XML 52 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1
Loans And Allowance For Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2016
Loans And Allowance For Loan Losses [Abstract]  
Southwest's Loan Classifications



 

 

 

 

 



 

 

 

 

 

(Dollars in thousands)

At December 31, 2016

 

At December 31, 2015

Real estate mortgage:

 

 

 

 

 

Commercial

$

 882,071 

 

$

 938,462 

One-to-four family residential

 

 199,123 

 

 

 161,958 

Real estate construction:

 

 

 

 

 

Commercial

 

 199,113 

 

 

 129,070 

One-to-four family residential

 

 20,946 

 

 

 21,337 

Commercial

 

 556,248 

 

 

 507,173 

Installment and consumer

 

 19,631 

 

 

 21,429 

Total loans, including held for sale

 

 1,877,132 

 

 

 1,779,429 

Less allowance for loan losses

 

 (27,546)

 

 

 (26,106)

Total loans, net

$

 1,849,586 

 

$

 1,753,323 



Recorded Investment In Loans On Nonaccrual Status



 

 

 

 

 



 

 

 

 

 



At December 31,

(Dollars in thousands)

2016

 

2015

Real estate mortgage:

 

 

 

 

 

Commercial

$

 6,471 

 

$

 3,543 

One-to-four family residential

 

 2,766 

 

 

 1,729 

Real estate construction:

 

 

 

 

 

Commercial

 

 522 

 

 

 562 

One-to-four family residential

 

 448 

 

 

 448 

Commercial

 

 5,949 

 

 

 13,491 

Other consumer

 

 111 

 

 

 85 

Total nonaccrual loans

$

 16,267 

 

$

 19,858 



Age Analysis Of Past Due Loans



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

90 days and

 

 

 

 

 

 

 

 

 

 

Recorded loans



30-89 days

 

greater

 

Total past

 

 

 

 

Total

 

> 90 days and

(Dollars in thousands)

past due

 

past due

 

due

 

Current

 

loans

 

accruing

At December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

$

 24 

 

$

 6,472 

 

$

 6,496 

 

$

 875,575 

 

$

 882,071 

 

$

 -

One-to-four family residential

 

 631 

 

 

 2,903 

 

 

 3,534 

 

 

 195,589 

 

 

 199,123 

 

 

 138 

Real estate construction:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 -

 

 

 522 

 

 

 522 

 

 

 198,591 

 

 

 199,113 

 

 

 -

One-to-four family residential

 

 -

 

 

 448 

 

 

 448 

 

 

 20,498 

 

 

 20,946 

 

 

 -

Commercial

 

 2,530 

 

 

 6,142 

 

 

 8,672 

 

 

 547,576 

 

 

 556,248 

 

 

 193 

Other

 

 359 

 

 

 123 

 

 

 482 

 

 

 19,149 

 

 

 19,631 

 

 

 12 

Total

$

 3,544 

 

$

 16,610 

 

$

 20,154 

 

$

 1,856,978 

 

$

 1,877,132 

 

$

 343 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

$

 272 

 

$

 3,992 

 

$

 4,264 

 

$

 934,198 

 

$

 938,462 

 

$

 449 

One-to-four family residential

 

 549 

 

 

 1,777 

 

 

 2,326 

 

 

 159,632 

 

 

 161,958 

 

 

 48 

Real estate construction:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 -

 

 

 493 

 

 

 493 

 

 

 128,577 

 

 

 129,070 

 

 

 -

One-to-four family residential

 

 -

 

 

 517 

 

 

 517 

 

 

 20,820 

 

 

 21,337 

 

 

 -

Commercial

 

 278 

 

 

 13,491 

 

 

 13,769 

 

 

 493,404 

 

 

 507,173 

 

 

 -

Other

 

 65 

 

 

 88 

 

 

 153 

 

 

 21,276 

 

 

 21,429 

 

 

 3 

Total

$

 1,164 

 

$

 20,358 

 

$

 21,522 

 

$

 1,757,907 

 

$

 1,779,429 

 

$

 500 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Impaired Loans



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 



With No Specific Allowance

 

With A Specific Allowance



 

 

 

Unpaid

 

 

 

 

Unpaid

 

 

 



Recorded

 

Principal

 

Recorded

 

Principal

 

Related

(Dollars in thousands)

Investment

 

Balance

 

Investment

 

Balance

 

Allowance

At December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial real estate

$

 1,536 

 

$

 3,057 

 

$

 6,053 

 

$

 6,529 

 

$

 2,219 

One-to-four family residential

 

 1,188 

 

 

 1,535 

 

 

 1,593 

 

 

 1,698 

 

 

 63 

Real estate construction

 

 762 

 

 

 926 

 

 

 207 

 

 

 245 

 

 

 40 

Commercial

 

 1,032 

 

 

 2,861 

 

 

 4,963 

 

 

 7,480 

 

 

 1,346 

Other

 

 111 

 

 

 115 

 

 

 -

 

 

 -

 

 

 -

Total

$

 4,629 

 

$

 8,494 

 

$

 12,816 

 

$

 15,952 

 

$

 3,668 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial real estate

$

 12,166 

 

$

 15,747 

 

$

 10,940 

 

$

 10,940 

 

$

 1,575 

One-to-four family residential

 

 1,688 

 

 

 2,195 

 

 

 185 

 

 

 186 

 

 

 11 

Real estate construction

 

 1,078 

 

 

 1,327 

 

 

 -

 

 

 -

 

 

 -

Commercial

 

 4,095 

 

 

 5,430 

 

 

 9,844 

 

 

 15,968 

 

 

 2,526 

Other

 

 85 

 

 

 94 

 

 

 -

 

 

 -

 

 

 -

Total

$

 19,112 

 

$

 24,793 

 

$

 20,969 

 

$

 27,094 

 

$

 4,112 



 

 

 

 

 

 

 

 

 

 

 

 

 

 



Average Recorded Investment And Interest Income Recognized On Impaired Loans



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



As of and for the year ended December 31,

 



2016

 

2015

 

2014

 



Average

 

 

 

 

Average

 

 

 

 

Average

 

 

 

 



Recorded

 

Interest

 

Recorded

 

Interest

 

Recorded

 

Interest

 

(Dollars in thousands)

Investment

 

Income

 

Investment

 

Income

 

Investment

 

Income

 

Commercial real estate

$

 7,394 

 

$

 750 

 

$

 25,044 

 

$

 970 

 

$

 30,257 

 

$

 968 

 

One-to-four family residential

 

 3,448 

 

 

 15 

 

 

 2,323 

 

 

 1 

 

 

 2,764 

 

 

 1 

 

Real estate construction

 

 1,050 

 

 

 14 

 

 

 997 

 

 

 -

 

 

 222 

 

 

 -

 

Commercial

 

 6,905 

 

 

 96 

 

 

 8,527 

 

 

 215 

 

 

 7,718 

 

 

 68 

 

Other

 

 52 

 

 

 3 

 

 

 51 

 

 

 -

 

 

 16 

 

 

 -

 

Total

$

 18,848 

 

$

 878 

 

$

 36,942 

 

$

 1,186 

 

$

 40,977 

 

$

 1,037 

 



Troubled Debt Restructured Loans Outstanding



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



At December 31, 2016

 

At December 31, 2015

(Dollars in thousands)

Accruing

 

Nonaccrual

 

Accruing

 

Nonaccrual

Commercial real estate

$

 1,118 

 

$

 475 

 

$

 19,563 

 

$

 448 

One-to-four family residential

 

 15 

 

 

 46 

 

 

 13 

 

 

 48 

Commercial

 

 45 

 

 

 3,323 

 

 

 659 

 

 

 5,796 

Total

$

 1,178 

 

$

 3,844 

 

$

 20,235 

 

$

 6,292 



Loans Modified As Troubled Debt Restructurings



 

 

 

 

 

 

 

 

 

 

 



For the year ended December 31,



2016

 

2015



Number of

 

Recorded

 

Number of

 

Recorded

(Dollars in thousands)

Modifications

 

Investment

 

Modifications

 

Investment

Commercial real estate

 

 1 

 

$

 164 

 

 

 -

 

$

 -

Commercial

 

 1 

 

 

 24 

 

 

 1 

 

 

 5,511 

Total

 

 2 

 

$

 188 

 

 

 1 

 

$

 5,511 



Classification Of Risk Category Of Loans, By Classes



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Commercial

 

1-4 Family

 

Real Estate

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

Real Estate

 

Residential

 

Construction

 

Commercial

 

Other

 

Total

At December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

 857,290 

 

$

 192,395 

 

$

 210,780 

 

$

 498,039 

 

$

 19,518 

 

$

 1,778,022 

Special Mention

 

 4,479 

 

 

 1,983 

 

 

 7,720 

 

 

 24,639 

 

 

 -

 

 

 38,821 

Substandard

 

 20,302 

 

 

 4,745 

 

 

 1,559 

 

 

 33,175 

 

 

 113 

 

 

 59,894 

Doubtful

 

 -

 

 

 -

 

 

 -

 

 

 395 

 

 

 -

 

 

 395 

Total

$

 882,071 

 

$

 199,123 

 

$

 220,059 

 

$

 556,248 

 

$

 19,631 

 

$

 1,877,132 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

 902,034 

 

$

 157,912 

 

$

 148,811 

 

$

 480,928 

 

$

 21,284 

 

$

 1,710,969 

Special Mention

 

 5,916 

 

 

 29 

 

 

 586 

 

 

 2,941 

 

 

 50 

 

 

 9,522 

Substandard

 

 30,512 

 

 

 4,017 

 

 

 1,010 

 

 

 18,848 

 

 

 95 

 

 

 54,482 

Doubtful

 

 -

 

 

 -

 

 

 -

 

 

 4,456 

 

 

 -

 

 

 4,456 

Total

$

 938,462 

 

$

 161,958 

 

$

 150,407 

 

$

 507,173 

 

$

 21,429 

 

$

 1,779,429 



By Balance In The Allowance For Loan Losses And The Recorded Investment In Loans Portfolio Classification Disaggregated On The Basis Of Impairment Evaluation Method







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Commercial

 

1-4 Family

 

Real Estate

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

Real Estate

 

Residential

 

Construction

 

Commercial

 

Other

 

Total

At December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

$

 12,716 

 

$

 700 

 

$

 2,533 

 

$

 9,965 

 

$

 192 

 

$

 26,106 

Loans charged-off

 

 (193)

 

 

 (134)

 

 

 -

 

 

 (6,148)

 

 

 (522)

 

 

 (6,997)

Recoveries

 

 400 

 

 

 77 

 

 

 -

 

 

 3,079 

 

 

 112 

 

 

 3,668 

Provision (credit) for loan losses

 

 (416)

 

 

 520 

 

 

 969 

 

 

 3,162 

 

 

 534 

 

 

 4,769 

Balance at end of period

$

 12,507 

 

$

 1,163 

 

$

 3,502 

 

$

 10,058 

 

$

 316 

 

$

 27,546 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

$

 2,219 

 

$

 63 

 

$

 -

 

$

 1,346 

 

$

 -

 

$

 3,628 

Collectively evaluated for impairment

 

 10,288 

 

 

 1,100 

 

 

 3,462 

 

 

 8,712 

 

 

 316 

 

 

 23,878 

Acquired with deteriorated credit quality

 

 -

 

 

 -

 

 

 40 

 

 

 -

 

 

 -

 

 

 40 

Total ending allowance balance

$

 12,507 

 

$

 1,163 

 

$

 3,502 

 

$

 10,058 

 

$

 316 

 

$

 27,546 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans receivable ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

$

 6,606 

 

$

 1,766 

 

$

 390 

 

$

 5,357 

 

$

 -

 

$

 14,119 

Collectively evaluated for impairment

 

 872,997 

 

 

 196,123 

 

 

 219,015 

 

 

 550,615 

 

 

 19,631 

 

 

 1,858,381 

Acquired with deteriorated credit quality

 

 2,468 

 

 

 1,234 

 

 

 654 

 

 

 276 

 

 

 -

 

 

 4,632 

Total ending loans balance

$

 882,071 

 

$

 199,123 

 

$

 220,059 

 

$

 556,248 

 

$

 19,631 

 

$

 1,877,132 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Commercial

 

1-4 Family

 

Real Estate

 

 

 

 

 

 

 

 

 



Real Estate

 

Residential

 

Construction

 

Commercial

 

Other

 

Total

At December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

$

 13,678 

 

$

 712 

 

$

 4,159 

 

$

 9,614 

 

$

 289 

 

$

 28,452 

Loans charged-off

 

 (489)

 

 

 (20)

 

 

 (21)

 

 

 (628)

 

 

 (193)

 

 

 (1,351)

Recoveries

 

 282 

 

 

 558 

 

 

 47 

 

 

 1,479 

 

 

 205 

 

 

 2,571 

Provision (credit) for loan losses

 

 (755)

 

 

 (550)

 

 

 (1,652)

 

 

 (500)

 

 

 (109)

 

 

 (3,566)

Balance at end of period

$

 12,716 

 

$

 700 

 

$

 2,533 

 

$

 9,965 

 

$

 192 

 

$

 26,106 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses ending balances:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

$

 1,575 

 

$

 11 

 

$

 -

 

$

 2,526 

 

$

 -

 

$

 4,112 

Collectively evaluated for impairment

 

 11,141 

 

 

 689 

 

 

 2,533 

 

 

 7,439 

 

 

 192 

 

 

 21,994 

Acquired with deteriorated credit quality

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Total ending allowance balance

$

 12,716 

 

$

 700 

 

$

 2,533 

 

$

 9,965 

 

$

 192 

 

$

 26,106 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans receivable ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

$

 20,332 

 

$

 695 

 

$

 391 

 

$

 13,396 

 

$

 47 

 

$

 34,861 

Collectively evaluated for impairment

 

 913,242 

 

 

 159,672 

 

 

 149,344 

 

 

 493,026 

 

 

 21,370 

 

 

 1,736,654 

Acquired with deteriorated credit quality

 

 4,888 

 

 

 1,591 

 

 

 672 

 

 

 751 

 

 

 12 

 

 

 7,914 

Total ending loans balance

$

 938,462 

 

$

 161,958 

 

$

 150,407 

 

$

 507,173 

 

$

 21,429 

 

$

 1,779,429 







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Commercial

 

1-4 Family

 

Real Estate

 

 

 

 

 

 

 

 

 



Real Estate

 

Residential

 

Construction

 

Commercial

 

Other

 

Total

At December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

$

 18,854 

 

$

 850 

 

$

 5,523 

 

$

 10,985 

 

$

 451 

 

$

 36,663 

Loans charged-off

 

 (1,400)

 

 

 (289)

 

 

 (655)

 

 

 (4,014)

 

 

 (558)

 

 

 (6,916)

Recoveries

 

 3,733 

 

 

 213 

 

 

 -

 

 

 1,119 

 

 

 264 

 

 

 5,329 

Provision (credit) for loan losses

 

 (7,509)

 

 

 (62)

 

 

 (709)

 

 

 1,524 

 

 

 132 

 

 

 (6,624)

Balance at end of period

$

 13,678 

 

$

 712 

 

$

 4,159 

 

$

 9,614 

 

$

 289 

 

$

 28,452 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for loan losses ending balances:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

$

 2,047 

 

$

 -

 

$

 -

 

$

 1,822 

 

$

 -

 

$

 3,869 

Collectively evaluated for impairment

 

 11,631 

 

 

 712 

 

 

 4,159 

 

 

 7,792 

 

 

 289 

 

 

 24,583 

Acquired with deteriorated credit quality

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

Total ending allowance balance

$

 13,678 

 

$

 712 

 

$

 4,159 

 

$

 9,614 

 

$

 289 

 

$

 28,452 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans receivable ending balance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individually evaluated for impairment

$

 23,907 

 

$

 538 

 

$

 104 

 

$

 13,560 

 

$

 2 

 

$

 38,111 

Collectively evaluated for impairment

 

 725,635 

 

 

 75,598 

 

 

 196,905 

 

 

 336,818 

 

 

 21,953 

 

 

 1,356,909 

Acquired with deteriorated credit quality

 

 3,429 

 

 

 1,395 

 

 

 114 

 

 

 32 

 

 

 1 

 

 

 4,971 

Total ending loans balance

$

 752,971 

 

$

 77,531 

 

$

 197,123 

 

$

 350,410 

 

$

 21,956 

 

$

 1,399,991