Loans Held for Investment (LHFI) and Allowance for Credit Losses, LHFI | Note 3 – LHFI and Allowance for Credit Losses, LHFI At June 30, 2021 and December 31, 2020, LHFI consisted of the following ($ in thousands): June 30, 2021 December 31, 2020 Loans secured by real estate: Construction, land development and other land $ 532,637 $ 514,056 Other secured by 1-4 family residential properties 507,733 524,732 Secured by nonfarm, nonresidential properties 2,819,662 2,709,026 Other real estate secured 1,078,622 1,065,964 Other loans secured by real estate: Other construction 827,665 794,983 Secured by 1-4 family residential properties 1,302,663 1,216,400 Commercial and industrial loans 1,326,605 1,309,078 Consumer loans 156,075 164,386 State and other political subdivision loans 1,136,764 1,000,776 Other commercial loans 464,443 525,123 LHFI 10,152,869 9,824,524 Less ACL 104,032 117,306 Net LHFI $ 10,048,837 $ 9,707,218 Accrued interest receivable is not included in the amortized cost basis of Trustmark’s LHFI. At June 30, 2021 and December 31, 2020, accrued interest receivable for LHFI totaled $29.7 million and $33.0 million, respectively, with no related ACL and was reported in other assets on the accompanying consolidated balance sheet. Loan Concentrations Trustmark does not have any loan concentrations other than those reflected in the preceding table, which exceed 10% of total LHFI. At June 30, 2021, Trustmark’s geographic loan distribution was concentrated primarily in its five key market regions: Alabama, Florida, Mississippi, Tennessee and Texas. Accordingly, the ultimate collectability of a substantial portion of these loans is susceptible to changes in market conditions in these areas. Nonaccrual and Past Due LHFI No material interest income was recognized in the income statement on nonaccrual LHFI for each of the periods ended June 30, 2021 and 2020. The following tables provide the amortized cost basis of loans on nonaccrual status and loans past due 90 days or more still accruing interest at June 30, 2021 and December 31, 2020 ($ in thousands): June 30, 2021 Nonaccrual With No ACL Total Nonaccrual Loans Past Due 90 Days or More Still Accruing Loans secured by real estate: Construction, land development and other land $ 5,903 $ 6,165 $ — Other secured by 1-4 family residential properties 1,376 3,731 52 Secured by nonfarm, nonresidential properties 11,532 13,563 — Other real estate secured 57 175 — Other loans secured by real estate: Other construction — — — Secured by 1-4 family residential properties — 12,222 255 Commercial and industrial loans 3,078 6,042 — Consumer loans — 53 116 State and other political subdivision loans — 3,854 — Other commercial loans 77 5,643 — Total $ 22,023 $ 51,448 $ 423 December 31, 2020 Nonaccrual With No ACL Total Nonaccrual Loans Past Due 90 Days or More Still Accruing Loans secured by real estate: Construction, land development and other land $ 5,756 $ 5,985 $ — Other secured by 1-4 family residential properties 1,895 4,487 79 Secured by nonfarm, nonresidential properties 12,037 15,197 — Other real estate secured 60 185 — Other loans secured by real estate: Other construction — — — Secured by 1-4 family residential properties — 11,807 1,257 Commercial and industrial loans 12,665 15,618 — Consumer loans — 86 240 State and other political subdivision loans — 3,970 — Other commercial loans — 5,793 — Total $ 32,413 $ 63,128 $ 1,576 The following tables provide an aging analysis of the amortized cost basis of past due LHFI at June 30, 2021 and December 31, 2020 ($ in thousands): June 30, 2021 Past Due 30-59 Days 60-89 Days 90 Days or More Total Past Due Current Loans Total LHFI Loans secured by real estate: Construction, land development and other land $ 352 $ 5,583 $ 196 $ 6,131 $ 526,506 $ 532,637 Other secured by 1-4 family residential properties 1,160 538 803 2,501 505,232 507,733 Secured by nonfarm, nonresidential properties 422 23 693 1,138 2,818,524 2,819,662 Other real estate secured 63 — 107 170 1,078,452 1,078,622 Other loans secured by real estate: Other construction — — — — 827,665 827,665 Secured by 1-4 family residential properties 2,230 1,061 5,816 9,107 1,293,556 1,302,663 Commercial and industrial loans 291 65 3,797 4,153 1,322,452 1,326,605 Consumer loans 767 87 116 970 155,105 156,075 State and other political subdivision loans — — 177 177 1,136,587 1,136,764 Other commercial loans 400 73 5,086 5,559 458,884 464,443 Total $ 5,685 $ 7,430 $ 16,791 $ 29,906 $ 10,122,963 $ 10,152,869 December 31, 2020 Past Due 30-59 Days 60-89 Days 90 Days or Total Past Due Current Loans Total LHFI Loans secured by real estate: Construction, land development and other land $ 339 $ 34 $ 161 $ 534 $ 513,522 $ 514,056 Other secured by 1-4 family residential properties 1,505 523 896 2,924 521,808 524,732 Secured by nonfarm, nonresidential properties 920 — 972 1,892 2,707,134 2,709,026 Other real estate secured 103 101 107 311 1,065,653 1,065,964 Other loans secured by real estate: Other construction — — — — 794,983 794,983 Secured by 1-4 family residential properties 3,291 1,289 5,110 9,690 1,206,710 1,216,400 Commercial and industrial loans 271 196 1,543 2,010 1,307,068 1,309,078 Consumer loans 926 190 240 1,356 163,030 164,386 State and other political subdivision loans 117 — 177 294 1,000,482 1,000,776 Other commercial loans 2,143 2,971 346 5,460 519,663 525,123 Total $ 9,615 $ 5,304 $ 9,552 $ 24,471 $ 9,800,053 $ 9,824,524 Troubled Debt Restructurings (TDR) A TDR occurs when a borrower is experiencing financial difficulties, and for related economic or legal reasons, a concession is granted to the borrower that Trustmark would not otherwise consider. Whatever the form of concession that might be granted by Trustmark, Management’s objective is to enhance collectability by obtaining more cash or other value from the borrower or by increasing the probability of receipt by granting the concession than by not granting it. Other concessions may arise from court proceedings or may be imposed by law. In addition, TDRs also include those credits that are extended or renewed to a borrower who is not able to obtain funds from sources other than Trustmark at a market interest rate for new debt with similar risk. At June 30, 2021 and 2020, LHFI classified as TDRs totaled $25.1 million and $26.9 million, respectively. At June 30, 2021, TDRs were primarily comprised of payment concessions, credits with interest-only payments for an extended period of time and credits renewed at a rate that was not commensurate with that of new debt with similar risk which totaled $16.4 million. At June 30, 2020, TDRs were primarily comprised of credits with interest-only payments for an extended period of time and credits renewed at a rate that was not commensurate with that of new debt with similar risk which totaled $14.6 million. The remaining TDRs at June 30, 2021 and 2020 resulted from bankruptcies or from payment or maturity extensions. Trustmark had $2.0 million of unused commitments on TDRs at June 30, 2021 compared to $5.6 million at June 30, 2020. At June 30, 2021, TDRs had a related ACL of $3.9 million, compared to $2.0 million at June 30, 2020. Trustmark had $3.7 million in charge-offs on TDRs for the six months ended June 30, 2021, compared to $2.2 million for the six months ended June 30, 2020. The following table illustrates the impact of modifications classified as TDRs for the periods presented ($ in thousands): Three Months Ended June 30, 2021 2020 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Loans secured by real estate: Construction, land development and other land 5 $ 5,582 $ 5,582 — $ — $ — Other secured by 1-4 family residential properties 3 37 37 3 206 210 Secured by nonfarm, nonresidential properties 1 377 377 1 139 139 Other loans secured by real estate: Secured by 1-4 family residential properties 1 123 123 — — — Commercial and industrial loans 1 1,000 1,000 — — — Consumer loans — — — 2 6 6 State and other political subdivision loans — — — 2 3,902 3,872 Other commercial loans 2 4,929 4,929 — — — Total 13 $ 12,048 $ 12,048 8 $ 4,253 $ 4,227 Six Months Ended June 30, 2021 2020 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Loans secured by real estate: Construction, land development and other land 5 5,582 5,582 — $ — $ — Other secured by 1-4 family residential properties 3 37 37 8 707 711 Secured by nonfarm, nonresidential properties 1 377 377 1 139 139 Other loans secured by real estate: Secured by 1-4 family residential properties 3 249 249 — — — Commercial and industrial loans 2 1,014 1,014 2 1,582 1,582 Consumer loans — — — 6 26 26 State and other political subdivision loans — — — 2 3,902 3,872 Other commercial loans 2 4,929 4,929 — — — Total 16 $ 12,188 $ 12,188 19 $ 6,356 $ 6,330 The table below includes the balances at default for TDRs modified within the last 12 months for which there was a payment default during the periods presented ($ in thousands): Six Months Ended June 30, 2021 2020 Number of Contracts Recorded Investment Number of Contracts Recorded Investment Loans secured by real estate: Other secured by 1-4 family residential properties — $ — 3 $ 420 Secured by nonfarm, nonresidential properties — — 1 139 Other loans secured by real estate: Secured by 1-4 family residential properties 1 78 — — Commercial and industrial loans — — 1 82 Other commercial loans 2 4,929 — — Total 3 $ 5,007 5 $ 641 Trustmark’s TDRs have resulted primarily from allowing the borrower to pay interest-only for an extended period of time and credits renewed at a rate that was not commensurate with that of new debt with similar risk rather than from forgiveness. Accordingly, as shown above, these TDRs have a similar recorded investment for both the pre-modification and post-modification disclosure. Trustmark has utilized loans 90 days or more past due to define payment default in determining TDRs that have subsequently defaulted. The following tables detail LHFI classified as TDRs by loan class at June 30, 2021 and 2020 ($ in thousands): June 30, 2021 Accruing Nonaccrual Total Loans secured by real estate: Construction, land development and other land $ — $ 5,593 $ 5,593 Other secured by 1-4 family residential properties — 1,160 1,160 Secured by nonfarm, nonresidential properties — 3,090 3,090 Other loans secured by real estate: Secured by 1-4 family residential properties 52 2,414 2,466 Commercial and industrial loans 2,500 1,608 4,108 Consumer loans — 12 12 State and other political subdivision loans — 3,677 3,677 Other commercial loans — 5,009 5,009 Total TDRs $ 2,552 $ 22,563 $ 25,115 June 30, 2020 Accruing Nonaccrual Total Loans secured by real estate: Construction, land development and other land $ — $ 14 $ 14 Other secured by 1-4 family residential properties 71 3,761 3,832 Secured by nonfarm, nonresidential properties — 3,010 3,010 Commercial and industrial loans 1,500 14,487 15,987 Consumer loans 18 21 39 State and other political subdivision loans — 3,872 3,872 Other commercial loans — 125 125 Total TDRs $ 1,589 $ 25,290 $ 26,879 The CARES Act, as amended by subsequent legislation, specified that COVID-19 related modifications executed between March 1, 2020 and the earlier of either (i) 60 days after the date of termination of the national emergency declared by the President or (ii) January 1, 2022, on loans that were current as of December 31, 2019 were not TDRs. Additionally, under guidance from the federal banking agencies, other short-term modifications made on a good faith basis in response to COVID-19 to borrowers that were current prior to any relief are not TDRs under the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Subtopic 310-40, “Troubled Debt Restructuring by Creditors.” These modifications include short-term (e.g., up to six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or delays in payment that are insignificant. Borrowers considered current are those that are less than 30 days past due on their contractual payments at the time a modification program is implemented. Commercial concessions were primarily either interest only for 90 days or full payment deferrals for 90 days . Consumer concessions were 90-day full payment deferrals. At June 30, 2021 , the balance of loans remaining under some type of COVID-19 related concession totaled $ 19.0 million compared to $ 34.2 million at December 31, 202 0 . Collateral-Dependent Loans The following table presents the amortized cost basis of collateral-dependent loans by class of loans and collateral type as of June 30, 2021 and December 31, 2020 ($ in thousands): June 30, 2021 Real Estate Equipment and Machinery Inventory and Receivables Vehicles Miscellaneous Total Loans secured by real estate: Construction, land development and other land $ 5,903 $ — $ — $ — $ — $ 5,903 Other secured by 1-4 family residential properties — — — — — — Secured by nonfarm, nonresidential properties 11,763 — — — — 11,763 Other real estate secured 57 — — — — 57 Other loans secured by real estate: Other construction — — — — — — Secured by 1-4 family residential properties 1,376 — — — — 1,376 Commercial and industrial loans 43 72 4,285 74 — 4,474 Consumer loans — — — — — — State and other political subdivision loans 3,854 — — — — 3,854 Other commercial loans 365 — 2,031 4 3,051 5,451 Total $ 23,361 $ 72 $ 6,316 $ 78 $ 3,051 $ 32,878 December 31, 2020 Real Estate Equipment and Machinery Inventory and Receivables Vehicles Miscellaneous Total Loans secured by real estate: Construction, land development and other land $ 5,756 $ — $ — $ — $ — $ 5,756 Other secured by 1-4 family residential properties 454 — — — — 454 Secured by nonfarm, nonresidential properties 12,037 — — — — 12,037 Other real estate secured 60 — — — — 60 Other loans secured by real estate: Other construction — — — — — — Secured by 1-4 family residential properties 1,441 — — — — 1,441 Commercial and industrial loans 86 425 4,899 135 8,531 14,076 Consumer loans — — — — — — State and other political subdivision loans 3,970 — — — — 3,970 Other commercial loans 606 — 1,958 — 3,051 5,615 Total $ 24,410 $ 425 $ 6,857 $ 135 $ 11,582 $ 43,409 A loan is collateral dependent when the borrower is experiencing financial difficulty and repayment of the loan is expected to be provided substantially through the sale of the collateral. The following provides a qualitative description by class of loan of the collateral that secures Trustmark’s collateral-dependent LHFI: • Loans secured by real estate – Loans within these loan classes are secured by liens on real estate properties. There have been no significant changes to the collateral that secures these financial assets during the period. • Other loans secured by real estate – Loans within these loan classes are secured by liens on real estate properties. There have been no significant changes to the collateral that secures these financial assets during the period. • Commercial and industrial loans – Loans within this loan class are primarily secured by inventory, accounts receivables, equipment and other non-real estate collateral. During the second quarter of 2021, a relationship previously reserved for was charged down to fair value. There have been no other significant changes to the collateral that secures these financial assets during the period. • State and other political subdivision loans – Loans within this loan class are secured by liens on real estate properties. There have been no significant changes to the collateral that secures these financial assets during the period. • Other commercial loans – Loans within this loan class are secured by liens on real estate properties or priority status of a Uniform Commercial Code agreement for non-real estate collateral. There have been no significant changes to the collateral that secures these financial assets during the period. Credit Quality Indicators Trustmark’s LHFI portfolio credit quality indicators focus on six key quality ratios that are compared against bank tolerances. The loan indicators are total classified outstanding, total criticized outstanding, nonperforming loans, nonperforming assets, delinquencies and net loan losses. Due to the homogenous nature of consumer loans, Trustmark does not assign a formal internal risk rating to each credit and therefore the criticized and classified measures are primarily composed of commercial loans. In addition to monitoring portfolio credit quality indicators, Trustmark also measures how effectively the lending process is being managed and risks are being identified. As part of an ongoing monitoring process, Trustmark grades the commercial portfolio segment as it relates to credit file completion and financial statement exceptions, underwriting, collateral documentation and compliance with law as shown below: • Credit File Completeness and Financial Statement Exceptions – evaluates the quality and condition of credit files in terms of content and completeness and focuses on efforts to obtain and document sufficient information to determine the quality and status of credits. Also included is an evaluation of the systems/procedures used to ensure compliance with policy. • Underwriting – evaluates whether credits are adequately analyzed, appropriately structured and properly approved within loan policy requirements. A properly approved credit is approved by adequate authority in a timely manner with all conditions of approval fulfilled. Total policy exceptions measure the level of underwriting and other policy exceptions within a portfolio segment. • Collateral Documentation – focuses on the adequacy of documentation to perfect Trustmark’s collateral position and substantiate collateral value. Collateral exceptions measure the level of documentation exceptions within a portfolio segment. Collateral exceptions occur when certain collateral documentation is either not present or not current. • Compliance with Law – focuses on underwriting, documentation, approval and reporting in compliance with banking laws and regulations. Primary emphasis is directed to the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), Regulation O requirements and regulations governing appraisals. Commercial Credits Trustmark has established a loan grading system that consists of ten individual credit risk grades (risk ratings) that encompass a range from loans where the expectation of loss is negligible to loans where loss has been established. The model is based on the risk of default for an individual credit and establishes certain criteria to delineate the level of risk across the ten unique credit risk grades. Credit risk grade definitions are as follows: • Risk Rate (RR) 1 through RR 6 – Grades one through six represent groups of loans that are not subject to criticism as defined in regulatory guidance. Loans in these groups exhibit characteristics that represent low to moderate risk measured by using a variety of credit risk criteria such as cash flow coverage, debt service coverage, balance sheet leverage, liquidity, management experience, industry position, prevailing economic conditions, support from secondary sources of repayment and other credit factors that may be relevant to a specific loan. In general, these loans are supported by properly margined collateral and guarantees of principal parties. • Other Assets Especially Mentioned (Special Mention) (RR 7) – a loan that has a potential weakness that if not corrected will lead to a more severe rating. This rating is for credits that are currently protected but potentially weak because of an adverse feature or condition that if not corrected will lead to a further downgrade. • Substandard (RR 8) – a loan that has at least one identified weakness that is well defined. This rating is for credits where the primary sources of repayment are not viable at the time of evaluation or where either the capital or collateral is not adequate to support the loan and the secondary means of repayment do not provide a sufficient level of support to offset the identified weakness. Loss potential exists in the aggregate amount of substandard loans but does not necessarily exist in individual loans. • Doubtful (RR 9) – a loan with an identified weakness that does not have a valid secondary source of repayment. Generally, these credits have an impaired primary source of repayment and secondary sources are not sufficient to prevent a loss in the credit. The exact amount of the loss has not been determined at this time. • Loss (RR 10) – a loan or a portion of a loan that is deemed to be uncollectible. By definition, credit risk grades special mention (RR 7), substandard (RR 8), doubtful (RR 9) and loss (RR 10) are criticized loans while substandard (RR 8), doubtful (RR 9) and loss (RR 10) are classified loans. These definitions are standardized by all bank regulatory agencies and are generally equally applied to each individual lending institution. The remaining credit risk grades are considered pass credits and are solely defined by Trustmark. To enhance this process, Trustmark has determined that loans will be individually assessed, and a formal analysis will be performed and based upon the analysis the loan will be written down to net realizable value. Trustmark will individually assess and remove loans from the pool in the following circumstances: • Commercial nonaccrual loans with total exposure of $500 thousand (excluding those portions of the debt that are government guaranteed or are secured by Trustmark deposits or marketable securities) or more. • Any loan that is believed to not share similar risk characteristics with the rest of the pool will be individually assessed. Otherwise, the loan will be left within the pool based on the results of the assessment. • Commercial accruing loans deemed to be a TDR with total exposure of $500 thousand (excluding those portions of the debt that are government guaranteed or are secured by Trustmark deposits or marketable securities) or more. If the loan is believed to not share similar risk characteristics with the rest of the loan pool, the loan will be individually assessed. Otherwise, the loan will be left within the pool and monitored on an ongoing basis. Each loan officer assesses the appropriateness of the internal risk rating assigned to their credits on an ongoing basis. Trustmark’s Asset Review area conducts independent credit quality reviews of the majority of Trustmark’s commercial loan portfolio both on the underlying credit quality of each individual loan class as well as the adherence to Trustmark’s loan policy and the loan administration process. In addition to the ongoing internal risk rate monitoring described above, Trustmark’s Credit Quality Review Committee meets monthly and performs a review of all loans of $100 thousand or more that are either delinquent 30 days or more or on nonaccrual. This review includes recommendations regarding risk ratings, accrual status, charge-offs and appropriate servicing officer as well as evaluation of problem credits for determination of TDRs. Quarterly, the Credit Quality Review Committee reviews and modifies continuous action plans for all credits risk rated seven or worse for relationships of $100 thousand or more. In addition, periodic reviews of significant development, commercial construction, multi-family and nonowner-occupied projects are performed. These reviews assess each particular project with respect to location, project valuations, progress of completion, leasing status, current financial information, rents, operating expenses, cash flow, adherence to budget and projections and other information as applicable. Summary results are reviewed by Senior and Regional Credit Officers in addition to the Chief Credit Officer with a determination made as to the appropriateness of existing risk ratings and accrual status. Consumer Credits Consumer LHFI that do not meet a minimum custom credit score are reviewed quarterly by Management. The Retail Credit Review Committee reviews the volume and percentage of approvals that did not meet the minimum passing custom score to ensure that Trustmark continues to originate quality loans. Trustmark monitors the levels and severity of past due consumer LHFI on a daily basis through its collection activities. A detailed assessment of consumer LHFI delinquencies is performed monthly at both a product and market level by delivery channel, which incorporates the perceived level of risk at time of underwriting. The tables below present the amortized cost basis of loans by credit quality indicator and class of loans based on analyses performed at June 30, 2021 and December 31, 2020 ($ in thousands): Term Loans by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Total As of June 30, 2021 Commercial LHFI Loans secured by real estate: Construction, land development and other land: Pass - RR 1 through RR 6 $ 188,112 $ 163,334 $ 36,863 $ 15,430 $ 1,880 $ 5,231 $ 33,860 $ 444,710 Special Mention - RR 7 — — — — — — — — Substandard - RR 8 2,538 15 3,461 44 12 112 — 6,182 Doubtful - RR 9 — — — — — 42 — 42 Total 190,650 163,349 40,324 15,474 1,892 5,385 33,860 450,934 Other secured by 1-4 family residential properties: Pass - RR 1 through RR 6 $ 20,192 $ 28,659 $ 15,975 $ 12,834 $ 7,585 $ 8,108 $ 7,366 $ 100,719 Special Mention - RR 7 143 181 — 47 — — — 371 Substandard - RR 8 649 432 7 181 157 676 — 2,102 Doubtful - RR 9 — 25 — — — — — 25 Total 20,984 29,297 15,982 13,062 7,742 8,784 7,366 103,217 Secured by nonfarm, nonresidential properties: Pass - RR 1 through RR 6 $ 281,444 $ 635,065 $ 590,473 $ 445,938 $ 241,109 $ 404,951 $ 79,715 $ 2,678,695 Special Mention - RR 7 10,324 9,729 1,445 1,683 1,640 4,874 — 29,695 Substandard - RR 8 14,553 2,787 24,746 4,211 3,747 59,278 1,508 110,830 Doubtful - RR 9 48 — 150 — — 206 — 404 Total 306,369 647,581 616,814 451,832 246,496 469,309 81,223 2,819,624 Other real estate secured: Pass - RR 1 through RR 6 $ 139,687 $ 90,717 $ 451,580 $ 256,369 $ 33,260 $ 79,188 $ 12,611 $ 1,063,412 Special Mention - RR 7 — — — — — 808 — 808 Substandard - RR 8 3,836 9,999 — 12 — 179 — 14,026 Doubtful - RR 9 — — — — — — — — Total 143,523 100,716 451,580 256,381 33,260 80,175 12,611 1,078,246 Term Loans by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Total As of June 30, 2021 Commercial LHFI Other loans secured by real estate: Other construction: Pass - RR 1 through RR 6 $ 178,219 $ 389,105 $ 231,297 $ 19,166 $ — $ — $ 8,505 $ 826,292 Special Mention - RR 7 — — — — — — — — Substandard - RR 8 1,373 — — — — — — 1,373 Doubtful - RR 9 — — — — — — — — Total 179,592 389,105 231,297 19,166 — — 8,505 827,665 Commercial and industrial loans: Pass - RR 1 through RR 6 $ 277,330 $ 304,664 $ 140,848 $ 43,836 $ 57,941 $ 77,328 $ 367,148 $ 1,269,095 Special Mention - RR 7 1,032 385 212 715 97 — 678 3,119 Substandard - RR 8 6,640 6,032 1,799 1,472 3,589 3,251 31,294 54,077 Doubtful - RR 9 1 134 43 111 — 25 — 314 Total 285,003 311,215 142,902 46,134 61,627 80,604 399,120 1,326,605 State and other political subdivision loans: Pass - RR 1 through RR 6 $ 232,696 $ 193,403 $ 92,035 $ 36,643 $ 100,328 $ 466,386 $ 8,069 $ 1,129,560 Special Mention - RR 7 — — — — — 3,350 — 3,350 Substandard - RR 8 — — — — — 3,854 — 3,854 Doubtful - RR 9 — — — — — — — — Total 232,696 193,403 92,035 36,643 100,328 473,590 8,069 1,136,764 Other commercial loans: Pass - RR 1 through RR 6 $ 53,866 $ 53,529 $ 69,767 $ 15,147 $ 8,607 $ 62,018 $ 176,553 $ 439,487 Special Mention - RR 7 — — — — — — — — Substandard - RR 8 — 7,235 2,113 415 — 316 14,804 24,883 Doubtful - RR 9 — 50 — — — 23 — 73 Total 53,866 60,814 71,880 15,562 8,607 62,357 191,357 464,443 Total commercial LHFI $ 1,412,683 $ 1,895,480 $ 1,662,814 $ 854,254 $ 459,952 $ 1,180,204 $ 742,111 $ 8,207,498 Term Loans by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Total As of June 30, 2021 Consumer LHFI Loans secured by real estate: Construction, land development and other land: Current $ 17,103 $ 43,274 $ 11,951 $ 4,272 $ 1,092 $ 3,183 $ 451 $ 81,326 Past due 30-89 days — — 162 19 — 65 — 246 Past due 90 days or more — — — — — — — — Nonaccrual — — — — — 131 — 131 Total 17,103 43,274 12,113 4,291 1,092 3,379 451 81,703 Other secured by 1-4 family residential properties: Current $ 16,240 $ 13,834 $ 7,724 $ 7,426 $ 3,730 $ 10,239 $ 341,240 $ 400,433 Past due 30-89 days — 42 112 — — 88 548 790 Past due 90 days or more — — 32 — — — 21 53 Nonaccrual 14 61 15 11 412 371 2,356 3,240 Total 16,254 13,937 7,883 7,437 4,142 10,698 344,165 404,516 Secured by nonfarm, nonresidential properties: Current $ 35 $ — $ — $ — $ 3 $ — $ — $ 38 Past due 30-89 days — — — — — — — — Past due 90 days or more — — — — — — — — Nonaccrual — — — — — — — — Total 35 — — — 3 — — 38 Other real estate secured: Current $ — $ 102 $ — $ 9 $ 34 $ 231 $ — $ 376 Past due 30-89 days — — — — — — — — Past due 90 days or more — — — — — — — — Nonaccrual — — — — — — — — Total — 102 — 9 34 231 — 376 Term Loans by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Total As of June 30, 2021 Consumer LHFI Other loans secured by real estate: Secured by 1-4 family residential properties Current $ 308,154 $ 258,410 $ 167,332 $ 133,808 $ 73,300 $ 346,774 $ — $ 1,287,778 Past due 30-89 days — 701 186 174 121 1,229 — 2,411 Past due 90 days or more — 253 — — — 2 — 255 Nonaccrual — 1,203 896 2,110 861 7,149 — 12,219 Total 308,154 260,567 168,414 136,092 74,282 355,154 — 1,302,663 Consumer loans: Current $ 37,466 $ 40,869 $ 15,320 $ 8,082 $ 2,317 $ 907 $ 50,097 $ 155,058 Past due 30-89 days 327 163 52 25 1 1 279 848 Past due 90 days or more 20 — 12 — — — 84 116 Nonaccrual — 5 3 20 10 1 14 53 Total 37,813 41,037 15,387 8,127 2,328 909 50,474 156,075 Total consumer LHFI $ 379,359 $ 358,917 $ 203,797 $ 155,956 $ 81,881 $ 370,371 $ 395,090 $ 1,945,371 Total LHFI $ 1,792,042 $ 2,254,397 $ 1,866,611 $ 1,010,210 $ 541,833 $ 1,550,575 $ 1,137,201 $ 10,152,869 Term Loans by Origination Year 2020 2019 2018 2017 2016 Prior Revolving Loans Total As of December 31, 2020 Commercial LHFI Loans secured by real estate: Construction, land development and other land: Pass - RR 1 through RR 6 $ 287,218 $ 62,078 $ 26,401 $ 4,487 $ 3,274 $ 3,564 $ 28,548 $ 415,570 Special Mention - RR 7 — — — — — — — — Substandard - RR 8 5,419 4,363 1,226 12 494 22 101 11,637 Doubtful - RR 9 — — — — — 42 — 42 Total 292,637 66,441 27,627 4,499 3,768 3,628 28,649 427,249 Other secured by 1-4 family residential properties: Pass - RR 1 through RR 6 $ 35,139 $ 19,596 $ 15,399 $ 9,605 $ 10,273 $ 4,786 $ 8,486 $ 103,284 Special Mention - RR 7 255 — 50 — — — — 305 Substandard - RR 8 1,155 8 914 341 302 337 3,950 7,007 Doubtful - RR 9 29 — — — — — — 29 Total 36,578 19,604 16,363 9,946 10,575 5,123 12,436 110,625 Secured by nonfarm, nonresidential properties: Pass - RR 1 through RR 6 $ 697,439 $ 496,476 $ 442,264 $ 293,072 $ 254,747 $ 251,219 $ 96,098 $ 2,531,315 Special Mention - RR 7 13,452 6,139 2,956 4,466 4,957 20,545 — 52,515 Substandard - RR 8 19,119 20,572 4,516 12,956 38,956 25,438 2,779 124,336 Doubtful - RR 9 52 163 — — 217 306 — 738 Total 730,062 523,350 449,736 310,494 298,877 297,508 98,877 2,708,904 Other real estate secured: Pass - RR 1 through RR 6 $ 146,803 $ 376,765 $ 347,472 $ 48,626 $ 89,824 $ 23,680 $ 12,116 $ 1,045,286 Special Mention - RR 7 — — — — — 841 — 841 Substandard - RR 8 18,649 14 18 — 556 122 — 19,359 Doubtful - RR 9 — — — — — — — — Total 165,452 376,779 347,490 48,626 90,380 24,643 12,116 1,065,486 Term Loans by Origination Year 2020 2019 2018 2017 2016 Prior Revolving Loans Total As of December 31, 2020 Commercial LHFI Other loans secured by real estate: Other construction Pass - RR 1 through RR 6 $ 262,544 $ 425,936 $ 81,476 $ 14,074 $ 2,464 $ — $ 7,735 $ 794,229 Special Mention - RR 7 — — — — — — — — Substandard - RR 8 754 — — — — — — 754 Doubtful - RR 9 — — — — — — — — Total 263,298 425,936 81,476 14,074 2,464 — 7,735 794,983 Commercial and industrial loans: Pass - RR 1 through RR 6 $ 444,304 $ 165,163 $ 77,611 $ 77,985 $ 59,131 $ 43,214 $ 372,486 $ 1,239,894 Special Mention - RR 7 677 45 — — — — 240 962 Substandard - RR 8 12,090 1,814 9,737 3,735 2,160 5,024 33,380 67,940 Doubtful - RR 9 151 95 — — 32 4 — 282 Total 457,222 167,117 87,348 81,720 61,323 48,242 406,106 1,309,078 State and other polit |