XML 35 R22.htm IDEA: XBRL DOCUMENT v3.19.2
Loans and Allowance for Loan Losses (Tables)
6 Months Ended
Jun. 30, 2019
Receivables [Abstract]  
Schedule of Loans Outstanding by Category

The following is a schedule of loans outstanding by category:

 

 

 

June 30, 2019

 

 

December 31, 2018

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

 

(Dollars in thousands)

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial and industrial

 

$

1,062,527

 

 

 

20.86

%

 

$

1,032,787

 

 

 

20.76

%

Oil & gas production and equipment

 

 

122,268

 

 

 

2.40

 

 

 

94,729

 

 

 

1.90

 

Agriculture

 

 

130,957

 

 

 

2.57

 

 

 

136,313

 

 

 

2.74

 

State and political subdivisions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Taxable

 

 

74,596

 

 

 

1.46

 

 

 

76,211

 

 

 

1.53

 

Tax-exempt

 

 

51,114

 

 

 

1.00

 

 

 

48,415

 

 

 

0.97

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction

 

 

450,525

 

 

 

8.84

 

 

 

451,224

 

 

 

9.07

 

Farmland

 

 

227,635

 

 

 

4.47

 

 

 

219,241

 

 

 

4.41

 

One to four family residences

 

 

990,377

 

 

 

19.44

 

 

 

979,170

 

 

 

19.68

 

Multifamily residential properties

 

 

68,743

 

 

 

1.35

 

 

 

65,949

 

 

 

1.33

 

Commercial

 

 

1,525,064

 

 

 

29.94

 

 

 

1,506,937

 

 

 

30.28

 

Consumer

 

 

345,783

 

 

 

6.79

 

 

 

328,069

 

 

 

6.59

 

Other (not classified above)

 

 

44,814

 

 

 

0.88

 

 

 

36,931

 

 

 

0.74

 

Total loans

 

$

5,094,403

 

 

 

100.00

%

 

$

4,975,976

 

 

 

100.00

%

Summary of Nonperforming and Restructured Assets

The following is a summary of nonperforming and restructured assets:

 

 

 

June 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

 

(Dollars in thousands)

 

Past due 90 days or more and still accruing

 

$

2,663

 

 

$

1,916

 

Nonaccrual

 

 

17,998

 

 

 

22,603

 

Restructured

 

 

16,486

 

 

 

13,188

 

Total nonperforming and restructured loans

 

 

37,147

 

 

 

37,707

 

Other real estate owned and repossessed assets

 

 

7,004

 

 

 

6,873

 

Total nonperforming and restructured assets

 

$

44,151

 

 

$

44,580

 

Summary of Amounts Included in Nonaccrual Loans Segregated by Class of Loans

Loans are segregated into classes based upon the nature of the collateral and the borrower. These classes are used to estimate the allowance for loan losses. 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.

 

 

 

June 30,

2019

 

 

December 31,

2018

 

 

 

(Dollars in thousands)

 

Real estate:

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

1,127

 

 

$

838

 

Non-residential real estate other

 

 

674

 

 

 

187

 

Residential real estate permanent mortgage

 

 

1,585

 

 

 

954

 

Residential real estate all other

 

 

5,327

 

 

 

5,488

 

Commercial and financial:

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

2,958

 

 

 

5,682

 

Consumer non-real estate

 

 

394

 

 

 

437

 

Other loans

 

 

272

 

 

 

490

 

Acquired loans

 

 

5,661

 

 

 

8,527

 

Total

 

$

17,998

 

 

$

22,603

 

Age Analysis of Past Due Loans Segregated by Class of Loans

 

Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. 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 June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

4,203

 

 

$

852

 

 

$

536

 

 

$

5,591

 

 

$

649,600

 

 

$

655,191

 

 

$

117

 

Non-residential real estate other

 

 

1,088

 

 

 

 

 

 

325

 

 

 

1,413

 

 

 

1,179,092

 

 

 

1,180,505

 

 

 

177

 

Residential real estate permanent mortgage

 

 

2,583

 

 

 

760

 

 

 

986

 

 

 

4,329

 

 

 

330,046

 

 

 

334,375

 

 

 

384

 

Residential real estate all other

 

 

2,218

 

 

 

340

 

 

 

4,908

 

 

 

7,466

 

 

 

849,448

 

 

 

856,914

 

 

 

150

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

1,652

 

 

 

918

 

 

 

2,099

 

 

 

4,669

 

 

 

1,360,458

 

 

 

1,365,127

 

 

 

454

 

Consumer non-real estate

 

 

1,846

 

 

 

540

 

 

 

470

 

 

 

2,856

 

 

 

342,684

 

 

 

345,540

 

 

 

232

 

Other loans

 

 

220

 

 

 

1,083

 

 

 

183

 

 

 

1,486

 

 

 

142,387

 

 

 

143,873

 

 

 

183

 

Acquired loans

 

 

2,583

 

 

 

882

 

 

 

3,592

 

 

 

7,057

 

 

 

205,821

 

 

 

212,878

 

 

 

966

 

Total

 

$

16,393

 

 

$

5,375

 

 

$

13,099

 

 

$

34,867

 

 

$

5,059,536

 

 

$

5,094,403

 

 

$

2,663

 

As of December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

5,114

 

 

$

810

 

 

$

43

 

 

$

5,967

 

 

$

620,654

 

 

$

626,621

 

 

$

 

Non-residential real estate other

 

 

2,772

 

 

 

32

 

 

 

114

 

 

 

2,918

 

 

 

1,143,210

 

 

 

1,146,128

 

 

 

 

Residential real estate permanent mortgage

 

 

2,448

 

 

 

653

 

 

 

693

 

 

 

3,794

 

 

 

324,908

 

 

 

328,702

 

 

 

430

 

Residential real estate all other

 

 

1,728

 

 

 

292

 

 

 

2,799

 

 

 

4,819

 

 

 

822,685

 

 

 

827,504

 

 

 

612

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

3,620

 

 

 

702

 

 

 

833

 

 

 

5,155

 

 

 

1,278,499

 

 

 

1,283,654

 

 

 

282

 

Consumer non-real estate

 

 

1,991

 

 

 

565

 

 

 

559

 

 

 

3,115

 

 

 

323,747

 

 

 

326,862

 

 

 

325

 

Other loans

 

 

322

 

 

 

158

 

 

 

178

 

 

 

658

 

 

 

141,251

 

 

 

141,909

 

 

 

 

Acquired loans

 

 

5,240

 

 

 

1,669

 

 

 

4,936

 

 

 

11,845

 

 

 

282,751

 

 

 

294,596

 

 

 

267

 

Total

 

$

23,235

 

 

$

4,881

 

 

$

10,155

 

 

$

38,271

 

 

$

4,937,705

 

 

$

4,975,976

 

 

$

1,916

 

Impaired Loans Segregated by Class of Loans

The following table presents impaired loans, segregated by class of loans. During the period ended June 30, 2019 and June 30, 2018, 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 June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

8,051

 

 

$

7,933

 

 

$

239

 

 

$

7,662

 

Non-residential real estate other

 

 

1,687

 

 

 

1,422

 

 

 

190

 

 

 

1,615

 

Residential real estate permanent mortgage

 

 

2,427

 

 

 

2,151

 

 

 

183

 

 

 

1,964

 

Residential real estate all other

 

 

6,629

 

 

 

6,350

 

 

 

3,081

 

 

 

6,529

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

18,389

 

 

 

10,842

 

 

 

931

 

 

 

10,944

 

Consumer non-real estate

 

 

781

 

 

 

672

 

 

 

149

 

 

 

691

 

Other loans

 

 

659

 

 

 

455

 

 

 

17

 

 

 

322

 

Acquired loans

 

 

9,553

 

 

 

7,244

 

 

 

2

 

 

 

8,863

 

Total

 

$

48,176

 

 

$

37,069

 

 

$

4,792

 

 

$

38,590

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

7,126

 

 

$

6,933

 

 

$

202

 

 

$

7,739

 

Non-residential real estate other

 

 

949

 

 

 

757

 

 

 

50

 

 

 

6,057

 

Residential real estate permanent mortgage

 

 

1,789

 

 

 

1,545

 

 

 

127

 

 

 

1,650

 

Residential real estate all other

 

 

7,177

 

 

 

6,862

 

 

 

2,433

 

 

 

7,154

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

18,507

 

 

 

10,977

 

 

 

881

 

 

 

12,140

 

Consumer non-real estate

 

 

928

 

 

 

829

 

 

 

131

 

 

 

846

 

Other loans

 

 

710

 

 

 

490

 

 

 

35

 

 

 

481

 

Acquired loans

 

 

12,846

 

 

 

9,864

 

 

 

2

 

 

 

11,050

 

Total

 

$

50,032

 

 

$

38,257

 

 

$

3,861

 

 

$

47,117

 

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 June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

457,211

 

 

$

171,239

 

 

$

25,491

 

 

$

1,250

 

 

$

 

 

$

655,191

 

Non-residential real estate other

 

 

950,058

 

 

 

202,397

 

 

 

27,291

 

 

 

759

 

 

 

 

 

 

1,180,505

 

Residential real estate permanent mortgage

 

 

281,593

 

 

 

43,479

 

 

 

7,242

 

 

 

2,061

 

 

 

 

 

 

334,375

 

Residential real estate all other

 

 

669,269

 

 

 

167,518

 

 

 

14,375

 

 

 

5,752

 

 

 

 

 

 

856,914

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

1,077,429

 

 

 

252,175

 

 

 

33,630

 

 

 

1,893

 

 

 

 

 

 

1,365,127

 

Consumer non-real estate

 

 

320,278

 

 

 

21,955

 

 

 

2,707

 

 

 

565

 

 

 

35

 

 

 

345,540

 

Other loans

 

 

138,414

 

 

 

4,160

 

 

 

1,289

 

 

 

10

 

 

 

 

 

 

143,873

 

Acquired loans

 

 

124,437

 

 

 

71,790

 

 

 

9,751

 

 

 

6,603

 

 

 

297

 

 

 

212,878

 

Total

 

$

4,018,689

 

 

$

934,713

 

 

$

121,776

 

 

$

18,893

 

 

$

332

 

 

$

5,094,403

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

451,059

 

 

$

157,715

 

 

$

16,949

 

 

$

898

 

 

$

 

 

$

626,621

 

Non-residential real estate other

 

 

932,454

 

 

 

188,341

 

 

 

25,146

 

 

 

187

 

 

 

 

 

 

1,146,128

 

Residential real estate permanent mortgage

 

 

279,870

 

 

 

39,806

 

 

 

7,401

 

 

 

1,625

 

 

 

 

 

 

328,702

 

Residential real estate all other

 

 

644,217

 

 

 

162,003

 

 

 

15,232

 

 

 

6,052

 

 

 

 

 

 

827,504

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

1,000,089

 

 

 

264,134

 

 

 

15,128

 

 

 

4,303

 

 

 

 

 

 

1,283,654

 

Consumer non-real estate

 

 

302,217

 

 

 

21,600

 

 

 

2,255

 

 

 

790

 

 

 

 

 

 

326,862

 

Other loans

 

 

136,132

 

 

 

5,542

 

 

 

116

 

 

 

119

 

 

 

 

 

 

141,909

 

Acquired loans

 

 

156,008

 

 

 

109,075

 

 

 

20,884

 

 

 

8,284

 

 

 

345

 

 

 

294,596

 

Total

 

$

3,902,046

 

 

$

948,216

 

 

$

103,111

 

 

$

22,258

 

 

$

345

 

 

$

4,975,976

 

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 June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

6,655

 

 

$

(3

)

 

$

 

 

$

(3

)

 

$

235

 

 

$

6,887

 

Non-residential real estate other

 

 

11,362

 

 

 

(16

)

 

 

1

 

 

 

(15

)

 

 

(60

)

 

 

11,287

 

Residential real estate permanent mortgage

 

 

3,261

 

 

 

(4

)

 

 

4

 

 

 

 

 

 

64

 

 

 

3,325

 

Residential real estate all other

 

 

11,046

 

 

 

(143

)

 

 

25

 

 

 

(118

)

 

 

793

 

 

 

11,721

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

14,409

 

 

 

(87

)

 

 

85

 

 

 

(2

)

 

 

825

 

 

 

15,232

 

Consumer non-real estate

 

 

3,072

 

 

 

(162

)

 

 

38

 

 

 

(124

)

 

 

286

 

 

 

3,234

 

Other loans

 

 

2,408

 

 

 

 

 

 

43

 

 

 

43

 

 

 

(2

)

 

 

2,449

 

Acquired loans

 

 

702

 

 

 

(170

)

 

 

149

 

 

 

(21

)

 

 

292

 

 

 

973

 

Total

 

$

52,915

 

 

$

(585

)

 

$

345

 

 

$

(240

)

 

$

2,433

 

 

$

55,108

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

6,328

 

 

$

(9

)

 

$

1

 

 

$

(8

)

 

$

567

 

 

$

6,887

 

Non-residential real estate other

 

 

11,027

 

 

 

(22

)

 

 

1

 

 

 

(21

)

 

 

281

 

 

 

11,287

 

Residential real estate permanent mortgage

 

 

3,261

 

 

 

(67

)

 

 

9

 

 

 

(58

)

 

 

122

 

 

 

3,325

 

Residential real estate all other

 

 

10,673

 

 

 

(195

)

 

 

27

 

 

 

(168

)

 

 

1,216

 

 

 

11,721

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

13,151

 

 

 

(157

)

 

 

152

 

 

 

(5

)

 

 

2,086

 

 

 

15,232

 

Consumer non-real estate

 

 

3,065

 

 

 

(282

)

 

 

109

 

 

 

(173

)

 

 

342

 

 

 

3,234

 

Other loans

 

 

2,423

 

 

 

 

 

 

78

 

 

 

78

 

 

 

(52

)

 

 

2,449

 

Acquired loans

 

 

1,461

 

 

 

(196

)

 

 

153

 

 

 

(43

)

 

 

(445

)

 

 

973

 

Total

 

$

51,389

 

 

$

(928

)

 

$

530

 

 

$

(398

)

 

$

4,117

 

 

$

55,108

 

 

 

 

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 June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

6,650

 

 

$

 

 

$

 

 

$

 

 

$

(224

)

 

$

6,426

 

Non-residential real estate other

 

 

10,548

 

 

 

 

 

 

 

 

 

 

 

 

157

 

 

 

10,705

 

Residential real estate permanent mortgage

 

 

3,281

 

 

 

(6

)

 

 

23

 

 

 

17

 

 

 

9

 

 

 

3,307

 

Residential real estate all other

 

 

9,831

 

 

 

(151

)

 

 

3

 

 

 

(148

)

 

 

440

 

 

 

10,123

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

14,785

 

 

 

(153

)

 

 

10

 

 

 

(143

)

 

 

427

 

 

 

15,069

 

Consumer non-real estate

 

 

2,699

 

 

 

(194

)

 

 

44

 

 

 

(150

)

 

 

290

 

 

 

2,839

 

Other loans

 

 

2,336

 

 

 

(2

)

 

 

12

 

 

 

10

 

 

 

(18

)

 

 

2,328

 

Acquired loans

 

 

1,420

 

 

 

(166

)

 

 

5

 

 

 

(161

)

 

 

144

 

 

 

1,403

 

Total

 

$

51,550

 

 

$

(672

)

 

$

97

 

 

$

(575

)

 

$

1,225

 

 

$

52,200

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-residential real estate owner occupied

 

$

6,195

 

 

$

(19

)

 

$

1

 

 

$

(18

)

 

$

249

 

 

$

6,426

 

Non-residential real estate other

 

 

10,519

 

 

 

(1

)

 

 

39

 

 

 

38

 

 

 

148

 

 

 

10,705

 

Residential real estate permanent mortgage

 

 

3,226

 

 

 

(62

)

 

 

26

 

 

 

(36

)

 

 

117

 

 

 

3,307

 

Residential real estate all other

 

 

9,672

 

 

 

(241

)

 

 

6

 

 

 

(235

)

 

 

686

 

 

 

10,123

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

15,334

 

 

 

(309

)

 

 

23

 

 

 

(286

)

 

 

21

 

 

 

15,069

 

Consumer non-real estate

 

 

2,793

 

 

 

(444

)

 

 

124

 

 

 

(320

)

 

 

366

 

 

 

2,839

 

Other loans

 

 

2,481

 

 

 

(2

)

 

 

24

 

 

 

22

 

 

 

(175

)

 

 

2,328

 

Acquired loans

 

 

1,446

 

 

 

(193

)

 

 

23

 

 

 

(170

)

 

 

127

 

 

 

1,403

 

Total

 

$

51,666

 

 

$

(1,271

)

 

$

266

 

 

$

(1,005

)

 

$

1,539

 

 

$

52,200

 

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

 

 

 

June 30, 2019

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

1,003

 

 

$

5,884

 

 

$

669

 

 

$

5,659

 

Non-residential real estate other

 

 

1,055

 

 

 

10,232

 

 

 

1,119

 

 

 

9,908

 

Residential real estate permanent mortgage

 

 

508

 

 

 

2,817

 

 

 

505

 

 

 

2,756

 

Residential real estate all other

 

 

4,189

 

 

 

7,532

 

 

 

3,413

 

 

 

7,260

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

3,679

 

 

 

11,553

 

 

 

2,114

 

 

 

11,037

 

Consumer non-real estate

 

 

427

 

 

 

2,807

 

 

 

374

 

 

 

2,691

 

Other loans

 

 

10

 

 

 

2,439

 

 

 

65

 

 

 

2,358

 

Acquired loans

 

 

 

 

 

973

 

 

 

 

 

 

1,461

 

Total

 

$

10,871

 

 

$

44,237

 

 

$

8,259

 

 

$

43,130

 

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

 

 

 

June 30, 2019

 

 

December 31, 2018

 

 

 

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

 

$

26,741

 

 

$

628,450

 

 

$

 

 

$

17,846

 

 

$

608,775

 

 

$

 

Non-residential real estate other

 

 

28,050

 

 

 

1,152,455

 

 

 

 

 

 

25,333

 

 

 

1,120,795

 

 

 

 

Residential real estate permanent mortgage

 

 

9,303

 

 

 

325,072

 

 

 

 

 

 

9,026

 

 

 

319,676

 

 

 

 

Residential real estate all other

 

 

20,127

 

 

 

836,787

 

 

 

 

 

 

21,285

 

 

 

806,219

 

 

 

 

Commercial and financial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-consumer non-real estate

 

 

35,523

 

 

 

1,329,604

 

 

 

 

 

 

19,432

 

 

 

1,264,222

 

 

 

 

Consumer non-real estate

 

 

3,304

 

 

 

342,236

 

 

 

 

 

 

3,093

 

 

 

323,769

 

 

 

 

Other loans

 

 

10

 

 

 

143,863

 

 

 

 

 

 

209

 

 

 

141,700

 

 

 

 

Acquired loans

 

 

14,399

 

 

 

196,226

 

 

 

2,253

 

 

 

22,132

 

 

 

265,084

 

 

 

7,380

 

Total

 

$

137,457

 

 

$

4,954,693

 

 

$

2,253

 

 

$

118,356

 

 

$

4,850,240

 

 

$

7,380

 

Transfers from Loans and Premises and Equipment to Other Real Estate Owned and Repossessed Assets Transfers from loans and premises and equipment to other real estate owned and repossessed assets are non-cash transactions, and are not included in the statements of cash flow. Such transfers during the periods presented, are summarized as follows:

 

 

 

Six Months Ended

June 30,

 

 

 

2019

 

 

2018

 

 

 

(Dollars in thousands)

 

Other real estate owned

 

$

2,010

 

 

$

1,123

 

Repossessed assets

 

 

627

 

 

 

550

 

Total

 

$

2,637

 

 

$

1,673