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Allowance For Loan Losses (Tables)
 3 Months Ended
Mar. 31, 2015
Loans and Leases Receivable, Allowance [Abstract]  
Activity In The Allowance For Loan Losses
he activity in the allowance for loan losses for the three months ended March 31, 2015 and March 31, 2014 is summarized below.
 
 
Three Months Ended
March 31, 2015
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
10,719

 
$
8,808

 
$
8,652

 
$
14,772

 
$
11,401

 
$
—

 
$
54,352

Charge-offs
352

 
130

 
—

 
422

 
2,514

 
—

 
3,418

Recoveries
291

 
674

 
285

 
924

 
666

 
2

 
2,842

Net charge-offs/(recoveries)
61

 
(544
)
 
(285
)
 
(502
)
 
1,848

 
(2
)
 
576

Provision/(recovery)
703

 
(56
)
 
(182
)
 
(762
)
 
1,931

 
(2
)
 
1,632

Ending balance
$
11,361

 
$
9,296

 
$
8,755

 
$
14,512

 
$
11,484

 
$
—

 
$
55,408

 
 
Three Months Ended
March 31, 2014
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
14,218

 
$
15,899

 
$
6,855

 
$
14,251

 
$
8,245

 
$
—

 
$
59,468

Charge-offs
639

 
794

 
8

 
591

 
1,795

 
—

 
3,827

Recoveries
247

 
1,558

 
794

 
1,227

 
3,014

 
1

 
6,841

Net charge-offs/(recoveries)
392

 
(764
)
 
(786
)
 
(636
)
 
(1,219
)
 
(1
)
 
(3,014
)
Provision/(recovery)
(64
)
 
(909
)
 
480

 
(680
)
 
(1,051
)
 
(1
)
 
(2,225
)
Ending balance
$
13,762

 
$
15,754

 
$
8,121

 
$
14,207

 
$
8,413

 
$
—

 
$
60,257
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at March 31, 2015 and December 31, 2014 was as follows:
 
 
March 31, 2015
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending allowance balance attributed to loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
1,839

 
$
645

 
$
2,157

 
$
423

 
$
—

 
$
—

 
$
5,064

Collectively evaluated for impairment
9,522

 
8,651

 
6,598

 
14,089

 
11,484

 
—

 
50,344

Total ending allowance balance
$
11,361

 
$
9,296

 
$
8,755

 
$
14,512

 
$
11,484

 
$
—

 
$
55,408

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
20,570

 
$
16,892

 
$
7,802

 
$
25,197

 
$
—

 
$
—

 
$
70,461

Loans collectively evaluated for impairment
823,763

 
1,054,373

 
141,973

 
1,824,208

 
912,854

 
3,198

 
4,760,369

Total ending loan balance
$
844,333

 
$
1,071,265

 
$
149,775

 
$
1,849,405

 
$
912,854

 
$
3,198

 
$
4,830,830

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
8.94
%
 
3.82
%
 
27.65
%
 
1.68
%
 
—
%
 
—
%
 
7.19
%
Loans collectively evaluated for impairment
1.16
%
 
0.82
%
 
4.65
%
 
0.77
%
 
1.26
%
 
—
%
 
1.06
%
Total
1.35
%
 
0.87
%
 
5.85
%
 
0.78
%
 
1.26
%
 
—
%
 
1.15
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
20,571

 
$
16,900

 
$
7,802

 
$
25,219

 
$
—

 
$
—

 
$
70,492

Loans collectively evaluated for impairment
827,027

 
1,057,894

 
142,374

 
1,827,796

 
915,671

 
3,242

 
4,774,004

Total ending recorded investment
$
847,598

 
$
1,074,794

 
$
150,176

 
$
1,853,015

 
$
915,671

 
$
3,242

 
$
4,844,496

 
 
 
December 31, 2014
(In thousands)
 
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ending allowance balance attributed to loans:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
 
$
981

 
$
262

 
$
1,812

 
$
605

 
$
—

 
$
—

 
$
3,660

Collectively evaluated for impairment
 
9,738

 
8,546

 
6,840

 
14,167

 
11,401

 
—

 
50,692

Total ending allowance balance
 
$
10,719

 
$
8,808

 
$
8,652

 
$
14,772

 
$
11,401

 
$
—

 
$
54,352

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
19,103

 
$
21,978

 
$
7,690

 
$
24,905

 
$
—

 
$
—

 
$
73,676

Loans collectively evaluated for impairment
 
837,432

 
1,047,659

 
148,114

 
1,826,470

 
893,160

 
3,171

 
4,756,006

Total ending loan balance
 
$
856,535

 
$
1,069,637

 
$
155,804

 
$
1,851,375

 
$
893,160

 
$
3,171

 
$
4,829,682

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
5.14
%
 
1.19
%
 
23.56
%
 
2.43
%
 
—
%
 
—
%
 
4.97
%
Loans collectively evaluated for impairment
 
1.16
%
 
0.82
%
 
4.62
%
 
0.78
%
 
1.28
%
 
—
%
 
1.07
%
Total
 
1.25
%
 
0.82
%
 
5.55
%
 
0.80
%
 
1.28
%
 
—
%
 
1.13
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
19,106

 
$
21,989

 
$
7,687

 
$
24,930

 
$
—

 
$
—

 
$
73,712

Loans collectively evaluated for impairment
 
840,647

 
1,051,194

 
148,512

 
1,829,931

 
896,127

 
3,188

 
4,769,599

Total ending recorded investment
 
$
859,753

 
$
1,073,183

 
$
156,199

 
$
1,854,861

 
$
896,127

 
$
3,188

 
$
4,843,311