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Loans (Tables)
9 Months Ended
Sep. 30, 2021
Financing Receivable, Credit Quality Indicator - interest written off on nonaccrual loans [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):
September 30, 2021December 31, 2020
(dollars in thousands)
Commercial loans:
Commercial real estate$4,088,484 $4,062,313 
Commercial business3,436,351 3,597,968 
Agriculture815,985 779,627 
Construction326,569 268,663 
Consumer loans:
One-to-four family residential real estate823,877 683,570 
Other consumer30,119 35,519 
Total loans9,521,385 9,427,660 
Less: Allowance for credit losses(142,785)(149,140)
Total loans, net$9,378,600 $9,278,520 
Analysis of the Aged Loan Portfolio
The following is an aging of the recorded investment of the loan portfolio at the dates presented:
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
September 30, 2021(in thousands)
Commercial loans:
Commercial real estate$4,081,036 $3,803 $774 $— $4,577 $2,871 $4,088,484 
Commercial business3,421,381 1,334 1,531 — 2,865 12,105 3,436,351 
Agriculture808,279 — — — — 7,706 815,985 
Construction326,569 — — — — — 326,569 
Consumer loans:
One-to-four family residential real estate822,170 10 206 — 216 1,491 823,877 
Other consumer30,020 96 — — 96 30,119 
Total$9,489,455 $5,243 $2,511 $— $7,754 $24,176 $9,521,385 
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, 2020(in thousands)
Commercial loans:
Commercial real estate$4,037,309 $17,292 $— $— $17,292 $7,712 $4,062,313 
Commercial business3,578,905 1,282 4,559 — 5,841 13,222 3,597,968 
Agriculture767,102 911 — — 911 11,614 779,627 
Construction268,304 — 142 — 142 217 268,663 
Consumer loans:
One-to-four family residential real estate677,627 2,283 1,659 — 3,942 2,001 683,570 
Other consumer35,450 24 — 29 40 35,519 
Total$9,364,697 $21,792 $6,365 $— $28,157 $34,806 $9,427,660 
Interest written off on nonaccrual loans
The following table summarizes written-off interest on nonaccrual loans for the periods indicated:
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
(in thousands)
Commercial loans$83 $387 $507 $1,835 
Consumer loans16 25 19 
Total$99 $393 $532 $1,854 
Analysis of Nonaccrual Loans The following summarizes the amortized cost of nonaccrual loans for which there was no related ACL for the periods indicated:
September 30, 2021December 31, 2020
(in thousands)
Commercial loans:
Commercial real estate$942 $6,393 
Commercial business6,861 6,382 
Agriculture5,792 8,136 
Consumer loans:
One-to-four family residential real estate502 — 
Total$14,097 $20,911 
Analysis of loans classified as Troubled Debt Restructurings (“TDR”)
The following is an analysis of loans classified as TDR for the periods indicated:
Three Months Ended September 30, 2021Three Months Ended September 30, 2020
Number of TDR ModificationsPre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
Number of TDR ModificationsPre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
(dollars in thousands)
Commercial loans:
Commercial business— $— $— $795 $795 
Agriculture— — — 2,600 2,600 
Consumer loans:
One-to-four family residential real estate15 15 618 618 
Total$15 $15 $4,013 $4,013 

Nine Months Ended September 30, 2021Nine Months Ended September 30, 2020
Number of TDR ModificationsPre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
Number of TDR ModificationsPre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
(dollars in thousands)
Commercial loans:
Commercial real estate
$628 $628 — $— $— 
Commercial business
11 2,600 2,600 10 2,757 2,757 
Agriculture
— — — 3,495 3,495 
Consumer loans:
One-to-four family residential real estate
155 155 814 814 
Total15 $3,383 $3,383 18 $7,066 $7,066