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Loans (Tables)
 6 Months Ended
Jun. 30, 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):
 
 
June 30, 2020
 
December 31, 2019
 
 
(dollars in thousands)
Commercial loans:
 
 
 
 
 
 
 
 
 
Commercial real estate
 
$
4,032,643

 
$
3,945,853

Commercial business
 
3,859,513

 
2,989,613

Agriculture
 
845,950

 
765,371

Construction
 
304,015

 
361,533

Consumer loans:
 
 
 
 
One-to-four family residential real estate
 
692,837

 
637,325

Other consumer
 
36,940

 
43,770

Total loans
 
9,771,898

 
8,743,465

Less: Allowance for credit losses
 
(151,546
)
 
(83,968
)
Total loans, net
 
$
9,620,352

 
$
8,659,497

Loans held for sale
 
$
28,803

 
$
17,718
Analysis of the Aged Loan Portfolio
The following is an aging of the recorded investment of the loan portfolio as of June 30, 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
June 30, 2020
 
(in thousands)
Commercial loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
 
$
4,011,604

 
$
7,402

 
$
2,482

 
$
—

 
$
9,884

 
$
11,155

 
$
4,032,643

Commercial business
 
3,833,606

 
4,756

 
626

 
—

 
5,382

 
20,525

 
3,859,513

Agriculture
 
823,226

 
1,197

 
2,365

 
—

 
3,562

 
19,162

 
845,950

Construction
 
303,798

 
—

 
—

 
—

 
—

 
217

 
304,015

Consumer loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential real estate
 
684,729

 
5,015

 
431

 
—

 
5,446

 
2,662

 
692,837

Other consumer
 
36,844

 
63

 
22

 
—

 
85

 
11

 
36,940

Total
 
$
9,693,807

 
$
18,433

 
$
5,926

 
$
—

 
$
24,359

 
$
53,732

 
$
9,771,898

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
Interest written off on nonaccrual loans
The following table summarizes written off interest on nonaccrual loans for the three and six months ended June 30, 2020 and 2019:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
 
 
(in thousands)
Commercial loans
 
$
665

 
$
623

 
$
1,448

 
$
1,168

Consumer loans
 
8

 
39

 
13

 
120

Total
 
$
673

 
$
662

 
$
1,461

 
$
1,288
Analysis of Nonaccrual Loans
The following summarizes the amortized cost of nonaccrual loans for which there was no related ACL as of June 30, 2020 and December 31, 2019:
 
 
June 30, 2020
 
December 31, 2019
 
 
(in thousands)
Commercial loans:
 
 
 
 
Commercial real estate
 
$
9,609

 
$
1,715

Commercial business
 
5,932

 
15,762

Agriculture
 
14,387

 
1,798

Total
 
$
29,928

 
$
19,275
Analysis of loans classified as Troubled Debt Restructurings (“TDR”)
The following is an analysis of loans classified as TDR during the three and six months ended June 30, 2020 and 2019:
 
 
Three Months Ended June 30, 2020
 
Three Months Ended June 30, 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
 
4

 
$
1,690

 
$
1,690

 
3

 
$
918

 
$
918

Consumer loans:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential real estate
 
1

 
128

 
128

 
4

 
118

 
118

Total
 
5

 
$
1,818

 
$
1,818

 
7

 
$
1,036

 
$
1,036


 
 
Six Months Ended June 30, 2020
 
Six Months Ended June 30, 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
 
6

 
$
1,962

 
$
1,962

 
5

 
$
1,534

 
$
1,534

Agriculture
 
1

 
895

 
895

 
—

 
—

 
—

Consumer loans:
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential real estate
 
2

 
196

 
196

 
5

 
335

 
335

Total
 
9

 
$
3,053

 
$
3,053

 
10

 
$
1,869

 
$
1,869