NOTE 3. LOANS

	June 30,			December 31,
(dollars in thousands)	2018			2017
Commercial and industrial loans:
Working capital lines of credit loans	$780,910	20.2	%	$743,609	19.4	%
Non-working capital loans	691,118	17.9		675,072	17.7
Total commercial and industrial loans	1,472,028	38.1		1,418,681	37.1

Commercial real estate and multi-family residential loans:
Construction and land development loans	200,438	5.2		224,474	5.9
Owner occupied loans	569,453	14.8		538,603	14.1
Nonowner occupied loans	518,840	13.4		508,121	13.3
Multifamily loans	221,579	5.7		173,715	4.5
Total commercial real estate and multi-family residential loans	1,510,310	39.1		1,444,913	37.8

Agri-business and agricultural loans:
Loans secured by farmland	148,396	3.9		186,437	4.9
Loans for agricultural production	155,826	4.0		196,404	5.1
Total agri-business and agricultural loans	304,222	7.9		382,841	10.0

Other commercial loans	120,541	3.1		124,076	3.3
Total commercial loans	3,407,101	88.2		3,370,511	88.2

Consumer 1-4 family mortgage loans:
Closed end first mortgage loans	180,099	4.7		179,302	4.7
Open end and junior lien loans	179,622	4.7		181,865	4.8
Residential construction and land development loans	13,226	0.3		13,478	0.3
Total consumer 1-4 family mortgage loans	372,947	9.7		374,645	9.8

Other consumer loans	80,097	2.1		74,369	2.0
Total consumer loans	453,044	11.8		449,014	11.8
Subtotal	3,860,145	100.0	%	3,819,525	100.0	%
Less: Allowance for loan losses	(47,706)			(47,121)
Net deferred loan fees	(1,432)			(1,066)
Loans, net	$3,811,007			$3,771,338

The recorded investment in loans does not include accrued interest.

The Company had $258,000 in residential real estate loans in the process of foreclosure as of June 30, 2018, compared to $47,000 as of December 31, 2017.