Loans and Allowance for Credit Losses

6 Months Ended

Jun. 30, 2012

Loans and Allowance for Credit Losses [Abstract]

Loans and Allowance for Credit Losses

Note 10 Loans and Allowance for Credit Losses

The following table provides outstanding balances related to each of our loan types:

	June 30, 2012		December 31, 2011
	(dollars in thousands)
Commercial, financial, agricultural and other	$	1,059,675	$	996,739
Real estate construction		77,442		76,564
Residential real estate		1,213,610		1,137,059
Commercial real estate		1,232,270		1,267,432
Loans to individuals		576,534		565,849
Total loans and leases net of unearned income	$	4,159,531	$	4,043,643

During the six-months ended June 30, 2012, loans increased $115.9 million or 3% compared to balances outstanding at December 31, 2011. A majority of the loan growth was recognized in the residential real estate portfolio as a result of seasonal demand and an ongoing loan promotion. Increases in the commercial, financial, agricultural and other portfolio can be attributed primarily to growth in our syndication portfolio in Pennsylvania and contiguous states, while loans to individuals increased due to growth in home equity installment loans and indirect auto lending.

Credit Quality Information

As part of the on-going monitoring of credit quality within the loan portfolio, the following credit worthiness categories are used in grading our loans:

Pass	Acceptable levels of risk exist in the relationship. Includes all loans not adversely classified as OAEM, substandard or doubtful.
Other Assets Especially Mentioned (OAEM)
	Potential weaknesses that deserve management’s close attention. The potential weaknesses may result in deterioration of the repayment prospects or weaken the Bank’s credit position at some future date. The credit risk may be relatively minor, yet constitute an undesirable risk in light of the circumstances surrounding the specific credit. No loss of principal or interest is expected.
Substandard	Well-defined weakness or a weakness that jeopardizes the repayment of the debt. A loan may be classified as substandard as a result of deterioration of the borrower’s financial condition and repayment capacity. Loans for which repayment plans have not been met or collateral equity margins do not protect the Company may also be classified as substandard.
Doubtful	Loans with the characteristics of substandard loans with the added characteristic that collection or liquidation in full, on the basis of presently existing facts and conditions, is highly improbable.

The use of creditworthiness categories to grade loans permits management’s use of migration analysis to estimate a portion of credit risk. The Company’s internal creditworthiness grading system provides a measurement of credit risk based primarily on an evaluation of the borrower’s cash flow and collateral. Movements between these rating categories provides a predictive measure of credit losses and therefore assists in determining the appropriate level for the loan loss reserves. Category ratings are reviewed each quarter, at which time management analyzes the results, as well as other external statistics and factors related to loan performance. Loans that migrate towards higher risk rating levels generally have an increased risk of default, whereas, loans that migrate toward lower risk ratings generally will result in a lower risk factor being applied to those related loan balances.

The following tables represent our credit risk profile by creditworthiness:

	June 30, 2012
	Commercial, financial, agricultural and other		Real estate construction		Residential real estate		Commercial real estate		Loans to individuals		Total
	(dollars in thousands)
Pass	$	955,231	$	50,028	$	1,202,163	$	1,103,062	$	576,530	$	3,887,014
Non-Pass
OAEM		27,384		699		5,668		68,925		4		102,680
Substandard		77,060		21,004		5,779		60,283		0		164,126
Doubtful		0		5,711		0		0		0		5,711
Total Non-Pass		104,444		27,414		11,447		129,208		4		272,517
Total	$	1,059,675	$	77,442	$	1,213,610	$	1,232,270	$	576,534	$	4,159,531

	December 31, 2011
	Commercial, financial, agricultural and other		Real estate construction		Residential real estate		Commercial real estate		Loans to individuals		Total
	(dollars in thousands)
Pass	$	904,057	$	44,914	$	1,126,143	$	1,110,664	$	565,842	$	3,751,620
Non-Pass
OAEM		27,627		4,238		5,484		61,855		7		99,211
Substandard		60,114		21,701		5,432		94,913		0		182,160
Doubtful		4,941		5,711		0		0		0		10,652
Total Non-Pass		92,682		31,650		10,916		156,768		7		292,023
Total	$	996,739	$	76,564	$	1,137,059	$	1,267,432	$	565,849	$	4,043,643

Portfolio Risks

Credit quality measures at June 30, 2012 compared to December 31, 2011 indicate a decrease in criticized loans, or loans designated OAEM, substandard or doubtful, of $19.5 million, or 7%, an increase in delinquency on accruing loans of $1.9 million, or 5%, and a $0.2 million increase in nonaccrual loans, excluding loans held-for-sale.

Charge-offs for the six-months ended June 30, 2012 totaled $8.7 million compared to $19.8 million for the six-months ended June 30, 2011. The most significant charge-off during the six-months ended June 30, 2012 was a $1.2 million charge taken on a $2.0 million commercial loan relationship. During the six-months ended June 30, 2011, the most significant charge-off totaled $3.1 million and related to a western Pennsylvania office complex. Other significant charge-offs totaled $7.7 million and related to five construction loan projects located in Florida, Nevada, Ohio and western and central Pennsylvania.

Criticized loans totaled $272.5 million at June 30, 2012 and represented 7% of the loan portfolio. This represents a $19.5 million decrease compared with the portfolio as of December 31, 2011. These loans have been evaluated when determining the appropriateness of the allowance for credit losses, which we believe is adequate at this time. However, changes in economic conditions, interest rates, borrower financial condition, delinquency trends or previously established fair values of collateral factors could significantly change those judgmental estimates.

The credit quality of our loan portfolio represents significant risk to our earnings, capital, regulatory agency relationships and shareholder returns. First Commonwealth devotes a substantial amount of resources to managing this risk primarily through our credit administration department that develops and administers policies and procedures for underwriting, maintaining, monitoring and collecting activities. Credit administration is independent of lending departments and oversight is provided by the Credit Committee of the First Commonwealth Board of Directors.

Risk factors associated with commercial real estate and construction related loans are monitored closely since this is an area that represents a significant portion of the loan portfolio and has experienced the most stress during the economic downturn.

In addition, during the first six months of 2012, five relationships consisting of eight loans, were classified as troubled debt restructuring. These loans increased the nonperforming loan balance by $3.8 million with no increase in specific reserves.

Age Analysis of Past Due Loans by Segment

The following tables delineate the aging analysis of the recorded investments in past due loans as of June 30, 2012 and December 31, 2011. Also included in these tables are loans that are 90 days or more past due and still accruing because they are well-secured and in the process of collection.

	June 30, 2012
	30 - 59 days past due		60 - 89 days past due		90 days and greater and still accruing		Nonaccrual		Total past due and nonaccrual		Current		Total
	(dollars in thousands)
Commercial, financial, agricultural and other	$	9,148	$	4,101	$	3,604	$	27,758	$	44,611	$	1,015,064	$	1,059,675
Real estate construction		16		0		469		15,060		15,545		61,897		77,442
Residential real estate		6,555		1,852		4,961		3,923		17,291		1,196,319		1,213,610
Commercial real estate		1,497		431		305		31,951		34,184		1,198,086		1,232,270
Loans to individuals		2,384		875		1,248		0		4,507		572,027		576,534
Total	$	19,600	$	7,259	$	10,587	$	78,692	$	116,138	$	4,043,393	$	4,159,531
	December 31, 2011
	30 - 59 days past due		60 - 89 days past due		90 days and greater and still accruing		Nonaccrual		Total past due and nonaccrual		Current		Total
	(dollars in thousands)
Commercial, financial, agricultural and other	$	5,433	$	824	$	287	$	33,459	$	40,003	$	956,736	$	996,739
Real estate construction		0		180		0		14,911		15,091		61,473		76,564
Residential real estate		7,144		2,100		8,767		3,153		21,164		1,115,895		1,137,059
Commercial real estate		3,671		1,241		157		26,953		32,022		1,235,410		1,267,432
Loans to individuals		2,952		962		1,804		0		5,718		560,131		565,849
Total	$	19,200	$	5,307	$	11,015	$	78,476	$	113,998	$	3,929,645	$	4,043,643

The previous tables summarize nonaccrual loans by loan segment. The Company generally places loans on nonaccrual status when the full and timely collection of interest or principal becomes uncertain, when part of the principal balance has been charged off and no restructuring has occurred, or the loans reach a certain number of days past due. Generally, loans 90 days or more past due are placed on nonaccrual status.

Nonaccrual Loans

When a loan is placed on nonaccrual, the accrued unpaid interest receivable is reversed against interest income and all future payments received are applied as a reduction to the loan principal. Generally, the loan is returned to accrual status when (a) all delinquent interest and principal become current under the terms of the loan agreement or (b) the loan is both well-secured and in the process of collection and collectability is no longer doubtful.

Impaired Loans

Management considers loans to be impaired when, based on current information and events, it is determined that the Company will not be able to collect all amounts due according to the loan contract, including scheduled interest payments. Determination of impairment is treated the same across all loan categories. When management identifies a loan as impaired, the impairment is measured based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the sole source or repayment for the loan is the operation or liquidation of collateral. When the loan is collateral dependent, the appraised value less cost to sell is utilized. If management determines the value of the impaired loan is less than the recorded investment in the loan, impairment is recognized through an allowance estimate or a charge-off to the allowance. Troubled debt restructured loans on accrual status are considered to be impaired loans.

When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is on nonaccrual status, all payments are applied to principal, under the cost recovery method. When the ultimate collectability of the total principal of an impaired loan is not in doubt and the loan is on nonaccrual status, contractual interest is credited to interest income when received, under the cash basis method.

Nonperforming loans, excluding loans held for sale, decreased $13.8 million to $84.9 million at June 30, 2012 compared to $98.8 million at December 31, 2011. Contributing to this decrease was an $11.3 million loan to a waste management company which was paid off in the first quarter and a $9.1 million loan to an information technology firm which was returned to accrual status in the second quarter. The most significant loans placed into nonperforming status during the first half of 2012 included $4.9 million for a commercial real estate loan to a nonprofit institution, $2.5 million to a manufacturer of medical equipment and $1.3 million on a residential lot development.

The specific allowance for nonperforming loans decreased by $1.5 million at June 30, 2012 compared to December 31, 2011. Unfunded commitments related to nonperforming loans were $4.8 million at June 30, 2012 and after consideration of available collateral related to these commitments, an off balance sheet reserve of $39 thousand was established.

Loans held for sale totaled $13.4 million at December 31, 2011 and the entire balance represented nonperforming loans. As of June 30, 2012, the sale of all of these loans had been completed and provided for a $2.9 million gain. While these loans were considered to be nonperforming, they were not taken into consideration when determining the allowance for credit losses as they were carried at the lower of cost or fair value.

Significant nonaccrual loans as of June 30, 2012, include the following;

• $19.4 million, the remaining portion of a $44.1 million unsecured loan to a western Pennsylvania real estate developer. This loan was originated in the second quarter of 2004 and was placed in nonaccrual status in the fourth quarter of 2009. A settlement plan with the borrower and three other lenders was reached in the fourth quarter of 2010 and resulted in an $8.0 million principal payment and a $15.4 million partial charge-off.

• $16.3 million commercial real estate loan for a real estate developer in eastern Pennsylvania. This loan was originated in the third quarter of 2007 and restructured in the fourth quarter of 2011 and resulted in a charge-off of $4.2 million. The most recent appraisal for the real estate collateral was completed in the third quarter of 2011.

• $5.7 million, the remaining portion of a $20.8 million construction loan for a Florida condominium project. This loan was originated in the second quarter of 2007. Charge-offs of $15.1 million have been recorded on this loan. The most recent appraisal for the real estate collateral was completed in the second quarter of 2012.

• $4.9 million real estate secured loan to a western Pennsylvania nonprofit corporation. This loan was originated in the fourth quarter of 2008 and placed in nonaccrual status in the second quarter of 2012. The most recent appraisals for the various real estate collateral were completed in the fourth quarter of 2011 and the first quarter of 2012.

• $3.4 million, the remaining portion of an $8.9 million commercial construction loan to a Nevada developer. This loan was originated in the second quarter of 2007. Charge-offs of $5.2 million have been recorded on this loan. The most recent appraisal was completed in the fourth quarter of 2011.

The following tables include the recorded investment and unpaid principal balance for impaired loans with the associated allowance amount, if applicable, as of June 30, 2012 and December 31, 2011. Also presented are the average recorded investment in impaired loans and the related amount of interest recognized while the loan was considered impaired. Average balances are calculated based on month-end balances of the loans of the period reported.

	June 30, 2012						December 31, 2011
	Recorded investment		Unpaid principal balance		Related allowance		Recorded investment		Unpaid principal balance		Related allowance
	(dollars in thousands)
With no related allowance recorded:
Commercial, financial, agricultural and other	$	6,003	$	7,034	$	0	$	2,010	$	3,418	$	0
Real estate construction		4,132		10,281		0		10,814		20,161		0
Residential real estate		3,050		3,498		0		3,125		3,513		0
Commercial real estate		30,303		31,888		0		36,777		41,974		0
Loans to individuals		0		0		0		0		0		0
Subtotal		43,488		52,701		0		52,726		69,066		0
With an allowance recorded:
Commercial, financial, agricultural and other		25,972		26,685		8,046		34,056		34,341		9,069
Real estate construction		10,928		31,827		2,747		6,298		21,402		2,960
Residential real estate		1,820		1,820		431		955		955		93
Commercial real estate		2,735		2,939		510		4,717		4,863		1,114
Loans to individuals		0		0		0		0		0		0
Subtotal		41,455		63,271		11,734		46,026		61,561		13,236
Total	$	84,943	$	115,972	$	11,734	$	98,752	$	130,627	$	13,236

	For the Six-Months Ended June 30,
	2012				2011
	Average recorded investment		Interest Income Recognized		Average recorded investment		Interest Income Recognized
	(dollars in thousands)
With no related allowance recorded:
Commercial, financial, agricultural and other	$	10,291	$	21	$	3,167	$	5
Real estate construction		7,268		0		12,727		2
Residential real estate		9,219		11		2,005		2
Commercial real estate		26,529		53		29,407		18
Loans to individuals		0		0		16		0
Subtotal		53,307		85		47,322		27
With an allowance recorded:
Commercial, financial, agricultural and other		19,101		6		27,026		76
Real estate construction		6,865		0		31,124		2
Residential real estate		797		14		506		0
Commercial real estate		2,028		0		29,292		177
Loans to individuals		0		0		0		0
Subtotal		28,791		20		87,948		255
Total	$	82,098	$	105	$	135,270	$	282

	For the Three-Months Ended June 30,
	2012				2011
	Average recorded investment		Interest Income Recognized		Average recorded investment		Interest Income Recognized
	(dollars in thousands)
With no related allowance recorded:
Commercial, financial, agricultural and other	$	7,735	$	3	$	2,297	$	2
Real estate construction		10,118		0		10,204		2
Residential real estate		15,082		6		1,987		1
Commercial real estate		25,696		19		26,255		7
Loans to individuals		0		0		7		0
Subtotal		58,631		28		40,750		12
With an allowance recorded:
Commercial, financial, agricultural and other		17,441		3		30,770		74
Real estate construction		4,068		0		31,701		1
Residential real estate		644		7		722		0
Commercial real estate		1,253		0		39,912		164
Loans to individuals		0		0		0		0
Subtotal		23,406		10		103,105		239
Total	$	82,037	$	38	$	143,855	$	251

Troubled debt restructured loans are those loans whose terms have been renegotiated to provide a reduction or deferral of principal or interest as a result of the financial difficulties experienced by the borrower, who could not obtain comparable terms from alternate financing sources.

The following table provides detail as to the total troubled debt restructured loans and total commitments outstanding on troubled debt restructured loans:

	June 30, 2012		December 31, 2011
	(dollars in thousands)
Troubled debt restructured loans
Accrual status	$	6,251	$	20,276
Nonaccrual status		45,235		44,841
Total	$	51,486	$	65,117
Commitments
Letters of credit	$	0	$	12,580
Unused lines of credit		55		42
Total	$	55	$	12,622

At June 30, 2012, troubled debt restructured loans on accruing status decreased $14.0 million compared to December 31, 2011 and commitments related to troubled debt restructured loans decreased $12.6 million for the same period. These decreases are primarily a result of the payoff of an $11.3 million loan to a waste management company in Pennsylvania as a result of the sale of the business. In addition, a $2.2 million loan to a retail development company in western Pennsylvania paid off during the first quarter. During 2012 and 2011 the changes in loan balances between the pre-modification balance and the post-modification balance are due to customer payments.

The following tables provide detail, including specific reserve and reasons for modification, related to loans identified as troubled debt restructurings:

	For the Six-Months Ended June 30, 2012
			Type of Modification
	Number of Contracts		Extend Maturity		Modify Rate		Modify Payments		Total Pre-Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Specific Reserve
	(dollars in thousands)
Commercial, financial, agricultural and other		4	$	447	$	18	$	6,029	$	6,494	$	6,494	$	2,760
Real estate construction		1		823		0		0		823		815		0
Residential real estate		3		0		97		83		180		133		0
Total		8	$	1,270	$	115	$	6,112	$	7,497	$	7,442	$	2,760

	For the Six-Months Ended June 30, 2011
			Type of Modification
	Number of Contracts		Extend Maturity		Modify Rate		Modify Payments		Total Pre-Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Specific Reserve
	(dollars in thousands)
Commercial, financial, agricultural and other		9	$	100	$	105	$	2,168	$	2,373	$	2,370	$	720
Real estate construction		4		354		0		0		354		371		15
Residential real estate		3		0		27		75		102		101		0
Commercial real estate		15		17,163		199		1,497		18,859		18,758		1,743
Total		31	$	17,617	$	331	$	3,740	$	21,688	$	21,600	$	2,478

The troubled debt restructurings included in the above tables are also included in the impaired loan tables provided earlier in this note. Loans defined as modified due to a change in rate include loans that were modified for a change in rate as well as a reamortization of the principal and an extension of the maturity. For the six-months ended June 30, 2012 and 2011, $0.1 million and $0.3 million, respectively, of total rate modifications represent loans with modifications to the rate as well as payment due to reamortization.

The following tables provide detail, including specific reserve and reasons for modification, related to loans identified as troubled debt restructurings:

	For the Three-Months Ended June 30, 2012
			Type of Modification
	Number of Contracts		Extend Maturity		Modify Rate		Modify Payments		Total Pre-Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Specific Reserve
	(dollars in thousands)
Commercial, financial, agricultural and other		4	$	447	$	18	$	6,029	$	6,494	$	6,494	$	2,760
Real estate construction		1		823		0		0		823		815		0
Residential real estate		1		0		0		83		83		82		0
Total		6	$	1,270	$	18	$	6,112	$	7,400	$	7,391	$	2,760

	For the Three-Months Ended June 30, 2011
			Type of Modification
	Number of Contracts		Extend Maturity		Modify Rate		Modify Payments		Total Pre-Modification Outstanding Recorded Investment		Post- Modification Outstanding Recorded Investment		Specific Reserve
	(dollars in thousands)
Commercial, financial, agricultural and other		0	$	0	$	0	$	0	$	0	$	0	$	0
Real estate construction		1		0		0		0		0		0		0
Residential real estate		2		0		15		75		90		90		0
Commercial real estate		4		10,033		0		849		10,882		10,839		250
Total		7	$	10,033	$	15	$	924	$	10,972	$	10,929	$	250

The troubled debt restructurings included in the above tables are also included in the impaired loan tables provided earlier in this note. Loans defined as modified due to a change in rate include loans that were modified for a change in rate as well as a reamortization of the principal and an extension of the maturity. For the three-months ended June 30, 2012 and 2011, $18 thousand and $15 thousand, respectively, of total rate modifications represent loans with modifications to the rate as well as payment due to reamortization.

During the three-months ended June 30, 2012, a $2.8 million nonaccrual loan to a water treatment plant and a $3.7 million accruing loan to a gas well servicing operation were each restructured with a twelve month principal forbearance. The nonaccrual loan is fully reserved for while the accruing loan is secured by company assets with no reserve allocation. These loans are part of a $21.0 million commercial loan relationship with a shallow gas well operator whose business has been impacted by the sharp decline in natural gas prices due to the success of Marcellus deep well drilling. In addition to these two loans, other loans in this relationship include loans to a related exploration and production company and loans to the principal which are secured by real estate and investment securities.

During the second quarter of 2011, a $0.2 million real estate construction commitment was originated to a customer whose relationship was previously restructured and classified as a troubled debt restructuring. As a result, this commitment was labeled as troubled debt even though no funds had been drawn. As a result, the commitment is listed in both the quarter-to-date and year-to-date tables even though it has no balance.

A troubled debt restructuring is considered to be in default when a restructured loan is 90 days or more past due. There were no restructured loans considered to default during the three-months ended June 30, 2012 and 2011. The following provides information related to restructured loans that were considered to default during the six-months ended June 30:

	2012				2011
	Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment
	(dollars in thousands)
Commercial, financial, agricultural and other		0	$	0		1	$	150
Real estate construction		0		0		1		88
Total		0	$	0		2	$	238

The following tables provide detail related to the allowance for credit losses:

	For the Six-Months Ended June 30, 2012
	Commercial, financial, agricultural and other			Real estate construction			Residential real estate			Commercial real estate			Loans to individuals			Unallocated		Total
	(dollars in thousands)
Allowance for credit losses:
Beginning Balance	$	18,200		$	6,756		$	8,237		$	18,961		$	4,244		$	4,836	$	61,234
Charge-offs		(3,668	)		(340	)		(2,454	)		(541	)		(1,738	)		0		(8,741	)
Recoveries		275			92			282			186			264			0		1,099
Provision		4,495			1,493			554			(968	)		1,439			1,071		8,084
Ending Balance	$	19,302		$	8,001		$	6,619		$	17,638		$	4,209		$	5,907	$	61,676
Ending balance: individually evaluated for impaired	$	8,046		$	2,747		$	431		$	510		$	0		$	0	$	11,734
Ending balance: collectively evaluated for impaired		11,256			5,254			6,188			17,128			4,209			5,907		49,942
Loans:
Ending balance		1,059,675			77,442			1,213,610			1,232,270			576,534					4,159,531
Ending balance: individually evaluated for impaired		31,271			14,915			2,911			31,493			0					80,590
Ending balance: collectively evaluated for impaired		1,028,404			62,527			1,210,699			1,200,777			576,534					4,078,941

	For the Six-Months Ended June 30, 2011
	Commercial, financial, agricultural and other			Real estate construction			Residential real estate			Commercial real estate			Loans to individuals			Unallocated			Total
	(dollars in thousands)
Allowance for credit losses:
Beginning Balance	$	21,700		$	18,002		$	5,454		$	16,913		$	4,215		$	4,945		$	71,229
Charge-offs		(2,957	)		(8,048	)		(1,700	)		(5,575	)		(1,522	)		0			(19,802	)
Recoveries		261			0			96			164			289			0			810
Provision		4,171			7,747			3,020			7,278			888			(175	)		22,929
Ending Balance	$	23,175		$	17,701		$	6,870		$	18,780		$	3,870		$	4,770		$	75,166
Ending balance: individually evaluated for impaired	$	12,717		$	14,222		$	216		$	7,711		$	0		$	0		$	34,866
Ending balance: collectively evaluated for impaired		10,458			3,479			6,654			11,069			3,870			4,770			40,300
Loans:
Ending balance		943,186			146,113			1,101,859			1,270,797			530,103						3,992,058
Ending balance: individually evaluated for impaired		40,447			37,087			2,174			63,743			0						143,451
Ending balance: collectively evaluated for impaired		902,739			109,026			1,099,685			1,207,054			530,103						3,848,607

	For the Three-Months Ended June 30, 2012
	Commercial, financial, agricultural and other			Real estate construction			Residential real estate			Commercial real estate			Loans to individuals			Unallocated			Total
	(dollars in thousands)
Allowance for credit losses:
Beginning Balance	$	18,143		$	6,427		$	6,702		$	19,371		$	4,252		$	5,837		$	60,732
Charge-offs		(1,754	)		(150	)		(742	)		(306	)		(797	)		0			(3,749	)
Recoveries		37			36			149			28			146			0			396
Provision		2,876			1,688			510			(1,455	)		608			70			4,297
Ending Balance	$	19,302		$	8,001		$	6,619		$	17,638		$	4,209		$	5,907		$	61,676
	For the Three-Months Ended June 30, 2011
	Commercial, financial, agricultural and other			Real estate construction			Residential real estate			Commercial real estate			Loans to individuals			Unallocated			Total
	(dollars in thousands)
Allowance for credit losses:
Beginning Balance	$	22,436		$	18,779		$	6,682		$	20,174		$	3,861		$	4,860		$	76,792
Charge-offs		(1,997	)		(3,049	)		(596	)		(4,809	)		(743	)		0			(11,194	)
Recoveries		157			0			77			88			134			0			456
Provision		2,579			1,971			707			3,327			618			(90	)		9,112
Ending Balance	$	23,175		$	17,701		$	6,870		$	18,780		$	3,870		$	4,770		$	75,166