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ALLOWANCE FOR LOAN LOSSES: (Tables)
 12 Months Ended
Dec. 31, 2015
Allowance For Loan Losses Disclosure [Abstract]  
Schedule of allowances for loan losses by portfolio segment
The following table presents the activity of the allowance for loan losses by portfolio segment for the years ended December 31, 2015, 2014 and 2013.

Allowance for Loan Losses:
 
 
 
December 31, 2015
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
10,915

 
$
1,374

 
$
4,370

 
$
2,180

 
$
18,839

Provision for loan losses
 
990

 
874

 
3,331

 
(495
)
 
4,700

Loans charged -off
 
(2,852
)
 
(866
)
 
(4,810
)
 
—

 
(8,528
)
Recoveries
 
2,429

 
452

 
2,054

 
—

 
4,935

Ending Balance
 
$
11,482

 
$
1,834

 
$
4,945

 
$
1,685

 
$
19,946



Allowance for Loan Losses:
 
 
 
December 31, 2014
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
12,450

 
$
1,585

 
$
3,650

 
$
2,383

 
$
20,068

Provision for loan losses*
 
1,053

 
134

 
3,401

 
(203
)
 
4,385

Loans charged -off
 
(3,522
)
 
(1,143
)
 
(4,785
)
 
—

 
(9,450
)
Recoveries
 
934

 
798

 
2,104

 
—

 
3,836

Ending Balance
 
$
10,915

 
$
1,374

 
$
4,370

 
$
2,180

 
$
18,839

* Provision before increase of $687 thousand in 2014 for decrease in FDIC indemnification asset
  
Allowance for Loan Losses:
 
 
 
December 31, 2013
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
10,987

 
$
5,426

 
$
3,879

 
$
1,666

 
$
21,958

Provision for loan losses*
 
3,144

 
629

 
1,985

 
717

 
6,475

Loans charged -off
 
(4,830
)
 
(4,942
)
 
(3,615
)
 
—

 
(13,387
)
Recoveries
 
3,149

 
472

 
1,401

 
—

 
5,022

Ending Balance
 
$
12,450

 
$
1,585

 
$
3,650

 
$
2,383

 
$
20,068

* Provision before increase of $1.4 million in 2013 for decrease in FDIC indemnification asset
Allocation of the allowance for loan losses by portfolio segment based on the impairment method
The following tables present the allocation of the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method at December 31, 2015 and 2014:
 
Allowance for Loan Losses:
 
 
 
December 31, 2015
 
 
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
953

 
$
206

 
$
—

 
$
—

 
$
1,159

Collectively evaluated for impairment
 
10,342

 
1,628

 
4,945

 
1,685

 
18,600

Acquired with deteriorated credit quality
 
187

 
—

 
—

 
—

 
187

BALANCE AT END OF YEAR
 
$
11,482

 
$
1,834

 
$
4,945

 
$
1,685

 
$
19,946

Loans
 
 

 
 

 
 

 
 

 
 

(Dollar amounts in thousands)
 
Commercial   
 
Residential   
 
Consumer   
 
 
 
Total   
Individually evaluated for impairment
 
$
8,823

 
$
902

 
$
—

 
 

 
$
9,725

Collectively evaluated for impairment
 
1,037,086

 
443,224

 
274,134

 
 

 
1,754,444

Acquired with deteriorated credit quality
 
4,092

 
1,529

 
—

 
 

 
5,621

BALANCE AT END OF YEAR
 
$
1,050,001

 
$
445,655

 
$
274,134

 
 

 
$
1,769,790


Allowance for Loan Losses:
 
 
 
December 31, 2014
 
 
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
1,911

 
$
—

 
$
—

 
$
—

 
$
1,911

Collectively evaluated for impairment
 
8,733

 
1,365

 
4,370

 
2,180

 
16,648

Acquired with deteriorated credit quality
 
271

 
9

 
—

 
—

 
280

BALANCE AT END OF YEAR
 
$
10,915

 
$
1,374

 
$
4,370

 
$
2,180

 
$
18,839

Loans
 
 

 
 

 
 

 
 

 
 

(Dollar amounts in thousands)
 
Commercial   

 
Residential   

 
Consumer   

 
 

 
Total   

Individually evaluated for impairment
 
$
14,573

 
$
33

 
$
—

 
 

 
$
14,606

Collectively evaluated for impairment
 
1,030,949

 
468,872

 
267,880

 
 

 
1,767,701

Acquired with deteriorated credit quality
 
4,887

 
1,631

 
—

 
 

 
6,518

BALANCE AT END OF YEAR
 
$
1,050,409

 
$
470,536

 
$
267,880

 
 

 
$
1,788,825
Schedule of loans individually evaluated for impairment by class of loans
The following table presents loans individually evaluated for impairment by class of loan.
 
December 31, 2015
 
 
 
 
 
Allowance
 
 
 
 
 
Cash Basis
 
 
Unpaid
 
 
 
for Loan
 
Average
 
Interest
 
Interest
 
 
Principal
 
Recorded
 
Losses
 
Recorded
 
Income
 
Income
 
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
1,516

 
$
1,223

 
$
—

 
$
1,796

 
$
—

 
$
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
3,202

 
3,202

 
—

 
2,080

 
—

 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
1,760

 
1,760

 
—

 
1,175

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
29

 
29

 
—

 
18

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
998

 
998

 
212

 
3,463

 
—

 
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
1,415

 
1,415

 
741

 
3,682

 


 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
225

 
225

 
—

 
483

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
873

 
873

 
206

 
460

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 


 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
10,018

 
$
9,725

 
$
1,159

 
$
13,157

 
$
—

 
$
—

 












December 31, 2014
 
 
 
 
 
Allowance
 
 
 
 
 
Cash Basis
 
 
Unpaid
 
 
 
for Loan
 
Average
 
Interest
 
Interest
 
 
Principal
 
Recorded
 
Losses
 
Recorded
 
Income
 
Income
 
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
1,200

 
$
926

 
$
—

 
$
2,589

 
$
—

 
$
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
—

 
—

 
—

 
58

 
—

 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
292

 
292

 
—

 
58

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
—

 
—

 
—

 
5

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
7,388

 
5,874

 
1,056

 
6,177

 
—

 
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
6,654

 
6,654

 
753

 
6,698

 


 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
827

 
827

 
102

 
1,112

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
33

 
33

 
—

 
35

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 


 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
16,394

 
$
14,606

 
$
1,911

 
$
16,732

 
$
—

 
$
—

 

 
December 31, 2013
 
 
 
 
 
Cash Basis
 
 
Average
 
Interest
 
Interest
 
 
Recorded
 
Income
 
Income
 
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

Commercial
 
 

 
 

 
 

Commercial & Industrial
 
$
1,555

 
$
—

 
$
—

Farmland
 
—

 
—

 
—

Non Farm, Non Residential
 
26

 
—

 
—

Agriculture
 
—

 
—

 
—

All Other Commercial
 
—

 
—

 
—

Residential
 
 

 
 

 
 

First Liens
 
7

 
—

 
—

Home Equity
 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

Consumer
 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

Commercial
 
 

 
 

 
 

Commercial & Industrial
 
13,029

 
217

 
217

Farmland
 
356

 
113

 
113

Non Farm, Non Residential
 
7,921

 
—

 
—

Agriculture
 
—

 
—

 
—

All Other Commercial
 
2,979

 
—

 
—

Residential
 
 

 
 

 
 

First Liens
 
524

 
—

 
—

Home Equity
 
113

 
—

 
—

Junior Liens
 
—

 
—

 
—

Multifamily
 
2,216

 
—

 
—

All Other Residential
 
—

 
—

 
—

Consumer
 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

TOTAL
 
$
28,726

 
$
330

 
$
330
Schedule of non-performing loans
The following table presents the recorded investment in nonperforming loans by class of loans.
 
 
December 31, 2015
 
 
 
 
Loans Past
 
Troubled Debt
 
 
 
 
Due Over
90 Day Still
 
Restructured
 
 
(Dollar amounts in thousands)
 
Accruing
 
Accrual
 
Non-accrual
 
Non-accrual
Commercial
 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
—

 
$
5

 
$
422

 
$
3,187

Farmland
 
—

 
—

 
—

 
219

Non Farm, Non Residential
 
—

 
6

 
3,152

 
2,545

Agriculture
 
—

 
—

 
—

 
378

All Other Commercial
 
—

 
—

 
—

 
1,817

Residential
 
 

 


 
 
 
 

First Liens
 
809

 
4,577

 
1,034

 
4,839

Home Equity
 
10

 
—

 
—

 
320

Junior Liens
 
45

 
—

 
—

 
211

Multifamily
 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
111

Consumer
 
 

 
 

 
 
 
 

Motor Vehicle
 
148

 
—

 
2

 
213

All Other Consumer
 
4

 
—

 
400

 
794

TOTAL
 
$
1,016

 
$
4,588

 
$
5,010

 
$
14,634
Troubled debt restructurings on financing receivables
During the years ending December 31, 2015 and 2014, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDR's.
 
 
 
 
 
 
 
 
2015
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
8,955

 
$
5,189

 
$
614

 
$
14,758

    Added
 
—

 
748

 
342

 
1,090

    Charged Off
 
—

 
(65
)
 
(52
)
 
(117
)
    Payments
 
(5,371
)
 
(279
)
 
(221
)
 
(5,871
)
December 31,
 
$
3,584

 
$
5,593

 
$
683

 
$
9,860

 
 
 
 
 
 
 
 
2014
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
12,327

 
$
4,330

 
$
644

 
$
17,301

    Added
 
441

 
1,523

 
347

 
2,311

    Charged Off
 
(1,069
)
 
(93
)
 
(109
)
 
(1,271
)
    Payments
 
(2,744
)
 
(571
)
 
(268
)
 
(3,583
)
December 31,
 
$
8,955

 
$
5,189

 
$
614

 
$
14,758
Aging of recorded investment in loans by past due category and class of loans
The following table presents the aging of the recorded investment in loans by past due category and class of loans.
 
 
 
 
 
 
Greater
 
 
 
 
 
 
December 31, 2015
 
30-59 Days
 
60-89 Days
 
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
326

 
$
274

 
$
1,405

 
$
2,005

 
$
476,984

 
$
478,989

Farmland
 
135

 
—

 
—

 
135

 
106,725

 
106,860

Non Farm, Non Residential
 
1,824

 
90

 
310

 
2,224

 
206,844

 
209,068

Agriculture
 
65

 
38

 
324

 
427

 
143,116

 
143,543

All Other Commercial
 
25

 
32

 
—

 
57

 
111,484

 
111,541

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
4,960

 
1,181

 
1,671

 
7,812

 
285,913

 
293,725

Home Equity
 
85

 
23

 
114

 
222

 
37,502

 
37,724

Junior Liens
 
179

 
29

 
177

 
385

 
32,876

 
33,261

Multifamily
 
—

 
—

 
—

 
—

 
70,735

 
70,735

All Other Residential
 
15

 
—

 
—

 
15

 
10,195

 
10,210

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
3,212

 
568

 
181

 
3,961

 
247,882

 
251,843

All Other Consumer
 
38

 
10

 
5

 
53

 
22,238

 
22,291

TOTAL
 
$
10,864

 
$
2,245

 
$
4,187

 
$
17,296

 
$
1,752,494

 
$
1,769,790


 
 
 
 
 
 
Greater
 
 
 
 
 
 
December 31, 2014
 
30-59 Days
 
60-89 Days
 
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
574

 
$
416

 
$
3,046

 
$
4,036

 
$
451,549

 
$
455,585

Farmland
 
—

 
—

 
—

 
—

 
95,452

 
95,452

Non Farm, Non Residential
 
1,528

 
68

 
202

 
1,798

 
232,440

 
234,238

Agriculture
 
246

 
18

 
502

 
766

 
149,099

 
149,865

All Other Commercial
 
255

 
—

 
—

 
255

 
115,014

 
115,269

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
6,011

 
963

 
1,522

 
8,496

 
308,068

 
316,564

Home Equity
 
141

 
33

 
310

 
484

 
40,043

 
40,527

Junior Liens
 
270

 
83

 
217

 
570

 
31,487

 
32,057

Multifamily
 
—

 
—

 
—

 
—

 
72,310

 
72,310

All Other Residential
 
112

 
—

 
5

 
117

 
8,961

 
9,078

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
3,026

 
557

 
180

 
3,763

 
242,406

 
246,169

All Other Consumer
 
114

 
7

 
3

 
124

 
21,587

 
21,711

TOTAL
 
$
12,277

 
$
2,145

 
$
5,987

 
$
20,409

 
$
1,768,416

 
$
1,788,825
Analysis of risk category of loans by class of loans
As of December 31, 2015 and 2014, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
 
December 31, 2015
 
 
 
Special
 
 
 
 
 
 
 
 
(Dollar amounts in thousands)
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
417,880

 
$
20,422

 
$
32,778

 
$
757

 
$
5,638

 
$
477,475

Farmland
 
93,418

 
6,387

 
5,208

 
—

 
16

 
105,029

Non Farm, Non Residential
 
180,659

 
8,114

 
19,857

 
—

 
—

 
208,630

Agriculture
 
121,244

 
11,964

 
8,419

 
27

 
170

 
141,824

All Other Commercial
 
95,850

 
2,649

 
10,887

 
101

 
1,535

 
111,022

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
96,146

 
4,594

 
8,598

 
699

 
182,791

 
292,828

Home Equity
 
11,701

 
387

 
669

 
10

 
24,895

 
37,662

Junior Liens
 
7,493

 
86

 
505

 
58

 
25,033

 
33,175

Multifamily
 
68,972

 
1,602

 
—

 
—

 
23

 
70,597

All Other Residential
 
886

 
—

 
24

 
—

 
9,275

 
10,185

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
10,287

 
356

 
534

 
—

 
239,543

 
250,720

All Other Consumer
 
2,930

 
77

 
125

 
14

 
19,030

 
22,176

TOTAL
 
$
1,107,466

 
$
56,638

 
$
87,604

 
$
1,666

 
$
507,949

 
$
1,761,323

 
December 31, 2014
 
 
 
Special
 
 
 
 
 
 
 
 
(Dollar amounts in thousands)
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
393,449

 
$
29,081

 
$
24,013

 
$
2,900

 
$
4,717

 
$
454,160

Farmland
 
85,772

 
7,618

 
436

 
—

 
13

 
93,839

Non Farm, Non Residential
 
186,346

 
21,765

 
25,613

 
36

 
—

 
233,760

Agriculture
 
138,713

 
7,399

 
1,746

 
177

 
67

 
148,102

All Other Commercial
 
101,942

 
4,356

 
7,055

 
33

 
1,275

 
114,661

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
104,854

 
5,929

 
7,733

 
1,035

 
196,008

 
315,559

Home Equity
 
12,592

 
375

 
1,374

 
6

 
26,116

 
40,463

Junior Liens
 
8,112

 
173

 
561

 
63

 
23,053

 
31,962

Multifamily
 
69,080

 
1,801

 
1,249

 
—

 
3

 
72,133

All Other Residential
 
1,799

 
—

 
28

 
—

 
7,228

 
9,055

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
11,135

 
402

 
224

 
—

 
233,302

 
245,063

All Other Consumer
 
3,169

 
141

 
87

 
21

 
18,175

 
21,593

TOTAL
 
$
1,116,963

 
$
79,040

 
$
70,119

 
$
4,271

 
$
509,957

 
$
1,780,350