Quarterly report pursuant to Section 13 or 15(d)

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

v3.20.2
LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)
6 Months Ended
Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Loans Stated at Face Amount, Net of Unearned Income

The Company’s loans are stated at their face amount, net of deferred fees and costs, and consist of the following at June 30, 2020 and December 31, 2019 (dollars in thousands):

June 30, 2020

    

December 31, 2019

Construction and Land Development

$

1,247,939

$

1,250,924

Commercial Real Estate - Owner Occupied

 

2,067,087

 

2,041,243

Commercial Real Estate - Non-Owner Occupied

 

3,455,125

 

3,286,098

Multifamily Real Estate

 

717,719

 

633,743

Commercial & Industrial(1)

 

3,555,971

 

2,114,033

Residential 1-4 Family - Commercial

 

715,384

 

724,337

Residential 1-4 Family - Consumer

 

841,051

 

890,503

Residential 1-4 Family - Revolving

 

627,765

 

659,504

Auto

 

380,053

 

350,419

Consumer

 

311,362

 

372,853

Other Commercial(1)

 

389,190

 

287,279

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

14,308,646

12,610,936

Allowance for loan and lease losses

(169,977)

(42,294)

Total loans held for investment, net

$

14,138,669

$

12,568,642

(1)Commercial & industrial and other commercial loans include approximately $1.6 billion and $20.3 million, respectively, in new loans from the PPP loan program at June 30, 2020.

Summary of Aging of the Loan Portfolio by Class

The following table shows the aging of the Company’s loan portfolio, by class, at June 30, 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

$

1,241,512

$

1,683

$

294

$

473

$

3,977

$

1,247,939

Commercial Real Estate - Owner Occupied

 

2,048,203

 

1,679

 

430

 

7,851

 

8,924

 

2,067,087

Commercial Real Estate - Non-Owner Occupied

 

3,451,071

 

930

 

369

 

878

 

1,877

 

3,455,125

Multifamily Real Estate

 

717,320

 

 

 

366

 

33

 

717,719

Commercial & Industrial

 

3,551,187

 

1,602

 

296

 

178

 

2,708

 

3,555,971

Residential 1-4 Family - Commercial

 

706,437

 

480

 

2,105

 

578

 

5,784

 

715,384

Residential 1-4 Family - Consumer

 

818,877

 

1,229

 

3,817

 

5,099

 

12,029

 

841,051

Residential 1-4 Family - Revolving

 

619,172

 

1,924

 

1,048

 

1,995

 

3,626

 

627,765

Auto

 

377,822

 

1,176

 

290

 

181

 

584

 

380,053

Consumer

 

308,719

 

844

 

561

 

1,157

 

81

 

311,362

Other Commercial

388,234

456

499

1

389,190

Total loans held for investment

$

14,228,554

$

12,003

$

9,210

$

19,255

$

39,624

$

14,308,646

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 June 30, 2020 (dollars in thousands):

Nonaccrual

January 1, 2020

June 30, 2020

Nonaccrual With No ALLL

90 Days and still Accruing

Construction and Land Development

$

4,060

$

3,977

$

1,987

$

473

Commercial Real Estate - Owner Occupied

13,889

8,924

1,990

7,851

Commercial Real Estate - Non-Owner Occupied

1,368

1,877

878

Multifamily Real Estate

33

366

Commercial & Industrial

3,037

2,708

178

Residential 1-4 Family - Commercial

6,492

5,784

1,738

578

Residential 1-4 Family - Consumer

13,117

12,029

1,069

5,099

Residential 1-4 Family - Revolving

2,490

3,626

60

1,995

Auto

565

584

181

Consumer

88

81

1,157

Other Commercial

98

1

499

Total loans held for investment

$

45,204

$

39,624

$

6,844

$

19,255

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 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 loans, excluding PCI loans, by class for the three and six months ended June 30, 2019 (dollars in thousands):

Three Months Ended

Six Months Ended

June 30, 2019

June 30, 2019

    

    

Interest

    

    

Interest

Average

Income

Average

Income

Investment

Recognized

Investment

Recognized

Construction and Land Development

$

7,811

$

13

$

8,167

$

54

Commercial Real Estate - Owner Occupied

 

12,002

 

91

 

12,030

 

200

Commercial Real Estate - Non-Owner Occupied

 

6,931

 

60

 

6,944

 

119

Commercial & Industrial

 

3,038

 

27

 

3,081

 

59

Residential 1-4 Family - Commercial

 

6,125

 

29

 

5,848

 

56

Residential 1-4 Family - Consumer

 

19,830

 

50

 

19,939

 

187

Residential 1-4 Family - Revolving

 

3,489

 

38

 

3,506

 

78

Auto

 

493

 

 

520

 

1

Consumer

 

191

 

2

 

195

 

3

Other Commercial

579

7

583

15

Total impaired loans

$

60,489

$

317

$

60,813

$

772

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 June 30, 2020 (dollars in thousands):

June 30, 2020

    

No. of

    

Recorded

    

Outstanding

Loans

Investment

Commitment

Performing

 

  

 

  

 

  

Construction and Land Development

 

4

$

222

$

Commercial Real Estate - Owner Occupied

 

6

 

2,218

 

26

Commercial Real Estate - Non-Owner Occupied

 

1

 

1,089

 

Commercial & Industrial

 

5

 

1,129

 

Residential 1-4 Family - Commercial

 

4

 

214

 

Residential 1-4 Family - Consumer

 

79

 

9,886

 

Residential 1-4 Family - Revolving

 

2

 

55

 

Consumer

 

5

 

34

 

Other Commercial

1

456

Total performing

 

107

$

15,303

$

26

Nonperforming

 

  

 

  

 

  

Commercial Real Estate - Owner Occupied

 

2

$

165

$

Commercial & Industrial

 

2

 

128

 

Residential 1-4 Family - Commercial

 

1

 

71

 

Residential 1-4 Family - Consumer

 

21

 

4,572

 

Residential 1-4 Family - Revolving

 

3

 

106

 

Total nonperforming

 

29

$

5,042

$

Total performing and nonperforming

 

136

$

20,345

$

26

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, 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 three and six months ended June 30, 2020 (dollars in thousands):

All Restructurings

Three Months Ended June 30, 2020

Six Months Ended June 30, 2020

    

    

Recorded

    

    

Recorded

No. of

Investment at

No. of

Investment at

Loans

Period End

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

 

4

$

353

 

4

$

353

Residential 1-4 Family - Consumer

 

3

 

326

 

3

 

326

Consumer

1

10

1

10

Total loan term extended at a market rate

 

8

$

689

 

8

$

689

Term modification, below market rate

 

  

 

  

 

  

 

  

Construction and Land Development

$

1

$

35

Residential 1-4 Family - Consumer

 

3

172

 

13

1,937

Residential 1-4 Family - Revolving

 

1

 

52

 

1

 

52

Total loan term extended at a below market rate

 

4

$

224

 

15

$

2,024

Interest rate modification, below market rate

 

  

 

  

 

  

 

  

Total interest only at below market rate of interest

 

$

 

$

Total

 

12

$

913

 

23

$

2,713

The following table shows, by class and modification type, TDRs that occurred during the three and six months ended June 30, 2019 (dollars in thousands):

All Restructurings

Three Months Ended June 30, 2019

Six Months Ended June 30, 2019

    

    

Recorded

    

    

Recorded

No. of

Investment at

No. of

Investment at

Loans

Period End

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

 

  

 

  

 

  

 

  

Residential 1-4 Family - Commercial

 

$

 

1

$

74

Residential 1-4 Family - Consumer

 

1

 

43

 

3

 

299

Consumer

 

 

 

1

 

9

Total loan term extended at a market rate

 

1

$

43

 

5

$

382

Term modification, below market rate

 

  

 

  

 

  

 

  

Residential 1-4 Family - Consumer

 

9

$

483

 

14

$

1,410

Consumer

1

6

Total loan term extended at a below market rate

 

9

$

483

 

15

$

1,416

Total

 

10

$

526

 

20

$

1,798

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 three and six months ended June 30, 2020 (dollars in thousands):

 

 

    

    

 

Three Months Ended June 30, 2020

Six Months Ended June 30, 2020

Commercial

Consumer

Total

Commercial

Consumer

Total

Balance at beginning of period

$

77,843

$

63,200

$

141,043

$

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

 

(1,590)

 

(3,087)

 

(4,677)

 

(4,558)

 

(7,270)

 

(11,828)

Recoveries credited to allowance

 

708

 

703

 

1,411

 

1,862

 

1,709

 

3,571

Provision charged to operations

 

34,993

 

(2,793)

 

32,200

 

77,525

 

10,931

 

88,456

Balance at end of period

$

111,954

$

58,023

$

169,977

$

111,954

$

58,023

$

169,977

The following table shows the ALLL activity by class for the six months ended June 30, 2019. 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):

Six Months Ended June 30, 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

$

97

$

(800)

$

(101)

$

5,999

Commercial Real Estate - Owner Occupied

 

4,023

 

54

 

(231)

 

235

 

4,081

Commercial Real Estate - Non-Owner Occupied

 

8,865

 

92

 

 

654

 

9,611

Multifamily Real Estate

 

649

 

85

 

 

(70)

 

664

Commercial & Industrial

 

7,636

 

681

 

(1,858)

 

1,237

 

7,696

Residential 1-4 Family - Commercial

 

1,692

 

127

 

(267)

 

66

 

1,618

Residential 1-4 Family - Consumer

 

1,492

 

219

 

(37)

 

218

 

1,892

Residential 1-4 Family - Revolving

 

1,297

 

434

 

(523)

 

47

 

1,255

Auto

 

1,443

 

339

 

(703)

 

334

 

1,413

Consumer and all other(1)

 

7,145

 

1,238

 

(7,454)

 

7,305

 

8,234

Total

$

41,045

$

3,366

$

(11,873)

$

9,925

$

42,463

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

The following tables show the loan and ALLL balances based on impairment methodology by class 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 segment 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, as of June 30, 2019 (dollars in thousands):

For the Six Months Ended June 30, 

    

2019

Balance at beginning of period

$

31,201

Additions

 

2,432

Accretion

 

(6,510)

Reclass of nonaccretable difference due to improvement in expected cash flows

 

716

Measurement period adjustment

 

2,629

Other, net (1)

 

2,182

Balance at end of period

$

32,650

(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 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 segment 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 June 30, 2020 (dollars in thousands):

June 30, 2020

Term Loans Amortized Cost Basis by Origination Year

2020

2019

2018

2017

2016

Prior

Revolving Loans

Total

Construction and Land Development

Pass

$

137,981

$

453,779

$

395,935

$

64,529

$

47,982

$

70,524

$

29,060

$

1,199,790

Watch & Special Mention

4,492

6,859

1,061

350

5,759

16,202

2,509

37,232

Substandard

1

59

962

2,468

7,427

10,917

Total Construction and Land Development

$

142,473

$

460,639

$

397,055

$

65,841

$

56,209

$

94,153

$

31,569

$

1,247,939

Commercial Real Estate - Owner Occupied

Pass

$

144,263

$

384,862

$

290,813

$

258,877

$

147,657

$

658,853

$

23,773

$

1,909,098

Watch & Special Mention

10,694

24,683

15,082

28,604

57,783

2,475

139,321

Substandard

1,106

400

1,123

15,664

375

18,668

Total Commercial Real Estate - Owner Occupied

$

144,263

$

395,556

$

316,602

$

274,359

$

177,384

$

732,300

$

26,623

$

2,067,087

Commercial Real Estate - Non-Owner Occupied

Pass

$

214,340

$

515,046

$

488,913

$

498,462

$

455,214

$

1,121,284

$

50,855

$

3,344,114

Watch & Special Mention

1,265

17,170

14,631

16,585

20,830

33,911

249

104,641

Substandard

164

25

5,981

200

6,370

Total Commercial Real Estate - Non-Owner Occupied

$

215,605

$

532,216

$

503,708

$

515,047

$

476,069

$

1,161,176

$

51,304

$

3,455,125

Commercial & Industrial

Pass

$

1,868,291

$

439,598

$

241,038

$

85,126

$

82,301

$

169,136

$

601,547

$

3,487,037

Watch & Special Mention

1,630

4,963

11,326

2,963

5,536

5,656

27,680

59,754

Substandard

484

828

158

826

2,806

4,078

9,180

Total Commercial & Industrial

$

1,869,921

$

445,045

$

253,192

$

88,247

$

88,663

$

177,598

$

633,305

$

3,555,971

Multifamily Real Estate

Pass

$

79,312

$

80,058

$

70,145

$

144,193

$

70,943

$

245,687

$

6,904

$

697,242

Watch & Special Mention

653

4,415

8,254

1,137

5,619

20,078

Substandard

399

399

Total Multifamily Real Estate

$

79,312

$

80,711

$

74,560

$

152,447

$

72,080

$

251,705

$

6,904

$

717,719

Residential 1-4 Family - Commercial

Pass

$

58,222

$

105,249

$

78,610

$

97,653

$

82,407

$

244,579

$

1,721

$

668,441

Watch & Special Mention

1,214

5,356

8,535

5,022

2,053

14,874

37,054

Substandard

485

324

630

1,180

6,782

488

9,889

Total Residential 1-4 Family - Commercial

$

59,436

$

111,090

$

87,469

$

103,305

$

85,640

$

266,235

$

2,209

$

715,384

Other Commercial

Pass

$

121,097

$

114,883

$

10,376

$

40,118

$

16,919

$

60,477

$

18,630

$

382,500

Watch & Special Mention

629

1,324

927

3,251

6,131

Substandard

59

500

559

Total Other Commercial

$

121,097

$

114,883

$

11,005

$

41,501

$

17,846

$

64,228

$

18,630

$

389,190

Total Commercial

Pass

$

2,623,506

$

2,093,475

$

1,575,830

$

1,188,958

$

903,423

$

2,570,540

$

732,490

$

11,688,222

Watch & Special Mention

8,601

45,695

65,280

49,580

64,846

137,296

32,913

404,211

Substandard

970

2,481

2,209

5,622

39,559

5,141

55,982

Total Commercial

$

2,632,107

$

2,140,140

$

1,643,591

$

1,240,747

$

973,891

$

2,747,395

$

770,544

$

12,148,415

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

For Consumer loans, the Company evaluates credit quality based on the delinquency status of the loan. The following table details the amortized cost of the classes of loans within the Consumer segment based on their delinquency status and year of origination as of June 30, 2020 (dollars in thousands):

June 30, 2020

Term Loans Amortized Cost Basis by Origination Year

2020

2019

2018

2017

2016

Prior

Revolving Loans

Total

Residential 1-4 Family - Consumer

Current

$

91,069

$

86,537

$

90,968

$

87,658

$

120,412

$

342,221

$

12

$

818,877

30-59 Days Past Due

37

20

90

185

897

1,229

60-89 Days Past Due

636

109

1,986

250

836

3,817

90+ Days Past Due

162

1,756

151

446

223

2,361

5,099

Nonaccrual

718

879

790

9,642

12,029

Total Residential 1-4 Family - Consumer

$

91,268

$

88,929

$

91,966

$

91,059

$

121,860

$

355,957

$

12

$

841,051

Residential 1-4 Family - Revolving

Current

$

9,667

$

4,666

$

2,167

$

18

$

$

653

$

602,001

$

619,172

30-59 Days Past Due

1,924

1,924

60-89 Days Past Due

1,048

1,048

90+ Days Past Due

1,995

1,995

Nonaccrual

314

3,312

3,626

Total Residential 1-4 Family - Revolving

$

9,667

$

4,666

$

2,167

$

18

$

$

967

$

610,280

$

627,765

Consumer

Current

$

24,807

$

91,712

$

94,273

$

30,170

$

13,211

$

18,930

$

35,616

$

308,719

30-59 Days Past Due

14

261

407

74

61

2

25

844

60-89 Days Past Due

19

198

296

30

6

12

561

90+ Days Past Due

92

382

85

19

215

364

1,157

Nonaccrual

2

79

81

Total Consumer

$

24,840

$

92,263

$

95,358

$

30,359

$

13,299

$

19,226

$

36,017

$

311,362

Auto

Current

$

89,044

$

138,532

$

70,484

$

43,386

$

24,536

$

11,840

$

$

377,822

30-59 Days Past Due

88

291

247

254

186

110

1,176

60-89 Days Past Due

90

21

41

84

54

290

90+ Days Past Due

11

62

58

9

41

181

Nonaccrual

142

84

112

161

85

584

Total Auto

$

89,132

$

139,066

$

70,898

$

43,851

$

24,976

$

12,130

$

$

380,053

Total Consumer

Current

$

214,587

$

321,447

$

257,892

$

161,232

$

158,159

$

373,644

$

637,629

$

2,124,590

30-59 Days Past Due

139

552

674

418

432

1,009

1,949

5,173

60-89 Days Past Due

19

924

426

2,057

340

890

1,060

5,716

90+ Days Past Due

162

1,859

595

589

251

2,617

2,359

8,432

Nonaccrual

142

802

991

953

10,120

3,312

16,320

Total Consumer

$

214,907

$

324,924

$

260,389

$

165,287

$

160,135

$

388,280

$

646,309

$

2,160,231