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Allowance for Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2017
Allowance for Loan and Lease Losses Write-offs, Net [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 three months
ended March 31. 
Allowance for Loan Losses:
 
March 31, 2017
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
9,731

 
$
1,553

 
$
5,767

 
$
1,722

 
$
18,773

Provision for loan losses
 
(514
)
 
51

 
1,593

 
466

 
1,596

Loans charged -off
 
(418
)
 
(261
)
 
(1,595
)
 
—

 
(2,274
)
Recoveries
 
578

 
153

 
569

 
—

 
1,300

Ending Balance
 
$
9,377

 
$
1,496

 
$
6,334

 
$
2,188

 
$
19,395



Allowance for Loan Losses:
 
March 31, 2016
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Beginning balance
 
$
11,482

 
$
1,834

 
$
4,945

 
$
1,685

 
$
19,946

Provision for loan losses
 
(275
)
 
125

 
787

 
198

 
835

Loans charged -off
 
(267
)
 
(239
)
 
(1,134
)
 
—

 
(1,640
)
Recoveries
 
228

 
49

 
508

 
—

 
785

Ending Balance
 
$
11,168

 
$
1,769

 
$
5,106

 
$
1,883

 
$
19,926


 
 
 
 
 
 
 
 
 
 
 
Allocation of the allowance for loan losses by portfolio segment based on the impairment method
The following table presents the allocation of the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method at March 31, 2017 and December 31, 2016. 
Allowance for Loan Losses
 
March 31, 2017
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
$
160

 
$
68

 
$
—

 
$
—

 
$
228

Collectively evaluated for impairment
 
9,217

 
1,428

 
6,334

 
2,188

 
19,167

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
9,377

 
$
1,496

 
$
6,334

 
$
2,188

 
$
19,395

 
Loans:
 
March 31, 2017
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
$
6,335

 
$
528

 
$
—

 
 
 
$
6,863

Collectively evaluated for impairment
 
1,100,312

 
421,552

 
309,404

 
 
 
1,831,268

Acquired with deteriorated credit quality
 
1,970

 
—

 
—

 
 
 
1,970

Ending Balance
 
$
1,108,617

 
$
422,080

 
$
309,404

 
 
 
$
1,840,101


Allowance for Loan Losses:
 
December 31, 2016
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Individually evaluated for impairment
 
242

 
89

 
—

 
—

 
331

Collectively evaluated for impairment
 
9,489

 
1,464

 
5,767

 
1,722

 
18,442

Acquired with deteriorated credit quality
 
—

 
—

 
—

 
—

 
—

Ending Balance
 
$
9,731

 
$
1,553

 
$
5,767

 
$
1,722

 
$
18,773


Loans
 
December 31, 2016
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
 
 
Total
Individually evaluated for impairment
 
8,051

 
549

 
—

 
 
 
8,600

Collectively evaluated for impairment
 
1,101,269

 
423,099

 
307,226

 
 
 
1,831,594

Acquired with deteriorated credit quality
 
3,415

 
1,431

 
—

 
 
 
4,846

Ending Balance
 
$
1,112,735

 
$
425,079

 
$
307,226

 
 
 
$
1,845,040
Schedule of loans individually evaluated for impairment by class of loans
The following tables present loans individually evaluated for impairment by class of loans. 

 
 
 
 
 
 
March 31, 2017
 
 
 
 
 
 
Unpaid
Principal
 
Recorded
 
Allowance
for Loan
Losses
 
Average
Recorded
 
Interest
Income
 
Cash Basis
Interest
(Dollar amounts in thousands)
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
1,089

 
$
1,089

 
$
—

 
$
1,135

 
$
—

 
$
—

Farmland
 
—

 
—

 
—

 
413

 
—

 
—

Non Farm, Non Residential
 
3,013

 
3,013

 
—

 
3,005

 
—

 
—

Agriculture
 
505

 
370

 
—

 
429

 
—

 
—

All Other Commercial
 
1,338

 
1,338

 
—

 
1,353

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
25

 
25

 
—

 
25

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
525

 
525

 
160

 
531

 
—

 
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
—

 
—

 
—

 
329

 
—

 
—

Agriculture
 
—

 
—

 
—

 
—

 
—

 
—

All Other Commercial
 
—

 
—

 
—

 
—

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
503

 
503

 
68

 
514

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
6,998

 
$
6,863

 
$
228

 
$
7,734

 
$
—

 
$
—

 



 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
Unpaid
Principal
 
Recorded
 
Allowance
for Loan
Losses
 
Average
Recorded
 
Interest
Income
 
Cash Basis
Interest
Income
(Dollar amounts in thousands)
 
Balance
 
Investment
 
Allocated
 
Investment
 
Recognized
 
Recognized
With no related allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
1,181

 
$
1,181

 
$
—

 
$
981

 
$
—

 
$
—

Farmland
 
826

 
826

 
—

 
770

 
—

 
—

Non Farm, Non Residential
 
3,368

 
2,996

 
—

 
3,096

 
—

 
—

Agriculture
 
622

 
487

 
—

 
351

 
—

 
—

All Other Commercial
 
1,367

 
1,367

 
—

 
1,477

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
25

 
25

 
—

 
27

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

With an allowance recorded:
 
 

 
 

 
 

 
 

 
 

 
 

Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
537

 
537

 
36

 
819

 
—

 
—

Farmland
 
—

 
—

 
—

 
—

 
—

 
—

Non Farm, Non Residential
 
657

 
657

 
206

 
1,016

 


 
—

Agriculture
 
—

 
—

 
—

 
114

 
—

 
—

All Other Commercial
 
—

 
—

 
—

 
45

 
—

 
—

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
524

 
524

 
89

 
647

 
—

 
—

Home Equity
 
—

 
—

 
—

 
—

 
—

 
—

Junior Liens
 
—

 
—

 
—

 
—

 
—

 
—

Multifamily
 
—

 
—

 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
—

 
—

 
—

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
—

 
—

 
—

 
—

All Other Consumer
 
—

 
—

 
—

 
—

 
—

 
—

TOTAL
 
$
9,107

 
$
8,600

 
$
331

 
$
9,343

 
$
—

 
$
—

 
Schedule of non-performing loans
The tables below presents the recorded investment in non-performing loans.
 
 
March 31, 2017
 
 
Loans Past
Due Over
90 Day Still
 
Troubled
Debt
 
 
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
Nonaccrual
Commercial
 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
—

 
$
3

 
$
337

 
$
2,155

Farmland
 
—

 
—

 
—

 
104

Non Farm, Non Residential
 
—

 
3

 
2,960

 
311

Agriculture
 
—

 
—

 
—

 
595

All Other Commercial
 
—

 
—

 
—

 
1,352

Residential
 
 

 
 

 
 
 
 

First Liens
 
143

 
3,384

 
753

 
5,024

Home Equity
 
—

 
—

 
—

 
271

Junior Liens
 
—

 
—

 
—

 
230

Multifamily
 
—

 
—

 
—

 
—

All Other Residential
 
12

 
—

 
—

 
91

Consumer
 
 

 
 

 
 
 
 

Motor Vehicle
 
336

 
47

 
—

 
211

All Other Consumer
 
21

 
164

 
574

 
762

TOTAL
 
$
512

 
$
3,601

 
$
4,624

 
$
11,106


 
 
December 31, 2016
 
 
Loans Past
Due Over
90 Day Still
 
Troubled
Debt
 
 
(Dollar amounts in thousands)
 
Accruing
 
Accruing
 
Nonaccrual
 
Nonaccrual
Commercial
 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
45

 
$
3

 
$
383

 
$
2,405

Farmland
 
—

 
—

 
—

 
978

Non Farm, Non Residential
 
—

 
60

 
2,941

 
1,027

Agriculture
 
—

 
—

 
—

 
744

All Other Commercial
 
—

 
—

 
—

 
1,380

Residential
 
 

 
 

 
 
 
 

First Liens
 
276

 
3,525

 
995

 
5,496

Home Equity
 
—

 
—

 
—

 
285

Junior Liens
 
55

 
—

 
—

 
202

Multifamily
 
—

 
—

 
—

 
—

All Other Residential
 
—

 
—

 
—

 
94

Consumer
 
 

 
 

 
 
 
 

Motor Vehicle
 
293

 
60

 
—

 
140

All Other Consumer
 
—

 
150

 
517

 
741

TOTAL
 
$
669

 
$
3,798

 
$
4,836

 
$
13,492
Troubled Debt Restructurings on Financing Receivables
During the three months ended March 31, 2017 and 2016, the terms of certain loans were modified as troubled debt restructurings (TDRs). The following tables present the activity for TDR's.
 
 
 
 
2017
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
3,386

 
$
4,447

 
$
732

 
$
8,565

    Added
 
—

 
—

 
168

 
168

    Charged Off
 
—

 
(33
)
 
(23
)
 
(56
)
    Payments
 
(84
)
 
(346
)
 
(89
)
 
(519
)
March 31,
 
$
3,302

 
$
4,068

 
$
788

 
$
8,158

 
 
 
 
2016
 
 
(Dollar amounts in thousands)
 
Commercial
 
Residential
 
Consumer
 
Total
January 1,
 
$
3,584

 
$
5,593

 
$
683

 
$
9,860

    Added
 
—

 
80

 
88

 
168

    Charged Off
 
—

 
(56
)
 
(20
)
 
(76
)
    Payments
 
(55
)
 
(332
)
 
(56
)
 
(443
)
March 31,
 
$
3,529

 
$
5,285

 
$
695

 
$
9,509

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aging of recorded investment in loans by past due category and class of loans
The following tables presents the aging of the recorded investment in loans by past due category and class of loans.  
 
 
March 31, 2017
 
 
30-59 Days
 
60-89 Days
 
Greater
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
408

 
$
72

 
$
1,137

 
$
1,617

 
$
488,548

 
$
490,165

Farmland
 
41

 
966

 
—

 
1,007

 
107,127

 
108,134

Non Farm, Non Residential
 
—

 
42

 
69

 
111

 
191,868

 
191,979

Agriculture
 
79

 
—

 
370

 
449

 
136,568

 
137,017

All Other Commercial
 
—

 
—

 
19

 
19

 
181,303

 
181,322

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
3,004

 
465

 
1,065

 
4,534

 
258,244

 
262,778

Home Equity
 
127

 
5

 
12

 
144

 
34,841

 
34,985

Junior Liens
 
178

 
59

 
143

 
380

 
37,854

 
38,234

Multifamily
 
—

 
—

 
—

 
—

 
73,407

 
73,407

All Other Residential
 
61

 
—

 
13

 
74

 
12,602

 
12,676

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
2,396

 
383

 
374

 
3,153

 
282,782

 
285,935

All Other Consumer
 
74

 
8

 
24

 
106

 
23,363

 
23,469

TOTAL
 
$
6,368

 
$
2,000

 
$
3,226

 
$
11,594

 
$
1,828,507

 
$
1,840,101

 
 
 
December 31, 2016
 
 
30-59 Days
 
60-89 Days
 
Greater
than 90 days
 
Total
 
 
 
 
(Dollar amounts in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Past Due
 
Current
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
370

 
$
114

 
$
1,199

 
$
1,683

 
$
474,406

 
$
476,089

Farmland
 
235

 
22

 
46

 
303

 
110,897

 
111,200

Non Farm, Non Residential
 
153

 
—

 
215

 
368

 
195,120

 
195,488

Agriculture
 
246

 
—

 
467

 
713

 
151,059

 
151,772

All Other Commercial
 
15

 
—

 
—

 
15

 
178,171

 
178,186

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
3,862

 
954

 
1,516

 
6,332

 
264,446

 
270,778

Home Equity
 
186

 
64

 
27

 
277

 
35,782

 
36,059

Junior Liens
 
271

 
—

 
224

 
495

 
36,912

 
37,407

Multifamily
 
—

 
—

 
—

 
—

 
67,799

 
67,799

All Other Residential
 
42

 
12

 
—

 
54

 
12,982

 
13,036

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
4,048

 
732

 
313

 
5,093

 
277,604

 
282,697

All Other Consumer
 
143

 
22

 
3

 
168

 
24,361

 
24,529

TOTAL
 
$
9,571

 
$
1,920

 
$
4,010

 
$
15,501

 
$
1,829,539

 
$
1,845,040
Analysis of risk category of loans by class of loans
Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. Loans listed as not rated are either less than $100 thousand or are included in groups of homogeneous loans. As of March 31, 2017 and December 31, 2016, and based on the most recent analysis performed, the risk category of loans by class of loans are as follows:
 
 
March 31, 2017
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
443,015

 
$
16,559

 
$
22,812

 
$
437

 
$
6,066

 
$
488,889

Farmland
 
96,199

 
6,256

 
4,208

 
—

 
31

 
106,694

Non Farm, Non Residential
 
170,406

 
5,101

 
16,077

 
—

 
—

 
191,584

Agriculture
 
109,224

 
14,404

 
10,978

 
—

 
288

 
134,894

All Other Commercial
 
170,558

 
383

 
8,047

 
76

 
1,547

 
180,611

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
44,895

 
1,687

 
3,837

 
18

 
211,558

 
261,995

Home Equity
 
344

 
—

 
78

 
—

 
34,505

 
34,927

Junior Liens
 
1,786

 
83

 
369

 
25

 
35,882

 
38,145

Multifamily
 
73,150

 
—

 
—

 
—

 
103

 
73,253

All Other Residential
 
—

 
—

 
33

 
—

 
12,610

 
12,643

Consumer
 
 

 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
410

 
—

 
284,416

 
284,826

All Other Consumer
 
—

 
—

 
22

 
—

 
23,348

 
23,370

TOTAL
 
$
1,109,577

 
$
44,473

 
$
66,871

 
$
556

 
$
610,354

 
$
1,831,831

 
 
December 31, 2016
(Dollar amounts in thousands)
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Not Rated
 
Total
Commercial
 
 

 
 

 
 

 
 

 
 

 
 

Commercial & Industrial
 
$
427,262

 
$
16,286

 
$
25,177

 
$
449

 
$
5,730

 
$
474,904

Farmland
 
95,115

 
8,300

 
5,238

 
—

 
532

 
109,185

Non Farm, Non Residential
 
172,739

 
5,745

 
16,601

 
—

 
—

 
195,085

Agriculture
 
121,983

 
13,885

 
12,301

 
—

 
1,366

 
149,535

All Other Commercial
 
163,492

 
596

 
10,058

 
76

 
3,251

 
177,473

Residential
 
 

 
 

 
 

 
 

 
 

 
 

First Liens
 
43,674

 
1,541

 
4,466

 
18

 
220,249

 
269,948

Home Equity
 
363

 
—

 
86

 
—

 
35,554

 
36,003

Junior Liens
 
1,826

 
85

 
401

 
26

 
34,977

 
37,315

Multifamily
 
66,133

 
1,430

 
15

 
—

 
65

 
67,643

All Other Residential
 
—

 
—

 
—

 
—

 
13,002

 
13,002

Consumer
 


 
 

 
 

 
 

 
 

 
 

Motor Vehicle
 
—

 
—

 
331

 
—

 
281,134

 
281,465

All Other Consumer
 
—

 
—

 
25

 
—

 
24,391

 
24,416

TOTAL
 
$
1,092,587

 
$
47,868

 
$
74,699

 
$
569

 
$
620,251

 
$
1,835,974