Loans and Allowance for Loan Losses | Note 6 — Loans and Allowance for Loan Losses The following is a summary of non-acquired loans: March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 Non-acquired loans: Commercial non-owner occupied real estate: Construction and land development $ 871,141 $ 830,875 $ 646,544 Commercial non-owner occupied 1,050,924 1,008,893 803,998 Total commercial non-owner occupied real estate 1,922,065 1,839,768 1,450,542 Consumer real estate: Consumer owner occupied 1,612,501 1,530,260 1,252,650 Home equity loans 448,582 437,642 396,806 Total consumer real estate 2,061,083 1,967,902 1,649,456 Commercial owner occupied real estate 1,296,738 1,262,776 1,200,004 Commercial and industrial 872,363 815,187 725,974 Other income producing property 198,684 193,847 182,416 Consumer 390,784 378,985 340,292 Other loans 20,795 33,690 15,623 Total non-acquired loans 6,762,512 6,492,155 5,564,307 Less allowance for loan losses (45,203) (43,448) (38,449) Non-acquired loans, net $ 6,717,309 $ 6,448,707 $ 5,525,858 The following is a summary of acquired non-credit impaired loans accounted for under FASB ASC Topic 310-20, net of related discount: March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 FASB ASC Topic 310-20 acquired loans: Commercial non-owner occupied real estate: Construction and land development $ 349,532 $ 403,357 $ 141,897 Commercial non-owner occupied 783,466 817,166 217,850 Total commercial non-owner occupied real estate 1,132,998 1,220,523 359,747 Consumer real estate: Consumer owner occupied 683,614 710,611 550,578 Home equity loans 295,721 320,591 186,411 Total consumer real estate 979,335 1,031,202 736,989 Commercial owner occupied real estate 498,541 521,818 238,612 Commercial and industrial 344,171 398,696 136,309 Other income producing property 186,091 196,669 92,044 Consumer 133,802 137,710 151,941 Other — 1,289 — Total FASB ASC Topic 310-20 acquired loans $ 3,274,938 $ 3,507,907 $ 1,715,642 The unamortized discount related to the acquired non-credit impaired loans totaled $55.3 million, $65.2 million, and $26.3 million at March 31, 2018, December 31, 2017, and March 31, 2017, respectively. In accordance with FASB ASC Topic 310-30, the Company aggregated acquired loans that have common risk characteristics into pools of loan categories as described in the table below. The following is a summary of acquired credit impaired loans accounted for under FASB ASC Topic 310-30 (identified as credit impaired at the time of acquisition), net of related discount: March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 FASB ASC Topic 310-30 acquired loans: Commercial real estate 233,277 234,595 223,156 Commercial real estate—construction and development 46,219 49,649 57,343 Residential real estate 248,766 260,787 266,484 Consumer 48,801 51,453 58,688 Commercial and industrial 24,295 26,946 26,225 Total FASB ASC Topic 310-30 acquired loans 601,358 623,430 631,896 Less allowance for loan losses (4,084) (4,627) (4,556) FASB ASC Topic 310-30 acquired loans, net $ 597,274 $ 618,803 $ 627,340 Contractual loan payments receivable, estimates of amounts not expected to be collected, other fair value adjustments and the resulting fair values of FASB ASC Topic 310-30 acquired loans impaired and non-impaired at the acquisition date for PSC (November 30, 2017) are as follows: November 30, 2017 Loans Impaired (Dollars in thousands) at Acquisition Contractual principal and interest $ 92,600 Non-accretable difference (12,840) Cash flows expected to be collected 79,760 Accretable difference (8,829) Carrying value $ 70,931 The table above excludes $2.2 billion ($2.3 billion in contractual principal less a $50.1 million fair value adjustment) in acquired loans at fair value that were identified as either performing with no discount related to the credit or as revolving lines of credit (commercial or consumer) as of the acquisition date and will be accounted for under FASB ASC Topic 310-20. Contractual loan payments receivable, estimates of amounts not expected to be collected, other fair value adjustments and the resulting fair values of FASB ASC Topic 310-30 acquired loans impaired and non-impaired at the acquisition date for SBFC (January 3, 2017) are as follows: January 3, 2017 Loans Impaired (Dollars in thousands) at Acquisition Contractual principal and interest $ 73,365 Non-accretable difference (12,912) Cash flows expected to be collected 60,453 Accretable difference (4,603) Carrying value $ 55,850 The table above excludes $991.5 million ($1.01 billion in contractual principal less a $18.8 million fair value adjustment) in acquired loans at fair value that were identified as either performing with no discount related to the credit or as revolving lines of credit (commercial or consumer) as of the acquisition date and will be accounted for under FASB ASC Topic 310-20. Contractual loan payments receivable, estimates of amounts not expected to be collected, other fair value adjustments and the resulting carrying values of acquired credit impaired loans as of March 31, 2018, December 31, 2017 and March 31, 2017 are as follows: March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 Contractual principal and interest $ 765,057 $ 795,850 $ 812,892 Non-accretable difference (33,841) (39,324) (31,273) Cash flows expected to be collected 731,216 756,526 781,619 Accretable yield (129,858) (133,096) (149,723) Carrying value $ 601,358 $ 623,430 $ 631,896 Allowance for acquired loan losses $ (4,084) $ (4,627) $ (4,556) Income on acquired credit impaired loans that are not impaired at the acquisition date is recognized in the same manner as loans impaired at the acquisition date. A portion of the fair value discount on acquired non-impaired loans has been ascribed as an accretable difference that is accreted into interest income over the estimated remaining life of the loans. The remaining nonaccretable difference represents cash flows not expected to be collected. The following are changes in the carrying value of acquired credit impaired loans: Three Months Ended March 31, (Dollars in thousands) 2018 2017 Balance at beginning of period $ 618,803 $ 602,546 Fair value of acquired loans — 55,850 Net reductions for payments, foreclosures, and accretion (22,072) (29,895) Change in the allowance for loan losses on acquired loans 543 (1,161) Balance at end of period, net of allowance for loan losses on acquired loans $ 597,274 $ 627,340 The table below reflects refined accretable yield balance for acquired credit impaired loans: Three Months Ended March 31, (Dollars in thousands) 2018 2017 Balance at beginning of period $ 133,096 $ 155,379 Addition from the SBFC acquisition — 4,603 Accretion (12,366) (15,214) Reclass of nonaccretable difference due to improvement in expected cash flows 9,204 5,062 Other changes, net (76) (107) Balance at end of period $ 129,858 $ 149,723 In the first quarter of 2018, the accretable yield balance declined by $3.2 million as loan accretion (income) of $12.4 million was recognized. This was partially offset by improved expected cash flows of $9.2 million during the first quarter of 2018. Our loan loss policy adheres to GAAP as well as interagency guidance. The ALLL is based upon estimates made by management. We maintain an ALLL at a level that we believe is appropriate to cover estimated credit losses on individually evaluated loans that are determined to be impaired as well as estimated credit losses inherent in the remainder of our loan portfolio. Arriving at the allowance involves a high degree of management judgment and results in a range of estimated losses. We regularly evaluate the adequacy of the allowance through our internal risk rating system, outside credit review, and regulatory agency examinations to assess the quality of the loan portfolio and identify problem loans. The evaluation process also includes our analysis of current economic conditions, composition of the loan portfolio, past due and nonaccrual loans, concentrations of credit, lending policies and procedures, and historical loan loss experience. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on, among other factors, changes in economic conditions in our markets. In addition, as noted above, regulatory agencies, as an integral part of their examination process, periodically review our allowances for losses on loans. These agencies may require management to recognize additions to the allowances based on their judgments about information available to them at the time of their examination. Because of these and other factors, it is possible that the allowances for losses on loans may change. The provision for loan losses is charged to expense in an amount necessary to maintain the allowance at an appropriate level. The ALLL on non‑acquired loans consists of general and specific reserves. The general reserves are determined by applying loss percentages to the portfolio that are based on historical loss experience for each class of loans and management’s evaluation and “risk grading” of the loan portfolio. Additionally, the general economic and business conditions affecting key lending areas, credit quality trends, collateral values, loan volumes and concentrations, seasoning of the loan portfolio, the findings of internal and external credit reviews and results from external bank regulatory examinations are included in this evaluation. Currently, these adjustments are applied to the non‑acquired loan portfolio when estimating the level of reserve required. The specific reserves are determined on a loan‑by‑loan basis based on management’s evaluation of our exposure for each credit, given the current payment status of the loan and the value of any underlying collateral. These are loans classified by management as doubtful or substandard. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. Generally, the need for specific reserve is evaluated on impaired loans, and once a specific reserve is established for a loan, a charge-off of that amount occurs in the quarter subsequent to the establishment of the specific reserve. Loans that are determined to be impaired are provided a specific reserve, if necessary, and are excluded from the calculation of the general reserves. Beginning with the First Financial Holdings, Inc. acquisition in 2013, the Company segregates the acquired loan portfolio into performing loans (“non‑credit impaired) and purchased credit impaired loans. The performing loans and revolving type loans are accounted for under FASB ASC 310‑20, with each loan being accounted for individually. The ALLL on these loans will be measured and recorded consistent with non‑acquired loans. The acquired credit impaired loans will follow the description in the next paragraph. In determining the acquisition date fair value of purchased loans, and in subsequent accounting, the Company generally aggregates purchased loans into pools of loans with common risk characteristics. Expected cash flows at the acquisition date in excess of the fair value of loans are recorded as interest income over the life of the loans using a level yield method if the timing and amount of the future cash flows of the pool is reasonably estimable. Subsequent to the acquisition date, increases in cash flows over those expected at the acquisition date are reclassified from the non‑accretable difference to accretable yield and recognized as interest income prospectively. Decreases in expected cash flows after the acquisition date are recognized by recording an ALLL. Management analyzes the acquired loan pools using various assessments of risk to determine an expected loss. The expected loss is derived based upon a loss given default based upon the collateral type and/or detailed review by loan officers and the probability of default that is determined based upon historical data at the loan level. All acquired loans managed by Special Asset Management are reviewed quarterly and assigned a loss given default. Acquired loans not managed by Special Asset Management are reviewed twice a year in a similar method to the Company’s originated portfolio of loans which follow review thresholds based on risk rating categories. In the fourth quarter of 2015, the Company modified its methodology to a more granular approach in determining loss given default on substandard loans with a net book balance between $100,000 and $500,000 by adjusting the loss given default to 90% of the most current collateral valuation based on appraised value. Substandard loans greater than $500,000 were individually assigned loss given defaults each quarter. Trends are reviewed in terms of accrual status, past due status, and weighted‑average grade of the loans within each of the accounting pools. In addition, the relationship between the change in the unpaid principal balance and change in the mark is assessed to correlate the directional consistency of the expected loss for each pool. An aggregated analysis of the changes in allowance for loan losses is as follows: Non-acquired Acquired Non-Credit Acquired Credit (Dollars in thousands) Loans Impaired Loans Impaired Loans Total Three Months Ended March 31, 2018: Balance at beginning of period $ 43,448 $ — $ 4,627 $ 48,075 Loans charged-off (1,169) (334) — (1,503) Recoveries of loans previously charged off (1) 802 165 — 967 Net charge-offs (367) (169) — (536) Provision for loan losses charged to operations 2,122 169 163 2,454 Reduction due to loan removals — — (706) (706) Balance at end of period $ 45,203 $ — $ 4,084 $ 49,287 Three Months Ended March 31, 2017: Balance at beginning of period $ 36,960 $ — $ 3,395 $ 40,355 Loans charged-off (1,297) (389) — (1,686) Recoveries of loans previously charged off (1) 669 63 — 732 Net charge-offs (628) (326) — (954) Provision for loan losses charged to operations 2,117 326 1,264 3,707 Reduction due to loan removals — — (103) (103) Balance at end of period $ 38,449 $ — $ 4,556 $ 43,005 (1) – Recoveries related to acquired credit impaired loans are recorded through other noninterest income on the consolidated statement of income and do not run through the ALLL. The following tables present a disaggregated analysis of activity in the allowance for loan losses and loan balances for non-acquired loans: Construction Commercial Commercial Consumer Other Income & Land Non-owner Owner Owner Home Commercial Producing Other (Dollars in thousands) Development Occupied Occupied Occupied Equity & Industrial Property Consumer Loans Total Three Months Ended March 31, 2018 Allowance for loan losses: Balance, December 31, 2017 $ 5,921 $ 6,525 $ 8,128 $ 9,668 $ 3,250 $ 5,488 $ 1,375 $ 2,788 $ 305 $ 43,448 Charge-offs (35) — — (4) (66) (85) — (979) — (1,169) Recoveries 442 2 8 23 101 15 8 203 — 802 Provision (benefit) (481) 271 210 506 (48) 915 10 887 (148) 2,122 Balance, March 31, 2018 $ 5,847 $ 6,798 $ 8,346 $ 10,193 $ 3,237 $ 6,333 $ 1,393 $ 2,899 $ 157 $ 45,203 Loans individually evaluated for impairment $ 767 $ 110 $ 63 $ 35 $ 73 $ 489 $ 166 $ 9 $ — $ 1,712 Loans collectively evaluated for impairment $ 5,080 $ 6,688 $ 8,283 $ 10,158 $ 3,164 $ 5,844 $ 1,227 $ 2,890 $ 157 $ 43,491 Loans: Loans individually evaluated for impairment $ 46,198 $ 1,181 $ 5,578 $ 5,493 $ 3,168 $ 1,677 $ 3,086 $ 315 $ — $ 66,696 Loans collectively evaluated for impairment 824,943 1,049,743 1,291,160 1,607,008 445,414 870,686 195,598 390,469 20,795 6,695,816 Total non-acquired loans $ 871,141 $ 1,050,924 $ 1,296,738 $ 1,612,501 $ 448,582 $ 872,363 $ 198,684 $ 390,784 $ 20,795 $ 6,762,512 Three Months Ended March 31, 2017 Allowance for loan losses: Balance , December 31, 2016 $ 4,091 $ 4,980 $ 8,022 $ 7,820 $ 3,211 $ 4,842 $ 1,542 $ 2,350 $ 102 $ 36,960 Charge-offs (405) — — (123) (34) (22) — (713) — (1,297) Recoveries 154 41 7 49 74 90 43 211 — 669 Provision (benefit) 809 443 (135) 362 205 214 (240) 595 (136) 2,117 Balance, March 31, 2017 $ 4,649 $ 5,464 $ 7,894 $ 8,108 $ 3,456 $ 5,124 $ 1,345 $ 2,443 $ (34) $ 38,449 Loans individually evaluated for impairment $ 459 $ 158 $ 60 $ 68 $ 297 $ 387 $ 224 $ 5 $ — $ 1,658 Loans collectively evaluated for impairment $ 4,190 $ 5,306 $ 7,834 $ 8,040 $ 3,159 $ 4,737 $ 1,121 $ 2,438 $ (34) $ 36,791 Loans: Loans individually evaluated for impairment $ 9,286 $ 775 $ 6,251 $ 4,712 $ 2,432 $ 1,270 $ 2,408 $ 189 $ — $ 27,323 Loans collectively evaluated for impairment 637,258 803,223 1,193,753 1,247,938 394,374 724,704 180,008 340,103 15,623 5,536,984 Total non-acquired loans $ 646,544 $ 803,998 $ 1,200,004 $ 1,252,650 $ 396,806 $ 725,974 $ 182,416 $ 340,292 $ 15,623 $ 5,564,307 The following tables present a disaggregated analysis of activity in the allowance for loan losses and loan balances for acquired non-credit impaired loans: Construction Commercial Commercial Consumer Other Income & Land Non-owner Owner Owner Home Commercial Producing (Dollars in thousands) Development Occupied Occupied Occupied Equity & Industrial Property Consumer Other Total Three Months Ended March 31, 2018 Allowance for loan losses: Balance at beginning of period $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Charge-offs (1) — — (70) (82) (43) — (138) — (334) Recoveries 1 — — 57 51 53 — 3 — 165 Provision (benefit) — — — 13 31 (10) — 135 — 169 Balance, March 31, 2018 $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Loans individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Loans collectively evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Loans: Loans individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Loans collectively evaluated for impairment 349,532 783,466 498,541 683,614 295,721 344,171 186,091 133,802 — 3,274,938 Total acquired non-credit impaired loans $ 349,532 $ 783,466 $ 498,541 $ 683,614 $ 295,721 $ 344,171 $ 186,091 $ 133,802 $ — $ 3,274,938 Three Months Ended March 31, 2017 Allowance for loan losses: Balance at beginning of period $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Charge-offs — — — (313) — (2) — (74) — (389) Recoveries 1 — — 39 9 1 1 12 — 63 Provision (benefit) (1) — — 274 (9) 1 (1) 62 — 326 Balance, March 31, 2017 $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Loans individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Loans collectively evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Loans: Loans individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Loans collectively evaluated for impairment 141,897 217,850 238,612 550,578 186,411 136,309 92,044 151,941 — 1,715,642 Total acquired non-credit impaired loans $ 141,897 $ 217,850 $ 238,612 $ 550,578 $ 186,411 $ 136,309 $ 92,044 $ 151,941 $ — $ 1,715,642 The following tables present a disaggregated analysis of activity in the allowance for loan losses and loan balances for acquired credit impaired loans: Commercial Real Estate- Commercial Construction and Residential Commercial (Dollars in thousands) Real Estate Development Real Estate Consumer and Industrial Total Three Months Ended March 31, 2018 Allowance for loan losses: Balance, December 31, 2017 $ $ $ $ $ $ Provision (benefit) for loan losses (14) 88 900 163 Reduction due to loan removals (13) — Balance, March 31, 2018 $ 261 $ $ $ $ $ Loans individually evaluated for impairment $ — $ — $ — $ — $ — $ — Loans collectively evaluated for impairment $ 261 $ $ $ $ $ Loans:* Loans individually evaluated for impairment $ — $ — $ — $ — $ — $ — Loans collectively evaluated for impairment Total acquired credit impaired loans $ $ $ $ $ $ Three Months Ended March 31, 2017 Allowance for loan losses: Balance , December 31, 2016 $ 41 $ 139 $ 2,419 $ 558 $ 238 $ 3,395 Provision for loan losses 291 (3) 752 37 187 1,264 Reduction due to loan removals 2 (6) (63) (6) (30) (103) Balance, March 31, 2017 $ 334 $ 130 $ 3,108 $ 589 $ 395 $ 4,556 Loans individually evaluated for impairment $ — $ — $ — $ — $ — $ — Loans collectively evaluated for impairment $ 334 $ 130 $ 3,108 $ 589 $ 395 $ 4,556 Loans:* Loans individually evaluated for impairment $ — $ — $ — $ — $ — $ — Loans collectively evaluated for impairment 223,156 57,343 266,484 58,688 26,225 631,896 Total acquired credit impaired loans $ 223,156 $ 57,343 $ 266,484 $ 58,688 $ 26,225 $ 631,896 *— The carrying value of acquired credit impaired loans includes a non accretable difference which is primarily associated with the assessment of credit quality of acquired loans. As part of the ongoing monitoring of the credit quality of the Company’s loan portfolio, management tracks certain credit quality indicators, including trends related to (i) the level of classified loans, (ii) net charge-offs, (iii) non-performing loans (see details below), and (iv) the general economic conditions of the markets that we serve. The Company utilizes a risk grading matrix to assign a risk grade to each of its loans. A description of the general characteristics of the risk grades is as follows: · Pass—These loans range from minimal credit risk to average, however, still acceptable credit risk. · Special mention—A special mention loan has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the institution’s credit position at some future date. · Substandard—A substandard loan is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified must have a well-defined weakness, or weaknesses, that may jeopardize the liquidation of the debt. A substandard loan is characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. · Doubtful—A doubtful loan has all of the weaknesses inherent in one classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of the currently existing facts, conditions and values, highly questionable and improbable. The following table presents the credit risk profile by risk grade of commercial loans for non-acquired loans: Construction & Development Commercial Non-owner Occupied Commercial Owner Occupied March 31, December 31, March 31, March 31, December 31, March 31, March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 2018 2017 2017 2018 2017 2017 Pass $ 857,307 $ 818,240 $ 633,953 $ 1,040,669 $ 999,049 $ 790,687 $ 1,267,759 $ 1,232,927 $ 1,167,531 Special mention 10,499 8,758 8,868 8,497 7,864 11,233 22,619 23,575 20,277 Substandard 3,335 3,877 3,723 1,758 1,980 2,078 6,360 6,274 12,196 Doubtful — — — — — — — — — $ 871,141 $ 830,875 $ 646,544 $ 1,050,924 $ 1,008,893 $ 803,998 $ 1,296,738 $ 1,262,776 $ 1,200,004 Commercial & Industrial Other Income Producing Property Commercial Total March 31, December 31, March 31, March 31, December 31, March 31, March 31, December 31, March 31, 2018 2017 2017 2018 2017 2017 2018 2017 2017 Pass $ 857,567 $ 801,885 $ 703,747 $ 191,856 $ 186,158 $ 174,321 $ 4,215,158 $ 4,038,259 $ 3,470,239 Special mention 12,286 11,130 16,746 5,321 6,034 6,176 59,222 57,361 63,300 Substandard 2,510 2,172 5,481 1,507 1,655 1,919 15,470 15,958 25,397 Doubtful — — — — — — — — — $ 872,363 $ 815,187 $ 725,974 $ 198,684 $ 193,847 $ 182,416 $ 4,289,850 $ 4,111,578 $ 3,558,936 The following table presents the credit risk profile by risk grade of consumer loans for non-acquired loans: Consumer Owner Occupied Home Equity Consumer March 31, December 31, March 31, March 31, December 31, March 31, March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 2018 2017 2017 2018 2017 2017 Pass $ 1,584,427 $ 1,502,016 $ 1,225,556 $ 435,282 $ 424,369 $ 382,387 $ 389,386 $ 377,425 $ 338,473 Special mention 13,329 13,902 13,903 6,767 6,749 7,597 301 313 625 Substandard 14,745 14,342 13,191 6,533 6,524 6,822 1,097 1,247 1,194 Doubtful — — — — — — — — — $ 1,612,501 $ 1,530,260 $ 1,252,650 $ 448,582 $ 437,642 $ 396,806 $ 390,784 $ 378,985 $ 340,292 Other Consumer Total March 31, 2018 December 31, 2017 March 31, 2017 March 31, 2018 December 31, 2017 March 31, 2017 Pass $ 20,795 $ 33,690 $ 15,623 $ 2,429,890 $ 2,337,500 $ 1,962,039 Special mention — — — 20,397 20,964 22,125 Substandard — — — 22,375 22,113 21,207 Doubtful — — — — — — $ 20,795 $ 33,690 $ 15,623 $ 2,472,662 $ 2,380,577 $ 2,005,371 The following table presents the credit risk profile by risk grade of total non-acquired loans: Total Non-acquired Loans March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 Pass $ 6,645,048 $ 6,375,759 $ 5,432,278 Special mention 79,619 78,325 85,425 Substandard 37,845 38,071 46,604 Doubtful — — — $ 6,762,512 $ 6,492,155 $ 5,564,307 The following table presents the credit risk profile by risk grade of commercial loans for acquired non-credit impaired loans: Commercial Non-owner Construction & Development Occupied Commercial Owner Occupied March 31, December 31, March 31, March 31, December 31, March 31, March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 2018 2017 2017 2018 2017 2017 Pass $ 345,635 $ 394,139 $ 139,748 $ 775,924 $ 809,241 $ 213,827 $ 490,089 $ 513,861 $ 233,397 Special mention 2,892 4,602 1,316 7,533 7,913 3,937 8,254 7,740 5,057 Substandard 1,005 4,616 833 9 12 86 198 217 158 Doubtful — — — — — — — — — $ 349,532 $ 403,357 $ 141,897 $ 783,466 $ 817,166 $ 217,850 $ 498,541 $ 521,818 $ 238,612 Other Income Producing Commercial & Industrial Property Commercial Total March 31, December 31, March 31, March 31, December 31, March 31, March 31, December 31, March 31, 2018 2017 2017 2018 2017 2017 2018 2017 2017 Pass $ 327,409 $ 388,342 $ 132,474 $ 180,825 $ 191,229 $ 89,596 $ 2,119,882 $ 2,296,812 $ 809,042 Special mention 8,049 9,883 3,787 4,369 4,547 1,741 31,097 34,685 15,838 Substandard 8,713 471 48 897 893 707 10,822 6,209 1,832 Doubtful — — — — — — — — — $ 344,171 $ 398,696 $ 136,309 $ 186,091 $ 196,669 $ 92,044 $ 2,161,801 $ 2,337,706 $ 826,712 The following table presents the credit risk profile by risk grade of consumer loans for acquired non-credit impaired loans: Consumer Owner Occupied Home Equity Consumer March 31, December 31, March 31, March 31, December 31, March 31, March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 2018 2017 2017 2018 2017 2017 Pass $ 676,981 $ 703,557 $ 546,049 $ 279,487 $ 301,842 $ 176,678 $ 130,915 $ 134,530 $ 148,798 Special mention 4,484 4,165 2,623 8,942 10,477 4,700 520 541 1,243 Substandard 2,149 2,889 1,906 7,292 8,272 5,033 2,367 2,639 1,900 Doubtful — — — — — — — — — $ 683,614 $ 710,611 $ 550,578 $ 295,721 $ 320,591 $ 186,411 $ 133,802 $ 137,710 $ 151,941 Other Consumer Total March 31, December 31, March 31, March 31, December 31, March 31, 2018 2017 2017 2018 2017 2017 Pass $ — $ 1,289 $ — $ 1,087,383 $ 1,141,218 $ 871,525 Special mention — — — 13,946 15,183 8,566 Substandard — — — 11,808 13,800 8,839 Doubtful — — — — — — $ — $ 1,289 $ — $ 1,113,137 $ 1,170,201 $ 888,930 The following table presents the credit risk profile by risk grade of total acquired non-credit impaired loans: Total Acquired Non-credit Impaired Loans March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 Pass $ 3,207,265 $ 3,438,030 $ 1,680,567 Special mention 45,043 49,868 24,404 Substandard 22,630 20,009 10,671 Doubtful — — — $ 3,274,938 $ 3,507,907 $ 1,715,642 The following table presents the credit risk profile by risk grade of acquired credit impaired loans (identified as credit-impaired at the time of acquisition), net of the related discount (this table should be read in conjunction with the allowance for acquired credit impaired loan losses table found on page 26): Commercial Real Estate— Construction and Commercial Real Estate Development March 31, December 31, March 31, March 31, December 31, March 31, (Dollars in thousands) 2018 2017 2017 2018 2017 2017 Pass $ 171,585 $ 177,231 $ 170,623 $ 28,501 $ 29,620 $ 28,157 Special mention 24,550 28,708 24,412 4,654 5,132 15,117 Substandard 37,142 28,656 28,121 13,064 14,897 14,069 Doubtful — — — — — — $ 233,277 $ 234,595 $ 223,156 $ 46,219 $ 49,649 $ 57,343 Residential Real Estate Consumer Commercial & Industrial March 31, December 31, March 31, March 31, December 31, March 31, March 31, December 31, March 31, 2018 2017 2017 2018 2017 2017 2018 2017 2017 Pass $ 129,952 $ 135,974 $ 142,847 $ 7,247 $ 8,001 $ 9,704 $ 17,163 $ 18,522 $ 16,869 Special mention 50,845 54,500 53,539 16,329 17,214 19,124 1,132 1,169 4,645 Substandard 67,969 70,313 70,098 25,225 26,238 29,860 6,000 7,255 4,711 Doubtful — — — — — — — — — $ 248,766 $ 260,787 $ 266,484 $ 48,801 $ 51,453 $ 58,688 $ 24,295 $ 26,946 $ 26,225 Total Acquired Credit Impaired Loans March 31, December 31, March 31, 2018 2017 2017 Pass $ 354,448 $ 369,348 $ 368,200 Special mention 97,510 106,723 116,837 Substandard 149,400 147,359 146,859 Doubtful — — — $ 601,358 $ 623,430 $ 631,896 The risk grading of acquired credit impaired loans is determined utilizing a loan’s contractual balance, while the amount recorded in the financial statements and reflected above is the carrying value. The following table presents an aging analysis of past due loans, segregated by class for non-acquired loans: 30 - 59 Days 60 - 89 Days 90+ Days Total Total (Dollars in thousands) Past Due Past Due Past Due Past Due Current Loans March 31, 2018 Commercial real estate: Construction and land development $ 673 $ 4 $ 133 $ 810 $ 870,331 $ 871,141 Commercial non-owner occupied 89 20 707 816 1,050,108 1,050,924 Commercial owner occupied 573 1,218 1,702 3,493 1,293,245 1,296,738 Consumer real estate: Consumer owner occupied 1,274 601 1,598 3,473 1,609,028 1,612,501 Home equity loans 1,452 65 1,423 2,940 445,642 448,582 Commercial and industrial 983 476 899 2,358 870,005 872,363 Other income producing property 360 108 125 593 198,091 198,684 Consumer 134 160 496 790 389,994 390,784 Other loans — — — — 20,795 20,795 $ 5,538 $ 2,652 $ 7,083 $ 15,273 $ 6,747,239 $ 6,762,512 December 31, 2017 Commercial real estate: Construction and land development $ 391 $ 63 $ 401 $ 855 $ 830,020 $ 830,875 Commercial non-owner occupied 297 398 51 746 1,008,147 1,008,893 Commercial owner occupied 2,227 382 1,721 4,330 1,258,446 1,262,776 Consumer real estate: Consumer owner occupied 1,291 140 1,943 3,374 1,526,886 1,530,260 Home equity loans 1,209 372 1,684 3,265 434,377 437,642 Commercial and industrial 477 57 915 1,449 813,738 815,187 Other income producing property 223 255 198 676 193,171 193,847 Consumer 525 196 623 1,344 377,641 378,985 Other loans — — — — 33,690 33,690 $ 6,640 $ 1,863 $ 7,536 $ 16,039 $ 6,476,116 $ 6,492,155 March 31, 2017 Commercial real estate: Construction and land development $ 345 $ 100 $ 471 $ 916 $ 645,628 $ 646,544 Commercial non-owner occupied 759 664 304 1,727 802,271 803,998 Commercial owner occupied 1,811 1,988 1,375 5,174 1,194,830 1,200,004 Consumer real estate: Consumer owner occupied 1,076 31 993 2,100 1,250,550 1,252,650 Home equity loans 434 341 1,404 2,179 394,627 396,806 Commercial and industrial 366 159 174 699 725,275 725,974 Other income producing property 310 104 190 604 181,812 182,416 Consumer 273 114 527 914 339,378 340,292 Other loans — — — — 15,623 15,623 $ 5,374 $ 3,501 $ 5,438 $ 14,313 $ 5,549,994 $ 5,564,307 The following table presents an aging analysis of past due loans, segregated by class for acquired non-credit impaired loans: 30 - 59 Days 60 - 89 Days 90+ Days Total Total (Dollars in thousands) Past Due Past Due Past Due Past Due Current Loans March 31, 2018 Commercial real estate: Construction and land development $ 1,788 $ 115 $ 288 $ 2,191 $ 347,341 $ 349,532 Commercial non-owner occupied 242 — 134 376 783,090 783,466 Commercial owner occupied 1,142 — — 1,142 497,399 498,541 Consumer real estate: Consumer owner occupied 1,304 76 786 2,166 681,448 683,614 Home equity loans 1,881 833 2,125 4,839 290,882 295,721 Commercial and industrial 1,998 27 87 2,112 342,059 344,171 Other income producing property 101 69 195 365 185,726 186,091 Consumer 287 138 1,118 1,543 132,259 133,802 $ $ $ $ $ $ December 31, 2017 Commercial real estate: Construction and land development $ 675 $ 113 $ 101 $ 889 $ 402,468 $ 403,357 Commercial non-owner occupied 12 321 — 333 816,833 817,166 Commercial owner occupied 642 — 189 831 520,987 521,818 Consumer real estate: Consumer owner occupied 673 204 867 1,744 708,867 710,611 Home equity loans 3,639 609 1,704 5,952 314,639 320,591 Comme |