Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 4: At March 31, 2017, $5.777 $5.633 December 31, 2016. (In thousands) March 31, December 31, Consumer: Credit cards $ 171,947 $ 184,591 Other consumer 349,200 303,972 Total consumer 521,147 488,563 Real Estate: Construction 365,051 336,759 Single family residential 957,717 904,245 Other commercial 1,959,677 1,787,075 Total real estate 3,282,445 3,028,079 Commercial: Commercial 657,606 639,525 Agricultural 141,125 150,378 Total commercial 798,731 789,903 Other 30,582 20,662 Loans 4,632,905 4,327,207 Loans acquired, net of discount and allowance (1) 1,144,291 1,305,683 Total loans $ 5,777,196 $ 5,632,890 _________________________________ (1) See Note 5, Loan Origination/Risk Management may five Consumer Real estate tension tend one Commercial one three Nonaccrual and Past Due Loans may may Nonaccrual loans, excluding loans acquired, segregated by class of loans, are as follows: (In thousands) March 31, December 31, Consumer: Credit cards $ 230 $ 373 Other consumer 2,415 1,793 Total consumer 2,645 2,166 Real estate: Construction 2,735 3,411 Single family residential 12,676 12,139 Other commercial 22,627 12,385 Total real estate 38,038 27,935 Commercial: Commercial 9,992 7,765 Agricultural 2,238 1,238 Total commercial 12,230 9,003 Total $ 52,913 $ 39,104 An age analysis of past due loans, excluding loans acquired, segregated by class of loans, is as follows: (In thousands) Gross 90 Days Total Current Total 90 Days March 31, 2017 Consumer: Credit cards $ 814 $ 420 $ 1,234 $ 170,713 $ 171,947 $ 190 Other consumer 3,157 1,347 4,504 344,696 349,200 -- Total consumer 3,971 1,767 5,738 515,409 521,147 190 Real estate: Construction 844 1,452 2,296 362,755 365,051 -- Single family residential 6,650 6,538 13,188 944,529 957,717 41 Other commercial 5,275 7,428 12,703 1,946,974 1,959,677 -- Total real estate 12,769 15,418 28,187 3,254,258 3,282,445 41 Commercial: Commercial 4,496 6,698 11,194 646,412 657,606 -- Agricultural 594 1,138 1,732 139,393 141,125 -- Total commercial 5,090 7,836 12,926 785,805 798,731 -- Other -- -- -- 30,582 30,582 -- Total $ 21,830 $ 25,021 $ 46,851 $ 4,586,054 $ 4,632,905 $ 231 December 31, 2016 Consumer: Credit cards $ 716 $ 275 $ 991 $ 183,600 $ 184,591 $ 275 Other consumer 3,786 1,027 4,813 299,159 303,972 11 Total consumer 4,502 1,302 5,804 482,759 488,563 286 Real estate: Construction 1,420 1,246 2,666 334,093 336,759 -- Single family residential 6,310 5,927 12,237 892,008 904,245 14 Other commercial 4,212 6,722 10,934 1,776,141 1,787,075 -- Total real estate 11,942 13,895 25,837 3,002,242 3,028,079 14 Commercial: Commercial 2,040 5,296 7,336 632,189 639,525 -- Agricultural 121 1,215 1,336 149,042 150,378 -- Total commercial 2,161 6,511 8,672 781,231 789,903 -- Other -- -- -- 20,662 20,662 -- Total $ 18,605 $ 21,708 $ 40,313 $ 4,286,894 $ 4,327,207 $ 300 Impaired Loans 90 Impairment is evaluated in total for smaller-balance loans of a similar nature and on an individual loan basis for other loans. Impaired loans, or portions thereof, are charged-off when deemed uncollectible. Impaired loans, net of government guarantees and excluding loans acquired, segregated by class of loans, are as follows: (In thousands) Unpaid Recorded Recorded Total Related Average Interest March 31, 2017 Three Months Ended Consumer: Credit cards $ 230 $ 230 $ -- $ 230 $ -- $ 302 $ 5 Other consumer 2,507 2,412 3 2,415 1 2,107 13 Total consumer 2,737 2,642 3 2,645 1 2,409 18 Real estate: Construction 2,943 1,697 1,038 2,735 156 3,074 20 Single family residential 13,654 11,544 1,407 12,951 152 12,667 81 Other commercial 25,623 7,852 16,584 24,436 529 19,321 123 Total real estate 42,220 21,093 19,029 40,122 837 35,062 224 Commercial: Commercial 13,848 4,226 8,154 12,380 708 11,344 72 Agricultural 3,356 2,238 -- 2,238 -- 1,726 11 Total commercial 17,204 6,464 8,154 14,618 708 13,070 83 Total $ 62,161 $ 30,199 $ 27,186 $ 57,385 $ 1,546 $ 50,541 $ 325 December 31, 2016 Three Months Ended Consumer: Credit cards $ 373 $ 373 $ -- $ 373 $ -- $ 240 $ 10 Other consumer 1,836 1,797 3 1,800 1 441 6 Total consumer 2,209 2,170 3 2,173 1 681 16 Real estate: Construction 4,275 1,038 2,374 3,412 156 4,910 65 Single family residential 12,970 10,630 1,753 12,383 162 6,628 88 Other commercial 20,993 6,891 7,315 14,206 99 11,245 149 Total real estate 38,238 18,559 11,442 30,001 417 22,783 302 Commercial: Commercial 11,848 2,734 7,573 10,307 262 2,110 28 Agricultural 2,226 1,215 -- 1,215 -- 403 5 Total commercial 14,074 3,949 7,573 11,522 262 2,513 33 Total $ 54,521 $ 24,678 $ 19,018 $ 43,696 $ 680 $ 25,977 $ 351 At March 31, 2017, December 31, 2016, $57.4 $43.7 $1.5 $680,000 March 31, 2017 December 31, 2016, $325,000 $50.5 three March 31, 2017. three March 31, 2017 2016 Included in certain impaired loan categories are troubled debt restructurings (“TDRs”). When the Company restructures a loan to a borrower that is experiencing financial difficulty and grants a concession that it would not otherwise consider, a “troubled debt restructuring” results and the Company classifies the loan as a TDR. The Company grants various types of concessions, primarily interest rate reduction and/or payment modifications or extensions, with an occasional forgiveness of principal. Under ASC Topic 310 10 35 Subsequent Measurement Once an obligation has been restructured because of such credit problems, it continues to be considered a TDR until paid in full; or, if an obligation yields a market interest rate and no longer has any concession regarding payment amount or amortization, then it is not considered a TDR at the beginning of the calendar year after the year in which the improvement takes place. The Company returns TDRs to accrual status only if (1) (2) six The following table presents a summary of troubled debt restructurings, excluding loans acquired, segregated by class of loans. Accruing TDR Loans Nonaccrual TDR Loans Total TDR Loans (Dollars in thousands) Number Balance Number Balance Number Balance March 31, 2017 Consumer: Other consumer -- $ -- 1 $ 3 1 $ 3 Total consumer -- -- 1 3 1 3 Real estate: Construction -- -- 1 456 1 456 Single-family residential 3 166 26 1,691 29 1,857 Other commercial 23 8,894 4 8,115 27 17,009 Total real estate 26 9,060 31 10,262 57 19,322 Commercial: Commercial 15 1,773 10 1,055 25 2,828 Total commercial 15 1,773 10 1,055 25 2,828 Total 41 $ 10,833 42 $ 11,320 83 $ 22,153 December 31, 2016 Consumer: Other consumer -- $ -- 1 $ 3 1 $ 3 Total consumer -- -- 1 3 1 3 Real estate: Construction -- -- 1 18 1 18 Single-family residential 3 167 29 2,078 32 2,245 Other commercial 23 9,048 2 780 25 9,828 Total real estate 26 9,215 32 2,876 58 12,091 Commercial: Commercial 15 1,783 5 297 20 2,080 Total commercial 15 1,783 5 297 20 2,080 Total 41 $ 10,998 38 $ 3,176 79 $ 14,174 The following table presents loans that were restructured as TDRs during the three March 31, 2017 2016, Modification Type (Dollars in thousands) Number of Balance Prior Balance at Change in Change in Financial Impact Three Months Ended March 31, 2017 Real estate: Commercial 1 $ 456 $ 456 $ 456 $ -- $ -- Single-family residential Other commercial 2 7,362 7,362 7,362 -- 33 Total real estate 3 7,818 7,818 7,818 -- 33 Commercial: Commercial 5 $ 770 $ 760 $ 760 $ -- $ -- Total commercial 5 770 760 760 -- -- Total 8 $ 8,588 $ 8,578 $ 8,578 $ -- $ 33 Three Months Ended March 31, 2016 Real estate: Single-family residential 2 $ 178 $ 178 $ 178 $ -- $ -- Other commercial 24 8,614 8,567 8,567 Total real estate 26 8,792 8,745 8,745 -- -- Commercial: Commercial 2 $ 173 $ 172 $ 172 $ -- $ -- Total commercial 2 173 172 172 -- -- Total 28 $ 8,965 $ 8,917 $ 8,917 $ -- $ -- During the three March 31, 2017, 8 $8.6 12 $26,000 $33,000 During the three March 31, 2016, 28 $9.0 12 $293,000 There was one three March 31, 2017. three March 31, 2016, 12 90 In addition to the TDRs that occurred during the period provided in the preceding tables, the Company had TDRs with pre-modification loan balances of $242,300 $166,500 March 31, 2017 2016, March 31, 2017 December 31, 2016, $2,117,000 $1,714,000, March 31, 2017 December 31, 2016, $4,492,000 $5,094,000, Credit Quality Indicators The Company utilizes a risk rating matrix to assign a risk rate to each of its commercial and real estate loans. Loans are rated on a scale of 1 8. 8 · Risk Rate 1 · Risk Rate 2 · Risk Rate 3 · Risk Rate 4 may may first may one may one · Risk Rate 5 may may may · Risk Rate 6 may · Risk Rate 7 may · Risk Rate 8 may Loans acquired are evaluated using this internal grading system. Loans acquired are evaluated individually and include purchased credit impaired loans of $8.7 $17.8 310 30 6) March 31, 2017 December 31, 2016, 310 20, $44.8 $47.8 6, 7 8 March 31, 2017 December 31, 2016, Purchased credit impaired loans are loans that showed evidence of deterioration of credit quality since origination and for which it is probable, at acquisition, that the Company will be unable to collect all amounts contractually owed. Their fair value was initially based on the estimate of cash flows, both principal and interest, expected to be collected or estimated collateral values if cash flows are not estimable, discounted at prevailing market rates of interest. The difference between the undiscounted cash flows expected at acquisition and the fair value at acquisition is recognized as interest income on a level-yield method over the life of the loan. Contractually required payments for interest and principal that exceed the undiscounted cash flows expected at acquisition are not recognized as a yield adjustment. Increases in expected cash flows subsequent to the initial investment are recognized prospectively through adjustment of the yield on the loan over its remaining life. Decreases in expected cash flows are recognized as impairment. Classified loans for the Company include loans in Risk Ratings 6, 7 8. may one (1) 6 8 (2) 310 30, $170.2 $166.0 March 31, 2017 December 31, 2016, The following table presents a summary of loans by credit risk rating as of March 31, 2017 December 31, 2016, 310 30 1 4 (In thousands) Risk Rate Risk Rate Risk Rate Risk Rate Risk Rate Total March 31, 2017 Consumer: Credit cards $ 171,527 $ -- $ 420 $ -- $ -- $ 171,947 Other consumer 346,475 24 2,701 -- -- 349,200 Total consumer 518,002 24 3,121 -- -- 521,147 Real estate: Construction 359,141 147 5,747 16 -- 365,051 Single family residential 927,522 3,816 26,224 155 -- 957,717 Other commercial 1,897,018 7,456 55,203 -- -- 1,959,677 Total real estate 3,183,681 11,419 87,174 171 -- 3,282,445 Commercial: Commercial 633,310 1,175 23,116 5 -- 657,606 Agricultural 137,869 103 3,130 23 -- 141,125 Total commercial 771,179 1,278 26,246 28 -- 798,731 Other 30,582 -- -- -- -- 30,582 Loans acquired 1,064,735 26,098 51,946 1,512 -- 1,144,291 Total $ 5,568,179 $ 38,819 $ 168,487 $ 1,711 $ -- $ 5,777,196 (In thousands) Risk Rate Risk Rate Risk Rate Risk Rate Risk Rate Total December 31, 2016 Consumer: Credit cards $ 183,943 $ -- $ 648 $ -- $ -- $ 184,591 Other consumer 301,632 26 2,314 -- -- 303,972 Total consumer 485,575 26 2,962 -- -- 488,563 Real estate: Construction 330,080 98 6,565 16 -- 336,759 Single family residential 875,603 4,024 24,460 158 -- 904,245 Other commercial 1,738,207 6,874 41,994 -- -- 1,787,075 Total real estate 2,943,890 10,996 73,019 174 -- 3,028,079 Commercial: Commercial 616,805 558 22,162 -- -- 639,525 Agricultural 148,218 104 2,033 -- 23 150,378 Total commercial 765,023 662 24,195 -- 23 789,903 Other 20,662 -- -- -- -- 20,662 Loans acquired 1,217,886 22,181 64,075 1,541 -- 1,305,683 Total $ 5,433,036 $ 33,865 $ 164,251 $ 1,715 $ 23 $ 5,632,890 Allowance for Loan Losses Allowance for Loan Losses 310 10, Receivables 450 20, Loss Contingencies As mentioned above, allocations to the allowance for loan losses are categorized as either specific allocations or general allocations. A loan is considered impaired when it is probable that the Company will not receive all amounts due according to the contractual terms of the loan, including scheduled principal and interest payments. For a collateral dependent loan, the Company’s evaluation process includes a valuation by appraisal or other collateral analysis. This valuation is compared to the remaining outstanding principal balance of the loan. If a loss is determined to be probable, the loss is included in the allowance for loan losses as a specific allocation. If the loan is not collateral dependent, the measurement of loss is based on the difference between the expected and contractual future cash flows of the loan. The general allocation is calculated monthly based on management’s assessment of several factors such as (1) (2) (3) (4) (5) (6) (7) (8) one four The following table details activity in the allowance for loan losses by portfolio segment for the three March 31, 2017. one (In thousands) Commercial Real Credit Other Total Three Months Ended March 31, 2017 Balance, beginning of period $ 7,739 $ 21,817 $ 3,779 $ 2,951 $ 36,286 Provision for loan losses (1) 696 860 758 1,243 3,557 Charge-offs (292 ) (656 ) (1,044 ) (1,174 ) (3,166 ) Recoveries 30 232 236 690 1,188 Net charge-offs (262 ) (424 ) (808 ) (484 ) (1,978 ) Balance, March 31, 2017 (2) $ 8,173 $ 22,253 $ 3,729 $ 3,710 $ 37,865 Period-end amount allocated to: Loans individually evaluated for impairment $ 708 $ 837 $ -- $ 1 $ 1,546 Loans collectively evaluated for impairment 7,465 21,416 3,729 3,709 36,319 Balance, March 31, 2017 (2) $ 8,173 $ 22,253 $ 3,729 $ 3,710 $ 37,865 Activity in the allowance for loan losses for the three March 31, 2016 (In thousands) Commercial Real Credit Other Total Three Months Ended March 31, 2016 Balance, beginning of period $ 5,985 $ 19,522 $ 3,893 $ 1,951 $ 31,351 Provision for loan losses 1,567 520 481 255 2,823 Charge-offs (476 ) (229 ) (859 ) (393 ) (1,957 ) Recoveries 7 112 242 103 464 Net charge-offs (469 ) (117 ) (617 ) (290 ) (1,493 ) Balance, March 31, 2016 (2) $ 7,083 $ 19,925 $ 3,757 $ 1,916 $ 32,681 Period-end amount allocated to: Loans individually evaluated for impairment $ 101 $ 2,811 $ -- $ 11 $ 2,923 Loans collectively evaluated for impairment 6,982 17,114 3,757 1,905 29,758 Balance, March 31, 2016 (2) $ 7,083 $ 19,925 $ 3,757 $ 1,916 $ 32,681 Period-end amount allocated to: Loans individually evaluated for impairment $ 262 $ 417 $ -- $ 1 $ 680 Loans collectively evaluated for impairment 7,477 21,400 3,779 2,950 35,606 Balance, December 31, 2016 (2) $ 7,739 $ 21,817 $ 3,779 $ 2,951 $ 36,286 (1) Provision for loan losses of $750,000 three March 31, 2017 three March 31, 2017 $4,307,000). $1.3 three March 31, 2017, $435,000. three March 31, 2016. (2) Allowance for loan losses at March 31, 2017 $435,000 December 31, 2016 March 31, 2016 $954,000, March 31, 2017 $38,300,000 December 31, 2016 March 31, 2016 $37,240,000 $33,635,000, The Company’s recorded investment in loans, excluding loans acquired, related to each balance in the allowance for loan losses by portfolio segment on the basis of the Company’s impairment methodology was as follows: (In thousands) Commercial Real Credit Other Total March 31, 2017 Loans individually evaluated for impairment $ 14,618 $ 40,122 $ 230 $ 2,415 $ 57,385 Loans collectively evaluated for impairment 784,113 3,242,323 171,717 377,367 4,575,520 Balance, end of period $ 798,731 $ 3,282,445 $ 171,947 $ 379,782 $ 4,632,905 December 31, 2016 Loans individually evaluated for impairment $ 11,522 $ 30,001 $ 373 $ 1,800 $ 43,696 Loans collectively evaluated for impairment 778,381 2,998,078 184,218 322,834 4,283,511 Balance, end of period $ 789,903 $ 3,028,079 $ 184,591 $ 324,634 $ 4,327,207 |