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Loans (Tables) - Portfolio loans, net
 6 Months Ended
Jun. 30, 2019
Non-covered Loans [Line Items]  
Summary of Portfolio Loans by Category
The table below shows the loan portfolio composition including carrying value categorized by loans accounted for at amortized cost, which includes our originated loans, and by loans accounted for as PCI.

(in thousands)

June 30, 2019
 
December 31, 2018
Loans accounted for at amortized cost
$
5,046,182

 
$
4,303,600

Loans accounted for as PCI
103,315

 
46,401

Total loans
$
5,149,497

 
$
4,350,001


At June 30, 2019, loans acquired in the Trinity acquisition included $600 million accounted for at amortized cost and $68 million accounted for as PCI. These loans were recorded at fair value with no allowance for loan losses.

The table below shows the composition of the allowance for loan losses:
(in thousands)

June 30, 2019
 
December 31, 2018
Allowance for loans accounted for at amortized cost
$
42,935

 
$
42,295

Allowance for loans accounted for as PCI
887

 
1,181

Total allowance for loan losses
$
43,822

 
$
43,476


The following tables are not applicable to PCI loans.

Below is a summary of loans by category at June 30, 2019 and December 31, 2018:
 
(in thousands)
June 30, 2019
 
December 31, 2018
Commercial and industrial
$
2,248,571

 
$
2,121,008

Real estate:
 
 
 
Commercial - investor owned
1,198,308

 
843,728

Commercial - owner occupied
678,046

 
604,498

Construction and land development
396,370

 
330,097

Residential
395,828

 
298,944

Total real estate loans
2,668,552

 
2,077,267

Consumer and other
131,041

 
107,351

Loans, before unearned loan fees
5,048,164

 
4,305,626

Unearned loan fees, net
(1,982
)
 
(2,026
)
Loans, including unearned loan fees
$
5,046,182

 
$
4,303,600
Summary of Allowance for Loan Losses and the Recorded Investment in Portfolio Loans by Class and Category Based on Impairment Method
A summary of the activity in the allowance for loan losses and the recorded investment in loans by class and category based on impairment methodology through June 30, 2019, and at December 31, 2018, is as follows:
(in thousands)
Commercial and industrial
 
CRE - investor owned
 
CRE -
owner occupied
 
Construction and land development
 
Residential real estate
 
Consumer and other
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2018
$
29,039

 
$
4,683

 
$
4,239

 
$
1,987

 
$
1,616

 
$
731

 
$
42,295

Provision (provision reversal) for loan losses
1,445

 
769

 
(431
)
 
(252
)
 
(288
)
 
233

 
1,476

Losses charged off
(1,853
)
 
(120
)
 
(36
)
 
(45
)
 
(67
)
 
(129
)
 
(2,250
)
Recoveries
29

 
7

 
2

 
9

 
364

 
13

 
424

Balance at March 31, 2019
$
28,660

 
$
5,339


$
3,774


$
1,699


$
1,625


$
848


$
41,945

Provision (provision reversal) for loan losses
1,781

 
364

 
591

 
(216
)
 
(345
)
 
(215
)
 
1,960

Losses charged off
(1,380
)
 
(431
)
 
—

 
—

 
(26
)
 
(53
)
 
(1,890
)
Recoveries
32

 
52

 
6

 
489

 
124

 
217

 
920

Balance at June 30, 2019
$
29,093

 
$
5,324


$
4,371


$
1,972


$
1,378


$
797


$
42,935


(in thousands)
Commercial and industrial
 
CRE - investor owned
 
CRE -
owner occupied
 
Construction and land development
 
Residential real estate
 
Consumer and other
 
Total
Balance June 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
2,402

 
$
165

 
$
9

 
$
—

 
$
23

 
$
—

 
$
2,599

Collectively evaluated for impairment
26,691

 
5,159

 
4,362

 
1,972

 
1,355

 
797

 
40,336

Total
$
29,093

 
$
5,324


$
4,371


$
1,972


$
1,378


$
797


$
42,935

Loans - Ending balance:
 
 
 
 
 
 
 

 
 
 
 
 
 
Individually evaluated for impairment
$
15,112

 
$
1,284

 
$
1,629

 
$
—

 
$
3,060

 
$
—

 
$
21,085

Collectively evaluated for impairment
2,233,459

 
1,197,024

 
676,417

 
396,370

 
392,768

 
129,059

 
5,025,097

Total
$
2,248,571

 
$
1,198,308


$
678,046


$
396,370


$
395,828


$
129,059


$
5,046,182

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
4,266

 
$
—

 
$
109

 
$
—

 
$
52

 
$
26

 
$
4,453

Collectively evaluated for impairment
24,773

 
4,683

 
4,130

 
1,987

 
1,564

 
705

 
37,842

Total
$
29,039

 
$
4,683


$
4,239


$
1,987


$
1,616


$
731


$
42,295

Loans - Ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
12,950

 
$
398

 
$
2,135

 
$
—

 
$
2,277

 
$
311

 
$
18,071

Collectively evaluated for impairment
2,108,058

 
843,330

 
602,363

 
330,097

 
296,667

 
105,014

 
4,285,529

Total
$
2,121,008

 
$
843,728


$
604,498


$
330,097


$
298,944


$
105,325


$
4,303,600
Financing Receivable, Noncurrent, Allowance for Credit Loss [Table Text Block]
A summary of the activity in the allowance for loan losses and the recorded investment in loans by class and category based on impairment methodology through June 30, 2019, and at December 31, 2018, is as follows:
(in thousands)
Commercial and industrial
 
CRE - investor owned
 
CRE -
owner occupied
 
Construction and land development
 
Residential real estate
 
Consumer and other
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2018
$
29,039

 
$
4,683

 
$
4,239

 
$
1,987

 
$
1,616

 
$
731

 
$
42,295

Provision (provision reversal) for loan losses
1,445

 
769

 
(431
)
 
(252
)
 
(288
)
 
233

 
1,476

Losses charged off
(1,853
)
 
(120
)
 
(36
)
 
(45
)
 
(67
)
 
(129
)
 
(2,250
)
Recoveries
29

 
7

 
2

 
9

 
364

 
13

 
424

Balance at March 31, 2019
$
28,660

 
$
5,339


$
3,774


$
1,699


$
1,625


$
848


$
41,945

Provision (provision reversal) for loan losses
1,781

 
364

 
591

 
(216
)
 
(345
)
 
(215
)
 
1,960

Losses charged off
(1,380
)
 
(431
)
 
—

 
—

 
(26
)
 
(53
)
 
(1,890
)
Recoveries
32

 
52

 
6

 
489

 
124

 
217

 
920

Balance at June 30, 2019
$
29,093

 
$
5,324


$
4,371


$
1,972


$
1,378


$
797


$
42,935


(in thousands)
Commercial and industrial
 
CRE - investor owned
 
CRE -
owner occupied
 
Construction and land development
 
Residential real estate
 
Consumer and other
 
Total
Balance June 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
2,402

 
$
165

 
$
9

 
$
—

 
$
23

 
$
—

 
$
2,599

Collectively evaluated for impairment
26,691

 
5,159

 
4,362

 
1,972

 
1,355

 
797

 
40,336

Total
$
29,093

 
$
5,324


$
4,371


$
1,972


$
1,378


$
797


$
42,935

Loans - Ending balance:
 
 
 
 
 
 
 

 
 
 
 
 
 
Individually evaluated for impairment
$
15,112

 
$
1,284

 
$
1,629

 
$
—

 
$
3,060

 
$
—

 
$
21,085

Collectively evaluated for impairment
2,233,459

 
1,197,024

 
676,417

 
396,370

 
392,768

 
129,059

 
5,025,097

Total
$
2,248,571

 
$
1,198,308


$
678,046


$
396,370


$
395,828


$
129,059


$
5,046,182

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for loan losses - Ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
4,266

 
$
—

 
$
109

 
$
—

 
$
52

 
$
26

 
$
4,453

Collectively evaluated for impairment
24,773

 
4,683

 
4,130

 
1,987

 
1,564

 
705

 
37,842

Total
$
29,039

 
$
4,683


$
4,239


$
1,987


$
1,616


$
731


$
42,295

Loans - Ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
12,950

 
$
398

 
$
2,135

 
$
—

 
$
2,277

 
$
311

 
$
18,071

Collectively evaluated for impairment
2,108,058

 
843,330

 
602,363

 
330,097

 
296,667

 
105,014

 
4,285,529

Total
$
2,121,008

 
$
843,728


$
604,498


$
330,097


$
298,944


$
105,325


$
4,303,600
Summary of Portfolio Loans Individually Evaluated for Impairment and Recorded Investment in Impaired Non-Covered Loans by Category
The recorded investment in nonperforming loans by category at June 30, 2019 and December 31, 2018, is as follows: 
 
June 30, 2019
(in thousands)
Non-accrual
 
Restructured, accruing
 
Loans over 90 days past due and still accruing interest
 
Total
Commercial and industrial
$
11,009

 
$
104

 
$
3,999

 
$
15,112

Real estate:
 
 
 
 
 
 
 
    Commercial - investor owned
1,284

 
—

 
—

 
1,284

    Commercial - owner occupied
386

 
—

 
—

 
386

    Construction and land development
—

 
—

 
—

 
—

    Residential
2,980

 
80

 
—

 
3,060

Consumer and other
—

 
—

 
—

 
—

       Total
$
15,659

 
$
184


$
3,999


$
19,842


 
December 31, 2018
(in thousands)
Non-accrual
 
Restructured, accruing
 
Total
Commercial and industrial
$
12,805

 
$
145

 
$
12,950

Real estate:
 
 
 
 
 
    Commercial - investor owned
398

 
—

 
398

    Commercial - owner occupied
808

 
—

 
808

    Construction and land development
—

 
—

 
—

    Residential
2,197

 
80

 
2,277

Consumer and other
312

 
—

 
312

       Total
$
16,520

 
$
225

 
$
16,745


A summary of nonperforming loans individually evaluated for impairment by category at June 30, 2019 and December 31, 2018, and the income recognized on impaired loans is as follows:

 
June 30, 2019
(in thousands)
Unpaid
Contractual
Principal Balance
 
Recorded
Investment
With No Allowance
 
Recorded
Investment
With
Allowance
 
Total
Recorded Investment
 
Related Allowance
 
Average
Recorded Investment
Commercial and industrial
$
28,835

 
$
6,826

 
$
8,286

 
$
15,112

 
$
2,402

 
$
16,728

Real estate:
 
 
 
 
 
 
 
 
 
 
 
    Commercial - investor owned
1,948

 
459

 
825

 
1,284

 
165

 
1,460

    Commercial - owner occupied
405

 
231

 
155

 
386

 
9

 
393

    Construction and land development
—

 
—

 
—

 
—

 
—

 
—

    Residential
3,069

 
2,928

 
132

 
3,060

 
23

 
1,869

Consumer and other
—

 
—

 
—

 
—

 
—

 
—

Total
$
34,257

 
$
10,444


$
9,398


$
19,842


$
2,599


$
20,450


 
December 31, 2018
(in thousands)
Unpaid
Contractual
Principal Balance
 
Recorded
Investment
With No Allowance
 
Recorded
Investment
With
Allowance
 
Total
Recorded Investment
 
Related Allowance
 
Average
Recorded Investment
Commercial and industrial
$
21,893

 
$
3,294

 
$
9,656

 
$
12,950

 
$
4,266

 
$
13,827

Real estate:
 
 
 
 
 
 
 
 
 
 
 
    Commercial - investor owned
553

 
398

 
—

 
398

 
—

 
277

    Commercial - owner occupied
847

 
472

 
336

 
808

 
109

 
691

    Construction and land development
—

 
—

 
—

 
—

 
—

 
—

    Residential
2,425

 
1,659

 
618

 
2,277

 
52

 
778

Consumer and other
329

 
—

 
312

 
312

 
26

 
—

Total
$
26,047

 
$
5,823


$
10,922


$
16,745


$
4,453


$
15,573



 
Three months ended June 30,
 
Six months ended June 30,
(in thousands)
2019
 
2018
 
2019
 
2018
Total interest income that would have been recognized under original terms
$
210

 
$
467

 
$
647

 
$
1,001

Total cash received and recognized as interest income on non-accrual loans
123

 
78

 
185

 
89

Total interest income recognized on accruing, impaired loans
110

 
13

 
113

 
23
Summary of Recorded Investment by Category for Portfolio Loans Restructured
There were no loans restructured during the three and six months ended June 30, 2018. The recorded investment by category for the portfolio loans that have been restructured during the three and six months ended June 30, 2019, is as follows:
 
June 30, 2019
(in thousands, except for number of loans)
Number of loans
 
Pre-Modification Outstanding Recorded Balance
 
Post-Modification Outstanding Recorded Balance
Real estate:
 
 
 
 
 
Commercial - owner occupied
1

 
188

 
188

Residential
2

 
332

 
332

Total
3

 
$
520

 
$
520
Summary of Recorded Investment by Category for Portfolio Loans Restructured and Subsequently Defaulted
Restructured loans that subsequently defaulted during the three and six months ended June 30, 2019 included one commercial and industrial loan with a recorded balance of $272,000. There were no troubled debt restructured loans that subsequently defaulted during the three and six months ended June 30, 2018.
Summary of Aging of Recorded Investment in Past Due Portfolio Loans by Portfolio Class and Category
The aging of the recorded investment in past due loans by portfolio class and category at June 30, 2019 and December 31, 2018, is shown below.

 
June 30, 2019
(in thousands)
30-89 Days
 Past Due
 
90 or More
Days
Past Due
 
Total
Past Due
 
Current
 
Total
Commercial and industrial
$
6,682

 
$
12,562

 
$
19,244

 
$
2,229,327

 
$
2,248,571

Real estate:
 
 
 
 
 
 
 
 
 
Commercial - investor owned
1,647

 
1,096

 
2,743

 
1,195,565

 
1,198,308

Commercial - owner occupied
415

 
155

 
570

 
677,476

 
678,046

Construction and land development
41

 
—

 
41

 
396,329

 
396,370

Residential
1,147

 
2,649

 
3,796

 
392,032

 
395,828

Consumer and other
131

 
—

 
131

 
128,928

 
129,059

Total
$
10,063

 
$
16,462


$
26,525


$
5,019,657


$
5,046,182


 
December 31, 2018
(in thousands)
30-89 Days
 Past Due
 
90 or More
Days
Past Due
 
Total
Past Due
 
Current
 
Total
Commercial and industrial
$
66

 
$
10,257

 
$
10,323

 
$
2,110,685

 
$
2,121,008

Real estate:
 
 
 
 
 
 
 
 
 
Commercial - investor owned
529

 
127

 
656

 
843,072

 
843,728

Commercial - owner occupied
292

 
565

 
857

 
603,641

 
604,498

Construction and land development
6

 
—

 
6

 
330,091

 
330,097

Residential
709

 
897

 
1,606

 
297,338

 
298,944

Consumer and other
—

 
312

 
312

 
105,013

 
105,325

Total
$
1,602

 
$
12,158


$
13,760


$
4,289,840


$
4,303,600
Summary of Recorded Investment by Risk Category of Portfolio Loans by Portfolio Class and Category
The recorded investment by risk category of the loans by portfolio class and category at June 30, 2019, which is based upon the most recent analysis performed, and December 31, 2018, is as follows:
 
June 30, 2019
(in thousands)
Pass (1-6)
 
Watch (7)
 
Classified (8 & 9)
 
Total
Commercial and industrial
$
2,035,655

 
$
142,288

 
$
70,628

 
$
2,248,571

Real estate:
 
 
 
 
 
 
 
Commercial - investor owned
1,175,396

 
19,884

 
3,028

 
1,198,308

Commercial - owner occupied
648,403

 
26,463

 
3,180

 
678,046

Construction and land development
390,532

 
5,774

 
64

 
396,370

Residential
387,610

 
3,011

 
5,207

 
395,828

Consumer and other
129,059

 
—

 
—

 
129,059

Total
$
4,766,655

 
$
197,420

 
$
82,107

 
$
5,046,182


 
December 31, 2018
(in thousands)
Pass (1-6)
 
Watch (7)
 
Classified (8 & 9)
 
Total
Commercial and industrial
$
1,927,782

 
$
146,033

 
$
47,193

 
$
2,121,008

Real estate:
 
 
 
 
 
 
 
Commercial - investor owned
823,128

 
15,083

 
5,517

 
843,728

Commercial - owner occupied
563,003

 
31,834

 
9,661

 
604,498

Construction and land development
318,451

 
11,580

 
66

 
330,097

Residential
287,802

 
4,232

 
6,910

 
298,944

Consumer and other
105,007

 
6

 
312

 
105,325

Total
$
4,025,173

 
$
208,768


$
69,659

 
$
4,303,600