LOANS RECEIVABLE AND THE ALLOWANCE FOR LOAN LOSSES

6 Months Ended

Jun. 30, 2018

LOANS RECEIVABLE AND THE ALLOWANCE FOR LOAN LOSSES

Loans receivable at June 30, 2018 and December 31, 2017 are summarized as follows (dollars in thousands):



	June 30, 2018					December 31, 2017
	Amount			Percent of Total		Amount			Percent of Total
Commercial real estate:
Owner-occupied	$	1,256,730		16.3	%	$	1,284,363		16.9	%
Investment properties	1,920,790			25.0		1,937,423			25.5
Multifamily real estate	330,384			4.3		314,188			4.1
Commercial construction	166,089			2.2		148,435			2.0
Multifamily construction	147,576			1.9		154,662			2.0
One- to four-family construction	480,591			6.3		415,327			5.5
Land and land development:
Residential	163,335			2.1		164,516			2.2
Commercial	22,849			0.3		24,583			0.3
Commercial business	1,312,424			17.1		1,279,894			16.8
Agricultural business, including secured by farmland	336,709			4.4		338,388			4.4
One- to four-family residential	840,470			10.9		848,289			11.2
Consumer:
Consumer secured by one- to four-family	536,007			7.0		522,931			6.9
Consumer—other	170,778			2.2		165,885			2.2
Total loans	7,684,732			100.0	%	7,598,884			100.0	%
Less allowance for loan losses	(93,875		)			(89,028		)
Net loans	$	7,590,857				$	7,509,856

Loan amounts are net of unearned loan fees in excess of unamortized costs of $1.4 million as of June 30, 2018 and were net of unamortized costs of $158,000 as of December 31, 2017. Net loans include net discounts on acquired loans of $18.1 million and $21.1 million as of June 30, 2018 and December 31, 2017, respectively.

Purchased credit-impaired loans and purchased non-credit-impaired loans. Purchased loans, including loans acquired in business combinations, are recorded at their fair value at the acquisition date. Credit discounts are included in the determination of fair value; therefore, an allowance for loan and lease losses is not recorded at the acquisition date. Acquired loans are evaluated upon acquisition and classified as either purchased credit-impaired (PCI) or purchased non-credit-impaired. PCI loans reflect credit deterioration since origination such that it is probable at acquisition that the Company will be unable to collect all contractually required payments. The outstanding contractual unpaid principal balance of PCI loans, excluding acquisition accounting adjustments, was $28.1 million at June 30, 2018 and $32.5 million at December 31, 2017. The carrying balance of PCI loans was $18.1 million at June 30, 2018 and $21.3 million at December 31, 2017.

The following table presents the changes in the accretable yield for PCI loans for the three and six months ended June 30, 2018 and 2017 (in thousands):



	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Balance, beginning of period	$	6,288		$	8,670		$	6,520		$	8,717
Accretion to interest income	(734		)	(2,170		)	(1,831		)	(3,490		)
Disposals	—			(497		)	58			(497		)
Reclassifications from non-accretable difference	555			1,663			1,362			2,936
Balance, end of period	$	6,109		$	7,666		$	6,109		$	7,666

As of June 30, 2018 and December 31, 2017, the non-accretable difference between the contractually required payments and cash flows expected to be collected was $9.2 million and $11.3 million, respectively.

Impaired Loans and the Allowance for Loan Losses. A loan is considered impaired when, based on current information and circumstances, the Company determines it is probable that it will be unable to collect all amounts due according to the contractual terms of the loan agreement, including scheduled interest payments. Factors involved in determining impairment include, but are not limited to, the financial condition of the borrower, the value of the underlying collateral and the current status of the economy. Impaired loans are comprised of loans on nonaccrual, troubled debt restructurings (TDRs) that are performing under their restructured terms, and loans that are 90 days or more past due, but are still on accrual. PCI loans are considered performing within the scope of the purchased credit-impaired accounting guidance and are not included in the impaired loan tables.

The following tables provide information on impaired loans, excluding PCI loans, with and without allowance reserves at June 30, 2018 and December 31, 2017. Recorded investment includes the unpaid principal balance or the carrying amount of loans less charge-offs and net deferred loan fees (in thousands):



	June 30, 2018
	Unpaid Principal Balance		Recorded Investment				Related Allowance
	Unpaid Principal Balance		Without Allowance ⁽¹⁾		With Allowance ⁽²⁾		Related Allowance
Commercial real estate:
Owner-occupied	$	3,827	$	3,395	$	202	$	21
Investment properties	6,874		946		5,668		257
One- to four-family construction	378		378		—		—
Land and land development:
Residential	1,918		1,582		—		—
Commercial business	3,398		2,674		369		13
Agricultural business/farmland	4,613		1,712		2,560		59
One- to four-family residential	8,027		3,413		4,562		108
Consumer:
Consumer secured by one- to four-family	1,551		1,374		136		6
Consumer—other	125		55		69		4
	$	30,711	$	15,529	$	13,566	$	468

	December 31, 2017
	Unpaid Principal Balance		Recorded Investment				Related Allowance
	Unpaid Principal Balance		Without Allowance ⁽¹⁾		With Allowance ⁽²⁾		Related Allowance
Commercial real estate:
Owner-occupied	$	7,807	$	6,447	$	199	$	18
Investment properties	11,296		4,200		6,884		263
One- to four-family construction	298		298		—		—
Land and land development:
Residential	1,134		798		—		—
Commercial business	4,441		3,424		555		50
Agricultural business/farmland	9,388		6,230		3,031		264
One- to four-family residential	9,547		3,709		5,775		178
Consumer:
Consumer secured by one- to four-family	1,498		1,324		139		7
Consumer—other	134		58		73		2
	$	45,543	$	26,488	$	16,656	$	782


⁽¹⁾	Includes loans without an allowance reserve that have been individually evaluated for impairment and that evaluation concluded that no reserve was needed, and $10.7 million and $10.6 million, respectively, of homogenous and small balance loans as of June 30, 2018 and December 31, 2017, that are collectively evaluated for impairment for which a general reserve has been established.


⁽²⁾	Loans with a specific allowance reserve have been individually evaluated for impairment using either a discounted cash flow analysis or, for collateral dependent loans, current appraisals less costs to sell to establish realizable value.

The following tables summarize our average recorded investment and interest income recognized on impaired loans by loan class for the three and six months ended June 30, 2018 and 2017 (in thousands):



	Three Months Ended June 30, 2018				Three Months Ended June 30, 2017
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Commercial real estate:
Owner-occupied	$	3,544	$	2	$	2,662	$	2
Investment properties	7,561		75		7,438		38
Multifamily real estate	—		—		395		5
One- to four-family construction	314		—		393		7
Land and land development:
Residential	1,582		10		1,727		19
Commercial	—		—		944		—
Commercial business	3,206		5		4,857		50
Agricultural business/farmland	4,357		23		4,339		30
One- to four-family residential	8,226		59		9,503		84
Consumer:
Consumer secured by one- to four-family	1,360		3		1,591		2
Consumer—other	141		1		175		1
	$	30,291	$	178	$	34,024	$	238

	Six Months Ended June 30, 2018				Six Months Ended June 30, 2017
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Commercial real estate:
Owner-occupied	$	4,464	$	5	$	2,789	$	4
Investment properties	8,767		158		8,165		87
Multifamily real estate	—		—		445		9
One- to four-family construction	459		4		787		27
Land and land development:
Residential	1,190		10		1,813		36
Commercial	—		—		961		—
Commercial business	3,606		12		4,692		57
Agricultural business/farmland	6,733		56		5,310		62
One- to four-family residential	8,559		160		9,953		167
Consumer:
Consumer secured by one- to four-family	1,375		5		1,666		5
Consumer—other	145		2		222		4
	$	35,298	$	412	$	36,803	$	458

Troubled Debt Restructurings. Some of the Company’s loans are reported as TDRs. Loans are reported as TDRs when the bank grants one or more concessions to a borrower experiencing financial difficulties that it would not otherwise consider. Examples of such concessions include forgiveness of principal or accrued interest, extending the maturity date(s) or providing a lower interest rate than would be normally available for a transaction of similar risk. Our TDRs have generally not involved forgiveness of amounts due, but almost always include a modification of multiple factors; the most common combination includes interest rate, payment amount and maturity date. As a result of these concessions, restructured loans are impaired as the Company will not collect all amounts due, both principal and interest, in accordance with the terms of the original loan agreement. Loans identified as TDRs are accounted for in accordance with the Company's impaired loan accounting policies.

The following table presents TDRs by accrual and nonaccrual status at June 30, 2018 and December 31, 2017 (in thousands):



	June 30, 2018						December 31, 2017
	Accrual Status		Nonaccrual Status		Total TDRs		Accrual Status		Nonaccrual Status		Total TDRs
Commercial real estate:
Owner-occupied	$	202	$	83	$	285	$	199	$	87	$	286
Investment properties	5,668		—		5,668		6,884		—		6,884
Commercial business	369		—		369		555		—		555
Agricultural business, including secured by farmland	2,560		—		2,560		3,129		29		3,158
One- to four-family residential	4,789		244		5,033		5,136		801		5,937
Consumer:
Consumer secured by one- to four-family	136		—		136		139		—		139
Consumer—other	69		—		69		73		—		73
	$	13,793	$	327	$	14,120	$	16,115	$	917	$	17,032

As of both June 30, 2018 and December 31, 2017, the Company had commitments to advance additional funds related to TDRs up to $23,000 and $45,000, respectively.

No new TDRs occurred during the six months ended June 30, 2018 or 2017.

There were no TDRs which incurred a payment default within twelve months of the restructure date during the three and six-month periods ended June 30, 2018 and 2017. A default on a TDR results in either a transfer to nonaccrual status or a partial charge-off, or both.

Credit Quality Indicators: To appropriately and effectively manage the ongoing credit quality of the Company’s loan portfolio, management has implemented a risk-rating or loan grading system for its loans. The system is a tool to evaluate portfolio asset quality throughout each applicable loan’s life as an asset of the Company. Generally, loans and leases are risk rated on an aggregate borrower/relationship basis with individual loans sharing similar ratings. There are some instances when specific situations relating to individual loans will provide the basis for different risk ratings within the aggregate relationship. Loans are graded on a scale of 1 to 9. A description of the general characteristics of these categories is shown below:

Overall Risk Rating Definitions: Risk-ratings contain both qualitative and quantitative measurements and take into account the financial strength of a borrower and the structure of the loan or lease. Consequently, the definitions are to be applied in the context of each lending transaction and judgment must also be used to determine the appropriate risk rating, as it is not unusual for a loan or lease to exhibit characteristics of more than one risk-rating category. Consideration for the final rating is centered in the borrower’s ability to repay, in a timely fashion, both principal and interest. There were no material changes in the risk-rating or loan grading system in the six months ended June 30, 2018.

Risk Rating 1: Exceptional

A credit supported by exceptional financial strength, stability, and liquidity. The risk rating of 1 is reserved for the Company’s top quality loans, generally reserved for investment grade credits underwritten to the standards of institutional credit providers.

Risk Rating 2: Excellent

A credit supported by excellent financial strength, stability and liquidity. The risk rating of 2 is reserved for very strong and highly stable customers with ready access to alternative financing sources.

Risk Rating 3: Strong

A credit supported by good overall financial strength and stability. Collateral margins are strong; cash flow is stable although susceptible to cyclical market changes.

Risk Rating 4: Acceptable

A credit supported by the borrower’s adequate financial strength and stability. Assets and cash flow are reasonably sound and provide for orderly debt reduction. Access to alternative financing sources will be more difficult to obtain.

Risk Rating 5: Watch

A credit with the characteristics of an acceptable credit which requires, however, more than the normal level of supervision and warrants formal quarterly management reporting. Credits in this category are not yet criticized or classified, but due to adverse events or aspects of underwriting require closer than normal supervision. Generally, credits should be watch credits in most cases for six months or less as the impact of stress factors are analyzed.

Risk Rating 6: Special Mention

A credit with potential weaknesses that deserves management’s close attention is risk rated a 6. If left uncorrected, these potential weaknesses will result in deterioration in the capacity to repay debt. A key distinction between Special Mention and Substandard is that in a Special Mention credit, there are identified weaknesses that pose potential risk(s) to the repayment sources, versus well defined weaknesses that pose risk(s) to the repayment sources. Assets in this category are expected to be in this category no more than 9-12 months as the potential weaknesses in the credit are resolved.

Risk Rating 7: Substandard

A credit with well defined weaknesses that jeopardize the ability to repay in full is risk rated a 7. These credits are inadequately protected by either the sound net worth and payment capacity of the borrower or the value of pledged collateral. These are credits with a distinct possibility of loss. Loans headed for foreclosure and/or legal action due to deterioration are rated 7 or worse.

Risk Rating 8: Doubtful

A credit with an extremely high probability of loss is risk rated 8. These credits have all the same critical weaknesses that are found in a substandard loan; however, the weaknesses are elevated to the point that based upon current information, collection or liquidation in full is improbable. While some loss on doubtful credits is expected, pending events may strengthen a credit making the amount and timing of any loss indeterminable. In these situations taking the loss is inappropriate until it is clear that the pending event has failed to strengthen the credit and improve the capacity to repay debt.

Risk Rating 9: Loss

A credit that is considered to be currently uncollectible or of such little value that it is no longer a viable bank asset is risk rated 9. Losses should be taken in the accounting period in which the credit is determined to be uncollectible. Taking a loss does not mean that a credit has absolutely no recovery or salvage value but, rather, it is not practical or desirable to defer writing off the credit, even though partial recovery may occur in the future.

The following tables present the Company’s portfolio of risk-rated loans and non-risk-rated loans by grade or other characteristics as of June 30, 2018 and December 31, 2017 (in thousands):



	June 30, 2018
By class:	Pass (Risk Ratings 1-5)⁽¹⁾		Special Mention		Substandard		Doubtful		Loss		Total Loans
Commercial real estate:
Owner-occupied	$	1,223,858	$	13,613	$	19,259	$	—	$	—	$	1,256,730
Investment properties	1,912,516		—		8,274		—		—		1,920,790
Multifamily real estate	329,887		—		497		—		—		330,384
Commercial construction	166,089		—		—		—		—		166,089
Multifamily construction	147,576		—		—		—		—		147,576
One- to four-family construction	478,361		—		2,230		—		—		480,591
Land and land development:
Residential	152,083		10,453		799		—		—		163,335
Commercial	20,047		—		2,802		—		—		22,849
Commercial business	1,247,794		17,320		47,205		105		—		1,312,424
Agricultural business, including secured by farmland	323,137		4,952		8,620		—		—		336,709
One- to four-family residential	834,766		536		5,168		—		—		840,470
Consumer:
Consumer secured by one- to four-family	532,758		—		3,249		—		—		536,007
Consumer—other	170,548		11		219		—		—		170,778
Total	$	7,539,420	$	46,885	$	98,322	$	105	$	—	$	7,684,732



	December 31, 2017
By class:	Pass (Risk Ratings 1-5)⁽¹⁾		Special Mention		Substandard		Doubtful		Loss		Total Loans
Commercial real estate:
Owner-occupied	$	1,246,125	$	12,227	$	26,011	$	—	$	—	$	1,284,363
Investment properties	1,918,940		9,118		9,365		—		—		1,937,423
Multifamily real estate	313,432		—		756		—		—		314,188
Commercial construction	148,435		—		—		—		—		148,435
Multifamily construction	154,662		—		—		—		—		154,662
One- to four-family construction	411,802		—		3,525		—		—		415,327
Land and land development:
Residential	153,073		10,554		889		—		—		164,516
Commercial	21,665		—		2,918		—		—		24,583
Commercial business	1,213,365		12,135		54,282		112		—		1,279,894
Agricultural business, including secured by farmland	321,110		3,852		13,426		—		—		338,388
One- to four-family residential	842,304		569		5,416		—		—		848,289
Consumer:
Consumer secured by one- to four-family	520,675		—		2,256		—		—		522,931
Consumer—other	165,594		13		278		—		—		165,885
Total	$	7,431,182	$	48,468	$	119,122	$	112	$	—	$	7,598,884

⁽¹⁾

The Pass category includes some performing loans that are part of homogenous pools which are not individually risk-rated. This includes all consumer loans, all one- to four-family residential loans and, as of June 30, 2018 and December 31, 2017, in the commercial business category, $558.4 million and $296.8 million, respectively, of credit-scored small business loans. As loans in these pools become non-performing, they are individually risk-rated.

The following tables provide additional detail on the age analysis of the Company’s past due loans as of June 30, 2018 and December 31, 2017 (in thousands):



	June 30, 2018
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Purchased Credit-Impaired		Current		Total Loans		Loans 90 Days or More Past Due and Accruing		Non-accrual
Commercial real estate:
Owner-occupied	$	390	$	208	$	2,834	$	3,432	$	6,157	$	1,247,141	$	1,256,730	$	—	$	3,395
Investment properties	342		593		852		1,787		6,448		1,912,555		1,920,790		—		946
Multifamily real estate	—		—		—		—		164		330,220		330,384		—		—
Commercial construction	—		—		—		—		—		166,089		166,089		—		—
Multifamily construction	—		—		—		—		—		147,576		147,576		—		—
One-to-four-family construction	—		450		186		636		453		479,502		480,591		—		378
Land and land development:
Residential	—		—		1,582		1,582		—		161,753		163,335		784		798
Commercial	—		—		—		—		2,802		20,047		22,849		—		—
Commercial business	3,140		819		2,024		5,983		1,454		1,304,987		1,312,424		1		2,673
Agricultural business, including secured by farmland	320		—		1,712		2,032		396		334,281		336,709		—		1,712
One- to four-family residential	455		391		2,463		3,309		121		837,040		840,470		905		2,281
Consumer:
Consumer secured by one- to four-family	1,028		490		796		2,314		—		533,693		536,007		249		1,125
Consumer—other	439		120		4		563		68		170,147		170,778		4		51
Total	$	6,114	$	3,071	$	12,453	$	21,638	$	18,063	$	7,645,031	$	7,684,732	$	1,943	$	13,359



	December 31, 2017
	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Purchased Credit-Impaired		Current		Total Loans		Loans 90 Days or More Past Due and Accruing		Non-accrual
Commercial real estate:
Owner-occupied	$	5,323	$	76	$	5,490	$	10,889	$	7,682	$	1,265,792	$	1,284,363	$	—	$	6,447
Investment properties	1,737		—		4,096		5,833		7,166		1,924,424		1,937,423		—		4,199
Multifamily real estate	105		—		—		105		169		313,914		314,188		—		—
Commercial construction	—		—		—		—		—		148,435		148,435		—		—
Multifamily construction	3,416		—		—		3,416		—		151,246		154,662		—		—
One-to-four-family construction	4,892		725		298		5,915		446		408,966		415,327		298		—
Land and land development:
Residential	—		—		798		798		—		163,718		164,516		—		798
Commercial	—		—		—		—		2,919		21,664		24,583		—		—
Commercial business	1,574		404		2,577		4,555		2,159		1,273,180		1,279,894		18		3,406
Agricultural business, including secured by farmland	598		533		2,017		3,148		565		334,675		338,388		—		6,132
One-to four-family residential	4,475		1,241		2,715		8,431		136		839,722		848,289		1,085		3,264
Consumer:
Consumer secured by one- to four-family	1,355		62		713		2,130		—		520,801		522,931		85		1,239
Consumer—other	609		136		15		760		68		165,057		165,885		—		58
Total	$	24,084	$	3,177	$	18,719	$	45,980	$	21,310	$	7,531,594	$	7,598,884	$	1,486	$	25,543

The following tables provide additional information on the allowance for loan losses and loan balances individually and collectively evaluated for impairment at or for the three and six months ended June 30, 2018 and 2017 (in thousands):



	For the Three Months Ended June 30, 2018
	Commercial Real Estate			Multifamily Real Estate		Construction and Land			Commercial Business			Agricultural Business			One- to Four-Family Residential			Consumer			Unallocated			Total
Allowance for loan losses:
Beginning balance	$	23,461		$	2,592	$	28,766		$	19,885		$	2,999		$	3,779		$	5,514		$	5,211		$	92,207
Provision for loan losses	1,035			1,126		(1,743		)	(469		)	451			(203		)	264			1,539			2,000
Recoveries	216			—		11			100			41			356			106			—			830
Charge-offs	(299		)	—		—			(375		)	(329		)	—			(159		)	—			(1,162		)
Ending balance	$	24,413		$	3,718	$	27,034		$	19,141		$	3,162		$	3,932		$	5,725		$	6,750		$	93,875

	For the Six Months Ended June 30, 2018
	Commercial Real Estate			Multifamily Real Estate		Construction and Land			Commercial Business			Agricultural Business			One- to Four-Family Residential			Consumer			Unallocated			Total
Allowance for loan losses:
Beginning balance	$	22,824		$	1,633	$	27,568		$	18,311		$	4,053		$	2,055		$	3,866		$	8,718		$	89,028
Provision for loan losses	320			2,085		(719		)	1,454			(596		)	1,247			2,177			(1,968		)	4,000
Recoveries	1,568			—		185			270			41			646			218			—			2,928
Charge-offs	(299		)	—		—			(894		)	(336		)	(16		)	(536		)	—			(2,081		)
Ending balance	$	24,413		$	3,718	$	27,034		$	19,141		$	3,162		$	3,932		$	5,725		$	6,750		$	93,875



	June 30, 2018
	Commercial Real Estate		Multifamily Real Estate		Construction and Land		Commercial Business		Agricultural Business		One- to Four-Family Residential		Consumer		Unallocated		Total
Allowance for loan losses:
Individually evaluated for impairment	$	278	$	—	$	—	$	13	$	59	$	108	$	10	$	—	$	468
Collectively evaluated for impairment	24,135		3,718		27,034		19,095		3,043		3,824		5,715		6,750		93,314
Purchased credit-impaired loans	—		—		—		33		60		—		—		—		93
Total allowance for loan losses	$	24,413	$	3,718	$	27,034	$	19,141	$	3,162	$	3,932	$	5,725	$	6,750	$	93,875



Loan balances:
Individually evaluated for impairment	$	8,998	$	—	$	750	$	369	$	3,298	$	4,789	$	205	$	—	$	18,409
Collectively evaluated for impairment	3,155,917		330,220		976,435		1,310,601		333,015		835,560		706,512		—		7,648,260
Purchased credit-impaired loans	12,605		164		3,255		1,454		396		121		68		—		18,063
Total loans	$	3,177,520	$	330,384	$	980,440	$	1,312,424	$	336,709	$	840,470	$	706,785	$	—	$	7,684,732



	For the Three Months Ended June 30, 2017
	Commercial Real Estate			Multifamily Real Estate		Construction and Land			Commercial Business			Agricultural Business			One- to Four-Family Residential			Consumer			Unallocated		Total
Allowance for loan losses:
Beginning balance	$	20,472		$	1,378	$	29,464		$	19,768		$	3,245		$	1,974		$	3,840		$	6,386	$	86,527
Provision for loan losses	3,543			173		(3,176		)	356			648			(73		)	366			163		2,000
Recoveries	264			11		1,024			171			19			109			101			—		1,699
Charge-offs	(47		)	—		—			(1,169		)	(104		)	—			(320		)	—		(1,640		)
Ending balance	$	24,232		$	1,562	$	27,312		$	19,126		$	3,808		$	2,010		$	3,987		$	6,549	$	88,586

	For the Six Months Ended June 30, 2017
	Commercial Real Estate			Multifamily Real Estate		Construction and Land			Commercial Business			Agricultural Business			One- to Four-Family Residential			Consumer			Unallocated		Total
Allowance for loan losses:
Beginning balance	$	20,993		$	1,360	$	34,252		$	16,533		$	2,967		$	2,238		$	4,104		$	3,550	$	85,997
Provision for loan losses	2,952			191		(8,047		)	5,044			972			(482		)	371			2,999		4,000
Recoveries	334			11		1,107			344			132			254			195			—		2,377
Charge-offs	(47		)	—		—			(2,795		)	(263		)	—			(683		)	—		(3,788		)
Ending balance	$	24,232		$	1,562	$	27,312		$	19,126		$	3,808		$	2,010		$	3,987		$	6,549	$	88,586



	June 30, 2017
	Commercial Real Estate		Multifamily Real Estate		Construction and Land		Commercial Business		Agricultural Business		One- to Four-Family Residential		Consumer		Unallocated		Total
Allowance for loan losses:
Individually evaluated for impairment	$	270	$	61	$	116	$	59	$	238	$	324	$	12	$	—	$	1,080
Collectively evaluated for impairment	23,962		1,501		27,183		19,067		3,570		1,686		3,975		6,549		87,493
Purchased credit-impaired loans	—		—		13		—		—		—		—		—		13
Total allowance for loan losses	$	24,232	$	1,562	$	27,312	$	19,126	$	3,808	$	2,010	$	3,987	$	6,549	$	88,586



Loan balances:
Individually evaluated for impairment	$	8,164	$	345	$	2,281	$	6,737	$	3,799	$	5,228	$	220	$	—	$	26,774
Collectively evaluated for impairment	3,306,767		287,923		805,411		1,276,499		339,883		794,486		687,553		—		7,498,522
Purchased credit impaired loans	18,238		174		3,810		2,968		730		294		53		—		26,267
Total loans	$	3,333,169	$	288,442	$	811,502	$	1,286,204	$	344,412	$	800,008	$	687,826	$	—	$	7,551,563