4. LOANS AND ALLOWANCE FOR LOAN LOSSES

Loans are stated at their face amount, net of unearned income, and consist of the following at December 31, 2011 and 2010 (dollars in thousands):

 

		2011				2010
Commercial:
Commercial Construction		$	185,359			$	205,713
Commercial Real Estate—Owner Occupied			452,407				445,097
Commercial Real Estate—Non-Owner Occupied			655,083				574,690
Raw Land and Lots			214,284				243,662
Single Family Investment Real Estate			192,437				183,867
Commercial and Industrial			212,268				231,306
Other Commercial			44,403				55,290
Consumer:
Mortgage			219,646				212,228
Consumer Construction			20,757				15,615
Indirect Auto			162,708				180,769
Indirect Marine			39,819				46,417
HELOCs			277,101				275,229
Credit Card			19,006				17,103
Other Consumer			123,305				150,267
Total		$	2,818,583			$	2,837,253

 

The following table shows the aging of Company's loan portfolio, by class, at December 31, 2011 (dollars in thousands):

 

		30-59 Days Past  Due				60-89 Days Past  Due				Greater Than 90  Days and still Accruing				Purchased Impaired (net  of credit mark)				Nonaccrual				Current				Total Loans
Commercial:
Commercial Construction		$	—			$	—			$	490			$	—			$	10,276			$	174,593			$	185,359
Commercial Real Estate—Owner Occupied			520				—				2,482				1,292				5,962				442,151				452,407
Commercial Real Estate—Non-Owner Occupied			190				64				2,887				1,133				2,031				648,778				655,083
Raw Land and Lots			94				1,124				—				5,623				13,322				194,121				214,284
Single Family Investment Real Estate			779				70				3,637				388				5,048				182,515				192,437
Commercial and Industrial			601				185				3,369				392				5,297				202,424				212,268
Other Commercial			—				25				—				—				238				44,140				44,403
Consumer:
Mortgage			6,748				412				3,804				—				240				208,442				219,646
Consumer Construction			—				—				—				—				207				20,550				20,757
Indirect Auto			2,653				416				443				40				7				159,149				162,708
Indirect Marine			189				795				—				—				544				38,291				39,819
HELOCs			1,678				547				820				865				885				272,306				277,101
Credit Card			245				184				323				—				—				18,254				19,006
Other Consumer			1,421				443				1,657				164				777				118,843				123,305
Total		$	15,118			$	4,265			$	19,912			$	9,897			$	44,834			$	2,724,557			$	2,818,583

The following table shows the aging of Company's loan portfolio, by class, at December 31, 2010 (dollars in thousands):

 

		30-59 Days Past Due				60-89 Days Past Due				Greater Than 90 Days and still Accruing				Purchased Impaired (net  of credit mark)				Nonaccrual				Current				Total Loans
Commercial:
Commercial Construction		$	1,834			$	283			$	900			$	1,170			$	11,410			$	190,116			$	205,713
Commercial Real Estate—Owner Occupied			1,607				2,027				1,351				1,799				6,261				432,052				445,097
Commercial Real Estate—Non-Owner Occupied			4,671				424				186				1,201				3,896				564,312				574,690
Raw Land and Lots			3,706				631				1,354				7,080				22,546				208,345				243,662
Single Family Investment Real Estate			1,486				281				50				715				10,226				171,109				183,867
Commercial and Industrial			1,727				204				919				835				4,797				222,824				231,306
Other Commercial			—				99				208				—				458				54,525				55,290
Consumer:
Mortgage			5,967				1,944				4,242				—				261				199,814				212,228
Consumer Construction			159				—				—				—				218				15,238				15,615
Indirect Auto			3,457				613				729				82				14				175,874				180,769
Indirect Marine			920				181				481				—				124				44,711				46,417
HELOCs			1,155				371				1,704				980				1,329				269,690				275,229
Credit Card			292				90				199				—				—				16,522				17,103
Other Consumer			2,447				624				3,009				137				176				143,874				150,267
Total		$	29,428			$	7,772			$	15,332			$	13,999			$	61,716			$	2,709,006			$	2,837,253

Nonaccrual loans totaled $44.8 million and $61.7 million at December 31, 2011 and 2010, respectively. Had these loans performed in accordance with their original terms, interest income of approximately $1.3 million, $1.0 million, and $566,000 would have been recorded in 2011, 2010, and 2009, respectively. There were no non-accrual loans excluded from impaired loan disclosure at December 31, 2011 and 2010. Loans past due 90 days or more and accruing interest totaled $19.9 million and $15.3 million at December 31, 2011 and 2010, respectively.

The following table shows purchased impaired commercial and consumer loan portfolios, by class, and their delinquency status through December 31, 2011 (dollars in thousands):

 

 

		30-89 Days Past Due				Greater than 90 Days				Current				Total
Commercial:
Commercial Real Estate—Owner Occupied		$	206			$	50			$	1,036			$	1,292
Commercial Real Estate—Non-Owner Occupied			—				1,133				—				1,133
Raw Land and Lots			—				—				5,623				5,623
Single Family Investment Real Estate			—				—				388				388
Commercial and Industrial			—				302				90				392
Consumer:
Indirect Auto			6				11				23				40
HELOCs			19				32				814				865
Other Consumer			—				77				87				164
Total		$	231			$	1,605			$	8,061			$	9,897

The current column includes loans that are less than 30 days past due.

The following table shows purchased impaired commercial and consumer loan portfolios, by class, and their delinquency status through December 31, 2010 (dollars in thousands):

 

		30-89 Days Past Due				Greater than 90 Days				Current				Total
Commercial:
Commercial Construction		$	—			$	1,170			$	—			$	1,170
Commercial Real Estate—Owner Occupied			—				791				1,008				1,799
Commercial Real Estate—Non-Owner Occupied			—				1,201				—				1,201
Raw Land and Lots			—				7,080				—				7,080
Single Family Investment Real Estate			—				344				371				715
Commercial and Industrial			—				835				—				835
Consumer:
Indirect Auto			8				10				64				82
HELOCs			20				844				116				980
Other Consumer			81				55				1				137
Total		$	109			$	12,330			$	1,560			$	13,999

The current column includes loans that are less than 30 days past due.

The Company measures the amount of impairment by evaluating loans either in their collective homogeneous pools or individually. At December 31, 2011, the Company had $255.1 million in loans considered to be impaired of which $12.3 million were collectively evaluated for impairment and $242.8 million were individually evaluated for impairment. The following table shows the Company's impaired loans individually evaluated for impairment, by class, at December 31, 2011 (dollars in thousands):

 

 

		Recorded Investment				Unpaid Principal Balance				Related Allowance				YTD Average Investment				Interest Income Recognized
Loans without a specific allowance
Commercial:
Commercial Construction		$	40,475			$	40,524			$	—			$	37,835			$	1,690
Commercial Real Estate—Owner Occupied			20,487				21,010				—				23,364				1,183
Commercial Real Estate—Non-Owner Occupied			37,799				37,855				—				38,084				2,002
Raw Land and Lots			46,791				46,890				—				47,808				1,306
Single Family Investment Real Estate			11,285				11,349				—				11,684				637
Commercial and Industrial			9,467				9,959				—				10,216				423
Other Commercial			1,257				1,257				—				1,269				75
Consumer:
Mortgage			1,202				1,202				—				1,225				70
HELOCs			349				349				—				350				11
Other Consumer			—				—				—				1				—
Total impaired loans without a specific allowance		$	169,112			$	170,395			$	—			$	171,836			$	7,397
Loans with a specific allowance
Commercial:
Commercial Construction		$	12,927			$	13,297			$	583			$	13,811			$	343
Commercial Real Estate—Owner Occupied			8,679				8,788				1,961				8,681				267
Commercial Real Estate—Non-Owner Occupied			8,858				8,879				1,069				9,010				322
Raw Land and Lots			22,188				22,429				991				24,553				973
Single Family Investment Real Estate			9,020				9,312				1,140				9,571				321
Commercial and Industrial			8,980				9,133				3,320				10,448				369
Other Commercial			150				150				3				153				10
Consumer:
Mortgage			535				535				11				536				32
Consumer Construction			207				226				86				228				—
Indirect Auto			71				71				—				93				5
Indirect Marine			544				547				263				548				9
HELOCs			785				825				587				1,034				—
Other Consumer			777				804				284				815				5
Total impaired loans with a specific allowance		$	73,721			$	74,996			$	10,298			$	79,481			$	2,656
Total loans individually evaluated for impairment		$	242,833			$	245,391			$	10,298			$	251,317			$	10,053

At December 31, 2010, the Company had $284.6 million in loans considered to be impaired of which $9.7 million were collectively evaluated for impairment and $274.9 million were individually evaluated for impairment. The following table shows the Company's impaired loans individually evaluated for impairment, by class, at December 31, 2010 (dollars in thousands):

 

		Recorded Investment				Unpaid Principal Balance				Related Allowance				YTD Average Investment				Interest Income Recognized
Loans without a specific allowance
Commercial:
Commercial Construction		$	39,509			$	39,596			$	—			$	42,954			$	1,757
Commercial Real Estate—Owner Occupied			28,895				28,994				—				28,019				1,637
Commercial Real Estate—Non-Owner Occupied			38,297				38,682				—				38,764				1,793
Raw Land and Lots			64,167				64,265				—				83,839				2,495
Single Family Investment Real Estate			14,449				14,578				—				15,268				533
Commercial and Industrial			14,810				14,864				—				15,154				718
Other Commercial			1,840				1,885				—				1,905				104
Consumer:
Mortgage			2,326				2,340				—				2,396				105
Indirect Auto			133				134				—				160				9
Indirect Marine			124				124				—				124				5
HELOCs			779				780				—				780				26
Other Consumer			177				187				—				187				—
Total loans without a specific allowance		$	205,506			$	206,429			$	—			$	229,550			$	9,182
Loans with a specific allowance
Commercial:
Commercial Construction		$	17,909			$	17,948			$	1,762			$	17,696			$	920
Commercial Real Estate—Owner Occupied			3,807				3,844				546				3,196				203
Commercial Real Estate—Non-Owner Occupied			4,890				4,898				694				4,992				320
Raw Land and Lots			18,898				19,044				4,234				18,554				687
Single Family Investment Real Estate			7,954				7,975				787				8,077				307
Commercial and Industrial			11,944				12,092				2,533				11,784				458
Other Commercial			2,606				2,606				—				2,606				—
Consumer:
Consumer Construction			218				228				95				228				—
HELOCs			1,200				1,200				606				1,200				26
Other Consumer		$	69,426			$	69,835			$	11,257			$	68,333			$	2,921
Total loans individually evaluated for impairment		$	274,932			$	276,264			$	11,257			$	297,883			$	12,103

At December 31, 2011 and 2010, the recorded investment in loans that were individually evaluated for impairment and have been identified as impaired loans, totaled $242.8 million and $274.9 million, respectively. Impaired loans of $73.7 million and $69.4 million at December 31, 2011 and 2010, contained a valuation allowance of $10.3 million and $11.3 million, respectively. The remaining impaired loans of $169.1 million and $205.5 million at December 31, 2011 and 2010 did not require a valuation allowance. For the years ended December 31, 2011, 2010 and 2009, the average investment in impaired loans was $251.3 million, $297.9 million, and $109.7 million, respectively. The interest income recorded on impaired loans was approximately $10.1 million, $12.1 million and $3.4 million in 2011, 2010 and 2009, respectively.

The Company considers troubled debt restructurings to be impaired loans. A modification of a loan's terms constitutes a TDR if the creditor grants a concession to the borrower for economic or legal reasons related to the borrower's financial difficulties that it would not otherwise consider. Included in the impaired loan disclosure above are $112.6 million of loans considered to be troubled debt restructurings as of December 31, 2011. All loans that are considered to be TDRs are specifically evaluated for impairment in accordance with the Company's allowance for loan loss methodology. For the year ended December 31, 2011 the recorded investment in restructured loans prior to modification was not materially impacted by the modification.

 

The following table provides a summary, by class and modification type, 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 in nonaccrual status, which are considered to be nonperforming, as of December 31, 2011 (dollars in thousands):

 

		Modified to Interest Only												Term Modification at Market Rate												Term Modification below Market Rate												Total
		No. of Loans				Recorded Investment				Outstanding Commitment				No. of Loans				Recorded Investment				Outstanding Commitment				No. of Loans				Recorded Investment				Outstanding Commitment				No. of Loans				Recorded Investment				Outstanding Commitment
Performing
Commercial:
Commercial Construction			—			$	—			$	—				14			$	21,461			$	3,185				—			$	—			$	—				14			$	21,461			$	3,185
Commercial Real Estate—Owner Occupied			2				398				—				7				7,052				180				2				546				—				11				7,996				180
Commercial Real Estate—Non-Owner Occupied			1				301				—				15				21,476				13				—				—				—				16				21,777				13
Raw Land and Lots			—				—				—				11				25,425				1				4				7,025				—				15				32,450				1
Single Family Investment Real Estate			—				—				—				10				6,750				—				2				1,775				—				12				8,525				—
Commercial and Industrial			—				—				—				10				4,629				204				2				362				—				12				4,991				204
Other Commercial			—				—				—				4				864				—				—				—				—				4				864				—
Consumer:
Mortgage			—				—				—				—				—				—				1				507				—				1				507				—
Other Consumer			—				—				—				2				263				—				—				—				—				2				263				—
Total performing			3			$	699			$	—				73			$	87,920			$	3,583				11			$	10,215			$	—				87			$	98,834			$	3,583
NonPerforming
Commercial:
Commercial Construction			—			$	—			$	—				1			$	762			$	—				4			$	4,591			$	—				5			$	5,353			$	—
Commercial Real Estate—Non-Owner Occupied			1				218				—				1				74				—				—				—				—				2				292				—
Raw Land and Lots			1				341				—				2				358				—				3				3,643				—				6				4,342				—
Single Family Investment Real Estate			1				93				—				1				529				—				2				720				—				4				1,342				—
Commercial and Industrial			—				—				—				3				1,134				—				—				—				—				3				1,134				—
Consumer:
Mortgage			1				538				—				4				538				—				—				—				—				5				1,076				—
Other Consumer			—				—				—				1				265				—				—				—				—				1				265				—
Total nonperforming			4			$	1,190			$	—				13			$	3,660			$	—				9			$	8,954			$	—				26			$	13,804			$	—

 

The Company considers a default of a restructured loan to occur when subsequent to the restructure, the borrower is 90 days past due or results in foreclosure and repossession of the applicable collateral. The following table shows, by class and modification type, TDRs that occurred during the twelve month period ended December 31, 2011 as well as their post-restructuring default status (dollars in thousands):

 

		Twelve months ended December 31, 2011
		All Restructurings								Restructurings with payment default
		No. of Loans				Recorded investment at period end				No. of Loans				Recorded investment at period end
Interest only at market rate of interest
Commercial:
Commercial Construction
Commercial Real Estate—Owner Occupied			2			$	398				—			$	—
Commercial Real Estate—Non-Owner Occupied			1				218				—				—
Raw Land and Lots			1				341				1				341
Single Family Investment Real Estate			1				93				—				—
Total interest only at market rate of interest			5			$	1,050				1			$	341
Loan term extended at a market rate
Commercial:
Commercial Construction			15			$	22,223				—			$	—
Commercial Real Estate—Owner Occupied			5				4,908				—				—
Commercial Real Estate—Non-Owner Occupied			16				21,551				—				—
Raw Land and Lots			13				25,784				—				—
Single Family Investment Real Estate			11				7,279				—				—
Commercial and Industrial			13				5,763				2				422
Other Commercial			4				864				—				—
Consumer:
Mortgage			4				538				—				—
Other Consumer			3				527				—				—
Total loan term extended at a market rate			84			$	89,437				2			$	422
Loan term extended at a below market rate
Commercial:
Commercial Construction			4			$	4,591				—			$	—
Commercial Real Estate—Owner Occupied			2				546				—				—
Raw Land and Lots			5				4,786				—				—
Single Family Investment Real Estate			4				2,495				1				1,390
Commercial and Industrial			2				362				—				—
Consumer:
Mortgage			1				507				—				—
Total loan term extended at a below market rate			18			$	13,287				1			$	1,390
Total			107			$	103,774				4			$	2,153

 

The following table shows the allowance for loan loss activity, portfolio segment types, balances for allowance for loan losses, and loans based on impairment methodology for the year ended December 31, 2011. 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):

 

		Commercial				Consumer				Unallocated				Total
Allowance for loan losses:
Balance, beginning of the year		$	28,255			$	10,189			$	(38	)		$	38,406
Recoveries credited to allowance			924				1,206				—				2,130
Loans charged off			(10,891	)			(6,975	)			—				(17,866	)
Provision charged to operations			9,603				7,078				119				16,800
Balance, end of year		$	27,891			$	11,498			$	81			$	39,470
Ending balance: individually evaluated for impairment			8,982				1,231				—				10,213
Ending balance: collectively evaluated for impairment			18,824				10,267				81				29,172
Ending balance: loans acquired with deteriorated credit quality			85				—				—				85
Total		$	27,891			$	11,498			$	81			$	39,470
Loans:
Ending balance		$	1,956,241			$	862,342			$	—			$	2,818,583
Ending balance: individually evaluated for impairment			229,535				3,401				—				232,936
Ending balance: collectively evaluated for impairment			1,717,878				857,872				—				2,575,750
Ending balance: loans acquired with deteriorated credit quality			8,828				1,069				—				9,897
Total		$	1,956,241			$	862,342			$	—			$	2,818,583

 

The following table shows the allowance for loan loss activity, portfolio segment types, balances for allowance for credit losses, and loans based on impairment methodology for the year ended December 31, 2010. 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):

 

		Commercial				Consumer				Unallocated				Total
Allowance for loan losses:
Balance, beginning of the year														$	30,484
Recoveries credited to allowance															2,103
Loans charged off															(18,549	)
Provision charged to operations															24,368
Balance, end of year		$	28,255			$	10,189			$	(38	)		$	38,406
Ending balance: individually evaluated for impairment			10,065				701				—				10,766
Ending balance: collectively evaluated for impairment			17,699				9,488				(38	)			27,149
Ending balance: loans acquired with deteriorated credit quality			491				—				—				491
Total		$	28,255			$	10,189			$	(38	)		$	38,406
Loans:
Ending balance		$	1,939,625			$	897,628			$	—			$	2,837,253
Ending balance: individually evaluated for impairment			257,175				3,758				—				260,933
Ending balance: collectively evaluated for impairment			1,669,650				892,671				—				2,562,321
Ending balance: loans acquired with deteriorated credit quality			12,800				1,199				—				13,999
Total		$	1,939,625			$	897,628			$	—			$	2,837,253

Activity in the allowance for loan losses for the year ended December 31, 2009 is summarized below (dollars in thousands):

 

		2009
Balance, beginning of year		$	25,496
Recoveries credited to allowance			1,150
Loans charged off			(14,408	)
Provision charged to operations			18,246
Balance, end of year		$	30,484

The Company uses the past due status and trends as the primary credit quality indicator of the consumer loan portfolio segment while a risk rating system is utilized for commercial loans. Commercial loans are graded on a scale of 1 through 9. A general description of the characteristics of the risk grades is as follows:

 

•

Risk rated 1 loans have little or no risk and are generally secured by cash or cash equivalents;

 

•

Risk rated 2 loans have minimal risk to well qualified borrowers and no significant questions as to safety;

 

•

Risk rated 3 loans are satisfactory loans with strong borrowers and secondary sources of repayment;

 

•

Risk rated 4 loans are satisfactory loans with borrowers not as strong as risk rated 3 loans and may exhibit a greater degree of financial risk based on the type of business supporting the loan;

 

•

Risk rated 5 loans are watch loans that warrant more than the normal level of supervision and have the possibility of an event occurring that may weaken the borrower's ability to repay;

 

•

Risk rated 6 loans have increasing potential weaknesses beyond those at which the loan originally was granted and if not addressed could lead to inadequately protecting the Company's credit position;

 

•

Risk rated 7 loans are substandard loans and are inadequately protected by the current sound worth or paying capacity of the obligor or the collateral pledged; these loans have well defined weaknesses that jeopardize the liquidation of the debt with the distinct possibility the Company will sustain some loss if the deficiencies are not corrected;

 

•

Risk rated 8 loans are doubtful of collection and the possibility of loss is high but pending specific borrower plans for recovery, its classification as a loss is deferred until its more exact status is determined; and

 

•

Risk rated 9 loans are loss loans which are considered uncollectable and of such little value that their continuance as bankable assets is not warranted.

The following table shows all loans, excluding purchased impaired loans, in the commercial portfolios by class with their related risk rating as of December 31, 2011. The risk rating information has been updated through December 31, 2011 (dollars in thousands):

 

		1-3				4				5				6				7				8				Total
Commercial Construction		$	10,099			$	84,299			$	6,079			$	36,650			$	48,232			$	—			$	185,359
Commercial Real Estate—Owner Occupied			88,430				296,825				17,604				21,158				26,389				709				451,115
Commercial Real Estate—Non-Owner Occupied			149,346				367,244				58,844				38,662				39,854				—				653,950
Raw Land and Lots			4,368				99,374				18,767				33,673				52,204				275				208,661
Single Family Investment Real Estate			32,741				116,570				11,928				14,358				16,452				—				192,049
Commercial and Industrial			35,120				123,872				22,079				11,559				19,066				180				211,876
Other Commercial			6,364				15,918				16,739				3,807				1,512				63				44,403
Total		$	326,468			$	1,104,102			$	152,040			$	159,867			$	203,709			$	1,227			$	1,947,413

The following table shows all loans, excluding purchased impaired loans, in the commercial portfolios by class with their related risk rating as of December 31, 2010. The risk rating information has been updated through December 31, 2010 (dollars in thousands):

 

		1-3				4				5				6				7				8				Total
Commercial Construction		$	1,879			$	98,526			$	19,626			$	28,879			$	55,633			$	—			$	204,543
Commercial Real Estate—Owner Occupied			82,992				262,712				39,811				26,829				30,954				—				443,298
Commercial Real Estate—Non-Owner Occupied			138,515				306,182				43,715				40,889				44,090				98				573,489
Raw Land and Lots			1,213				88,159				26,255				38,516				82,439				—				236,582
Single Family Investment Real Estate			28,619				110,314				11,714				10,121				22,384				—				183,152
Commercial and Industrial			42,596				127,731				20,429				13,347				26,089				279				230,471
Other Commercial			15,876				16,497				2,842				18,235				1,840				—				55,290
Total		$	311,690			$	1,010,121			$	164,392			$	176,816			$	263,429			$	377			$	1,926,825

The following table shows only purchased impaired loans in the commercial portfolios by class with their related risk rating as of December 31, 2011. The credit quality indicator information has been updated through December 31, 2011 (dollars in thousands):

 

		6				7				8				Total
Commercial Real Estate—Owner Occupied		$	—			$	1,292			$	—			$	1,292
Commercial Real Estate—Non-Owner Occupied			—				1,133				—				1,133
Raw Land and Lots			—				5,623				—				5,623
Single Family Investment Real Estate			369				19				—				388
Commercial and Industrial			—				91				301				392
Total		$	369			$	8,158			$	301			$	8,828

The following table shows only purchased impaired loans in the commercial portfolios by class with their related risk rating as of December 31, 2010. The credit quality indicator information has been updated through December 31, 2010 (dollars in thousands):

 

		7				8				Total
Commercial Construction		$	944			$	226			$	1,170
Commercial Real Estate—Owner Occupied			1,384				415				1,799
Commercial Real Estate—Non-Owner Occupied			1,081				120				1,201
Raw Land and Lots			5,393				1,687				7,080
Single Family Investment Real Estate			393				322				715
Commercial and Industrial			288				547				835
Total		$	9,483			$	3,317			$	12,800

Loans acquired are originally recorded at fair value, with certain loans being identified as impaired at the date of purchase. The fair values were determined based on the credit quality of the portfolio, expected future cash flows, and timing of those expected future cash flows. The contractually required payments, cash flows expected to be collected, and fair value as of the date of acquisition were $1,080,780, $1,072,726, and $1,052,358 respectively (dollars in thousands).

The following shows changes in the Company's acquired loan portfolio and accretable yield for the years ended December 31, 2011 and 2010:

 

		December 31, 2011																December 31, 2010
		Purchased Impaired								Purchased Nonimpaired								Purchased Impaired								Purchased Nonimpaired
		Accretable Yield				Carrying Amount of Loans				Accretable Yield				Carrying Amount of Loans				Accretable Yield				Carrying Amount of Loans				Accretable Yield				Carrying Amount of Loans
Balance at beginning of period		$	8,169			$	13,999			$	13,589			$	799,898			$	—			$	—			$	—			$	—
Additions			122				276				1,593				70,524				10,107				18,398				19,891				959,868
Accretion			(66	)			—				(6,172	)			—				(421	)			—				(6,302	)			—
Charged off			(3,073	)			(1,329	)			—				(5,988	)			(958	)			(678	)			—				(3,566	)
Transfers to OREO			(12	)			(174	)			—				(2,341	)			(559	)			(2,842	)			—				(6,613	)
Payments received, net			—				(2,875	)			—				(198,583	)			—				(879	)			—				(149,791	)
Balance at end of period		$	5,140			$	9,897			$	9,010			$	663,510			$	8,169			$	13,999			$	13,589			$	799,898