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 September 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 September 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 $ 8,003,162 $ 15,997 $ 989 $ 16,986 $ 64,912 $ 8,085,060 Owner-occupied 5,572,063 6,068 1,617 7,685 9,222 5,588,970 Total commercial and industrial 13,575,225 22,065 2,606 24,671 74,134 13,674,030 Investment properties 6,055,365 1,714 902 2,616 378 6,058,359 1-4 family properties 634,144 2,928 834 3,762 2,218 640,124 Land and development 401,491 3,311 — 3,311 3,032 407,834 Total commercial real estate 7,091,000 7,953 1,736 9,689 5,628 7,106,317 Consumer mortgages 3,382,636 6,069 — 6,069 10,015 3,398,720 Home equity lines 1,596,081 7,354 38 7,392 12,590 1,616,063 Credit cards 262,724 2,657 2,493 5,150 — 267,874 Other consumer loans 2,261,276 18,527 780 19,307 4,736 2,285,319 Total consumer 7,502,717 34,607 3,311 37,918 27,341 7,567,976 Total loans $ 28,168,942 $ 64,625 $ 7,653 $ 72,278 $ 107,103 $ 28,348,323 (1) Current, Accruing Past Due, and Non-accrual Acquired Loans September 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 $ 658,014 $ 648 $ — $ 648 $ 5,000 $ 1,120,805 $ (13,646 ) $ 1,770,821 Owner-occupied 91,651 — — — — 913,716 (4,946 ) 1,000,421 Total commercial and industrial 749,665 648 — 648 5,000 2,034,521 (18,592 ) 2,771,242 Investment properties 917,663 — — — — 1,973,932 (15,191 ) 2,876,404 1-4 family properties 55,674 — — — — 43,208 (242 ) 98,640 Land and development 114,642 — — — — 92,829 (2,799 ) 204,672 Total commercial real estate 1,087,979 — — — — 2,109,969 (18,232 ) 3,179,716 Consumer mortgages 97,107 — — — — 2,045,872 (70,969 ) 2,072,010 Home equity lines 60,565 201 — 201 — 2,377 (4,114 ) 59,029 Other consumer loans 311 — — — — 10,790 (934 ) 10,167 Total consumer 157,983 201 — 201 — 2,059,039 (76,017 ) 2,141,206 Total loans $ 1,995,627 $ 849 $ — $ 849 $ 5,000 $ 6,203,529 $ (112,841 ) $ 8,092,164 (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 $22.7 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 including maturities since Acquisition Date. (4) Total before net deferred fees and costs of $24.1 million . Loans with carrying values of $11.77 billion and $8.40 billion were pledged as collateral for borrowings and capacity at September 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 HELOCs) 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 September 30, 2019 (in thousands) Pass Special Mention Substandard (1) Doubtful (2) Loss (3) Total Commercial, financial and agricultural $ 7,816,114 $ 104,214 $ 156,919 $ 7,813 $ — $ 8,085,060 Owner-occupied 5,493,248 19,647 76,002 73 — 5,588,970 Total commercial and industrial 13,309,362 123,861 232,921 7,886 — 13,674,030 Investment properties 6,007,116 20,549 30,694 — — 6,058,359 1-4 family properties 628,631 3,558 7,935 — — 640,124 Land and development 386,163 9,878 11,793 — — 407,834 Total commercial real estate 7,021,910 33,985 50,422 — — 7,106,317 Consumer mortgages 3,388,412 — 9,859 373 76 3,398,720 Home equity lines 1,600,061 — 14,683 21 1,298 1,616,063 Credit cards 265,382 — 822 — 1,670 (4) 267,874 Other consumer loans 2,280,305 — 5,014 — — 2,285,319 Total consumer 7,534,160 — 30,378 394 3,044 7,567,976 Total loans $ 27,865,432 $ 157,846 $ 313,721 $ 8,280 $ 3,044 $ 28,348,323 (5) Acquired Loan Portfolio Credit Exposure by Risk Grade September 30, 2019 (in thousands) Pass Special Mention Substandard (1) Doubtful Loss Total Commercial, financial and agricultural $ 1,701,326 $ 48,615 $ 20,880 $ — $ — $ 1,770,821 Owner-occupied 971,075 24,039 5,307 — — 1,000,421 Total commercial and industrial 2,672,401 72,654 26,187 — — 2,771,242 Investment properties 2,842,820 27,488 6,096 — — 2,876,404 1-4 family properties 98,316 — 324 — — 98,640 Land and development 197,957 6,588 127 — — 204,672 Total commercial real estate 3,139,093 34,076 6,547 — — 3,179,716 Consumer mortgages 2,064,108 — 7,902 — — 2,072,010 Home equity lines 58,983 — 46 — — 59,029 Other consumer loans 10,167 — — — — 10,167 Total consumer 2,133,258 — 7,948 — — 2,141,206 Total loans $ 7,944,752 $ 106,730 $ 40,682 $ — $ — $ 8,092,164 (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 $249.8 million and $172.3 million of Substandard accruing loans at September 30, 2019 and December 31, 2018 , respectively. (2) The loans within this risk grade are on non-accrual status and generally have an ALL equal to 50% of the loan amount. (3) The loans within this risk grade are on non-accrual status and have an ALL 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 ALL 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 $22.7 million . (6) Represents $9.29 billion (at fair value) of loans acquired from FCB, net of paydowns and payoffs including maturities 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 $164.2 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 yield for all loans accounted for under ASC 310-30 for the nine months ended September 30, 2019 . (in thousands) Nine Months Ended September 30, 2019 Beginning balance $ — Additions 1,066,689 Transfers from non-accretable difference to accretable yield (1) 13,516 Accretion (273,231 ) Changes in expected cash flows not affecting non-accretable differences (2) 24,929 Ending balance $ 831,903 (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 ALL by loan segment for the three and nine months ended September 30, 2019 and 2018 . Allowance for Loan Losses and Recorded Investment in Loans As Of and For the Three Months Ended September 30, 2019 (in thousands) Commercial & Industrial Commercial Real Estate Consumer Total Allowance for loan losses: Beginning balance $ 138,004 $ 63,463 $ 55,909 $ 257,376 Charge-offs (15,425 ) (3,275 ) (6,026 ) (24,726 ) Recoveries 2,276 1,490 1,035 4,801 Provision for (reversal of) loan losses 17,156 280 10,126 27,562 Ending balance (1) $ 142,011 $ 61,958 $ 61,044 $ 265,013 Ending balance: individually evaluated for impairment $ 14,139 $ 1,184 $ 881 $ 16,204 Ending balance: collectively evaluated for impairment $ 127,872 $ 60,774 $ 60,163 $ 248,809 Loans: Ending balance: total loans (2) $ 16,445,272 $ 10,286,033 $ 9,709,182 $ 36,440,487 Ending balance: individually evaluated for impairment $ 139,160 $ 28,797 $ 31,459 $ 199,416 Ending balance: collectively evaluated for impairment (3) $ 14,292,323 $ 8,163,218 $ 7,687,835 $ 30,143,376 Ending balance: acquired loans accounted for under ASC 310-30 (4) $ 2,013,789 $ 2,094,018 $ 1,989,888 $ 6,097,695 As Of and For the Three Months Ended September 30, 2018 (in thousands) Commercial & Industrial Commercial Real Estate Consumer Total Allowance for loan losses: Beginning balance $ 130,335 $ 75,205 $ 46,185 $ 251,725 Charge-offs (13,526 ) (1,077 ) (3,993 ) (18,596 ) Recoveries 1,091 591 1,657 3,339 Provision for loan losses 11,417 (1,447 ) 5,012 14,982 Ending balance $ 129,317 $ 73,272 $ 48,861 $ 251,450 Ending balance: individually evaluated for impairment $ 9,108 $ 3,317 $ 970 $ 13,395 Ending balance: collectively evaluated for impairment $ 120,209 $ 69,955 $ 47,891 $ 238,055 Loans: Ending balance: total loans (5)(6) $ 12,503,294 $ 6,712,406 $ 6,385,197 $ 25,600,897 Ending balance: individually evaluated for impairment $ 102,671 $ 37,988 $ 28,963 $ 169,622 Ending balance: collectively evaluated for impairment $ 12,400,623 $ 6,674,418 $ 6,356,234 $ 25,431,275 (1) As of and for the three months ended September 30, 2019 , there was no ALL for acquired loans accounted for under ASC 310-30. (2) Total before net deferred fees and costs of $22.7 million . (3) These loans are presented net of the remaining fair value discount of $7.0 million at September 30, 2019 . (4) These loans are presented net of the remaining fair value discount of $105.8 million at September 30, 2019 . (5) Total before net deferred fees and costs of $23.8 million . (6) As of and for the three months ended September 30, 2018 , there were no PCI loans and no ALL for PCI loans. Allowance for Loan Losses and Recorded Investment in Loans As Of and For the Nine Months Ended September 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 (39,558 ) (5,369 ) (17,363 ) (62,290 ) Recoveries 6,087 3,788 3,623 13,498 Provision for (reversal of) loan losses 42,359 (5,257 ) 26,148 63,250 Ending balance (1) $ 142,011 $ 61,958 $ 61,044 $ 265,013 Ending balance: individually evaluated for impairment $ 14,139 $ 1,184 $ 881 $ 16,204 Ending balance: collectively evaluated for impairment $ 127,872 $ 60,774 $ 60,163 $ 248,809 Loans: Ending balance: total loans (2) $ 16,445,272 $ 10,286,033 $ 9,709,182 $ 36,440,487 Ending balance: individually evaluated for impairment $ 139,160 $ 28,797 $ 31,459 $ 199,416 Ending balance: collectively evaluated for impairment (3) $ 14,292,323 $ 8,163,218 $ 7,687,835 $ 30,143,376 Ending balance: acquired loans accounted for under ASC 310-30 (4) $ 2,013,789 $ 2,094,018 $ 1,989,888 $ 6,097,695 As Of and For the Nine Months Ended September 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 (37,312 ) (3,523 ) (13,888 ) (54,723 ) Recoveries 5,086 7,555 4,716 17,357 Provision for (reversal of) loan losses 34,740 (5,758 ) 10,566 39,548 Ending balance $ 129,317 $ 73,272 $ 48,861 $ 251,450 Ending balance: individually evaluated for impairment $ 9,108 $ 3,317 $ 970 $ 13,395 Ending balance: collectively evaluated for impairment $ 120,209 $ 69,955 $ 47,891 $ 238,055 Loans: Ending balance: total loans (5)(6) $ 12,503,294 $ 6,712,406 $ 6,385,197 $ 25,600,897 Ending balance: individually evaluated for impairment $ 102,671 $ 37,988 $ 28,963 $ 169,622 Ending balance: collectively evaluated for impairment $ 12,400,623 $ 6,674,418 $ 6,356,234 $ 25,431,275 (1) As of and for the nine months ended September 30, 2019 , there was no ALL for acquired loans accounted for under ASC 310-30. (2) Total before net deferred fees and costs of $22.7 million . (3) These loans are presented net of the remaining fair value discount of $7.0 million at September 30, 2019 . (4) These loans are presented net of the remaining fair value discount of $105.8 million at September 30, 2019 . (5) Total before net deferred fees and costs of $23.8 million . (6) As of and for the nine months ended September 30, 2018 , there were no PCI loans and no ALL for PCI loans. Below is a detailed summary of impaired loans (including TDRs) by class as of September 30, 2019 and December 31, 2018 and for the three and nine months ended September 30, 2019 and 2018 . At September 30, 2019 and December 31, 2018 , impaired loans of $69.4 million and $51.3 million , respectively, were on non-accrual status. Impaired Loans (including accruing TDRs) September 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 $ 104,229 $ 33,534 $ 55,413 $ 11,267 $ 65,150 $ 22,298 $ 34,222 $ 7,133 Owner-occupied 50,493 — 50,213 2,872 49,588 — 48,902 3,074 Total commercial and industrial 154,722 33,534 105,626 14,139 114,738 22,298 83,124 10,207 Investment properties 12,307 — 12,307 555 13,916 — 13,916 1,523 1-4 family properties 5,064 — 5,005 117 5,586 — 5,586 131 Land and development 12,752 1,055 10,430 512 16,283 265 13,431 944 Total commercial real estate 30,123 1,055 27,742 1,184 35,785 265 32,933 2,598 Consumer mortgages 18,881 874 17,707 372 19,506 — 19,506 343 Home equity lines 6,360 — 6,282 278 3,264 — 3,235 224 Other consumer loans 6,596 — 6,596 231 5,565 — 5,565 177 Total consumer 31,837 874 30,585 881 28,335 — 28,306 744 Total loans $ 216,682 $ 35,463 $ 163,953 $ 16,204 $ 178,858 $ 22,563 $ 144,363 $ 13,549 Three Months Ended September 30, 2019 Three Months Ended September 30, 2018 (in thousands) Average Recorded Investment Interest Income Recognized (1) Average Recorded Investment Interest Income Recognized (1) Commercial, financial and agricultural $ 85,487 $ 620 $ 61,254 $ 379 Owner-occupied 50,929 504 44,366 574 Total commercial and industrial 136,416 1,124 105,620 953 Investment properties 12,518 156 14,103 179 1-4 family properties 5,277 125 9,697 176 Land and development 11,375 32 16,822 62 Total commercial real estate 29,170 313 40,622 417 Consumer mortgages 19,278 206 19,966 226 Home equity lines 5,705 47 3,433 34 Other consumer loans 6,221 99 5,284 69 Total consumer 31,204 352 28,683 329 Total loans $ 196,790 $ 1,789 $ 174,925 $ 1,699 (1) Of the interest income recognized during the three months ended September 30, 2019 and 2018 , cash-basis interest income was $310 thousand and $391 thousand , respectively. Nine Months Ended September 30, 2019 Nine Months Ended September 30, 2018 (in thousands) Average Recorded Investment Interest Income Recognized (1) Average Recorded Investment Interest Income Recognized (1) Commercial, financial and agricultural $ 82,745 $ 1,558 $ 69,546 $ 1,230 Owner-occupied 50,839 1,644 40,171 1,388 Total commercial and industrial 133,584 3,202 109,717 2,618 Investment properties 12,829 453 20,437 597 1-4 family properties 5,294 391 10,876 619 Land and development 11,166 101 17,807 212 Total commercial real estate 29,289 945 49,120 1,428 Consumer mortgages 19,627 635 20,397 621 Home equity lines 4,619 119 4,642 136 Other consumer loans 5,874 259 5,220 212 Total consumer 30,120 1,013 30,259 969 Total loans $ 192,993 $ 5,160 $ 189,096 $ 5,015 (1) Of the interest income recognized during the nine months ended September 30, 2019 and 2018 , cash-basis interest income was $1.0 million and $926 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 nine months ended September 30, 2019 and 2018 that were reported as accruing or non-accruing TDRs. TDRs by Concession Type Three Months Ended September 30, 2019 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial and agricultural 27 $ 2,577 $ 1,917 $ 4,494 Owner-occupied 7 2,822 861 3,683 Total commercial and industrial 34 5,399 2,778 8,177 Investment properties 4 385 — 385 1-4 family properties 4 766 — 766 Land and development 1 473 — 473 Total commercial real estate 9 1,624 — 1,624 Consumer mortgages 10 1,008 118 1,126 Home equity lines 25 364 1,635 1,999 Other consumer loans 27 473 1,222 1,695 Total consumer 62 1,845 2,975 4,820 Total TDRs 105 $ 8,868 $ 5,753 $ 14,621 (2) Three Months Ended September 30, 2018 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial and agricultural 7 $ — $ 565 $ 565 Owner-occupied 3 727 4,839 5,566 Total commercial and industrial 10 727 5,404 6,131 Investment properties 1 42 — 42 1-4 family properties 5 445 766 1,211 Land and development 1 — 71 71 Total commercial real estate 7 487 837 1,324 Consumer mortgages 2 670 — 670 Home equity lines 1 — 191 191 Other consumer loans 44 695 2,784 3,479 Total consumer 47 1,365 2,975 4,340 Total TDRs 64 $ 2,579 $ 9,216 $ 11,795 (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 September 30, 2019 and 2018 . (2) No net charge-offs were recorded during the three months ended September 30, 2019 upon restructuring of these loans . (3) Net charge-offs of $88 thousand were recorded during the three months ended September 30, 2018 upon restructuring of these loans. TDRs by Concession Type Nine Months Ended September 30, 2019 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial and agricultural 61 $ 5,703 $ 4,404 $ 10,107 Owner-occupied 13 4,854 861 5,715 Total commercial and industrial 74 10,557 5,265 15,822 Investment properties 6 1,048 — 1,048 1-4 family properties 14 2,072 — 2,072 Land and development 3 641 — 641 Total commercial real estate 23 3,761 — 3,761 Consumer mortgages 15 1,245 1,332 2,577 Home equity lines 50 2,686 1,740 4,426 Other consumer loans 79 1,167 3,599 4,766 Total consumer 144 5,098 6,671 11,769 Total TDRs 241 $ 19,416 $ 11,936 $ 31,352 (2 ) Nine Months Ended September 30, 2018 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial and agricultural 21 $ — $ 2,130 $ 2,130 Owner-occupied 9 5,526 5,523 11,049 Total commercial and industrial 30 5,526 7,653 13,179 Investment properties 4 6,053 2,215 8,268 1-4 family properties 12 1,408 1,259 2,667 Land and development 4 — 1,856 1,856 Total commercial real estate 20 7,461 5,330 12,791 Consumer mortgages 16 5,365 87 5,452 Home equity lines 4 172 339 511 Other consumer loans 75 1,621 3,606 5,227 Total consumer 95 7,158 4,032 11,190 Total TDRs 145 $ 20,145 $ 17,015 $ 37,160 (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 nine months ended September 30, 2019 and 2018 . (2) No net charge-offs were recorded during the nine months ended September 30, 2019 upon restructuring of these loans. (3) Net charge-offs of $88 thousand were recorded during the nine months ended September 30, 2018 upon restructuring of these loans. For the three and nine months ended September 30, 2019 there were three defaults with a recorded investment of $321 thousand and four defaults with a recorded investment of $326 thousand , respectively, 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). There were no defaults for the three months ended September 30, 2018 and eight defaults with a recorded investment of $10.5 million for the nine months ended September 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 ALL resulting from such TDR designation is not significant. At September 30, 2019 , the ALL allocated to accruing TDRs totaling $130.0 million was $5.8 million compared to accruing TDRs of $115.6 million with an allocated ALL 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 September 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. |