LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

v3.8.0.1

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Mar. 31, 2018
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 March 31, 2018 and December 31, 2017 (dollars in thousands):   March 31, 2018   December 31, 2017 Construction and Land Development $ 1,249,196   $ 948,791 Commercial Real Estate - Owner Occupied 1,279,155   943,933 Commercial Real Estate - Non-Owner Occupied 2,230,463   1,713,659 Multifamily Real Estate 547,520   357,079 Commercial & Industrial 1,125,733   612,023 Residential 1-4 Family - Commercial 714,660   612,395 Residential 1-4 Family - Mortgage 604,354   485,690 Auto 288,089   282,474 HELOC 642,084   537,521 Consumer 839,699   408,667 Other Commercial 284,770   239,320 Total loans held for investment, net (1) $ 9,805,723   $ 7,141,552   (1) Loans, as presented, are net of deferred fees and costs totaling $2.7 million and $1.3 million as of March 31, 2018 and December 31, 2017, 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 March 31, 2018 (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 $ 403   $ 1,291   $ 322   $ 10,202   $ 6,391   $ 1,230,587   $ 1,249,196 Commercial Real Estate - Owner Occupied 4,985   777   —   25,826   2,539   1,245,028   1,279,155 Commercial Real Estate - Non-Owner Occupied 1,867   —   —   19,594   2,089   2,206,913   2,230,463 Multifamily Real Estate —   —   —   3,380   —   544,140   547,520 Commercial & Industrial 2,608   1,254   200   2,890   1,969   1,116,812   1,125,733 Residential 1-4 Family - Commercial 3,707   960   113   14,826   1,512   693,542   714,660 Residential 1-4 Family - Mortgage 6,210   1,397   1,148   20,517   7,929   567,153   604,354 Auto 2,167   193   170   14   394   285,151   288,089 HELOC 3,564   1,346   306   1,884   2,072   632,912   642,084 Consumer and all other(1) 4,179   2,074   371   3,728   243   1,113,874   1,124,469 Total loans held for investment $ 29,690   $ 9,292   $ 2,630   $ 102,861   $ 25,138   $ 9,636,112   $ 9,805,723  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes. The following table shows the aging of the Company’s loan portfolio, by segment, at December 31, 2017 (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 $ 1,248   $ 898   $ 1,340   $ 2,838   $ 5,610   $ 936,857   $ 948,791 Commercial Real Estate - Owner Occupied 444   81   —   14,790   2,708   925,910   943,933 Commercial Real Estate - Non-Owner Occupied 187   84   194   6,610   2,992   1,703,592   1,713,659 Multifamily Real Estate —   —   —   80   —   356,999   357,079 Commercial & Industrial 1,147   109   214   408   316   609,829   612,023 Residential 1-4 Family - Commercial 1,682   700   579   9,414   1,085   598,935   612,395 Residential 1-4 Family - Mortgage 3,838   2,541   546   3,733   6,269   468,763   485,690 Auto 3,541   185   40   —   413   278,295   282,474 HELOC 2,382   717   217   950   2,075   531,180   537,521 Consumer and all other(1) 2,404   2,052   402   198   275   642,656   647,987 Total loans held for investment $ 16,873   $ 7,367   $ 3,532   $ 39,021   $ 21,743   $ 7,053,016   $ 7,141,552
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, by segment at March 31, 2018 and December 31, 2017 (dollars in thousands):   March 31, 2018   December 31, 2017   Recorded Investment   Unpaid Principal Balance   Related Allowance   Recorded Investment   Unpaid Principal Balance   Related Allowance Loans without a specific allowance                       Construction and Land Development $ 11,652   $ 11,831   $ —   $ 16,035   $ 16,214   $ — Commercial Real Estate - Owner Occupied 15,966   16,347   —   5,427   5,527   — Commercial Real Estate - Non-Owner Occupied 7,545   7,727   —   6,017   6,103   — Commercial & Industrial 2,313   2,649   —   1,681   1,933   — Residential 1-4 Family - Commercial 5,459   6,254   —   4,098   4,879   — Residential 1-4 Family - Mortgage 12,910   13,238   —   9,512   9,786     HELOC 3,497   3,788   —   2,056   2,144   — Consumer and all other(1) 585   753   —   567   734   — Total impaired loans without a specific allowance $ 59,927   $ 62,587   $ —   $ 45,393   $ 47,320   $ —                         Loans with a specific allowance                       Construction and Land Development $ 526   $ 572   $ 78   $ 1,536   $ 1,573   $ 122 Commercial Real Estate - Owner Occupied 820   830   74   1,161   1,161   94 Commercial Real Estate - Non-Owner Occupied 83   83   1   —   —   — Commercial & Industrial 2,074   2,113   60   1,295   1,319   128 Residential 1-4 Family - Commercial 909   921   30   1,062   1,068   35 Residential 1-4 Family - Mortgage 3,279   3,532   88   1,953   2,070   36 Auto 740   900   3   413   577   2 HELOC 936   1,053   167   464   535   51 Consumer and all other(1) 159   298   1   204   309   35 Total impaired loans with a specific allowance $ 9,526   $ 10,302   $ 502   $ 8,088   $ 8,612   $ 503 Total impaired loans $ 69,453   $ 72,889   $ 502   $ 53,481   $ 55,932   $ 503 (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes. The following tables show the average recorded investment and interest income recognized for the Company’s impaired loans, excluding PCI loans, by segment for the three months ended March 31, 2018 and 2017 (dollars in thousands):   Three Months Ended March 31, 2018   Three Months Ended March 31, 2017   Average Investment   Interest Income Recognized   Average Investment   Interest Income Recognized Construction and Land Development $ 12,326   $ 74   $ 17,179   $ 139 Commercial Real Estate - Owner Occupied 17,112   160   6,793   64 Commercial Real Estate - Non-Owner Occupied 7,904   61   11,540   108 Commercial & Industrial 4,933   45   6,830   36 Residential 1-4 Family - Commercial 6,618   56   5,251   43 Residential 1-4 Family - Mortgage 16,529   77   7,796   30 Auto 836   5   477   1 HELOC 4,784   32   2,366   4 Consumer and all other(1) 764   7   303   — Total impaired loans $ 71,806   $ 517   $ 58,535   $ 425
Summary of Modified Loans that Continue to Accrue Interest Under the Terms of Restructuring Agreement	The following table provides a summary, by segment, of TDRs that continue to accrue interest under the terms of the 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 March 31, 2018 and December 31, 2017 (dollars in thousands):   March 31, 2018   December 31, 2017   No. of Loans   Recorded Investment   Outstanding Commitment   No. of Loans   Recorded Investment   Outstanding Commitment Performing                       Construction and Land Development 3   $ 1,658   $ —   7   $ 2,803   $ — Commercial Real Estate - Owner Occupied 8   3,010   —   5   2,221   — Commercial Real Estate - Non-Owner Occupied 2   571   —   2   715   — Commercial & Industrial 4   876   —   12   2,057   — Residential 1-4 Family - Commercial 17   1,189   —   16   1,048   — Residential 1-4 Family - Mortgage 27   5,478   —   24   5,194   — HELOC 1   20   —   1   20   — Consumer and all other (1) 1   490   —   1   495   — Total performing 63   $ 13,292   $ —   68   $ 14,553   $ — Nonperforming                       Construction and Land Development 3   $ 1,175   $ —   2   $ 702   $ — Commercial Real Estate - Owner Occupied 2   128   —   2   134   — Commercial & Industrial 10   1,116   —   2   108   — Residential 1-4 Family - Commercial 5   535   —   5   558   — Residential 1-4 Family - Mortgage 7   1,249   —   7   1,264   — HELOC 1   60   —   1   59   — Consumer and all other (1) 1   21   —   1   24   — Total nonperforming 29   $ 4,284   $ —   20   $ 2,849   $ — Total performing and nonperforming 92   $ 17,576   $ —   88   $ 17,402   $ — (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes.
Schedule of TDR by Class and Modification Type	The following table shows, by segment and modification type, TDRs that occurred during the three months ended March 31, 2018 and 2017 and TDRs that were identified by the Company as going into default during the period shown that were restructured in the prior twelve-month period (dollars in thousands):   All Restructurings   Restructurings with Payment Default   Three Months Ended March 31, 2018   Three Months Ended March 31, 2017   Three Months Ended March 31, 2018   Three Months Ended March 31, 2017   No. of Loans   Recorded  Investment at Period End   No. of Loans   Recorded  Investment at Period End   No. of Loans   Recorded  Investment at Period End   No. of Loans   Recorded  Investment at Period End Modified to interest only, at a market rate                               Commercial & Industrial —   $ —   5   $ 661   —   $ —   —   $ — Total interest only at market rate of interest —   $ —   5   $ 661   —   $ —   —   $ —                                 Term modification, at a market rate                               Construction and Land Development —   $ —   —   $ —   2   $ 1,015   —   $ — Commercial Real Estate - Owner Occupied 3   811   —   —   —   —   —   — Commercial Real Estate - Non-Owner Occupied —   —   2   1,637   —   —   —   — Commercial & Industrial —   —   2   836   —   —   —   — Residential 1-4 Family - Commercial 1   152   1   207   1   60   —   — Residential 1-4 Family - Mortgage 1   140   2   173   —   —   —   — Total loan term extended at a market rate 5   $ 1,103   7   $ 2,853   3   $ 1,075   —   $ —                                 Term modification, below market rate                               Commercial & Industrial —   $ —   2   $ 128   —   $ —   —   $ — Residential 1-4 Family - Commercial —   —   2   87   —   —   —   — Residential 1-4 Family - Mortgage 2   164   2   778   —   —   —   — Total loan term extended at a below market rate 2   $ 164   6   $ 993   —   $ —   —   $ —                                 Total 7   $ 1,267   18   $ 4,507   3   $ 1,075   —   $ — The following table shows, by segment and modification type, TDRs that occurred during the three months ended March 31, 2018 and 2017 and TDRs that were identified by the Company as going into default during the period shown that were restructured in the prior twelve-month period (dollars in thousands):
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 three months ended and as of March 31, 2018. The table below includes 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):   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 $ 9,709   $ 226   $ (6 )   $ 287   $ 10,216 Commercial Real Estate - Owner Occupied 2,931   109   (125 )   1,057   3,972 Commercial Real Estate - Non-Owner Occupied 7,544   4   (94 )   (353 )   7,101 Multifamily Real Estate 1,092   5   —   290   1,387 Commercial & Industrial 4,552   186   (206 )   1,162   5,694 Residential 1-4 Family - Commercial 4,437   52   (10 )   (1,787 )   2,692 Residential 1-4 Family - Mortgage 1,524   153   (100 )   638   2,215 Auto 975   88   (168 )   125   1,020 HELOC 1,360   276   (84 )   (81 )   1,471 Consumer and all other(1) 4,084   381   (1,766 )   2,162   4,861 Total $ 38,208   $ 1,480   $ (2,559 )   $ 3,500   $ 40,629  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes.   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 $ 12,178   $ 78   $ 1,226,816   $ 10,138   $ 10,202   $ —   $ 1,249,196   $ 10,216 Commercial Real Estate - Owner Occupied 16,786   74   1,236,543   3,898   25,826   —   1,279,155   3,972 Commercial Real Estate - Non-Owner Occupied 7,628   1   2,203,241   7,100   19,594   —   2,230,463   7,101 Multifamily Real Estate —   —   544,140   1,387   3,380   —   547,520   1,387 Commercial & Industrial 4,387   60   1,118,456   5,634   2,890   —   1,125,733   5,694 Residential 1-4 Family - Commercial 6,368   30   693,466   2,662   14,826   —   714,660   2,692 Residential 1-4 Family - Mortgage 16,189   88   567,648   2,127   20,517   —   604,354   2,215 Auto 740   3   287,335   1,017   14   —   288,089   1,020 HELOC 4,433   167   635,767   1,304   1,884   —   642,084   1,471 Consumer and all other(1) 744   1   1,119,997   4,860   3,728   —   1,124,469   4,861 Total loans held for investment, net $ 69,453   $ 502   $ 9,633,409   $ 40,127   $ 102,861   $ —   $ 9,805,723   $ 40,629  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes. 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 three months ended and as of March 31, 2017. In addition, a $112,000 provision was recognized during the three months ended March 31, 2017 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 $ 10,055   $ 37   $ (45 )   $ (496 )   $ 9,551 Commercial Real Estate - Owner Occupied 3,801   20   —   (600 )   3,221 Commercial Real Estate - Non-Owner Occupied 6,622   —   —   640   7,262 Multifamily Real Estate 1,236   —   —   198   1,434 Commercial & Industrial 4,627   139   (241 )   754   5,279 Residential 1-4 Family - Commercial 3,698   91   (70 )   132   3,851 Residential 1-4 Family - Mortgage 2,701   37   (65 )   95   2,768 Auto 946   108   (248 )   139   945 HELOC 1,328   88   (194 )   47   1,269 Consumer and all other(1) 2,178   325   (770 )   1,101   2,834 Total $ 37,192   $ 845   $ (1,633 )   $ 2,010   $ 38,414  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes.   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 $ 17,301   $ 729   $ 750,210   $ 8,822   $ 2,776   $ —   $ 770,287   $ 9,551 Commercial Real Estate - Owner Occupied 6,759   3   845,601   3,218   18,199   —   870,559   3,221 Commercial Real Estate - Non-Owner Occupied 11,516   745   1,603,526   6,517   16,725   —   1,631,767   7,262 Multifamily Real Estate —   —   351,711   1,434   2,058   —   353,769   1,434 Commercial & Industrial 6,100   617   569,734   4,662   733   —   576,567   5,279 Residential 1-4 Family - Commercial 5,120   112   563,502   3,739   11,946   —   580,568   3,851 Residential 1-4 Family - Mortgage 7,664   281   465,243   2,487   3,964   —   476,871   2,768 Auto 393   1   271,073   944   —   —   271,466   945 HELOC 2,200   20   524,507   1,249   1,156   —   527,863   1,269 Consumer and all other(1) 302   7   493,814   2,827   213   —   494,329   2,834 Total loans held for investment, net $ 57,355   $ 2,515   $ 6,438,921   $ 35,899   $ 57,770   $ —   $ 6,554,046   $ 38,414  (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 segment with their related risk level as of March 31, 2018 (dollars in thousands):     Pass   Special Mention   Substandard   Doubtful   Total Construction and Land Development $ 1,160,775   $ 67,489   $ 10,730   $ —   $ 1,238,994 Commercial Real Estate - Owner Occupied 1,180,445   57,927   14,957   —   1,253,329 Commercial Real Estate - Non-Owner Occupied 2,178,842   24,579   7,448   —   2,210,869 Multifamily Real Estate 532,643   11,497   —   —   544,140 Commercial & Industrial 1,076,460   42,852   3,531   —   1,122,843 Residential 1-4 Family - Commercial 677,693   17,688   4,453   —   699,834 Residential 1-4 Family - Mortgage 563,869   11,893   8,075   —   583,837 Auto 284,933   2,552   579   11   288,075 HELOC 620,155   16,992   3,053   —   640,200 Consumer and all other(1) 1,115,732   4,304   697   8   1,120,741 Total $ 9,391,547   $ 257,773   $ 53,523   $ 19   $ 9,702,862  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes. The following table shows the recorded investment in all loans, excluding PCI loans, by segment with their related risk level as of December 31, 2017 (dollars in thousands):     Pass   Special Mention   Substandard   Doubtful   Total Construction and Land Development $ 869,111   $ 62,517   $ 14,325   $ —   $ 945,953 Commercial Real Estate - Owner Occupied 872,130   52,268   4,745   —   929,143 Commercial Real Estate - Non-Owner Occupied 1,681,314   19,899   5,836   —   1,707,049 Multifamily Real Estate 349,625   7,374   —   —   356,999 Commercial & Industrial 595,923   13,533   2,159   —   611,615 Residential 1-4 Family - Commercial 587,169   12,117   3,650   45   602,981 Residential 1-4 Family - Mortgage 470,646   7,190   1,642   2,479   481,957 Auto 278,063   4,131   119   161   282,474 HELOC 531,358   3,867   857   489   536,571 Consumer and all other(1) 645,187   1,758   781   63   647,789 Total $ 6,880,526   $ 184,654   $ 34,114   $ 3,237   $ 7,102,531  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes.
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 Three Months Ended March 31,   2018   2017 Balance at beginning of period $ 14,563   $ 19,739 Additions 12,225   — Accretion (2,144 )   (1,511 ) Reclass of nonaccretable difference due to changes in expected cash flows (35 )   1,680 Other, net (1) 293   (908 ) Balance at end of period $ 24,902   $ 19,000   (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
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 March 31, 2018 (dollars in thousands):   30-89 Days Past Due   Greater than 90 Days   Current   Total Construction and Land Development $ 54   $ 1,909   $ 8,239   $ 10,202 Commercial Real Estate - Owner Occupied 438   4,995   20,393   25,826 Commercial Real Estate - Non-Owner Occupied 180   1,558   17,856   19,594 Multifamily Real Estate —   —   3,380   3,380 Commercial & Industrial 38   120   2,732   2,890 Residential 1-4 Family - Commercial 383   1,454   12,989   14,826 Residential 1-4 Family - Mortgage 1,673   4,076   14,768   20,517 Auto —   —   14   14 HELOC 83   645   1,156   1,884 Consumer and all other(1) 7   220   3,501   3,728 Total $ 2,856   $ 14,977   $ 85,028   $ 102,861  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes. The following table shows the PCI loan portfolios, by segment and their delinquency status, at December 31, 2017 (dollars in thousands):     30-89 Days Past Due   Greater than 90 Days   Current   Total Construction and Land Development $ 8   $ 57   $ 2,773   $ 2,838 Commercial Real Estate - Owner Occupied 381   478   13,931   14,790 Commercial Real Estate - Non-Owner Occupied 188   233   6,189   6,610 Multifamily Real Estate —   —   80   80 Commercial & Industrial —   —   408   408 Residential 1-4 Family - Commercial 433   351   8,630   9,414 Residential 1-4 Family - Mortgage 343   626   2,764   3,733 HELOC 291   214   445   950 Consumer and all other(1) —   —   198   198 Total $ 1,644   $ 1,959   $ 35,418   $ 39,021
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 March 31, 2018 (dollars in thousands):     Pass   Special Mention   Substandard   Doubtful   Total Construction and Land Development $ 1,410   $ 6,498   $ 2,294   $ —   $ 10,202 Commercial Real Estate - Owner Occupied 6,788   11,261   7,777   —   25,826 Commercial Real Estate - Non-Owner Occupied 3,065   10,689   5,840   —   19,594 Multifamily Real Estate —   81   3,299   —   3,380 Commercial & Industrial 1,707   842   341   —   2,890 Residential 1-4 Family - Commercial 5,771   5,746   3,309   —   14,826 Residential 1-4 Family - Mortgage 2,712   10,142   7,455   208   20,517 Auto —   14   —   —   14 HELOC 719   362   592   211   1,884 Consumer and all other(1) 970   2,493   265   —   3,728 Total $ 23,142   $ 48,128   $ 31,172   $ 419   $ 102,861  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes. The following table shows the recorded investment in only PCI loans by segment with their related risk level as of December 31, 2017 (dollars in thousands):     Pass   Special Mention   Substandard   Doubtful   Total Construction and Land Development $ 1,462   $ 1,260   $ 116   $ —   $ 2,838 Commercial Real Estate - Owner Occupied 4,958   7,486   2,346   —   14,790 Commercial Real Estate - Non-Owner Occupied 3,920   1,394   1,296   —   6,610 Multifamily Real Estate —   80   —   —   80 Commercial & Industrial 85   123   200   —   408 Residential 1-4 Family - Commercial 5,234   2,877   1,303   —   9,414 Residential 1-4 Family - Mortgage 2,764   329   71   569   3,733 HELOC 446   291   94   119   950 Consumer and all other(1) 148   41   9   —   198 Total $ 19,017   $ 13,881   $ 5,435   $ 688   $ 39,021  (1)Consumer and Other Commercial are grouped together as Consumer and all other for reporting purposes.