Financing Receivables [Text Block] | NOTE 3 – LOANS/LEASES RECEIVABLE The composition of the loan/lease portfolio as of June 30, 2017 December 31, 2016 As of June 30, As of December 31, 2017 2016 C&I loans $ 942,538,419 $ 827,637,263 CRE loans Owner-occupied CRE 317,225,055 332,387,621 Commercial construction, land development, and other land 179,316,027 165,149,491 Other non owner-occupied CRE 635,365,041 595,921,748 1,131,906,123 1,093,458,860 Direct financing leases * 153,336,548 165,419,360 Residential real estate loans ** 233,870,678 229,233,104 Installment and other consumer loans 84,047,403 81,665,695 2,545,699,171 2,397,414,282 Plus deferred loan/lease origination costs, net of fees 7,866,437 8,072,703 2,553,565,608 2,405,486,985 Less allowance (33,356,632 ) (30,757,448 ) $ 2,520,208,976 $ 2,374,729,537 * Direct financing leases: Net minimum lease payments to be received $ 170,143,561 $ 184,274,802 Estimated unguaranteed residual values of leased assets 1,085,154 1,085,154 Unearned lease/residual income (17,892,167 ) (19,940,596 ) 153,336,548 165,419,360 Plus deferred lease origination costs, net of fees 5,216,015 5,881,778 158,552,563 171,301,138 Less allowance (2,638,301 ) (3,111,898 ) $ 155,914,262 $ 168,189,240 * Management performs an evaluation of the estimated unguaranteed residual values of leased assets on an annual basis, at a minimum. The evaluation consists of discussions with reputable and current vendors, which is combined with management’s expertise and understanding of the current states of particular industries to determine informal valuations of the equipment. As necessary and where available, management will utilize valuations by independent appraisers. The large majority of leases with residual values contain a lease options rider, which requires the lessee to pay the residual value directly, finance the payment of the residual value, or extend the lease term to pay the residual value. In these cases, the residual value is protected and the risk of loss is minimal. There were no three six June 30, 2017 2016. **Includes residential real estate loans h eld for sale totaling $705,800 $1,135,500 June 30, 2017, December 31, 2016, Changes in accretable yield for acquired loans were as follows: Three months ended June 30, 2017 Six months ended June 30, 2017 PCI Performing PCI Performing Loans Loans Total Loans Loans Total Balance at the beginning of the period $ (127,616 ) $ (6,944,074 ) $ (7,071,690 ) $ (194,306 ) $ (9,115,614 ) $ (9,309,920 ) Accretion recognized 43,756 1,618,603 1,662,359 110,446 3,790,143 3,900,589 Balance at the end of the period $ (83,860 ) $ (5,325,471 ) $ (5,409,331 ) $ (83,860 ) $ (5,325,471 ) $ (5,409,331 ) The aging of the loan/lease portfolio by classe s of loans/leases as of June 30, 2017 December 31, 2016 As of June 30, 2017 Classes of Loans/Leases Current 30-59 Days Past Due 60-89 Days Past Due Accruing Past Due 90 Days or More Nonaccrual Loans/Leases Total C&I $ 937,716,988 $ 271,248 $ 430,367 $ 45,812 $ 4,074,004 $ 942,538,419 CRE Owner-Occupied CRE 316,555,536 514,499 - - 155,020 317,225,055 Commercial Construction, Land Development, and Other Land 174,851,763 117,247 - - 4,347,017 179,316,027 Other Non Owner-Occupied CRE 632,539,426 1,503,560 - - 1,322,055 635,365,041 Direct Financing Leases 151,027,116 155,553 106,185 - 2,047,694 153,336,548 Residential Real Estate 232,076,296 92,966 395,734 257,771 1,047,911 233,870,678 Installment and Other Consumer 83,377,699 253,751 71,882 120,363 223,708 84,047,403 $ 2,528,144,824 $ 2,908,824 $ 1,004,168 $ 423,946 $ 13,217,409 $ 2,545,699,171 As a percentage of total loan/lease portfolio 99.31 % 0.11 % 0.04 % 0.02 % 0.52 % 100.00 % As of December 31, 2016 Classes of Loans/Leases Current 30-59 Days Past Due 60-89 Days Past Due Accruing Past Due 90 Days or More Nonaccrual Loans/Leases Total C&I $ 821,637,507 $ 1,455,185 $ 10,551 $ 346,234 $ 4,187,786 $ 827,637,263 CRE Owner-Occupied CRE 331,812,571 - 242,902 - 332,148 332,387,621 Commercial Construction, Land Development, and Other Land 160,760,034 35,638 - - 4,353,819 165,149,491 Other Non Owner-Occupied CRE 594,384,926 100,673 - - 1,436,149 595,921,748 Direct Financing Leases 161,452,627 730,627 574,700 215,225 2,446,181 165,419,360 Residential Real Estate 227,023,552 473,478 365,581 294,854 1,075,639 229,233,104 Installment and Other Consumer 81,199,766 204,973 63,111 110,501 87,344 81,665,695 $ 2,378,270,983 $ 3,000,574 $ 1,256,845 $ 966,814 $ 13,919,066 $ 2,397,414,282 As a percentage of total loan/lease portfolio 99.20 % 0.13 % 0.05 % 0.04 % 0.58 % 100.00 % NPLs by classes of loans/leases as of June 30, 2017 December 31, 2016 As of June 30, 2017 Classes of Loans/Leases Accruing Past Due 90 Days or More Nonaccrual Loans/Leases * Accruing TDRs Total NPLs Percentage of Total NPLs C&I $ 45,812 $ 4,074,004 $ 4,858,983 $ 8,978,799 43.68 % CRE Owner-Occupied CRE - 155,020 - 155,020 0.75 % Commercial Construction, Land Development, and Other Land - 4,347,017 - 4,347,017 21.15 % Other Non Owner-Occupied CRE - 1,322,055 - 1,322,055 6.43 % Direct Financing Leases - 2,047,694 1,689,086 3,736,780 18.18 % Residential Real Estate 257,771 1,047,911 350,704 1,656,386 8.06 % Installment and Other Consumer 120,363 223,708 16,400 360,471 1.75 % $ 423,946 $ 13,217,409 $ 6,915,173 $ 20,556,528 100.00 % * Nonaccrual loans/leases included $2,167,863 $268,629 $1,148,818 $519,178 $179,881 $41,465 $9,892 As of December 31, 2016 Classes of Loans/Leases Accruing Past Due 90 Days or More Nonaccrual Loans/Leases ** Accruing TDRs Total NPLs Percentage of Total NPLs C&I $ 346,234 $ 4,187,786 $ 4,733,997 9,268,017 43.65 % CRE Owner-Occupied CRE - 332,148 - 332,148 1.56 % Commercial Construction, Land Development, and Other Land - 4,353,819 - 4,353,819 20.51 % Other Non Owner-Occupied CRE - 1,436,149 - 1,436,149 6.77 % Direct Financing Leases 215,225 2,446,181 1,008,244 3,669,650 17.28 % Residential Real Estate 294,854 1,075,639 585,541 1,956,034 9.21 % Installment and Other Consumer 110,501 87,344 18,746 216,591 1.02 % $ 966,814 $ 13,919,066 $ 6,346,528 $ 21,232,408 100.00 % ** Nonaccrual loans/leases included $2,300,479 $48,501 $1,380,047 $816,149 $43,579 $12,203 Changes in the allowance by portfolio segment for the three six June 30, 2017 2016, Three Months Ended June 30, 2017 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Balance, beginning $ 12,954,090 $ 12,643,266 $ 2,978,260 $ 2,375,864 $ 1,107,670 $ 32,059,150 Provisions (credits) charged to expense 1,281,786 339,857 297,672 116,151 (12,473 ) 2,022,993 Loans/leases charged off (74,071 ) (10,375 ) (684,079 ) (61,561 ) (21,518 ) (851,604 ) Recoveries on loans/leases previously charged off 45,928 26,485 46,448 - 7,232 126,093 Balance, ending $ 14,207,733 $ 12,999,233 $ 2,638,301 $ 2,430,454 $ 1,080,911 $ 33,356,632 Three Months Ended June 30, 2016 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Balance, beginning $ 10,991,979 $ 10,090,567 $ 3,287,231 $ 1,836,622 $ 1,189,043 $ 27,395,442 Provisions (credits) charged to expense (241,600 ) 919,596 460,997 194,988 (136,131 ) 1,197,850 Loans/leases charged off (48,983 ) (23,101 ) (534,716 ) (17,523 ) (9,892 ) (634,215 ) Recoveries on loans/leases previously charged off 23,110 - 12,682 900 101,721 138,413 Balance, ending $ 10,724,506 $ 10,987,062 $ 3,226,194 $ 2,014,987 $ 1,144,741 $ 28,097,490 Six Months Ended June 30, 2017 Commercial and Industrial Commercial Real Estate Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Balance, beginning $ 12,545,110 $ 11,670,609 $ 3,111,898 $ 2,342,344 $ 1,087,487 $ 30,757,448 Provisions (credits) charged to expense 1,875,144 1,306,128 802,687 159,671 (15,528 ) 4,128,102 Loans/leases charged off (292,344 ) (10,375 ) (1,342,763 ) (75,184 ) (23,564 ) (1,744,230 ) Recoveries on loans/leases previously charged off 79,823 32,871 66,479 3,623 32,516 215,312 Balance, ending $ 14,207,733 $ 12,999,233 $ 2,638,301 $ 2,430,454 $ 1,080,911 $ 33,356,632 Six Months Ended June 30, 2016 Commercial and Industrial Commercial Real Estate Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Balance, beginning $ 10,484,080 $ 9,375,117 $ 3,395,088 $ 1,790,150 $ 1,096,471 $ 26,140,906 Provisions (credits) charged to expense 498,231 1,635,046 939,242 257,644 (59,328 ) 3,270,835 Loans/leases charged off (292,549 ) (23,101 ) (1,135,654 ) (33,707 ) (17,488 ) (1,502,499 ) Recoveries on loans/leases previously charged off 34,744 - 27,518 900 125,086 188,248 Balance, ending $ 10,724,506 $ 10,987,062 $ 3,226,194 $ 2,014,987 $ 1,144,741 $ 28,097,490 The allowance by impairment evaluation and by portfolio segment as of June 30, 2017 December 31, 2016 As of June 30, 2017 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Allowance for impaired loans/leases $ 1,580,113 $ 938,450 $ 550,575 $ 266,217 $ 20,365 $ 3,355,720 Allowance for nonimpaired loans/leases 12,627,620 12,060,783 2,087,726 2,164,237 1,060,546 30,000,912 $ 14,207,733 $ 12,999,233 $ 2,638,301 $ 2,430,454 $ 1,080,911 $ 33,356,632 Impaired loans/leases $ 8,985,913 $ 5,727,375 $ 3,553,173 $ 1,398,615 $ 240,107 $ 19,905,183 Nonimpaired loans/leases 933,552,506 1,126,178,748 149,783,375 232,472,063 83,807,296 2,525,793,988 $ 942,538,419 $ 1,131,906,123 $ 153,336,548 $ 233,870,678 $ 84,047,403 $ 2,545,699,171 Allowance as a percentage of impaired loans/leases 17.58 % 16.39 % 15.50 % 19.03 % 8.48 % 16.86 % Allowance as a percentage of nonimpaired loans/leases 1.35 % 1.07 % 1.39 % 0.93 % 1.27 % 1.19 % Total allowance as a percentage of total loans/leases 1.51 % 1.15 % 1.72 % 1.04 % 1.29 % 1.31 % As of December 31, 2016 C&I CRE Direct Financing Leases Residential Real Estate Installment and Other Consumer Total Allowance for impaired loans/leases $ 1,771,537 $ 693,919 $ 848,919 $ 289,112 $ 39,481 $ 3,642,968 Allowance for nonimpaired loans/leases 10,773,573 10,976,690 2,262,979 2,053,232 1,048,006 27,114,480 $ 12,545,110 $ 11,670,609 $ 3,111,898 $ 2,342,344 $ 1,087,487 $ 30,757,448 Impaired loans/leases $ 8,936,451 $ 6,112,114 $ 3,256,264 $ 1,661,180 $ 106,090 $ 20,072,099 Nonimpaired loans/leases 818,700,812 1,087,346,746 162,163,096 227,571,924 81,559,605 2,377,342,183 $ 827,637,263 $ 1,093,458,860 $ 165,419,360 $ 229,233,104 $ 81,665,695 $ 2,397,414,282 Allowance as a percentage of impaired loans/leases 19.82 % 11.35 % 26.07 % 17.40 % 37.21 % 18.15 % Allowance as a percentage of nonimpaired loans/leases 1.32 % 1.01 % 1.40 % 0.90 % 1.28 % 1.14 % Total allowance as a percentage of total loans/leases 1.52 % 1.07 % 1.88 % 1.02 % 1.33 % 1.28 % Information for impaired loans/leases is presented in the tables below. The recorded investment represents customer balances net of any partial charge-offs recognized on the loan/lease. The unpaid principal balance represents the recorded balance outstanding on the loan/lease prior to any partial charge-offs. Loans/leases, by classes of financing receivable, considered to be impaired as of and for the six June 30, 2017 Classes of Loans/Leases Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Interest Income Recognized for Cash Payments Received Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 993,551 $ 1,003,988 $ - $ 802,367 $ 16,751 $ 16,751 CRE Owner-Occupied CRE - - - - - - Commercial Construction, Land Development, and Other Land - - - - - - Other Non Owner-Occupied CRE 1,148,818 1,148,818 - 1,171,229 - - Direct Financing Leases 2,739,319 2,739,319 - 2,557,608 57,844 57,844 Residential Real Estate 710,118 784,896 - 628,555 1,161 1,161 Installment and Other Consumer 189,018 189,019 - 144,838 218 218 $ 5,780,824 $ 5,866,040 $ - $ 5,304,597 $ 75,974 $ 75,974 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 7,992,362 $ 7,996,201 $ 1,580,113 $ 7,930,142 $ 97,721 $ 97,721 CRE Owner-Occupied CRE 155,020 155,020 111,520 266,439 - - Commercial Construction, Land Development, and Other Land 4,347,017 4,347,017 820,811 4,350,034 - - Other Non Owner-Occupied CRE 76,519 76,519 6,119 25,506 - - Direct Financing Leases 813,854 813,854 550,575 739,561 - - Residential Real Estate 688,497 688,497 266,217 604,450 7,229 7,229 Installment and Other Consumer 51,090 51,090 20,365 29,137 - - $ 14,124,359 $ 14,128,198 $ 3,355,720 $ 13,945,269 $ 104,950 $ 104,950 Total Impaired Loans/Leases: C&I $ 8,985,913 $ 9,000,189 $ 1,580,113 $ 8,732,509 $ 114,472 $ 114,472 CRE Owner-Occupied CRE 155,020 155,020 111,520 266,439 - - Commercial Construction, Land Development, and Other Land 4,347,017 4,347,017 820,811 4,350,033 - - Other Non Owner-Occupied CRE 1,225,337 1,225,337 6,119 1,196,735 - - Direct Financing Leases 3,553,173 3,553,173 550,575 3,297,169 57,844 57,844 Residential Real Estate 1,398,615 1,473,393 266,217 1,233,005 8,390 8,390 Installment and Other Consumer 240,108 240,109 20,365 173,975 218 218 $ 19,905,183 $ 19,994,2388 $ 3,355,720 $ 19,249,865 $ 180,924 $ 180,924 Impaired loans/leases for which no ’s current estimates. Loans/leases, by classes of financing receivable, considered to be impaired as of and for the three June 30, 2017 2016, Three Months Ended June 30, 2017 Three Months Ended June 30, 2016 Classes of Loans/Leases Average Recorded Investment Interest Income Recognized Interest Income Recognized for Cash Payments Received Average Recorded Investment Interest Income Recognized Interest Income Recognized for Cash Payments Received Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 805,309 $ 9,399 $ 9,399 $ 2,524,056 $ 3,519 $ 3,519 CRE Owner-Occupied CRE - - - 121,444 - - Commercial Construction, Land Development, and Other Land - - - - - - Other Non Owner-Occupied CRE 1,160,161 - - 1,311,540 - - Direct Financing Leases 2,560,019 38,949 38,949 1,510,987 19,897 19,897 Residential Real Estate 712,793 - - 621,354 1,013 1,013 Installment and Other Consumer 173,585 218 218 229,207 - - $ 5,411,867 $ 48,566 $ 48,566 $ 6,318,588 $ 24,429 $ 24,429 Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 8,066,702 $ 35,055 $ 35,055 $ 2,292,483 $ - $ - CRE Owner-Occupied CRE 238,584 - - - - - Commercial Construction, Land Development, and Other Land 4,348,142 - - 190,174 - - Other Non Owner-Occupied CRE 38,260 - - 658,220 - - Direct Financing Leases 757,602 - - 995,446 - - Residential Real Estate 624,641 2,989 2,989 919,271 1,948 1,948 Installment and Other Consumer 34,333 - - 218,742 1,468 1,468 $ 14,108,264 $ 38,044 $ 38,044 $ 5,274,336 $ 3,416 $ 3,416 Total Impaired Loans/Leases: C&I $ 8,872,011 $ 44,454 $ 44,454 $ 4,816,539 $ 3,519 $ 3,519 CRE Owner-Occupied CRE 238,584 - - 121,444 - - Commercial Construction, Land Development, and Other Land 4,348,142 - - 190,174 - - Other Non Owner-Occupied CRE 1,198,421 - - 1,969,760 - - Direct Financing Leases 3,317,621 38,949 38,949 2,506,433 19,897 19,897 Residential Real Estate 1,337,434 2,989 2,989 1,540,625 2,961 2,961 Installment and Other Consumer 207,918 218 218 447,949 1,468 1,468 $ 19,520,131 $ 86,610 $ 86,610 $ 11,592,924 $ 27,845 $ 27,845 Impaired loans/leases for which no ’s current estimates. Loans/leases, by classes of financing receivable, considered to be impaired as of December 31, 2016 Classes of Loans/Leases Recorded Investment Unpaid Principal Balance Related Allowance Impaired Loans/Leases with No Specific Allowance Recorded: C&I $ 841,895 $ 951,600 $ - CRE Owner-Occupied CRE - 93,774 - Commercial Construction, Land Development, and Other Land - - - Other Non Owner-Occupied CRE 1,196,549 1,196,549 - Direct Financing Leases 1,690,121 1,690,121 - Residential Real Estate 853,294 892,495 - Installment and Other Consumer 55,734 55,734 - $ 4,637,593 $ 4,880,273 $ - Impaired Loans/Leases with Specific Allowance Recorded: C&I $ 8,094,556 $ 8,098,395 $ 1,771,537 CRE Owner-Occupied CRE 322,148 322,148 57,398 Commercial Construction, Land Development, and Other Land 4,353,819 4,353,817 577,611 Other Non Owner-Occupied CRE 239,600 239,600 58,910 Direct Financing Leases 1,566,141 1,566,143 848,919 Residential Real Estate 807,886 882,018 289,112 Installment and Other Consumer 50,356 50,356 39,481 $ 15,434,506 $ 15,512,477 $ 3,642,968 Total Impaired Loans/Leases: C&I $ 8,936,451 $ 9,049,995 $ 1,771,537 CRE Owner-Occupied CRE 322,148 415,922 57,398 Commercial Construction, Land Development, and Other Land 4,353,819 4,353,817 577,611 Other Non Owner-Occupied CRE 1,436,149 1,436,149 58,910 Direct Financing Leases 3,256,262 3,256,264 848,919 Residential Real Estate 1,661,180 1,774,513 289,112 Installment and Other Consumer 106,090 106,090 39,481 $ 20,072,099 $ 20,392,750 $ 3,642,968 Impaired loans/leases for which no ’s current estimates. For C&I and CRE loans, the Company’s credit quality indicator consists of internally assigned risk ratings. Each commercial loan is assigned a risk rating upon origination. The risk rating is reviewed every 15 For direct financing leases, residential real estate loans, and installment and other consumer loans, the Company ’s credit quality indicator is performance determined by delinquency status. Delinquency status is updated daily by the Company’s loan system. For each class of financing receivable, the following presents the recorded investment by credit quality indicator as of June 30, 2017 December 31, 2016: As of June 30, 2017 CRE Non Owner-Occupied Internally Assigned Risk Rating C&I Owner-Occupied CRE Commercial Construction, Land Development, and Other Land Other CRE Total As a % of Total Pass (Ratings 1 through 5) $ 904,511,211 $ 301,874,401 $ 172,442,816 $ 622,588,629 $ 2,001,417,057 96.48 % Special Mention (Rating 6) 10,814,298 10,448,915 1,780,000 4,693,909 27,737,122 1.34 % Substandard (Rating 7) 27,212,910 4,901,739 5,093,211 8,082,503 45,290,363 2.18 % Doubtful (Rating 8) - - - - - 0.00 % $ 942,538,419 $ 317,225,055 $ 179,316,027 $ 635,365,041 $ 2,074,444,542 100.00 % As of June 30, 2017 Delinquency Status * Direct Financing Leases Residential Real Estate Installment and Other Consumer Total As a % of Total Performing $ 149,599,768 $ 232,214,292 $ 83,686,932 $ 465,500,992 98.78 % Nonperforming 3,736,780 1,656,386 360,471 5,753,637 1.22 % $ 153,336,548 $ 233,870,678 $ 84,047,403 $ 471,254,629 100.00 % As of December 31, 2016 CRE Non Owner-Occupied Internally Assigned Risk Rating C&I Owner-Occupied CRE Commercial Construction, Land Development, and Other Land Other CRE Total As a % of Total Pass (Ratings 1 through 5) $ 796,568,451 $ 314,447,662 $ 158,108,465 $ 582,854,048 $ 1,851,978,626 96.40 % Special Mention (Rating 6) 6,305,772 7,559,380 1,780,000 4,437,122 20,082,274 1.05 % Substandard (Rating 7) 24,763,040 10,380,369 5,261,026 8,630,578 49,035,013 2.55 % Doubtful (Rating 8) - 210 - - 210 0.00 % $ 827,637,263 $ 332,387,621 $ 165,149,491 $ 595,921,748 $ 1,921,096,123 100.00 % As of December 31, 2016 Delinquency Status * Direct Financing Leases Residential Real Estate Installment and Other Consumer Total As a % of Total Performing $ 161,749,710 $ 227,277,070 $ 81,449,104 $ 470,475,884 98.77 % Nonperforming 3,669,650 1,956,034 216,591 5,842,275 1.23 % $ 165,419,360 $ 229,233,104 $ 81,665,695 $ 476,318,159 100.00 % *Performing = loans/leases accruing and less than 90 = loans/leases on nonaccrual, accruing loans/leases that are greater than or equal to 90 As of June 30, 2017 December 31, 2016, $9,083,036 $8,647,007, For each class of financing receivable, the following presents the number and recorded investment of TDRs, by type of concession, that were restructured during the three six June 30, 2017 2016. For the three months ended June 30, 2017 For the three months ended June 30, 2016 Classes of Loans/Leases Number of Loans / Leases Pre- Modification Recorded Investment Post-Modification Recorded Investment Specific Allowance Number of Loans / Leases Pre- Modification Recorded Investment Post-Modification Recorded Investment Specific Allowance CONCESSION - Extension of Maturity C&I - - - - 1 $ 52,286 $ 52,286 $ - Direct Financing Leases 1 $ 98,119 $ 98,119 $ - - $ - $ - $ - 1 $ 98,119 $ 98,119 $ - 1 $ 52,286 $ 52,286 $ - CONCESSION - Significant Payment Delay C&I 1 $ 47,509 $ 47,509 $ - 1 $ 62,140 $ 62,140 $ - Direct Financing Leases 15 802,542 802,542 - 4 494,692 494,692 - 16 $ 850,051 $ 850,051 $ - 5 $ 556,832 $ 556,832 $ - CONCESSION - Significant Payment Delay C&I - $ - $ - $ - 1 $ 1,233,740 $ 1,233,740 $ - - $ - $ - $ - 1 $ 1,233,740 $ 1,233,740 $ - TOTAL 17 $ 948,170 $ 948,170 $ - 7 $ 1,842,858 $ 1,842,858 $ - For the six months ended June 30, 2017 For the six months ended June 30, 2016 Classes of Loans/Leases Number of Loans / Leases Pre- Modification Recorded Investment Post-Modification Recorded Investment Specific Allowance Number of Loans / Leases Pre- Modification Recorded Investment Post-Modification Recorded Investment Specific Allowance CONCESSION - Extension of Maturity C&I - $ - $ - $ - 1 $ 52,286 $ 52,286 $ - Direct Financing Leases 2 104,382 104,382 - 4 410,653 410,653 - 2 $ 104,382 $ 104,382 $ - 5 $ 462,939 $ 462,939 $ - CONCESSION - Significant Payment Delay C&I 3 $ 181,198 $ 181,198 $ - 1 $ 62,140 $ 62,140 $ - Direct Financing Leases 23 1,472,403 1,472,403 - 5 540,631 540,631 - 26 $ 1,653,601 $ 1,653,601 $ - 6 $ 602,771 $ 602,771 $ - CONCESSION - Interest Rate Adjusted Below Market CRE - Other - $ - $ - $ - 1 $ 1,233,740 $ 1,233,740 $ - - $ - $ - $ - 1 1,233,740 1,233,740 - TOTAL 28 $ 1,757,983 $ 1,757,983 $ - 12 $ 2,299,450 $ 2,299,450 $ - Of the TDRs reported above, none June 30, 2017. $1,233,740 June 30, 2016. For the three six June 30, 2017, two 12 90 two fourth 2016 $195 For the three and six June 30, 2016, none 12 |