Allowance For Loan Losses (Tables)

3 Months Ended

Mar. 31, 2019

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 periods ended March 31, 2019 and March 31, 2018 is summarized in the following tables.



	Three Months Ended March 31, 2019
(In thousands)	Commercial, financial and agricultural			Commercial real estate			Construction real estate			Residential real estate			Consumer		Leases		Total
Allowance for loan losses:
Beginning balance	$	16,777		$	9,768		$	4,463		$	8,731		$	11,773	$	—	$	51,512
Charge-offs	198			54			—			29			2,706		—		2,987
Recoveries	416			59			88			382			1,400		—		2,345
Net (recoveries)/charge-offs	(218		)	(5		)	(88		)	(353		)	1,306		—		642
Provision	342			420			13			86			1,637		—		2,498
Ending balance	$	17,337		$	10,193		$	4,564		$	9,170		$	12,104	$	—	$	53,368



	Three Months Ended March 31, 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	649			47			—			116			2,638		—		3,450
Recoveries	652			87			59			360			1,013		—		2,171
Net (recoveries)/charge-offs	(3		)	(40		)	(59		)	(244		)	1,625		—		1,279
(Recovery)/provision	(948		)	(153		)	(26		)	(150		)	1,537		—		260
Ending balance	$	14,077		$	9,488		$	4,463		$	9,415		$	11,526	$	—	$	48,969

Composition Of The Allowance For Loan Losses

The composition of the allowance for loan losses at March 31, 2019 and December 31, 2018 was as follows:



	March 31, 2019
(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	$	2,403		$	58		$	—		$	7		$	—		$	—		$	2,468
Collectively evaluated for impairment	14,934			10,135			4,564			9,163			12,104			—			50,900
Acquired with deteriorated credit quality	—			—			—			—			—			—			—
Total ending allowance balance	$	17,337		$	10,193		$	4,564		$	9,170		$	12,104		$	—		$	53,368

Loan balance:
Loans individually evaluated for impairment	$	14,843		$	31,113		$	2,880		$	2,045		$	—		$	—		$	50,881
Loans collectively evaluated for impairment	1,071,519			1,292,777			240,180			1,777,495			1,302,429			2,117			5,686,517
Loans acquired with deteriorated credit quality ⁽¹⁾	328			3,004			—			30			—			—			3,362
Total ending loan balance	$	1,086,690		$	1,326,894		$	243,060		$	1,779,570		$	1,302,429		$	2,117		$	5,740,760

Allowance for loan losses as a percentage of loan balance:
Loans individually evaluated for impairment	16.19		%	0.19		%	—		%	0.34		%	—		%	—		%	4.85		%
Loans collectively evaluated for impairment	1.39		%	0.78		%	1.90		%	0.52		%	0.93		%	—		%	0.90		%
Loans acquired with deteriorated credit quality	—		%	—		%	—		%	—		%	—		%	—		%	—		%
Total	1.60		%	0.77		%	1.88		%	0.52		%	0.93		%	—		%	0.93		%

Recorded investment:
Loans individually evaluated for impairment	$	14,844		$	31,138		$	2,879		$	2,046		$	—		$	—		$	50,907
Loans collectively evaluated for impairment	1,077,090			1,297,573			241,139			1,781,828			1,306,283			2,141			5,706,054
Loans acquired with deteriorated credit quality ⁽¹⁾	330			3,012			—			30			—			—			3,372
Total ending recorded investment	$	1,092,264		$	1,331,723		$	244,018		$	1,783,904		$	1,306,283		$	2,141		$	5,760,333

⁽¹⁾ Excludes loans acquired with deteriorated credit quality which are individually evaluated for impairment due to additional credit deterioration post acquisition. These loans had a balance of $924,000, a recorded investment of $925,000, and zero allowance as of March 31, 2019.



	December 31, 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	$	2,169		$	86		$	—		$	18		$	—		$	—		$	2,273
Collectively evaluated for impairment	14,608			9,682			4,463			8,713			11,773			—			49,239
Acquired with deteriorated credit quality	—			—			—			—			—			—			—
Total ending allowance balance	$	16,777		$	9,768		$	4,463		$	8,731		$	11,773		$	—		$	51,512

Loan balance:
Loans individually evaluated for impairment	$	15,119		$	28,418		$	1,866		$	2,732		$	—		$	—		$	48,135
Loans collectively evaluated for impairment	1,057,520			1,251,579			245,909			1,790,637			1,292,136			2,273			5,640,054
Loans acquired with deteriorated credit quality⁽¹⁾	147			3,048			499			249			—			—			3,943
Total ending loan balance	$	1,072,786		$	1,283,045		$	248,274		$	1,793,618		$	1,292,136		$	2,273		$	5,692,132

Allowance for loan losses as a percentage of loan balance:
Loans individually evaluated for impairment	14.35		%	0.30		%	—		%	0.66		%	—		%	—		%	4.72		%
Loans collectively evaluated for impairment	1.38		%	0.77		%	1.81		%	0.49		%	0.91		%	—		%	0.87		%
Loans acquired with deteriorated credit quality	—		%	—		%	—		%	—		%	—		%	—		%	—		%
Total	1.56		%	0.76		%	1.80		%	0.49		%	0.91		%	—		%	0.90		%

Recorded investment:
Loans individually evaluated for impairment	$	15,120		$	28,426		$	1,866		$	2,732		$	—		$	—		$	48,144
Loans collectively evaluated for impairment	1,062,121			1,256,310			246,864			1,794,207			1,295,892			2,299			5,657,693
Loans acquired with deteriorated credit quality ⁽¹⁾	148			3,059			503			251			—			—			3,961
Total ending recorded investment	$	1,077,389		$	1,287,795		$	249,233		$	1,797,190		$	1,295,892		$	2,299		$	5,709,798

⁽¹⁾ Excludes loans acquired with deteriorated credit quality which are individually evaluated for impairment due to additional credit deterioration post acquisition. These loans had a balance of $475,000, a recorded investment of $475,000, and zero allowance as of December 31, 2018.