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Allowance For Loan Losses (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2015 and June 30, 2014 is summarized below.
 
 
Three Months Ended
June 30, 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
$
11,361

 
$
9,296

 
$
8,755

 
$
14,512

 
$
11,484

 
$
—

 
$
55,408

Charge-offs
499

 
153

 
37

 
735

 
1,603

 
—

 
3,027

Recoveries
281

 
1,128

 
679

 
423

 
922

 
1

 
3,434

Net charge-offs/(recoveries)
218

 
(975
)
 
(642
)
 
312

 
681

 
(1
)
 
(407
)
Provision/(recovery)
981

 
(804
)
 
(727
)
 
1,068

 
1,095

 
(1
)
 
1,612

Ending balance
$
12,124

 
$
9,467

 
$
8,670

 
$
15,268

 
$
11,898

 
$
—

 
$
57,427

 
 
Three Months Ended
June 30, 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
$
13,762

 
$
15,754

 
$
8,121

 
$
14,207

 
$
8,413

 
$
—

 
$
60,257

Charge-offs
214

 
5,274

 
21

 
680

 
1,506

 
—

 
7,695

Recoveries
347

 
2,177

 
3,023

 
356

 
705

 
1

 
6,609

Net charge-offs/(recoveries)
(133
)
 
3,097

 
(3,002
)
 
324

 
801

 
(1
)
 
1,086

Provision/(recovery)
301

 
(1,595
)
 
(3,302
)
 
636

 
2,701

 
(1
)
 
(1,260
)
Ending balance
$
14,196

 
$
11,062

 
$
7,821

 
$
14,519

 
$
10,313

 
$
—

 
$
57,911


 
Six Months Ended
June 30, 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
851

 
283

 
37

 
1,157

 
4,117

 
—

 
6,445

Recoveries
572

 
1,802

 
964

 
1,347

 
1,588

 
3

 
6,276

Net charge-offs/(recoveries)
279

 
(1,519
)
 
(927
)
 
(190
)
 
2,529

 
(3
)
 
169

Provision/(recovery)
1,684

 
(860
)
 
(909
)
 
306

 
3,026

 
(3
)
 
3,244

Ending balance
$
12,124

 
$
9,467

 
$
8,670

 
$
15,268

 
$
11,898

 
$
—

 
$
57,427


 
 
Six Months Ended
June 30, 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
853

 
6,068

 
24

 
1,276

 
3,301

 
—

 
11,522

Recoveries
594

 
3,913

 
5,974

 
1,593

 
1,374

 
2

 
13,450

Net charge-offs/(recoveries)
259

 
2,155

 
(5,950
)
 
(317
)
 
1,927

 
(2
)
 
(1,928
)
Provision/(recovery)
237

 
(2,682
)
 
(4,984
)
 
(49
)
 
3,995

 
(2
)
 
(3,485
)
Ending balance
$
14,196

 
$
11,062

 
$
7,821

 
$
14,519

 
$
10,313

 
$
—

 
$
57,911
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at June 30, 2015 and December 31, 2014 was as follows:
 
 
June 30, 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
$
2,570

 
$
688

 
$
2,358

 
$
981

 
$
—

 
$
—

 
$
6,597

Collectively evaluated for impairment
9,554

 
8,779

 
6,312

 
14,287

 
11,898

 
—

 
50,830

Total ending allowance balance
$
12,124

 
$
9,467

 
$
8,670

 
$
15,268

 
$
11,898

 
$
—

 
$
57,427

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
20,416

 
$
17,640

 
$
8,079

 
$
24,418

 
$
—

 
$
—

 
$
70,553

Loans collectively evaluated for impairment
828,392

 
1,069,467

 
137,892

 
1,840,303

 
951,263

 
3,104

 
4,830,421

Total ending loan balance
$
848,808

 
$
1,087,107

 
$
145,971

 
$
1,864,721

 
$
951,263

 
$
3,104

 
$
4,900,974

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
12.59
%
 
3.90
%
 
29.19
%
 
4.02
%
 
—
%
 
—
%
 
9.35
%
Loans collectively evaluated for impairment
1.15
%
 
0.82
%
 
4.58
%
 
0.78
%
 
1.25
%
 
—
%
 
1.05
%
Total
1.43
%
 
0.87
%
 
5.94
%
 
0.82
%
 
1.25
%
 
—
%
 
1.17
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
20,429

 
$
17,647

 
$
8,079

 
$
24,441

 
$
—

 
$
—

 
$
70,596

Loans collectively evaluated for impairment
831,421

 
1,073,093

 
138,221

 
1,843,980

 
954,239

 
3,133

 
4,844,087

Total ending recorded investment
$
851,850

 
$
1,090,740

 
$
146,300

 
$
1,868,421

 
$
954,239

 
$
3,133

 
$
4,914,683

 
 
 
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