Allowance for Loan and Lease Losses and Reserve for Unfunded Commitments | Note 6—Allowance for Loans and leases The following March 31, 2018 Commercial Real Estate Residential Real Estate Construction, Land Development, and Other Land Commercial and Industrial Installment and Other Lease Financing Receivables Total Allowance for loan and lease losses Three months ended Beginning balance $ 4,794 $ 1,638 $ 222 $ 7,418 $ 41 $ 2,593 $ 16,706 Provisions (releases) 934 (74 ) 397 3,424 20 414 5,115 Charge-offs (409 ) — (418 ) (3,085 ) — (510 ) (4,422 ) Recoveries — — — 6 — 235 241 Ending balance $ 5,319 $ 1,564 $ 201 $ 7,763 $ 61 $ 2,732 $ 17,640 Ending balance: Individually evaluated for impairment $ 1,572 $ 153 $ — $ 2,963 $ 14 $ — $ 4,702 Collectively evaluated for impairment 1,827 1,036 177 3,626 11 2,732 9,409 Loans acquired with deteriorated credit quality 1,920 375 24 1,174 36 — 3,529 Total allowance for loan and lease losses $ 5,319 $ 1,564 $ 201 $ 7,763 $ 61 $ 2,732 $ 17,640 March 31, 2018 Commercial Real Estate Residential Real Estate Construction, Land Development, and Other Land Commercial and Industrial Installment and Other Lease Financing Receivables Total Loans and leases ending balance: Individually evaluated for impairment $ 12,375 $ 2,029 $ — $ 12,598 $ 14 $ — $ 27,016 Collectively evaluated for impairment 670,538 426,272 111,914 548,076 3,667 181,461 1,941,928 Loans acquired with deteriorated credit quality 157,956 139,858 5,156 8,055 449 — 311,474 Total loans and leases $ 840,869 $ 568,159 $ 117,070 $ 568,729 $ 4,130 $ 181,461 $ 2,280,418 March 31, 2017 Commercial Real Estate Residential Real Estate Construction, Land Development, and Other Land Commercial and Industrial Installment and Other Lease Financing Receivables Total Allowance for loan and lease losses Three months ended Beginning balance $ 1,945 $ 2,483 $ 742 $ 4,196 $ 334 $ 1,223 $ 10,923 Provisions (releases) 340 1 (325 ) 855 (3 ) 1,023 1,891 Charge-offs (238 ) (67 ) — (215 ) — (770 ) (1,290 ) Recoveries — — — — — 293 293 Ending balance $ 2,047 $ 2,417 $ 417 $ 4,836 $ 331 $ 1,769 $ 11,817 Ending balance: Individually evaluated for impairment $ — $ 282 $ 26 $ 966 $ 325 $ — $ 1,599 Collectively evaluated for impairment 1,622 1,470 391 3,210 5 1,769 8,467 Loans acquired with deteriorated credit quality 425 665 — 660 1 — 1,751 Total allowance for loan and lease losses $ 2,047 $ 2,417 $ 417 $ 4,836 $ 331 $ 1,769 $ 11,817 March 31, 2017 Commercial Real Estate Residential Real Estate Construction, Land Development, and Other Land Commercial and Industrial Installment and Other Lease Financing Receivables Total Loans and leases ending balance: Individually evaluated for impairment $ 9,764 $ 1,262 $ 85 $ 3,317 $ 327 $ — $ 14,755 Collectively evaluated for impairment 611,397 430,469 99,114 432,036 2,054 162,675 1,737,745 Loans acquired with deteriorated credit quality 201,689 169,676 6,116 13,114 439 — 391,034 Total loans and leases $ 822,850 $ 601,407 $ 105,315 $ 448,467 $ 2,820 $ 162,675 $ 2,143,534 The Company increased the allowance for loan and lease losses by $934,000 and $894,000 for the three months ended March 31, 2018 and 2017, respectively. For acquired impaired loans, the Company decreased the allowance for loan and lease losses by $345,000 for the three months ended March 31, 2018. The Company increased the allowance for loan and lease losses for acquired impaired loans by $140,000 for the three months ended March 31, 2017. The following and March 31, 2018 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded Commercial real estate $ 6,151 $ 7,116 $ — Residential real estate 1,682 1,653 — Commercial and industrial 6,441 7,678 — With an allowance recorded Commercial real estate 6,224 7,684 1,572 Residential real estate 347 345 153 Commercial and industrial 6,157 9,160 2,963 Installment and other 14 14 14 Total impaired loans $ 27,016 $ 33,650 $ 4,702 December 31, 2017 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded Commercial real estate $ 11,425 $ 12,936 $ — Residential real estate 2,075 2,046 — Commercial and industrial 5,470 6,774 — With an allowance recorded Commercial real estate 2,459 2,634 1,101 Residential real estate 354 351 158 Commercial and industrial 9,314 9,724 2,692 Installment and other 14 14 14 Total impaired loans $ 31,111 $ 34,479 $ 3,965 The following tables summarize the average recorded investment and interest income recognized for loans and leases considered impaired, which excludes acquired impaired loans, for the periods ended as follows: March 31, 2018 Average Recorded Investment Interest Income Recognized With no related allowance recorded Commercial real estate $ 9,039 $ 103 Residential real estate 1,930 10 Commercial and industrial 7,300 62 With an allowance recorded Commercial real estate 4,122 37 Residential real estate 351 1 Commercial and industrial 6,975 102 Installment and other 14 — Total impaired loans $ 29,731 $ 315 March 31, 2017 Average Recorded Investment Interest Income Recognized With no related allowance recorded Commercial real estate $ 9,798 $ 130 Residential real estate 787 7 Commercial and industrial 1,402 60 With an allowance recorded Residential real estate 488 1 Construction, land development and other land 86 6 Commercial and industrial 1,881 3 Installment and other 328 4 Total impaired loans $ 14,770 $ 211 For purposes The following March 31, 2018 Commercial Real Estate Residential Real Estate Construction, Land Development, and Other Land Commercial and Industrial Installment and Other Lease Financing Receivables Total Pass $ 593,209 $ 393,416 $ 85,634 $ 465,449 $ 3,648 $ 178,759 $ 1,720,115 Watch 65,816 29,875 23,127 64,914 2 159 183,893 Special Mention 10,665 2,573 3,153 12,272 17 1,092 29,772 Substandard 13,223 2,437 — 18,039 14 1,162 34,875 Doubtful — — — — — 289 289 Loss — — — — — — — Total $ 682,913 $ 428,301 $ 111,914 $ 560,674 $ 3,681 $ 181,461 $ 1,968,944 December 31, 2017 Commercial Real Estate Residential Real Estate Construction, Land Development, and Other Land Commercial and Industrial Installment and Other Lease Financing Receivables Total Pass $ 638,066 $ 398,743 $ 73,935 $ 415,163 $ 3,732 $ 174,672 $ 1,704,311 Watch 58,217 29,165 22,380 67,024 20 190 176,996 Special Mention 14,645 2,251 3,168 13,535 — 1,293 34,892 Substandard 14,053 2,497 — 15,508 14 1,259 33,331 Doubtful — — — — — 272 272 Loss — — — — — — — Total $ 724,981 $ 432,656 $ 99,483 $ 511,230 $ 3,766 $ 177,686 $ 1,949,802 The following tables summarize contractual delinquency information for acquired non-impaired and originated loans and leases by category at March 31, 2018 and December 31, 2017: March 31, 2018 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days and Accruing Non- accrual Total Past Due Current Total Commercial real estate $ 9,266 $ — $ — $ 8,194 $ 17,460 $ 665,453 $ 682,913 Residential real estate 79 — — 1,848 1,927 426,374 428,301 Construction, land development, and other land — — — — — 111,914 111,914 Commercial and industrial 10,064 1,704 — 12,916 24,684 535,990 560,674 Installment and other 17 — — 14 31 3,650 3,681 Lease financing receivables 1,282 377 — 654 2,313 179,148 181,461 Total $ 20,708 $ 2,081 $ — $ 23,626 $ 46,415 $ 1,922,529 $ 1,968,944 December 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days and Accruing Non- accrual Total Past Due Current Total Commercial real estate $ 4,783 $ 968 $ — $ 8,459 $ 14,210 $ 710,771 $ 724,981 Residential real estate 148 — — 2,092 2,240 430,416 432,656 Construction, land development, and other land — — — — — 99,483 99,483 Commercial and industrial 6,667 967 — 4,348 11,982 499,248 511,230 Installment and other 18 — — 14 32 3,734 3,766 Lease financing receivables 997 638 — 851 2,486 175,200 177,686 Total $ 12,613 $ 2,573 $ — $ 15,764 $ 30,950 $ 1,918,852 $ 1,949,802 At March 31, 2018 and December 31, 2017, the a of $215,000 and $357,000 March 31, 2018 and December 31, 2017 Loans modified three months ended March 31, 2018 At March 31, 2018 and December 31, 2017, the three months ended March 31, 2018 and 2017 |