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Allowance For Loan Losses (Tables)
 9 Months Ended
Sep. 30, 2018
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, 2018 and September 30, 2017 is summarized in the following tables.
 
 
Three Months Ended
September 30, 2018
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
14,478

 
$
9,406

 
$
4,652

 
$
9,245

 
$
11,671

 
$
—

 
$
49,452

Charge-offs
993

 
23

 
26

 
61

 
2,371

 
—

 
3,474

Recoveries
136

 
27

 
156

 
130

 
875

 
4

 
1,328

Net charge-offs/(recoveries)
857

 
(4
)
 
(130
)
 
(69
)
 
1,496

 
(4
)
 
2,146

Provision/(recovery)
1,394

 
337

 
(187
)
 
(212
)
 
1,612

 
(4
)
 
2,940

Ending balance
$
15,015

 
$
9,747

 
$
4,595

 
$
9,102

 
$
11,787

 
$
—

 
$
50,246

 
 
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


 
Nine Months Ended
September 30, 2018
(In thousands)
Commercial,
financial and
agricultural
 
Commercial
real estate
 
Construction
real estate
 
Residential
real estate
 
Consumer
 
Leases
 
Total
Allowance for loan losses:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
15,022

 
$
9,601

 
$
4,430

 
$
9,321

 
$
11,614

 
$
—

 
$
49,988

Charge-offs
1,929

 
252

 
57

 
279

 
7,123

 
—

 
9,640

Recoveries
994

 
203

 
435

 
734

 
2,942

 
4

 
5,312

Net charge-offs/(recoveries)
935

 
49

 
(378
)
 
(455
)
 
4,181

 
(4
)
 
4,328

Provision/(recovery)
928

 
195

 
(213
)
 
(674
)
 
4,354

 
(4
)
 
4,586

Ending balance
$
15,015

 
$
9,747

 
$
4,595

 
$
9,102

 
$
11,787

 
$
—

 
$
50,246

 
 
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
Composition Of The Allowance For Loan Losses
The composition of the allowance for loan losses at September 30, 2018 and December 31, 2017 was as follows:
 
 
September 30, 2018
(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
$
1,716

 
$
71

 
$
—

 
$
59

 
$
—

 
$
—

 
$
1,846

Collectively evaluated for impairment
13,299

 
9,676

 
4,595

 
9,043

 
11,787

 
—

 
48,400

Acquired with deteriorated credit quality
—

 
—

 
—

 
—

 
—

 
—

 
—

Total ending allowance balance
$
15,015

 
$
9,747

 
$
4,595

 
$
9,102

 
$
11,787

 
$
—

 
$
50,246

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
16,023

 
$
25,747

 
$
2,016

 
$
2,912

 
$
—

 
$
—

 
$
46,698

Loans collectively evaluated for impairment
1,015,072

 
1,273,337

 
217,681

 
1,778,027

 
1,287,382

 
2,632

 
5,574,131

Loans acquired with deteriorated credit quality
405

 
3,546

 
499

 
44

 
—

 
—

 
4,494

Total ending loan balance
$
1,031,500

 
$
1,302,630

 
$
220,196

 
$
1,780,983

 
$
1,287,382

 
$
2,632

 
$
5,625,323

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
10.71
%
 
0.28
%
 
—
%
 
2.03
%
 
—
%
 
—
%
 
3.95
%
Loans collectively evaluated for impairment
1.31
%
 
0.76
%
 
2.11
%
 
0.51
%
 
0.92
%
 
—
%
 
0.87
%
Loans acquired with deteriorated credit quality
—
%
 
—
%
 
—
%
 
—
%
 
—
%
 
—
%
 
—
%
Total
1.46
%
 
0.75
%
 
2.09
%
 
0.51
%
 
0.92
%
 
—
%
 
0.89
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
$
16,026

 
$
25,805

 
$
2,016

 
$
2,913

 
$
—

 
$
—

 
$
46,760

Loans collectively evaluated for impairment
1,020,675

 
1,278,448

 
218,321

 
1,781,908

 
1,291,155

 
2,672

 
5,593,179

Loans acquired with deteriorated credit quality
405

 
3,546

 
499

 
44

 
—

 
—

 
4,494

Total ending recorded investment
$
1,037,106

 
$
1,307,799

 
$
220,836

 
$
1,784,865

 
$
1,291,155

 
$
2,672

 
$
5,644,433

 
 
 
December 31, 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
 
$
681

 
$
2

 
$
—

 
$
1

 
$
—

 
$
—

 
$
684

Collectively evaluated for impairment
 
14,341

 
9,599

 
4,430

 
9,320

 
11,614

 
—

 
49,304

Total ending allowance balance
 
$
15,022

 
$
9,601

 
$
4,430

 
$
9,321

 
$
11,614

 
$
—

 
$
49,988

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
18,034

 
$
18,131

 
$
1,322

 
$
19,058

 
$
—

 
$
—

 
$
56,545

Loans collectively evaluated for impairment
 
1,035,419

 
1,149,476

 
180,148

 
1,706,166

 
1,241,736

 
2,993

 
5,315,938

Total ending loan balance
 
$
1,053,453

 
$
1,167,607

 
$
181,470

 
$
1,725,224

 
$
1,241,736

 
$
2,993

 
$
5,372,483

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses as a percentage of loan balance:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
3.78
%
 
0.01
%
 
—
%
 
0.01
%
 
—
%
 
—
%
 
1.21
%
Loans collectively evaluated for impairment
 
1.39
%
 
0.84
%
 
2.46
%
 
0.55
%
 
0.94
%
 
—
%
 
0.93
%
Total
 
1.43
%
 
0.82
%
 
2.44
%
 
0.54
%
 
0.94
%
 
—
%
 
0.93
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded investment:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Loans individually evaluated for impairment
 
$
18,039

 
$
18,142

 
$
1,324

 
$
19,059

 
$
—

 
$
—

 
$
56,564

Loans collectively evaluated for impairment
 
1,039,827

 
1,153,748

 
180,693

 
1,709,737

 
1,245,544

 
3,029

 
5,332,578

Total ending recorded investment
 
$
1,057,866

 
$
1,171,890

 
$
182,017

 
$
1,728,796

 
$
1,245,544

 
$
3,029

 
$
5,389,142