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ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Tables)
12 Months Ended
Dec. 31, 2016
Loans [Abstract]  
In Allowance For Loan Losses and Recorded Investment In Loans By Portfolio Segment
The following tables present the activity and balance in the allowance for loan losses by portfolio segment for the year ended December 31, 2016, 2015 and 2014:
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multi-family
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
December 31, 2016
 
 
 
Beginning balance
 
$
21,564
 
 
$
12,473
 
 
$
2,445
 
 
$
574
 
 
$
3,395
 
 
$
319
 
 
$
2,840
 
 
$
43,610
 
  Provision for loan losses
 
 
(952
)
 
 
1,209
 
 
 
1,068
 
 
 
(113
)
 
 
(197
)
 
 
188
 
 
 
(53
)
 
 
1,150
 
  Loans charged-off
 
 
(801
)
 
 
(566
)
 
 
0
 
 
 
0
 
 
 
(478
)
 
 
(210
)
 
 
0
 
 
 
(2,055
)
   Recoveries
 
 
461
 
 
 
336
 
 
 
19
 
 
 
0
 
 
 
107
 
 
 
90
 
 
 
0
 
 
 
1,013
 
    Net loans charged-off
 
 
(340
)
 
 
(230
)
 
 
19
 
 
 
0
 
 
 
(371
)
 
 
(120
)
 
 
0
 
 
 
(1,042
)
Ending balance
 
$
20,272
 
 
$
13,452
 
 
$
3,532
 
 
$
461
 
 
$
2,827
 
 
$
387
 
 
$
2,787
 
 
$
43,718
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multi-family
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
December 31, 2015
 
 
 
Beginning balance
 
$
22,785
 
 
$
14,153
 
 
$
1,790
 
 
$
276
 
 
$
3,459
 
 
$
483
 
 
$
3,316
 
 
$
46,262
 
  Provision for loan losses
 
 
(117
)
 
 
(673
)
 
 
635
 
 
 
420
 
 
 
246
 
 
 
(35
)
 
 
(476
)
 
 
0
 
  Loans charged-off
 
 
(1,320
)
 
 
(1,114
)
 
 
0
 
 
 
(122
)
 
 
(362
)
 
 
(255
)
 
 
0
 
 
 
(3,173
)
  Recoveries
 
 
216
 
 
 
107
 
 
 
20
 
 
 
0
 
 
 
52
 
 
 
126
 
 
 
0
 
 
 
521
 
    Net loans charged-off
 
 
(1,104
)
 
 
(1,007
)
 
 
20
 
 
 
(122
)
 
 
(310
)
 
 
(129
)
 
 
0
 
 
 
(2,652
)
Ending balance
 
$
21,564
 
 
$
12,473
 
 
$
2,445
 
 
$
574
 
 
$
3,395
 
 
$
319
 
 
$
2,840
 
 
$
43,610
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multi-family
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
December 31, 2014
 
 
 
Beginning balance
 
$
21,005
 
 
$
18,556
 
 
$
1,682
 
 
$
391
 
 
$
3,046
 
 
$
608
 
 
$
3,509
 
 
$
48,797
 
  Provision for loan losses
 
 
2,307
 
 
 
(2,771
)
 
 
88
 
 
 
(115
)
 
 
699
 
 
 
(15
)
 
 
(193
)
 
 
0
 
  Loans charged-off
 
 
(1,441
)
 
 
(2,560
)
 
 
0
 
 
 
0
 
 
 
(439
)
 
 
(245
)
 
 
0
 
 
 
(4,685
)
  Recoveries
 
 
914
 
 
 
928
 
 
 
20
 
 
 
0
 
 
 
153
 
 
 
135
 
 
 
0
 
 
 
2,150
 
    Net loans charged-off
 
 
(527
)
 
 
(1,632
)
 
 
20
 
 
 
0
 
 
 
(286
)
 
 
(110
)
 
 
0
 
 
 
(2,535
)
Ending balance
 
$
22,785
 
 
$
14,153
 
 
$
1,790
 
 
$
276
 
 
$
3,459
 
 
$
483
 
 
$
3,316
 
 
$
46,262
 

The following tables present balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2016 and 2015:
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multi-family
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending allowance balance attributable to loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Individually evaluated for impairment
 
$
3,191
 
 
$
576
 
 
$
0
 
 
$
0
 
 
$
296
 
 
$
51
 
 
$
0
 
 
$
4,114
 
    Collectively evaluated for impairment
 
 
17,081
 
 
 
12,876
 
 
 
3,532
 
 
 
461
 
 
 
2,531
 
 
 
336
 
 
 
2,787
 
 
 
39,604
 
Total ending allowance balance
 
$
20,272
 
 
$
13,452
 
 
$
3,532
 
 
$
461
 
 
$
2,827
 
 
$
387
 
 
$
2,787
 
 
$
43,718
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Loans individually evaluated for impairment
 
$
9,776
 
 
$
9,151
 
 
$
283
 
 
$
0
 
 
$
1,427
 
 
$
55
 
 
$
0
 
 
$
20,692
 
  Loans collectively evaluated for impairment
 
 
1,258,682
 
 
 
1,290,131
 
 
 
394,621
 
 
 
98,265
 
 
 
347,408
 
 
 
61,128
 
 
 
0
 
 
 
3,450,235
 
Total ending loans balance
 
$
1,268,458
 
 
$
1,299,282
 
 
$
394,904
 
 
$
98,265
 
 
$
348,835
 
 
$
61,183
 
 
$
0
 
 
$
3,470,927
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
and
 
 
Agri-business
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
and
 
 
Multi-family
 
 
and
 
 
Other
 
 
1-4 Family
 
 
Other
 
 
 
 
 
 
 
 
 
(dollars in thousands)
 
Industrial
 
 
Residential
 
 
Agricultural
 
 
Commercial
 
 
Mortgage
 
 
Consumer
 
 
Unallocated
 
 
Total
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending allowance balance attributable to loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Individually evaluated for impairment
 
$
2,781
 
 
$
465
 
 
$
0
 
 
$
5
 
 
$
358
 
 
$
50
 
 
$
0
 
 
$
3,659
 
    Collectively evaluated for impairment
 
 
18,783
 
 
 
12,008
 
 
 
2,445
 
 
 
569
 
 
 
3,037
 
 
 
269
 
 
 
2,840
 
 
 
39,951
 
Total ending allowance balance
 
$
21,564
 
 
$
12,473
 
 
$
2,445
 
 
$
574
 
 
$
3,395
 
 
$
319
 
 
$
2,840
 
 
$
43,610
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Loans individually evaluated for impairment
 
$
8,286
 
 
$
9,823
 
 
$
471
 
 
$
12
 
 
$
1,927
 
 
$
60
 
 
$
0
 
 
$
20,579
 
  Loans collectively evaluated for impairment
 
 
1,171,407
 
 
 
1,119,150
 
 
 
305,707
 
 
 
85,059
 
 
 
330,072
 
 
 
48,955
 
 
 
0
 
 
 
3,060,350
 
Total ending loans balance
 
$
1,179,693
 
 
$
1,128,973
 
 
$
306,178
 
 
$
85,071
 
 
$
331,999
 
 
$
49,015
 
 
$
0
 
 
$
3,080,929
 
Loans individually evaluated for impairment
The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2016:
 
 
 
Unpaid
 
 
 
 
Allowance for
 
 
 
Principal
 
Recorded
 
Loan Losses
 
(dollars in thousands)
 
Balance
 
Investment
 
Allocated
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
951
 
$
494
 
$
0
 
Non-working capital loans
 
 
3,007
 
 
1,358
 
 
0
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
126
 
 
126
 
 
0
 
Owner occupied loans
 
 
2,868
 
 
2,620
 
 
0
 
Nonowner occupied loans
 
 
4,632
 
 
4,633
 
 
0
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
603
 
 
283
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
161
 
 
147
 
 
0
 
Open end and junior lien loans
 
 
408
 
 
195
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
1,100
 
 
1,099
 
 
465
 
Non-working capital loans
 
 
6,827
 
 
6,825
 
 
2,726
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
1,773
 
 
1,772
 
 
576
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
1,152
 
 
1,085
 
 
296
 
Other consumer loans
 
 
55
 
 
55
 
 
51
 
Total
 
$
23,663
 
$
20,692
 
$
4,114
 
 
The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2015:
 
 
 
Unpaid
 
 
 
 
Allowance for
 
 
 
Principal
 
Recorded
 
Loan Losses
 
(dollars in thousands)
 
Balance
 
Investment
 
Allocated
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
20
 
$
20
 
$
0
 
Non-working capital loans
 
 
2,390
 
 
623
 
 
0
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
3,762
 
 
3,223
 
 
0
 
Nonowner occupied loans
 
 
4,894
 
 
4,898
 
 
0
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
969
 
 
471
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
45
 
 
45
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
1,318
 
 
1,318
 
 
535
 
Non-working capital loans
 
 
8,617
 
 
6,325
 
 
2,246
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
364
 
 
364
 
 
71
 
Owner occupied loans
 
 
949
 
 
949
 
 
232
 
Multifamily loans
 
 
389
 
 
389
 
 
162
 
Other commercial loans
 
 
12
 
 
12
 
 
5
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
1,695
 
 
1,629
 
 
331
 
Open end and junior lien loans
 
 
253
 
 
253
 
 
27
 
Other consumer loans
 
 
60
 
 
60
 
 
50
 
Total
 
$
25,737
 
$
20,579
 
$
3,659
 
 
The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2016:


 
 
 
 
 
 
 
Cash Basis
 
 
 
Average
 
Interest
 
Interest
 
 
 
Recorded
 
Income
 
Income
 
(dollars in thousands)
 
Investment
 
Recognized
 
Recognized
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
331
 
$
15
 
$
14
 
Non-working capital loans
 
 
996
 
 
16
 
 
13
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
114
 
 
10
 
 
10
 
Owner occupied loans
 
 
2,555
 
 
3
 
 
3
 
Nonowner occupied loans
 
 
4,732
 
 
292
 
 
286
 
Multifamily loans
 
 
8
 
 
0
 
 
0
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
393
 
 
0
 
 
0
 
Loans for ag production
 
 
677
 
 
5
 
 
4
 
Other commercial loans
 
 
1
 
 
0
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
91
 
 
2
 
 
2
 
Open end and junior lien loans
 
 
58
 
 
0
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
1,199
 
 
33
 
 
30
 
Non-working capital loans
 
 
4,685
 
 
151
 
 
151
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
186
 
 
0
 
 
0
 
Owner occupied loans
 
 
1,143
 
 
3
 
 
3
 
Nonowner occupied loans
 
 
19
 
 
0
 
 
0
 
Multifamily loans
 
 
256
 
 
12
 
 
11
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
Other commercial loans
 
 
8
 
 
0
 
 
1
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
1,392
 
 
36
 
 
34
 
Open end and junior lien loans
 
 
166
 
 
0
 
 
0
 
Other consumer loans
 
 
57
 
 
4
 
 
4
 
Total
 
$
19,067
 
$
582
 
$
566
 
 
The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2015:
 
 
 
 
 
 
 
 
 
Cash Basis
 
 
 
Average
 
Interest
 
Interest
 
 
 
Recorded
 
Income
 
Income
 
(dollars in thousands)
 
Investment
 
Recognized
 
Recognized
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
21
 
$
0
 
$
0
 
Non-working capital loans
 
 
619
 
 
2
 
 
2
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
132
 
 
0
 
 
0
 
Owner occupied loans
 
 
2,336
 
 
8
 
 
9
 
Nonowner occupied loans
 
 
4,635
 
 
105
 
 
108
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
426
 
 
0
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
261
 
 
0
 
 
0
 
Open end and junior lien loans
 
 
189
 
 
0
 
 
0
 
Residential construction loans
 
 
11
 
 
0
 
 
0
 
Other consumer loans
 
 
3
 
 
0
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
1,133
 
 
24
 
 
23
 
Non-working capital loans
 
 
8,705
 
 
326
 
 
333
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
382
 
 
16
 
 
17
 
Owner occupied loans
 
 
3,050
 
 
13
 
 
13
 
Nonowner occupied loans
 
 
817
 
 
0
 
 
0
 
Multifamily loans
 
 
32
 
 
0
 
 
0
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
50
 
 
0
 
 
0
 
Other commercial loans
 
 
3
 
 
0
 
 
0
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
2,357
 
 
60
 
 
60
 
Open end and junior lien loans
 
 
82
 
 
0
 
 
0
 
Other consumer loans
 
 
100
 
 
4
 
 
4
 
Total
 
$
25,344
 
$
558
 
$
569
 
 
The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2014:
 
 
 
 
 
 
 
 
 
Cash Basis
 
 
 
Average
 
Interest
 
Interest
 
 
 
Recorded
 
Income
 
Income
 
(dollars in thousands)
 
Investment
 
Recognized
 
Recognized
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
154
 
$
1
 
$
1
 
Non-working capital loans
 
 
174
 
 
1
 
 
1
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
265
 
 
0
 
 
0
 
Owner occupied loans
 
 
218
 
 
0
 
 
0
 
Nonowner occupied loans
 
 
1,019
 
 
139
 
 
139
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
240
 
 
0
 
 
0
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
697
 
 
0
 
 
0
 
Open end and junior lien loans
 
 
210
 
 
0
 
 
0
 
Residential construction loans
 
 
139
 
 
0
 
 
0
 
Other consumer loans
 
 
1
 
 
0
 
 
0
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
1,845
 
 
66
 
 
57
 
Non-working capital loans
 
 
13,806
 
 
513
 
 
513
 
Commercial real estate and multi-family residential loans:
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
1,977
 
 
45
 
 
46
 
Owner occupied loans
 
 
3,416
 
 
72
 
 
70
 
Nonowner occupied loans
 
 
7,220
 
 
0
 
 
0
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
381
 
 
0
 
 
0
 
Other commercial loans
 
 
5
 
 
0
 
 
0
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
2,680
 
 
74
 
 
77
 
Open end and junior lien loans
 
 
63
 
 
0
 
 
0
 
Other consumer loans
 
 
98
 
 
2
 
 
2
 
Total
 
$
34,608
 
$
913
 
$
906
 
Aging of the Recorded Investment in Past Due Loans
The following table presents the aging of the recorded investment in past due loans as of December 31, 2016 by class of loans:
 
 
 
 
 
 
30-89
 
Greater than
 
 
 
 
 
 
 
 
 
 
 
 
Loans Not
 
Days
 
90 Days
 
 
 
 
Total
 
 
 
 
(dollars in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Nonaccrual
 
Past Due
 
Total
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
624,213
 
$
9
 
$
0
 
$
140
 
$
149
 
$
624,362
 
Non-working capital loans
 
 
642,014
 
 
0
 
 
0
 
 
2,082
 
 
2,082
 
 
644,096
 
Commercial real estate and multi-family
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
244,411
 
 
0
 
 
0
 
 
0
 
 
0
 
 
244,411
 
Owner occupied loans
 
 
465,789
 
 
0
 
 
0
 
 
3,598
 
 
3,598
 
 
469,387
 
Nonowner occupied loans
 
 
457,880
 
 
0
 
 
0
 
 
122
 
 
122
 
 
458,002
 
Multi-family loans
 
 
127,482
 
 
0
 
 
0
 
 
0
 
 
0
 
 
127,482
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
172,349
 
 
0
 
 
0
 
 
283
 
 
283
 
 
172,632
 
Loans for agricultural production
 
 
222,272
 
 
0
 
 
0
 
 
0
 
 
0
 
 
222,272
 
Other commercial loans
 
 
98,265
 
 
0
 
 
0
 
 
0
 
 
0
 
 
98,265
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
161,499
 
 
1,072
 
 
53
 
 
213
 
 
1,338
 
 
162,837
 
Open end and junior lien loans
 
 
170,372
 
 
448
 
 
0
 
 
195
 
 
643
 
 
171,015
 
Residential construction loans
 
 
14,983
 
 
0
 
 
0
 
 
0
 
 
0
 
 
14,983
 
Other consumer loans
 
 
61,119
 
 
64
 
 
0
 
 
0
 
 
64
 
 
61,183
 
Total
 
$
3,462,648
 
$
1,593
 
$
53
 
$
6,633
 
$
8,279
 
$
3,470,927
 

The following table presents the aging of the recorded investment in past due loans as of December 31, 2015 by class of loans:
 
 
 
 
 
 
30-89
 
Greater than
 
 
 
 
 
 
 
 
 
 
 
 
Loans Not
 
Days
 
90 Days
 
 
 
 
Total
 
 
 
 
(dollars in thousands)
 
Past Due
 
Past Due
 
Past Due
 
Nonaccrual
 
Past Due
 
Total
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
579,081
 
$
350
 
$
0
 
$
913
 
$
1,263
 
$
580,344
 
Non-working capital loans
 
 
595,154
 
 
0
 
 
0
 
 
4,195
 
 
4,195
 
 
599,349
 
Commercial real estate and multi-family
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land development loans
 
 
230,336
 
 
0
 
 
0
 
 
0
 
 
0
 
 
230,336
 
Owner occupied loans
 
 
407,229
 
 
310
 
 
0
 
 
4,172
 
 
4,482
 
 
411,711
 
Nonowner occupied loans
 
 
404,146
 
 
423
 
 
0
 
 
3,000
 
 
3,423
 
 
407,569
 
Multi-family loans
 
 
79,357
 
 
0
 
 
0
 
 
0
 
 
0
 
 
79,357
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
163,911
 
 
0
 
 
0
 
 
471
 
 
471
 
 
164,382
 
Loans for agricultural production
 
 
141,706
 
 
90
 
 
0
 
 
0
 
 
90
 
 
141,796
 
Other commercial loans
 
 
85,071
 
 
0
 
 
0
 
 
0
 
 
0
 
 
85,071
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
156,525
 
 
1,187
 
 
0
 
 
49
 
 
1,236
 
 
157,761
 
Open end and junior lien loans
 
 
164,582
 
 
83
 
 
0
 
 
253
 
 
336
 
 
164,918
 
Residential construction loans
 
 
9,320
 
 
0
 
 
0
 
 
0
 
 
0
 
 
9,320
 
Other consumer loans
 
 
48,687
 
 
328
 
 
0
 
 
0
 
 
328
 
 
49,015
 
Total
 
$
3,065,105
 
$
2,771
 
$
0
 
$
13,053
 
$
15,824
 
$
3,080,929
 
Troubled Debt Restructuring
The Company is not committed to lend additional funds to debtors whose loans have been modified in a troubled debt restructuring.
 
(dollars in thousands)
 
2016
 
2015
 
Accruing troubled debt restructured loans
 
$
10,351
 
$
6,260
 
Nonaccrual troubled debt restructured loans
 
 
5,633
 
 
10,914
 
Total troubled debt restructured loans
 
$
15,984
 
$
17,174
 
Loans by Class Modified as Troubled Debt Restructurings
The following table presents loans by class modified as new troubled debt restructurings that occurred during the year ending December 31, 2016 not already noted above:
 
 
 
 
 
 
 
 
 
 
Modified Repayment Terms
 
 
 
 
 
 
Pre-Modification
 
Post-Modification
 
 
 
 
Extension
 
 
 
 
 
 
Outstanding
 
Outstanding
 
 
 
 
Period or
 
 
 
Number of
 
Recorded
 
Recorded
 
Number of
 
 
Range
 
(dollars in thousands)
 
Loans
 
Investment
 
Investment
 
Loans
 
 
(in months)
 
Troubled Debt Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-working capital loans
 
 
6
 
$
1,841
 
$
1,902
 
 
5
 
 
9-356
 
Commercial real estate and multi-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
3
 
 
718
 
 
717
 
 
3
 
 
13-24
 
Total
 
 
9
 
$
2,559
 
$
2,619
 
 
8
 
 
9-356
 
 
The following table presents loans by class modified as new troubled debt restructurings that occurred during the year ending December 31, 2015 not already noted above:
 
 
 
 
 
 
 
 
 
 
Modified Repayment Terms
 
 
 
 
 
 
Pre-Modification
 
Post-Modification
 
 
 
Extension
 
 
 
 
 
 
Outstanding
 
Outstanding
 
 
 
Period or
 
 
 
Number of
 
Recorded
 
Recorded
 
Number of
 
Range
 
(dollars in thousands)
 
Loans
 
Investment
 
Investment
 
Loans
 
(in months)
 
Troubled Debt Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
 
2
 
$
564
 
$
564
 
 
 
 
 
 
 
Non-working capital loans
 
 
1
 
 
783
 
 
783
 
 
1
 
 
12
 
Commercial real estate and multi-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
2
 
 
855
 
 
855
 
 
1
 
 
6
 
Consumer 1-4 family loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
1
 
 
65
 
 
65
 
 
1
 
 
208
 
Total
 
 
6
 
$
2,267
 
$
2,267
 
 
3
 
 
6-208
 
 
The following table presents loans by class modified as new troubled debt restructurings that occurred during the year ending December 31, 2014:


 
 
All Modifications
 
Interest Rate Reductions
 
Modified Repayment Terms
 
 
 
 
 
 
Pre-Modification
 
Post-Modification
 
 
 
 
 
 
 
 
 
Extension
 
 
 
 
 
 
Outstanding
 
Outstanding
 
 
 
Interest at
 
Interest at
 
 
 
Period or
 
 
 
Number of
 
Recorded
 
Recorded
 
Number of
 
Pre-Modification
 
Post-Modification
 
Number of
 
Range
 
(dollars in thousands)
 
Loans
 
Investment
 
Investment
 
Loans
 
Rate
 
Rate
 
Loans
 
(in months)
 
Troubled Debt Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-working capital loans
 
 
2
 
$
433
 
$
433
 
 
0
 
$
0
 
$
0
 
 
2
 
 
12-15
 
Commercial real estate and multi-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owner occupied loans
 
 
3
 
 
2,639
 
 
2,710
 
 
1
 
 
89
 
 
95
 
 
2
 
 
12-24
 
Total
 
 
5
 
$
3,072
 
$
3,143
 
 
1
 
$
89
 
$
95
 
 
4
 
 
12-24
 
 
The following table presents loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification during the period ending December 31:
 
 
 
2016
 
2015
 
2014
 
 
 
Number of
 
Recorded
 
Number of
 
Recorded
 
Number of
 
Recorded
 
(dollars in thousands)
 
Loans
 
Investment
 
Loans
 
Investment
 
Loans
 
Investment
 
Troubled Debt Restructurings that Subsequently Defaulted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-working capital loans
 
 
0
 
$
0
 
 
1
 
$
755
 
 
0
 
$
0
 
Total
 
 
0
 
$
0
 
 
1
 
$
755
 
 
0
 
$
0
 
Credit Quality Indicators
As of December 31, 2016, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:


 
 
 
 
 
Special
 
 
 
 
 
 
Not
 
 
 
 
(dollars in thousands)
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Rated
 
Total
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
577,208
 
$
17,636
 
$
29,396
 
$
0
 
$
122
 
$
624,362
 
Non-working capital loans
 
 
583,135
 
 
32,587
 
 
24,405
 
 
0
 
 
3,969
 
 
644,096
 
Commercial real estate and multi-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
development loans
 
 
242,964
 
 
1,447
 
 
0
 
 
0
 
 
0
 
 
244,411
 
Owner occupied loans
 
 
444,143
 
 
10,285
 
 
14,959
 
 
0
 
 
0
 
 
469,387
 
Nonowner occupied loans
 
 
451,390
 
 
4,550
 
 
2,062
 
 
0
 
 
0
 
 
458,002
 
Multi-family loans
 
 
127,219
 
 
263
 
 
0
 
 
0
 
 
0
 
 
127,482
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
168,660
 
 
3,689
 
 
283
 
 
0
 
 
0
 
 
172,632
 
Loans for agricultural production
 
 
218,581
 
 
3,691
 
 
0
 
 
0
 
 
0
 
 
222,272
 
Other commercial loans
 
 
98,261
 
 
0
 
 
0
 
 
0
 
 
4
 
 
98,265
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
44,687
 
 
126
 
 
1,232
 
 
0
 
 
116,792
 
 
162,837
 
Open end and junior lien loans
 
 
7,028
 
 
0
 
 
0
 
 
0
 
 
163,987
 
 
171,015
 
Residential construction loans
 
 
0
 
 
0
 
 
0
 
 
0
 
 
14,983
 
 
14,983
 
Other consumer loans
 
 
17,717
 
 
0
 
 
55
 
 
0
 
 
43,411
 
 
61,183
 
Total
 
$
2,980,993
 
$
74,274
 
$
72,392
 
$
0
 
$
343,268
 
$
3,470,927
 

As of December 31, 2015, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
Not
 
 
 
 
(dollars in thousands)
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Rated
 
Total
 
Commercial and industrial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Working capital lines of credit loans
 
$
538,899
 
$
32,601
 
$
8,844
 
$
0
 
$
0
 
$
580,344
 
Non-working capital loans
 
 
549,771
 
 
35,910
 
 
10,566
 
 
0
 
 
3,102
 
 
599,349
 
Commercial real estate and multi-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
family residential loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Construction and land
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
development loans
 
 
227,996
 
 
2,340
 
 
0
 
 
0
 
 
0
 
 
230,336
 
Owner occupied loans
 
 
378,847
 
 
23,522
 
 
9,342
 
 
0
 
 
0
 
 
411,711
 
Nonowner occupied loans
 
 
394,387
 
 
10,953
 
 
2,229
 
 
0
 
 
0
 
 
407,569
 
Multi-family loans
 
 
78,968
 
 
0
 
 
389
 
 
0
 
 
0
 
 
79,357
 
Agri-business and agricultural loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans secured by farmland
 
 
163,911
 
 
0
 
 
471
 
 
0
 
 
0
 
 
164,382
 
Loans for agricultural production
 
 
141,796
 
 
0
 
 
0
 
 
0
 
 
0
 
 
141,796
 
Other commercial loans
 
 
85,056
 
 
0
 
 
12
 
 
0
 
 
3
 
 
85,071
 
Consumer 1-4 family mortgage loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closed end first mortgage loans
 
 
43,231
 
 
126
 
 
1,769
 
 
0
 
 
112,635
 
 
157,761
 
Open end and junior lien loans
 
 
8,373
 
 
0
 
 
1,616
 
 
0
 
 
154,929
 
 
164,918
 
Residential construction loans
 
 
0
 
 
0
 
 
0
 
 
0
 
 
9,320
 
 
9,320
 
Other consumer loans
 
 
13,940
 
 
0
 
 
60
 
 
0
 
 
35,015
 
 
49,015
 
Total
 
$
2,625,175
 
$
105,452
 
$
35,298
 
$
0
 
$
315,004
 
$
3,080,929