XML 64 R43.htm IDEA: XBRL DOCUMENT v3.3.1.900
Allowance for Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2015
Allowance For Loan Losses [Abstract]  
Schedule of the activity in the allowance for loan losses
The activity in the allowance for loan losses for the years ended December 31, 2015, 2014, and 2013 is summarized in the following tables.

 
 
Year ended December 31, 2015
(In thousands)
 
Commercial, financial and agricultural
 
Commercial real estate
 
Construction real estate
 
Residential real estate
 
Consumer
 
Leases
 
Total
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
10,719

 
$
8,808

 
$
8,652

 
$
14,772

 
$
11,401

 
$
—

 
$
54,352

     Charge-offs
 
2,478

 
348

 
470

 
2,352

 
8,642

 
—

 
14,290

  Recoveries
 
(1,373
)
 
(2,241
)
 
(2,092
)
 
(2,438
)
 
(3,295
)
 
(3
)
 
(11,442
)
Net charge-offs (recoveries)
 
1,105

 
(1,893
)
 
(1,622
)
 
(86
)
 
5,347

 
(3
)
 
2,848

Provision (Recovery)
 
$
4,080

 
$
(1,504
)
 
$
(1,710
)
 
$
(1,344
)
 
$
5,470

 
$
(2
)
 
$
4,990

         Ending balance
 
$
13,694

 
$
9,197

 
$
8,564

 
$
13,514

 
$
11,524

 
1

 
$
56,494

 
 
 
Year ended December 31, 2014
(In thousands)
 
Commercial, financial and agricultural
 
Commercial real estate
 
Construction real estate
 
Residential real estate
 
Consumer
 
Leases
 
Total
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
14,218

 
$
15,899

 
$
6,855

 
$
14,251

 
$
8,245

 
$
—

 
$
59,468

     Charge-offs
 
3,779

 
8,003

 
1,316

 
3,944

 
7,738

 
—

 
24,780

  Recoveries
 
(1,003
)
 
(7,759
)
 
(12,572
)
 
(2,985
)
 
(2,671
)
 
(7
)
 
(26,997
)
Net charge-offs (recoveries)
 
2,776

 
244

 
(11,256
)
 
959

 
5,067

 
(7
)
 
(2,217
)
(Recovery) Provision
 
(723
)
 
(6,847
)
 
(9,459
)
 
1,480

 
8,223

 
(7
)
 
(7,333
)
        Ending balance
 
$
10,719

 
$
8,808

 
$
8,652

 
$
14,772

 
$
11,401

 
—

 
$
54,352



 
 
Year ended December 31, 2013
(In thousands)
 
Commercial, financial and agricultural
 
Commercial real estate
 
Construction real estate
 
Residential real estate
 
Consumer
 
Leases
 
Total
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
15,635

 
$
11,736

 
$
6,841

 
$
14,759

 
$
6,566

 
$
—

 
$
55,537

Charge-offs
 
6,160

 
1,832

 
1,791

 
3,207

 
6,163

 
—

 
19,153

Recoveries
 
(1,314
)
 
(726
)
 
(9,378
)
 
(6,000
)
 
(2,249
)
 
(2
)
 
(19,669
)
Net charge-offs (recoveries)
 
4,846

 
1,106

 
(7,587
)
 
(2,793
)
 
3,914

 
(2
)
 
(516
)
Provision (Recovery)
 
3,429

 
5,269

 
(7,573
)
 
(3,301
)
 
5,593

 
(2
)
 
3,415

Ending balance
 
$
14,218

 
$
15,899

 
$
6,855

 
$
14,251

 
$
8,245

 
—

 
$
59,468
Schedule of the composition of the allowance for loan losses
The composition of the allowance for loan losses at December 31, 2015 and 2014 was as follows: 

 
 
December 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
 
$
1,904

 
$
381

 
$
1,356

 
$
550

 
$
—

 
$
—

 
$
4,191

      Collectively evaluated for impairment
 
11,790

 
8,816

 
7,208

 
12,964

 
11,524

 
1

 
52,303

    Total ending allowance balance
 
$
13,694

 
$
9,197

 
$
8,564

 
$
13,514

 
$
11,524

 
$
1

 
$
56,494

Loan Balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    Loans individually evaluated for impairment
 
$
30,545

 
$
18,015

 
$
6,716

 
$
25,323

 
$
—

 
$
—

 
$
80,599

    Loans collectively evaluated for impairment
 
925,182

 
1,095,588

 
166,629

 
1,830,120

 
967,111

 
2,856

 
4,987,486

Total ending loan balance
 
$
955,727

 
$
1,113,603

 
$
173,345

 
$
1,855,443

 
$
967,111

 
$
2,856

 
$
5,068,085

Allowance for loan losses as a percentage of loan balance:
 
 
 
 
 
 
 
 
    Loans individually evaluated for impairment
 
6.23
%
 
2.11
%
 
20.19
%
 
2.17
%
 
—
%
 
—
%
 
5.20
%
    Loans collectively evaluated for impairment
 
1.27
%
 
0.80
%
 
4.33
%
 
0.71
%
 
1.19
%
 
0.04
%
 
1.05
%
Total
 
1.43
%
 
0.83
%
 
4.94
%
 
0.73
%
 
1.19
%
 
0.04
%
 
1.11
%
Recorded Investment:
 
 
 
 
 
 
 
 
 
 
 
 
    Loans individually evaluated for impairment
 
$
30,595

 
$
18,025

 
$
6,720

 
$
25,324

 
$
—

 
$
—

 
$
80,664

    Loans collectively evaluated for impairment
 
928,569

 
1,099,587

 
167,042

 
1,833,449

 
970,143

 
2,870

 
5,001,660

Total ending recorded investment
 
$
959,164

 
$
1,117,612

 
$
173,762

 
$
1,858,773

 
$
970,143

 
$
2,870

 
$
5,082,324

 
 
 
 
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