The following is a summary of total loans:


	March 31,		December 31,
(Dollars in thousands)	2024		2023
Loans:
Construction and land development ⁽¹⁾	$	2,437,343	$	2,923,514
Commercial non-owner occupied		9,112,474		8,571,634
Commercial owner occupied real estate		5,511,855		5,497,671
Consumer owner occupied ⁽²⁾		6,814,472		6,595,005
Home equity loans		1,408,594		1,398,445
Commercial and industrial		5,544,131		5,504,539
Other income producing property		640,055		656,334
Consumer		1,196,895		1,233,650
Other loans		1,491		7,697
Total loans		32,667,310		32,388,489
Less allowance for credit losses		(469,654)		(456,573)
Loans, net	$	32,197,656	$	31,931,916

(1)

Construction and land development includes loans for both commercial construction and development, as well as loans for 1-4 family residential construction and lot loans.

(2)

Consumer owner occupied real estate includes loans on both 1-4 family owner occupied property, as well as loans collateralized by 1-4 family owner occupied properties with a business intent.

Aging analysis of past due loans (includes nonaccrual loans), segregated by class of loans

The following table presents an aging analysis of past due accruing loans, segregated by class.


	30 - 59 Days		60 - 89 Days		90+ Days		Total				Non-		Total
(Dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		Accruing		Loans
March 31, 2024
Construction and land development	$	45	$	63	$	—	$	108	$	2,435,673	$	1,562	$	2,437,343
Commercial non-owner occupied		4,175		7,895		70		12,140		9,092,461		7,873		9,112,474
Commercial owner occupied		9,183		1,252		80		10,515		5,446,445		54,895		5,511,855
Consumer owner occupied		6,682		80		—		6,762		6,782,182		25,528		6,814,472
Home equity loans		2,106		1,226		—		3,332		1,398,638		6,624		1,408,594
Commercial and industrial		22,510		7,243		2,482		32,235		5,447,024		64,872		5,544,131
Other income producing property		313		52		—		365		636,958		2,732		640,055
Consumer		9,253		4,776		—		14,029		1,177,312		5,554		1,196,895
Other loans		—		—		—		—		1,491		—		1,491
	$	54,267	$	22,587	$	2,632	$	79,486	$	32,418,184	$	169,640	$	32,667,310
December 31, 2023
Construction and land development	$	624	$	—	$	—	$	624	$	2,921,457	$	1,433	$	2,923,514
Commercial non-owner occupied		2,194		123		1,378		3,695		8,546,630		21,309		8,571,634
Commercial owner occupied		3,852		1,141		988		5,981		5,446,803		44,887		5,497,671
Consumer owner occupied		7,903		552		920		9,375		6,560,359		25,271		6,595,005
Home equity loans		6,500		1,326		—		7,826		1,385,687		4,932		1,398,445
Commercial and industrial		25,231		7,194		9,193		41,618		5,399,390		63,531		5,504,539
Other income producing property		569		570		—		1,139		651,993		3,202		656,334
Consumer		13,212		7,370		—		20,582		1,207,411		5,657		1,233,650
Other loans		—		—		—		—		7,697		—		7,697
	$	60,085	$	18,276	$	12,479	$	90,840	$	32,127,427	$	170,222	$	32,388,489

Summary of collateral dependent loans, by type of collateral

The following is a summary of collateral dependent loans, by type of collateral, and the extent to which they are collateralized during the period:


	March 31,		Collateral			December 31,		Collateral
(Dollars in thousands)	2024		Coverage		%	2023		Coverage		%
Commercial owner occupied real estate
Church	$	4,671	$	8,391	180%	$	3,537	$	6,705	190%
Industrial		7,049		13,950	198%		7,172		15,273	213%
Other		16,032		29,202	182%		12,231		23,747	194%
Commercial non-owner occupied real estate
Retail		—		—			3,216		4,208	131%
Other		—		—			12,607		29,182	231%
Office		2,799		2,799	100%		—		—
Commercial and industrial
Other		43,289		54,810	127%		44,116		46,114	105%
Total collateral dependent loans	$	73,840	$	109,152		$	82,879	$	125,229

Schedule of changes in status of loans restructured within the previous 12 months

The following table presents the changes in status of loans modified within the previous twelve months to borrowers experiencing financial difficulty, as of March 31, 2024 and 2023, by type of modification. There were no subsequent defaults.


	March 31,
	2024						2023
	Paying Under						Paying Under
	Restructured		Converted to		Foreclosures		Restructured		Converted to		Foreclosures
	Terms		Nonaccrual		and Defaults		Terms		Nonaccrual		and Defaults
	Amortized		Amortized		Amortized		Amortized		Amortized		Amortized
(Dollars in thousands)	Cost		Cost		Cost		Cost		Cost		Cost
Interest rate reduction
Commercial owner occupied real estate	$	839	$	—	$	—	$	—	$	—	$	—
Consumer owner occupied		923		—		—		—		—		—
Total interest rate reductions	$	1,762	$	—	$	—	$	—	$	—	$	—

Term extension
Construction and land development	$	—	$	—	$	—	$	260	$	—	$	—
Commercial non-owner occupied		1,241		—		—		—		—		—
Commercial owner occupied real estate		7,075		—		—		2,105		—		—
Consumer owner occupied		—		—		—		282		—		—
Commercial and industrial		1,596		—		—		1,145		—		—
Other income producing property		337		—		—		—		—		—
Total term extensions	$	10,249	$	—	$	—	$	3,792	$	—	$	—


Term Extension and Interest Rate Reduction
Consumer owner occupied	$	258	$	—	$	—	$	—	$	—	$	—
Total combinations	$	258	$	—	$	—	$	—	$	—	$	—
	$	12,269	$	—	$	—	$	3,792	$	—	$	—

Summary of Loans