Loans and Allowance for Loan Losses (Tables)
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12 Months Ended |
Dec. 31, 2019 |
Loans and Allowance for Loan Losses |
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Schedule of changes in allowance for loan losses |
| | | | | | | | | | | | | | | Non-acquired | | Acquired Non-Credit | | Acquired Credit | | | | (Dollars in thousands) | | Loans | | Impaired Loans | | Impaired Loans | | Total | Year Ended December 31, 2019: | | | | | | | | | | | | | Balance at beginning of period | | $ | 51,194 | | $ | — | | $ | 4,604 | | $ | 55,798 | Loans charged-off | | | (6,917) | | | (2,858) | | | — | | | (9,775) | Recoveries of loans previously charged off | | | 3,367 | | | 547 | | | — | | | 3,914 | Net charge-offs | | | (3,550) | | | (2,311) | | | — | | | (5,861) | Provision for loan losses charged to operations | | | 9,283 | | | 2,311 | | | 1,183 | | | 12,777 | Reduction due to loan removals | | | — | | | — | | | (723) | | | (723) | Balance at end of period | | $ | 56,927 | | $ | — | | $ | 5,064 | | $ | 61,991 | Year Ended December 31, 2018: | | | | | | | | | | | | | Balance at beginning of period | | $ | 43,448 | | $ | — | | $ | 4,627 | | $ | 48,075 | Loans charged-off | | | (6,012) | | | (2,214) | | | — | | | (8,226) | Recoveries of loans previously charged off | | | 2,995 | | | 305 | | | — | | | 3,300 | Net charge-offs | | | (3,017) | | | (1,909) | | | — | | | (4,926) | Provision for loan losses charged to operations | | | 10,763 | | | 1,909 | | | 1,111 | | | 13,783 | Reduction due to loan removals | | | — | | | — | | | (1,134) | | | (1,134) | Balance at end of period | | $ | 51,194 | | $ | — | | $ | 4,604 | | $ | 55,798 | Year Ended December 31, 2017: | | | | | | | | | | | | | Balance at beginning of period | | $ | 36,960 | | $ | — | | $ | 3,395 | | $ | 40,355 | Loans charged-off | | | (5,149) | | | (1,630) | | | — | | | (6,779) | Recoveries of loans previously charged off | | | 2,953 | | | 477 | | | — | | | 3,430 | Net charge-offs | | | (2,196) | | | (1,153) | | | — | | | (3,349) | Provision for loan losses charged to operations | | | 8,684 | | | 1,153 | | | 2,053 | | | 11,890 | Reduction due to loan removals | | | — | | | — | | | (821) | | | (821) | Balance at end of period | | $ | 43,448 | | $ | — | | $ | 4,627 | | $ | 48,075 |
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Summary of average investment in impaired loans and interest income recognized on impaired loans |
| | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | | | 2019 | | 2018 | | 2017 | | | | Average | | | | | Average | | | | | Average | | | | | | Investment in | | Interest Income | | Investment in | | Interest Income | | Investment in | | Interest Income | | (Dollars in thousands) | | Impaired Loans | | Recognized | | Impaired Loans | | Recognized | | Impaired Loans | | Recognized | | Commercial real estate: | | | | | | | | | | | | | | | | | | | | Construction and land development | | $ | 36,556 | | $ | 1,014 | | $ | 40,571 | | $ | 1,201 | | $ | 23,132 | | $ | 1,138 | | Commercial non-owner occupied | | | 702 | | | 15 | | | 1,200 | | | 28 | | | 1,091 | | | 45 | | Commercial owner occupied | | | 5,358 | | | 370 | | | 4,892 | | | 288 | | | 5,943 | | | 268 | | Consumer real estate: | | | | | | | | | | | | | | | | | | | | Consumer owner occupied | | | 5,951 | | | 185 | | | 6,197 | | | 212 | | | 5,653 | | | 195 | | Home equity loans | | | 2,644 | | | 138 | | | 2,919 | | | 126 | | | 2,343 | | | 113 | | Commercial and industrial | | | 3,935 | | | 324 | | | 1,224 | | | 57 | | | 1,209 | | | 48 | | Other income producing property | | | 2,448 | | | 84 | | | 3,005 | | | 155 | | | 2,755 | | | 171 | | Consumer | | | 181 | | | 4 | | | 213 | | | 1 | | | 192 | | | 6 | | Total Impaired Loans | | $ | 57,775 | | $ | 2,134 | | $ | 60,221 | | $ | 2,068 | | $ | 42,318 | | $ | 1,984 | |
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Summary of information pertaining to nonaccrual loans by class |
| | | | | | | | | | | | | | | | | | Unpaid | | Recorded | | Gross | | | | | | | | | Contractual | | Investment | | Recorded | | Total | | | | | | Principal | | With No | | Investment | | Recorded | | Related | (Dollars in thousands) | | Balance | | Allowance | | With Allowance | | Investment | | Allowance | December 31, 2019 | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | Construction and land development | | $ | 35,577 | | $ | 223 | | $ | 34,978 | | $ | 35,201 | | $ | 617 | Commercial non-owner occupied | | | 385 | | | 368 | | | 11 | | | 379 | | | — | Commercial owner occupied | | | 7,689 | | | 4,836 | | | 1,739 | | | 6,575 | | | 24 | Consumer real estate: | | | | | | | | | | | | | | | | Consumer owner occupied | | | 5,410 | | | 1,969 | | | 3,172 | | | 5,141 | | | 102 | Home equity loans | | | 2,605 | | | 1,184 | | | 1,277 | | | 2,461 | | | 132 | Commercial and industrial | | | 7,378 | | | 5,929 | | | 649 | | | 6,578 | | | 366 | Other income producing property | | | 2,423 | | | 415 | | | 1,609 | | | 2,024 | | | 50 | Consumer | | | 233 | | | — | | | 173 | | | 173 | | | 55 | Total | | $ | 61,700 | | $ | 14,924 | | $ | 43,608 | | $ | 58,532 | | $ | 1,346 | December 31, 2018 | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | Construction and land development | | $ | 38,314 | | $ | 339 | | $ | 37,574 | | $ | 37,913 | | $ | 788 | Commercial non-owner occupied | | | 1,157 | | | 536 | | | 489 | | | 1,025 | | | 70 | Commercial owner occupied | | | 5,085 | | | 3,101 | | | 1,041 | | | 4,142 | | | 27 | Consumer real estate: | | | | | | | | | | | | | | | | Consumer owner occupied | | | 7,291 | | | 4,992 | | | 1,769 | | | 6,761 | | | 41 | Home equity loans | | | 2,953 | | | 1,129 | | | 1,697 | | | 2,826 | | | 142 | Commercial and industrial | | | 1,332 | | | 467 | | | 824 | | | 1,291 | | | 416 | Other income producing property | | | 3,117 | | | 150 | | | 2,722 | | | 2,872 | | | 142 | Consumer | | | 211 | | | — | | | 188 | | | 188 | | | 2 | Total | | $ | 59,460 | | $ | 10,714 | | $ | 46,304 | | $ | 57,018 | | $ | 1,628 |
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Southeastern Bank Financial |
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Loans and Allowance for Loan Losses |
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Schedule of contractual loan payments receivable, estimates of amounts not expected to be collected, other fair value adjustments and the resulting carrying values |
| | | | | | | January 3, 2017 | | | | Loans Impaired | | (Dollars in thousands) | | at Acquisition | | Contractual principal and interest | | $ | 78,963 | | Non-accretable difference | | | (13,072) | | Cash flows expected to be collected | | | 65,891 | | Accretable difference | | | (4,910) | | Carrying value | | $ | 60,981 | |
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Park Sterling Corporation |
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Loans and Allowance for Loan Losses |
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Schedule of contractual loan payments receivable, estimates of amounts not expected to be collected, other fair value adjustments and the resulting carrying values |
The table below reflects refined contractual loan payments (principal and interest), estimates of the amounts not expected to be collected (non-accretable difference), accretable yield (interest income recognized over time), and the resulting fair values at the acquisition date for PSC (November 30, 2017) for loans accounted for using FASB ASC Topic 310-30. During the second quarter of 2018, the initial fair value of loans at acquisition were adjusted to reflect movement of loans between the ASC Topic 310-20 portfolio and the ASC Topic 310-30 portfolio and the movement in interest rates from the initial valuation. | | | | | | | | | November 30, 2017 | | | | | Loans Impaired | | (Dollars in thousands) | | | at Acquisition | | Contractual principal and interest | | | $ | 113,584 | | Non-accretable difference | | | | (27,248) | | Cash flows expected to be collected | | | | 86,336 | | Accretable difference | | | | (7,369) | | Carrying value | | | $ | 78,967 | |
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Non-acquired loans |
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Loans and Allowance for Loan Losses |
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Summary of loans |
| | | | | | | | | | December 31, | | (Dollars in thousands) | | 2019 | | 2018 | | Non-acquired loans: | | | | | | | | Commercial non-owner occupied real estate: | | | | | | | | Construction and land development | | $ | 968,360 | | $ | 841,445 | | Commercial non-owner occupied | | | 1,811,138 | | | 1,415,551 | | Total commercial non-owner occupied real estate | | | 2,779,498 | | | 2,256,996 | | Consumer real estate: | | | | | | | | Consumer owner occupied | | | 2,118,839 | | | 1,936,265 | | Home equity loans | | | 518,628 | | | 495,148 | | Total consumer real estate | | | 2,637,467 | | | 2,431,413 | | Commercial owner occupied real estate | | | 1,784,017 | | | 1,517,551 | | Commercial and industrial | | | 1,280,859 | | | 1,054,952 | | Other income producing property | | | 218,617 | | | 214,353 | | Consumer | | | 538,481 | | | 448,664 | | Other loans | | | 13,892 | | | 9,357 | | Total non-acquired loans | | | 9,252,831 | | | 7,933,286 | | Less allowance for loan losses | | | (56,927) | | | (51,194) | | Non-acquired loans, net | | $ | 9,195,904 | | $ | 7,882,092 | |
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Schedule of changes in allowance for loan losses |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Construction | | Commercial | | Commercial | | Consumer | | | | | | | | Other Income | | | | | | | | | | | | | & Land | | Non-owner | | Owner | | Owner | | Home | | Commercial | | Producing | | | | | Other | | | | | (Dollars in thousands) | | Development | | Occupied | | Occupied | | Occupied | | Equity | | & Industrial | | Property | | Consumer | | Loans | | Total | | Year Ended December 31, 2019: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at beginning of period | | $ | 5,682 | | $ | 8,754 | | $ | 9,369 | | $ | 11,913 | | $ | 3,434 | | $ | 7,454 | | $ | 1,446 | | $ | 3,101 | | $ | 41 | | $ | 51,194 | | Charge-offs | | | (78) | | | (3) | | | (87) | | | (50) | | | (203) | | | (622) | | | (31) | | | (5,843) | | | — | | | (6,917) | | Recoveries | | | 1,016 | | | 76 | | | 174 | | | 213 | | | 265 | | | 351 | | | 94 | | | 1,178 | | | — | | | 3,367 | | Provision (benefit) | | | (516) | | | 1,872 | | | 1,125 | | | 520 | | | (308) | | | 1,156 | | | (173) | | | 5,511 | | | 96 | | | 9,283 | | Balance at end of period | | $ | 6,104 | | $ | 10,699 | | $ | 10,581 | | $ | 12,596 | | $ | 3,188 | | $ | 8,339 | | $ | 1,336 | | $ | 3,947 | | $ | 137 | | $ | 56,927 | | Loans individually evaluated for impairment | | $ | 617 | | $ | — | | $ | 24 | | $ | 102 | | $ | 132 | | $ | 366 | | $ | 50 | | $ | 55 | | $ | — | | $ | 1,346 | | Loans collectively evaluated for impairment | | $ | 5,487 | | $ | 10,699 | | $ | 10,557 | | $ | 12,494 | | $ | 3,056 | | $ | 7,973 | | $ | 1,286 | | $ | 3,892 | | $ | 137 | | $ | 55,581 | | Loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | 35,201 | | $ | 379 | | $ | 6,575 | | $ | 5,141 | | $ | 2,461 | | $ | 6,578 | | $ | 2,024 | | $ | 173 | | $ | — | | $ | 58,532 | | Loans collectively evaluated for impairment | | | 933,159 | | | 1,810,759 | | | 1,777,442 | | | 2,113,698 | | | 516,167 | | | 1,274,281 | | | 216,593 | | | 538,308 | | | 13,892 | | | 9,194,299 | | Total non-acquired loans | | $ | 968,360 | | $ | 1,811,138 | | $ | 1,784,017 | | $ | 2,118,839 | | $ | 518,628 | | $ | 1,280,859 | | $ | 218,617 | | $ | 538,481 | | $ | 13,892 | | $ | 9,252,831 | | Year Ended December 31, 2018: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at beginning of period | | $ | 5,921 | | $ | 6,525 | | $ | 8,128 | | $ | 9,668 | | $ | 3,250 | | $ | 5,488 | | $ | 1,375 | | $ | 2,788 | | $ | 305 | | $ | 43,448 | | Charge-offs | | | (76) | | | — | | | (659) | | | (80) | | | (215) | | | (500) | | | (2) | | | (4,480) | | | — | | | (6,012) | | Recoveries | | | 1,340 | | | 11 | | | 145 | | | 132 | | | 279 | | | 256 | | | 21 | | | 811 | | | — | | | 2,995 | | Provision (benefit) | | | (1,503) | | | 2,218 | | | 1,755 | | | 2,193 | | | 120 | | | 2,210 | | | 52 | | | 3,982 | | | (264) | | | 10,763 | | Balance at end of period | | $ | 5,682 | | $ | 8,754 | | $ | 9,369 | | $ | 11,913 | | $ | 3,434 | | $ | 7,454 | | $ | 1,446 | | $ | 3,101 | | $ | 41 | | $ | 51,194 | | Loans individually evaluated for impairment | | $ | 788 | | $ | 70 | | $ | 27 | | $ | 41 | | $ | 142 | | $ | 416 | | $ | 142 | | $ | 2 | | $ | — | | $ | 1,628 | | Loans collectively evaluated for impairment | | $ | 4,894 | | $ | 8,684 | | $ | 9,342 | | $ | 11,872 | | $ | 3,292 | | $ | 7,038 | | $ | 1,304 | | $ | 3,099 | | $ | 41 | | $ | 49,566 | | Loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | 37,913 | | $ | 1,025 | | $ | 4,142 | | $ | 6,761 | | $ | 2,826 | | $ | 1,291 | | $ | 2,872 | | $ | 188 | | $ | — | | $ | 57,018 | | Loans collectively evaluated for impairment | | | 803,532 | | | 1,414,526 | | | 1,513,409 | | | 1,929,504 | | | 492,322 | | | 1,053,661 | | | 211,481 | | | 448,476 | | | 9,357 | | | 7,876,268 | | Total non-acquired loans | | $ | 841,445 | | $ | 1,415,551 | | $ | 1,517,551 | | $ | 1,936,265 | | $ | 495,148 | | $ | 1,054,952 | | $ | 214,353 | | $ | 448,664 | | $ | 9,357 | | $ | 7,933,286 | | Year Ended December 31, 2017: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at beginning of period | | $ | 4,091 | | $ | 4,980 | | $ | 8,022 | | $ | 7,820 | | $ | 3,211 | | $ | 4,842 | | $ | 1,542 | | $ | 2,350 | | $ | 102 | | $ | 36,960 | | Charge-offs | | | (546) | | | — | | | — | | | (185) | | | (330) | | | (776) | | | (51) | | | (3,261) | | | — | | | (5,149) | | Recoveries | | | 968 | | | 132 | | | 220 | | | 306 | | | 210 | | | 343 | | | 85 | | | 689 | | | — | | | 2,953 | | Provision (benefit) | | | 1,408 | | | 1,413 | | | (114) | | | 1,727 | | | 159 | | | 1,079 | | | (201) | | | 3,010 | | | 203 | | | 8,684 | | Balance at end of period | | $ | 5,921 | | $ | 6,525 | | $ | 8,128 | | $ | 9,668 | | $ | 3,250 | | $ | 5,488 | | $ | 1,375 | | $ | 2,788 | | $ | 305 | | $ | 43,448 | | Loans individually evaluated for impairment | | $ | 1,063 | | $ | 125 | | $ | 64 | | $ | 37 | | $ | 135 | | $ | 15 | | $ | 178 | | $ | 7 | | $ | — | | $ | 1,624 | | Loans collectively evaluated for impairment | | $ | 4,858 | | $ | 6,400 | | $ | 8,064 | | $ | 9,631 | | $ | 3,115 | | $ | 5,473 | | $ | 1,197 | | $ | 2,781 | | $ | 305 | | $ | 41,824 | | Loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | 43,230 | | $ | 1,375 | | $ | 5,642 | | $ | 5,632 | | $ | 3,011 | | $ | 1,156 | | $ | 3,138 | | $ | 239 | | $ | — | | $ | 63,423 | | Loans collectively evaluated for impairment | | | 787,645 | | | 1,007,518 | | | 1,257,134 | | | 1,524,628 | | | 434,631 | | | 814,031 | | | 190,709 | | | 378,746 | | | 33,690 | | | 6,428,732 | | Total non-acquired loans | | $ | 830,875 | | $ | 1,008,893 | | $ | 1,262,776 | | $ | 1,530,260 | | $ | 437,642 | | $ | 815,187 | | $ | 193,847 | | $ | 378,985 | | $ | 33,690 | | $ | 6,492,155 | |
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Schedule of credit risk profile by risk grade of loans |
| | | | | | | | | Total Non-acquired Loans | | | December 31, | | December 31, | (Dollars in thousands) | | 2019 | | 2018 | Pass | | $ | 9,123,097 | | $ | 7,813,938 | Special mention | | | 83,830 | | | 66,645 | Substandard | | | 45,904 | | | 52,703 | Doubtful | | | — | | | — | | | $ | 9,252,831 | | $ | 7,933,286 |
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Aging analysis of past due loans (includes nonaccrual loans), segregated by class of loans |
| | | | | | | | | | | | | | | | | | | | | 30 - 59 Days | | 60 - 89 Days | | 90+ Days | | Total | | | | | Total | (Dollars in thousands) | | Past Due | | Past Due | | Past Due | | Past Due | | Current | | Loans | December 31, 2019 | | | | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Construction and land development | | $ | 321 | | $ | 39 | | $ | 255 | | $ | 615 | | $ | 967,745 | | $ | 968,360 | Commercial non-owner occupied | | | 114 | | | — | | | 299 | | | 413 | | | 1,810,725 | | | 1,811,138 | Commercial owner occupied | | | 4,011 | | | 636 | | | 2,302 | | | 6,949 | | | 1,777,068 | | | 1,784,017 | Consumer real estate: | | | | | | | | | | | | | | | | | | | Consumer owner occupied | | | 1,157 | | | 285 | | | 2,424 | | | 3,866 | | | 2,114,973 | | | 2,118,839 | Home equity loans | | | 1,343 | | | 39 | | | 562 | | | 1,944 | | | 516,684 | | | 518,628 | Commercial and industrial | | | 5,531 | | | 100 | | | 649 | | | 6,280 | | | 1,274,579 | | | 1,280,859 | Other income producing property | | | 208 | | | — | | | 457 | | | 665 | | | 217,952 | | | 218,617 | Consumer | | | 825 | | | 285 | | | 826 | | | 1,936 | | | 536,545 | | | 538,481 | Other loans | | | 25 | | | 3 | | | — | | | 28 | | | 13,864 | | | 13,892 | | | $ | 13,535 | | $ | 1,387 | | $ | 7,774 | | $ | 22,696 | | $ | 9,230,135 | | $ | 9,252,831 | December 31, 2018 | | | | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Construction and land development | | $ | 693 | | $ | 305 | | $ | 452 | | $ | 1,450 | | $ | 839,995 | | $ | 841,445 | Commercial non-owner occupied | | | 68 | | | 18 | | | 396 | | | 482 | | | 1,415,069 | | | 1,415,551 | Commercial owner occupied | | | 1,639 | | | 1,495 | | | 904 | | | 4,038 | | | 1,513,513 | | | 1,517,551 | Consumer real estate: | | | | | | | | | | | | | | | | | | | Consumer owner occupied | | | 1,460 | | | 789 | | | 943 | | | 3,192 | | | 1,933,073 | | | 1,936,265 | Home equity loans | | | 744 | | | 532 | | | 713 | | | 1,989 | | | 493,159 | | | 495,148 | Commercial and industrial | | | 898 | | | 120 | | | 573 | | | 1,591 | | | 1,053,361 | | | 1,054,952 | Other income producing property | | | 169 | | | 26 | | | 289 | | | 484 | | | 213,869 | | | 214,353 | Consumer | | | 437 | | | 174 | | | 718 | | | 1,329 | | | 447,335 | | | 448,664 | Other loans | | | — | | | — | | | — | | | — | | | 9,357 | | | 9,357 | | | $ | 6,108 | | $ | 3,459 | | $ | 4,988 | | $ | 14,555 | | $ | 7,918,731 | | $ | 7,933,286 |
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Summary of information pertaining to impaired loans |
| | | | | | | | | | | | December 31, | | (Dollars in thousands) | | | 2019 | | 2018 | | Commercial non-owner occupied real estate: | | | | | | | | | Construction and land development | | | $ | 363 | | $ | 424 | | Commercial non-owner occupied | | | | 732 | | | 831 | | Total commercial non-owner occupied real estate | | | | 1,095 | | | 1,255 | | Consumer real estate: | | | | | | | | | Consumer owner occupied | | | | 7,202 | | | 7,109 | | Home equity loans | | | | 1,468 | | | 2,333 | | Total consumer real estate | | | | 8,670 | | | 9,442 | | Commercial owner occupied real estate | | | | 3,482 | | | 1,068 | | Commercial and industrial | | | | 4,092 | | | 647 | | Other income producing property | | | | 798 | | | 500 | | Consumer | | | | 1,587 | | | 1,267 | | Restructured loans | | | | 2,578 | | | 648 | | Total loans on nonaccrual status | | | $ | 22,302 | | $ | 14,827 | |
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Non-acquired loans | Commercial non-owner occupied real estate |
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Loans and Allowance for Loan Losses |
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Schedule of credit risk profile by risk grade of loans |
| | | | | | | | | | | | | | | | | | | | | Construction & Development | | Commercial Non-owner Occupied | | Commercial Owner Occupied | | | December 31, | | December 31, | | December 31, | | December 31, | | December 31, | | December 31, | (Dollars in thousands) | | 2019 | | 2018 | | 2019 | | 2018 | | 2019 | | 2018 | Pass | | $ | 959,206 | | $ | 832,612 | | $ | 1,787,306 | | $ | 1,407,744 | | $ | 1,754,801 | | $ | 1,480,267 | Special mention | | | 7,095 | | | 6,015 | | | 22,410 | | | 6,427 | | | 19,742 | | | 24,576 | Substandard | | | 2,059 | | | 2,818 | | | 1,422 | | | 1,380 | | | 9,474 | | | 12,708 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | $ | 968,360 | | $ | 841,445 | | $ | 1,811,138 | | $ | 1,415,551 | | $ | 1,784,017 | | $ | 1,517,551 |
| | | | | | | | | | | | | | | | | | | | | | Commercial & Industrial | | Other Income Producing Property | | Commercial Total | | | | December 31, | | December 31, | | December 31, | | December 31, | | December 31, | | December 31, | | | | 2019 | | 2018 | | 2019 | | 2018 | | 2019 | | 2018 | | Pass | | $ | 1,256,465 | | $ | 1,037,915 | | $ | 213,291 | | $ | 208,186 | | $ | 5,971,069 | | $ | 4,966,724 | | Special mention | | | 16,055 | | | 5,887 | | | 3,966 | | | 4,706 | | | 69,268 | | | 47,611 | | Substandard | | | 8,339 | | | 11,150 | | | 1,360 | | | 1,461 | | | 22,654 | | | 29,517 | | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | | $ | 1,280,859 | | $ | 1,054,952 | | $ | 218,617 | | $ | 214,353 | | $ | 6,062,991 | | $ | 5,043,852 | |
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Non-acquired loans | Consumer loans |
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Loans and Allowance for Loan Losses |
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Schedule of credit risk profile by risk grade of loans |
The following table presents the credit risk profile by risk grade of consumer non-acquired loans: | | | | | | | | | | | | | | | | | | | | | Consumer Owner Occupied | | Home Equity | | Consumer | | | December 31, | | December 31, | | December 31, | | December 31, | | December 31, | | December 31, | (Dollars in thousands) | | 2019 | | 2018 | | 2019 | | 2018 | | 2019 | | 2018 | Pass | | $ | 2,094,080 | | $ | 1,909,427 | | $ | 508,054 | | $ | 481,607 | | $ | 536,002 | | $ | 446,823 | Special mention | | | 9,585 | | | 11,304 | | | 4,490 | | | 7,293 | | | 487 | | | 437 | Substandard | | | 15,174 | | | 15,534 | | | 6,084 | | | 6,248 | | | 1,992 | | | 1,404 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | $ | 2,118,839 | | $ | 1,936,265 | | $ | 518,628 | | $ | 495,148 | | $ | 538,481 | | $ | 448,664 |
| | | | | | | | | | | | | | | Other | | Consumer Total | | | December 31, 2019 | | December 31, 2018 | | December 31, 2019 | | December 31, 2018 | Pass | | $ | 13,892 | | $ | 9,357 | | $ | 3,152,028 | | $ | 2,847,214 | Special mention | | | — | | | — | | | 14,562 | | | 19,034 | Substandard | | | — | | | — | | | 23,250 | | | 23,186 | Doubtful | | | — | | | — | | | — | | | — | | | $ | 13,892 | | $ | 9,357 | | $ | 3,189,840 | | $ | 2,889,434 |
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Acquired credit impaired loans |
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Loans and Allowance for Loan Losses |
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Summary of loans |
| | | | | | | | | | December 31, | | (Dollars in thousands) | | 2019 | | 2018 | | Acquired credit impaired loans: | | | | | | | | Commercial real estate | | $ | 130,938 | | $ | 196,764 | | Commercial real estate—construction and development | | | 25,032 | | | 32,942 | | Residential real estate | | | 163,359 | | | 207,482 | | Consumer | | | 35,488 | | | 42,492 | | Commercial and industrial | | | 7,029 | | | 10,043 | | Acquired credit impaired loans | | | 361,846 | | | 489,723 | | Less allowance for loan losses | | | (5,064) | | | (4,604) | | Acquired credit impaired loans, net | | $ | 356,782 | | $ | 485,119 | |
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Schedule of contractual loan payments receivable, estimates of amounts not expected to be collected, other fair value adjustments and the resulting carrying values |
| | | | | | | | | | December 31, | | December 31, | | (Dollars in thousands) | | 2019 | | 2018 | | Contractual principal and interest | | $ | 452,818 | | $ | 626,691 | | Non-accretable difference | | | (13,938) | | | (24,818) | | Cash flows expected to be collected | | | 438,880 | | | 601,873 | | Accretable yield | | | (82,098) | | | (116,754) | | Carrying value | | $ | 356,782 | | $ | 485,119 | |
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Schedule of changes in the carrying value |
| | | | | | | | | Year Ended December 31, | (Dollars in thousands) | | 2019 | | 2018 | Balance at beginning of period | | $ | 485,119 | | $ | 618,803 | Net reductions for payments, foreclosures, and accretion | | | (127,877) | | | (133,707) | Change in the allowance for loan losses on acquired loans | | | (460) | | | 23 | Balance at end of period, net of allowance for loan losses on acquired credit impaired loans | | $ | 356,782 | | $ | 485,119 |
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Schedule of refined accretable yield balance |
| | | | | | | | | | | | Year Ended December 31, | (Dollars in thousands) | | 2019 | | 2018 | | 2017 | Balance at beginning of period | | $ | 116,754 | | $ | 133,096 | | $ | 155,379 | Addition from the PSC acquisition | | | — | | | — | | | 4,910 | Park Sterling Corporation ("Park Sterling") acquisition Day 1 adjustment | | | — | | | (1,460) | | | 8,829 | Contractual interest income | | | (26,515) | | | (33,115) | | | (36,690) | Accretion on acquired credit impaired loans | | | (17,813) | | | (19,004) | | | (20,841) | Reclass of nonaccretable difference due to improvement in expected cash flows | | | 9,826 | | | 37,501 | | | 21,987 | Other changes, net | | | (154) | | | (264) | | | (478) | Balance at end of period | | $ | 82,098 | | $ | 116,754 | | $ | 133,096 |
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Schedule of changes in allowance for loan losses |
| | | | | | | | | | | | | | | | | | | | | | | | | Commercial | | | | | | | | | | | | | | | | | | | Real Estate- | | | | | | | | | | | | | | | | Commercial | | Construction and | | Residential | | | | | Commercial | | | | | (Dollars in thousands) | | Real Estate | | Development | | Real Estate | | Consumer | | and Industrial | | Total | | Year Ended December 31, 2019: | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | Balance, December 31, 2018 | | $ | 801 | | $ | 717 | | $ | 2,246 | | $ | 761 | | $ | 79 | | $ | 4,604 | | Provision for loan losses | | | 577 | | | (148) | | | 716 | | | (222) | | | 260 | | | 1,183 | | Reduction due to loan removals | | | (1) | | | — | | | (407) | | | — | | | (315) | | | (723) | | Balance, December 31, 2019 | | $ | 1,377 | | $ | 569 | | $ | 2,555 | | $ | 539 | | $ | 24 | | $ | 5,064 | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | $ | 1,377 | | $ | 569 | | $ | 2,555 | | $ | 539 | | $ | 24 | | $ | 5,064 | | Loans:* | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | | 130,938 | | | 25,032 | | | 163,359 | | | 35,488 | | | 7,029 | | | 361,846 | | Total acquired credit impaired loans | | $ | 130,938 | | $ | 25,032 | | $ | 163,359 | | $ | 35,488 | | $ | 7,029 | | $ | 361,846 | | Year Ended December 31, 2018: | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | Balance, December 31, 2017 | | $ | 288 | | $ | 180 | | $ | 3,553 | | $ | 461 | | $ | 145 | | $ | 4,627 | | Provision for loan losses | | | 532 | | | 657 | | | (892) | | | 303 | | | 511 | | | 1,111 | | Reduction due to loan removals | | | (19) | | | (120) | | | (415) | | | (3) | | | (577) | | | (1,134) | | Balance, December 31, 2018 | | $ | 801 | | $ | 717 | | $ | 2,246 | | $ | 761 | | $ | 79 | | $ | 4,604 | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | $ | 801 | | $ | 717 | | $ | 2,246 | | $ | 761 | | $ | 79 | | $ | 4,604 | | Loans:* | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | | 196,764 | | | 32,942 | | | 207,482 | | | 42,492 | | | 10,043 | | | 489,723 | | Total acquired credit impaired loans | | $ | 196,764 | | $ | 32,942 | | $ | 207,482 | | $ | 42,492 | | $ | 10,043 | | $ | 489,723 | | Year Ended December 31, 2017: | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | Balance, December 31, 2016 | | $ | 41 | | $ | 139 | | $ | 2,419 | | $ | 558 | | $ | 238 | | $ | 3,395 | | Provision for loan losses | | | 247 | | | 163 | | | 1,662 | | | (83) | | | 64 | | | 2,053 | | Reduction due to loan removals | | | — | | | (122) | | | (528) | | | (14) | | | (157) | | | (821) | | Balance, December 31, 2017 | | $ | 288 | | $ | 180 | | $ | 3,553 | | $ | 461 | | $ | 145 | | $ | 4,627 | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | $ | 288 | | $ | 180 | | $ | 3,553 | | $ | 461 | | $ | 145 | | $ | 4,627 | | Loans:* | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | | 234,595 | | | 49,649 | | | 260,787 | | | 51,453 | | | 26,946 | | | 623,430 | | Total acquired credit impaired loans | | $ | 234,595 | | $ | 49,649 | | $ | 260,787 | | $ | 51,453 | | $ | 26,946 | | $ | 623,430 | |
* The carrying value of acquired credit impaired loans includes a non-accretable difference which is primarily associated with the assessment of credit quality of acquired loans.
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Schedule of credit risk profile by risk grade of loans |
| | | | | | | | | | | | | | | | | | | | | | | | Commercial Real Estate— | | | | | | | | | | | Construction and | | | | | Commercial Real Estate | | Development | | | | | December 31, | | December 31, | | (Dollars in thousands) | | | 2019 | | 2018 | | 2019 | | 2018 | | Pass | | | $ | 108,762 | | $ | 160,788 | | $ | 17,756 | | $ | 20,293 | | Special mention | | | | 6,465 | | | 14,393 | | | 2,904 | | | 3,001 | | Substandard | | | | 15,711 | | | 21,583 | | | 4,372 | | | 9,648 | | Doubtful | | | | — | | | — | | | — | | | — | | | | | $ | 130,938 | | $ | 196,764 | | $ | 25,032 | | $ | 32,942 | |
| | | | | | | | | | | | | | | | | | | | | | Residential Real Estate | | Consumer | | Commercial & Industrial | | | | December 31, | | December 31, | | December 31, | | | | 2019 | | 2018 | | 2019 | | 2018 | | 2019 | | 2018 | | Pass | | $ | 82,203 | | $ | 104,181 | | $ | 4,483 | | $ | 5,751 | | $ | 5,160 | | $ | 5,093 | | Special mention | | | 35,968 | | | 41,964 | | | 12,658 | | | 14,484 | | | 286 | | | 546 | | Substandard | | | 45,188 | | | 61,337 | | | 18,347 | | | 22,257 | | | 1,583 | | | 4,404 | | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | | $ | 163,359 | | $ | 207,482 | | $ | 35,488 | | $ | 42,492 | | $ | 7,029 | | $ | 10,043 | |
| | | | | | | | | | | | Total Acquired | | | | | Credit Impaired Loans | | | | | December 31, | | | | | 2019 | | 2018 | | Pass | | | $ | 218,364 | | $ | 296,106 | | Special mention | | | | 58,281 | | | 74,388 | | Substandard | | | | 85,201 | | | 119,229 | | Doubtful | | | | — | | | — | | | | | $ | 361,846 | | $ | 489,723 | |
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Aging analysis of past due loans (includes nonaccrual loans), segregated by class of loans |
| | | | | | | | | | | | | | | | | | | | | 30 - 59 Days | | 60 - 89 Days | | 90+ Days | | Total | | | | | Total | (Dollars in thousands) | | Past Due | | Past Due | | Past Due | | Past Due | | Current | | Loans | December 31, 2019 | | | | | | | | | | | | | | | | | | | Commercial real estate | | $ | 2,283 | | $ | — | | $ | 2,659 | | $ | 4,942 | | $ | 125,996 | | $ | 130,938 | Commercial real estate—construction and development | | | — | | | — | | | 393 | | | 393 | | | 24,639 | | | 25,032 | Residential real estate | | | 2,838 | | | 976 | | | 5,571 | | | 9,385 | | | 153,974 | | | 163,359 | Consumer | | | 820 | | | 283 | | | 534 | | | 1,637 | | | 33,851 | | | 35,488 | Commercial and industrial | | | 118 | | | 910 | | | 75 | | | 1,103 | | | 5,926 | | | 7,029 | | | $ | 6,059 | | $ | 2,169 | | $ | 9,232 | | $ | 17,460 | | $ | 344,386 | | $ | 361,846 | December 31, 2018 | | | | | | | | | | | | | | | | | | | Commercial real estate | | $ | 876 | | $ | 112 | | $ | 4,533 | | $ | 5,521 | | $ | 191,243 | | $ | 196,764 | Commercial real estate—construction and development | | | 115 | | | 12 | | | 2,816 | | | 2,943 | | | 29,999 | | | 32,942 | Residential real estate | | | 4,620 | | | 1,251 | | | 8,487 | | | 14,358 | | | 193,124 | | | 207,482 | Consumer | | | 722 | | | 90 | | | 839 | | | 1,651 | | | 40,841 | | | 42,492 | Commercial and industrial | | | 2,437 | | | — | | | 88 | | | 2,525 | | | 7,518 | | | 10,043 | | | $ | 8,770 | | $ | 1,465 | | $ | 16,763 | | $ | 26,998 | | $ | 462,725 | | $ | 489,723 |
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Acquired non-credit impaired non-accrual loans |
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Loans and Allowance for Loan Losses |
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Summary of information pertaining to nonaccrual loans by class |
| | | | | | | | | | | December 31, | (Dollars in thousands) | | | 2019 | | 2018 | Commercial non-owner occupied real estate: | | | | | | | | Construction and land development | | | $ | 699 | | $ | 252 | Commercial non-owner occupied | | | | 393 | | | 283 | Total commercial non-owner occupied real estate | | | | 1,092 | | | 535 | Consumer real estate: | | | | | | | | Consumer owner occupied | | | | 2,350 | | | 3,864 | Home equity loans | | | | 3,067 | | | 4,512 | Total consumer real estate | | | | 5,417 | | | 8,376 | Commercial owner occupied real estate | | | | 903 | | | 1,470 | Commercial and industrial | | | | 722 | | | 1,296 | Other income producing property | | | | 1,101 | | | 244 | Consumer | | | | 1,604 | | | 1,568 | Total loans on nonaccrual status | | | $ | 10,839 | | $ | 13,489 |
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Acquired non-credit impaired loans |
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Loans and Allowance for Loan Losses |
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Summary of loans |
| | | | | | | | | | December 31, | | (Dollars in thousands) | | 2019 | | 2018 | | Acquired non-credit impaired loans: | | | | | | | | Commercial non-owner occupied real estate: | | | | | | | | Construction and land development | | $ | 33,569 | | $ | 165,070 | | Commercial non-owner occupied | | | 447,441 | | | 679,253 | | Total commercial non-owner occupied real estate | | | 481,010 | | | 844,323 | | Consumer real estate: | | | | | | | | Consumer owner occupied | | | 496,431 | | | 628,813 | | Home equity loans | | | 188,732 | | | 242,425 | | Total consumer real estate | | | 685,163 | | | 871,238 | | Commercial owner occupied real estate | | | 307,193 | | | 421,841 | | Commercial and industrial | | | 101,880 | | | 212,537 | | Other income producing property | | | 95,697 | | | 133,110 | | Consumer | | | 89,484 | | | 111,777 | | Other | | | — | | | — | | Acquired non-credit impaired loans | | $ | 1,760,427 | | $ | 2,594,826 | |
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Schedule of changes in allowance for loan losses |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Construction | | Commercial | | Commercial | | Consumer | | | | | | | | Other Income | | | | | | | | | | | | | & Land | | Non-owner | | Owner | | Owner | | Home | | Commercial | | Producing | | | | | | | | | | | (Dollars in thousands) | | Development | | Occupied | | Occupied | | Occupied | | Equity | | & Industrial | | Property | | Consumer | | Other | | Total | | Year Ended December 31, 2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at beginning of period | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Charge-offs | | | (44) | | | — | | | (786) | | | (6) | | | (263) | | | (1,289) | | | (26) | | | (444) | | | — | | | (2,858) | | Recoveries | | | 3 | | | — | | | — | | | 26 | | | 206 | | | 190 | | | 71 | | | 51 | | | — | | | 547 | | Provision (benefit) | | | 41 | | | — | | | 786 | | | (20) | | | 57 | | | 1,099 | | | (45) | | | 393 | | | — | | | 2,311 | | Balance, December 31, 2019 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | | 33,569 | | | 447,441 | | | 307,193 | | | 496,431 | | | 188,732 | | | 101,880 | | | 95,697 | | | 89,484 | | | — | | | 1,760,427 | | Total acquired non-credit impaired loans | | $ | 33,569 | | $ | 447,441 | | $ | 307,193 | | $ | 496,431 | | $ | 188,732 | | $ | 101,880 | | $ | 95,697 | | $ | 89,484 | | $ | — | | $ | 1,760,427 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2018 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at beginning of period | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Charge-offs | | | (107) | | | — | | | (28) | | | (70) | | | (436) | | | (1,108) | | | — | | | (465) | | | — | | | (2,214) | | Recoveries | | | 8 | | | — | | | — | | | 64 | | | 102 | | | 63 | | | — | | | 68 | | | — | | | 305 | | Provision (benefit) | | | 99 | | | — | | | 28 | | | 6 | | | 334 | | | 1,045 | | | — | | | 397 | | | — | | | 1,909 | | Balance, December 31, 2018 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | | 165,070 | | | 679,253 | | | 421,841 | | | 628,813 | | | 242,425 | | | 212,537 | | | 133,110 | | | 111,777 | | | — | | | 2,594,826 | | Total acquired non-credit impaired loans | | $ | 165,070 | | $ | 679,253 | | $ | 421,841 | | $ | 628,813 | | $ | 242,425 | | $ | 212,537 | | $ | 133,110 | | $ | 111,777 | | $ | — | | $ | 2,594,826 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2017 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for loan losses: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at beginning of period | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Charge-offs | | | (82) | | | — | | | — | | | (150) | | | (859) | | | (71) | | | — | | | (468) | | | — | | | (1,630) | | Recoveries | | | 4 | | | — | | | 2 | | | 41 | | | 393 | | | 6 | | | 8 | | | 23 | | | — | | | 477 | | Provision (benefit) | | | 78 | | | — | | | (2) | | | 109 | | | 466 | | | 65 | | | (8) | | | 445 | | | — | | | 1,153 | | Balance, December 31, 2017 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loans individually evaluated for impairment | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | Loans collectively evaluated for impairment | | | 403,357 | | | 817,166 | | | 521,818 | | | 710,611 | | | 320,591 | | | 398,696 | | | 196,669 | | | 137,710 | | | 1,289 | | | 3,507,907 | | Total acquired non-credit impaired loans | | $ | 403,357 | | $ | 817,166 | | $ | 521,818 | | $ | 710,611 | | $ | 320,591 | | $ | 398,696 | | $ | 196,669 | | $ | 137,710 | | $ | 1,289 | | $ | 3,507,907 | |
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Schedule of credit risk profile by risk grade of loans |
| | | | | | | | | | | | Total Acquired | | | | | Non-credit Impaired Loans | | | | | December 31, | | (Dollars in thousands) | | | 2019 | | 2018 | | Pass | | | $ | 1,697,942 | | $ | 2,523,010 | | Special mention | | | | 39,772 | | | 48,716 | | Substandard | | | | 22,713 | | | 23,100 | | Doubtful | | | | — | | | — | | | | | $ | 1,760,427 | | $ | 2,594,826 | |
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Aging analysis of past due loans (includes nonaccrual loans), segregated by class of loans |
| | | | | | | | | | | | | | | | | | | | | 30 - 59 Days | | 60 - 89 Days | | 90+ Days | | Total | | | | | Total | (Dollars in thousands) | | Past Due | | Past Due | | Past Due | | Past Due | | Current | | Loans | December 31, 2019 | | | | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Construction and land development | | $ | 20 | | $ | — | | $ | 256 | | $ | 276 | | $ | 33,293 | | $ | 33,569 | Commercial non-owner occupied | | | 144 | | | 1,146 | | | 76 | | | 1,366 | | | 446,075 | | | 447,441 | Commercial owner occupied | | | 890 | | | 702 | | | 698 | | | 2,290 | | | 304,903 | | | 307,193 | Consumer real estate: | | | | | | | | | | | | | | | | | | | Consumer owner occupied | | | 768 | | | 151 | | | 414 | | | 1,333 | | | 495,098 | | | 496,431 | Home equity loans | | | 369 | | | 55 | | | 1,154 | | | 1,578 | | | 187,154 | | | 188,732 | Commercial and industrial | | | 93 | | | 204 | | | 17 | | | 314 | | | 101,566 | | | 101,880 | Other income producing property | | | 378 | | | 4,309 | | | 551 | | | 5,238 | | | 90,459 | | | 95,697 | Consumer | | | 485 | | | 613 | | | 423 | | | 1,521 | | | 87,963 | | | 89,484 | | | $ | 3,147 | | $ | 7,180 | | $ | 3,589 | | $ | 13,916 | | $ | 1,746,511 | | $ | 1,760,427 | December 31, 2018 | | | | | | | | | | | | | | | | | | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Construction and land development | | $ | 647 | | $ | 45 | | $ | 365 | | $ | 1,057 | | $ | 164,013 | | $ | 165,070 | Commercial non-owner occupied | | | 607 | | | 21 | | | 283 | | | 911 | | | 678,342 | | | 679,253 | Commercial owner occupied | | | 964 | | | 1,006 | | | — | | | 1,970 | | | 419,871 | | | 421,841 | Consumer real estate: | | | | | | | | | | | | | | | | | | | Consumer owner occupied | | | 1,127 | | | 621 | | | 789 | | | 2,537 | | | 626,276 | | | 628,813 | Home equity loans | | | 1,286 | | | 442 | | | 2,209 | | | 3,937 | | | 238,488 | | | 242,425 | Commercial and industrial | | | 2,648 | | | 130 | | | 19 | | | 2,797 | | | 209,740 | | | 212,537 | Other income producing property | | | 603 | | | 276 | | | 129 | | | 1,008 | | | 132,102 | | | 133,110 | Consumer | | | 574 | | | 209 | | | 532 | | | 1,315 | | | 110,462 | | | 111,777 | | | $ | 8,456 | | $ | 2,750 | | $ | 4,326 | | $ | 15,532 | | $ | 2,579,294 | | $ | 2,594,826 |
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Acquired non-credit impaired loans | Commercial non-owner occupied real estate |
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Loans and Allowance for Loan Losses |
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Schedule of credit risk profile by risk grade of loans |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial Non-owner | | | | | | | | | | | Construction & Development | | Occupied | | Commercial Owner Occupied | | | | | December 31, | | December 31, | | December 31, | | (Dollars in thousands) | | | 2019 | | 2018 | | 2019 | | 2018 | | 2019 | | 2018 | | Pass | | | $ | 31,690 | | $ | 163,777 | | $ | 432,710 | | $ | 665,913 | | $ | 300,678 | | $ | 411,783 | | Special mention | | | | 966 | | | 838 | | | 14,162 | | | 13,018 | | | 3,092 | | | 5,664 | | Substandard | | | | 913 | | | 455 | | | 569 | | | 322 | | | 3,423 | | | 4,394 | | Doubtful | | | | — | | | — | | | — | | | — | | | — | | | — | | | | | $ | 33,569 | | $ | 165,070 | | $ | 447,441 | | $ | 679,253 | | $ | 307,193 | | $ | 421,841 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other Income Producing | | | | | | Commercial & Industrial | | Property | | Commercial Total | | | | December 31, | | December 31, | | December 31, | | | | 2019 | | 2018 | | 2019 | | 2018 | | 2019 | | 2018 | Pass | | | $ | 97,092 | | $ | 202,399 | | $ | 87,892 | | $ | 125,399 | | $ | 950,062 | | $ | 1,569,271 | Special mention | | | | 2,948 | | | 6,523 | | | 5,837 | | | 6,419 | | | 27,005 | | | 32,462 | Substandard | | | | 1,840 | | | 3,615 | | | 1,968 | | | 1,292 | | | 8,713 | | | 10,078 | Doubtful | | | | — | | | — | | | — | | | — | | | — | | | — | | | | $ | 101,880 | | $ | 212,537 | | $ | 95,697 | | $ | 133,110 | | $ | 985,780 | | $ | 1,611,811 |
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Acquired non-credit impaired loans | Consumer loans |
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Loans and Allowance for Loan Losses |
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Schedule of credit risk profile by risk grade of loans |
The following table presents the credit risk profile by risk grade of consumer loans for acquired non-credit impaired loans: | | | | | | | | | | | | | | | | | | | | | | | | Consumer Owner Occupied | | Home Equity | | Consumer | | | | | December 31, | | December 31, | | December 31, | | (Dollars in thousands) | | | 2019 | | 2018 | | 2019 | | 2018 | | 2019 | | 2018 | | Pass | | | $ | 486,433 | | $ | 617,391 | | $ | 174,912 | | $ | 227,515 | | $ | 86,535 | | $ | 108,833 | | Special mention | | | | 6,434 | | | 7,868 | | | 5,679 | | | 7,688 | | | 654 | | | 698 | | Substandard | | | | 3,564 | | | 3,554 | | | 8,141 | | | 7,222 | | | 2,295 | | | 2,246 | | Doubtful | | | | — | | | — | | | — | | | — | | | — | | | — | | | | | $ | 496,431 | | $ | 628,813 | | $ | 188,732 | | $ | 242,425 | | $ | 89,484 | | $ | 111,777 | |
| | | | | | | | | Consumer Total | | | December 31, | | | 2019 | | 2018 | Pass | | $ | 747,880 | | $ | 953,739 | Special mention | | | 12,767 | | | 16,254 | Substandard | | | 14,000 | | | 13,022 | Doubtful | | | — | | | — | | | $ | 774,647 | | $ | 983,015 |
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