Loans and Allowance for Loan Losses | Note 4 - Loans and Allowance for Loan Losses The following tables provide a summary of current, accruing past due, and non-accrual loans separately reported by originated (loans originated, renewed, refinanced, modified, or otherwise underwritten by Synovus) and acquired loans from business combinations by portfolio class as of June 30, 2019 and December 31, 2018 . See "Part I - Item 1. Financial Statements and Supplementary Data - Note 1 - Basis of Presentation" in this Report for more information on Synovus' accounting for purchased loans. Current, Accruing Past Due, and Non-accrual Originated Loans June 30, 2019 (in thousands) Current Accruing 30-89 Days Past Due Accruing 90 Days or Greater Past Due Total Accruing Past Due Non-accrual Total Commercial, financial and agricultural $ 7,712,371 $ 19,804 $ 462 $ 20,266 $ 68,573 $ 7,801,210 Owner-occupied 5,348,232 6,331 284 6,615 11,557 5,366,404 Total commercial and industrial 13,060,603 26,135 746 26,881 80,130 13,167,614 Investment properties 5,924,501 1,525 881 2,406 799 5,927,706 1-4 family properties 639,534 2,296 — 2,296 1,618 643,448 Land and development 359,921 1,874 158 2,032 2,735 364,688 Total commercial real estate 6,923,956 5,695 1,039 6,734 5,152 6,935,842 Consumer mortgages 3,175,355 4,494 550 5,044 13,628 3,194,027 Home equity lines 1,569,312 4,783 265 5,048 13,494 1,587,854 Credit cards 253,331 2,503 2,449 4,952 — 258,283 Other consumer loans 2,213,665 18,272 802 19,074 4,667 2,237,406 Total consumer 7,211,663 30,052 4,066 34,118 31,789 7,277,570 Total loans $ 27,196,222 $ 61,882 $ 5,851 $ 67,733 $ 117,071 $ 27,381,026 (1) Current, Accruing Past Due, and Non-accrual Acquired Loans June 30, 2019 (in thousands) Current Accruing 30-89 Days Past Due (2) Accruing 90 Days or Greater Past Due (2) Total Accruing Past Due (2) Non-accrual (2) ASC 310-30 Loans Discount/Premium Total Commercial, financial and agricultural $ 754,672 $ 317 $ — $ 317 $ — $ 1,177,713 $ (16,166 ) $ 1,916,536 Owner-occupied 69,569 — — — — 1,098,670 (4,846 ) 1,163,393 Total commercial and industrial 824,241 317 — 317 — 2,276,383 (21,012 ) 3,079,929 Investment properties 991,090 — — — — 2,105,867 (19,563 ) 3,077,394 1-4 family properties 49,695 — — — 174 55,192 (1,119 ) 103,942 Land and development 125,101 — — — — 109,342 (3,174 ) 231,269 Total commercial real estate 1,165,886 — — — 174 2,270,401 (23,856 ) 3,412,605 Consumer mortgages 132,011 — — — — 2,165,966 (84,242 ) 2,213,735 Home equity lines 65,112 155 — 155 55 5,088 (7,519 ) 62,891 Other consumer loans 308 — — — — 12,902 (1,279 ) 11,931 Total consumer 197,431 155 — 155 55 2,183,956 (93,040 ) 2,288,557 Total loans $ 2,187,558 $ 472 $ — $ 472 $ 229 $ 6,730,740 $ (137,908 ) $ 8,781,091 (3) Current, Accruing Past Due, and Non-accrual Loans December 31, 2018 (in thousands) Current Accruing 30-89 Days Past Due Accruing 90 Days or Greater Past Due Total Accruing Past Due Non-accrual Total Commercial, financial and agricultural $ 7,372,301 $ 7,988 $ 114 $ 8,102 $ 69,295 $ 7,449,698 Owner-occupied 5,317,023 5,433 81 5,514 8,971 5,331,508 Total commercial and industrial 12,689,324 13,421 195 13,616 78,266 12,781,206 Investment properties 5,557,224 1,312 34 1,346 2,381 5,560,951 1-4 family properties 674,648 2,745 96 2,841 2,381 679,870 Land and development 319,978 739 — 739 2,953 323,670 Total commercial real estate 6,551,850 4,796 130 4,926 7,715 6,564,491 Consumer mortgages 2,922,136 7,150 — 7,150 4,949 2,934,235 Home equity lines 1,496,562 7,092 28 7,120 12,114 1,515,796 Credit cards 252,832 3,066 2,347 5,413 — 258,245 Other consumer loans 1,894,352 17,604 1,098 18,702 3,689 1,916,743 Total consumer 6,565,882 34,912 3,473 38,385 20,752 6,625,019 Total loans $ 25,807,056 $ 53,129 $ 3,798 $ 56,927 $ 106,733 $ 25,970,716 (4) (1) Total before net deferred fees and costs of $23.6 million . (2) For purposes of this table, non-performing and past due loans exclude acquired loans accounted for under ASC 310-30. (3) Represents $9.29 billion (at fair value) of loans acquired from FCB, net of paydowns and payoffs since acquisition date. (4) Total before net deferred fees and costs of $24.1 million . Loans with carrying values of $12.16 billion and $8.40 billion were pledged as collateral for borrowings and capacity at June 30, 2019 and December 31, 2018 , respectively, to the FHLB and Federal Reserve Bank. The credit quality of the loan portfolio is reviewed and updated no less frequently than quarterly using the standard asset classification system utilized by the federal banking agencies. These classifications are divided into three groups – Not Criticized (Pass), Special Mention, and Classified or Adverse rating (Substandard, Doubtful, and Loss) and are defined as follows: Pass - loans which are well protected by the current net worth and paying capacity of the obligor (or guarantors, if any) or by the fair value, less cost to acquire and sell in a timely manner, of any underlying collateral. Special Mention - loans which have potential weaknesses that deserve management's close attention. These loans are not adversely classified and do not expose an institution to sufficient risk to warrant an adverse classification. Substandard - loans which are inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. Loans with this classification are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful - loans which have all the weaknesses inherent in loans classified as Substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable on the basis of currently known facts, conditions, and values. Loss - loans which are considered by management to be uncollectible and of such little value that their continuance on the institution's books as an asset, without establishment of a specific valuation allowance or charge-off, is not warranted. Synovus fully reserves for any loans rated as Loss. In the following tables, consumer loans are generally assigned a risk grade similar to the classifications described above; however, upon reaching 90 days and 120 days past due, they are generally downgraded to Substandard and Loss, respectively, in accordance with the FFIEC Retail Credit Classification Policy. Additionally, in accordance with Interagency Supervisory Guidance, the risk grade classifications of consumer loans (consumer mortgages and home equity lines) secured by junior liens on 1-4 family residential properties also consider available information on the payment status of any associated senior liens with other financial institutions. Originated Loan Portfolio Credit Exposure by Risk Grade June 30, 2019 (in thousands) Pass Special Mention Substandard (1) Doubtful (2) Loss (3) Total Commercial, financial and agricultural $ 7,534,124 $ 117,878 $ 144,660 $ 4,548 $ — $ 7,801,210 Owner-occupied 5,268,926 17,844 79,561 73 — 5,366,404 Total commercial and industrial 12,803,050 135,722 224,221 4,621 — 13,167,614 Investment properties 5,860,735 22,206 44,765 — — 5,927,706 1-4 family properties 631,648 3,610 8,190 — — 643,448 Land and development 342,427 9,880 12,381 — — 364,688 Total commercial real estate 6,834,810 35,696 65,336 — — 6,935,842 Consumer mortgages 3,179,300 — 13,708 943 76 3,194,027 Home equity lines 1,572,002 — 14,362 21 1,469 1,587,854 Credit cards 255,836 — 934 — 1,513 (4) 258,283 Other consumer loans 2,232,459 — 4,947 — — 2,237,406 Total consumer 7,239,597 — 33,951 964 3,058 7,277,570 Total loans $ 26,877,457 $ 171,418 $ 323,508 $ 5,585 $ 3,058 $ 27,381,026 (5) Acquired Loan Portfolio Credit Exposure by Risk Grade June 30, 2019 (in thousands) Pass Special Mention Substandard (1) Doubtful Loss Total Commercial, financial and agricultural $ 1,881,798 $ 19,981 $ 14,757 $ — $ — $ 1,916,536 Owner-occupied 1,153,900 5,686 3,807 — — 1,163,393 Total commercial and industrial 3,035,698 25,667 18,564 — — 3,079,929 Investment properties 3,035,213 6,439 35,742 — — 3,077,394 1-4 family properties 101,480 — 2,462 — — 103,942 Land and development 231,141 128 — — — 231,269 Total commercial real estate 3,367,834 6,567 38,204 — — 3,412,605 Consumer mortgages 2,213,735 — — — — 2,213,735 Home equity lines 62,746 — 145 — — 62,891 Other consumer loans 11,931 — — — — 11,931 Total consumer 2,288,412 — 145 — — 2,288,557 Total loans $ 8,691,944 $ 32,234 $ 56,913 $ — $ — $ 8,781,091 (6) Loan Portfolio Credit Exposure by Risk Grade December 31, 2018 (in thousands) Pass Special Mention Substandard (1) Doubtful (2) Loss (3) Total Commercial, financial and agricultural $ 7,190,517 $ 118,188 $ 140,218 $ 775 $ — $ 7,449,698 Owner-occupied 5,212,473 55,038 63,572 425 — 5,331,508 Total commercial and industrial 12,402,990 173,226 203,790 1,200 — 12,781,206 Investment properties 5,497,344 40,516 23,091 — — 5,560,951 1-4 family properties 663,692 6,424 9,754 — — 679,870 Land and development 297,855 12,786 13,029 — — 323,670 Total commercial real estate 6,458,891 59,726 45,874 — — 6,564,491 Consumer mortgages 2,926,712 — 7,425 98 — 2,934,235 Home equity lines 1,501,316 — 13,130 174 1,176 1,515,796 Credit cards 255,904 — 858 — 1,483 (4) 258,245 Other consumer loans 1,912,902 — 3,841 — — 1,916,743 Total consumer 6,596,834 — 25,254 272 2,659 6,625,019 Total loans $ 25,458,715 $ 232,952 $ 274,918 $ 1,472 $ 2,659 $ 25,970,716 (7) (1) Includes $265.0 million and $172.3 million of Substandard accruing loans at June 30, 2019 and December 31, 2018 , respectively. (2) The loans within this risk grade are on non-accrual status and generally have an allowance for loan losses equal to 50% of the loan amount. (3) The loans within this risk grade are on non-accrual status and have an allowance for loan losses equal to the full loan amount. (4) Represent amounts that were 120 days past due. These credits are downgraded to the Loss category with an allowance for loan losses equal to the full loan amount and are generally charged off upon reaching 181 days past due in accordance with the FFIEC Retail Credit Classification Policy. (5) Total before net deferred fees and costs of $23.6 million . (6) Represents $9.29 billion (at fair value) of loans acquired from FCB, net of paydowns and payoffs since acquisition date. (7) Total before net deferred fees and costs of $24.1 million . Acquired loans As discussed in "Part I - Item 1. Financial Statements and Supplementary Data - Note 2 - Acquisitions" , on January 1, 2019, Synovus acquired loans from FCB with fair values of $9.29 billion net of total discount of $168.0 million . At the Acquisition Date, the contractual required payments receivable on the purchased loans accounted for under ASC 310-20 totaled $2.45 billion , with a corresponding fair value of $2.15 billion . The estimated cash flows not expected to be collected at the Acquisition Date were $39.5 million . Information about the acquired FCB loan portfolio accounted for under ASC 310-30 as of the Acquisition Date is in the following table. (in thousands) ASC 310-30 Loans Contractually required principal and interest at acquisition $ 8,377,942 Non-accretable difference (expected losses and foregone interest) (163,147 ) Cash flows expected to be collected at acquisition 8,214,795 Accretable yield (1,066,689 ) Basis in ASC 310-30 loans at acquisition $ 7,148,106 The following table is a summary of changes in the accretable difference for all loans accounted for under ASC 310-30 for the six months ended June 30, 2019 . (in thousands) Six Months Ended June 30, 2019 Beginning balance $ — Additions 1,066,689 Transfers from non-accretable difference to accretable yield (1) 13,516 Accretion (182,944 ) Changes in expected cash flows not affecting non-accretable differences (2) 24,929 Ending balance $ 922,190 (1) Represents improvement in the credit component of expected cash flows. (2) Includes changes in cash flows expected to be collected due to the impact of changes in actual or expected timing of liquidation events, modifications, changes in interest rates and changes in prepayment assumptions. The following tables detail the changes in the allowance for loan losses by loan segment for the three and six months ended June 30, 2019 and 2018 . Allowance for Loan Losses and Recorded Investment in Loans As Of and For The Three Months Ended June 30, 2019 (in thousands) Commercial & Industrial Commercial Real Estate Consumer Total Allowance for loan losses: Beginning balance $ 135,639 $ 69,009 $ 52,388 $ 257,036 Charge-offs (11,095 ) (861 ) (4,909 ) (16,865 ) Recoveries 1,821 1,954 1,311 5,086 Provision for (reversal of) loan losses 11,639 (6,639 ) 7,119 12,119 Ending balance (1) $ 138,004 $ 63,463 $ 55,909 $ 257,376 Ending balance: individually evaluated for impairment $ 16,126 $ 1,229 $ 811 $ 18,166 Ending balance: collectively evaluated for impairment $ 121,878 $ 62,234 $ 55,098 $ 239,210 Loans: Ending balance: total loans (2) $ 16,247,543 $ 10,348,447 $ 9,566,127 $ 36,162,117 Ending balance: individually evaluated for impairment $ 135,548 $ 28,231 $ 31,713 $ 195,492 Ending balance: collectively evaluated for impairment (3) $ 13,857,183 $ 8,070,437 $ 7,433,959 $ 29,361,579 Ending balance: acquired loans accounted for under ASC 310-30 (4) $ 2,254,812 $ 2,249,779 $ 2,100,455 $ 6,605,046 As Of and For The Three Months Ended June 30, 2018 (in thousands) Commercial & Industrial Commercial Real Estate Consumer Total Allowance for loan losses: Beginning balance $ 134,745 $ 73,991 $ 49,028 $ 257,764 Charge-offs (15,770 ) (523 ) (5,211 ) (21,504 ) Recoveries 1,635 480 1,560 3,675 Provision for loan losses 9,725 1,257 808 11,790 Ending balance $ 130,335 $ 75,205 $ 46,185 $ 251,725 Ending balance: individually evaluated for impairment $ 9,474 $ 4,687 $ 771 $ 14,932 Ending balance: collectively evaluated for impairment $ 120,861 $ 70,518 $ 45,414 $ 236,793 Loans: Ending balance: total loans (5)(6) $ 12,275,472 $ 6,644,171 $ 6,237,130 $ 25,156,773 Ending balance: individually evaluated for impairment $ 107,544 $ 53,805 $ 27,676 $ 189,025 Ending balance: collectively evaluated for impairment $ 12,167,928 $ 6,590,366 $ 6,209,454 $ 24,967,748 (1) As of and for the three months ended June 30, 2019 , there was no allowance for loan losses for acquired loans accounted for under ASC 310-30. (2) Total before net deferred fees and costs of $23.6 million . (3) These loans are presented net of the remaining fair value discount of $12.2 million at June 30, 2019 . (4) These loans are presented net of the remaining fair value discount of $125.7 million at June 30, 2019 . (5) Total before net deferred fees and costs of $22.7 million . (6) As of and for the three months ended June 30, 2018 , there were no purchased credit-impaired loans and no allowance for loan losses for purchased credit-impaired loans. Allowance for Loan Losses and Recorded Investment in Loans As Of and For The Six Months Ended June 30, 2019 (in thousands) Commercial & Industrial Commercial Real Estate Consumer Total Allowance for loan losses: Beginning balance $ 133,123 $ 68,796 $ 48,636 $ 250,555 Charge-offs (24,133 ) (2,093 ) (11,337 ) (37,563 ) Recoveries 3,810 2,298 2,588 8,696 Provision for (reversal of) loan losses 25,204 (5,538 ) 16,022 35,688 Ending balance (1) $ 138,004 $ 63,463 $ 55,909 $ 257,376 Ending balance: individually evaluated for impairment $ 16,126 $ 1,229 $ 811 $ 18,166 Ending balance: collectively evaluated for impairment $ 121,878 $ 62,234 $ 55,098 $ 239,210 Loans: Ending balance: total loans (2) $ 16,247,543 $ 10,348,447 $ 9,566,127 $ 36,162,117 Ending balance: individually evaluated for impairment $ 135,548 $ 28,231 $ 31,713 $ 195,492 Ending balance: collectively evaluated for impairment (3) $ 13,857,183 $ 8,070,437 $ 7,433,959 $ 29,361,579 Ending balance: acquired loans accounted for under ASC 310-30 (4) $ 2,254,812 $ 2,249,779 $ 2,100,455 $ 6,605,046 As Of and For The Six Months Ended June 30, 2018 (in thousands) Commercial & Industrial Commercial Real Estate Consumer Total Allowance for loan losses: Beginning balance $ 126,803 $ 74,998 $ 47,467 $ 249,268 Charge-offs (23,786 ) (2,446 ) (9,894 ) (36,126 ) Recoveries 3,995 6,964 3,058 14,017 Provision for (reversal of) loan losses 23,323 (4,311 ) 5,554 24,566 Ending balance $ 130,335 $ 75,205 $ 46,185 $ 251,725 Ending balance: individually evaluated for impairment $ 9,474 $ 4,687 $ 771 $ 14,932 Ending balance: collectively evaluated for impairment $ 120,861 $ 70,518 $ 45,414 $ 236,793 Loans: Ending balance: total loans (5)(6) $ 12,275,472 $ 6,644,171 $ 6,237,130 $ 25,156,773 Ending balance: individually evaluated for impairment $ 107,544 $ 53,805 $ 27,676 $ 189,025 Ending balance: collectively evaluated for impairment $ 12,167,928 $ 6,590,366 $ 6,209,454 $ 24,967,748 (1) As of and for the six months ended June 30, 2019 , there was no allowance for loan losses for acquired loans accounted for under ASC 310-30. (2) Total before net deferred fees and costs of $23.6 million . (3) These loans are presented net of the remaining fair value discount of $12.2 million at June 30, 2019 . (4) These loans are presented net of the remaining fair value discount of $125.7 million at June 30, 2019 . (5) Total before net deferred fees and costs of $22.7 million . (6) As of and for the six months ended June 30, 2018 , there were no purchased credit-impaired loans and no allowance for loan losses for purchased credit-impaired loans. Below is a detailed summary of impaired loans (including TDRs) by class as of June 30, 2019 and December 31, 2018 and for the three and six months ended June 30, 2019 and 2018 . At June 30, 2019 and December 31, 2018 , impaired loans of $69.1 million and $51.3 million , respectively, were on non-accrual status. Impaired Loans (including accruing TDRs) June 30, 2019 December 31, 2018 Recorded Investment Recorded Investment (in thousands) Unpaid Principal Balance Without an ALL With an ALL Related Allowance Unpaid Principal Balance Without an ALL With an ALL Related Allowance Commercial, financial and agricultural $ 94,581 $ 24,420 $ 59,760 $ 13,248 $ 65,150 $ 22,298 $ 34,222 $ 7,133 Owner-occupied 53,576 116 51,252 2,878 49,588 — 48,902 3,074 Total commercial and industrial 148,157 24,536 111,012 16,126 114,738 22,298 83,124 10,207 Investment properties 12,493 — 12,494 585 13,916 — 13,916 1,523 1-4 family properties 5,369 — 5,369 181 5,586 — 5,586 131 Land and development 11,636 1,055 9,313 463 16,283 265 13,431 944 Total commercial real estate 29,498 1,055 27,176 1,229 35,785 265 32,933 2,598 Consumer mortgages 19,988 883 18,814 268 19,506 — 19,506 343 Home equity lines 5,666 — 5,604 335 3,264 — 3,235 224 Other consumer loans 6,412 — 6,412 208 5,565 — 5,565 177 Total consumer 32,066 883 30,830 811 28,335 — 28,306 744 Total loans $ 209,721 $ 26,474 $ 169,018 $ 18,166 $ 178,858 $ 22,563 $ 144,363 $ 13,549 Three Months Ended June 30, 2019 Three Months Ended June 30, 2018 (in thousands) Average Recorded Investment Interest Income Recognized (1) Average Recorded Investment Interest Income Recognized (1) Commercial, financial and agricultural $ 86,393 $ 384 $ 71,505 $ 452 Owner-occupied 51,549 614 38,432 444 Total commercial and industrial 137,942 998 109,937 896 Investment properties 12,929 157 24,439 220 1-4 family properties 5,096 134 11,217 226 Land and development 11,061 34 18,428 74 Total commercial real estate 29,086 325 54,084 520 Consumer mortgages 19,565 217 3,986 200 Home equity lines 4,849 37 21,239 56 Other consumer loans 5,940 81 4,985 71 Total consumer 30,354 335 30,210 327 Total loans $ 197,382 $ 1,658 $ 194,231 $ 1,743 (1) Of the interest income recognized during the three months ended June 30, 2019 and 2018 , cash-basis interest income was $290 thousand and $394 thousand , respectively. Six Months Ended June 30, 2019 Six Months Ended June 30, 2018 (in thousands) Average Recorded Investment Interest Income Recognized (1) Average Recorded Investment Interest Income Recognized (1) Commercial, financial and agricultural $ 81,373 $ 938 $ 73,693 $ 851 Owner-occupied 50,794 1,140 38,073 814 Total commercial and industrial 132,167 2,078 111,766 1,665 Investment properties 12,984 298 23,604 418 1-4 family properties 5,302 265 11,466 442 Land and development 11,062 69 18,299 150 Total commercial real estate 29,348 632 53,369 1,010 Consumer mortgages 19,801 429 5,245 395 Home equity lines 4,076 73 20,613 102 Other consumer loans 5,701 159 5,188 143 Total consumer 29,578 661 31,046 640 Total loans $ 191,093 $ 3,371 $ 196,181 $ 3,315 (1) Of the interest income recognized during the six months ended June 30, 2019 and 2018 , cash-basis interest income was $690 thousand and $535 thousand , respectively. Information about Synovus' TDRs is presented in the following tables. Modifications of loans that are accounted for within a pool under ASC Topic 310-30 are excluded as TDRs. Accordingly, such modifications do not result in the removal of those loans from the pool, even if the modification of those loans would otherwise be considered a TDR. As a result, all such acquired loans that would otherwise meet the criteria for classification as a TDR are excluded from the tables below. The following tables represent, by concession type, the post-modification balance for loans modified or renewed during the three and six months ended June 30, 2019 and 2018 that were reported as accruing or non-accruing TDRs. TDRs by Concession Type Three Months Ended June 30, 2019 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial and agricultural 21 $ 1,343 $ 1,589 $ 2,932 Owner-occupied 4 1,082 — 1,082 Total commercial and industrial 25 2,425 1,589 4,014 Investment properties 1 180 — 180 1-4 family properties 4 514 — 514 Land and development 2 169 — 169 Total commercial real estate 7 863 — 863 Consumer mortgages 1 109 — 109 Home equity lines 24 2,321 — 2,321 Other consumer loans 34 586 1,332 1,918 Total consumer 59 3,016 1,332 4,348 Total TDRs 91 $ 6,304 $ 2,921 $ 9,225 (2) Three Months Ended June 30, 2018 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial and agricultural 5 $ — $ 576 $ 576 Owner-occupied 4 2,094 592 2,686 Total commercial and industrial 9 2,094 1,168 3,262 Investment properties 2 6,011 256 6,267 1-4 family properties 1 — 492 492 Land and development 3 — 1,786 1,786 Total commercial real estate 6 6,011 2,534 8,545 Consumer mortgages 7 2,963 87 3,050 Home equity lines 3 172 148 320 Other consumer loans 17 388 313 701 Total consumer 27 3,523 548 4,071 Total TDRs 42 $ 11,628 $ 4,250 $ 15,878 (3) (1) Other concessions generally include term extensions, interest only payments for a period of time, or principal forgiveness, but there was no principal forgiveness for each of the three months ended June 30, 2019 and 2018 . (2) No net charge-offs were recorded during the three months ended June 30, 2019 upon restructuring of these loans. (3) No net charge-offs were recorded during the three months ended June 30, 2018 upon restructuring of these loans. TDRs by Concession Type Six Months Ended June 30, 2019 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial and agricultural 34 $ 3,126 $ 2,488 $ 5,614 Owner-occupied 6 2,031 — 2,031 Total commercial and industrial 40 5,157 2,488 7,645 Investment properties 2 663 — 663 1-4 family properties 10 1,307 — 1,307 Land and development 2 169 — 169 Total commercial real estate 14 2,139 — 2,139 Consumer mortgages 5 237 1,214 1,451 Home equity lines 25 2,321 105 2,426 Other consumer loans 52 694 2,377 3,071 Total consumer 82 3,252 3,696 6,948 Total TDRs 136 $ 10,548 $ 6,184 $ 16,732 (2 ) Six Months Ended June 30, 2018 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial and agricultural 14 $ — $ 1,565 $ 1,565 Owner-occupied 6 4,799 684 5,483 Total commercial and industrial 20 4,799 2,249 7,048 Investment properties 3 6,011 2,215 8,226 1-4 family properties 7 965 492 1,457 Land and development 3 — 1,786 1,786 Total commercial real estate 13 6,976 4,493 11,469 Consumer mortgages 14 4,695 87 4,782 Home equity lines 3 172 148 320 Other consumer loans 31 925 821 1,746 Total consumer 48 5,792 1,056 6,848 Total TDRs 81 $ 17,567 $ 7,798 $ 25,365 (3) (1) Other concessions generally include term extensions, interest only payments for a period of time, or principal forgiveness, but there was no principal forgiveness for each of the six months ended June 30, 2019 and 2018 . (2) No net charge-offs were recorded during the six months ended June 30, 2019 upon restructuring of these loans. (3) No net charge-offs were recorded during the six months ended June 30, 2018 upon restructuring of these loans. For both the three and six months ended June 30, 2019 there was one default with a recorded investment of $5 thousand on accruing TDRs restructured during the previous twelve months (defaults are defined as the earlier of the TDR being placed on non-accrual status or reaching 90 days past due with respect to principal and/or interest payments) compared to eight defaults with a recorded investment of $10.5 million for both the three and six months ended June 30, 2018 . If, at the time a loan was designated as a TDR, the loan was not already impaired, the measurement of impairment that resulted from the TDR designation closely approximates the reserve derived through specific loan measurement of impairment in accordance with ASC 310-10-35. Generally, the change in the allowance for loan losses resulting from such TDR designation is not significant. At June 30, 2019 , the allowance for loan losses allocated to accruing TDRs totaling $126.4 million was $5.7 million compared to accruing TDRs of $115.6 million with an allocated allowance for loan losses of $6.1 million at December 31, 2018 . Non-accrual, non-homogeneous loans (commercial-type impaired loans greater than $1 million ) that are designated as TDRs are individually measured for the amount of impairment, if any, both before and after the TDR designation. As of June 30, 2019 and December 31, 2018 , there were no commitments to lend a material amount of additional funds to any customer whose loan was classified as a TDR. |