NOTE 3. LOANS

	June 30,			December 31,
(dollars in thousands)	2015			2014
Commercial and industrial loans:
Working capital lines of credit loans	$606,169	20.9	%	$544,043	19.7	%
Non-working capital loans	537,708	18.6		491,330	17.8
Total commercial and industrial loans	1,143,877	39.5		1,035,373	37.5

Commercial real estate and multi-family residential loans:
Construction and land development loans	152,292	5.3		156,636	5.7
Owner occupied loans	409,650	14.2		403,154	14.6
Nonowner occupied loans	399,583	13.8		394,458	14.3
Multifamily loans	90,175	3.1		71,811	2.6
Total commercial real estate and multi-family residential loans	1,051,700	36.3		1,026,059	37.1

Agri-business and agricultural loans:
Loans secured by farmland	156,001	5.4		137,407	5.0
Loans for agricultural production	95,327	3.3		136,380	4.9
Total agri-business and agricultural loans	251,328	8.7		273,787	9.9

Other commercial loans	82,247	2.8		75,715	2.7
Total commercial loans	2,529,152	87.4		2,410,934	87.3

Consumer 1-4 family mortgage loans:
Closed end first mortgage loans	148,977	5.1		145,167	5.3
Open end and junior lien loans	155,902	5.4		150,220	5.4
Residential construction and land development loans	8,821	0.3		6,742	0.2
Total consumer 1-4 family mortgage loans	313,700	10.8		302,129	10.9

Other consumer loans	50,813	1.8		49,541	1.8
Total consumer loans	364,513	12.6		351,670	12.7
Subtotal	2,893,665	100.0	%	2,762,604	100.0	%
Less: Allowance for loan losses	(44,816)			(46,262)
Net deferred loan fees	(203)			(284)
Loans, net	$2,848,646			$2,716,058

The recorded investment in loans does not include accrued interest.

The Company had $925,000 in residential real estate loans in process of foreclosure as of June 30, 2015.