Loans And Allowance For Loan Losses | Note 4 - Loans and Allowance for Loan Losses The following tables provide a summary of loans outstanding, 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 December 31, 2019 and December 31, 2018. See "Part II - Item 8. Financial Statements and Supplementary Data - Note 1 - Summary of Significant Accounting Policies" in this Report for more information on Synovus' accounting for purchased loans. December 31, 2019 2018 (in thousands) Total Loans Total Originated Loans Total Acquired Loans (1) Total Loans Commercial, financial, and agricultural $ 10,252,859 $ 8,587,087 $ 1,665,772 $ 7,449,698 Owner-occupied 6,529,811 5,610,592 919,219 5,331,508 Total commercial and industrial 16,782,670 14,197,679 2,584,991 12,781,206 Investment properties 9,042,679 6,495,903 2,546,776 5,560,951 1-4 family properties 780,015 627,182 152,833 679,870 Land and development 657,790 461,691 196,099 323,670 Total commercial real estate 10,480,484 7,584,776 2,895,708 6,564,491 Consumer mortgages 5,546,368 3,629,633 1,916,735 2,934,235 Home equity lines 1,713,157 1,655,096 58,061 1,515,796 Credit cards 268,841 268,841 — 258,245 Other consumer loans 2,396,294 2,387,749 8,545 1,916,743 Total consumer 9,924,660 7,941,319 1,983,341 6,625,019 Total loans 37,187,814 29,723,774 7,464,040 25,970,716 Deferred fees and costs, net (25,364 ) (25,364 ) — (24,143 ) Total loans, net of deferred fees and costs $ 37,162,450 $ 29,698,410 $ 7,464,040 $ 25,946,573 (1) Represents $9.29 billion (at fair value) of loans acquired from FCB, net of paydowns and payoffs including maturities since Acquisition Date. Current, Accruing Past Due, and Non-accrual Originated Loans December 31, 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 $ 8,511,218 $ 20,180 $ 1,206 $ 21,386 $ 54,483 $ 8,587,087 Owner-occupied 5,595,072 5,164 576 5,740 9,780 5,610,592 Total commercial and industrial 14,106,290 25,344 1,782 27,126 64,263 14,197,679 Investment properties 6,492,978 1,344 — 1,344 1,581 6,495,903 1-4 family properties 622,552 2,073 304 2,377 2,253 627,182 Land and development 459,773 808 — 808 1,110 461,691 Total commercial real estate 7,575,303 4,225 304 4,529 4,944 7,584,776 Consumer mortgages 3,613,311 4,223 730 4,953 11,369 3,629,633 Home equity lines 1,636,786 6,105 171 6,276 12,034 1,655,096 Credit cards 263,065 3,076 2,700 5,776 — 268,841 Other consumer loans 2,362,741 18,688 616 19,304 5,704 2,387,749 Total consumer 7,875,903 32,092 4,217 36,309 29,107 7,941,319 Total loans $ 29,557,496 $ 61,661 $ 6,303 $ 67,964 $ 98,314 $ 29,723,774 (1) Current, Accruing Past Due, and Non-accrual Acquired Loans December 31, 2019 (in thousands) Current Accruing 30-89 Days Past Due Accruing 90 Days or Greater Past Due Total Accruing Past Due Non-accrual ASC 310-30 Loans (2) Discount/Premium Total Commercial, financial and agricultural $ 623,539 $ 18,736 $ — $ 18,736 $ 1,534 $ 1,029,125 $ (7,162 ) $ 1,665,772 Owner-occupied 96,513 — — — — 828,483 (5,777 ) 919,219 Total commercial and industrial 720,052 18,736 — 18,736 1,534 1,857,608 (12,939 ) 2,584,991 Investment properties 810,713 — — — — 1,750,706 (14,643 ) 2,546,776 1-4 family properties 111,374 — — — — 41,671 (212 ) 152,833 Land and development 119,948 — — — — 78,203 (2,052 ) 196,099 Total commercial real estate 1,042,035 — — — — 1,870,580 (16,907 ) 2,895,708 Consumer mortgages 69,847 — — — — 1,908,168 (61,280 ) 1,916,735 Home equity lines 58,211 933 — 933 — 2,306 (3,389 ) 58,061 Other consumer loans 355 — — — — 8,941 (751 ) 8,545 Total consumer 128,413 933 — 933 — 1,919,415 (65,420 ) 1,983,341 Total loans $ 1,890,500 $ 19,669 $ — $ 19,669 $ 1,534 $ 5,647,603 $ (95,266 ) $ 7,464,040 (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 $25.4 million . (2) Acquired loans accounted for under ASC 310-30 include $1.8 million in non-accruing loans, $9.6 million in accruing 90 days or greater past due loans, and $42.5 million in accruing 30-89 days past due loans. (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 . Interest income recorded on non-accrual loans outstanding at December 31, 2019 and 2018 was $3.3 million and $3.2 million during 2019 and 2018 , respectively. Interest income that would have been recorded on these non-accrual loans if the loans were performing in accordance with their contractual terms was $5.6 million and $7.3 million during 2019 and 2018 , respectively. During 2019 and 2018 , Synovus purchased $668.0 million and $265.9 million , respectively, in other consumer loans. Loans with carrying values of $12.11 billion and $8.40 billion were pledged as collateral for borrowings and capacity at December 31, 2019 and 2018 respectively, to the FHLB and Federal Reserve Bank. The credit quality of the loan portfolio is monitored on an ongoing basis and updated as warranted using the standard asset classification system utilized by the federal banking agencies. These classifications are divided into three groups – Not Classified (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 the associated senior lien with other financial institutions. Originated Loan Portfolio Credit Exposure by Risk Grade December 31, 2019 (in thousands) Pass Special Mention Substandard (1) Doubtful (2) Loss (3) Total Commercial, financial, and agricultural $ 8,335,964 $ 82,519 $ 167,441 $ 1,163 $ — $ 8,587,087 Owner-occupied 5,507,345 21,588 81,659 — — 5,610,592 Total commercial and industrial 13,843,309 104,107 249,100 1,163 — 14,197,679 Investment properties 6,449,797 13,918 32,188 — — 6,495,903 1-4 family properties 614,015 3,249 9,918 — — 627,182 Land and development 439,956 11,939 9,796 — — 461,691 Total commercial real estate 7,503,768 29,106 51,902 — — 7,584,776 Consumer mortgages 3,617,284 — 12,103 97 149 3,629,633 Home equity lines 1,639,072 — 14,759 21 1,244 1,655,096 Credit cards 266,146 — 818 — 1,877 (4) 268,841 Other consumer loans 2,381,654 — 6,095 — — 2,387,749 Total consumer 7,904,156 — 33,775 118 3,270 7,941,319 Total loans $ 29,251,233 $ 133,213 $ 334,777 $ 1,281 $ 3,270 $ 29,723,774 (5) Acquired Loan Portfolio Credit Exposure by Risk Grade December 31, 2019 Pass Special Mention Substandard (1) Doubtful Loss Total Commercial, financial, and agricultural $ 1,604,395 $ 45,987 $ 15,390 $ — $ — $ 1,665,772 Owner-occupied 878,710 36,742 3,767 — — 919,219 Total commercial and industrial 2,483,105 82,729 19,157 — — 2,584,991 Investment properties 2,518,915 2,572 25,289 — — 2,546,776 1-4 family properties 152,514 — 319 — — 152,833 Land and development 189,395 6,704 — — — 196,099 Total commercial real estate 2,860,824 9,276 25,608 — — 2,895,708 Consumer mortgages 1,910,462 — 6,273 — — 1,916,735 Home equity lines 58,014 — 47 — — 58,061 Other consumer loans 8,545 — — — — 8,545 Total consumer 1,977,021 — 6,320 — — 1,983,341 Total loans $ 7,320,950 $ 92,005 $ 51,085 $ — $ — $ 7,464,040 (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 $288.8 million and $172.3 million of Substandard accruing loans at December 31, 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 $25.4 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 II - Item 8. Financial Statements and Supplementary Data - Note 2 - Acquisitions" in this Report, on January 1, 2019, Synovus acquired loans from FCB with fair values of $9.29 billion net of total discount of $169.2 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 year ended December 31, 2019 . (in thousands) Year Ended December 31, 2019 Beginning balance $ — Additions 1,066,689 Transfers from non-accretable difference to accretable yield (1) 28,001 Accretion (346,820 ) Changes in expected cash flows not affecting non-accretable differences (2) (10,739 ) Ending balance $ 737,131 (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, interest rates, and prepayments. The following tables detail the changes in the ALL by loan category for the years ended December 31, 2019 , 2018 , and 2017 . Allowance for Loan Losses and Recorded Investment in Loans As Of and For The Year Ended December 31, 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 (49,572 ) (5,540 ) (24,023 ) (79,135 ) Recoveries 7,827 8,618 5,078 21,523 Provision for (reversal of) loan losses 53,665 (4,444 ) 38,499 87,720 Transfer of unfunded commitment reserve 739 — — 739 Ending balance $ 145,782 $ 67,430 $ 68,190 $ 281,402 Ending balance: individually evaluated for impairment $ 12,326 $ 1,047 $ 777 $ 14,150 Ending balance: collectively evaluated for impairment $ 132,871 $ 66,383 $ 67,290 $ 266,544 Ending balance: allowance for acquired loans accounted under ASC 310-30 $ 585 $ — 123 $ 708 Loans Ending balance: total loans (1) $ 16,782,670 $ 10,480,484 $ 9,924,660 $ 37,187,814 Ending balance: individually evaluated for impairment $ 128,385 $ 24,862 $ 31,837 $ 185,084 Ending balance: collectively evaluated for impairment (2) $ 14,811,954 $ 8,599,452 $ 8,033,990 $ 31,445,396 Ending balance: acquired loans accounted for under ASC 310-30 (3) $ 1,842,331 $ 1,856,170 $ 1,858,833 $ 5,557,334 As Of and For The Year Ended December 31, 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 (48,775 ) (4,408 ) (20,871 ) (74,054 ) Recoveries 7,165 10,188 6,291 23,644 Provision for (reversal of) loan losses 47,930 (11,982 ) 15,749 51,697 Ending balance (4) $ 133,123 $ 68,796 $ 48,636 $ 250,555 Ending balance: individually evaluated for impairment $ 10,207 $ 2,598 $ 744 $ 13,549 Ending balance: collectively evaluated for impairment $ 122,916 $ 66,198 $ 47,892 $ 237,006 Loans Ending balance: total loans (4)(5) $ 12,781,206 $ 6,564,491 $ 6,625,019 $ 25,970,716 Ending balance: individually evaluated for impairment $ 105,422 $ 33,198 $ 28,306 $ 166,926 Ending balance: collectively evaluated for impairment $ 12,675,784 $ 6,531,293 $ 6,596,713 $ 25,803,790 As Of and For The Year Ended December 31, 2017 (in thousands) Commercial & Industrial Commercial Real Estate Consumer Total Allowance for loan losses Beginning balance $ 125,778 $ 81,816 $ 44,164 $ 251,758 Charge-offs (49,244 ) (12,193 ) (28,982 ) (90,419 ) Recoveries 6,685 8,026 6,033 20,744 Provision for (reversal of) loan losses 43,584 (2,651 ) 26,252 67,185 Ending balance (4) $ 126,803 $ 74,998 $ 47,467 $ 249,268 Ending balance: individually evaluated for impairment $ 9,515 $ 4,240 $ 1,153 $ 14,908 Ending balance: collectively evaluated for impairment $ 117,288 $ 70,758 $ 46,314 $ 234,360 Loans Ending balance: total loans (4)(6) $ 12,023,650 $ 6,935,288 $ 5,853,857 $ 24,812,795 Ending balance: individually evaluated for impairment $ 111,334 $ 56,896 $ 32,056 $ 200,286 Ending balance: collectively evaluated for impairment $ 11,912,316 $ 6,878,392 $ 5,821,801 $ 24,612,509 (1) Total before net deferred fees and costs of $25.4 million . (2) These loans are presented net of remaining fair value discount of $5.0 million at December 31, 2019. (3) These loans are presented net of remaining fair value discount of $90.3 million at December 31, 2019. (4) As of and for the years ended December 31, 2018 , and 2017 , there were no PCI loans and no ALL for PCI loans. (5) Total before net deferred fees and costs of $24.1 million . (6) Total before net deferred fees and costs of $25.3 million . Below is a detailed summary of impaired loans (including accruing TDRs and excluding acquired loans accounted for under ASC 310-30 that are currently accruing income) by class as of December 31, 2019 and 2018 and for the years ended December 31, 2019 , 2018 , and 2017 . At December 31, 2019 , 2018 , and 2017 , impaired loans of $51.9 million , $51.3 million , and $49.0 million , respectively, were on non-accrual status. Impaired Loans (including accruing TDRs) December 31, 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 $ 88,321 $ 21,774 $ 56,660 $ 9,268 $ 65,150 $ 22,298 $ 34,222 $ 7,133 Owner-occupied 50,136 1,169 48,782 3,058 49,588 — 48,902 3,074 Total commercial and industrial 138,457 22,943 105,442 12,326 114,738 22,298 83,124 10,207 Investment properties 9,552 — 9,552 422 13,916 — 13,916 1,523 1-4 family properties 4,727 — 4,669 130 5,586 — 5,586 131 Land and development 11,545 265 10,376 495 16,283 265 13,431 944 Total commercial real estate 25,824 265 24,597 1,047 35,785 265 32,933 2,598 Consumer mortgages 18,624 — 18,624 383 19,506 — 19,506 343 Home equity lines 6,092 — 6,092 178 3,264 — 3,235 224 Other consumer loans 6,864 257 6,864 216 5,565 — 5,565 177 Total consumer 31,580 257 31,580 777 28,335 — 28,306 744 Total impaired loans $ 195,861 $ 23,465 $ 161,619 $ 14,150 $ 178,858 $ 22,563 $ 144,363 $ 13,549 Years Ended December 31, 2019 2018 2017 (in thousands) Average Recorded Investment Interest Income Recognized (1) Average Recorded Investment Interest Income Recognized (1) Average Recorded Investment Interest Income Recognized (1) Commercial, financial and agricultural $ 81,960 $ 2,962 $ 65,976 $ 2,316 $ 72,154 $ 2,127 Owner-occupied 50,085 2,209 42,341 1,851 40,498 1,509 Total commercial and industrial 132,045 5,171 108,317 4,167 112,652 3,636 Investment properties 12,561 565 18,564 767 28,749 1,178 1-4 family properties 5,125 525 9,813 782 16,099 1,021 Land and development 11,137 139 16,841 249 24,637 404 Total commercial real estate 28,823 1,229 45,218 1,798 69,485 2,603 Consumer mortgages 19,292 843 19,516 134 18,319 376 Home equity lines 4,954 136 3,491 820 7,748 896 Other consumer loans 6,129 373 5,327 297 4,765 266 Total consumer 30,375 1,352 28,334 1,251 30,832 1,538 Total impaired loans $ 191,243 $ 7,752 $ 181,869 $ 7,216 $ 212,969 $ 7,777 (1) Of the interest income recognized during the years ended December 31, 2019 , 2018 , and 2017 , cash-basis interest income was $2.1 million , $1.8 million , and $815 thousand , respectively. Information about Synovus' TDRs is presented in the following tables. Modifications of loans that are accounted for within a pool under ASC 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 these 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 years ended December 31, 2019 , 2018 , and 2017 that were reported as accruing or non-accruing TDRs. TDRs by Concession Type Year Ended December 31, 2019 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial, and agricultural 127 $ 9,042 $ 9,873 $ 18,915 Owner-occupied 22 9,017 861 9,878 Total commercial and industrial 149 18,059 10,734 28,793 Investment properties 8 1,548 — 1,548 1-4 family properties 18 2,182 643 2,825 Land and development 8 1,187 30 1,217 Total commercial real estate 34 4,917 673 5,590 Consumer mortgages 18 1,587 1,361 2,948 Home equity lines 70 3,024 2,522 5,546 Other consumer loans 109 1,712 5,270 6,982 Total consumer 197 6,323 9,153 15,476 Total loans 380 $ 29,299 $ 20,560 $ 49,859 (2) Year Ended December 31, 2018 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial, and agricultural 46 $ 3,807 $ 3,957 $ 7,764 Owner-occupied 16 7,589 5,705 13,294 Total commercial and industrial 62 11,396 9,662 21,058 Investment properties 10 8,070 2,215 10,285 1-4 family properties 25 2,481 2,014 4,495 Land and development 5 122 1,856 1,978 Total commercial real estate 40 10,673 6,085 16,758 Consumer mortgages 19 5,590 93 5,683 Home equity lines 4 172 339 511 Other consumer loans 92 1,834 3,983 5,817 Total consumer 115 7,596 4,415 12,011 Total loans 217 $ 29,665 $ 20,162 $ 49,827 (3) TDRs by Concession Type (continued) Year Ended December 31, 2017 (in thousands, except contract data) Number of Contracts Below Market Interest Rate Other Concessions (1) Total Commercial, financial, and agricultural 56 $ 9,434 $ 12,145 $ 21,579 Owner-occupied 4 35 1,705 1,740 Total commercial and industrial 60 9,469 13,850 23,319 Investment properties 1 — 121 121 1-4 family properties 35 2,786 2,040 4,826 Land and development 6 157 1,614 1,771 Total commercial real estate 42 2,943 3,775 6,718 Consumer mortgages 11 2,539 1,190 3,729 Other consumer loans 38 1,624 1,333 2,957 Total consumer 49 4,163 2,523 6,686 Total loans 151 $ 16,575 $ 20,148 $ 36,723 (4) (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 the years ended December 31, 2019 , 2018 , and 2017 . (2) No charge-offs were recorded during 2019 upon restructuring of these loans. (3) Net charge-offs of $403 thousand were recorded during 2018 upon restructuring of these loans. (4) No charge-offs were recorded during 2017 upon restructuring of these loans. For the years ended December 31, 2019 , 2018 and 2017 , there were four defaults with a recorded investment of $326 thousand , eight defaults with a recorded investment of $10.5 million , and eight defaults with a recorded investment of $4.0 million , 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). If at the time that a loan was designated as a TDR the loan was not already impaired, the measurement of impairment resulting from the TDR designation closely approximates the reserve derived through specific measurement of impairment in accordance with ASC 310-10-35. Generally, the change in the ALL resulting from such a TDR is not significant. At December 31, 2019 , the ALL allocated to accruing TDRs totaling $133.1 million was $6.4 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 loan relationships 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 December 31, 2019, there were no commitments to lend a material amount of additional funds to any customers whose loans were classified as TDRs. |