Accounting for Certain Loans Acquired in a Purchase (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of outstanding balance and carrying amount of loans acquired during the period

The following table includes the outstanding balance and carrying amount of loans acquired during the years 2012, 2013, 2014 and 2015, which are included in the balance sheet amounts of loans receivable at September 30, 2015, and December 31, 2014 as applicable.



	September 30, 2015
	C Financial		Community		CFS		SCB		Total
Commercial and industrial loans	$	109	$	6,628	$	55,927	$	5,008	$	67,672
Agricultural production financing and other loans to farmers			2,024				1,456		3,480
Real estate loans:
Construction	6,209		8,959		1,660				16,828
Commercial and farmland	28,094		56,148		207,197		13,981		305,420
Residential	58,096		23,465		122,369		6,449		210,379
Home Equity	9,861		8,147		34,404		13,799		66,211
Individuals' loans for household and other personal expenditures	12		577		531		56		1,176
Other commercial loans					73				73
Total	$	102,381	$	105,948	$	422,161	$	40,749	$	671,239

Carrying Amount	$	100,001	$	99,467	$	401,497	$	35,617	$	636,582
Allowance			109		202				311
Carrying Amount Net of Allowance	$	100,001	$	99,358	$	401,295	$	35,617	$	636,271



	December 31, 2014
	Community		CFS		SCB		Total
Commercial and industrial loans	$	8,168	$	64,897	$	6,059	$	79,124
Agricultural production financing and other loans to farmers	1,100				893		1,993
Real estate loans:
Construction	19,063		9,113				28,176
Commercial and farmland	74,600		251,002		15,593		341,195
Residential	28,863		144,396		7,384		180,643
Home Equity	9,881		39,244		15,758		64,883
Individuals' loans for household and other personal expenditures	1,314		922		121		2,357
Other commercial loans			86				86
Total	$	142,989	$	509,660	$	45,808	$	698,457

Carrying Amount	$	134,198	$	484,949	$	39,324	$	658,471
Allowance			650				650
Carrying Amount Net of Allowance	$	134,198	$	484,299	$	39,324	$	657,821

Schedule of accretable yield, or income expected to be collected, and reclassifications from nonaccretable yield

The accretable yield, or income expected to be collected, and reclassifications from nonaccretable yield, are identified in the table below. The table reflects only purchased loans accounted for under ASC 310-30 and not the entire portfolio of purchased loans.



	Three Months Ended September 30, 2015
	C Financial			Community			CFS			SCB			Total
Beginning balance	$	133		$	1,818		$	1,732		$	758		$	4,441
Additions
Accretion	(8		)	(139		)	(1,058		)	(285		)	(1,490		)
Reclassification from nonaccretable				21			704			235			960
Disposals				(140		)	(3		)				(143		)
Ending balance	$	125		$	1,560		$	1,375		$	708		$	3,768



	Nine Months Ended September 30, 2015
	C Financial			Community			CFS			SCB			Total
Beginning balance				$	2,122		$	2,400		$	868		$	5,390
Additions	$	145											145
Accretion	(20		)	(671		)	(2,977		)	(774		)	(4,442		)
Reclassification from nonaccretable				249			1,963			614			2,826
Disposals				(140		)	(11		)				(151		)
Ending balance	$	125		$	1,560		$	1,375		$	708		$	3,768



	Three Months Ended September 30, 2014
	CFS			SCB			Total
Beginning balance	$	3,488		$	1,170		$	4,658
Additions
Accretion	(2,156		)	(518		)	(2,674		)
Reclassification from nonaccretable	1,428			311			1,739
Disposals	(136		)	(35		)	(171		)
Ending balance	$	2,624		$	928		$	3,552



	Nine Months Ended September 30, 2014
	CFS			SCB			Total
Beginning balance	$	4,164		$	1,388		$	5,552
Additions
Accretion	(3,699		)	(920		)	(4,619		)
Reclassification from nonaccretable	2,330			495			2,825
Disposals	(171		)	(35		)	(206		)
Ending balance	$	2,624		$	928		$	3,552

The following table presents loans acquired, as of their respective acquisition dates, during the periods ended September 30, 2015 and 2014, for which it was probable that all contractually required payments would not be collected:



	C Financial - 2015	Community - 2014
Contractually required payments receivable at acquisition date	2,632	26,032
Nonaccretable difference	393	3,498
Expected cash flows at acquisition date	2,239	22,534
Accretable difference	145	2,234
Basis in loans at acquisition date	2,094	20,300

Schedule of loans acquired for which contractually required payments would not be collected



	C Financial - 2015	Community - 2014
Contractually required payments receivable at acquisition date	2,632	26,032
Nonaccretable difference	393	3,498
Expected cash flows at acquisition date	2,239	22,534
Accretable difference	145	2,234
Basis in loans at acquisition date	2,094	20,300