Loans and Allowance for Loan Losses (Tables)
|
3 Months Ended |
Mar. 31, 2016 |
Receivables [Abstract] |
|
Schedule of Loans Outstanding by Category |
The following is a schedule of loans outstanding by category:
|
|
March 31, 2016 |
|
|
December 31, 2015 |
|
|
|
Amount |
|
|
Percent |
|
|
Amount |
|
|
Percent |
|
|
|
(Dollars in thousands) |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial and industrial |
|
$ |
790,156 |
|
|
|
18.48 |
% |
|
$ |
795,803 |
|
|
|
18.80 |
% |
Oil & gas production and equipment |
|
|
86,524 |
|
|
|
2.02 |
|
|
|
87,304 |
|
|
|
2.06 |
|
Agriculture |
|
|
149,442 |
|
|
|
3.50 |
|
|
|
150,620 |
|
|
|
3.56 |
|
State and political subdivisions: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Taxable |
|
|
17,628 |
|
|
|
0.41 |
|
|
|
17,605 |
|
|
|
0.42 |
|
Tax-exempt |
|
|
36,177 |
|
|
|
0.85 |
|
|
|
33,575 |
|
|
|
0.79 |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction |
|
|
401,330 |
|
|
|
9.39 |
|
|
|
403,664 |
|
|
|
9.54 |
|
Farmland |
|
|
189,934 |
|
|
|
4.44 |
|
|
|
184,707 |
|
|
|
4.36 |
|
One to four family residences |
|
|
825,357 |
|
|
|
19.31 |
|
|
|
821,251 |
|
|
|
19.41 |
|
Multifamily residential properties |
|
|
62,189 |
|
|
|
1.45 |
|
|
|
65,477 |
|
|
|
1.55 |
|
Commercial |
|
|
1,406,204 |
|
|
|
32.89 |
|
|
|
1,356,430 |
|
|
|
32.05 |
|
Consumer |
|
|
276,463 |
|
|
|
6.47 |
|
|
|
283,636 |
|
|
|
6.70 |
|
Other (not classified above) |
|
|
33,708 |
|
|
|
0.79 |
|
|
|
31,976 |
|
|
|
0.76 |
|
Total loans |
|
$ |
4,275,112 |
|
|
|
100.00 |
% |
|
$ |
4,232,048 |
|
|
|
100.00 |
% |
|
Summary of Nonperforming and Restructured Assets |
The following is a summary of nonperforming and restructured assets:
|
|
March 31, |
|
|
December 31, |
|
|
|
2016 |
|
|
2015 |
|
|
|
(Dollars in thousands) |
|
Past due 90 days or more and still accruing |
|
$ |
1,099 |
|
|
$ |
1,841 |
|
Nonaccrual |
|
|
31,040 |
|
|
|
30,096 |
|
Restructured |
|
|
533 |
|
|
|
15,143 |
|
Total nonperforming and restructured loans |
|
|
32,672 |
|
|
|
47,080 |
|
Other real estate owned and repossessed assets |
|
|
4,245 |
|
|
|
8,214 |
|
Total nonperforming and restructured assets |
|
$ |
36,917 |
|
|
$ |
55,294 |
|
|
Summary of Amounts Included in Nonaccrual Loans Segregated by Class of Loans |
The following table is a summary of amounts included in nonaccrual loans, segregated by class of loans. Residential real estate refers to one-to-four family real estate.
|
|
March 31, 2016 |
|
|
December 31, 2015 |
|
|
|
(Dollars in thousands) |
|
Real estate: |
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
372 |
|
|
$ |
261 |
|
Non-residential real estate other |
|
|
3,952 |
|
|
|
3,957 |
|
Residential real estate permanent mortgage |
|
|
800 |
|
|
|
656 |
|
Residential real estate all other |
|
|
4,548 |
|
|
|
1,833 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
8,283 |
|
|
|
10,159 |
|
Consumer non-real estate |
|
|
301 |
|
|
|
312 |
|
Other loans |
|
|
9,343 |
|
|
|
9,381 |
|
Acquired loans |
|
|
3,441 |
|
|
|
3,537 |
|
Total |
|
$ |
31,040 |
|
|
$ |
30,096 |
|
|
Age Analysis of Past Due Loans Segregated by Class of Loans |
The following table presents an age analysis of past due loans, segregated by class of loans:
|
|
Age Analysis of Past Due Loans |
|
|
|
30-59
Days
Past Due |
|
|
60-89
Days
Past Due |
|
|
90 Days
and
Greater |
|
|
Total
Past Due
Loans |
|
|
Current
Loans |
|
|
Total Loans |
|
|
Accruing
Loans 90
Days or
More
Past Due |
|
|
|
(Dollars in thousands) |
|
As of March 31, 2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
1,130 |
|
|
$ |
17 |
|
|
$ |
254 |
|
|
$ |
1,401 |
|
|
$ |
510,687 |
|
|
$ |
512,088 |
|
|
$ |
— |
|
Non-residential real estate other |
|
|
3,563 |
|
|
|
— |
|
|
|
285 |
|
|
|
3,848 |
|
|
|
1,135,560 |
|
|
|
1,139,408 |
|
|
|
238 |
|
Residential real estate permanent mortgage |
|
|
3,076 |
|
|
|
632 |
|
|
|
1,003 |
|
|
|
4,711 |
|
|
|
325,107 |
|
|
|
329,818 |
|
|
|
445 |
|
Residential real estate all other |
|
|
5,652 |
|
|
|
339 |
|
|
|
775 |
|
|
|
6,766 |
|
|
|
693,107 |
|
|
|
699,873 |
|
|
|
113 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
2,825 |
|
|
|
130 |
|
|
|
487 |
|
|
|
3,442 |
|
|
|
975,485 |
|
|
|
978,927 |
|
|
|
92 |
|
Consumer non-real estate |
|
|
1,862 |
|
|
|
676 |
|
|
|
344 |
|
|
|
2,882 |
|
|
|
261,565 |
|
|
|
264,447 |
|
|
|
168 |
|
Other loans |
|
|
1,023 |
|
|
|
347 |
|
|
|
7,934 |
|
|
|
9,304 |
|
|
|
153,567 |
|
|
|
162,871 |
|
|
|
12 |
|
Acquired loans |
|
|
1,252 |
|
|
|
419 |
|
|
|
615 |
|
|
|
2,286 |
|
|
|
185,394 |
|
|
|
187,680 |
|
|
|
31 |
|
Total |
|
$ |
20,383 |
|
|
$ |
2,560 |
|
|
$ |
11,697 |
|
|
$ |
34,640 |
|
|
$ |
4,240,472 |
|
|
$ |
4,275,112 |
|
|
$ |
1,099 |
|
As of December 31, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
441 |
|
|
$ |
179 |
|
|
$ |
183 |
|
|
$ |
803 |
|
|
$ |
502,094 |
|
|
$ |
502,897 |
|
|
$ |
— |
|
Non-residential real estate other |
|
|
1,149 |
|
|
|
108 |
|
|
|
568 |
|
|
|
1,825 |
|
|
|
1,108,935 |
|
|
|
1,110,760 |
|
|
|
521 |
|
Residential real estate permanent mortgage |
|
|
2,840 |
|
|
|
636 |
|
|
|
648 |
|
|
|
4,124 |
|
|
|
328,477 |
|
|
|
332,601 |
|
|
|
493 |
|
Residential real estate all other |
|
|
2,842 |
|
|
|
609 |
|
|
|
824 |
|
|
|
4,275 |
|
|
|
672,414 |
|
|
|
676,689 |
|
|
|
193 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
2,278 |
|
|
|
161 |
|
|
|
187 |
|
|
|
2,626 |
|
|
|
982,136 |
|
|
|
984,762 |
|
|
|
152 |
|
Consumer non-real estate |
|
|
2,237 |
|
|
|
772 |
|
|
|
349 |
|
|
|
3,358 |
|
|
|
265,511 |
|
|
|
268,869 |
|
|
|
278 |
|
Other loans |
|
|
3,565 |
|
|
|
295 |
|
|
|
1,761 |
|
|
|
5,621 |
|
|
|
156,995 |
|
|
|
162,616 |
|
|
|
132 |
|
Acquired loans |
|
|
1,052 |
|
|
|
71 |
|
|
|
918 |
|
|
|
2,041 |
|
|
|
190,813 |
|
|
|
192,854 |
|
|
|
72 |
|
Total |
|
$ |
16,404 |
|
|
$ |
2,831 |
|
|
$ |
5,438 |
|
|
$ |
24,673 |
|
|
$ |
4,207,375 |
|
|
$ |
4,232,048 |
|
|
$ |
1,841 |
|
|
Impaired Loans Segregated by Class of Loans |
The following table presents impaired loans, segregated by class of loans. No material amount of interest income was recognized on impaired loans subsequent to their classification as impaired.
|
|
Impaired Loans |
|
|
|
Unpaid
Principal
Balance |
|
|
Recorded
Investment
with Allowance |
|
|
Related
Allowance |
|
|
Average
Recorded
Investment |
|
|
|
(Dollars in thousands) |
|
As of March 31, 2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
615 |
|
|
$ |
487 |
|
|
$ |
15 |
|
|
$ |
418 |
|
Non-residential real estate other |
|
|
6,207 |
|
|
|
4,190 |
|
|
|
157 |
|
|
|
15,123 |
|
Residential real estate permanent mortgage |
|
|
1,498 |
|
|
|
1,305 |
|
|
|
86 |
|
|
|
1,276 |
|
Residential real estate all other |
|
|
5,101 |
|
|
|
4,823 |
|
|
|
1,382 |
|
|
|
2,781 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
12,762 |
|
|
|
8,375 |
|
|
|
2,017 |
|
|
|
9,190 |
|
Consumer non-real estate |
|
|
652 |
|
|
|
609 |
|
|
|
120 |
|
|
|
745 |
|
Other loans |
|
|
10,705 |
|
|
|
9,355 |
|
|
|
459 |
|
|
|
9,892 |
|
Acquired loans |
|
|
6,276 |
|
|
|
3,745 |
|
|
|
— |
|
|
|
3,977 |
|
Total |
|
$ |
43,816 |
|
|
$ |
32,889 |
|
|
$ |
4,236 |
|
|
$ |
43,402 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
507 |
|
|
$ |
383 |
|
|
$ |
14 |
|
|
$ |
446 |
|
Non-residential real estate other |
|
|
21,068 |
|
|
|
19,052 |
|
|
|
357 |
|
|
|
19,655 |
|
Residential real estate permanent mortgage |
|
|
1,401 |
|
|
|
1,209 |
|
|
|
81 |
|
|
|
1,125 |
|
Residential real estate all other |
|
|
2,498 |
|
|
|
2,235 |
|
|
|
242 |
|
|
|
1,958 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
13,897 |
|
|
|
10,312 |
|
|
|
2,062 |
|
|
|
11,786 |
|
Consumer non-real estate |
|
|
738 |
|
|
|
715 |
|
|
|
181 |
|
|
|
652 |
|
Other loans |
|
|
10,722 |
|
|
|
9,513 |
|
|
|
331 |
|
|
|
10,335 |
|
Acquired loans |
|
|
6,295 |
|
|
|
4,248 |
|
|
|
— |
|
|
|
4,564 |
|
Total |
|
$ |
57,126 |
|
|
$ |
47,667 |
|
|
$ |
3,268 |
|
|
$ |
50,521 |
|
|
Internal Loan Grading by Class of Loans |
The following table presents internal loan grading by class of loans:
|
|
Internal Loan Grading |
|
|
|
Grade |
|
|
|
|
1 |
|
|
|
2 |
|
|
|
3 |
|
|
|
4 |
|
|
|
5 |
|
|
Total |
|
|
|
(Dollars in thousands) |
|
As of March 31, 2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
423,003 |
|
|
$ |
77,243 |
|
|
$ |
11,470 |
|
|
$ |
372 |
|
|
$ |
— |
|
|
$ |
512,088 |
|
Non-residential real estate other |
|
|
966,113 |
|
|
|
163,932 |
|
|
|
5,379 |
|
|
|
3,984 |
|
|
|
— |
|
|
|
1,139,408 |
|
Residential real estate permanent mortgage |
|
|
290,540 |
|
|
|
30,941 |
|
|
|
7,043 |
|
|
|
1,294 |
|
|
|
— |
|
|
|
329,818 |
|
Residential real estate all other |
|
|
574,683 |
|
|
|
112,736 |
|
|
|
7,649 |
|
|
|
4,805 |
|
|
|
— |
|
|
|
699,873 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
809,004 |
|
|
|
136,143 |
|
|
|
25,513 |
|
|
|
8,267 |
|
|
|
— |
|
|
|
978,927 |
|
Consumer non-real estate |
|
|
247,419 |
|
|
|
14,419 |
|
|
|
2,099 |
|
|
|
510 |
|
|
|
— |
|
|
|
264,447 |
|
Other loans |
|
|
153,486 |
|
|
|
5,629 |
|
|
|
1,336 |
|
|
|
2,420 |
|
|
|
— |
|
|
|
162,871 |
|
Acquired loans |
|
|
159,016 |
|
|
|
13,924 |
|
|
|
10,991 |
|
|
|
3,674 |
|
|
|
75 |
|
|
|
187,680 |
|
Total |
|
$ |
3,623,264 |
|
|
$ |
554,967 |
|
|
$ |
71,480 |
|
|
$ |
25,326 |
|
|
$ |
75 |
|
|
$ |
4,275,112 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
417,529 |
|
|
$ |
76,749 |
|
|
$ |
8,304 |
|
|
$ |
315 |
|
|
$ |
— |
|
|
$ |
502,897 |
|
Non-residential real estate other |
|
|
945,993 |
|
|
|
156,159 |
|
|
|
4,580 |
|
|
|
4,028 |
|
|
|
— |
|
|
|
1,110,760 |
|
Residential real estate permanent mortgage |
|
|
295,265 |
|
|
|
29,793 |
|
|
|
6,315 |
|
|
|
1,228 |
|
|
|
— |
|
|
|
332,601 |
|
Residential real estate all other |
|
|
554,007 |
|
|
|
111,879 |
|
|
|
9,109 |
|
|
|
1,694 |
|
|
|
— |
|
|
|
676,689 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
821,394 |
|
|
|
140,384 |
|
|
|
12,687 |
|
|
|
10,297 |
|
|
|
— |
|
|
|
984,762 |
|
Consumer non-real estate |
|
|
251,994 |
|
|
|
14,433 |
|
|
|
1,779 |
|
|
|
662 |
|
|
|
1 |
|
|
|
268,869 |
|
Other loans |
|
|
153,416 |
|
|
|
5,851 |
|
|
|
872 |
|
|
|
2,477 |
|
|
|
— |
|
|
|
162,616 |
|
Acquired loans |
|
|
165,305 |
|
|
|
12,566 |
|
|
|
11,049 |
|
|
|
3,858 |
|
|
|
76 |
|
|
|
192,854 |
|
Total |
|
$ |
3,604,903 |
|
|
$ |
547,814 |
|
|
$ |
54,695 |
|
|
$ |
24,559 |
|
|
$ |
77 |
|
|
$ |
4,232,048 |
|
|
Activity in ALL by Class of Loans |
The following table details activity in the ALL by class of loans for the period presented. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.
|
|
ALL |
|
|
|
Balance at
beginning of
period |
|
|
Charge-
offs |
|
|
Recoveries |
|
|
Net
charge-offs |
|
|
Provisions
charged to
operations |
|
|
Balance at
end of
period |
|
|
|
(Dollars in thousands) |
|
Three Months Ended March 31, 2016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
4,661 |
|
|
$ |
(1 |
) |
|
$ |
— |
|
|
$ |
(1 |
) |
|
$ |
172 |
|
|
$ |
4,832 |
|
Non-residential real estate other |
|
|
9,921 |
|
|
|
(1 |
) |
|
|
1 |
|
|
|
— |
|
|
|
290 |
|
|
|
10,211 |
|
Residential real estate permanent mortgage |
|
|
3,148 |
|
|
|
(50 |
) |
|
|
17 |
|
|
|
(33 |
) |
|
|
49 |
|
|
|
3,164 |
|
Residential real estate all other |
|
|
6,725 |
|
|
|
(67 |
) |
|
|
4 |
|
|
|
(63 |
) |
|
|
1,327 |
|
|
|
7,989 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
11,754 |
|
|
|
(803 |
) |
|
|
11 |
|
|
|
(792 |
) |
|
|
1,851 |
|
|
|
12,813 |
|
Consumer non-real estate |
|
|
2,642 |
|
|
|
(221 |
) |
|
|
38 |
|
|
|
(183 |
) |
|
|
94 |
|
|
|
2,553 |
|
Other loans |
|
|
2,648 |
|
|
|
(133 |
) |
|
|
6 |
|
|
|
(127 |
) |
|
|
269 |
|
|
|
2,790 |
|
Acquired loans |
|
|
167 |
|
|
|
(4 |
) |
|
|
5 |
|
|
|
1 |
|
|
|
51 |
|
|
|
219 |
|
Total |
|
$ |
41,666 |
|
|
$ |
(1,280 |
) |
|
$ |
82 |
|
|
$ |
(1,198 |
) |
|
$ |
4,103 |
|
|
$ |
44,571 |
|
|
|
ALL |
|
|
|
Balance at
beginning of
period |
|
|
Charge-
offs |
|
|
Recoveries |
|
|
Net
charge-offs |
|
|
Provisions
charged to
operations |
|
|
Balance at
end of
period |
|
|
|
(Dollars in thousands) |
|
Three Months Ended March 31, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
4,406 |
|
|
$ |
(1 |
) |
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
55 |
|
|
$ |
4,461 |
|
Non-residential real estate other |
|
|
9,616 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
282 |
|
|
|
9,898 |
|
Residential real estate permanent mortgage |
|
|
2,948 |
|
|
|
(40 |
) |
|
|
9 |
|
|
|
(31 |
) |
|
|
67 |
|
|
|
2,984 |
|
Residential real estate all other |
|
|
6,269 |
|
|
|
(68 |
) |
|
|
5 |
|
|
|
(63 |
) |
|
|
372 |
|
|
|
6,578 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
12,771 |
|
|
|
(153 |
) |
|
|
31 |
|
|
|
(122 |
) |
|
|
419 |
|
|
|
13,068 |
|
Consumer non-real estate |
|
|
2,404 |
|
|
|
(127 |
) |
|
|
15 |
|
|
|
(112 |
) |
|
|
35 |
|
|
|
2,327 |
|
Other loans |
|
|
2,359 |
|
|
|
(213 |
) |
|
|
9 |
|
|
|
(204 |
) |
|
|
86 |
|
|
|
2,241 |
|
Acquired loans |
|
|
116 |
|
|
|
(160 |
) |
|
|
26 |
|
|
|
(134 |
) |
|
|
18 |
|
|
|
— |
|
Total |
|
$ |
40,889 |
|
|
$ |
(762 |
) |
|
$ |
96 |
|
|
$ |
(666 |
) |
|
$ |
1,334 |
|
|
$ |
41,557 |
|
|
Allowance for Loan Losses Outstanding by Impairment Methodology |
The following table details the amount of ALL by class of loans for the period presented, detailed on the basis of the impairment methodology used by the Company.
|
|
ALL |
|
|
|
March 31, 2016 |
|
|
December 31, 2015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Individually
evaluated for
impairment |
|
|
Collectively
evaluated for
impairment |
|
|
Individually
evaluated for
impairment |
|
|
Collectively
evaluated for
impairment |
|
|
|
(Dollars in thousands) |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied. |
|
$ |
444 |
|
|
$ |
4,388 |
|
|
$ |
323 |
|
|
$ |
4,338 |
|
Non-residential real estate other |
|
|
351 |
|
|
|
9,860 |
|
|
|
323 |
|
|
|
9,598 |
|
Residential real estate permanent mortgage |
|
|
438 |
|
|
|
2,726 |
|
|
|
399 |
|
|
|
2,749 |
|
Residential real estate all other |
|
|
1,926 |
|
|
|
6,063 |
|
|
|
839 |
|
|
|
5,886 |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
4,539 |
|
|
|
8,274 |
|
|
|
3,365 |
|
|
|
8,389 |
|
Consumer non-real estate |
|
|
396 |
|
|
|
2,157 |
|
|
|
445 |
|
|
|
2,197 |
|
Other loans |
|
|
413 |
|
|
|
2,377 |
|
|
|
291 |
|
|
|
2,357 |
|
Acquired loans |
|
|
— |
|
|
|
219 |
|
|
|
— |
|
|
|
167 |
|
Total |
|
$ |
8,507 |
|
|
$ |
36,064 |
|
|
$ |
5,985 |
|
|
$ |
35,681 |
|
|
Loans Outstanding by Impairment Methodology |
The following table details the loans outstanding by class of loans for the period presented, on the basis of the impairment methodology used by the Company.
|
|
Loans |
|
|
|
March 31, 2016 |
|
|
December 31, 2015 |
|
|
|
Individually
evaluated for
impairment |
|
|
Collectively
evaluated for
impairment |
|
|
Loans acquired
with deteriorated
credit quality |
|
|
Individually
evaluated for
impairment |
|
|
Collectively
evaluated for
impairment |
|
|
Loans acquired
with deteriorated
credit quality |
|
|
|
(Dollars in thousands) |
|
Real estate: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-residential real estate owner occupied |
|
$ |
11,843 |
|
|
$ |
500,245 |
|
|
$ |
— |
|
|
$ |
8,619 |
|
|
$ |
494,278 |
|
|
$ |
— |
|
Non-residential real estate other |
|
|
9,363 |
|
|
|
1,130,045 |
|
|
|
— |
|
|
|
8,608 |
|
|
|
1,102,152 |
|
|
|
— |
|
Residential real estate permanent mortgage |
|
|
8,337 |
|
|
|
321,481 |
|
|
|
— |
|
|
|
7,543 |
|
|
|
325,058 |
|
|
|
— |
|
Residential real estate all other |
|
|
12,453 |
|
|
|
687,420 |
|
|
|
— |
|
|
|
10,803 |
|
|
|
665,886 |
|
|
|
— |
|
Commercial and financial: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-consumer non-real estate |
|
|
33,780 |
|
|
|
945,147 |
|
|
|
— |
|
|
|
22,983 |
|
|
|
961,779 |
|
|
|
— |
|
Consumer non-real estate |
|
|
2,596 |
|
|
|
261,851 |
|
|
|
— |
|
|
|
2,416 |
|
|
|
266,453 |
|
|
|
— |
|
Other loans |
|
|
2,216 |
|
|
|
160,655 |
|
|
|
— |
|
|
|
2,323 |
|
|
|
160,293 |
|
|
|
— |
|
Acquired loans |
|
|
— |
|
|
|
172,940 |
|
|
|
14,740 |
|
|
|
— |
|
|
|
177,871 |
|
|
|
14,983 |
|
Total |
|
$ |
80,588 |
|
|
$ |
4,179,784 |
|
|
$ |
14,740 |
|
|
$ |
63,295 |
|
|
$ |
4,153,770 |
|
|
$ |
14,983 |
|
|
Transfers from Loans to Other Real Estate Owned and Repossessed Assets |
Transfers from loans to other real estate owned and repossessed assets during the periods presented, are summarized as follows:
|
|
Three Months Ended
March 31, |
|
|
|
2016 |
|
|
2015 |
|
|
|
(Dollars in thousands) |
|
Other real estate owned |
|
$ |
344 |
|
|
$ |
260 |
|
Repossessed assets |
|
|
404 |
|
|
|
220 |
|
Total |
|
$ |
748 |
|
|
$ |
480 |
|
|