Acquired SJB Assets and FDIC Loss Sharing Asset (Tables)

12 Months Ended

Dec. 31, 2017

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 presented.


	December 31,
	2017		2016
	(Dollars in thousands)

Commercial and industrial	$	934	$	2,309
SBA		1,383		327
Real estate:
Commercial real estate		27,431		67,594
Construction		-		-
SFR mortgage		162		178
Dairy & livestock and agribusiness		770		1,216
Municipal lease finance receivables		-		-
Consumer and other loans		228		1,469

Gross PCI loans		30,908		73,093
Less: Purchase accounting discount		(2,026)		(1,508)

Gross PCI loans, net of discount		28,882		71,585
Less: Allowance for PCI loan losses		(367)		(1,219)

Net PCI loans	$	28,515	$	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 presented.


	December 31,
	2017		2016
	(Dollars in thousands)
Pass	$	26,439	$	59,409
Special mention		1,088		1,162
Substandard		3,381		12,522
Doubtful & loss		-		-

Total gross PCI loans	$	30,908	$	73,093

Summary of Activity Related to FDIC Loss Sharing Liability

The following table summarizes the activity related to the FDIC loss sharing liability for the periods presented.


	For the Year Ended December 31,
	2017		2016
	(Dollars in thousands)
Balance, beginning of period	$	(502)	$	(229)
FDIC share of recoveries, net of charge-offs		-		(5)
Cash paid to FDIC, net		519		514
Other		(124)		(782)

Balance, end of period	$	(107)	$	(502)