Quarterly report pursuant to Section 13 or 15(d)

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

v3.5.0.2
LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)
6 Months Ended
Jun. 30, 2016
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 June 30, 2016 and December 31, 2015 (dollars in thousands):

 
June 30, 2016
 
December 31, 2015
Construction and Land Development
$
765,997

 
$
749,720

Commercial Real Estate - Owner Occupied
831,880

 
860,086

Commercial Real Estate - Non-Owner Occupied
1,370,745

 
1,270,480

Multifamily Real Estate
337,723

 
322,528

Commercial & Industrial
469,054

 
435,365

Residential 1-4 Family
992,457

 
978,469

Auto
244,575

 
234,061

HELOC
519,196

 
516,726

Consumer and all other
409,471

 
304,027

Total loans held for investment, net(1)
$
5,941,098

 
$
5,671,462

 
(1) Loans, as presented, are net of deferred fees and costs totaling $1.9 million and $3.0 million as of June 30, 2016 and December 31, 2015, respectively.
Summary of Aging of the Loan Portfolio by Class
The following table shows the aging of the Company’s loan portfolio, by segment, at June 30, 2016 (dollars in thousands):
 
 
30-59 Days
Past Due
 
60-89 Days
Past Due
 
Greater than 90
Days and still
Accruing
 
PCI
 
Nonaccrual
 
Current
 
Total Loans
Construction and Land Development
$
402

 
$
1,177

 
$
116

 
$
5,013

 
$
1,604

 
$
757,685

 
$
765,997

Commercial Real Estate - Owner Occupied
912

 

 
439

 
20,692

 
1,661

 
808,176

 
831,880

Commercial Real Estate - Non-Owner Occupied
267

 

 
723

 
18,297

 

 
1,351,458

 
1,370,745

Multifamily Real Estate

 

 

 
2,092

 

 
335,631

 
337,723

Commercial & Industrial
2,464

 
62

 
117

 
1,354

 
263

 
464,794

 
469,054

Residential 1-4 Family
5,476

 
5,033

 
1,302

 
17,805

 
5,448

 
957,393

 
992,457

Auto
1,282

 
377

 
144

 

 
140

 
242,632

 
244,575

HELOC
1,347

 
1,228

 
642

 
1,517

 
1,495

 
512,967

 
519,196

Consumer and all other
1,364

 
412

 
50

 
400

 
250

 
406,995

 
409,471

Total Loans Held For Investment
$
13,514

 
$
8,289

 
$
3,533

 
$
67,170

 
$
10,861

 
$
5,837,731

 
$
5,941,098


 
The following table shows the aging of the Company’s loan portfolio, by segment, at December 31, 2015 (dollars in thousands):

 
30-59 Days
Past Due
 
60-89 Days
Past Due
 
Greater than 90
Days and still
Accruing
 
PCI
 
Nonaccrual
 
Current
 
Total Loans
Construction and Land Development
$
3,155

 
$
380

 
$
128

 
$
5,986

 
$
2,113

 
$
737,958

 
$
749,720

Commercial Real Estate - Owner Occupied
1,714

 
118

 
103

 
27,388

 
3,904

 
826,859

 
860,086

Commercial Real Estate - Non-Owner Occupied
771

 

 
723

 
13,519

 
100

 
1,255,367

 
1,270,480

Multifamily Real Estate

 

 
272

 
1,555

 

 
320,701

 
322,528

Commercial & Industrial
1,056

 
27

 
124

 
1,813

 
429

 
431,916

 
435,365

Residential 1-4 Family
15,023

 
6,774

 
3,638

 
21,159

 
3,563

 
928,312

 
978,469

Auto
2,312

 
233

 
60

 

 
192

 
231,264

 
234,061

HELOC
2,589

 
1,112

 
762

 
1,791

 
1,348

 
509,124

 
516,726

Consumer and all other
1,167

 
689

 
19

 
526

 
287

 
301,339

 
304,027

Total Loans Held For Investment
$
27,787

 
$
9,333

 
$
5,829

 
$
73,737

 
$
11,936

 
$
5,542,840

 
$
5,671,462

Impaired Loans by Class
The Company measures 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 related to the StellarOne acquisition, by segment at June 30, 2016 and December 31, 2015 (dollars in thousands):
 
June 30, 2016
 
December 31, 2015
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
Loans without a specific allowance
 

 
 

 
 

 
 

 
 

 
 

Construction and Land Development
$
29,877

 
$
30,354

 
$

 
$
33,250

 
$
33,731

 
$

Commercial Real Estate - Owner Occupied
11,201

 
11,317

 

 
7,781

 
8,983

 

Commercial Real Estate - Non-Owner Occupied
3,993

 
3,993

 

 
5,328

 
5,325

 

Multifamily Real Estate
3,777

 
3,777

 

 
3,828

 
3,828

 

Commercial & Industrial
1,154

 
1,572

 

 
711

 
951

 

Residential 1-4 Family
10,065

 
11,024

 

 
7,564

 
8,829

 

Auto

 

 

 
7

 
7

 

HELOC
1,900

 
2,046

 

 
1,786

 
2,028

 

Consumer and all other
247

 
297

 

 
211

 
211

 

Total impaired loans without a specific allowance
$
62,214

 
$
64,380

 
$

 
$
60,466

 
$
63,893

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Loans with a specific allowance
 

 
 

 
 

 
 

 
 

 
 

Construction and Land Development
$
1,833

 
$
2,234

 
$
64

 
$
3,167

 
$
3,218

 
$
538

Commercial Real Estate - Owner Occupied
2,291

 
2,320

 
49

 
3,237

 
3,239

 
358

Commercial Real Estate - Non-Owner Occupied
267

 
267

 
1

 
907

 
907

 
75

Commercial & Industrial
1,334

 
1,456

 
47

 
1,952

 
1,949

 
441

Residential 1-4 Family
3,880

 
3,978

 
345

 
6,065

 
6,153

 
418

Auto
140

 
188

 
1

 
192

 
199

 
1

HELOC
437

 
491

 
81

 
769

 
925

 
76

Consumer and all other
79

 
446

 
1

 
363

 
512

 
95

Total impaired loans with a specific allowance
$
10,261

 
$
11,380

 
$
589

 
$
16,652

 
$
17,102

 
$
2,002

Total impaired loans
$
72,475

 
$
75,760

 
$
589

 
$
77,118

 
$
80,995

 
$
2,002



The following tables show the average recorded investment and interest income recognized for the Company’s impaired loans, excluding PCI loans related to the StellarOne acquisition, by segment for the three and six months ended June 30, 2016 and 2015 (dollars in thousands):
 
Three Months Ended
June 30, 2016
 
Six Months Ended
June 30, 2016
 
Average
Investment
 
Interest Income
Recognized
 
Average
Investment
 
Interest Income
Recognized
Construction and Land Development
$
30,524

 
$
495

 
$
30,174

 
$
962

Commercial Real Estate - Owner Occupied
13,567

 
148

 
13,719

 
292

Commercial Real Estate - Non-Owner Occupied
4,215

 
43

 
4,216

 
79

Multifamily Real Estate
3,791

 
60

 
3,804

 
120

Commercial & Industrial
2,622

 
31

 
2,861

 
61

Residential 1-4 Family
14,189

 
90

 
14,365

 
183

Auto
162

 

 
183

 

HELOC
2,492

 
11

 
2,519

 
29

Consumer and all other
374

 
1

 
572

 
4

Total impaired loans without a specific allowance
$
71,936

 
$
879

 
$
72,413

 
$
1,730



 
Three Months Ended
June 30, 2015
 
Six Months Ended
June 30, 2015
 
Average
Investment
 
Interest Income
Recognized
 
Average
Investment
 
Interest Income
Recognized
Construction and Land Development
$
40,026

 
$
838

 
$
48,772

 
$
1,366

Commercial Real Estate - Owner Occupied
17,871

 
169

 
18,007

 
341

Commercial Real Estate - Non-Owner Occupied
8,736

 
125

 
8,750

 
181

Multifamily Real Estate
4,597

 
85

 
4,600

 
147

Commercial & Industrial
4,525

 
60

 
4,659

 
102

Residential 1-4 Family
10,924

 
105

 
10,989

 
202

Auto
1

 

 
1

 

HELOC
1,240

 
6

 
1,244

 
11

Consumer and all other
460

 
4

 
518

 
9

Total impaired loans without a specific allowance
$
88,380

 
$
1,392

 
$
97,540

 
$
2,359


Summary of Modified Loans that Continue to Accrue Interest Under the Terms of Restructuring Agreement
The following table provides a summary, by segment, of modified loans that continue to accrue interest under the terms of the restructuring agreement, which are considered to be performing, and modified loans that have been placed on nonaccrual status, which are considered to be nonperforming, as of June 30, 2016 and December 31, 2015 (dollars in thousands):
 
June 30, 2016
 
December 31, 2015
 
No. of
Loans
 
Recorded
Investment
 
Outstanding
Commitment
 
No. of
Loans
 
Recorded
Investment
 
Outstanding
Commitment
Performing
 

 
 

 
 

 
 

 
 

 
 

Construction and Land Development
5

 
$
3,788

 
$

 
6

 
$
3,349

 
$

Commercial Real Estate - Owner Occupied
5

 
2,091

 

 
5

 
1,530

 

Commercial Real Estate - Non-Owner Occupied
2

 
2,390

 

 
2

 
2,390

 

Commercial & Industrial
4

 
218

 

 
5

 
261

 

Residential 1-4 Family
27

 
3,323

 

 
27

 
3,173

 

Consumer and all other
1

 
75

 

 
1

 
77

 

Total performing
44

 
$
11,885

 
$

 
46

 
$
10,780

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Nonperforming
 

 
 

 
 

 
 

 
 

 
 

Construction and Land Development
2

 
$
215

 
$

 
2

 
$
321

 
$

Commercial Real Estate - Owner Occupied
2

 
167

 

 
1

 
137

 

Commercial & Industrial
1

 
135

 

 
1

 
2

 

Residential 1-4 Family
7

 
1,141

 

 
6

 
1,142

 

HELOC

 

 

 
1

 
319

 

Total nonperforming
12

 
$
1,658

 
$

 
11

 
$
1,921

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Total performing and nonperforming
56

 
$
13,543

 
$

 
57

 
$
12,701

 
$

Schedule of TDR by Class and Modification Type
The following table shows, by segment and modification type, TDRs that occurred during the three and six months ended June 30, 2016 (dollars in thousands):
 
Three Months Ended
June 30, 2016
 
Six Months Ended
June 30, 2016
 
No. of
Loans
 
Recorded 
Investment at
Period End
 
No. of
Loans
 
Recorded 
Investment at
Period End
Term modification, at a market rate
 

 
 

 
 

 
 

Construction and Land Development
1

 
$
1,193

 
1

 
$
1,193

Commercial Real Estate - Owner Occupied
1

 
38

 
2

 
743

Residential 1-4 Family
1

 
100

 
2

 
476

Total loan term extended at a market rate
3

 
$
1,331

 
5

 
$
2,412

 
 
 
 
 
 
 
 
Term modification, below market rate
 
 
 
 
 
 
 
Residential 1-4 Family
1

 
$
37

 
1

 
$
37

Total loan term extended at a below market rate
1

 
$
37

 
1

 
$
37

 
 
 
 
 
 
 
 
Interest rate modification, below market rate
 
 
 
 
 
 
 
Commercial & Industrial
1

 
$
135

 
1

 
$
135

Total interest only at below market rate of interest
1

 
$
135

 
1

 
$
135

 
 
 
 
 
 
 
 
Total
5

 
$
1,503

 
7

 
$
2,584



The following table shows, by segment and modification type, TDRs that occurred during the three and six months ended June 30, 2015 (dollars in thousands):

 
Three Months Ended
June 30, 2015
 
Six Months Ended
June 30, 2015
 
No. of
Loans
 
Recorded 
Investment at
Period End
 
No. of
Loans
 
Recorded 
Investment at
Period End
Term modification, at a market rate
 

 
 

 
 

 
 

Commercial Real Estate - Owner Occupied
1

 
$
120

 
1

 
$
120

Commercial & Industrial

 

 
1

 
18

Total loan term extended at a market rate
1

 
120

 
2

 
138

 
 
 
 
 
 
 
 
Term modification, below market rate
 
 
 
 
 
 
 
Commercial Real Estate - Owner Occupied
1

 
$
873

 
1

 
$
873

Total loan term extended at a below market rate
1

 
$
873

 
1

 
$
873

 
 
 
 
 
 
 
 
Total
2

 
$
993

 
3

 
$
1,011

Allowance for Loan Loss Activity, by Portfolio Segment, Balances for Allowance for Credit Losses, and Loans Based on Impairment Methodology
The following table shows the allowance for loan loss activity, balances for allowance for loan losses, and loan balances based on impairment methodology by segment for the six months ended and as of June 30, 2016. The table below includes the provision for loan losses. As discussed in Note 1 “Accounting Policies,” the Company enhanced its loan segmentation for purposes of the allowance calculation as well as its disclosures. The impact of this enhancement is reflected in the provision amounts in the table below. In addition, a $100,000 provision was recognized during the six months ended June 30, 2016 for unfunded loan commitments for which the reserves are recorded as a component of “Other Liabilities” on the Company’s Consolidated Balance Sheets. 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):

 
Allowance for loan losses
 
Balance,
beginning of the
year
 
Recoveries
credited to
allowance
 
Loans charged
off
 
Provision
charged to
operations
 
Balance, end of
period
Construction and Land Development
$
6,040

 
$
97

 
$
(859
)
 
$
5,030

 
$
10,308

Commercial Real Estate - Owner Occupied
4,614

 
62

 
(772
)
 
129

 
4,033

Commercial Real Estate - Non-Owner Occupied
6,929

 

 

 
(1,536
)
 
5,393

Multifamily Real Estate
1,606

 

 

 
(697
)
 
909

Commercial & Industrial
3,163

 
355

 
(1,285
)
 
1,793

 
4,026

Residential 1-4 Family
5,414

 
381

 
(295
)
 
600

 
6,100

Auto
1,703

 
131

 
(525
)
 
(470
)
 
839

HELOC
2,934

 
132

 
(800
)
 
(948
)
 
1,318

Consumer and all other
1,644

 
330

 
(729
)
 
903

 
2,148

Total
$
34,047

 
$
1,488

 
$
(5,265
)
 
$
4,804

 
$
35,074

 
 
Loans individually evaluated
for impairment
 
Loans collectively evaluated for
impairment
 
Loans acquired with
deteriorated credit quality
 
Total
 
Loans
 
ALL
 
Loans
 
ALL
 
Loans
 
ALL
 
Loans
 
ALL
Construction and Land Development
$
31,710

 
$
64

 
$
729,274

 
$
10,244

 
$
5,013

 
$

 
$
765,997

 
$
10,308

Commercial Real Estate - Owner Occupied
13,492

 
49

 
797,696

 
3,984

 
20,692

 

 
831,880

 
4,033

Commercial Real Estate - Non-Owner Occupied
4,260

 
1

 
1,348,188

 
5,392

 
18,297

 

 
1,370,745

 
5,393

Multifamily Real Estate
3,777

 

 
331,854

 
909

 
2,092

 

 
337,723

 
909

Commercial & Industrial
2,488

 
47

 
465,212

 
3,979

 
1,354

 

 
469,054

 
4,026

Residential 1-4 Family
13,945

 
345

 
960,707

 
5,755

 
17,805

 

 
992,457

 
6,100

Auto
140

 
1

 
244,435

 
838

 

 

 
244,575

 
839

HELOC
2,337

 
81

 
515,342

 
1,237

 
1,517

 

 
519,196

 
1,318

Consumer and all other
326

 
1

 
408,745

 
2,147

 
400

 

 
409,471

 
2,148

Total loans held for investment, net
$
72,475

 
$
589

 
$
5,801,453

 
$
34,485

 
$
67,170

 
$

 
$
5,941,098

 
$
35,074

 
The following table shows the allowance for loan loss activity, balances for allowance for loan losses, and loan balances based on impairment methodology by segment for the six months ended and as of June 30, 2015. In addition, a $200,000 provision was recognized during the six months ended June 30, 2015 for unfunded loan commitments. 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):

 
Allowance for loan losses
 
Balance,
beginning of the
year
 
Recoveries
credited to
allowance
 
Loans charged
off
 
Provision
charged to
operations
 
Balance, end of
period
Construction and Land Development
$
4,856

 
$
345

 
$
(68
)
 
$
(205
)
 
$
4,928

Commercial Real Estate - Owner Occupied
4,640

 
8

 
(481
)
 
697

 
4,864

Commercial Real Estate - Non-Owner Occupied
7,256

 
55

 
(2,765
)
 
1,760

 
6,306

Multifamily Real Estate
1,374

 

 

 
261

 
1,635

Commercial & Industrial
2,610

 
217

 
(1,693
)
 
1,958

 
3,092

Residential 1-4 Family
5,607

 
469

 
(715
)
 
(75
)
 
5,286

Auto
1,297

 
162

 
(382
)
 
318

 
1,395

HELOC
2,675

 
146

 
(288
)
 
179

 
2,712

Consumer and all other
2,069

 
294

 
(643
)
 
406

 
2,126

Total
$
32,384

 
$
1,696

 
$
(7,035
)
 
$
5,299

 
$
32,344

 
 
Loans individually evaluated
for impairment
 
Loans collectively evaluated for
impairment
 
Loans acquired with
deteriorated credit quality
 
Total
 
Loans
 
ALL
 
Loans
 
ALL
 
Loans
 
ALL
 
Loans
 
ALL
Construction and Land Development
$
48,184

 
$
145

 
$
614,653

 
$
4,783

 
$
8,397

 
$

 
$
671,234

 
$
4,928

Commercial Real Estate - Owner Occupied
18,079

 
657

 
826,665

 
4,207

 
29,838

 

 
874,582

 
4,864

Commercial Real Estate - Non-Owner Occupied
8,438

 
81

 
1,192,226

 
6,225

 
16,982

 

 
1,217,646

 
6,306

Multifamily Real Estate
4,621

 

 
308,849

 
1,635

 
3,004

 

 
316,474

 
1,635

Commercial & Industrial
4,427

 
460

 
418,826

 
2,632

 
2,940

 

 
426,193

 
3,092

Residential 1-4 Family
10,024

 
256

 
957,411

 
5,030

 
24,157

 

 
991,592

 
5,286

Auto

 

 
216,420

 
1,395

 

 

 
216,420

 
1,395

HELOC
1,058

 
4

 
509,225

 
2,708

 
1,840

 

 
512,123

 
2,712

Consumer and all other
384

 
7

 
283,054

 
2,119

 
683

 

 
284,121

 
2,126

Total loans held for investment, net
$
95,215

 
$
1,610

 
$
5,327,329

 
$
30,734

 
$
87,841

 
$

 
$
5,510,385

 
$
32,344

Loans Receivables Related Risk Rating
The following table shows the recorded investment in all loans, excluding PCI loans, by segment with their related risk level as of June 30, 2016 (dollars in thousands):
 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
Construction and Land Development
$
684,002

 
$
47,592

 
$
29,274

 
$
116

 
$
760,984

Commercial Real Estate - Owner Occupied
779,574

 
25,352

 
6,262

 

 
811,188

Commercial Real Estate - Non-Owner Occupied
1,317,192

 
30,997

 
4,259

 

 
1,352,448

Multifamily Real Estate
324,718

 
7,136

 
3,777

 

 
335,631

Commercial & Industrial
449,708

 
15,953

 
2,039

 

 
467,700

Residential 1-4 Family
943,154

 
22,467

 
6,876

 
2,155

 
974,652

Auto
242,596

 
1,698

 
103

 
178

 
244,575

HELOC
511,936

 
3,718

 
1,438

 
587

 
517,679

Consumer and all other
405,742

 
3,083

 
37

 
209

 
409,071

Total
$
5,658,622

 
$
157,996

 
$
54,065

 
$
3,245

 
$
5,873,928

 
The following table shows the recorded investment in all loans, excluding PCI loans, by segment with their related risk level as of December 31, 2015 (dollars in thousands):
 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
Construction and Land Development
$
663,067

 
$
52,650

 
$
27,980

 
$
37

 
$
743,734

Commercial Real Estate - Owner Occupied
800,979

 
20,856

 
8,931

 
1,932

 
832,698

Commercial Real Estate - Non-Owner Occupied
1,228,956

 
22,341

 
5,664

 

 
1,256,961

Multifamily Real Estate
315,128

 
2,017

 
3,828

 

 
320,973

Commercial & Industrial
414,333

 
16,724

 
2,396

 
99

 
433,552

Residential 1-4 Family
912,839

 
34,728

 
8,037

 
1,706

 
957,310

Auto
230,670

 
3,109

 
194

 
88

 
234,061

HELOC
507,514

 
4,801

 
1,611

 
1,009

 
514,935

Consumer and all other
299,014

 
3,996

 
231

 
260

 
303,501

Total
$
5,372,500

 
$
161,222

 
$
58,872

 
$
5,131

 
$
5,597,725

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 periods presented (dollars in thousands):
 
 
For the Six Months Ended
June 30,
 
2016
 
2015
Balance at beginning of period
$
22,139

 
$
28,956

Additions

 

Accretion
(2,792
)
 
(3,106
)
Reclass of nonaccretable difference due to improvement in expected cash flows
3,450

 
2,976

Other, net (1)
(2,139
)
 
(4,784
)
Balance at end of period
$
20,658

 
$
24,042

 
(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 quarter.
Purchased Impaired [Member]  
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 segment and their delinquency status, at June 30, 2016 (dollars in thousands):
 
 
30-89 Days Past
Due
 
Greater than 90
Days
 
Current
 
Total
Construction and Land Development
$
3

 
$
361

 
$
4,649

 
$
5,013

Commercial Real Estate - Owner Occupied
1,098

 
1,495

 
18,099

 
20,692

Commercial Real Estate - Non-Owner Occupied
795

 
171

 
17,331

 
18,297

Multifamily Real Estate

 

 
2,092

 
2,092

Commercial & Industrial
149

 

 
1,205

 
1,354

Residential 1-4 Family
1,014

 
1,213

 
15,578

 
17,805

HELOC
137

 
510

 
870

 
1,517

Consumer and all other

 

 
400

 
400

Total
$
3,196

 
$
3,750

 
$
60,224

 
$
67,170


 
The following table shows the PCI loan portfolios, by segment and their delinquency status, at December 31, 2015 (dollars in thousands):
 
 
30-89 Days Past
Due
 
Greater than 90
Days
 
Current
 
Total
Construction and Land Development
$
369

 
$
241

 
$
5,376

 
$
5,986

Commercial Real Estate - Owner Occupied
1,139

 
1,412

 
24,837

 
27,388

Commercial Real Estate - Non-Owner Occupied
755

 
202

 
12,562

 
13,519

Multifamily Real Estate

 

 
1,555

 
1,555

Commercial & Industrial
209

 
21

 
1,583

 
1,813

Residential 1-4 Family
2,143

 
1,923

 
17,093

 
21,159

HELOC
410

 
458

 
923

 
1,791

Consumer and all other

 

 
526

 
526

Total
$
5,025

 
$
4,257

 
$
64,455

 
$
73,737

 
Loans Receivables Related Risk Rating
The following table shows the recorded investment in only PCI loans by segment with their related risk level as of June 30, 2016 (dollars in thousands):
 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
Construction and Land Development
$
1,071

 
$
2,432

 
$
1,269

 
$
241

 
$
5,013

Commercial Real Estate - Owner Occupied
5,407

 
9,813

 
5,472

 

 
20,692

Commercial Real Estate - Non-Owner Occupied
5,335

 
12,400

 
562

 

 
18,297

Multifamily Real Estate
350

 
1,742

 

 

 
2,092

Commercial & Industrial
104

 
434

 
816

 

 
1,354

Residential 1-4 Family
8,677

 
5,224

 
3,285

 
619

 
17,805

HELOC
861

 
146

 
79

 
431

 
1,517

Consumer and all other
181

 
195

 
24

 

 
400

Total
$
21,986

 
$
32,386

 
$
11,507

 
$
1,291

 
$
67,170

 
The following table shows the recorded investment in only PCI loans by segment with their related risk level as of December 31, 2015 (dollars in thousands):
 
 
Pass
 
Special Mention
 
Substandard
 
Doubtful
 
Total
Construction and Land Development
$
2,059

 
$
1,778

 
$
1,908

 
$
241

 
$
5,986

Commercial Real Estate - Owner Occupied
5,260

 
15,530

 
6,598

 

 
27,388

Commercial Real Estate - Non-Owner Occupied
4,442

 
7,827

 
1,250

 

 
13,519

Multifamily Real Estate
356

 
1,199

 

 

 
1,555

Commercial & Industrial
144

 
359

 
1,289

 
21

 
1,813

Residential 1-4 Family
9,098

 
6,380

 
4,605

 
1,076

 
21,159

HELOC
923

 
410

 
20

 
438

 
1,791

Consumer and all other
57

 
379

 
90

 

 
526

Total
$
22,339

 
$
33,862

 
$
15,760

 
$
1,776

 
$
73,737