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Allowance For Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2016
Allowance for Loan and Lease Losses Write-offs, Net [Abstract]  
Activity In The Allowance For Loan Losses
The activity in the allowance for loan losses for the three and nine months ended September 30, 2016 and September 30, 2015 is summarized below.
 
 
Three Months Ended
September 30, 2016
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
16,478

 
$
9,203

 
$
8,256

 
$
13,180

 
$
11,581

 
$
1

 
$
58,699

Charge-offs
457

 
4

 
1,300

 
293

 
2,086

 
—

 
4,140

Recoveries
246

 
973

 
3,659

 
348

 
1,142

 
1

 
6,369

Net charge-offs/(recoveries)
211

 
(969
)
 
(2,359
)
 
(55
)
 
944

 
(1
)
 
(2,229
)
Provision/(recovery)
3

 
401

 
(5,257
)
 
(1,907
)
 
(604
)
 
(2
)
 
(7,366
)
Ending balance
$
16,270

 
$
10,573

 
$
5,358

 
$
11,328

 
$
10,033

 
$
—

 
$
53,562

 
 
Three Months Ended
September 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
$
12,124

 
$
9,467

 
$
8,670

 
$
15,268

 
$
11,898

 
$
—

 
$
57,427

Charge-offs
829

 
46

 
4

 
575

 
2,262

 
—

 
3,716

Recoveries
415

 
386

 
274

 
461

 
832

 
—

 
2,368

Net charge-offs/(recoveries)
414

 
(340
)
 
(270
)
 
114

 
1,430

 
—

 
1,348

Provision/(recovery)
1,549

 
(352
)
 
50

 
(132
)
 
1,289

 
—

 
2,404

Ending balance
$
13,259

 
$
9,455

 
$
8,990

 
$
15,022

 
$
11,757

 
$
—

 
$
58,483


 
Nine Months Ended
September 30, 2016
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
13,694

 
$
9,197

 
$
8,564

 
$
13,514

 
$
11,524

 
$
1

 
$
56,494

Charge-offs
1,601

 
82

 
1,318

 
1,776

 
7,183

 
—

 
11,960

Recoveries
889

 
3,005

 
4,708

 
1,226

 
3,017

 
2

 
12,847

Net charge-offs/(recoveries)
712

 
(2,923
)
 
(3,390
)
 
550

 
4,166

 
(2
)
 
(887
)
Provision/(recovery)
3,288

 
(1,547
)
 
(6,596
)
 
(1,636
)
 
2,675

 
(3
)
 
(3,819
)
Ending balance
$
16,270

 
$
10,573

 
$
5,358

 
$
11,328

 
$
10,033

 
$
—

 
$
53,562

 
 
Nine Months Ended
September 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
1,680

 
329

 
41

 
1,732

 
6,379

 
—

 
10,161

Recoveries
987

 
2,188

 
1,238

 
1,808

 
2,420

 
3

 
8,644

Net charge-offs/(recoveries)
693

 
(1,859
)
 
(1,197
)
 
(76
)
 
3,959

 
(3
)
 
1,517

Provision/(recovery)
3,233

 
(1,212
)
 
(859
)
 
174

 
4,315

 
(3
)
 
5,648

Ending balance
$
13,259

 
$
9,455

 
$
8,990

 
$
15,022

 
$
11,757

 
$
—

 
$
58,483
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at September 30, 2016 and December 31, 2015 was as follows:
 
 
September 30, 2016
(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
$
3,191

 
$
525

 
$
61

 
$
455

 
$
—

 
$
—

 
$
4,232

Collectively evaluated for impairment
13,079

 
10,048

 
5,297

 
10,873

 
10,033

 
—

 
49,330

Total ending allowance balance
$
16,270

 
$
10,573

 
$
5,358

 
$
11,328

 
$
10,033

 
$
—

 
$
53,562

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
23,852

 
$
26,057

 
$
4,377

 
$
23,700

 
$
—

 
$
—

 
$
77,986

Loans collectively evaluated for impairment
934,177

 
1,114,945

 
181,599

 
1,806,352

 
1,068,343

 
3,602

 
5,109,018

Total ending loan balance
$
958,029

 
$
1,141,002

 
$
185,976

 
$
1,830,052

 
$
1,068,343

 
$
3,602

 
$
5,187,004

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
13.38
%
 
2.01
%
 
1.39
%
 
1.92
%
 
—
%
 
—
%
 
5.43
%
Loans collectively evaluated for impairment
1.40
%
 
0.90
%
 
2.92
%
 
0.60
%
 
0.94
%
 
—
%
 
0.97
%
Total
1.70
%
 
0.93
%
 
2.88
%
 
0.62
%
 
0.94
%
 
—
%
 
1.03
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
23,856

 
$
26,065

 
$
4,377

 
$
23,700

 
$
—

 
$
—

 
$
77,998

Loans collectively evaluated for impairment
937,959

 
1,119,205

 
182,020

 
1,809,513

 
1,071,227

 
3,657

 
5,123,581

Total ending recorded investment
$
961,815

 
$
1,145,270

 
$
186,397

 
$
1,833,213

 
$
1,071,227

 
$
3,657

 
$
5,201,579

 
 
 
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