Loans (Tables)

9 Months Ended

Sep. 30, 2016

The following table presents the Company's loans held-for-investment by class.

Loan Portfolio

(Dollar amounts in thousands)



	As of
	September 30, 2016		December 31, 2015
Commercial and industrial	$	2,849,399	$	2,524,726
Agricultural	409,571		387,440
Commercial real estate:
Office, retail, and industrial	1,537,038		1,395,454
Multi-family	625,305		528,324
Construction	401,857		216,882
Other commercial real estate	970,855		931,190
Total commercial real estate	3,535,055		3,071,850
Total corporate loans	6,794,025		5,984,016
Home equity	733,260		653,468
1-4 family mortgages	388,145		355,854
Installment	232,030		137,602
Total consumer loans	1,353,435		1,146,924
Covered loans	24,322		30,775
Total loans	$	8,171,782	$	7,161,715
Deferred loan fees included in total loans	$	4,034	$	5,191
Overdrawn demand deposits included in total loans	3,428		2,810

The following table presents loan sales for the quarters and nine months ended September 30, 2016 and 2015.

Loan Sales

(Dollar amounts in thousands)



	Quarters Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Corporate loan sales
Proceeds from sales	$	12,223	$	10,226	$	36,082	$	19,649
Less book value of loans sold	11,828		9,771		34,718		18,780
Net gains on corporate loan sales ⁽¹⁾	395		455		1,364		869
1-4 family mortgage loan sales
Proceeds from sales	110,167		43,340		202,932		132,367
Less book value of loans sold	107,255		42,189		198,024		128,634
Net gains on 1-4 family mortgage loan sales ⁽²⁾	2,912		1,151		4,908		3,733
Total net gains on loan sales	$	3,307	$	1,606	$	6,272	$	4,602


⁽¹⁾	Net gains on corporate loan sales are included in other service charges, commissions, and fees in the Condensed Consolidated Statements of Income.


⁽²⁾	Net gains on 1-4 family mortgage loan sales are included in mortgage banking income in the Condensed Consolidated Statements of Income.