Annual report pursuant to Section 13 and 15(d)

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

v3.20.4
LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)
12 Months Ended
Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Loans Stated at Face Amount, Net of Unearned Income

Loans are stated at their face amount, net of deferred fees and costs, and consist of the following at December 31, 2020 and 2019 (dollars in thousands):

2020

    

2019

Construction and Land Development

$

925,798

$

1,250,924

Commercial Real Estate - Owner Occupied

 

2,128,909

 

2,041,243

Commercial Real Estate - Non-Owner Occupied

 

3,657,562

 

3,286,098

Multifamily Real Estate

 

814,745

 

633,743

Commercial & Industrial(1)

 

3,263,460

 

2,114,033

Residential 1-4 Family - Commercial

 

671,949

 

724,337

Residential 1-4 Family - Consumer

 

822,866

 

890,503

Residential 1-4 Family - Revolving

 

596,996

 

659,504

Auto

 

401,324

 

350,419

Consumer

 

247,730

 

372,853

Other Commercial(1)

 

489,975

 

287,279

Total loans held for investment, net of deferred fees and costs(2)

14,021,314

12,610,936

Allowance for loan and lease losses

(160,540)

(42,294)

Total loans held for investment, net

$

13,860,774

$

12,568,642

(1)Commercial & industrial and other commercial loans include approximately $1.2 billion and $11.3 million, respectively, in loans from the PPP loan program at December 31, 2020.

(2)Total loans include unamortized premiums and discounts, and unamortized deferred fees and costs totaling $69.7 million and $69.8 million as of December 31, 2020 and December 31, 2019, respectively.

Summary of Aging of the Loan Portfolio by Class

The following table shows the aging of the Company’s loan portfolio, by class, at December 31, 2020 (dollars in thousands):

    

    

    

    

Greater than

    

    

30-59 Days

60-89 Days

90 Days and

Current

Past Due

Past Due

still Accruing

Nonaccrual

Total Loans

Construction and Land Development

$

920,276

$

1,903

$

547

$

$

3,072

$

925,798

Commercial Real Estate - Owner Occupied

 

2,114,804

 

1,870

 

1,380

 

3,727

 

7,128

 

2,128,909

Commercial Real Estate - Non-Owner Occupied

 

3,651,232

 

2,144

 

1,721

 

148

 

2,317

 

3,657,562

Multifamily Real Estate

 

814,095

 

617

 

 

 

33

 

814,745

Commercial & Industrial

 

3,257,201

 

1,848

 

1,190

 

1,114

 

2,107

 

3,263,460

Residential 1-4 Family - Commercial

 

657,351

 

2,227

 

818

 

1,560

 

9,993

 

671,949

Residential 1-4 Family - Consumer

 

792,852

 

10,182

 

1,533

 

5,699

 

12,600

 

822,866

Residential 1-4 Family - Revolving

 

587,522

 

2,975

 

1,044

 

826

 

4,629

 

596,996

Auto

 

398,206

 

2,076

 

376

 

166

 

500

 

401,324

Consumer

 

245,551

 

1,166

 

550

 

394

 

69

 

247,730

Other Commercial

489,959

16

489,975

Total loans held for investment

$

13,929,049

$

27,024

$

9,159

$

13,634

$

42,448

$

14,021,314

The following table shows the aging of the Company’s loan portfolio, by class, at December 31, 2019 (dollars in thousands):

    

    

    

Greater than

    

    

    

    

30-59 Days

60-89 Days

90 Days and

Past Due

Past Due

still Accruing

PCI

Nonaccrual

Current

Total Loans

Construction and Land Development

$

4,563

$

482

$

189

$

10,944

$

3,703

$

1,231,043

$

1,250,924

Commercial Real Estate - Owner Occupied

 

3,482

 

2,184

 

1,062

 

27,438

 

6,003

 

2,001,074

 

2,041,243

Commercial Real Estate - Non-Owner Occupied

 

457

 

 

1,451

 

14,565

 

381

 

3,269,244

 

3,286,098

Multifamily Real Estate

 

223

 

 

474

 

94

 

 

632,952

 

633,743

Commercial & Industrial

 

8,698

 

1,598

 

449

 

1,579

 

1,735

 

2,099,974

 

2,114,033

Residential 1-4 Family - Commercial

 

1,479

 

2,207

 

674

 

12,205

 

4,301

 

703,471

 

724,337

Residential 1-4 Family - Consumer

 

16,244

 

3,072

 

4,515

 

14,713

 

9,292

 

842,667

 

890,503

Residential 1-4 Family - Revolving

 

10,190

 

1,784

 

3,357

 

4,127

 

2,080

 

637,966

 

659,504

Auto

 

2,525

 

236

 

272

 

4

 

563

 

346,819

 

350,419

Consumer

 

2,128

 

1,233

 

953

 

668

 

77

 

367,794

 

372,853

Other Commercial

464

344

97

286,374

287,279

Total loans held for investment

$

50,453

$

12,796

$

13,396

$

86,681

$

28,232

$

12,419,378

$

12,610,936

Summary of Loans on Nonaccrual Status

The following table shows the Company’s amortized cost basis of loans on nonaccrual status as of January 1, 2020 as well as amortized cost basis of loans on nonaccrual status and loans past due 90 days and still accruing as of December 31, 2020 (dollars in thousands):

Nonaccrual

January 1, 2020

December 31, 2020

Nonaccrual With No ALLL

90 Days and still Accruing

Construction and Land Development

$

4,060

$

3,072

$

1,985

$

Commercial Real Estate - Owner Occupied

13,889

7,128

1,994

3,727

Commercial Real Estate - Non-Owner Occupied

1,368

2,317

148

Multifamily Real Estate

33

Commercial & Industrial

3,037

2,107

1

1,114

Residential 1-4 Family - Commercial

6,492

9,993

6,388

1,560

Residential 1-4 Family - Consumer

13,117

12,600

1,069

5,699

Residential 1-4 Family - Revolving

2,490

4,629

60

826

Auto

565

500

166

Consumer

88

69

394

Other Commercial

98

Total loans held for investment

$

45,204

$

42,448

$

11,497

$

13,634

Impaired Loans by Class

As of December 31, 2019, the Company measured the amount of impairment by evaluating loans either in their collective homogeneous pools or individually. The following table shows the Company’s impaired loans, excluding PCI loans, by class at December 31, 2019 (dollars in thousands):

December 31, 2019

    

    

Unpaid

    

Recorded

Principal

Related

Investment

Balance

Allowance

Loans without a specific allowance

 

  

 

  

 

  

Construction and Land Development

$

5,877

$

7,174

$

Commercial Real Estate - Owner Occupied

 

8,801

 

9,296

 

Commercial Real Estate - Non-Owner Occupied

 

3,510

 

4,059

 

Commercial & Industrial

 

3,668

 

3,933

 

Residential 1-4 Family - Commercial

 

4,047

 

4,310

 

Residential 1-4 Family - Consumer

 

8,420

 

9,018

 

Residential 1-4 Family - Revolving

 

862

 

865

 

Total impaired loans without a specific allowance

$

35,185

$

38,655

$

Loans with a specific allowance

 

  

 

  

 

  

Construction and Land Development

$

984

$

1,032

$

49

Commercial Real Estate - Owner Occupied

 

2,820

 

3,093

 

146

Commercial Real Estate - Non-Owner Occupied

 

335

 

383

 

2

Commercial & Industrial

 

2,568

 

2,590

 

619

Residential 1-4 Family - Commercial

 

1,726

 

1,819

 

162

Residential 1-4 Family - Consumer

 

12,026

 

12,670

 

1,242

Residential 1-4 Family - Revolving

 

2,186

 

2,369

 

510

Auto

 

563

 

879

 

221

Consumer

 

168

 

336

 

46

Other Commercial

562

567

30

Total impaired loans with a specific allowance

$

23,938

$

25,738

$

3,027

Total impaired loans

$

59,123

$

64,393

$

3,027

The following table shows the average recorded investment and interest income recognized for the Company’s impaired loans, excluding PCI loans, by class for the years ended December 31, 2019 and 2018 (dollars in thousands):

December 31, 2019

December 31, 2018

    

    

Interest

    

    

Interest

Average

Income

Average

Income

Investment

Recognized

Investment

Recognized

Construction and Land Development

$

6,764

$

110

$

11,648

$

234

Commercial Real Estate - Owner Occupied

 

12,258

 

323

 

13,383

 

499

Commercial Real Estate - Non-Owner Occupied

 

4,775

 

147

 

7,157

 

246

Commercial & Industrial

 

6,438

 

293

 

4,672

 

232

Residential 1-4 Family - Commercial

 

6,145

 

120

 

5,667

 

180

Residential 1-4 Family - Consumer

 

20,963

 

308

 

16,977

 

236

Residential 1-4 Family - Revolving

 

3,256

 

82

 

2,000

 

23

Auto

 

788

 

15

 

824

 

20

Consumer

 

187

 

5

 

263

 

5

Other Commercial

584

22

486

27

Total impaired loans

$

62,158

$

1,425

$

63,077

$

1,702

Summary of Modified Loans that Continue to Accrue Interest Under the Terms of Restructuring Agreement

The following table provides a summary, by class, of TDRs that continue to accrue interest under the terms of the applicable restructuring agreement, which are considered to be performing, and TDRs that have been placed on nonaccrual status, which are considered to be nonperforming, as of December 31, 2020 (dollars in thousands):

December 31, 2020

    

No. of

    

Recorded

    

Outstanding

Loans

Investment

Commitment

Performing

 

  

 

  

 

  

Construction and Land Development

 

4

$

215

$

Commercial Real Estate - Owner Occupied

 

6

 

2,033

 

176

Commercial Real Estate - Non-Owner Occupied

 

1

 

1,089

 

Commercial & Industrial

 

4

 

727

 

Residential 1-4 Family - Commercial

 

3

 

245

 

Residential 1-4 Family - Consumer

 

77

 

8,943

 

Residential 1-4 Family - Revolving

 

3

 

277

 

Consumer

 

3

 

22

 

Other Commercial

1

410

Total performing

 

102

$

13,961

$

176

Nonperforming

 

  

 

  

 

  

Commercial Real Estate - Owner Occupied

 

1

$

20

$

Commercial Real Estate - Non-Owner Occupied

1

134

Commercial & Industrial

 

3

 

237

 

Residential 1-4 Family - Commercial

 

4

 

1,296

 

Residential 1-4 Family - Consumer

 

23

 

4,865

 

Residential 1-4 Family - Revolving

 

3

 

103

 

Total nonperforming

 

35

$

6,655

$

Total performing and nonperforming

 

137

$

20,616

$

176

The following table provides a summary, by class, of TDRs that continue to accrue interest under the terms of the applicable restructuring agreement, which are considered to be performing, and TDRs that have been placed in nonaccrual status, which are considered to be nonperforming, as of December 31, 2019 (dollars in thousands):

December 31, 2019

    

No. of

    

Recorded

    

Outstanding

Loans

Investment

Commitment

Performing

 

  

 

  

 

  

Construction and Land Development

 

4

$

1,114

$

Commercial Real Estate - Owner Occupied

 

6

 

2,228

 

26

Commercial Real Estate - Non-Owner Occupied

 

1

 

1,089

 

Commercial & Industrial

 

4

 

1,020

 

Residential 1-4 Family - Commercial

 

5

 

290

 

Residential 1-4 Family - Consumer

 

69

 

9,396

 

Residential 1-4 Family - Revolving

 

2

 

56

 

Consumer

 

4

 

29

 

Other Commercial

1

464

Total performing

 

96

$

15,686

$

26

Nonperforming

 

  

 

  

 

  

Commercial Real Estate - Owner Occupied

 

2

$

176

$

Commercial & Industrial

 

1

 

55

 

Residential 1-4 Family - Consumer

 

19

 

3,522

 

Residential 1-4 Family - Revolving

 

2

 

57

 

Total nonperforming

 

24

$

3,810

$

Total performing and nonperforming

 

120

$

19,496

$

26

Schedule of TDR by Class and Modification Type

The following table shows, by class and modification type, TDRs that occurred during the year ended December 31, 2020 (dollars in thousands):

All Restructurings

2020

    

    

Recorded

No. of

Investment at

Loans

Period End

Modified to interest only, at a market rate

 

  

 

  

Residential 1-4 Family - Commercial

1

$

644

Total interest only at market rate of interest

 

1

$

644

Term modification, at a market rate

 

  

 

  

Commercial & Industrial

 

3

$

103

Residential 1-4 Family - Commercial

 

1

294

Residential 1-4 Family - Consumer

 

4

 

320

Consumer

1

9

Total loan term extended at a market rate

 

9

$

726

Term modification, below market rate

 

  

 

  

Construction and Land Development

1

$

34

Commercial & Industrial

 

2

 

355

Residential 1-4 Family - Commercial

1

287

Residential 1-4 Family - Consumer

 

18

2,519

Residential 1-4 Family - Revolving

 

2

 

275

Total loan term extended at a below market rate

 

24

$

3,470

Interest rate modification, below market rate

 

  

 

  

Total interest only at below market rate of interest

 

$

Total

 

34

$

4,840

The following table shows, by class and modification type, TDRs that occurred during the year ended December 31, 2019 (dollars in thousands):

All Restructurings

2019

    

    

Recorded

No. of

Investment at

Loans

Period End

Modified to interest only, at a market rate

 

  

 

  

Total interest only at market rate of interest

 

$

Term modification, at a market rate

 

  

 

  

Commercial & Industrial

1

$

376

Residential 1-4 Family - Commercial

 

1

72

Residential 1-4 Family - Consumer

 

7

 

1,688

Consumer

 

3

 

24

Total loan term extended at a market rate

 

12

$

2,160

Term modification, below market rate

 

  

 

  

Construction and Land Development

3

$

193

Residential 1-4 Family - Consumer

 

22

2,658

Consumer

1

5

Total loan term extended at a below market rate

 

26

$

2,856

Total

 

38

$

5,016

Allowance for Loan Loss Activity, by Portfolio Segment, Balances for Allowance for Credit Losses, and Loans Based on Impairment Methodology

The following tables show the ALLL activity by segment for the year ended December 31, 2020 (dollars in thousands):

 

 

    

Year Ended December 31, 2020

Commercial

Consumer

Total

Balance at beginning of period

$

30,941

$

11,353

$

42,294

Impact of ASC 326 adoption on non-PCD loans

 

4,432

 

40,666

 

45,098

Impact of ASC 326 adoption on PCD loans

 

1,752

 

634

 

2,386

Impact of adopting ASC 326

 

6,184

 

41,300

 

47,484

Loans charged-off

 

(6,671)

 

(11,522)

 

(18,193)

Recoveries credited to allowance

 

3,517

 

3,238

 

6,755

Provision charged to operations

 

83,432

 

(1,232)

 

82,200

Balance at end of period

$

117,403

$

43,137

$

160,540

The following tables show the ALLL activity by class for the year ended December 31, 2019, and 2018. The tables below include the provision for loan losses. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories (dollars in thousands):

Year Ended December 31, 2019

Allowance for loan losses

    

Balance,

    

Recoveries

    

Loans

    

Provision

    

Balance,

beginning of

credited to

charged

charged to

end of

the year

allowance

off

operations

period

Construction and Land Development

$

6,803

$

665

$

(4,218)

$

2,508

$

5,758

Commercial Real Estate - Owner Occupied

 

4,023

 

456

 

(1,346)

 

786

 

3,919

Commercial Real Estate - Non-Owner Occupied

 

8,865

 

109

 

(270)

 

839

 

9,543

Multifamily Real Estate

 

649

 

85

 

 

(102)

 

632

Commercial & Industrial

 

7,636

 

1,132

 

(3,096)

 

2,932

 

8,604

Residential 1-4 Family - Commercial

 

1,692

 

372

 

(472)

 

(227)

 

1,365

Residential 1-4 Family - Consumer

 

1,492

 

466

 

(144)

 

199

 

2,013

Residential 1-4 Family - Revolving

 

1,297

 

692

 

(698)

 

32

 

1,323

Auto

 

1,443

 

549

 

(1,282)

 

743

 

1,453

Consumer and all other(1)

 

7,145

 

2,706

 

(16,582)

 

14,415

 

7,684

Total

$

41,045

$

7,232

$

(28,108)

$

22,125

$

42,294

(1) Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes.

Year Ended December 31, 2018

Allowance for loan losses

    

Balance,

    

Recoveries

    

Loans

    

Provision

    

Balance,

beginning

credited to

charged

charged to

end of

of the year

allowance

off

operations

period

Construction and Land Development

$

9,709

$

447

$

(2,005)

$

(1,348)

$

6,803

Commercial Real Estate - Owner Occupied

 

2,931

 

610

 

(709)

 

1,191

 

4,023

Commercial Real Estate - Non-Owner Occupied

 

7,544

 

100

 

(94)

 

1,315

 

8,865

Multifamily Real Estate

 

1,092

 

5

 

 

(448)

 

649

Commercial & Industrial

 

4,552

 

534

 

(833)

 

3,383

 

7,636

Residential 1-4 Family - Commercial

 

4,437

 

353

 

(176)

 

(2,922)

 

1,692

Residential 1-4 Family - Consumer

 

1,524

 

310

 

(852)

 

510

 

1,492

Residential 1-4 Family - Revolving

 

1,360

 

636

 

(1,206)

 

507

 

1,297

Auto

 

975

 

436

 

(1,074)

 

1,106

 

1,443

Consumer and all other(1)

 

4,084

 

1,737

 

(9,281)

 

10,605

 

7,145

Total

$

38,208

$

5,168

$

(16,230)

$

13,899

$

41,045

(1) Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes.

The following table shows the loan and ALLL balances based on impairment methodology by segment as of December 31, 2019 (dollars in thousands):

December 31, 2019

Loans individually

Loans collectively

Loans acquired with

evaluated for

evaluated for

deteriorated credit

impairment

impairment

quality

Total

    

Loans

    

ALL

    

Loans

    

ALL

    

Loans

    

ALL

    

Loans

    

ALL

Construction and Land Development

$

6,861

$

49

$

1,233,119

$

5,709

$

10,944

$

$

1,250,924

$

5,758

Commercial Real Estate - Owner Occupied

 

11,621

 

146

 

2,002,184

 

3,773

 

27,438

 

 

2,041,243

 

3,919

Commercial Real Estate - Non-Owner Occupied

 

3,845

 

2

 

3,267,688

 

9,541

 

14,565

 

 

3,286,098

 

9,543

Multifamily Real Estate

 

 

 

633,649

 

632

 

94

 

 

633,743

 

632

Commercial & Industrial

 

6,236

 

619

 

2,106,218

 

7,768

 

1,579

 

217

 

2,114,033

 

8,604

Residential 1-4 Family - Commercial

 

5,773

 

162

 

706,359

 

1,203

 

12,205

 

 

724,337

 

1,365

Residential 1-4 Family - Consumer

 

20,446

 

1,242

 

855,344

 

771

 

14,713

 

 

890,503

 

2,013

Residential 1-4 Family - Revolving

 

3,048

 

510

 

652,329

 

813

 

4,127

 

 

659,504

 

1,323

Auto

 

563

 

221

 

349,852

 

1,232

 

4

 

 

350,419

 

1,453

Consumer and all other(1)

 

730

 

76

 

658,390

 

7,608

 

1,012

 

 

660,132

 

7,684

Total loans held for investment, net

$

59,123

$

3,027

$

12,465,132

$

39,050

$

86,681

$

217

$

12,610,936

$

42,294

(1) Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes.
Loans Receivables Related Risk Rating

The following table shows the recorded investment in all loans, excluding PCI loans, by class with their related risk level as of December 31, 2019 (dollars in thousands):

    

Pass

    

Watch & Special Mention

    

Substandard

    

Doubtful

    

Total

Construction and Land Development

$

1,197,066

$

37,182

$

5,732

$

$

1,239,980

Commercial Real Estate - Owner Occupied

 

1,916,492

 

87,004

 

10,309

 

 

2,013,805

Commercial Real Estate - Non-Owner Occupied

 

3,205,463

 

62,368

 

3,608

 

94

 

3,271,533

Multifamily Real Estate

 

613,844

 

19,396

 

409

 

 

633,649

Commercial & Industrial

 

2,043,903

 

60,495

 

8,048

 

8

 

2,112,454

Residential 1-4 Family - Commercial

 

680,894

 

24,864

 

6,374

 

 

712,132

Residential 1-4 Family - Consumer

 

841,408

 

13,592

 

20,534

 

256

 

875,790

Residential 1-4 Family - Revolving

 

641,069

 

6,373

 

7,935

 

 

655,377

Auto

 

345,960

 

2,630

 

1,825

 

 

350,415

Consumer

 

371,315

 

550

 

320

 

 

372,185

Other Commercial

 

284,914

 

1,863

 

158

 

 

286,935

Total

$

12,142,328

$

316,317

$

65,252

$

358

$

12,524,255

Schedule of Acquired Loan Portfolio and Accretable Yield

The following shows changes in the accretable yield for loans accounted for under ASC 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality, for the year ended December 31, 2019 (dollars in thousands):

    

2019

Balance at beginning of period

$

31,201

Additions

 

5,060

Accretion

 

(13,432)

Reclass of nonaccretable difference due to improvement in expected cash flows

 

4,485

Measurement period adjustment

 

631

Other, net (1)

 

3,329

Balance at end of period

$

31,274

(1)This line item represents changes in the cash flows expected to be collected due to the impact of non-credit changes such as prepayment assumptions, changes in interest rates on variable rate PCI loans, and discounted payoffs that occurred in the year.

Purchased Impaired  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Summary of Aging of the Loan Portfolio by Class

The following table shows the PCI loan portfolios, by class and their delinquency status, at December 31, 2019 (dollars in thousands):

    

30-89 Days

    

Greater than

    

    

Past Due

90 Days

Current

Total

Construction and Land Development

$

136

$

343

$

10,465

$

10,944

Commercial Real Estate - Owner Occupied

 

480

 

6,884

 

20,074

 

27,438

Commercial Real Estate - Non-Owner Occupied

 

848

 

987

 

12,730

 

14,565

Multifamily Real Estate

 

 

 

94

 

94

Commercial & Industrial

 

 

989

 

590

 

1,579

Residential 1-4 Family - Commercial

 

543

 

1,995

 

9,667

 

12,205

Residential 1-4 Family - Consumer

 

927

 

1,781

 

12,005

 

14,713

Residential 1-4 Family - Revolving

 

287

 

205

 

3,635

 

4,127

Auto

4

4

Consumer

9

659

668

Other Commercial

 

 

 

344

 

344

Total

$

3,221

$

13,193

$

70,267

$

86,681

Loans Receivables Related Risk Rating

The following table shows the recorded investment in only PCI loans by class with their related risk level as of December 31, 2019 (dollars in thousands):

    

Pass

    

Watch & Special Mention

    

Substandard

    

Doubtful

    

Total

Construction and Land Development

$

1,092

$

3,692

$

6,160

$

$

10,944

Commercial Real Estate - Owner Occupied

 

8,264

 

10,524

 

8,650

 

 

27,438

Commercial Real Estate - Non-Owner Occupied

 

3,826

 

9,415

 

1,324

 

 

14,565

Multifamily Real Estate

 

 

94

 

 

 

94

Commercial & Industrial

 

127

 

25

 

1,427

 

 

1,579

Residential 1-4 Family - Commercial

 

6,000

 

2,693

 

3,512

 

 

12,205

Residential 1-4 Family - Consumer

 

9,947

 

557

 

4,209

 

 

14,713

Residential 1-4 Family - Revolving

 

2,887

 

707

 

533

 

 

4,127

Auto

2

2

4

Consumer

 

657

 

 

11

 

 

668

Other Commercial

120

224

344

Total

$

32,922

$

27,931

$

25,828

$

$

86,681

Commercial Portfolio  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Loans Receivables Related Risk Rating

The table below details the amortized cost of the classes of loans within the Commercial segment by risk level and year of origination as of December 31, 2020 (dollars in thousands):

December 31, 2020

Term Loans Amortized Cost Basis by Origination Year

2020

2019

2018

2017

2016

Prior

Revolving Loans

Total

Construction and Land Development

Pass

$

316,585

$

277,142

$

116,800

$

24,770

$

42,970

$

54,023

$

23,324

$

855,614

Watch

1,873

18,181

8,434

344

2,355

6,372

412

37,971

Special Mention

5,532

135

2,655

8,322

Substandard

17,780

64

2,037

4,010

23,891

Total Construction and Land Development

$

318,458

$

300,855

$

143,149

$

25,178

$

47,362

$

67,060

$

23,736

$

925,798