LOANS

6 Months Ended

Jun. 30, 2021

Receivables [Abstract]

LOANS

LOANS

(dollars in thousands)	June 30, 2021				December 31, 2020
Commercial and industrial loans:
Working capital lines of credit loans	$	616,401	14.1	%	$	626,023	13.5	%
Non-working capital loans	886,284		20.3		1,165,355		25.0
Total commercial and industrial loans	1,502,685		34.4		1,791,378		38.5
Commercial real estate and multi-family residential loans:
Construction and land development loans	402,583		9.2		362,653		7.8
Owner occupied loans	672,903		15.5		648,019		13.9
Nonowner occupied loans	606,096		13.9		579,625		12.5
Multifamily loans	300,449		6.9		304,717		6.5
Total commercial real estate and multi-family residential loans	1,982,031		45.5		1,895,014		40.7
Agri-business and agricultural loans:
Loans secured by farmland	167,314		3.8		195,410		4.2
Loans for agricultural production	179,338		4.1		234,234		5.0
Total agri-business and agricultural loans	346,652		7.9		429,644		9.2
Other commercial loans	85,356		2.0		94,013		2.0
Total commercial loans	3,916,724		89.8		4,210,049		90.4
Consumer 1-4 family mortgage loans:
Closed end first mortgage loans	169,653		3.9		167,847		3.6
Open end and junior lien loans	162,327		3.7		163,664		3.5
Residential construction and land development loans	12,505		0.3		12,007		0.3
Total consumer 1-4 family mortgage loans	344,485		7.9		343,518		7.4
Other consumer loans	100,771		2.3		103,616		2.2
Total consumer loans	445,256		10.2		447,134		9.6
Subtotal	4,361,980		100.0	%	4,657,183		100.0	%
Less: Allowance for credit losses	(71,713)				(61,408)
Net deferred loan fees	(8,271)				(8,027)
Loans, net	$	4,281,996			$	4,587,748

The recorded investment in loans does not include accrued interest, which totaled $11.7 million at June 30, 2021.

The Company had $605,000 in residential real estate loans in the process of foreclosure as of June 30, 2021, compared to $19,000 as of December 31, 2020.