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Loans (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2018
Receivables [Abstract] |
Schedule of Loans by Class | The following table presents loans by class as of the dates indicated:
| March 31, 2018 |  | December 31, 2017
Real estate loans: |  |  |
Commercial | $ | 2,821.9 |  |  | $ | 2,822.9 |
Construction: |  |  |
Land acquisition & development | 364.6 |  |  | 348.7 |
Residential | 230.6 |  |  | 240.2 |
Commercial | 140.8 |  |  | 119.4 |
Total construction loans | 736.0 |  |  | 708.3 |
Residential | 1,486.6 |  |  | 1,487.4 |
Agricultural | 156.9 |  |  | 158.2 |
Total real estate loans | 5,201.4 |  |  | 5,176.8 |
Consumer: |  |  |
Indirect consumer | 782.9 |  |  | 784.7 |
Other consumer | 173.0 |  |  | 175.1 |
Credit card | 75.2 |  |  | 74.6 |
Total consumer loans | 1,031.1 |  |  | 1,034.4 |
Commercial | 1,244.1 |  |  | 1,215.4 |
Agricultural | 133.9 |  |  | 136.2 |
Other, including overdrafts | 4.0 |  |  | 4.9 |
Loans held for investment | 7,614.5 |  |  | 7,567.7 |
Mortgage loans held for sale | 32.3 |  |  | 46.6 |
Total loans | $ | 7,646.8 |  |  | $ | 7,614.3 |
Schedule of Recorded Investment in Past Due Loans by Class | The following tables present the Company's recorded investment and contractual aging of the Company's recorded investment in loans by class as of the dates indicated. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due.
|  |  |  | Total Loans |  |  |
| 30 - 59 | 60 - 89 | > 90 | 30 or More |  |  |
| Days | Days | Days | Days | Current | Non-accrual | Total
As of March 31, 2018 | Past Due | Past Due | Past Due | Past Due | Loans | Loans | Loans
Real estate |  |  |  |  |  |  |
Commercial | $ | 4.4 |  | $ | 1.0 |  | $ | 0.5 |  | $ | 5.9 |  | $ | 2,792.2 |  | $ | 23.8 |  | $ | 2,821.9 |
Construction: |  |  |  |  |  |  |
Land acquisition & development | 0.7 |  | 0.2 |  | 0.3 |  | 1.2 |  | 360.3 |  | 3.1 |  | 364.6 |
Residential | 3.5 |  | 0.7 |  | — |  | 4.2 |  | 225.7 |  | 0.7 |  | 230.6 |
Commercial | 0.1 |  | — |  | — |  | 0.1 |  | 136.9 |  | 3.8 |  | 140.8 |
Total construction loans | 4.3 |  | 0.9 |  | 0.3 |  | 5.5 |  | 722.9 |  | 7.6 |  | 736.0 |
Residential | 3.5 |  | 6.8 |  | 0.6 |  | 10.9 |  | 1,469.2 |  | 6.5 |  | 1,486.6 |
Agricultural | 2.2 |  | 8.4 |  | 0.1 |  | 10.7 |  | 141.6 |  | 4.6 |  | 156.9 |
Total real estate loans | 14.4 |  | 17.1 |  | 1.5 |  | 33.0 |  | 5,125.9 |  | 42.5 |  | 5,201.4 |
Consumer: |  |  |  |  |  |  |
Indirect consumer | 5.5 |  | 0.9 |  | 0.5 |  | 6.9 |  | 774.1 |  | 1.9 |  | 782.9 |
Other consumer | 1.2 |  | 0.3 |  | — |  | 1.5 |  | 171.1 |  | 0.4 |  | 173.0 |
Credit card | 0.7 |  | 0.4 |  | 0.7 |  | 1.8 |  | 73.4 |  | — |  | 75.2 |
Total consumer loans | 7.4 |  | 1.6 |  | 1.2 |  | 10.2 |  | 1,018.6 |  | 2.3 |  | 1,031.1 |
Commercial | 6.7 |  | 4.9 |  | 1.0 |  | 12.6 |  | 1,215.1 |  | 16.4 |  | 1,244.1 |
Agricultural | 1.2 |  | 0.3 |  | — |  | 1.5 |  | 130.5 |  | 1.9 |  | 133.9 |
Other, including overdrafts | — |  | — |  | — |  | — |  | 4.0 |  | — |  | 4.0 |
Loans held for investment | 29.7 |  | 23.9 |  | 3.7 |  | 57.3 |  | 7,494.1 |  | 63.1 |  | 7,614.5 |
Mortgage loans originated for sale | — |  | — |  | — |  | — |  | 32.3 |  | — |  | 32.3 |
Total loans | $ | 29.7 |  | $ | 23.9 |  | $ | 3.7 |  | $ | 57.3 |  | $ | 7,526.4 |  | $ | 63.1 |  | $ | 7,646.8 |
|  |  |  | Total Loans |  |  |
| 30 - 59 | 60 - 89 | > 90 | 30 or More |  |  |
| Days | Days | Days | Days | Current | Non-accrual | Total
As of December 31, 2017 | Past Due | Past Due | Past Due | Past Due | Loans | Loans | Loans
Real estate |  |  |  |  |  |  |
Commercial | $ | 2.9 |  | $ | 0.5 |  | $ | 0.3 |  | $ | 3.7 |  | $ | 2,792.4 |  | $ | 26.8 |  | $ | 2,822.9 |
Construction: |  |  |  |  |  |  |
Land acquisition & development | 7.3 |  | 0.3 |  | 0.3 |  | 7.9 |  | 337.8 |  | 3.0 |  | 348.7 |
Residential | 2.1 |  | — |  | — |  | 2.1 |  | 236.4 |  | 1.7 |  | 240.2 |
Commercial | — |  | — |  | — |  | — |  | 115.6 |  | 3.8 |  | 119.4 |
Total construction loans | 9.4 |  | 0.3 |  | 0.3 |  | 10.0 |  | 689.8 |  | 8.5 |  | 708.3 |
Residential | 13.3 |  | 1.4 |  | 0.4 |  | 15.1 |  | 1,464.1 |  | 8.2 |  | 1,487.4 |
Agricultural | 0.3 |  | — |  | 0.2 |  | 0.5 |  | 154.3 |  | 3.4 |  | 158.2 |
Total real estate loans | 25.9 |  | 2.2 |  | 1.2 |  | 29.3 |  | 5,100.6 |  | 46.9 |  | 5,176.8 |
Consumer: |  |  |  |  |  |  |
Indirect consumer | 7.8 |  | 2.1 |  | 0.4 |  | 10.3 |  | 772.6 |  | 1.8 |  | 784.7 |
Other consumer | 1.6 |  | 0.5 |  | 0.1 |  | 2.2 |  | 172.6 |  | 0.3 |  | 175.1 |
Credit card | 0.9 |  | 0.6 |  | 0.7 |  | 2.2 |  | 72.4 |  | — |  | 74.6 |
Total consumer loans | 10.3 |  | 3.2 |  | 1.2 |  | 14.7 |  | 1,017.6 |  | 2.1 |  | 1,034.4 |
Commercial | 3.9 |  | 1.7 |  | 0.7 |  | 6.3 |  | 1,189.5 |  | 19.6 |  | 1,215.4 |
Agricultural | 1.8 |  | 0.1 |  | — |  | 1.9 |  | 133.5 |  | 0.8 |  | 136.2 |
Other, including overdrafts | — |  | — |  | — |  | — |  | 4.9 |  | — |  | 4.9 |
Loans held for investment | 41.9 |  | 7.2 |  | 3.1 |  | 52.2 |  | 7,446.1 |  | 69.4 |  | 7,567.7 |
Mortgage loans originated for sale | — |  | — |  | — |  | — |  | 46.6 |  | — |  | 46.6 |
Total loans | $ | 41.9 |  | $ | 7.2 |  | $ | 3.1 |  | $ | 52.2 |  | $ | 7,492.7 |  | $ | 69.4 |  | $ | 7,614.3 |
Schedule of Acquired Loans with Credit Impairment | Information regarding loans acquired credit-impaired as of the May 30, 2017 acquisition date is as follows:
Contractually required principal and interest payments | $ | 49.7 |
Contractual cash flows not expected to be collected ("non-accretable discount") | 24.7 |
Cash flows expected to be collected | 25.0 |
Interest component of cash flows expected to be collected ("accretable discount") | 1.9 |
Fair value of acquired credit-impaired loans | $ | 23.1 |
The following table displays the outstanding unpaid balances and accrual status of loans acquired with credit impairment as of March 31, 2018 and 2017:
| As of March 31,
| 2018 |  | 2017
Outstanding balance | $ | 33.5 |  |  | $ | 32.6 |
Carrying value |  |  |
Loans on accrual status | 20.7 |  |  | 18.9 |
Total carrying value | $ | 20.7 |  |  | $ | 18.9 |
The following table summarizes changes in the accretable yield for loans acquired credit impaired for the three months ended March 31, 2018 and 2017:
| Three Months Ended March 31,
| 2018 | 2017
Beginning balance | $ | 7.3 |  | $ | 6.8 |
Accretion income | (0.7 | ) | (0.6 | )
Reductions due to exit events | (0.2 | ) | (0.6 | )
Reclassifications from nonaccretable differences | 0.8 |  | 0.8 |
Ending balance | $ | 7.2 |  | $ | 6.4 |
Schedule of Recorded Investment in Impaired Loans | The following tables present information on the Company’s recorded investment in impaired loans as of dates indicated:
As of March 31, 2018 | Unpaid Total Principal Balance | Recorded Investment With No Allowance | Recorded Investment With Allowance | Total Recorded Investment | Related Allowance
Real estate: |  |  |  |  |
Commercial | $ | 44.0 |  | $ | 17.5 |  | $ | 16.1 |  | $ | 33.6 |  | $ | 3.4 |
Construction: |  |  |  |  |
Land acquisition & development | 9.2 |  | 3.4 |  | — |  | 3.4 |  | — |
Residential | 0.8 |  | 0.2 |  | 0.5 |  | 0.7 |  | 0.1 |
Commercial | 4.6 |  | 0.3 |  | 3.4 |  | 3.7 |  | 2.1 |
Total construction loans | 14.6 |  | 3.9 |  | 3.9 |  | 7.8 |  | 2.2 |
Residential | 9.7 |  | 6.2 |  | 2.1 |  | 8.3 |  | 0.4 |
Agricultural | 4.6 |  | 4.4 |  | — |  | 4.4 |  | — |
Total real estate loans | 72.9 |  | 32.0 |  | 22.1 |  | 54.1 |  | 6.0 |
Commercial | 25.4 |  | 6.7 |  | 13.7 |  | 20.4 |  | 4.5 |
Agricultural | 2.0 |  | 1.7 |  | 0.3 |  | 2.0 |  | 0.1 |
Total | $ | 100.3 |  | $ | 40.4 |  | $ | 36.1 |  | $ | 76.5 |  | $ | 10.6 |
As of December 31, 2017 | Unpaid Total Principal Balance | Recorded Investment With No Allowance | Recorded Investment With Allowance | Total Recorded Investment | Related Allowance
Real estate: |  |  |  |  |
Commercial | $ | 45.6 |  | $ | 20.9 |  | $ | 14.1 |  | $ | 35.0 |  | $ | 3.9 |
Construction: |  |  |  |  |
Land acquisition & development | 10.0 |  | 3.4 |  | 0.5 |  | 3.9 |  | — |
Residential | 1.8 |  | 1.7 |  | — |  | 1.7 |  | — |
Commercial | 4.7 |  | 0.4 |  | 3.5 |  | 3.9 |  | 2.2 |
Total construction loans | 16.5 |  | 5.5 |  | 4.0 |  | 9.5 |  | 2.2 |
Residential | 11.5 |  | 8.2 |  | 2.0 |  | 10.2 |  | 0.1 |
Agricultural | 3.7 |  | 3.6 |  | — |  | 3.6 |  | — |
Total real estate loans | 77.3 |  | 38.2 |  | 20.1 |  | 58.3 |  | 6.2 |
Commercial | 29.5 |  | 12.4 |  | 11.4 |  | 23.8 |  | 4.4 |
Agricultural | 1.1 |  | 0.8 |  | 0.3 |  | 1.1 |  | 0.2 |
Total | $ | 107.9 |  | $ | 51.4 |  | $ | 31.8 |  | $ | 83.2 |  | $ | 10.8 |
The following table presents the average recorded investment in and income recognized on impaired loans for the periods indicated:
| Three Months Ended March 31,
| 2018 |  | 2017
| Average Recorded Investment |  | Income Recognized |  | Average Recorded Investment |  | Income Recognized
Real estate | $ | 56.1 |  |  | $ | — |  |  | $ | 66.1 |  |  | $ | 0.2 |
Consumer | — |  |  | — |  |  | — |  |  | — |
Commercial | 22.1 |  |  | — |  |  | 32.7 |  |  | — |
Agricultural | 1.5 |  |  | — |  |  | 2.4 |  |  | — |
Total | $ | 79.7 |  |  | $ | — |  |  | $ | 101.2 |  |  | $ | 0.2 |
Schedule of Recorded Investment in Criticized Loans by Class and Credit Quality Indicator | The following tables present the Company’s recorded investment in criticized loans by class and credit quality indicator based on the most recent analysis performed as of the dates indicated:
As of March 31, 2018 | Other Assets Especially Mentioned | Substandard | Doubtful | Total Criticized Loans
Real estate: |  |  |  |
Commercial | $ | 76.7 |  | $ | 92.8 |  | $ | 8.0 |  | $ | 177.5 |
Construction: |  |  |  |
Land acquisition & development | 5.5 |  | 15.6 |  | — |  | 21.1 |
Residential | 4.0 |  | 1.0 |  | 0.5 |  | 5.5 |
Commercial | 7.9 |  | 3.6 |  | 3.5 |  | 15.0 |
Total construction loans | 17.4 |  | 20.2 |  | 4.0 |  | 41.6 |
Residential | 6.7 |  | 11.4 |  | 0.9 |  | 19.0 |
Agricultural | 6.4 |  | 18.9 |  | — |  | 25.3 |
Total real estate loans | 107.2 |  | 143.3 |  | 12.9 |  | 263.4 |
Consumer: |  |  |  |
Indirect consumer | 0.7 |  | 2.2 |  | 0.2 |  | 3.1 |
Other consumer | 0.4 |  | 0.8 |  | 0.2 |  | 1.4 |
Total consumer loans | 1.1 |  | 3.0 |  | 0.4 |  | 4.5 |
Commercial | 47.5 |  | 55.5 |  | 10.8 |  | 113.8 |
Agricultural | 3.7 |  | 10.6 |  | 0.5 |  | 14.8 |
Total | $ | 159.5 |  | $ | 212.4 |  | $ | 24.6 |  | $ | 396.5 |
As of December 31, 2017 | Other Assets Especially Mentioned | Substandard | Doubtful | Total Criticized Loans
Real estate: |  |  |  |
Commercial | $ | 78.0 |  | $ | 96.4 |  | $ | 10.3 |  | $ | 184.7 |
Construction: |  |  |  |
Land acquisition & development | 3.2 |  | 16.4 |  | — |  | 19.6 |
Residential | 2.3 |  | 1.7 |  | 0.5 |  | 4.5 |
Commercial | 2.4 |  | 3.6 |  | 3.5 |  | 9.5 |
Total construction loans | 7.9 |  | 21.7 |  | 4.0 |  | 33.6 |
Residential | 3.9 |  | 12.5 |  | 1.9 |  | 18.3 |
Agricultural | 4.3 |  | 19.1 |  | — |  | 23.4 |
Total real estate loans | 94.1 |  | 149.7 |  | 16.2 |  | 260.0 |
Consumer: |  |  |  |
Indirect consumer | 0.8 |  | 2.2 |  | 0.3 |  | 3.3 |
Other consumer | 0.4 |  | 0.7 |  | 0.2 |  | 1.3 |
Total consumer loans | 1.2 |  | 2.9 |  | 0.5 |  | 4.6 |
Commercial | 54.7 |  | 56.3 |  | 11.1 |  | 122.1 |
Agricultural | 5.1 |  | 8.3 |  | 0.4 |  | 13.8 |
Total | $ | 155.1 |  | $ | 217.2 |  | $ | 28.2 |  | $ | 400.5 |

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- Definition Tabular disclosure of the reconciliation of contractual cash flows to the carrying amount relating to certain loans acquired in a transfer. + References No definition available. + Details
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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953659-111524 + Details
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- Definition Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953401-111524 + Details
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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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