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Allowance For Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2017
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-month and nine-month periods ended September 30, 2017 and September 30, 2016 is summarized in the following tables.
 
 
Three Months Ended
September 30, 2017
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
16,746

 
$
10,451

 
$
4,677

 
$
10,319

 
$
11,629

 
$
—

 
$
53,822

Charge-offs
626

 
628

 
78

 
217

 
2,828

 
—

 
4,377

Recoveries
115

 
13

 
303

 
1,061

 
1,011

 
1

 
2,504

Net charge-offs/(recoveries)
511

 
615

 
(225
)
 
(844
)
 
1,817

 
(1
)
 
1,873

Provision/(recovery)
1,742

 
336

 
499

 
(1,078
)
 
1,785

 
(1
)
 
3,283

Ending balance
$
17,977

 
$
10,172

 
$
5,401

 
$
10,085

 
$
11,597

 
$
—

 
$
55,232

 
 
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


 
Nine Months Ended
September 30, 2017
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
13,434

 
$
10,432

 
$
5,247

 
$
10,958

 
$
10,553

 
$
—

 
$
50,624

Charge-offs
1,283

 
1,050

 
105

 
987

 
7,706

 
—

 
11,131

Recoveries
647

 
368

 
686

 
1,688

 
3,609

 
1

 
6,999

Net charge-offs/(recoveries)
636

 
682

 
(581
)
 
(701
)
 
4,097

 
(1
)
 
4,132

Provision/(recovery)
5,179

 
422

 
(427
)
 
(1,574
)
 
5,141

 
(1
)
 
8,740

Ending balance
$
17,977

 
$
10,172

 
$
5,401

 
$
10,085

 
$
11,597

 
$
—

 
$
55,232

 
 
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
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at September 30, 2017 and December 31, 2016 was as follows:
 
 
September 30, 2017
(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
$
4,761

 
$
320

 
$
—

 
$
13

 
$
8

 
$
—

 
$
5,102

Collectively evaluated for impairment
13,216

 
9,852

 
5,401

 
10,072

 
11,589

 
—

 
50,130

Total ending allowance balance
$
17,977

 
$
10,172

 
$
5,401

 
$
10,085

 
$
11,597

 
$
—

 
$
55,232

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
29,844

 
$
22,943

 
$
1,458

 
$
19,297

 
$
8

 
$
—

 
$
73,550

Loans collectively evaluated for impairment
995,213

 
1,132,719

 
189,590

 
1,733,290

 
1,238,183

 
3,332

 
5,292,327

Total ending loan balance
$
1,025,057

 
$
1,155,662

 
$
191,048

 
$
1,752,587

 
$
1,238,191

 
$
3,332

 
$
5,365,877

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
15.95
%
 
1.39
%
 
—
%
 
0.07
%
 
—
%
 
—
%
 
6.94
%
Loans collectively evaluated for impairment
1.33
%
 
0.87
%
 
2.85
%
 
0.58
%
 
0.94
%
 
—
%
 
0.95
%
Total
1.75
%
 
0.88
%
 
2.83
%
 
0.58
%
 
0.94
%
 
—
%
 
1.03
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
29,848

 
$
22,995

 
$
1,460

 
$
19,298

 
$
8

 
$
—

 
$
73,609

Loans collectively evaluated for impairment
999,790

 
1,137,131

 
190,170

 
1,736,667

 
1,241,592

 
3,384

 
5,308,734

Total ending recorded investment
$
1,029,638

 
$
1,160,126

 
$
191,630

 
$
1,755,965

 
$
1,241,600

 
$
3,384

 
$
5,382,343

 
 
 
December 31, 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
 
$
152

 
$
309

 
$
—

 
$
87

 
$
—

 
$
—

 
$
548

Collectively evaluated for impairment
 
13,282

 
10,123

 
5,247

 
10,871

 
10,553

 
—

 
50,076

Total ending allowance balance
 
$
13,434

 
$
10,432

 
$
5,247

 
$
10,958

 
$
10,553

 
$
—

 
$
50,624

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
20,622

 
$
24,465

 
$
2,226

 
$
23,102

 
$
—

 
$
—

 
$
70,415

Loans collectively evaluated for impairment
 
973,997

 
1,131,238

 
186,719

 
1,785,395

 
1,120,850

 
3,243

 
5,201,442

Total ending loan balance
 
$
994,619

 
$
1,155,703

 
$
188,945

 
$
1,808,497

 
$
1,120,850

 
$
3,243

 
$
5,271,857

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
0.74
%
 
1.26
%
 
—
%
 
0.38
%
 
—
%
 
—
%
 
0.78
%
Loans collectively evaluated for impairment
 
1.36
%
 
0.89
%
 
2.81
%
 
0.61
%
 
0.94
%
 
—
%
 
0.96
%
Total
 
1.35
%
 
0.90
%
 
2.78
%
 
0.61
%
 
0.94
%
 
—
%
 
0.96
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
20,624

 
$
24,474

 
$
2,226

 
$
23,102

 
$
—

 
$
—

 
$
70,426

Loans collectively evaluated for impairment
 
977,553

 
1,135,390

 
187,240

 
1,788,714

 
1,124,235

 
3,272

 
5,216,404

Total ending recorded investment
 
$
998,177

 
$
1,159,864

 
$
189,466

 
$
1,811,816

 
$
1,124,235

 
$
3,272

 
$
5,286,830