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Acquired SJB Assets and FDIC Loss Sharing Asset (Tables)
6 Months Ended
Jun. 30, 2017
Text Block [Abstract]  
Summary of PCI Loans and Lease Finance Receivables

The following table provides a summary of PCI loans and lease finance receivables by type and by internal risk ratings (credit quality indicators) for the periods indicated.

 

                                               
         June 30, 2017            December 31, 2016         
     (Dollars in thousands)     

Commercial and industrial

     $ 1,913          $ 2,309       

SBA

     1,433          327       

Real estate:

        

Commercial real estate

     46,210          67,594       

Construction

     -          -       

SFR mortgage

     171          178       

Dairy & livestock and agribusiness

     345          1,216       

Municipal lease finance receivables

     -          -       

Consumer and other loans

     805          1,469       
  

 

 

    

 

 

    

Gross PCI loans

     50,877          73,093       

Less: Purchase accounting discount

     (1,008)         (1,508)      
  

 

 

    

 

 

    

Gross PCI loans, net of discount

     49,869          71,585       

Less: Allowance for PCI loan losses

     (659)         (1,219)      
  

 

 

    

 

 

    

Net PCI loans

     $ 49,210          $ 70,366       
  

 

 

    

 

 

    
Summary of Gross PCI Loans by Internal Risk Ratings by Loans

The following table summarizes gross PCI loans by internal risk ratings for the periods indicated.

 

                                               
         June 30, 2017            December 31, 2016         
     (Dollars in thousands)     

Pass

     $ 38,623          $ 59,409       

Special mention

     167          1,162       

Substandard

     12,087          12,522       

Doubtful & loss

     -          -       
  

 

 

    

 

 

    

Total gross PCI loans

     $     50,877          $     73,093