
 
Average

recorded

investment
 
 
Interest income

recognized
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
375
 
 
$
334
 
 
$
—
 
 
$
334
 
 
$
—
 
 
$
529
 
 
$
5
 
Commercial
 
 
3,110
 
 
 
1,468
 
 
 
—
 
 
 
1,468
 
 
 
—
 
 
 
1,713
 
 
 
183
 
Total mortgage loans on real estate
 
 
3,485
 
 
 
1,802
 
 
 
—
 
 
 
1,802
 
 
 
—
 
 
 
2,242
 
 
 
188
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
1,027
 
 
 
587
 
 
 
367
 
 
 
954
 
 
 
127
 
 
 
1,120
 
 
 
18
 
Home equity loans
 
 
252
 
 
 
47
 
 
 
197
 
 
 
244
 
 
 
101
 
 
 
155
 
 
 
—
 
Other
 
 
106
 
 
 
21
 
 
 
85
 
 
 
106
 
 
 
11
 
 
 
114
 
 
 
—
 
Total consumer loans
 
 
1,385
 
 
 
655
 
 
 
649
 
 
 
1,304
 
 
 
239
 
 
 
1,389
 
 
 
18
 
Commercial
 
 
120
 
 
 
113
 
 
 
7
 
 
 
120
 
 
 
7
 
 
 
60
 
 
 
1
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total
 
$
4,990
 
 
$
2,570
 
 
$
656
 
 
$
3,226
 
 
$
246
 
 
$
3,691
 
 
$
207
 
 
 
 
Impaired Originated Loans – As of, or for the Three Months Ended, March 31, 2018
 
(in thousands)
 
Unpaid

principal

balance
 
 
Recorded

investment with

no related

allowance
 
 
Recorded

investment with

related

allowance
 
 
Total recorded

investment
 
 
Related

Allowance
 
 
Average

recorded

investment
 
 
Interest income

recognized
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
4,378
 
 
$
2,678
 
 
$
1,525
 
 
$
4,203
 
 
$
190
 
 
$
4,071
 
 
$
28
 
Commercial
 
 
11,407
 
 
 
9,848
 
 
 
1,262
 
 
 
11,110
 
 
 
154
 
 
 
12,510
 
 
 
44
 
Total mortgage loans on real estate
 
 
15,785
 
 
 
12,526
 
 
 
2,787
 
 
 
15,313
 
 
 
344
 
 
 
16,581
 
 
 
72
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
1,478
 
 
 
888
 
 
 
527
 
 
 
1,415
 
 
 
146
 
 
 
1,455
 
 
 
10
 
Home equity loans
 
 
1,744
 
 
 
1,193
 
 
 
196
 
 
 
1,389
 
 
 
10
 
 
 
1,347
 
 
 
2
 
Other
 
 
4
 
 
 
—
 
 
 
4
 
 
 
4
 
 
 
4
 
 
 
6
 
 
 
—
 
Total consumer loans
 
 
3,226
 
 
 
2,081
 
 
 
727
 
 
 
2,808
 
 
 
160
 
 
 
2,808
 
 
 
12
 
Commercial
 
 
4,756
 
 
 
881
 
 
 
3,740
 
 
 
4,621
 
 
 
2,113
 
 
 
4,545
 
 
 
26
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
136
 
 
 
136
 
 
 
—
 
 
 
136
 
 
 
—
 
 
 
138
 
 
 
2
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total construction
 
 
136
 
 
 
136
 
 
 
—
 
 
 
136
 
 
 
—
 
 
 
138
 
 
 
2
 
Total
 
$
23,903
 
 
$
15,624
 
 
$
7,254
 
 
$
22,878
 
 
$
2,617
 
 
$
24,072
 
 
$
112
 
 
 
 
Impaired PNCI Loans – As of, or for the Three Months Ended, March 31, 2018
 
(in thousands)
 
Unpaid

principal

balance
 
 
Recorded

investment with

no related

allowance
 
 
Recorded

investment with

related

allowance
 
 
Total recorded

investment
 
 
Related

Allowance
 
 
Average

recorded

investment
 
 
Interest income

recognized
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
$
1,390
 
 
$
1,332
 
 
$
—
 
 
$
1,332
 
 
$
—
 
 
$
1,345
 
 
$
2
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total mortgage loans on real estate
 
 
1,390
 
 
 
1,332
 
 
 
—
 
 
 
1,332
 
 
 
—
 
 
 
1,345
 
 
 
2
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
1,065
 
 
 
501
 
 
 
534
 
 
 
1,035
 
 
 
302
 
 
 
1,114
 
 
 
5
 
Home equity loans
 
 
298
 
 
 
40
 
 
 
244
 
 
 
284
 
 
 
120
 
 
 
225
 
 
 
3
 
Other
 
 
274
 
 
 
28
 
 
 
246
 
 
 
274
 
 
 
52
 
 
 
262
 
 
 
2
 
Total consumer loans
 
 
1,637
 
 
 
569
 
 
 
1,024
 
 
 
1,593
 
 
 
474
 
 
 
1,601
 
 
 
10
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
 
 
 
 
—
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
 
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total
 
$
3,027
 
 
$
1,901
 
 
$
1,024
 
 
$
2,925
 
 
$
474
 
 
$
2,946
 
 
$
12
 
Troubled Debt Restructurings
The following tables show certain information regarding TDRs that occurred during the periods indicated:
 
 
 
TDR Information for the Three Months Ended March 31, 2019
 
(dollars in thousands)
 
Number
 
 
Pre-mod

outstanding

principal

balance
 
 
Post-mod

outstanding

principal

balance
 
 
Financial

impact due to

TDR taken as

additional

provision
 
 
Number that

defaulted during

the period
 
 
Recorded

investment of

TDRs that

defaulted during

the period
 
 
Financial impact

due to the

default of

previous TDR

taken as charge-

offs or additional

provisions
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
 
1
 
 
$
163
 
 
$
162
 
 
$
—
 
 
 
—
 
 
$
—
 
 
$
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total mortgage loans on real estate
 
 
1
 
 
 
163
 
 
 
162
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Home equity loans
 
 
1
 
 
 
121
 
 
 
120
 
 
 
1
 
 
 
—
 
 
 
—
 
 
 
—
 
Other
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total consumer loans
 
 
1
 
 
 
121
 
 
 
120
 
 
 
1
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
2
 
 
 
15
 
 
 
15
 
 
 
—
 
 
 
1
 
 
 
7
 
 
 
—
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total
 
 
4
 
 
$
299
 
 
$
297
 
 
$
1
 
 
 
1
 
 
$
7
 
 
$
—
 
 
 
 
TDR Information for the Three Months Ended March 31, 2018
 
(dollars in thousands)
 
Number
 
 
Pre-mod

outstanding

principal

balance
 
 
Post-mod

outstanding

principal

balance
 
 
Financial

impact due to

TDR taken as

additional

provision
 
 
Number that

defaulted during

the period
 
 
Recorded

investment of

TDRs that

defaulted during

the period
 
 
Financial impact

due to the

default of

previous TDR

taken as charge-

offs or additional

provisions
 
Mortgage loans on real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential 1-4 family
 
 
—
 
 
$
—
 
 
$
—
 
 
$
—
 
 
 
—
 
 
$
—
 
 
$
—
 
Commercial
 
 
1
 
 
 
384
 
 
 
384
 
 
 
11
 
 
 
1
 
 
 
169
 
 
 
—
 
Total mortgage loans on real estate
 
 
1
 
 
 
384
 
 
 
384
 
 
 
11
 
 
 
1
 
 
 
169
 
 
 
—
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines of credit
 
 
1
 
 
 
133
 
 
 
138
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Home equity loans
 
 
1
 
 
 
121
 
 
 
121
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Other
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total consumer loans
 
 
2
 
 
 
254
 
 
 
259
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Construction:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Commercial
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total construction
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Total
 
 
3
 
 
$
638
 
 
$
643
 
 
$
11
 
 
 
1
 
 
$
169
 
 
$
—