Loans (Tables)

3 Months Ended

Mar. 31, 2020

Financing Receivable, Credit Quality Indicator [Line Items]

Analysis of Loan Portfolio by Major Types of Loans

The Company’s loan portfolio includes originated and purchased loans. The following is an analysis of the loan portfolio by segment and class (net of unearned income):

	March 31, 2020			December 31, 2019
	(dollars in thousands)
Commercial loans:
Commercial real estate	$	3,969,974		$	3,945,853
Commercial business	3,169,668			2,989,613
Agriculture	754,491			765,371
Construction	308,186			361,533
Consumer loans:
One-to-four family residential real estate	690,506			637,325
Other consumer	40,496			43,770
Total loans	8,933,321			8,743,465
Less: Allowance for credit losses	(122,074		)	(83,968		)
Total loans, net	$	8,811,247		$	8,659,497
Loans held for sale	$	9,701		$	17,718

Analysis of the Aged Loan Portfolio

The following is an aging of the recorded investment of the loan portfolio as of March 31, 2020 and December 31, 2019:

	Current Loans		30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Nonaccrual Loans		Total Loans
March 31, 2020	(in thousands)
Commercial loans:
Commercial real estate	$	3,957,092	$	5,899	$	1,465	$	—	$	7,364	$	5,518	$	3,969,974
Commercial business	3,140,629		3,055		1,589		—		4,644		24,395		3,169,668
Agriculture	735,186		2,462		1,760		—		4,222		15,083		754,491
Construction	305,948		2,238		—		—		2,238		—		308,186
Consumer loans:
One-to-four family residential real estate	684,248		3,071		544		—		3,615		2,643		690,506
Other consumer	40,401		38		49		—		87		8		40,496
Total	$	8,863,504	$	16,763	$	5,407	$	—	$	22,170	$	47,647	$	8,933,321
	Current Loans		30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Nonaccrual Loans		Total Loans
December 31, 2019	(in thousands)
Commercial loans:
Commercial real estate	$	3,935,633	$	6,421	$	—	—		$	6,421	$	3,799	$	3,945,853
Commercial business	2,959,826		6,081		2,769		—		8,850		20,937		2,989,613
Agriculture	755,719		2,283		2,346		—		4,629		5,023		765,371
Construction	360,582		951		—		—		951		—		361,533
Consumer loans:
One-to-four family residential real estate	631,109		2,516		408		—		2,924		3,292		637,325
Other consumer	43,654		80		27		—		107		9		43,770
Total	$	8,686,523	$	18,332	$	5,550	$	—	$	23,882	$	33,060	$	8,743,465

Analysis of Nonaccrual Loans

The following summarizes the amortized cost of nonaccrual loans for which there was no related ACL as of March 31, 2020 and December 31, 2019:

	March 31, 2020		December 31, 2019
	(in thousands)
Commercial loans:
Commercial real estate	$	3,887	$	1,715
Commercial business	16,029		15,762
Agriculture	8,853		1,798
Total	$	28,769	$	19,275

Analysis of loans classified as Troubled Debt Restructurings (“TDR”)

The following is an analysis of loans classified as TDR during the three months ended March 31, 2020 and 2019:

	Three Months Ended March 31, 2020					Three Months Ended March 31, 2019
	Number of TDR Modifications	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment		Number of TDR Modifications	Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
	(dollars in thousands)
Commercial loans:
Commercial business	2	$	272	$	272	2	$	616	$	616
Agriculture	1	895		895		—	—		—
Consumer loans:
One-to-four family residential real estate	1	68		68		1	217		217
Total	4	$	1,235	$	1,235	3	$	833	$	833