Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 3. LOANS The composition of loans at December 31, 2018 2017 December 31, 2018 2017 (In Thousands) Commercial, financial and agricultural $ 2,513,225 $ 2,279,366 Real estate - construction 533,192 580,874 Real estate - mortgage: Owner-occupied commercial 1,463,887 1,328,666 1-4 family mortgage 621,634 603,063 Other mortgage 1,337,068 997,079 Total real estate - mortgage 3,422,589 2,928,808 Consumer 64,493 62,213 Total Loans 6,533,499 5,851,261 Less: Allowance for loan losses (68,600 ) (59,406 ) Net Loans $ 6,464,899 $ 5,791,855 Changes in the allowance for loan losses during the years ended December 31, 2018, 2017 2016, Years Ended December 31, 2018 2017 2016 (In Thousands) Balance, beginning of year $ 59,406 $ 51,893 $ 43,419 Loans charged off (12,753 ) (16,332 ) (5,198 ) Recoveries 545 620 274 Provision for loan losses 21,402 23,225 13,398 Balance, end of year $ 68,600 $ 59,406 $ 51,893 The Company assesses the adequacy of its allowance for loan losses at the end of each calendar quarter. The level of the allowance is based on management’s evaluation of the loan portfolios, past loan loss experience, current asset quality trends, known and inherent risks in the portfolio, adverse situations that may may may Commercial and industrial loans may may Real estate construction loans Real estate mortgage loans may Consumer loans The following table presents an analysis of the allowance for loan losses by portfolio segment as of December 31, 2018 2017. Changes in the allowance for loan losses, segregated by loan type, during the years ended December 31, 2018 2017, Commercial, Real estate - construction Real estate - mortgage Consumer Total (In Thousands) Year Ended December 31, 2018 Allowance for loan losses: Balance at December 31, 2017 $ 32,880 $ 4,989 $ 21,022 $ 515 $ 59,406 Charge-offs (11,428 ) - (1,042 ) (283 ) (12,753 ) Recoveries 349 112 46 38 545 Provision 17,215 (1,579 ) 5,482 284 21,402 Balance at December 31, 2018 $ 39,016 $ 3,522 $ 25,508 $ 554 $ 68,600 December 31, 2018 Individually Evaluated for Impairment $ 6,066 $ 126 $ 1,887 $ 49 $ 8,128 Collectively Evaluated for Impairment 32,950 3,396 23,621 505 60,472 Loans: Ending Balance $ 2,513,225 $ 533,192 $ 3,422,589 $ 64,493 $ 6,533,499 Individually Evaluated for Impairment 18,444 1,461 18,637 49 38,591 Collectively Evaluated for Impairment 2,494,781 531,731 3,403,952 64,444 6,494,908 Year Ended December 31, 2017 Allowance for loan losses: Balance at December 31, 2016 $ 28,872 $ 5,125 $ 17,504 $ 392 $ 51,893 Charge-offs (13,910 ) (56 ) (2,056 ) (310 ) (16,332 ) Recoveries 337 168 89 26 620 Provision 17,581 (248 ) 5,485 407 23,225 Balance at December 31, 2017 $ 32,880 $ 4,989 $ 21,022 $ 515 $ 59,406 December 31, 2017 Individually Evaluated for Impairment $ 4,276 $ 120 $ 1,163 $ 50 $ 5,609 Collectively Evaluated for Impairment 28,604 4,869 19,859 465 53,797 Loans: Ending Balance $ 2,279,366 $ 580,874 $ 2,928,808 $ 62,213 $ 5,851,261 Individually Evaluated for Impairment 26,447 1,571 12,404 88 40,510 Collectively Evaluated for Impairment 2,252,919 579,303 2,916,404 62,125 5,810,751 The credit quality of the loan portfolio is summarized no • Pass – loans which are well protected by the current net worth and paying capacity of the obligor (or obligors, if any) or by the fair value, less cost to acquire and sell, of any underlying collateral. • Special Mention – loans with potential weakness that may, not not not • Substandard – loans that exhibit well-defined weakness or weaknesses that presently jeopardize debt repayment. These loans are characterized by the distinct possibility that the institution will sustain some loss if the weaknesses are not • Doubtful – loans that have all the weaknesses inherent in loans classified substandard, plus the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. Loans by credit quality indicator as of December 31, 2018 2017 Special December 31, 2018 Pass Mention Substandard Doubtful Total (In Thousands) Commercial, financial and agricultural $ 2,447,052 $ 47,754 $ 18,419 $ - $ 2,513,225 Real estate - construction 525,021 6,749 1,422 - 533,192 Real estate - mortgage: Owner-occupied commercial 1,431,982 28,547 3,358 - 1,463,887 1-4 family mortgage 616,884 2,703 2,047 - 621,634 Other mortgage 1,309,101 16,506 11,461 - 1,337,068 Total real estate - mortgage 3,357,967 47,756 16,866 - 3,422,589 Consumer 64,444 - 49 - 64,493 Total $ 6,394,484 $ 102,259 $ 36,756 $ - $ 6,533,499 Special December 31, 2017 Pass Mention Substandard Doubtful Total (In Thousands) Commercial, financial and agricultural $ 2,225,084 $ 27,835 $ 26,447 $ - $ 2,279,366 Real estate - construction 572,657 6,691 1,526 - 580,874 Real estate - mortgage: Owner-occupied commercial 1,317,113 7,333 4,220 - 1,328,666 1-4 family mortgage 598,222 1,599 3,242 - 603,063 Other mortgage 976,348 18,122 2,609 - 997,079 Total real estate - mortgage 2,891,683 27,054 10,071 - 2,928,808 Consumer 62,083 42 88 - 62,213 Total $ 5,751,507 $ 61,622 $ 38,132 $ - $ 5,851,261 Nonperforming loans include nonaccrual loans and loans 90 December 31, 2018 2017 December 31, 2018 Performing Nonperforming Total (In Thousands) Commercial, financial and agricultural $ 2,502,117 $ 11,108 $ 2,513,225 Real estate - construction 532,195 997 533,192 Real estate - mortgage: Owner-occupied commercial 1,460,529 3,358 1,463,887 1-4 family mortgage 619,465 2,169 621,634 Other mortgage 1,327,038 10,030 1,337,068 Total real estate - mortgage 3,407,032 15,557 3,422,589 Consumer 64,385 108 64,493 Total $ 6,505,729 $ 27,770 $ 6,533,499 December 31, 2017 Performing Nonperforming Total (In Thousands) Commercial, financial and agricultural $ 2,269,642 $ 9,724 $ 2,279,366 Real estate - construction 580,874 - 580,874 Real estate - mortgage: Owner-occupied commercial 1,328,110 556 1,328,666 1-4 family mortgage 602,604 459 603,063 Other mortgage 997,079 - 997,079 Total real estate - mortgage 2,927,793 1,015 2,928,808 Consumer 62,127 86 62,213 Total $ 5,840,436 $ 10,825 $ 5,851,261 Loans by past due status as of December 31, 2018 2017 December 31, 2018 Past Due Status (Accruing Loans) Total Past 30-59 Days 60-89 Days 90+ Days Due Non-Accrual Current Total Loans (In Thousands) Commercial, financial and agricultural $ 1,222 $ 48 $ 605 $ 1,875 $ 10,503 $ 2,500,847 $ 2,513,225 Real estate - construction - 1,352 - 1,352 997 530,843 533,192 Real estate - mortgage: Owner-occupied commercial 412 - - 412 3,358 1,460,117 1,463,887 1-4 family mortgage 534 235 123 892 2,046 618,696 621,634 Other mortgage 1,174 - 5,008 6,182 5,022 1,325,864 1,337,068 Total real estate - mortgage 2,120 235 5,131 7,486 10,426 3,404,677 3,422,589 Consumer 58 123 108 289 - 64,204 64,493 Total $ 3,400 $ 1,758 $ 5,844 $ 11,002 $ 21,926 $ 6,500,571 $ 6,533,499 December 31, 2017 Past Due Status (Accruing Loans) Total Past 30-59 Days 60-89 Days 90+ Days Due Non-Accrual Current Total Loans (In Thousands) Commercial, financial and agricultural $ 1,410 $ 5,702 $ 12 $ 7,124 $ 9,712 $ 2,262,530 $ 2,279,366 Real estate - construction 56 997 - 1,053 - 579,821 580,874 Real estate - mortgage: Owner-occupied commercial - 3,664 - 3,664 556 1,324,446 1,328,666 1-4 family mortgage 430 850 - 1,280 459 601,324 603,063 Other mortgage 5,116 - - 5,116 - 991,963 997,079 Total real estate - mortgage 5,546 4,514 - 10,060 1,015 2,917,733 2,928,808 Consumer 131 23 48 202 38 61,973 62,213 Total $ 7,143 $ 11,236 $ 60 $ 18,439 $ 10,765 $ 5,822,057 $ 5,851,261 Fair value estimates for specifically impaired loans are derived from appraised values based on the current market value or as is value of the property, normally from recently received and reviewed appraisals. Appraisals are obtained from state-certified appraisers and are based on certain assumptions, which may may The following table presents details of the Company’s impaired loans as of December 31, 2018 2017, not December 31, 2018 Unpaid Average Interest Income Recorded Principal Related Recorded Recognized Investment Balance Allowance Investment in Period (In Thousands) With no allowance recorded: Commercial, financial and agricultural $ 6,064 $ 6,064 $ - $ 6,142 $ 237 Real estate - construction 464 467 - 524 28 Real estate - mortgage: Owner-occupied commercial 1,763 1,947 - 2,223 120 1-4 family mortgage 1,071 1,071 - 1,088 21 Other mortgage 5,061 5,061 - 5,133 252 Total real estate - mortgage 7,895 8,079 - 8,444 393 Consumer - - - - - Total with no allowance recorded 14,423 14,610 - 15,110 658 With an allowance recorded: Commercial, financial and agricultural 12,380 20,141 6,066 15,918 462 Real estate - construction 997 997 126 997 31 Real estate - mortgage: Owner-occupied commercial 3,358 3,358 99 3,364 105 1-4 family mortgage 975 975 208 975 30 Other mortgage 6,409 6,409 1,580 6,598 217 Total real estate - mortgage 10,742 10,742 1,887 10,937 352 Consumer 49 49 49 49 3 Total with allowance recorded 24,168 31,929 8,128 27,901 848 Total Impaired Loans: Commercial, financial and agricultural 18,444 26,205 6,066 22,060 699 Real estate - construction 1,461 1,464 126 1,521 59 Real estate - mortgage: Owner-occupied commercial 5,121 5,305 99 5,587 225 1-4 family mortgage 2,046 2,046 208 2,063 51 Other mortgage 11,470 11,470 1,580 11,731 469 Total real estate - mortgage 18,637 18,821 1,887 19,381 745 Consumer 49 49 49 49 3 Total impaired loans $ 38,591 $ 46,539 $ 8,128 $ 43,011 $ 1,506 December 31, 2017 Unpaid Average Interest Income Recorded Principal Related Recorded Recognized in Investment Balance Allowance Investment Period (In Thousands) With no allowance recorded: Commercial, financial and agricultural $ 10,036 $ 16,639 $ - $ 16,417 $ 571 Real estate - construction 574 577 - 663 31 Real estate - mortgage: Owner-occupied commercial 2,640 2,806 - 2,875 159 1-4 family mortgage 2,262 2,262 - 2,289 93 Other mortgage 746 746 - 727 44 Total real estate - mortgage 5,648 5,814 - 5,891 296 Consumer 38 39 - 42 3 Total with no allowance recorded 16,296 23,069 - 23,013 901 With an allowance recorded: Commercial, financial and agricultural 16,411 16,992 4,276 17,912 651 Real estate - construction 997 997 120 997 56 Real estate - mortgage: Owner-occupied commercial 3,914 3,914 601 3,801 215 1-4 family mortgage 980 980 281 1,113 54 Other mortgage 1,862 1,862 281 1,862 80 Total real estate - mortgage 6,756 6,756 1,163 6,776 349 Consumer 50 50 50 42 3 Total with allowance recorded 24,214 24,795 5,609 25,727 1,059 Total Impaired Loans: Commercial, financial and agricultural 26,447 33,631 4,276 34,329 1,222 Real estate - construction 1,571 1,574 120 1,660 87 Real estate - mortgage: Owner-occupied commercial 6,554 6,720 601 6,676 374 1-4 family mortgage 3,242 3,242 281 3,402 147 Other mortgage 2,608 2,608 281 2,589 124 Total real estate - mortgage 12,404 12,570 1,163 12,667 645 Consumer 88 89 50 84 6 Total impaired loans $ 40,510 $ 47,864 $ 5,609 $ 48,740 $ 1,960 Troubled Debt Restructurings (“TDR”) at December 31, 2018 2017 $14.6 $20.6 $4.3 December 31, 2018 2017, December 31, 2018 2017 Year Ended December 31, 2018 Pre- Post- Modification Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment (In Thousands) Troubled Debt Restructurings Commercial, financial and agricultural 6 $ 7,242 $ 7,242 Real estate - construction 1 997 997 Real estate - mortgage: Owner-occupied commercial 2 3,664 3,664 1-4 family mortgage 1 850 850 Other mortgage - - - Total real estate - mortgage 3 4,514 4,514 Consumer - - - 10 $ 12,753 $ 12,753 Year ended December 31, 2017 Pre- Post- Modification Modification Outstanding Outstanding Number of Recorded Recorded Contracts Investment Investment Commercial, financial and agricultural 6 $ 11,438 $ 11,438 Real estate - construction 1 997 997 Real estate - mortgage: Owner-occupied commercial 2 3,664 3,664 1-4 family mortgage 1 850 850 Other mortgage - - - Total real estate - mortgage 3 4,514 4,514 Consumer - - - 10 $ 16,949 $ 16,949 The following table presents TDRs by portfolio segment which defaulted during the years ended December 31, 2018 2017, twelve twelve 90 Year Ended December 31, 2018 2017 Defaulted during the period, where modified in a TDR twelve months prior to default Commercial, financial and agricultural $ 6,900 $ - Real estate - construction 997 - Real estate - mortgage: Owner occupied commercial 3,664 - 1-4 family mortgage 850 - Other mortgage - - Total real estate - mortgage 4,514 - Consumer - - $ 12,411 $ - In the ordinary course of business, the Company has granted loans to certain related parties, including directors, and their affiliates. The interest rates on these loans were substantially the same as rates prevailing at the time of the transaction and repayment terms are customary for the type of loan. Changes in related party loans for the years ended December 31, 2018 2017 Years Ended December 31, 2018 2017 (In Thousands) Balance, beginning of year $ 8,440 $ 10,806 Additions 4,174 - Advances 3,657 7,351 Repayments (10,843 ) (9,717 ) Balance, end of year $ 5,428 $ 8,440 |