Loans Held for Investment and Allowance for Credit Losses on Loans | ( 4 ) LOANS HELD FOR INVESTMENT AND ALLOWANCE FOR CREDIT LOSSES ON LOANS Loans held for investment are summarized by portfolio segment as follows: June 30, 2021 December 31, 2020 Amount Amount (Dollars in thousands) BancFirst Real estate: Commercial real estate owner occupied $ 661,530 $ 641,987 Commercial real estate non-owner occupied 989,560 971,158 Construction and development < 60 months 297,205 229,615 Construction residential real estate < 60 months 208,210 206,195 Residential real estate first lien 865,557 853,316 Residential real estate all other 163,290 168,081 Farmland 269,008 252,958 Commercial and agricultural non-real estate 1,105,777 1,159,810 Consumer non-real estate 371,557 355,405 Oil and gas 130,459 179,355 Other loans (2) 543,034 822,078 Pegasus Bank 586,043 554,548 Total (1) $ 6,191,230 $ 6,394,506 (1) Excludes accrued interest receivable of $22.9 million at June 30, 2021 and $26.0 million at December 31, 2020, that is recorded in accrued interest receivable and other assets. (2) Includes PPP loans held for investment of $368.6 million, net of unamortized processing fees of $16.6 million at June 30, 2021 and $652.7 million, net of unamortized processing fees of $14.5 million at December 31, 2020. Other loans. Other loans consist of loans approved by the Small Business Administration (“SBA”), which include loans funded through the Paycheck Protection Program (“PPP”). Since PPP loans are fully guaranteed by the SBA, there is no expected credit loss related to these loans. In April 2020, the Company began originating loans to qualified small businesses under the PPP administered by the SBA. T he Company had processing fees, which were recognized as interest income related to the PPP loans totaling $11.9 million and $3.7 million during the three months ended June 30, 2021 and 2020, respectively and $21.7 million and $3.7 million during the six months ended June 30, 2021 and 2020, respectively. BancFirst’s loans are mostly to customers within Oklahoma and approximately 56% of the loans are secured by real estate. Credit risk on loans is managed through limits on amounts loaned to individual and related borrowers, underwriting standards and loan monitoring procedures. The amounts and types of collateral obtained, if any, to secure loans are based upon the Company’s underwriting standards and management’s credit evaluation. Collateral varies, but may include real estate, equipment, accounts receivable, inventory, livestock and securities. The Company’s interest in collateral is secured through filing mortgages and liens, and in some cases, by possession of the collateral. Pegasus Bank’s loans are mostly to customers within Texas and approximately $297 million or 51% of the loans are secured by real estate at June 30, 2021. Pegasus Bank’s commercial and agricultural non-real estate loans were approximately $268 million at June 30, 2021 and approximately $262 million at December 31, 2020. BancFirst and Pegasus Bank’s commercial and agricultural non-real estate and oil and gas loan categories include upstream and midstream energy loans, and loans to companies that provide ancillary services to the energy industry, such as transportation, wellsite preparation contractors and equipment manufacturers. Energy loans are summarized as follows: June 30, 2021 December 31, 2020 Amount Amount (Dollars in thousands) BancFirst energy loans Upstream $ 141,651 $ 190,788 Midstream 37,134 49,734 Ancillary services 74,919 59,410 Pegasus Bank energy loans Upstream 127,736 107,103 Midstream 8,797 11,047 Ancillary services 14,049 12,503 Total $ 404,286 $ 430,585 Accounting policies related to appraisals, and charge-offs are disclosed in Note (1) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Troubled Debt Restructurings, Other Real Estate Owned and Repossessed Assets and Held for Sale Assets The following is a summary of troubled debt restructurings and other real estate owned and repossessed assets: June 30, December 31, 2021 2020 (Dollars in thousands) Troubled debt restructurings $ 7,485 $ 7,784 Other real estate owned and repossessed assets $ 40,183 $ 32,480 The Company charges interest on principal balances outstanding on troubled debt restructurings during deferral periods. The current and future financial effects of the recorded balance of loans considered to be troubled debt restructurings were not considered to be material. During the first half of 2021, the Company completed the move to its new corporate headquarters and transferred approximately $2.4 million from premises and equipment to other real estate owned related to its previous headquarters. In addition, other real estate owned of approximately $2.5 million was purchased from the First National Bank and Trust Company of Vinita, Oklahoma. During the first half of 2021, the Company sold property held in other real estate owned for a total loss of $105,000, compared to a total gain of $2.3 million in the first half of 2020. Nonaccrual loans Had nonaccrual loans performed in accordance with their original contractual terms, the Company would have recognized additional interest income of approximately $1.2 million for the six months ended June 30, 2021 and approximately $983,000 for the six months ended June 30, 2020. Nonaccrual loans guaranteed by government agencies totaled approximately $3.5 million at June 30, 2021 and approximately $7.8 million at December 31, 2020. The following table is a summary of amounts included in nonaccrual loans, segregated by portfolio segment. June 30, 2021 December 31, 2020 (Dollars in thousands) BancFirst Real estate: Commercial real estate owner occupied $ 2,572 $ 1,404 Commercial real estate non-owner occupied 422 4,719 Construction and development < 60 months 88 95 Construction residential real estate < 60 months — — Residential real estate first lien 3,518 3,615 Residential real estate all other 1,188 1,362 Farmland 6,354 7,901 Commercial and agricultural non-real estate 13,185 12,782 Consumer non-real estate 188 268 Oil and gas — — Other loans 2,287 5,399 Pegasus Bank — — Total $ 29,802 $ 37,545 Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. The following table presents an age analysis of our loans held for investment: Age Analysis of Past Due Loans 30-59 Days Past Due 60-89 Days Past Due 90 Days and Greater Total Past Due Loans Current Loans Total Loans Accruing Loans 90 Days or More Past Due (Dollars in thousands) As of June 30, 2021 BancFirst Real estate: Commercial real estate owner occupied $ 604 $ — $ 1,012 $ 1,616 $ 659,914 $ 661,530 $ 80 Commercial real estate non-owner occupied 205 — 112 317 989,243 989,560 37 Construction and development < 60 months 53 1,605 137 1,795 295,410 297,205 137 Construction residential real estate < 60 months 103 — — 103 208,107 208,210 — Residential real estate first lien 3,639 447 3,989 8,075 857,482 865,557 2,070 Residential real estate all other 1,195 40 1,536 2,771 160,519 163,290 458 Farmland 1,036 989 4,327 6,352 262,656 269,008 157 Commercial and agricultural non-real estate 3,780 2,821 8,393 14,994 1,090,783 1,105,777 638 Consumer non-real estate 1,620 353 221 2,194 369,363 371,557 190 Oil and gas — — — — 130,459 130,459 — Other loans 1,472 478 2,102 4,052 538,982 543,034 619 Pegasus Bank — — — — 586,043 586,043 — Total $ 13,707 $ 6,733 $ 21,829 $ 42,269 $ 6,148,961 $ 6,191,230 $ 4,386 As of December 31, 2020 BancFirst Real estate: Commercial real estate owner occupied $ 1,096 $ 108 $ 1,164 $ 2,368 $ 639,619 $ 641,987 $ — Commercial real estate non-owner occupied 323 — 34 357 970,801 971,158 35 Construction and development < 60 months 511 86 — 597 229,018 229,615 — Construction residential real estate < 60 months 1,106 — 282 1,388 204,807 206,195 282 Residential real estate first lien 5,428 1,463 2,978 9,869 843,447 853,316 945 Residential real estate all other 520 55 1,606 2,181 165,900 168,081 384 Farmland 1,297 344 6,223 7,864 245,094 252,958 135 Commercial and agricultural non-real estate 2,788 1,794 4,345 8,927 1,150,883 1,159,810 465 Consumer non-real estate 2,154 501 534 3,189 352,216 355,405 386 Oil and gas — — — — 179,355 179,355 — Other loans 951 1,223 6,618 8,792 813,286 822,078 2,170 Pegasus Bank — — — — 554,548 554,548 — Total $ 16,174 $ 5,574 $ 23,784 $ 45,532 $ 6,348,974 $ 6,394,506 $ 4,802 Due to the impacts of the COVID-19 pandemic, the Company had approximately $61.8 million in modified loans as of June 30, 2021 and $81.7 million in modified loans as of December 31, 2020, most of which were secured by commercial real estate. These modifications were undertaken in response to Section 4013 of the CARES Act and the regulatory intent outlined in the Interagency Statement on Loan Modifications by Financial Institutions Working with Customers Affected by the Coronavirus and to provide businesses financial flexibility until the economy has time to recover to a more normal level of activity. However, these modifications, which typically involve payment modifications and forbearance, also have the effect of delaying recognition of loans that may ultimately be permanently impaired. The timing and extent of such consequences are difficult to ascertain at this time and are dependent on the duration of the COVID-19 pandemic, the level and success of the government’s economic stimulus, and further regulatory guidance. These modified loans are included in Current Loans in the table above. Credit Quality Indicators The Company considers credit quality indicators to monitor the credit risk in the loan portfolio including volume and severity of loan delinquencies, nonaccrual loans, internal grading of loans, historical credit loss experience and economic conditions. An internal risk grading system is used to indicate the credit risk of loans. The loan grades used by the Company are for internal risk identification purposes and do not directly correlate to regulatory classification categories or any financial reporting definitions. The general characteristics of the risk grades and the table summarizing our gross loans held for investment by year of origination and internally assigned credit grades as of December 31, 2020, are disclosed in Note (5) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. The Company’s revolving loans that are converted to term loans are not material and therefore have not been presented. The following table summarizes our gross loans held for investment by year of origination and internally assigned credit grades as of June 30, 2021: Term Loans Amortized Cost Basis by Origination Year 2021 2020 2019 2018 2017 Prior Revolving Loans Amortized Cost Basis Total (Dollars in thousands) As of June 30, 2021 BancFirst Commercial real estate owner occupied Grade 1 $66,327 $135,671 $83,146 $53,559 $36,961 $112,760 $11,507 $499,931 Grade 2 17,354 38,028 30,351 10,695 9,710 40,707 4,904 151,749 Grade 3 3 3,905 27 266 476 2,621 — 7,298 Grade 4 349 — 921 539 — 436 307 2,552 Total commercial real estate owner occupied loans 84,033 177,604 114,445 65,059 47,147 156,524 16,718 661,530 Commercial real estate non-owner occupied Grade 1 95,260 227,302 147,192 62,169 61,402 137,491 18,024 748,840 Grade 2 16,345 59,541 44,838 37,862 19,357 43,884 4,657 226,484 Grade 3 7,453 — 3,412 214 1,607 865 — 13,551 Grade 4 — — 50 37 — 598 — 685 Total commercial real estate non-owner occupied loans 119,058 286,843 195,492 100,282 82,366 182,838 22,681 989,560 Construction and development < 60 months Grade 1 91,143 63,018 66,976 11,381 2,547 3,210 10,454 248,729 Grade 2 12,579 12,938 12,391 2,187 1,811 773 2,128 44,807 Grade 3 1,753 1,690 130 7 — — — 3,580 Grade 4 — — 61 8 20 — — 89 Total construction and development < 60 months 105,475 77,646 79,558 13,583 4,378 3,983 12,582 297,205 Construction residential real estate < 60 months Grade 1 101,482 69,169 52 — 20 30 7,264 178,017 Grade 2 14,182 14,919 — 109 — 437 — 29,647 Grade 3 546 — — — — — — 546 Total construction residential real estate < 60 months 116,210 84,088 52 109 20 467 7,264 208,210 Residential real estate first lien Grade 1 134,782 188,553 109,336 69,907 54,107 154,974 — 711,659 Grade 2 22,669 25,098 16,385 19,237 10,187 42,381 — 135,957 Grade 3 1,102 1,809 2,526 901 1,360 4,832 — 12,530 Grade 4 49 511 442 1,149 934 2,326 — 5,411 Total residential real estate first lien 158,602 215,971 128,689 91,194 66,588 204,513 — 865,557 Residential real estate all other Grade 1 9,847 16,428 11,139 8,009 5,157 15,276 28,321 94,177 Grade 2 746 3,263 1,743 1,325 1,137 2,367 53,510 64,091 Grade 3 272 140 410 248 718 376 1,042 3,206 Grade 4 14 211 — 579 15 652 345 1,816 Total residential real estate all other 10,879 20,042 13,292 10,161 7,027 18,671 83,218 163,290 Farmland Grade 1 26,621 46,638 25,418 18,375 13,983 35,431 7,521 173,987 Grade 2 8,767 9,048 26,148 5,702 5,457 13,424 10,709 79,255 Grade 3 2,786 2,068 1,676 300 742 1,213 1,842 10,627 Grade 4 — 1,195 — 3,187 296 183 278 5,139 Total farmland 38,174 58,949 53,242 27,564 20,478 50,251 20,350 269,008 Commercial and agricultural non-real estate Grade 1 190,653 135,726 105,770 64,491 54,567 54,870 220,348 826,425 Grade 2 38,938 47,478 29,481 11,780 3,885 18,985 68,353 218,900 Grade 3 4,900 5,500 1,706 12,010 1,858 639 21,708 48,321 Grade 4 262 1,783 1,555 599 811 1,299 5,822 12,131 Total commercial and agricultural non-real estate 234,753 190,487 138,512 88,880 61,121 75,793 316,231 1,105,777 Consumer non-real estate Grade 1 110,171 116,215 64,985 27,641 9,497 4,018 7,084 339,611 Grade 2 9,362 9,659 4,641 2,833 1,099 1,653 287 29,534 Grade 3 229 405 787 290 154 147 3 2,015 Grade 4 14 67 180 58 19 55 4 397 Total consumer non-real estate 119,776 126,346 70,593 30,822 10,769 5,873 7,378 371,557 Oil and gas Grade 1 53,326 115 59 66 — 3,444 33,676 90,686 Grade 2 10,051 3,347 69 — — — 9,419 22,886 Grade 3 16,887 — — — — — — 16,887 Total oil and gas 80,264 3,462 128 66 — 3,444 43,095 130,459 Other loans Grade 1 379,715 34,608 29,464 24,034 18,060 25,568 23,298 534,747 Grade 2 — — 250 17 2,638 2,434 820 6,159 Grade 3 — 11 225 10 1 99 199 545 Grade 4 — 137 — — 294 140 1,012 1,583 Total other loans 379,715 34,756 29,939 24,061 20,993 28,241 25,329 543,034 Pegasus Bank Grade 1 64,138 87,556 58,223 7,261 16,202 52,432 153,260 439,072 Grade 2 27,016 14,313 18,116 10,578 21,378 6,717 48,741 146,859 Grade 3 — 112 — — — — — 112 Total Pegasus Bank 91,154 101,981 76,339 17,839 37,580 59,149 202,001 586,043 Total loans held for investment $1,538,093 $1,378,175 $900,281 $469,620 $358,467 $789,747 $756,847 $6,191,230 Allowance for Credit Losses Methodology On January 1, 2020, the Company adopted ASC 326, which replaces the incurred loss methodology for determining its provision for credit losses and allowance for credit losses with an expected loss methodology that is referred to as the CECL model. Upon adoption, the allowance for credit losses was decreased by $3.2 million, with no impact to the consolidated statement of income. The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist by identifying by portfolio segments, the applicable weighted average life and measuring the allowance for credit losses using the vintage loss analysis adjusted for qualitative factors. The weighted average lives of the Company’s loans segments are disclosed in Note (1) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. The decrease in the allowance for credit loss during the second quarter of 2021 was primarily driven by a reversal of provision during the quarter based on sustained improvements in the economy, both nationally and in Oklahoma, which reduced the amount of expected credit loss within the loan portfolio. This reduction was partially offset by additional allowance for credit loss required by newly acquired loans purchased with credit deterioration. The following table details activity in the allowance for credit losses on loans for the period presented. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Allowance for Credit Losses Balance at beginning of period Initial allowance on loans purchased with credit deterioration Charge- offs Recoveries Net charge-offs (Benefit from) /Provision for credit losses on loans Balance at end of period (Dollars in thousands) Three Months Ended June 30, 2021 BancFirst Real estate: Commercial real estate owner occupied $ 6,595 $ 987 $ — $ 1 $ 1 $ (828 ) $ 6,755 Commercial real estate non-owner occupied 16,955 633 (758 ) — (758 ) (2,340 ) 14,490 Construction and development < 60 months 2,743 173 — 2 2 (25 ) 2,893 Construction residential real estate < 60 months 983 — — — — (94 ) 889 Residential real estate first lien 2,592 117 (9 ) 12 3 93 2,805 Residential real estate all other 1,873 — (30 ) 1 (29 ) 97 1,941 Farmland 3,077 643 — 1 1 (6 ) 3,715 Commercial and agricultural non-real estate 32,685 4,711 (3,433 ) 125 (3,308 ) (2,473 ) 31,615 Consumer non-real estate 3,256 8 (209 ) 86 (123 ) 174 3,315 Oil and gas 12,131 — — — — (4,314 ) 7,817 Other loans 3,190 — (9 ) — (9 ) (43 ) 3,138 Pegasus Bank 4,780 — — — — (190 ) 4,590 Total $ 90,860 $ 7,272 $ (4,448 ) $ 228 $ (4,220 ) $ (9,949 ) $ 83,963 Six Months Ended June 30, 2021 BancFirst Real estate: Commercial real estate owner occupied $ 7,035 $ 987 $ — $ 1 $ 1 $ (1,268 ) $ 6,755 Commercial real estate non-owner occupied 11,842 633 (796 ) — (796 ) 2,811 14,490 Construction and development < 60 months 2,560 173 — 5 5 155 2,893 Construction residential real estate < 60 months 627 — — — — 262 889 Residential real estate first lien 2,570 117 (52 ) 27 (25 ) 143 2,805 Residential real estate all other 2,230 — (46 ) 4 (42 ) (247 ) 1,941 Farmland 3,136 643 — 1 1 (65 ) 3,715 Commercial and agricultural non-real estate 32,400 4,711 (3,537 ) 151 (3,386 ) (2,110 ) 31,615 Consumer non-real estate 3,377 8 (622 ) 198 (424 ) 354 3,315 Oil and gas 17,851 — — — — (10,034 ) 7,817 Other loans 3,182 — (61 ) — (61 ) 17 3,138 Pegasus Bank 4,556 — — 1 1 33 4,590 Total $ 91,366 $ 7,272 $ (5,114 ) $ 388 $ (4,726 ) $ (9,949 ) $ 83,963 Allowance for Credit Losses Balance at beginning of period Impact of CECL adoption Initial allowance on loans purchased with credit deterioration Charge- offs Recoveries Net charge-offs Provision for /(benefit from) credit losses on loans Balance at end of period (Dollars in thousands) Three Months Ended June 30, 2020 BancFirst Real estate: Commercial real estate owner occupied $ 4,544 $ — $ — $ (113 ) $ 1 $ (112 ) $ 2,198 $ 6,630 Commercial real estate non-owner occupied 5,935 — — — — — 3,548 9,483 Construction and development < 60 months 1,136 — — (56 ) 3 (53 ) 672 1,755 Construction residential real estate < 60 months 1,618 — — (28 ) — (28 ) 669 2,259 Residential real estate first lien 6,192 — — (66 ) 4 (62 ) 2,423 8,553 Residential real estate all other 2,292 — — (7 ) 1 (6 ) 434 2,720 Farmland 1,788 — — — — — 723 2,511 Commercial and agricultural non-real estate 33,993 — — (287 ) 66 (221 ) 264 34,036 Consumer non-real estate 3,385 — — (235 ) 57 (178 ) 1,507 4,714 Oil and gas 3,283 — — — — — 7,186 10,469 Other loans 2,751 — — — — — (238 ) 2,513 Pegasus Bank 3,163 — — 330 417 747 (53 ) 3,857 Total $ 70,080 $ — $ — $ (462 ) $ 549 $ 87 $ 19,333 $ 89,500 Six Months Ended June 30, 2020 BancFirst Real estate: Commercial real estate owner occupied $ 5,625 $ (2,806 ) $ 432 $ (113 ) $ 1 $ (112 ) $ 3,491 $ 6,630 Commercial real estate non-owner occupied 8,358 (5,507 ) — — — — 6,632 9,483 Construction and development < 60 months 2,214 (1,056 ) — (59 ) 3 (56 ) 653 1,755 Construction residential real estate < 60 months 1,933 (778 ) — (29 ) — (29 ) 1,133 2,259 Residential real estate first lien 8,692 (3,831 ) 7 (218 ) 6 (212 ) 3,897 8,553 Residential real estate all other 2,767 (1,408 ) — (32 ) 28 (4 ) 1,365 2,720 Farmland 2,821 (1,408 ) 1 — — — 1,097 2,511 Commercial and agricultural non-real estate 13,462 13,195 62 (374 ) 83 (291 ) 7,608 34,036 Consumer non-real estate 3,252 (622 ) — (556 ) 114 (442 ) 2,526 4,714 Oil and gas 1,883 (1,346 ) — — — — 9,932 10,469 Other loans 2,632 (116 ) — — 2 2 (5 ) 2,513 Pegasus Bank 599 2,488 — (241 ) 424 183 587 3,857 Total $ 54,238 $ (3,195 ) $ 502 $ (1,622 ) $ 661 $ (961 ) $ 38,916 $ 89,500 Purchased Credit Deteriorated Loans The Company has previously purchased loans, for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination. The credit-deteriorated loans purchased during the six-month periods ended June 30, 2021 and June 30, 2020 were as follows: Loans acquired with deteriorated credit quality (Dollars in thousands) For the period ended June 30, 2021 Purchase price of loans at acquisition $ 26,779 Allowance for credit losses at acquisition 7,272 Par value of acquired loans at acquisition $ 34,051 For the period ended June 30, 2020 Purchase price of loans at acquisition $ 1,761 Allowance for credit losses at acquisition 502 Par value of acquired loans at acquisition $ 2,263 Collateral Dependent Loans A loan is considered collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. During the six months ended June 30, 2021 and 2020, no material amount of interest income was recognized on collateral-dependent loans subsequent to their classification as collateral-dependent. The following table summarizes collateral-dependent gross loans held for investment by collateral type and the related specific allocation as follows: Collateral Type Real Estate Business Assets Energy Reserves Other Assets Total Specific Allocation (Dollars in thousands) As of June 30, 2021 BancFirst Real estate: Commercial real estate owner occupied $ 645 $ — $ — $ — $ 645 $ 176 Commercial real estate non-owner occupied — — — — — — Construction and development < 60 months — — — — — — Construction residential real estate < 60 months — — — — — — Residential real estate first lien 806 — — — 806 158 Residential real estate all other 650 — — — 650 568 Farmland 3,215 — — — 3,215 1,123 Commercial and agricultural non-real estate — 5,211 — 5,188 10,399 778 Consumer non-real estate — — — 22 22 4 Oil and gas — — — — — — Other loans — 15 — — 15 15 Pegasus Bank — — — — — — Total collateral-dependent loans held for investment $ 5,316 $ 5,226 $ — $ 5,210 $ 15,752 $ 2,822 Collateral Type Real Estate Business Assets Energy Reserves Other Assets Total Specific Allocation (Dollars in thousands) As of December 31, 2020 BancFirst Real estate: Commercial real estate owner occupied $ 848 $ — $ — $ — $ 848 $ 226 Commercial real estate non-owner occupied 4,719 — — — 4,719 1,000 Construction and development < 60 months — — — — — — Construction residential real estate < 60 months — — — — — — Residential real estate first lien 860 — — — 860 151 Residential real estate all other 866 — — — 866 616 Farmland 3,258 — — — 3,258 1,114 Commercial and agricultural non-real estate — 8,460 — 413 8,873 2,813 Consumer non-real estate — — — 109 109 58 Oil and gas — — — — — — Other loans — 13 — — 13 12 Pegasus Bank 1,257 — — — 1,257 222 Total collateral-dependent loans held for investment $ 11,808 $ 8,473 $ — $ 522 $ 20,803 $ 6,212 Non-Cash Transfers from Loans and Premises and Equipment Transfers from loans and premises and equipment to other real estate owned and repossessed assets are non-cash transactions, and are not included in the statements of cash flow. Transfers from loans and premises and equipment to other real estate owned and repossessed assets during the periods presented are summarized as follows: Six Months Ended June 30, 2021 2020 (Dollars in thousands) Other real estate owned $ 9,438 $ 2,876 Repossessed assets 427 722 Total $ 9,865 $ 3,598 |