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Loans (Tables)
 12 Months Ended
Dec. 31, 2016
Loans Receivable, Net [Abstract]  
Summary Of Major Classifications For Loans
The following summarizes the Company’s major classifications for loans (in thousands):

 
December 31, 2016
December 31, 2015
 
 
 
Residential real estate
$
1,451,462

$
1,383,133

Home equity
141,965

147,036

Commercial and industrial
185,667

165,340

Commercial real estate
1,229,516

1,127,581

Consumer
32,545

36,083

DDA overdrafts
5,071

3,361

Gross loans
3,046,226

2,862,534

Allowance for loan losses
(19,730
)
(19,251
)
Net loans
$
3,026,496

$
2,843,283
Loans Acquired
The following table details the loans acquired in conjunction with the Virginia Savings, Community and AFB acquisitions (in thousands). These loans were originally underwritten by the acquiree in accordance with the acquiree's underwriting guidelines. As loans come up for renewal, extension, etc., the loans are underwritten in accordance withe the Company's underwriting guidelines and are thus not reflected in the table below.
 
Virginia Savings
Community
AFB
Total
December 31, 2016
 
 
 
 
Outstanding loan balance
$
23,714

$
149,488

$
85,120

$
258,322

 
 
 
 
 
Credit-impaired loans:
 
 
 
 
Carrying value
1,700

8,857

—

10,557

Contractual principal and interest
1,895

11,157

—

13,052

 
 
 
 
 
December 31, 2015
 
 
 
 
Outstanding loan balance
$
28,914

$
181,545

$
112,862

$
323,321

 
 
 
 
 
Credit-impaired loans:
 
 
 
 
Carrying value
1,707

12,899

—

14,606

Contractual principal and interest
1,965

16,362

—

18,327
Activity For The Accretable Yield And Carrying Amount Of Loans
Changes in the accretable yield and the carrying amount of the purchased credit-impaired loans is as follows (in thousands):
 
December 31, 2016
December 31, 2015
 
Accretable Yield
Carrying Amount
of Loans
Accretable Yield
Carrying Amount
of Loans
Balance at the beginning of the period
$
6,640

$
14,606

$
10,334

$
17,329

Accretion
(1,061
)
1,061

(2,665
)
2,665

Reclassifications to/from accretable from/to non-accretable difference, net
(145
)
—

1,103

—

Payments received, net
—

(4,376
)
—

(3,369
)
Disposals
(425
)
(734
)
(2,132
)
(2,019
)
Balance at the end of period
$
5,009

$
10,557

$
6,640

$
14,606



Increases in expected cash flow subsequent to the acquisition are recognized first as a reduction of any previous impairment, then prospectively through adjustment of the yield on the loans or pools over its remaining life, while decreases in expected cash flows are recognized as impairment through a provision for loan loss and an increase in the allowance for purchased credit-impaired loans.