EXHIBIT 99.1

COLONIAL BANCGROUP ANNOUNCES

18% INCREASE IN EARNINGS PER SHARE

FOR THE FOURTH QUARTER

2005 COMPARED WITH 2004:

• Strong Earnings Per Share of $0.40 for the fourth quarter, up 18%

• Record Earnings Per Share for 2005 of $1.52, up 16% over 2004

• Record Net Income of $229 million for 2005, up 32% over 2004

• Net interest income increased 25% on increased volumes and expanded net interest margin – 9^th consecutive quarter of increased margin

• Strong organic average deposit growth of 16%

• Solid organic period end loan growth of 10%

• Continued outstanding credit quality – Nonperforming Assets Ratio of 0.21%; Net Charge-Offs of 0.14%

• Florida deposits were over $9 billion at December 31, 2005, up 48% over 2004

MONTGOMERY, AL — The Colonial BancGroup, Inc. Chairman, CEO and President, Robert E. Lowder, announced today that the Company had record earnings for the year ended December 31, 2005 of $1.52 per diluted share, a 16% increase over the $1.31 recorded in 2004. Net income for the year was a record $229 million, a 32% increase over the $173 million recorded in 2004.

Net income for the fourth quarter of 2005 was $61.5 million compared to net income of $46.3 million for the fourth quarter of 2004, an increase of 33%. Diluted earnings per share were $0.40 in the fourth quarter of 2005 compared to $0.34 per share in the fourth quarter of 2004, an 18% increase.

“Our strong fourth quarter results cap an outstanding year for Colonial and its shareholders. Our total shareholder return was over 15% in 2005. Colonial has consistently outperformed its competition in both total shareholder return and earnings growth over the past two years. We are optimistic about our future and look forward to another great year,” said Lowder.

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Colonial’s net interest income increased 25% over 2004 and increased 3%, annualized, compared to the third quarter of 2005. The net interest margin for 2005 was 3.75%, a 23 basis point improvement over 2004, and increased to 3.85% in the fourth quarter of 2005, a 7 basis point increase over the third quarter of 2005, representing the ninth consecutive quarter of net interest margin expansion.

Colonial’s average deposits, excluding acquisitions, branch sales and brokered deposits, grew by $1.7 billion, or 16% in 2005 compared to 2004. Average deposits, excluding branch sales and brokered deposits, grew $390 million, or 11% annualized, from the third quarter of 2005. Total deposits, excluding the impact of acquisitions, branch sales and brokered deposits, increased by $2.1 billion, or 18% from December 31, 2004. “The excellent deposit growth reflects the result of our strategy to reposition the bulk of our franchise in high growth markets. As an example, our Florida, Texas and Nevada branches posted greater than 20% internal growth in deposits for the year, ” said Mr. Lowder.

Loans, excluding mortgage warehouse loans, acquisitions and branch sales, grew $1.2 billion, or 10% from December 31, 2004 to December 31, 2005 and increased $285 million, or 8% annualized, from September 30, 2005 to December 31, 2005. Credit quality was excellent throughout 2005. Colonial’s nonperforming assets ratio was 0.21% at December 31, 2005 compared to 0.29% at December 31, 2004. Net charge-offs were 0.14% of average loans for 2005 and were an annualized 0.09% of average loans in the fourth quarter of 2005. The allowance for loan losses was 1.15% of total loans and represented 536% of nonperforming assets at December 31, 2005.

“Colonial continued to stick to what we do best—make loans to people we know in markets that we know and for purposes that we understand. We are very pleased with our loan growth especially considering the high level of payoffs we experienced throughout 2005 and the fact that we tightened our underwriting standards at the beginning of the year,” said Mr. Lowder.

Noninterest income for the fourth quarter of 2005, excluding gains or losses on securities, derivatives and branches, grew 15% over the fourth quarter of 2004 but was down $2.8 million from the third quarter of 2005. The increase over the fourth quarter of 2004 was

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primarily from mortgage warehouse lending fees of $6.5 million, whereas the decrease from the third quarter of 2005 was primarily from lower service charges on deposit accounts, revenues from financial planning services and mortgage banking revenues. On November 11, 2005, Colonial completed the sale of thirteen branches in northwest Alabama. These branches had approximately $375 million in deposits and $65 million in loans. Colonial recognized a gain of $27.4 million on the sale of those branches which was substantially offset by losses of $20 million related to the sale of $813 million in securities and $6.7 million of losses on the change in fair value of derivatives in the quarter. “We believe that the branch sales in the second and fourth quarters of 2005 completed our effort to exit slow or no-growth markets of our franchise. Colonial will continue to focus on building out branches in our high growth markets during 2006 to further the Company’s well executed growth market strategy. The sale of securities is part of our on-going effort to remove lower yielding assets from the balance sheet. We expect to replace those investments with securities having higher yields,” said Mr. Lowder.

The prior period results have been restated to reflect changes in the accounting treatment of certain derivatives and other items which are immaterial. Please refer to the Current Report filed on Form 8-K on January 5, 2006 for a more complete description of the restatement.

Colonial BancGroup operates 301 branches in Florida, Alabama, Georgia, Nevada and Texas with over $21 billion in assets. The Company’s common stock is traded on the New York Stock Exchange under the symbol CNB. In most newspapers the stock is listed as ColBgp.

Colonial management will host a conference call on January 18, 2006 at 3:00 PM/ET to discuss the earnings results for the fourth quarter. Individuals are encouraged to listen to the live webcast of the presentation as well as view a slide presentation that will be available on the same date by visiting Colonial’s web site at www.colonialbank.com. The webcast will be hosted under “Conference Calls and Presentations” located under the “Investor Relations” section of the website. To participate in the Q&A session of the conference call dial (888) 289-0544 (Leader: Glenda Allred). A replay of the conference call will be available beginning at 6:00 PM/ET on January 18, 2006 and ending at midnight on January 25, 2006 by dialing (888) 203-1112 (Domestic Toll-Free) or (719) 457-0820 (Toll International). The passcode for the call is 8104567.

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This release includes “forward-looking statements” within the meaning of the federal securities laws. Words such as “believes,” “estimates,” “plans,” “expects,” “should,” “may,” “might,” “outlook,” and “anticipates,” and similar expressions, as they relate to BancGroup (including its subsidiaries or its management), are intended to identify forward-looking statements. The forward-looking statements in these reports are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements. In addition to factors mentioned elsewhere in this report or previously disclosed in BancGroup’s SEC reports (accessible on the SEC’s website at www.sec.gov or on BancGroup’s website at www.colonialbank.com), the following factors, among others, could cause actual results to differ materially from forward-looking statements and future results could differ materially from historical performance. These factors are not exclusive:

• deposit attrition, customer loss, or revenue loss in the ordinary course of business;

• increases in competitive pressure in the banking industry;

• costs or difficulties related to the integration of the businesses of BancGroup and institutions it acquires are greater than expected;

• the inability of BancGroup to realize elements of its strategic plans for 2006 and beyond;

• changes in the interest rate environment which expand or reduce margins or adversely affect critical estimates as applied and projected returns on investments;

• economic conditions affecting real estate values and transactions in BancGroup’s market and/or general economic conditions, either nationally or regionally, that are less favorable then expected;

• natural disasters in BancGroup’s primary market areas result in prolonged business disruption or materially impair the value of collateral securing loans;

• management’s assumptions and estimates underlying critical accounting policies prove to be inadequate or materially incorrect or are not borne out by subsequent events;

• strategies to manage interest rate risk may yield results other than those anticipated;

• changes which may occur in the regulatory environment;

• a significant rate of inflation (deflation);

• acts of terrorism or war; and

• changes in the securities markets.

Many of these factors are beyond BancGroup’s control. The reader is cautioned not to place undue reliance on any forward looking statements made by or on behalf of BancGroup. Any such statement speaks only as of the date the statement was made or as of such date that may be referenced within the statement. BancGroup does not undertake any obligation to update or revise any forward-looking statements.

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THE COLONIAL BANCGROUP, INC. AND SUBSIDIARIES

FINANCIAL HIGHLIGHTS (Unaudited)

Statement of Condition Summary (Dollars in millions)	Dec 31, 2005		Restated Sept 30, 2005		Restated Dec 31, 2004		% Change Dec 31, ‘04 to ‘05
Total assets	$	21,426	$	21,117	$	18,897	13	%
Total loans, net:
Mortgage warehouse loans		484		527		1,115	-57	%
All other loans		14,416		14,197		11,743	23	%
Securities available for sale and investment securities		2,844		2,970		3,654	-22	%
Non-time deposits		9,013		8,949		7,546	19	%
Total deposits		15,483		15,270		11,864	31	%
Shareholders’ equity		1,933		1,903		1,398	38	%

	Twelve Months Ended								Three Months Ended
Earnings Summary (In thousands, except per share amounts)	Dec 31, 2005			Restated Dec 31, 2004			% Change Dec 31, ‘04 to ‘05		Dec 31, 2005			Restated Dec 31, 2004			% Change Dec 31, ‘04 to ‘05
Net Income:
Net interest income	$	709,222		$	567,248		25	%	$	186,563		$	153,945		21	%
Provision for loan losses		26,838			26,994		-1	%		5,892			5,388		9	%
Noninterest income excluding gains (losses) on securities, derivatives and branches		175,663			146,050		20	%		43,573			37,836		15	%
Security (losses)gains, net		(24,654	)		7,544		-427	%		(20,012	)		127		-15857	%
Change in fair value of derivatives		(12,053	)		(393	)	2967	%		(6,671	)		(1,119	)	496	%
Gain on sale of branches		37,020			—		—			27,412			—		—
Noninterest expense excluding net losses related to extinguishment of debt and merger related expenses		501,509			422,214		19	%		132,107			113,907		16	%
Merger related expenses		4,196			1,999		110	%		374			65		475	%
Net losses related to the early extinguishment of debt		9,550			7,436		28	%		—			1,253		-100	%
Net Income	$	228,502		$	172,877		32	%	$	61,507		$	46,347		33	%
EARNINGS PER SHARE:
Net Income
Basic	$	1.53		$	1.32		16	%	$	0.40		$	0.35		14	%
Diluted	$	1.52		$	1.31		16	%	$	0.40		$	0.34		18	%
Average shares outstanding		149,053			131,144					153,808			133,755
Average diluted shares outstanding		150,790			132,315					155,604			135,017
KEY RATIOS:
Net interest margin		3.75	%		3.52	%	7	%		3.85	%		3.58	%	8	%
Book value per share	$	12.53		$	10.45		20	%	$	12.53		$	10.45		20	%
Dividends paid per share	$	0.6100		$	0.5800		5	%	$	0.1525		$	0.1450		5	%

	Dec 31, 2005		Sept 30, 2005		Dec 31, 2004
Asset Quality
Allowance as a percent of net loans	1.15	%	1.14	%	1.16	%
Total non-performing assets ratio	0.21	%	0.24	%	0.29	%
Allowance as a percent of nonperforming assets	536	%	468	%	402	%
Net charge-offs ratio:
Quarter to date (annualized)	0.09	%	0.10	%	0.12	%
Year to date (annualized)	0.14	%	0.15	%	0.19	%

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THE COLONIAL BANCGROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

																Twelve Months Ended
Earnings Summary (Dollars in thousands, except per share amounts)	4th Qtr. 2005			Restated 3rd Qtr. 2005			Restated 2nd Qtr. 2005			Restated 1st Qtr. 2005			Restated 4th Qtr. 2004			Dec 31, 2005			Restated Dec 31, 2004
Net interest income	$	186,563		$	185,266		$	174,435		$	162,958		$	153,945		$	709,222		$	567,248
Provision for loan loss		5,892			6,007			9,010			5,929			5,388			26,838			26,994
Noninterest income:
Service charges on deposit accounts		14,518			15,325			14,827			13,632			14,220			58,302			58,467
Financial planning services		2,590			3,600			3,129			3,892			3,233			13,211			13,370
Electronic banking		4,008			3,890			3,927			3,499			3,455			15,324			12,604
Mortgage banking		2,811			4,456			2,940			2,021			1,908			12,228			8,433
Mortgage warehouse fees		6,830			4,523			3,919			783			330			16,055			1,244
Securities gains(losses), net		(20,012	)		—			(3,487	)		(1,155	)		127			(24,654	)		7,544
Gain on sale of branches		27,412			—			9,608			—			—			37,020			—
Bank-owned life insurance		3,461			3,621			3,456			3,404			3,419			13,942			10,261
Net cash settlement of swaps		1,486			2,514			2,802			3,496			3,943			10,298			16,567
Change in fair value of derivatives		(6,671	)		(7,072	)		8,034			(6,344	)		(1,119	)		(12,053	)		(393	)
Other income (2)		7,869			8,469			11,442			8,523			7,328			36,303			25,104
Total noninterest income		44,302			39,326			60,597			31,751			36,844			175,976			153,201
Noninterest expense:
Salaries and employee benefits		66,616			70,204			64,905			60,988			57,603			262,713			218,095
Occupancy expense of bank premises, net		17,380			15,990			15,268			14,028			14,952			62,666			53,167
Furniture and equipment expense		11,686			11,456			10,723			9,714			9,700			43,579			38,300
Professional services		6,915			5,487			5,254			4,435			6,436			22,091			19,356
Amortization of intangibles		3,143			2,970			3,186			2,305			1,926			11,604			6,364
Advertising		3,714			3,591			2,694			2,228			1,982			12,227			8,477
Merger related expenses		374			613			2,071			1,138			65			4,196			1,999
Net losses related to the early extinguishment of debt		—			1,673			5,587			2,290			1,253			9,550			7,436
Other expense		22,653			21,980			22,294			19,702			21,308			86,629			78,455
Total noninterest expense		132,481			133,964			131,982			116,828			115,225			515,255			431,649
Income before tax		92,492			84,621			94,040			71,952			70,176			343,105			261,806
Income tax		30,985			28,145			31,709			23,764			23,829			114,603			88,929
Net Income	$	61,507		$	56,476		$	62,331		$	48,188		$	46,347		$	228,502		$	172,877
Earnings per share - Diluted
Net Income	$	0.40		$	0.36		$	0.41		$	0.34		$	0.34		$	1.52		$	1.31
Selected ratios
Return on average assets*		1.16	%		1.05	%		1.22	%		1.00	%		0.99	%		1.10	%		0.99	%
Return on average equity*		12.75	%		11.77	%		14.07	%		12.89	%		13.36	%		12.84	%		13.45	%
Efficiency ratio(1)		57.48	%		57.02	%		57.13	%		56.53	%		59.31	%		57.06	%		59.32	%
Noninterest income(1)/ avg assets*		0.82	%		0.86	%		0.91	%		0.81	%		0.81	%		0.85	%		0.84	%
Noninterest expense(1)/ avg assets*		2.51	%		2.47	%		2.46	%		2.34	%		2.45	%		2.45	%		2.43	%
Net interest margin		3.85	%		3.78	%		3.72	%		3.64	%		3.58	%		3.75	%		3.52	%
Equity to assets		9.02	%		9.01	%		9.17	%		8.13	%		7.40	%
Tier one leverage		7.77	%		7.26	%		7.59	%		7.38	%		7.14	%
Tangible capital ratio		6.03	%		5.78	%		5.96	%		5.48	%		5.43	%

(1) Noninterest income excludes gains(losses) on securities, derivatives and branches. Noninterest expense excludes net losses related to the early extinguishment of debt.

(2) Other income includes nonrecurring gains on the sale of properties held for sale and certain other assets totaling $84,000, $2.8 million, $486,000 and $1.7 million in the 3rd quarter of 2005, the 2nd quarter of 2005, the 1st quarter of 2005 and the 4th quarter of 2004, respectively.

* Annualized

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THE COLONIAL BANCGROUP, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CONDITION (Unaudited)

STATEMENTS OF CONDITION (Dollars in thousands)	Dec 31, 2005			Restated Sept 30, 2005			Restated June 30, 2005			Restated Mar 31, 2005			Restated Dec 31, 2004
Assets:
Cash and due from banks	$	429,549		$	425,121		$	414,834		$	414,831		$	296,889
Interest-bearing deposits in banks, federal funds sold		69,042			110,407			113,087			142,723			85,988
Securities purchased under agreements to resell		589,902			607,409			575,267			385,937			221,491
Securities available for sale and investment securities		2,844,354			2,969,998			3,080,567			3,694,604			3,653,554
Loans held for sale		1,097,892			799,970			751,231			648,643			678,496
Total loans, net:
Mortgage warehouse loans		483,701			526,967			713,254			663,619			1,114,923
All other loans		14,416,163			14,196,682			13,864,136			12,759,922			11,742,888
Less: Allowance for loan losses		(171,051	)		(168,324	)		(166,050	)		(153,634	)		(148,802	)
Loans, net		14,728,813			14,555,325			14,411,340			13,269,907			12,709,009
Premises and equipment, net		340,011			304,894			299,772			278,791			270,236
Intangible assets, net		682,499			723,425			716,903			560,522			394,140
Bank owned life insurance		345,842			342,380			338,820			335,353			315,739
Accrued interest and other assets		298,293			277,851			280,854			271,207			271,068
Total Assets	$	21,426,197		$	21,116,780		$	20,982,675		$	20,002,518		$	18,896,610
Liabilities and Shareholders’ Equity:
Non-interest bearing transaction accounts	$	3,167,875		$	3,166,273		$	3,114,321		$	2,958,496		$	2,468,529
Interest-bearing transaction accounts		5,845,068			5,782,269			5,772,340			5,308,417			5,077,509
Total non-time deposits		9,012,943			8,948,542			8,886,661			8,266,913			7,546,038
Time deposits		6,470,506			6,321,283			5,261,714			4,716,950			4,317,657
Total deposits		15,483,449			15,269,825			14,148,375			12,983,863			11,863,695
Short-term borrowings		1,542,796			1,659,174			3,083,688			3,009,567			3,258,935
Long-term debt		2,338,831			2,186,472			1,738,470			2,285,407			2,260,957
Other liabilities		128,430			98,454			87,279			98,111			114,732
Total liabilities		19,493,506			19,213,925			19,057,812			18,376,948			17,498,319
Total shareholders’ equity		1,932,691			1,902,855			1,924,863			1,625,570			1,398,291
Total Liabilities and Shareholders’ Equity	$	21,426,197		$	21,116,780		$	20,982,675		$	20,002,518		$	18,896,610
Common Shares Issued		155,602,747			155,550,888			155,336,221			145,627,339			133,823,776
Common Shares Outstanding		154,242,820			154,190,961			155,336,221			145,627,339			133,823,776

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THE COLONIAL BANCGROUP, INC. AND SUBSIDIARIES

	Three Months Ended
AVERAGE VOLUME AND RATES (unaudited) (Dollars in thousands)	December 31, 2005						Restated September 30, 2005						Restated December 31, 2004
	Average Volume		Interest		Rate		Average Volume		Interest		Rate		Average Volume		Interest		Rate
Assets:
All other loans, net of unearned income(2)	$	14,211,949	$	255,330	7.14	%	$	13,912,490	$	238,123	6.80	%	$	11,578,356	$	171,520	5.90	%
Mortgage warehouse loans		496,270		7,476	5.98	%		758,549		10,919	5.71	%		1,093,012		12,323	4.49	%
Loans held for sale(2)		928,366		14,233	6.08	%		1,011,722		14,410	5.65	%		656,665		7,986	4.86	%
Investment securities and securities available for sale(2)		2,964,575		34,262	4.62	%		3,035,280		34,589	4.56	%		3,568,634		40,566	4.55	%
Other interest-earning assets		697,129		9,966	5.67	%		841,131		10,455	4.93	%		271,535		2,145	3.14	%
Total interest-earning assets(1)		19,298,289	$	321,267	6.62	%		19,559,172	$	308,496	6.27	%		17,168,202	$	234,540	5.44	%
Nonearning assets(2)		1,821,982						1,856,972						1,425,976
Total assets	$	21,120,271					$	21,416,144					$	18,594,178
Liabilities and Shareholders’ Equity:
Interest-bearing non-time deposits	$	5,836,014	$	30,831	2.10	%	$	5,801,845	$	25,747	1.76	%	$	5,051,770	$	12,676	1.00	%
Time deposits		6,330,422		59,682	3.74	%		5,881,314		51,220	3.46	%		4,177,959		28,897	2.75	%
Short-term borrowings		1,614,719		14,592	3.59	%		2,769,154		22,359	3.20	%		3,122,132		14,389	1.83	%
Long-term debt(2)		2,211,414		29,274	5.26	%		1,834,780		23,546	5.10	%		2,280,619		24,240	4.23	%
Total interest-bearing liabilities		15,992,569	$	134,379	3.33	%		16,287,093	$	122,872	2.99	%		14,632,480	$	80,202	2.18	%
Noninterest-bearing demand deposits		3,077,220						3,102,800						2,448,341
Other liabilities(2)		136,284						122,674						133,607
Total liabilities		19,206,073						19,512,567						17,214,428
Shareholders’ equity		1,914,198						1,903,577						1,379,750
Total liabilities and shareholders’ equity	$	21,120,271					$	21,416,144					$	18,594,178
Rate differential					3.29	%					3.28	%					3.26	%
Net yield on interest-earning assets			$	186,888	3.85	%			$	185,624	3.78	%			$	154,338	3.58	%

(1) Interest earned and average rates on obligations of states and political subdivisions are reflected on a tax equivalent basis. Tax equivalent interest earned is: actual interest earned times 145%. The taxable equivalent adjustment has given effect to the disallowance of interest expense deductions, for federal income tax purposes, related to certain tax-free assets.

(2) Unrealized gains(losses) on available for sale securities and the adjustments for mark to market valuations on hedged assets and liabilities have been classified in either nonearning assets or other liabilities.

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THE COLONIAL BANCGROUP, INC. AND SUBSIDIARIES

	Twelve Months Ended December 31,
AVERAGE VOLUME AND RATES (unaudited) (Dollars in thousands)	2005						Restated 2004
	Average Volume		Interest		Rate		Average Volume		Interest		Rate
Assets
All other loans, net of unearned income(2)	$	13,411,323	$	894,545	6.67	%	$	11,115,275	$	625,455	5.63	%
Mortgage warehouse loans		728,057		38,526	5.29	%		1,033,238		42,749	4.14	%
Loans held for sale(2)		823,177		46,247	5.62	%		497,315		23,972	4.82	%
Investment securities and securities available for sale(2)		3,400,782		155,829	4.58	%		3,397,000		154,210	4.54	%
Other interest-earning assets		580,172		28,363	4.89	%		130,711		3,442	2.63	%
Total interest-earning assets(1)		18,943,511	$	1,163,510	6.14	%		16,173,539	$	849,828	5.25	%
Nonearning assets(2)		1,738,799						1,260,032
Total assets	$	20,682,310					$	17,433,571
Liabilities and Shareholders’ Equity:
Interest bearing non-time deposits	$	5,583,038	$	90,635	1.62	%	$	4,639,949	$	42,714	0.92	%
Time deposits		5,443,983		182,898	3.36	%		4,014,706		105,422	2.63	%
Short-term borrowings		2,639,341		75,395	2.86	%		2,906,035		38,303	1.32	%
Long-term debt(2)		2,153,881		103,906	4.82	%		2,264,698		94,331	4.17	%
Total interest-bearing liabilities		15,820,243	$	452,834	2.86	%		13,825,388	$	280,770	2.03	%
Noninterest-bearing demand deposits		2,960,504						2,207,385
Other liabilities(2)		122,482						115,026
Total liabilities		18,903,229						16,147,799
Shareholders’ equity		1,779,081						1,285,772
Total liabilities and shareholders’ equity	$	20,682,310					$	17,433,571
Rate differential					3.28	%					3.22	%
Net yield on interest-earning assets			$	710,676	3.75	%			$	569,058	3.52	%

(1) Interest earned and average rates on obligations of states and political subdivisions are reflected on a tax equivalent basis. Tax equivalent interest earned is: actual interest earned times 145%. The taxable equivalent adjustment has given effect to the disallowance of interest expense deductions, for federal income tax purposes, related to certain tax-free assets.

(2) Unrealized gains(losses) on available for sale securities and the adjustments for mark to market valuations on hedged assets and liabilities have been classified in either nonearning assets or other liabilities.

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THE COLONIAL BANCGROUP, INC. AND SUBSIDIARIES

NONPERFORMING ASSETS (unaudited)

NONPERFORMING ASSETS (Dollars in thousands)	Dec 31, 2005			Sept 30, 2005			June 30, 2005			March 31, 2005			Dec 31, 2004
Nonaccrual loans	$	25,668		$	28,814		$	23,845		$	28,996		$	26,983
Restructured loans		155			164			173			182			191
Total nonperforming loans		25,823			28,978			24,018			29,178			27,174
Other real estate owned		6,108			5,747			4,245			8,229			9,865
Loans held for sale		—			1,225			1,225			1,262			—
Total nonperforming assets	$	31,931		$	35,950		$	29,488		$	38,669		$	37,039
Aggregate loans contractually past due 90 days for which interest is being accrued	$	10,283		$	7,042		$	6,720		$	5,651		$	8,096
Total charge-offs	$	27,206		$	22,714		$	17,523		$	10,529		$	29,811
Total recoveries		(7,995	)		(6,668	)		(5,210	)		(3,514	)		(6,213	)
Net charge-offs:
Year to date	$	19,211		$	16,046		$	12,313		$	7,015		$	23,598
Quarter to date	$	3,165		$	3,733		$	5,298		$	7,015		$	3,644
RATIOS
Period end:
Total nonperforming assets as a percent of net loans and other nonperforming assets		0.21	%		0.24	%		0.20	%		0.29	%		0.29	%
Allowance as a percent of nonperforming assets		536	%		468	%		563	%		397	%		402	%
Allowance as a percent of nonperforming loans		662	%		581	%		691	%		527	%		548	%
Net charge-offs as a percent of average net loans:
Quarter to date (annualized)		0.09	%		0.10	%		0.15	%		0.21	%		0.12	%
Year to date (annualized)		0.14	%		0.15	%		0.18	%		0.21	%		0.19	%

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